Eric Adams wants New York to have a cryptocurrency
NYC Mayor-elect Eric Adams said he wanted to ‘look at what’s preventing the growth of Bitcoins and cryptocurrency in our city.’
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Hong Kong Fintech Week’s live comeback talks digital renminbi and DeFi
One of Asia’s largest fintech events returns for its sixth year with a hybrid format of live and virtual sessions. Regulators, corporations and experts share what’s important now in crypto.
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Dogecoin, Shiba Inu are becoming crypto alpha dogs in India
Dogecoin and Shiba Inu are gaining massive traction and ranking among the top five traded cryptocurrencies on Indian exchanges. Fast facts Dogecoin contributed 13.76% to the overall trading volume of CoinSwitch Kuber, which claims to be the largest Indian crypto exchange with over 10 million customers, over the last six months, according to a report…
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Ethereum, Solana, Polkadot climb to new all-time price highs in altcoin rally
Ethereum crosses the $4,600 mark for the first time and Solana overtakes Cardano as the fifth-largest cryptocurrency by market value.
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Commonwealth Bank first in Australia to offer crypto trading
Amid debate in Australia surrounding the banking sector’s relationship with cryptocurrency, the country’s largest bank, Commonwealth Bank, will soon be allowing customers to buy, sell and hold crypto assets directly through its app — making it the first bank in the country to do so. Fast facts Partnering with leading global crypto exchange and custodian…
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CME expands crypto derivatives offerings with Micro Ether futures
The Chicago Mercantile Exchange is going to expand its crypto derivatives offerings and launch Micro Ether futures on Dec. 6, pending regulatory review. Fast facts Micro Ether futures will be sized at 1/10th of one Ether, allowing access to a wide range of investors amid surging Ether prices, according to a press release. Ether reached…
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BXH says its exploit, now estimated at $139M, came from admin key leakage
The hacked DeFi platform called China’s cyber police first thing as most users appear to be in China.
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Institutional inflows into crypto year-to-date 30% higher than 2020 total
Cryptocurrency investment products saw inflows of US$288 million last week, with total inflows year-to-date at a record of US$8.7 billion — 30% higher than the total for 2020, according to digital asset manager CoinShares. Fast facts Bitcoin continued to lead with institutional inflows of US$269 million last week, albeit at a significantly lower level compared…
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Another DeFi platform, BXH, suffers $130M exploit
This follows an attack on Cream Finance that also resulted in a $130M hack.