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    Hong Kong warns that crypto firms are not “banks”

    Hong Kong warns that crypto firms are not “banks”

    Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks can take “deposits.” Using terms such as digital bank, crypto bank and crypto asset bank contravenes the Banking Ordinance. The Hong Kong...
    Crypto price prediction: tomiNet, VeChain, XDC Network

    Crypto price prediction: tomiNet, VeChain, XDC Network

    Cryptocurrency prices had a good performance this week as Bitcoin rose to $26,000. tomiNet was one of the best-performing tokens as it jumped to a record high. VeChain price soared after being listed by Coinbase. Cryptocurrency prices had a relatively good week as...
    crypto exchange Remitano hacked for over $2.7 million

    crypto exchange Remitano hacked for over $2.7 million

    A suspicious transaction involving $2.7 million was flagged at Remitano. Tether has frozen an address believed to be associated with the attacker. The transaction was flagged by Cyvers Alerts, a platform that offers real-time security alerts. Some suspicious...
    Japan’s to allow startups raise funds using crypto

    Japan’s to allow startups raise funds using crypto

    Japan eyes support for crypto startups in new regulation on startup financing. According to reports, the new rules means startups can raise funds from investors by offering stocks and crypto. Japan is looking to relax restrictions on how startups raise funds with a...
    FTX could be “sell the rumor, buy the news” for SOL

    FTX could be “sell the rumor, buy the news” for SOL

    Solana is one of the cryptocurrencies to struggle the most in the market since FTX imploded in 2022. FTX liquidators have approval to liquidate $3.4 billion worth of crypto assets. The collapsed exchange holds $1.2 billion in SOL, Solana’s native token. The native...
    Why new meme cryptocurrency has won the hearts of investors?

    Why new meme cryptocurrency has won the hearts of investors?

    Shiba Memu’s presale has raised over $2.85 million in its presale on solid demand. The price of the tokens in presale increases every day at 6 PM GMT Shiba Memu could rise 50x, reinforced by its popularity and meme token trends Buying meme cryptocurrencies might not...
    Bitcoin price bounce sees profit taking hit 2-month high

    Bitcoin price bounce sees profit taking hit 2-month high

    Bitcoin rose to highs above $26,800 on Thursday, before profit taking pushed kicked in to see it trade lower. An analyst says price below the 200-week MA represents buying opportunity. Meanwhile, address activity remains high, with 1.1 million BTC send or received...
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