Conflux Network introduces AxHKD, Hong Kong Dollar-Backed Stablecoin
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Hong Kong Will Launch a New Wholesale CBDC Project
The central bank of Hong Kong has announced the initiation of a wholesale central bank digital currency (wCBDC) project with the aim of supporting the growth of the tokenization market.
MicroStrategy Founder Believes Bitcoin ETFs Will Outperform Funds Based on Gold
Michael Saylor believes that digital currencies, particularly Bitcoin, are now starting to compete with traditional gold exchange-traded funds (ETFs) as the largest in the commodity category.
Do Kwon Will Be Extradited to South Korea, Not to US
The court in Montenegro has ruled that Do Kwon, co-founder of Terraform Labs, will be extradited to South Korea.
BlockFi Reaches an Agreement with FTX and Alameda
According to a recent court filing, bankrupt cryptocurrency lender BlockFi has reached a tentative agreement with the estates of crypto exchange FTX and Alameda Research for nearly $1 billion.
MicroStrategy to Sell $700M in Convertible Notes
MicroStrategy has announced its plans to sell $700 million in convertible notes, an increase from the previously reported amount of $600 million.
Crypto Miner Hut 8 Shuts Down a Mining Facility
Mining company Hut 8 has made the decision to close its Drumheller mining site in Alberta, Canada.
Ethereum’s Staking Value Exceeds $117B
Over 31.5 million ETH have been staked by Ethereum validators, currently valued at over $117 billion.
Binance Drops Nigerian Naira Support
Due to a regulatory dispute in Nigeria, Binance has announced that it will be discontinuing all services using the country’s fiat currency, the naira.
Deutsche Börse Unveils a Crypto Trading Platform
German stock market operator Deutsche Börse has recently debuted its own cryptocurrency trading platform specifically designed for institutional investors.
CryptoPunk is Sold for 4,500 ETH
One of the top nine “Alien Punks,” CryptoPunk #3100, was sold for 4,500 ETH, equivalent to $16.03 million.
CoinShares: Crypto Funds See Second Largest Inflow in 2024
The week of February 24 to March 1 saw a total of $1.83 billion in receipts for cryptocurrency investment products, following a previous period of $598 million.
