Coinbase to Address Ethereum Client Diversity Woes
The cryptocurrency exchange Coinbase has revealed that it intends to expand the infrastructure supporting its Ethereum execution client. The move made by Coinbase was prompted by Geth (go-ethereum) ‘s growing dominance in the ecosystem, which has caused disagreement among stakeholders and industry professionals. The firm revealed the plan in an X post on January 23. […]
Hong Kong to Reportedly Debut Spot Crypto ETFs by Mid-Year
The first spot exchange-traded funds (ETFs) could be introduced in Hong Kong as early as the middle of this year. According to local media, the government may soon introduce exchange-traded funds, citing comments made by Gary Tiu , chief executive and head of regulatory relations at OSL, a cryptocurrency exchange permitted in Hong Kong. Thanks […]
Virginia State Senate Introduces Cryptocurrency Rights Bill
A bill concerning the transactions and mining of digital assets, as well as how they are taxed, has been introduced by the Virginia State Senate. The 34-year-old senator Saddam Azlan Salim’s Jan. 9 proposal, Senate Bill No. 339 (SB 339), is presently being discussed in the Senate. If accepted, it will go to the House […]
Uranium Finance Hacker Transfers $2.5m BUSD
Using Li.fi, the attacker from Uranium Finance moved 2.5 million BUSD from the BNB chain to Ethereum (ETH). Using the DEX aggregator Li.fi protocol, 2.5 million BUSD were transferred from the BNB Chain to Ethereum on January 22, according to the on-chain analytics platform PeckShield Alert. Assets were converted into 812 ETH and around $500,000 […]
Hong Kong Firm VSFG Aims for Spot Bitcoin ETF Launch in Q1
Venture Smart Financial Holdings Limited, a financial services firm based in Hong Kong, is set to introduce its spot Bitcoin exchange-traded fund (ETF) in the city in Q1. Brian Chan, the group head of investment and product at Venture Smart Financial , shared in an interview with Bloomberg that the company aims to accumulate up […]