Hong Kong Crypto Exchange Licensing Insights
Major crypto exchanges @OKX, @Bybit_Official, and HTX have retracted their Hong Kong license applications due to strict regulations, including a ban on serving Mainland China users. #CryptoNews #HongKong
hodl.press
Explore the latest updates from hodl.press, a fresh news platform delivering unbiased, ad-free coverage of Bitcoin, blockchain, and the broader crypto world. At Voted.News, we condense hodl.press stories into concise, reader-friendly summaries, ensuring you get clean, reliable insights without the noise.
Base Network Creation: Jesse Pollak Reveals Details
Jesse Pollak (@pollak) unveils Base, a layer-2 solution for Ethereum. Expanded team from 3 to 250, hitting 2.27M transactions in March. Base scales Ethereum to 400 TPS. #Crypto #Updates
Roaring Kitty Banned from E*Trade Stock Trading
Keith Gill, aka Roaring Kitty, may face an E*Trade ban amid allegations of manipulating GameStop ($GME) stock, earning $85.5M. SEC and Massachusetts regulators are investigating. #StockMarket #Updates
Adopt Bitcoin as Secondary Currency for Economic Growth
Chamath Palihapitiya suggests nations adopt Bitcoin as a secondary currency, predicting $BTC could hit $500,000 by Oct 2025. Bitcoin’s 11% growth in May 2024 underscores its potential. #CryptoNews
$660 Million Tokens Unlocking in June
In June 2024, over $660M in tokens will be unlocked, impacting the crypto market. $APT, $ARB, $STRK, and $OP account for 55.4% of this value. #CryptoNews #Updates
Web3 and Blockchain Projects Raise $1B in May
Web3 and blockchain projects raised $1.08B in May. Farcaster & Bitdeer secured $150M each. Babylon raised $70M for Bitcoin staking. $xAI led with $6B. #Blockchain #AI #Updates
Ukraine Exposes Major Crypto Investment Scam
Kyiv Prosecutor’s Office busts a crypto scam targeting EU investors, arresting 14 suspects. 40+ searches, 136 devices, and 1000 SIM cards seized. Millions lost. #CryptoFraud #Updates
Bitcoin Investors Are Rational and Wise
New study by the University of Toronto shows Canadian Bitcoin investors are financially literate and emotionally stable, debunking stereotypes of being reckless. #Bitcoin #CryptoNews
Michael Saylor, MicroStrategy Fined $40M for Tax Evasion
Michael Saylor and @MicroStrategy agree to a $40M settlement with D.C. over unpaid taxes (2014-2022). This is the largest tax fraud case under the updated “False Claims Act.” #Crypto #TaxFraud
Bitcoin and Ethereum Price Predictions by Experts
Bitcoin surges past $69,000, ending June above $64,899, while Ethereum hits $3,800. Experts predict minimal corrections, indicating further upward momentum for both assets. #crypto #Bitcoin #Ethereum
Trader Makes $1.72M Fast with Meme Coin
Unknown trader turns $12,300 into $1.72M in 4 days with meme coin $PEW. Sold 8.05B tokens for $315K, holding remaining 18B worth $1.42M. #Crypto #Updates
Notcoin Price Skyrockets 280% in One Week
Notcoin’s price surged 280% this week, driven by enhanced scalability, security, and investor interest. Faster transactions and lower fees boost confidence. #Crypto #Updates
Crypto Exchange License Candidates Revealed by SFC
The Hong Kong SFC lists Crypto.com, HKbitEX, and PantherTrade among those vying for crypto exchange licenses. OKX and Bybit withdraw due to strict regulations. #Crypto #Finance
Texas Senator Invests in Bitcoin Mining Machines
Senator @tedcruz purchases three ASIC devices for Bitcoin mining, earning praise from @MarathonDH and @coinbase executives. Cruz’s move underscores Bitcoin’s growing acceptance in US finance. #Bitcoin #CryptoNews