Hong Kong Regulator to Escalate Action Against Unregistered Crypto Platforms Amid JPEX Scandal

Hong Kong’s SFC is cracking down on unregistered crypto platforms post-JPEX scandal, listing licensed and suspicious platforms, enhancing regulatory enforcement. Highlights: In response to the ongoing scandal surrounding the JPEX crypto exchange, the Securities and Futures Commission (SFC) of Hong Kong is firming up its stance against unregulated cryptocurrency trading platforms operating within its jurisdiction. JUST IN: Hong Kong to …

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HSBC Bank Users Gain Access to SHIB and XRP Payments Through New Partnership

HSBC partners with FCF Pay, enabling customers to pay mortgages and loans with cryptocurrencies like SHIB and XRP, signifying growing crypto adoption. Key Points Blockchain payment system, FCF Pay, has announced a groundbreaking partnership enabling customers of HSBC, one of the largest global banking and financial service firms, to pay their mortgages and loans using cryptocurrencies. This partnership allows the …

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Velocity Unleashed: Bybit Collaborates with Rik Oostenbroek for NFTs

Bybit, the world-renowned cryptocurrency exchange, has joined forces with artist Rik Oostenbroek to launch the highly anticipated Velocity Series NFT. This groundbreaking collaboration brings together Bybit, Oracle Red Bull Racing, and digital artists to combine technology and artistry in a groundbreaking way. In a nutshell, here are the key points: 1. Bybit and Rik Oostenbroek collaborate for the Velocity Series …

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John Deaton Provides Latest Update on Ripple Lawsuit, Discusses SEC Appeal and Settlement Details

Ripple Lawsuit: Lawyer Emphasizes Qualified Immunity Challenge and Predicts Appeals Timeline Prominent attorney John Deaton, who has been deeply involved in the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC), recently spoke at the first annual onXDC Live blockchain industry conference in Texas. During his speech, Deaton shed light on a critical legal aspect that raises …

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OKX Wallet Partners with Oxalus to Enter NFT Space

Binance issues a warning against emotional trading in cryptocurrency markets, urging traders to read their article on “Trading Psychology” for guidance on emotional discipline. Key Points In a span of just one week, OKX Wallet has announced a series of integrations that diversify its offerings and solidify its position in the blockchain and cryptocurrency landscape. As of September 3, 2023, …

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Celsius Reportedly Gambled $8M Weekly in Leaked WhatsApp Chats to Support CEL

WhatsApp conversations between Celsius Network founders revealed alleged manipulative tactics to artificially boost CEL token’s price, leading to legal charges and concerns about the platform’s transparency. Key Points In an astonishing development, a series of WhatsApp conversations between the founders of Celsius Network have shed light on alleged manipulative tactics involving the price of the company’s native token, CEL. Keith, …

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After Vitalik Buterin’s X Account Hack, Binance CEO Calls for Universal Use of Hardware 2FA

Binance CEO CZ urges the adoption of hardware 2FA on all cryptocurrency platforms after Vitalik Buterin’s account hack, emphasizing enhanced security in the crypto ecosystem. Key Points Binance CEO Changpeng Zhao (CZ) has issued a strong recommendation for the usage of hardware 2FA on all cryptocurrency platforms. This plea comes on the heels of an alarming incident where Vitalik Buterin’s …

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53% Decline in Profit for Ethereum (ETH) Addresses

Glassnode analysis reveals that Ethereum addresses in profit have declined to 53.5% due to Ether’s recent 13% price drop, with potential for profit fluctuations pending significant market events. Key Points A recent analysis by blockchain intelligence platform Glassnode reveals that the percentage of Ethereum addresses currently in profit has decreased to approximately 53.5%. This decrease is primarily attributed to the …

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New Liquid Staking Module and Dashboard Features Added by Cosmos Hub

Cosmos (ATOM) Hub’s v12 upgrade introduces Liquid Staking Module, allowing ATOM token holders to skip the 21-day unbonding period, enhancing the DeFi ecosystem. Key Points Cosmos (ATOM) Hub, an integral blockchain within the Cosmos Network, has announced the successful completion of its v12 upgrade. This upgrade introduces the Liquid Staking Module (LSM), allowing ATOM token holders to bypass the previously …

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