$115 million stolen from two crypto firms linked to Justin Sun after hack.

Entrepreneur Justin Sun's affiliated HTX exchange and Heco Chain were recently targeted in a hacking incident, resulting in the theft of a staggering $115 million. The breach underscores vulnerabilities in both Two crypto firms, highlighting the persistent challenges faced by the industry. The HTX exchange, previously known as Huobi,...

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UK confirms plans to regulate crypto industry with formal legislation.

The UK confirms plans as the consultation paper garners input from diverse stakeholders, encompassing industry experts, academics, and the general public. The proposed legislation aims to address concerns surrounding money laundering, terrorist financing, and consumer protection within the cryptocurrency sector. It recognizes the rapid growth and evolving nature of...

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HSBC Enables Bitcoin and Ethereum ETF Trading on Mobile Apps in Hong Kong.

HSBC, one of the world's largest banking and financial services organizations, has taken a significant step towards embracing the digital asset revolution by enabling Bitcoin and Ethereum ETF Trading on Mobile Apps in Hong Kong. This groundbreaking move not only reflects the growing acceptance of cryptocurrencies by traditional financial...

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