The Hong Kong Monetary Authority (HKMA) officially commenced the second phase of its central bank digital currency (CBDC) pilot on Monday, renaming the initiative to “Project e-HKD+.” This phase aims to explore the commercial feasibility of the e-HKD through innovative use cases developed by 11 selected firms across various sectors.
More than 60 partner projects and 35 global speakers gathered at the prestigious National Gallery Singapore for The Open Art. The Open Art, hosted by Blum, TONX, and TON Society and co-hosted by CoinGecko, All At Once, TonBit, and Google Cloud, attracted over 11,280 registered attendees—the highest number of registered
Sam Bankman-Fried, was once a prominent figure in the cryptocurrency world. Claimed in November 2023 that he had become “the most hated man on earth” due to his role in the collapse of FTX. He was sentenced to 25 years in prison and fined $11 billion after being found guilty
In a recent court hearing, judges expressed skepticism regarding the SEC’s denial of Coinbase’s petition for rulemaking. Coinbase filed this petition on July 22, 2022, seeking clarity on regulatory guidelines. The SEC officially rejected the petition on July 27, 2023, claiming that it had already established sufficient guidelines. This case
In the last 24 hours, the overall crypto market has taken a diversion from its recent bull run. Data from leading aggregators show mild price dips in both leading cryptocurrencies and the overall market. However, the sector’s daily trading volume managed to sustain its upward momentum. Meanwhile, the second largest
The cryptocurrency environment is always changing for the better and newer projects come up almost every other time that appeal to investors and analysts. The latest such alteration is when an expert who had placed high confidence in the dogecoin’s rally of a 100x bull run now aims for a
Two of the largest cryptocurrencies, ADA and SOL, are currently witnessing a massive downward trend. It still makes sense to use these projects and deploy them, but now they are cast in the shade by a new upstart, Rexas Finance (RXS), which costs less than $0.10 and has rapidly gained
In a notable move, crypto exchange platform Bybit has launched the world’s first Shariah-compliant Islamic account, catering to the growing demand for halal financial products in the cryptocurrency space. This innovative account offers services that align with Islamic financial principles, ensuring that users can trade digital assets without engaging in
U.S. federal judge Allen has denied Green United’s motion to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC), accusing the Utah-based company of running an $18 million crypto mining scam. The SEC alleges that Green United misled investors by selling fake cryptocurrency mining equipment and violating federal
Crypto has grown into a lucrative space in which investors seek to create new avenues of return and wealth. From staking to trading, the manners in which one can make out-of-this-world returns with crypto are endless. Going into 2024, this is going to be a great avenue to make one
