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Category: Uncategorized

Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers

Posted on December 27, 2023 by American Coins & Gold

Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers
The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance.

Posted in Uncategorized

Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments

Posted on December 27, 2023 by American Coins & Gold

Long Crypto Traders See 0M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments
Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations.

Posted in Uncategorized

'Smart Money' is Record Long on BTC Ahead of Expected Bitcoin ETF

Posted on December 27, 2023 by American Coins & Gold

'Smart Money' is Record Long on BTC Ahead of Expected Bitcoin ETF
Bullish bets by institutional investors and knowledgeable market participants have reached an all-time high on the CME, data tracked by MacroMicro show.

Posted in Uncategorized

Barry Silbert Resigns as Grayscale Chairman, to Be Replaced by Mark Shifke

Posted on December 26, 2023 by American Coins & Gold

Barry Silbert Resigns as Grayscale Chairman, to Be Replaced by Mark Shifke
Shifke is the CFO of Silbert’s Digital Currency Group and will take over Jan. 1, Grayscale said in an SEC filing.

Posted in Uncategorized

Metis Surges 50% as Ecosystem Projects Eye $360M in Grant Rewards

Posted on December 26, 2023 by American Coins & Gold

Metis Surges 50% as Ecosystem Projects Eye 0M in Grant Rewards
Some liquidity pools built on the Metis network are offering as much as 200% in annualized fee rewards to users.

Posted in Uncategorized

Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack

Posted on December 26, 2023 by American Coins & Gold

Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack
Payments through bank accounts are still awaited.

Posted in Uncategorized

Telcoin Suffers Apparent $1.2M Exploit Related to Polygon Wallet Implementation; TEL Drops 40%

Posted on December 26, 2023 by American Coins & Gold

Telcoin Suffers Apparent .2M Exploit Related to Polygon Wallet Implementation; TEL Drops 40%
Affected user balances will be restored as no private keys were stolen in the exploit, developers said on X.

Posted in Uncategorized

Telcoin Suffers Apparent $1.2M Exploit Related to Wallet Implementation on Polygon; TEL Drops 40%

Posted on December 26, 2023 by American Coins & Gold

Telcoin Suffers Apparent .2M Exploit Related to Wallet Implementation on Polygon; TEL Drops 40%
Affected user balances will be restored as no private keys were stolen in the exploit, developers said on X.

Posted in Uncategorized

Bitcoin's Share in Crypto Futures Trading Slides as Altcoin Profits Allure Traders

Posted on December 26, 2023 by American Coins & Gold

Bitcoin's Share in Crypto Futures Trading Slides as Altcoin Profits Allure Traders
Bitcoin’s dominance by futures open interest has declined to 38% from nearly 50% two months ago.

Posted in Uncategorized

Japan's Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains

Posted on December 25, 2023 by American Coins & Gold

Japan's Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains
Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry’s development, which it sees as a pillar of economic reform.

Posted in Uncategorized

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