Hong Kong crypto exchange license applications cost less than expected: Report

The digital renminbi is legally compensatory to China’s fiat currency. 328 Total views 8 Total shares China’s central bank digital currency (CBDC) known as the digital yuan should be regulated in line with cash-related laws, according to a senior exec at the country’s central bank.In an opinion article on Sept. 14, Fan Yifei, a deputy governor of…

Marcel Pechman explains whether real estate or Bitcoin is a better store of value and breaks down Instacart’s current valuation and why investors may want an alternate investment. 248 Total views 1 Total shares On this week’s episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the real estate markets, highlighting stagnant mortgage demand, attributed

United States cryptocurrency exchange Coinbase will soon hold a million Bitcoins (BTC) in its cold wallets in a controversial first for the industry.According to data from news and information resource Longhash released on Jan. 23, Coinbase’s cold wallets contained around 970,000 BTC ($8 billion) as of Jan. 1.Coinbase weeks away from 1 million BTCIf current…

HTX recovers from devastating $30M hack, Hong Kong plagued by crypto exchange scandals, e-CNY gains adoption from foreign banks, and more. by Zhiyuan Sun 4 min November 30, 2023 Share Share Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments. Yet another crypto scandal in Hong Kong  Scammers

A flaw in the bridge could have allowed an attacker to produce fake token transfers, but it was discovered and patched before anyone could take advantage of it.

The grants program will be distributed to developers over the next 12 months via 1INCH tokens. 354 Total views 2 Total shares 1inch Foundation, the non-profit organization of the 1inch decentralized exchange aggregator, has earmarked $3 million to fund new protocol upgrades as part of a grants program targeting developers. Over the next 12 months, 1inch…

Janet Adams, the COO of SingularityNET, said that AGIs falling into the hands of military could pose existential threats to humanity. 259 Total views 4 Total shares While the development of artificial general intelligence (AGI) comes with a truckload of benefits, it also comes with massive risks if the technology falls into the wrong hands.