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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Tarantino auctions seven uncut ‘Pulp Fiction’ scenes as NFTs
Director Quentin Tarantino announced he will auction seven uncut scenes from Pulp Fiction as non-fungible tokens.
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Thailand’s oldest bank acquires majority stake in crypto exchange Bitkub
Thailand’s oldest bank, Siam Commercial Bank, has acquired a majority stake in the country’s largest crypto exchange Bitkub. Fast facts Siam Commercial Bank Securities, a subsidiary of SCB, has purchased 51% stake in Bitkub for approximately US$535.6 million, according to an announcement on Tuesday. The transaction is expected to be completed by the first quarter…
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Biden administration report on stablecoins calls for laws to mitigate risks
The highly awaited report outlines recommendations for stablecoin regulation and asks regulatory bodies to combat risks until Congress introduces new laws.
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Back up Hong Kong: How blockchain has quietly become history’s hard drive
In a city where memories disappear every day, people are turning to blockchain to preserve news archives — so the first drafts of history will survive.
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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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Bitcoin mining difficulty recovers to May level
Bitcoin miners saw another mining difficulty adjustment on Monday, with an increase of 7.85%, recovering to the level recorded in May, according to data from BTC.com. Fast facts The mining difficulty level is now at 21.66 trillion at block height 707,616, reflecting the most difficult level since a previous adjustment on May 13, the data show. The latest…
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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…