The HKMA has initiated Phase 2 of the e-HKD pilot program, focusing on digital currency tokenization and programmability. The Hong Kong Monetary Authority (HKMA) has announced the start of Phase 2 of the e-HKD pilot program, marking a significant step forward in the exploration and potential adoption of Hong Kong’s central bank digital currency (CBDC). … Read more
Hong Kong’s SFC has issued a public warning against unlicensed virtual asset trading platform Bybit, advising potential investors to exercise caution. Hong Kong’s Securities and Futures Commission (SFC) today issued a stark warning to the public about an unlicensed virtual asset trading platform (VATP) known as Bybit. The SFC advised potential investors to exercise caution … Read more
Bakkt Holdings, Inc. struggles with NYSE non-compliance notice due to share price below $1, mulls reverse stock split among measures to restore compliance. Bakkt Holdings, Inc., a prominent player in the cryptocurrency market, received a notice from the New York Stock Exchange (NYSE) on March 14, 2024 regarding non-compliance with the exchange’s minimum share price … Read more
Magic Eden introduces a cross-chain rewards program offering diamonds to Ethereum users for past activities. Magic Eden, a prominent player in the NFT market, has introduced a significant cross-chain rewards program. This initiative targets “Ethereum OGs” by allowing them to claim rewards for their NFT-related activities dating back to 2017. The program distributes “Diamonds”, a … Read more
Coin98 Super Wallet has partnered with JamboPhone, integrating its wallet into the device to drive Web3 adoption in emerging markets in Asia. Coin98 Super Wallet has announced a strategic partnership with Jambo, the innovative technology firm behind the JamboPhone, signaling a significant leap in Web3 accessibility in Asia. This collaboration brings together the comprehensive multi-chain … Read more
Binance is introducing a VIP promotion for margin trading offering up to 5000 USDT, Apple Vision Pro and exclusive invitations to events to increase trading volume. Binance, the global cryptocurrency exchange, has announced an enticing promotion for VIP margin trading aimed at incentivizing its regular and VIP users to increase their trading volume on the … Read more
SPACE ID collaborates with Polyhedra Network, launching .zk domains and improving Web3 interoperability with ZK proofs and community airdrops. SPACE ID announced an ecosystem partnership with Polyhedra Network to promote zk-SNARK interoperability and expose the .zk domain, marking a significant leap in decentralized identity solutions. This collaboration is set to push the utility of over … Read more
BNB Smart Chain introduces an upgrade to BEP 336, inspired by Ethereum’s EIP 4844, to optimize data storage and reduce transaction costs, preparing for increased network performance. The BNB Smart Chain (BSC) ecosystem is poised for a major leap forward with the announcement of its upcoming major upgrade, BEP 336. This new development is set … Read more
The Ethereum network takes a major leap in scalability with the completion of the “Major Aggregate Scaling” milestone, paving the way for verkle trees and history leaks. The Ethereum network has reached a critical milestone in its scalability roadmap with the successful implementation of “Basic Aggregate Scaling,” according to a post by Vitalik Buterin on … Read more
The U.S. Attorney’s Office in Chicago has seized approximately $1.4 million in Tether (USDT) related to an alleged tech support scam that primarily targeted elderly victims in the United States. The U.S. Attorney’s Office in Chicago announced the seizure of approximately $1.4 million in Tether (USDT), a cryptocurrency pegged to the U.S. dollar, in connection … Read more