General category for all types of news related to the cryptocurrency world.
The Bank of Israel launches the Digital Shekel Challenge, inviting sectors to develop a CBDC prototype, exploring micropayments and digital trusts with private and government collaboration. #CBDC #Finance #Updates
Hong Kong’s @SFC_en sets June 1 deadline for crypto trading platforms to register or face criminal sanctions. Investors should verify platform compliance on the SFC website. #CryptoRegulation #TechNews
OpenAI is training a new AI model to replace GPT-4 and formed a safety committee to manage AI risks. Public release is expected in 9-12 months. #AI #Updates
Kroo Bank will ban crypto transactions starting May 30, 2024, to reduce online fraud. Accounts involved in crypto will face restrictions or closure. This follows similar moves by @StarlingBank and @Chase_UK. #Crypto #BankingNews
JasmyCoin surged 26%, then settled, driving a 600% spike in trading volume to $422M, with a market cap hitting $1.4B. New cryptos like Mollars also gain traction. #PriceInfo
Trader @doomxbt lost $70K due to a malicious Chrome extension stealing funds by manipulating cookie data. Fake Aggr app targeted Binance users. Security awareness is crucial. #Crypto #SecurityUpdates
Hong Kong’s SFC will inspect crypto platforms for VATP licenses after June 1, focusing on client protection and compliance. Only @OSL and Hash Blockchain hold full licenses. #CryptoRegulation #Updates
FLOKI’s price surged 14% on May 28 following the launch of its Telegram trading bot beta, supporting Ethereum, BNB Chain, and Coinbase’s Base. Users provide feedback to enhance performance. #CryptoNews #Updates
Bitget’s May 2024 Proof-of-Reserves report shows a strong 169% reserve ratio, with Bitcoin reserves at 295% and Ethereum at 209%. USDT and ETH user assets grew 64% and 72%. #Crypto #Updates
Celestia’s $TIA token surged 13% in 24 hours, driven by social media buzz. Trading volume jumped 107%, with open interest up 12%, signaling potential volatility. #PriceInfo #Analysis
Soros Fund Management led by George Soros invested $257M in MicroStrategy, acquiring convertible bonds. MicroStrategy shares surged nearly 500% in 2024, expanding Bitcoin holdings. #crypto #investment
The Sandbox launches a community-driven DAO, allowing $SAND and LAND holders to vote on network improvements. Despite a 94.7% drop from its 2021 high, it remains popular. #Updates
Digital currency Bakong by @NBC_CentralBank boosts riel use with $70B in transactions, nearly double Cambodia’s GDP. Facilitates payments with Thailand, Laos, Vietnam, and China’s UnionPay. #Finance #CBDC
The European Securities and Markets Authority (@ESMAComms) is scrutinizing Maximum Extractable Value (MEV) as market abuse under MiCA. Regulated crypto firms in the EU must report MEV cases. #CryptoRegulation #Blockchain #Analysis
