Hong Kong Mulls More Digital Green Bond Sales Amid Hub Push
Hong Kong reportedly hired a group of banks to assist in establishing a digital hub for issuing green bonds utilizing blockchain technology. According to a Bloomberg article, the city is reportedly in discussions to form a group that will investigate the viability of issuing multi-series fixed-rate digital green bonds with HSBC, Credit Agricole, Bank of […]
Nirvana Finance Hacker Pleads Guilty, Agrees to Return $12.3m
Senior security engineer Shakib Ahmed acknowledged breaking into another anonymous, decentralized exchange (DEX) and the Nirvana Finance protocol. As per the statement, Ahmed consented to reimburse $12.3 million that was acquired due to the exploit and furnish $5.07 million in recompense. According to the U.S. Attorney’s Office, Ahmed stole money from an unidentified Solana-based exchange […]
BlackRock, SEC Engage in Fourth Round of Talks Over Bitcoin ETF
BlackRock and the SEC convene for a fourth meeting on the Spot Bitcoin ETF, sparking excitement as a decision looms. Unlike past sessions, there were no presentations, according to Bloomberg Intelligence analyst James Seyffart. Seyffart informs the community in a follow-up discussion on X that Hashdex, a different company in the battle for a spot […]
Binance Announces Removal of Major Liquidity Pools
Crypto exchange Binance removing key liquidity pools including Polygon (MATIC), Solana (SOL), Tron (TRX), and Shiba Inu (SHIB). The exchange announced via a blog post that it would be eliminating several liquidity pools from Binance Liquid Swap, its swap service. Binance describes the measure as part of a regular review process aimed at “concentrating liquidity, […]
Bitget to Introduce Mandatory KYC Requirements
Bitget, the world’s 10th largest cryptocurrency exchange, is implementing comprehensive Know Your Customer (KYC) requirements for all English-speaking users. With effect from December 15, the security-enhancing measure complies with all applicable regulations to guarantee platform compliance. Bitget is executing its KYC procedures in two layers in response to customer requests and the demand for flexibility. […]