Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers
The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance.
Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments
Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations.
‘Smart Money’ Is Record Long on BTC Ahead of Expected Bitcoin ETF
Bullish bets by institutional investors and knowledgeable market participants have reached an all-time high on the CME, data tracked by MacroMicro show.
Barry Silbert Resigns as Grayscale Chairman, to Be Replaced by Mark Shifke
Shifke is the CFO of Silbert’s Digital Currency Group, Grayscale said in an SEC filing.
Metis Surges 50% as Ecosystem Projects Eye $360M in Grant Rewards
Some liquidity pools built on the Metis network are offering as much as 200% in annualized fee rewards to users.
Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack
Payments through bank accounts are still awaited.
Telcoin Suffers Apparent $1.2M Exploit Related to Polygon Wallet Implementation; TEL Drops 40%
Affected user balances will be restored as no private keys were stolen in the exploit, developers said on X.
Bitcoin’s Share in Crypto Futures Trading Slides as Altcoin Profits Allure Traders
Bitcoin’s dominance by futures open interest has declined to 38% from nearly 50% two months ago.
Japan’s Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains
Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry’s development, which it sees as a pillar of economic reform.
Solana (SOL) Rallies Past $100, Continuing Torrid Month
Memecoin traders and airdrop farmers are bringing more attention to Solana.