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HKMA Releases Q1 2024 Statistics on Stored Value Facilities Schemes

HKMA Releases Q1 2024 Statistics on Stored Value Facilities Schemes

The Hong Kong Monetary Authority (HKMA) published its Q1 2024 statistics on Stored Value Facilities (SVF) schemes, revealing significant growth in SVF accounts and transaction values.

Ethereum Stored on Crypto Exchanges Sinks to a Two-Year Low, What This Means for ETH

Ethereum Stored on Crypto Exchanges Sinks to a Two-Year Low, What This Means for ETH

On-chain analytics provider Santiment has shared data showing that Ethereum(ETH) held on crypto exchanges stands at 13.35% of its total circulation supply.

Kraken’s Subsidiary Becomes the First Licensed Derivatives Platform to Offer Leveraged Crypto in the EU

Kraken’s Subsidiary Becomes the First Licensed Derivatives Platform to Offer Leveraged Crypto in the EU

Kraken Futures, a subsidiary of Kraken, also known as Crypto Facilities has announced it had been granted a Multilateral Trading Facility (MTF) license from the United Kingdom’s Financial Conduct Authority (FCA).

Switzerland’s New Regulations for Blockchain And DLT Trading Facilities Usher In A New Era Of Clearer And Lighter Regulatory Regimes

Switzerland’s New Regulations for Blockchain And DLT Trading Facilities Usher In A New Era Of Clearer And Lighter Regulatory Regimes

A short article piece submitted by Christoph Besmer, Trade Commissioner, Investment Promotion Switzerland.

DeFi Keeps Surging with Decentralized Finance’s Total Locked in Value at over $9 Billion

DeFi Keeps Surging with Decentralized Finance’s Total Locked in Value at over $9 Billion

DeFi's value keeps surging with Decentralized Finance’s locked in value now at over $9 Billion

Bitcoin Inches Closer to a Market Value of $1 Trillion

Bitcoin Inches Closer to a Market Value of $1 Trillion

Bitcoin is making notable strides because its current bull run has resulted in its market value being a stone’s throw away from the $1 trillion mark.

DeFi Reaches Record High of $13.7 Billion in Total Value Locked

DeFi Reaches Record High of $13.7 Billion in Total Value Locked

The decentralized finance sector has reached a new all-time high of $13.69 billion in total value locked (TVL).

UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility

UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility

London-based Argo Blockchain has joined an increasing number of firms seeking to construct crypto mining facilities in Texas, US.

Total Value of Ethereum in ETH 2.0 Tops 3 Million Ether

Total Value of Ethereum in ETH 2.0 Tops 3 Million Ether

The total value of Ethereum locked in Ethereum 2.0 tops 3 million Ether and currently pegged at 3,000,034 ETH.

Total Value Locked in DeFi Hits $30 Billion as Positive Sentiment Surrounds Cryptocurrency Market

Total Value Locked in DeFi Hits $30 Billion as Positive Sentiment Surrounds Cryptocurrency Market

The Total Value Locked (TVL) in DeFi has topped a new all-time high at $30 billion.

Ethereum to See $1 Trillion in Real Value Transfers This Year, Eclipsing PayPal as Institutional Interest Rises

Ethereum to See $1 Trillion in Real Value Transfers This Year, Eclipsing PayPal as Institutional Interest Rises

Ethereum will process more than $1 trillion in real value transfers this year, surpassing PayPal.

Ripple Unlocks 1 Billion XRP From Escrow, XRP Trades Heavy As US Dollar Loses Value

Ripple Unlocks 1 Billion XRP From Escrow, XRP Trades Heavy As US Dollar Loses Value

Ripple has unlocked 1 billion XRP tokens and is being heavily traded as the US dollar continues to lose value.

Cyberport: The Key Indicators for Startup Success in the FinTech and Blockchain Industry

Cyberport: The Key Indicators for Startup Success in the FinTech and Blockchain Industry

Backed by the Hong Kong Special Administrative Region (HKSAR), Cyberport has the vision to be the hub for digital technology for Hong Kong. With its headquarters located in the south of Hong Kong Island, Cyberport is spearheading Hong Kong’s FinTech development. Blockchain.News met with Charles Lam, the senior manager of the FinTech and Blockchain Cluster at Cyberport; he explained to us the current FinTech and blockchain ecosystem in Cyberport and how it connects to the global FinTech network.

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