Crypto News

HKMA Reveals Participants for Stablecoin Issuer Sandbox

The Hong Kong Monetary Authority (HKMA) has announced the participants of its stablecoin issuer sandbox, fostering the development of Hong Kong's stablecoin ecosystem. (Read More)Source link

Indian Crypto Exchange Hack Sends SHIB, WRX Tumbling as Bitcoin, Tether Trade at Massive Discount

Most coins, including market leader bitcoin and USDT, are trading at a significant discount on WazirX.Source link

Crypto Exchange WazirX Hit With ‘Security Breach,’ $235 Million Moved

Indian crypto exchange WazirX has paused rupee and crypto withdrawals after one of its multisig wallets was breached.Source link

OKX Ventures Backs zkLink to Enhance Liquidity with Aggregated Rollups

OKX Ventures has invested in zkLink, aiming to unify liquidity across various blockchain ecosystems with its Aggregated Layer 3 zkEVM network. (Read More)Source link

Hong Kong Monetary Authority Proposes Rules for ‘Fiat-Referenced’ Stablecoins

The proposed rules would require a physical presence in Hong Kong, reserves to be kept at Hong Kong banks, and prohibit paying interest to holders.Source link