Crypto News

CoinFLEX Creditors React to OPNX Closure: ‘They Have Left a Trail of Destruction’

"They think it's the greatest fun in the world," a CoinFLEX creditor told Decrypt. "But, OX.Fun is just the reincarnation of OPNX."Source link

Rollup Platform Dymension’s DYM Reaches $5.2B Valuation After Botched Start

As of Wednesday morning, validator “Big Brain Staking” holds over 35% of staked DYM tokens – attracting criticism from DYM holders for its large network influence.Source link

Hong Kong Chamber of Commerce Wants Chinese Yuan-Backed Stablecoin

The business advocacy organization suggested the issuance of yuan-backed stablecoins alongside the launch of a "Virtual Asset Connect Scheme."Source link

UK Extends Stablecoin Regulation Consultation Period, Seeks Inclusive Feedback

The Bank of England and the Financial Conduct Authority have extended the feedback deadline for stablecoin regulation to February 12, aiming for a comprehensive, inclusive regulatory framework. (Read More)Source link

Whales Grab $50M in Chainlink’s LINK as Price Climbs 40% in a Month

LINK is one of the year's top-performing tokens, driven largely by hype around the tokenization of real-world assets.Source link