Crypto News

Hong Kong’s Central Bank Issues Guidance for Firms Offering Crypto Custodial Services

Hong Kong's central bank issued guidance for authorized institutions interested in providing custody services for digital assets.Source link

Ethereum Taps $3,000 Barrier Amid ETF Speculation and Upcoming Dencun Upgrade

The value of ethereum, the crypto market’s second-largest asset by market cap, eclipsed the $3,000 milestone on Tuesday, peaking at $3,014 per unit in the morning trading hours. Over the last week, ether has seen a 13.1% climb against the U.S. dollar, and over the preceding two weeks, it has surged 28%. Ether Hits Two-YearSource link

Ethereum Hits $3,000 For First Time Since April 2022

ETH hasn't been this high since the month before Terra collapsed.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

Deltec Bank Accused of Secretly Extending a $2 Billion Credit Line to Alameda Research

Deltec Bank and Trust Ltd, based in The Bahamas, stands accused of covertly extending a $2 billion line of credit to Alameda Research. A lawsuit, filed by those who claim to be victims of Sam Bankman-Fried, accused Deltec of granting a three-day grace period to Alameda Research for the settlement of purchased stablecoins. Misappropriation ofSource link