Justin Sun: Huobi Could Have Hong Kong License in 6 to 12 Months
Crypto exchange Huobi could receive a crypto trading license in Hong Kong as soon as the end of the year, Huobi advisor and Tron founder Justin Sun said on CoinDesk TV on Friday.
Finance
Credit Suisse, Deutsche Bank-Backed Taurus Deploys on Polygon Blockchain
The Swiss firm aims to allow financial institutions and corporates to issue tokenized assets on the Ethereum layer 2 network.
U.S. Adds 339K Jobs in May, Blowing Through Estimates for 195K; Bitcoin Steady at $27K
Continued strong gains in monthly employment figures have added to the Fed’s case for rate hikes.
Sui Blockchain Signs Multiyear Deal With Red Bull Racing
Sui will roll out a series of digital experience for racing fans over the coming months.
Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M
CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.
Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%
Bankruptcy claims exchange OPNX has issued a new governance token that is designed to reduce trading fees on the platform.
Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure
Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March.
Binance Says ‘Reevaluating’ Roles After Report of Layoffs
The firm will “focus on talent densite” ahead of the next bull market, a spokersperson told CoinDesk.
PayPal Ventures Leads $52M Round for Crypto Firm Magic
The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel.
Crypto Infrastructure Firm Anoma Foundation Raises $25M
The Swiss non-profit oversees the Anoma blockchain architecture and the layer 1 blockchain Namada.