By Anjali Kochhar In July, the cryptocurrency sector faced a staggering $266 million in losses due to 16 separate hacking incidents, with Indian exchange WazirX suffering the most significant blow. The hack, which occurred on July 18, resulted in WazirX losing over $230 million—accounting for 86.4% of the total crypto losses for the month. The […]
By Sharan Kaur Phillora Futu Securities, Hong Kong’s largest online brokerage, has officially launched Bitcoin and Ethereum trading for its 22 million users, marking a milestone in the city’s push to become a global cryptocurrency hub. This makes Futu the first brokerage in Hong Kong to directly offer Bitcoin and Ether trading to retail investors. […]
By Sharan Kaur Phillora Hong Kong is considering the establishment of a strategic Bitcoin reserve, a decision that could significantly alter the global financial landscape. This proposal comes in response to increasing global acceptance of Bitcoin as a valuable asset and follows a similar suggestion by former U.S. President Donald Trump, who has vowed to […]
By Tsering Namgyal Bitwise’s general counsel Katherine Dowling believes that Congress will prioritize stablecoins among other crypto issues. “The first Congressional focus point will no doubt be stablecoins,” Dowling told Blockworks. Here is what we know so far Pointing to the bipartisan bill that lawmakers failed to pass last session, the time has come for […]
