HTX Temporarily Suspends Proof-Of-Reserves
HTX, a cryptocurrency exchange that was once known as Huobi, abruptly disabled its proof-of-reserves function. Popular fintech analyst Adam Cochran , Managing Partner at Cinneamhain Ventures, made this statement. This comes at the same time as the stablecoin TrueUSD (TUSD), which has been connected to HTX shareholder Justin Sun, has reportedly been having trouble maintaining […]
Coinbase Introduces Embedded Wallet Service
Coinbase introduces a new generation of wallet-as-a-service, Coinbase Embedded Wallets, empowering developers to create non-custodial wallets. In accordance with the platform’s announcement on January 23, the embedded wallet service would enable developers to create non-custodial cryptocurrency wallets. It will be an enterprise-grade solution built on Coinbase’s Wallet-as-a-Service technology . “Secured by advanced MPC technology from […]
HashKey to Launch Three Indexes Tracking Digital Assets
FTSE Russell and Hong Kong-based digital asset fund manager HashKey Capital have released three cryptocurrency indices. The Straight Times claims that HashKey Capital and FTSE Russell, a London Stock Exchange (LSEG) division, aims to facilitate traders’ ability to monitor numerous assets at once. Indices follow the market size, applications, and infrastructure of cryptocurrencies. They are […]
Taurus Receives FINMA Approval for Retail Tokenized Securities
With regulatory authority, retail consumers can now trade tokenized securities through Taurus, a Swiss fintech company backed by Deutsche Bank. Switzerland’s Financial Market Supervisory Authority (FINMA) has recently permitted the company to sell tokenized securities to retail customers. Through Taurus’s regulated platform, retail users can now trade tokenized securities and engage in capital raises. The […]
OKX Pledges to Compensate Users After Exchange Token Flash Crash
This week, the cryptocurrency exchange OKX saw a lot of market volatility as the value of its native token, OKB, dropped by around 50% quickly. In addition to announcing a thorough internal plan to address current problems, OKX has notified its 393,100 followers on X that it will reimburse its consumers for any further losses […]