The Value of Crypto-fund Assets Rises: Bloomberg Report
According to a recent report by Bloomberg, cryptocurrency hedge funds have seen an average increase in asset value of 44% in the past 12 months.
Hong Kong Will Implement License Regime for Stablecoin Issuers
Hong Kong has put forth a legislative proposal suggesting that stablecoin issuers obtain a license in the city to regulate the industry.
MicroStrategy Purchases Another 14,620 Bitcoin
In the past month, MicroStrategy has acquired an additional 14,620 Bitcoins, spending $615.7 million at an average price of $42,110 per Bitcoin.
Bit Digital to Double its Bitcoin Hashrate
Bit Digital plans to boost the first cryptocurrency’s network hashrate to around 6 EH/s by 2024.
Telcoin Suffers Exploit and Loses $1.2M
The Telcoin (TEL) token witnessed a 40% price decline within the last 24 hours due to an apparent wallet implementation error on Polygon.
Mt. Gox Could Have Paid Some Creditors Twice
Multiple reports on Reddit indicate that some creditors of the defunct crypto exchange Mt. Gox have received settlement funds twice.
Coinbase CEO Says Cryptos Give People Economic Freedom
Brian Armstrong, the head of Coinbase, recently highlighted that approximately 52 million individuals in the United States now hold digital currencies.
