HSBC firm’s China subsidiary has begun providing e-CNY services to corporate clients, the firm said. This makes HSBC the first international bank in China to provide services related to the digital currency of the central bank, offering these services to both retail and corporate clients. The People’s Bank of China
Several transactions draining $81.5 million from the protocol occurred during the end of 2023 on the cross-chain bridge Orbit Chain, which has significant links to the Klaytn ecosystem. The assets were left undisturbed after the attack until Saturday, when the hacker or group started transferring around $48 million to Tornado
Singapore banks affected by the substantial money laundering announced increased scrutiny of their wealthy customers according to Bloomberg. Leading banks such as Citigroup Inc., and DBS Group Holdings Ltd. are among the banks that are working to tighten security following the attack in 2023. Notably, the money laundering case that
Trading in the cryptocurrency market was turbulent last week, with a promising beginning quickly giving way to a bearish finish. Notably, the week got off to a great start with experts predicting that Bitcoin will achieve a new high, sending expectations rising. The mood has shifted, however, in anticipation of
The crypto bull market is “reawakening” according to Arthur Hayes, the former CEO and co-founder of BitMEX who now runs Maelstrom. This comes after interest rate cuts announced this week by the Bank of Canada and the European Central Bank. The Bank of Canada dropped interest rates by quarter of
A total of $5.7 million was frozen and recovered by the Norwegian authorities in connection with the $600 million Ronin exploit that occurred in 2022. The Ethereum sidechain Ronin was developed by Sky Mavis specifically for the play-to-earn web3 game Axie Infinity. Sky Mavis stated on X: “The Norwegian National
The parent corporation of the New York Stock Exchange (NYSE) is allegedly thinking about selling or splitting up its crypto platform Bakkt, according to Bloomberg’s sources. According to the people who spoke with the media outlet, another possibility is that the board would decide to keep Bakkt as it is
Donald Trump, a presidential candidate who has been vocal about his support for Bitcoin, has dubbed himself the “Crypto President” in an effort to solidify his relationship with the rapidly expanding cryptocurrency ecosystem. At a fundraiser in San Francisco on Thursday, the 45th president of the US, Donald Trump, was
A data breach occurred at GetResponse, a third-party email management platform, according to cryptocurrency data aggregator CoinGecko. Attackers were able to access the contact details of more than 1.9 million CoinGecko users after a data breach at GetResponse occurred on June 5. This news comes after yesterday’s revelations of a
As of June 5, 2024, investment institutions collectively hold 879,191 BTC, underscoring robust confidence in Bitcoin amid significant movements in the ETF market. Adding on, U.S. spot Bitcoin exchange-traded funds (ETFs) have seen an unprecedented 18-day streak of positive net inflows, totaling $217.78 million. BlackRock’s IBIT ETF led the surge,
