HTX Exchange Sees $258M in Outflows Following $30M Exploit
Following the $30 million exploit on November 22, crypto investors have transferred their holdings away from the HTX crypto exchange, resulting in a $258 million outflow. The exchange experienced net outflows of approximately $258 million between November 25, when HTX resumed operations, and December 10, according to data from DefiLlama . According to data from […]
Google Policy to Allow Ads for US-based Crypto Trusts
Google has revised its advertising policy regarding cryptocurrencies to permit advertisements for US-based-crypto trusts beginning at the end of January, coinciding with the anticipated approval of spot Bitcoin exchange-traded funds (ETFs). In a policy change log dated December 6, Google stated that its ad policy for cryptocurrencies and associated products will be revised on January […]
Taiwan Central Bank Concludes Wholesale CBDC Study
The Central Bank of Taiwan has concluded a feasibility study regarding introducing wholesale central bank digital currency (CBDC) and is further deliberating on the matter. The central bank will continue to work on platform design while soliciting input from academicians and business professionals, Deputy Governor Mei-lie Chu stated on December 7. Chu described Banking 4.0, […]
NFT Trading Volume Reportedly Reaches $1B in Crypto Market Bull Run
Nonfungible token (NFT) trading has begun to follow the bullish trend in cryptocurrency markets, with a volume approaching $1 billion in November, according to data from the dApp monitoring platform DappRadar. According to the report, the NFT sector maintained upward momentum for the second month. In November, trading volume increased by 125%, indicating a change […]
BBVA Switzerland to Migrate its Crypto Custody Service to Harmonize
BBVA Switzerland, the Swiss branch of one of the largest Spanish banks, has announced that it will utilize the Harmonize platform from Ripple-owned technology company Metaco to store cryptocurrency for institutional investors. BBVA, which has been a custody provider for Bitcoin and Ether since 2021, migrated its infrastructure to Harmonize on December 7 to increase […]