South Korean crypto exchanges, under the Digital Asset Exchange Alliance (DAXA), have unveiled new guidelines seeking to avert mass delistings ahead of upcoming legislation aimed at curbing market manipulation. The guidelines standardize criteria for supporting and terminating digital asset trading on exchange platforms, DAXA said in a statement on Tuesday. Some 1,333 existing digital assets will be reviewed over six…
Bitcoin is coming full circle to remove any trace of last weekend’s BTC price run-up, and liquidity is waiting below $60,000. Source: https://cointelegraph.com/news/bitcoin-gives-up-late-june-gains-warning-60k
Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong University of Science and Technology (HKUST), criticized China’s cryptocurrency mining ban during a panel discussion in Hong Kong last week. He called the decision “very unwise” because it shifted businesses to the U.S., boosting American […] Source: https://news.bitcoin.com/hong-kong-professor-chinas-crypto-mining-ban-shifts-businesses-to-us/
Galaxy Digital’s head of asset management, Steve Kurz, is confident that Ethereum ETFs will be approved within the month. Source: https://cointelegraph.com/news/ethereum-etfs-window-dressing-stage-approval-weeks-galaxy-digital
The partnership will make the Net Asset Value of Fidelity’s $6.9 billion Institutional Liquidity Fund accessible onchain in real time. Source: https://cointelegraph.com/news/chainlink-fidelity-partner-to-bring-nav-data-onchain
South Korea’s incoming crypto investor protection laws will see local exchanges review over 1,300 listed tokens over the next six months. Source: https://cointelegraph.com/news/south-korea-mass-crypto-delistings-unlikely-crypto-group
CleanSpark’s CEO Zach Bradford said his firm was setting its sights on increasing future hash rate instead of branching out to alternative revenue streams. Source: https://cointelegraph.com/news/bitcoin-miner-cleanspark-increases-btc-production-june
An unfortunate user has been drained of their non-fungible tokens, worth hundreds of thousands of dollars, in a sophisticated phishing scam on the Blur marketplace. The loss, reported by 0xQuit on X, formerly Twitter, involved six Bored Ape Yacht Club NFTs, 40 Beanz, and three Elementals, all listed at one wei each — effectively zero. Based on current floor prices…
The Bahamas, the first country to issue a central bank digital currency (CBDC) called the Sand Dollar, is preparing regulations to mandate commercial banks to provide access to the e-money to boost adoption. Central Bank Governor John Rolle indicated that these regulations would be implemented within two years. “We’ve begun to signal that to our […] Source: https://news.bitcoin.com/bahamas-to-mandate-banks-to-distribute-central-bank-digital-currency/
Sony Group, the Japanese multinational conglomerate, will enter the cryptocurrency trading services business through its newly revamped S.BLOX subsidiary. The company, previously known as Amber Group, operated a cryptocurrency exchange called “Whalefin,” which will be renewed with the release of a new app, new functions, and support for more cryptocurrency assets. Sonny Group to Dabble […] Source: https://news.bitcoin.com/sony-group-to-enter-the-cryptocurrency-trading-business-through-s-bloxs-whalefin/
