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Hong Kong Cracks Down on Fake Crypto Exchange Allegedly Linked to Elon Musk


The Hong Kong Securities and Futures Commission (SFC) has warned the public regarding Quantum AI, an entity allegedly engaged in fraudulent activities related to virtual assets and deceiving the public by impersonating Elon Musk. The post Hong Kong Cracks Down on Fake Crypto Exchange Allegedly...

Circle’s USDC Stablecoin Surpasses Tether’s USDT in Transaction Volume


In the stablecoin market, Circle's USDC stablecoin made history by outpacing Tether's USDT in terms of transaction volume. This was based on information made public by Visa on April 29 as a result of their collaboration with Allium Labs. The post Circle’s USDC Stablecoin Surpasses Tether’s USDT...

SEC Initiates Consultations on Rule Change for Bitcoin Trading Options


The SEC has initiated a new phase of discussions regarding a proposed rule alteration for the trading of options on Bitcoin exchange-traded funds (ETFs) while also inviting public input on the matter. The post SEC Initiates Consultations on Rule Change for Bitcoin Trading Options appeared first...

Chile Edging Closer to CBDC Launch


Chile is tentatively moving toward the launch of a CBDC, with the public seemingly firmly behind the central bank’s plans. The post Chile Edging Closer to CBDC Launch appeared first on Cryptonews

Maison Margiela Launches Public Mint For MetaTABI NFT Collection


Iconic Paris fashion house Maison Margiela is diving further into the Web3 fashion industry with the launch of its new NFT MetaTABI collection, the company announced Wednesday. News of the launch follows the company's first foray into the world of Web3 after it unveiled its "blockchain bingo" game...

Reserve Bank of Fiji Says Crypto Not Recognised as Legal Tender


The central bank of the Pacific island country of Fiji has released a note to the public cautioning that investment in cryptocurrencies and virtual assets such as Bitcoin, Ethereum, Tether are not recognised as legal tender in the country. The post Reserve Bank of Fiji Says Crypto Not Recognised...

OKX and Polygon Collaborate to Launch X Layer Public Mainnet


OKX, in partnership with Polygon, has launched the X Layer public mainnet, a new ZK Layer-2 solution designed to enhance Ethereum-based transactions for OKX’s 50 million users. The post OKX and Polygon Collaborate to Launch X Layer Public Mainnet appeared first on Cryptonews

Union Labs Partners with Lava, Introduces $100K Incentivized RPC Campaign


Union Labs collaborates with Lava to launch an incentivized public RPC campaign, offering $100,000 in token rewards to encourage community participation and network growth. The post Union Labs Partners with Lava, Introduces $100K Incentivized RPC Campaign appeared first on Cryptonews

UPCX Wallet launching public testnet to redefine crypto payment


UPCX Wallet recently announced the release of a series of new features, setting the stage for its public testnet launch. With the new testnet, the platform will introduce a set of intuitive tools. The tools include browser extensions, performance monitoring tools, a blockchain explorer, and mobile...

Philippines SEC Says eToro Unauthorized to Sell Securities


The Securities and Exchange Commission (SEC) in the Philippines said the retail trading platform eToro is unauthorized to sell or offer securities to the public in the Philippines. The post Philippines SEC Says eToro Unauthorized to Sell Securities appeared first on Cryptonews

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