Hong Kong’s HashKey Postpones HSK Token Launch Due
HashKey, Hong Kong’s largest regulated cryptocurrency exchange, delayed the HSK token launch for “more favorable market conditions.” The company behind the Hong Kong-based cryptocurrency exchange, HashKey Group, has decided to delay the release of its HSK token, citing the general performance of the market as being “relatively subdued over the past three months.” Within an […]
Fairdesk Crypto Exchange Announces Permanent Closure
The 2021-founded cryptocurrency exchange Fairdesk in Singapore will shut down indefinitely on November 30. According to a business release, the decision was made regarding changing market conditions and regulatory developments. With a global customer base, Fairdesk established a reputation for providing futures trading, spot trading, and other cryptocurrency services. The company’s management has shut down […]
BitMEX Launches Automated Trading Bots for Crypto Trades
BitMEX, a cryptocurrency exchange, has launched automated trading bots that may be customized for various trading approaches. Seychelles-based cryptocurrency exchange BitMex is expanding its offerings with the launch of automated trading bots that enable users to implement customizable strategies for trading. BitMEX stated in a news release dated October 10 that the tool known as […]
Crypto Giants Team up to Launch Real-Pegged Stablecoin
Foxbit, Bitso, and Mercado Bitcoin, Brazil’s leading cryptocurrency exchanges, launched BRL1, the first Brazilian Real stablecoin. On October 8, Mercado Bitcoin, Foxbit, and Bitso will introduce a stablecoin tethered to the Brazilian Real, called BRL1, according to Brazilian media site Valor. Ethereum and Polygon will host the Brazil stablecoin, which is scheduled for release later […]
Bitwise Files Form S-1 for Bitwise XRP ETF
Bitwise has officially filed with the Securities and Exchange Commission, marking another step toward creating an XRP ETF. According to the regulator’s official website, Bitwise, the manager of a crypto index fund, filed a Form S-1 document with the U.S. SEC on October 2 for an exchange-traded fund called XRP. In a news release confirming […]