Government officials have confirmed the city’s crypto commitments at the Hong Kong Web3 Festival this week as it aims to become a fully regulated crypto hub attracting investment and Web3 startups. On April 12, Financial Secretary Paul Chan Mo-po reiterated that appropriate regulations and oversight were of paramount importance. “I believe that everybody has learned from...Read More
Remittances in Bitcoin and other cryptocurrencies sent to El Salvador fell 17.8% during the first two months of 2023 compared to 2022, according to recent data published by the country’s Central Reserve Bank (BCR) reported by Agencia EFE. As per the statement, El Salvador received a total of $15.98 million in remittances via cryptocurrencies. This...Read More
As the crypto market experiences a reawakening, Bitcoin’s (BTC) recent rally has captured the attention of investors and enthusiasts. The flagship cryptocurrency has reached a remarkable 10-month high, surging past the $30,000 mark, bolstered by an atmosphere of positive market sentiment. Amidst ongoing economic uncertainties, investors are now eagerly awaiting Bitcoin’s next price trend and...Read More
Zipmex’s rescue plan could face some challenges as the crypto exchange’s investor is now asking to pay a fraction of its debt, as against the pledge to make a 100% payment. The distressed company is, meanwhile, planning to further extend its creditor protection to seek out new investors. Buyout Proposal for Zipmex Takes a New...Read More
[PRESS RELEASE – Mahe, Seychelles, April 15th, 2023] The crypto market has been red hot recently. Bitcoin (BTC) ripped past $30,000, Ethereum (ETH) staking withdrawals will go live, breaking the $2,000 price point whilst Bitcoin (BTC) dominance dropped while its price climbs means it might be the beginning of an altcoin season. A new powerhouse...Read More
[PRESS RELEASE – Singapore, Singapore, April 14th, 2023] ATPBot, a platform focused on quantitative trading strategy development and services, has launched. It develops and implements quantitative trading strategies for its users with the advantages of AI. This has resulted in ATPBot being dubbed the ChatGPT of crypto trading. ATPBot aims to provide crypto investors with...Read More
At the introduction of the meme coin, it was seen as unnecessary and insignificant in the crypto space. Memecoins were viewed as social media and internet jokes and could not contribute to the growth of the crypto industry. At worst, they were just a minor sector of the industry and not the best crypto to...Read More
A research conducted by Melbourne’s RMIT University estimated that Australian criminals who have employed cryptocurrencies, such as bitcoin, in their schemes had received harsher sentences than those who used fiat. The study outlined the role of digital assets on the Dark Web, claiming they are among the main payment methods supported there. Less Mercy to...Read More
Earlier this week, the United States Treasury Department came out with some strong words while elaborating on the risk assessment of decentralized finance (DeFi) in the first report of its kind in the world. While the agency managed to start an important conversation on the much-needed industry guidance, crypto advocates have been firm on regulation...Read More
On April 13, Solana said that its flagship, security-conscious, crypto-first Android device from Solana Mobile is available to those who pre-ordered. The firm will begin taking new orde1111rs for the device on May 8, it added. The Saga crypto smartphone was originally announced in mid-2022. It stated that the team has been using Saga for...Read More
