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Lackluster Performance for Hong Kong Bitcoin ETFs Since Launch


Since the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three ETFs accumulating around $228 million in net assets. Inconsistent Inflows and Outflows Mark Hong Kong Bitcoin ETFs’ First Weeks On Thursday, the spot bitcoin ETFs...

Synthetix stablecoin, sUSD, becoming more scalable and decentralized


sUSD, Synthetix’s stablecoin, is undergoing a critical phase in preparation for the V3 release, which will result in enhanced decentralization and upgradability. The previous V2x mechanism encouraged participation by minting the SNX token. It differs from the present version in that it brings...

Reddit Stock Price Jumps After OpenAI Data-Sharing Deal


Social media firm Reddit's stock rose 13.5% after a data-sharing deal with OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT. The post Reddit Stock Price Jumps After OpenAI Data-Sharing Deal appeared first on Cryptonews

SKUx and Visa partner to boost merchant and CPG digital transformation


SKUx inks an exclusive deal with Visa to expedite digital transformation for specific business houses and FMCG firms. These organizations employ SKUx’s payment-focused services to support a variety of consumer use cases. These include client intake, loyalty issues, and a whole lot more. SKUx...

SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems


SWIFT China President Wen Yang discusses the challenges and solutions for cross-border CBDC interoperability and initiatives to bridge the technological gaps between different CBDC systems. The post SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems appeared first on Cryptonews

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