Futu Securities International, Hong Kong’s largest online broker with 21.64 million users, has launched retail cryptocurrency trading. Hong Kong residents can now trade bitcoin and ether in either Hong Kong or U.S. dollars directly through Futu’s platform. “We are actively working on expanding our crypto offerings in the near future,” the company said. Last month, […] Source: https://news.bitcoin.com/hong-kongs-largest-online-broker-launches-retail-crypto-trading-for-22-million-users/
The “makenowmeme” account on X purportedly provided a way for X users to create memecoins on Solana with a simple post. Source: https://cointelegraph.com/news/x-suspends-account-let-users-launch-memecoins-x-post?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pump.fun crypto memecoins that make it onto Raydium have fallen since February and have remained “stagnant” at around 1.41% for months. Source: https://cointelegraph.com/news/memecoins-pump-fun-99-percent-fail-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ether ETFs posted a net inflow of $28.5 million on Aug. 1, with inflows into BlackRock’s fund outpacing outflows from Grayscale’s Ethereum Trust. Source: https://cointelegraph.com/news/ethereum-etf-flows-positive-grayscale-ethe-outflows-top-2-billion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The surge in the total value locked and adoption of liquid restaking tokens increased from approximately $164.3 million in January to $13.812 billion by June 20, underscoring the growing trust in them. As was the case in January, Ether.fi remains dominant in the LRT market, accounting for approximately 50% of the total value locked, or […] Source: https://news.bitcoin.com/study-surge-in-popularity-of-liquid-restaking-token-protocols-driven-by-growing-user-trust/
Bybit said Thursday it will withdraw from the French market, citing “regulatory developments” as Europe’s long-awaited crypto legislation reshapes how companies and individuals should treat the asset class. From August 13, French users will be unable to transact on the exchange other than to withdraw any funds they already have in their account, Bybit said in a statement. Accounts are restricted…
The attack occurred around 3 am UTC on Aug. 1, leading Convergence’s native token CVG to plummet over 99%. Source: https://cointelegraph.com/news/defi-protocol-convergence-removed-code-leading-to-212k-hack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Bank of Ghana has recently launched a centralized online foreign exchange trading platform. This platform aims to enhance secure and efficient operations in the foreign exchange market. As of August 1, 2024, all licensed Foreign Exchange Bureaux are mandated to use this platform for buying and selling foreign currencies. The system will improve oversight […] Source: https://news.bitcoin.com/ghana-launches-centralized-online-foreign-exchange-trading-platform/
Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW) of power contracts. The Las Vegas-based company plans to add over 2 exahash per second (EH/s) to its mining capacity through a 30 MW immersion-cooled data center expected to be operational by the end of […] Source: https://news.bitcoin.com/bitcoin-miner-cleanspark-acquires-wyoming-mining-site/
Describing the allegations as “misinformation” — Coinbase chief legal officer Paul Grewal said Coinbase was exempt from certain campaign finance regulations as it is not a federal contractor. Source: https://cointelegraph.com/news/coinbase-refutes-accusation-campaign-finance-laws?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
