Hong Kong’s securities regulator aims to introduce digital asset derivatives trading for professional investors as part of a broader strategy to expand product offerings and reinforce the city’s role in the global digital asset market, local media reported. Christopher Hui Ching-yu, secretary for Financial Services and the Treasury, confirmed the move on June 4, according…
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India-serving but Singapore-based crypto exchange WazirX is moving its operations to Panama after local courts declined to approve the firm’s restructuring plan. In an email sent to its users, WazirX shared recent redacted legal documents outlining the move. One of the documents revealed that WazirX’s parent company, Zettai, will move to Panama and rebrand. “Zettai…
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Moscow Exchange (MOEX), Russia’s largest stock exchange, launched futures trading for BlackRock’s iShares Bitcoin Trust ETF (IBIT), as the fund climbed into the world’s top 25 ETFs by assets under management (AUM). MOEX introduced a futures contract tied to IBIT on June 4, according to an announcement by the exchange. The new investment product is…
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The growing convergence of blockchain and artificial intelligence could see the decentralized physical infrastructure network (DePIN) market soar past $3.5 trillion in the next three years, according to the World Economic Forum (WEF). DePIN merges blockchain technology with community-owned physical infrastructure to create decentralized networks where participants can contribute resources in exchange for cryptocurrency. “Currently…
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Key points: Bitcoin trades between increasingly thick bands of liquidity as traders await a breakout. Above current spot price lies a particularly important area for bulls when it comes to new all-time highs, analysis says. Macroeconomic conditions are not yet providing an impetus for risk-asset volatility. Bitcoin (BTC) continued to target liquidity into the June…
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Cryptocurrency hackers are moving away from exploiting smart contract vulnerabilities and targeting users through social engineering schemes, Web3 cybersecurity company CertiK said. More than $2.1 billion has been stolen in cryptocurrency-related attacks so far in 2025, with the bulk of losses coming from wallet compromises and phishing attacks, according to CertiK. Crypto phishing attacks are…
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The Bitcoin reserve strategy trend has led to at least 61 corporate treasuries now holding a combined 3.2% of all Bitcoin that will ever exist, according to Standard Chartered. Publicly listed companies worldwide now own a combined 673,897 Bitcoin (BTC), Standard Chartered’s global head of digital asset research, Geoff Kendrick, said in a June 3…
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Pakistan’s minister of state for crypto and blockchain, Bilal Bin Saqib, met with Robert “Bo” Hines, executive director of US President Donald Trump’s Council on Digital Assets, during a visit to the White House. The meeting focused on boosting cooperation between Pakistan and the United States in the digital assets space. Discussions covered a broad…
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Opinion by: Merav Ozair, PhD The launch of ChatGPT in late 2023 sparked an arms race among Big Tech companies such as Meta, Google, Apple and Microsoft and startups like OpenAI, Anthropic, Mistral and DeepSeek. All are rushing to deploy their models and products as fast as possible, announcing the next “shiny” toy in town…
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Key points: Bitcoin is approaching its bull market top, and not even corporate buyers might survive the comedown, Saifedean Ammous warns. BTC price action is still capable of an 80% drawdown, says the author of “The Bitcoin Standard.” Bitcoin OGs are increasingly warning about the potential lack of attention given to bear markets. Bitcoin (BTC)…
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