Chinese Crypto Pioneer Warns Hong Kong’s Crypto Hub Ambitions May Be Short-Lived

Crypto pioneer Bobby Lee, who established China’s first Bitcoin exchange and founded Ballet Global, a US-based crypto storage provider, cautioned that Hong Kong’s ambition to become a crypto hub might not be sustainable. In an interview with Bloomberg, he expressed concerns that Hong Kong could potentially reverse its stance on crypto within three to five […]

Could Ben.eth’s PSYOP tokens face legal scrutiny? It depends, say lawyers

Michael Kanovitz, a lawyer threatening to file a class action against Ben.eth, says the PSYOP scheme bear similarities to cases that have seen SEC enforcement.

Seven Major Local Companies Embracing Web3 Technology

Explore the story of how local companies embraced web3 and integrated blockchain, cryptocurrencies, and NFTs into their platforms. The post Seven Major Local Companies Embracing Web3 Technology appeared first on BitPinas.

Hong Kong and UAE central banks collab on crypto rules, fintech development

The two central banks are aiming to align their financial service sectors and said both share “many complementary strengths.”

Ethereum Price is Primed For a Rally And Only 1 Thing is Holding it Back

Ethereum price is correcting gains from the $1,920 resistance against the US Dollar. ETH could start a fresh rally if it clears the $1,920 and $1,930 resistance levels. Ethereum is still struggling to clear the $1,920 resistance zone. The price is trading above $1,880 and the 100-hourly Simple Moving Average. There is a crucial bullish […]

China – 1, USA – 0 in the crypto-regulatory battle? Maybe, but…

The correlation between BTC and Chinese equities has strengthened in 2023, in a sharp contrast to its falling correlation with U.S. equities.

TRON avoided $500M multisig vulnerability

Security researchers disclosed a vulnerability in the TRON blockchain on May 30 that previously put $500 million of crypto at risk. One signer could have accessed mulitisig accounts The 0d research team at dWallet labs said that a critical zero-day vulnerability in the TRON blockchain left multisig accounts open to theft. Multi-sig accounts must be […]

Blur’s Blend Surges Ahead of NFT Lending Powerhouse Platform

Within a month of launch, Blur’s Blend becomes a market leader in the NFT financing sector. Blend successfully facilitates 21,962 loans while achieving a phenomenal $171,948 in Ethereum volume. The platform draws in 1,526 borrowers, illustrating its popularity and user confidence. Blend, a recently established lending platform from Blur, has revolutionized the NFT lending industry. […]

China to gain most from restrictive US crypto regulations: Coinbase CEO

The Coinbase CEO has been hugely critical of the U.S.’s failure to provide the crypto industry with regulatory clarity, and has long argued it will push firms offshore.

Bitcoin Price Analysis: BTC Faces Key Resistance Near $28.5K

Bitcoin price started a fresh increase above the $27,500 zone against the US Dollar. The price is now trading above $27,400 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $28,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could […]