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BitcoinBeginnerTron founder Justin Sun, who is an HTX adviser and owns significant assets on the exchange, took to X on May 27 to announce that the global HTX exchange had surpassed Coinbase in spot trading volume for the first time. According to data from CoinGecko, HTX currently handles around $2.4 billion in…
#coinbase#crypto#wallets
GeneralBeginnerSouth Korean crypto exchange Gopax, a major player in the region and majority-owned by Binance, has come under fire for reportedly selling its users’ claims against failed crypto lender Genesis Global at a significant discount. The Situation The Controversy Impact and Implications Uncertainties…
#binance#crypto#south-korea
AptosBeginnerThe layer-1 blockchain platform Aptos, developed by former Facebook employees, has achieved a new milestone in user transactions. On May 25th, it surpassed industry giants like Solana by recording a staggering 115.4 million transactions in a single day. This shatters the previous record held by…
#crypto#decentralization#tokens
BitcoinBeginnerCryptocurrency markets are bracing for a potential shakeup as $2.7 billion worth of Bitcoin (BTC) and Ether (ETH) options contracts are set to expire on Friday. This expiry event, closely watched by traders, could influence the price movements of both digital assets in the coming days. The options…
#crypto
GeneralBeginnerThe FBI has arrested the alleged owner of a major dark web marketplace in New York. This arrest underscores the FBI’s growing ability to trace cryptocurrency transactions, a tactic that has traditionally proven challenging for authorities due to the anonymity associated with some cryptocurrencies.…
#crypto#marketplace#new-york
BitcoinBeginnerOklahoma has become the first state in the US to legally guarantee residents the right to self-custody their Bitcoin and other digital assets. Governor Kevin Stitt signed House Bill 3594 (HB3594) into law in May 2024, making Oklahoma a pioneer in cryptocurrency regulation.This new law protects…
#crypto
GeneralBeginnerVenture capitalists (VCs) specializing in blockchain and digital assets are making a comeback. Funding rounds for crypto projects are on the rise, though they haven’t yet reached the record highs witnessed during the previous bull market. This renewed interest from VCs reflects optimism in the…
#crypto#marketplace#venture-capital
GeneralBeginnerHong Kong’s pilot program for the digital yuan, China’s central bank digital currency (e-CNY), has launched, marking a significant step in the international exploration of CBDCs. However, a key limitation has emerged: the e-CNY wallets currently offered in Hong Kong lack person-to-person (P2P)…
#china#crypto#hong-kong
BitcoinBeginnerIn a move that could significantly impact the Turkish cryptocurrency market, the government has proposed aligning its crypto regulations with international standards. This proposal comes after a period of uncertainty for crypto businesses operating in Turkey, marked by restrictions and warnings…
#crypto#government
EthereumBeginnerShibaSwap, the decentralized exchange (DEX) cornerstone of the Shiba Inu ecosystem, has undergone a significant upgrade and migrated from the Ethereum blockchain to its own dedicated network, Shibarium. This move promises a wider array of functionalities and potential benefits for users. The…
#crypto#dex#layer-2
BitcoinBeginnerCryptocurrency exchange Binance has taken a step to combat address poisoning scams with the development of a new algorithm. This move comes after a significant exploit that resulted in roughly $68 million in stolen funds. Address poisoning, also known as spoofing, is a deceptive tactic employed by…
#crypto#defi#scam
