Blockchain.news

Hong Kong Monetary Authority Sets Regulatory Standards for Tokenized Products

The Hong Kong Monetary Authority (HKMA) has released a circular outlining regulatory standards for institutions selling and distributing tokenized products, aiming to promote innovation, ensure consumer and investor protection, and promote due diligence, transparency, and risk management. (Read More)Source link

Mask Network (MASK) Bonfire Union Achieves $100 Million Milestone

Mask Network launches $100 million fund under Bonfire Union, supporting decentralized social networks and infrastructure, driving Web3 innovation, and contributing to Mastodon and Web3 education through $10 million builder initiative. (Read More)Source link

Digital Assets Soar to $67 Billion, Avalanche (AVAL), Polygon (MATIC) and Chainlink (LINK) Gain Momentum

Digital asset investment products saw record-breaking inflows of $2.45 billion, raising total assets under management to $67 billion, with Bitcoin dominating, benefiting major players like Avalanche, Polygon and Chainlink. (Read More)Source link

FTX/Alameda’s Crypto Portfolio Valued at $1.19 Billio

Lookonchain's analysis outlines the $1.19 billion worth of cryptocurrency holdings by bankrupt FTX/Alameda, with the FTT token leading at $482.98 million. As the crypto market experiences a bull run, these holdings, including BTC and ETH, could significantly influence the bankruptcy outcome. (Read More)Source link

China Alerts on Foreign Mapping Firms Using Crypto Rewards for Sensitive Data Collection

The Chinese Ministry of State Security issues a warning about foreign mapping companies using cryptocurrency rewards to encourage unauthorized sensitive geographical data collection in China, posing a threat to national security. (Read More)Source link