Monthly archives: June 2023

The largest bank in Hong Kong is reportedly now allowing clients to trade Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). Crypto journalist Colin Wu reports that British multinational bank HSBC is now allowing BTC and ETH ETF trading on the Hong Kong exchange. “SCOOP: HSBC, the largest bank in Hong Kong, today allows its customers to …

Continue reading “Largest Bank in Hong Kong HSBC Launches Bitcoin and Ethereum ETF Trading Services for Clients: Report”

Generative AI leverages large data sets and sophisticated models to mimic human creativity and produce new images, music, text and more. Overview Join us on social networks Generative artificial intelligence (AI), fueled by advanced algorithms and massive data sets, empowers machines to create original content, revolutionizing fields such as art, music and storytelling. By learning …

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Tracing funds is highly challenging, according to the FTX Debtors’ second interim report, and there is no doubt that that was by design. News Join us on social networks FTX has recovered about $7 billion in liquid assets so far, and the search for additional assets is continuing, CEO John Ray said in the FTX …

Continue reading “FTX has recovered $7B in assets so far, has almost $2B to go to cover misappropriations”

Rep. Maxine Waters gave Janet Yellen and Gary Gensler a deadline of June 30 to respond to her requests on the “Digital Asset Market Structure” bill proposed by Republican lawmakers. News Join us on social networks California Rep. Maxine Waters, ranking member of the United States House Financial Services Committee, has called on leadership at …

Continue reading “US lawmaker calls for info from Treasury and SEC on crypto market structure bill”

Three trial use cases have been completed as part of the project, and the report uses them as a “framework for consideration” of financial market infrastructure. News Join us on social networks As asset tokenization continues at a rapid pace, the Monetary Authority of Singapore (MAS) and 11 financial institutions examined infrastructure models to facilitate …

Continue reading “Singapore central bank reports on tokenized asset network models after trials”

Tech titan Google is launching an artificial intelligence (AI) based anti-money laundering system after working with banking giant HSBC. According to a new statement by Google Cloud, the firm is launching a new system to help global financial institutions more efficiently detect money laundering. The product is designed to improve the traditional methods of countering …

Continue reading “Google Launches ‘Anti Money Laundering AI’ in Collaboration With Banking Giant HSBC”

June 26, 2023 – Istanbul, Turkey Metatime – the blockchain project building a complete Web 3.0 ecosystem that promises users full control over their finances, identity and assets – has announced its native ecosystem token Metatime Coin (MTC) will be listed for sale on the leading cryptocurrency exchange, Bybit. Alongside the listing, Metatime is pleased …

Continue reading “Metatime’s Native Token Metatime Coin Now Available To Trade on Bybit”

The Optimism layer-2 network saw less than 300,000 transactions per day around the time of the upgrade, but this number increased to over 500,000 afterward. News Join us on social networks Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade, according to a June 26 Twitter thread from blockchain analytics firm …

Continue reading “Optimism network transactions surged 67% following Bedrock upgrade — Nansen”

CoinShares’ latest weekly inflow report shows a substantial increase in investor appetite for digital asset investment products with Bitcoin leading the rally. News Join us on social networks A recent surge in activity surrounding exchange-traded funds has led to the largest weekly inflow for digital asset investment products since July 2022, according to a June …

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This latest report is a guide to help the next generation of cryptocurrency users and veterans alike in the ways of decentralized finance. Research Join us on social networks The cryptocurrency market saw an explosion of growth during the 2021 decentralized finance (DeFi) Summer and increased fear of missing out (FOMO), which drove prices of …

Continue reading “How to use DeFi the right way — This latest guide can help”

BTC price performance goes sideways, but Bitcoin bulls retain $30,000 as support after the weekly close. Market Update Join us on social networks Bitcoin (BTC) circled $30,500 at the June 26 Wall Street open as bulls held newfound support. BTC/USD 1-hour chart. Source: TradingView Bitcoin ETF hype puts demands on U.S. session Data from Cointelegraph …

Continue reading “Bitcoin surfs $30K as traders hope US trading will boost BTC price”