zkSync Era’s new ZK Stack will use recursive scaling and “hyperchains” to create an ecosystem of interoperable protocols and sovereign chains.
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Month: June 2023
HSBC rolls out cryptocurrency services in Hong Kong: Report
Three crypto ETFs listed on the Hong Kong Exchange are now reportedly available for trading at Hong Kong’s largest bank.
BTC price up, fundamentals down? 5 things to know in Bitcoin this week
Bitcoin begins an “important” week with $30,000 still intact at the weekly close.
Binance eyes United Arab Emirates as ‘focal point’ for future operations
Binance Dubai general manager Alex Chehade says there are plenty of good reasons why the UAE will become the world’s next major crypto hub.
Crypto trading an important part of the virtual asset ecosystem — Hong Kong SFC chief
Julia Leung Fung-yee said incorporating virtual assets into the regulatory system was crucial after FTX’s bankruptcy.
$794K SIM swap hacker PlugwalkJoe sentenced to 5 years in prison
The hacker managed to steal $794,000 worth of crypto from an exchange via a SIM swap attack on an executive, but didn’t cover his tracks […]
Token issuers in Japan exempt from 30% crypto tax on paper gains
Japan’s National Tax Agency published a partial revision of its corporate tax guidelines, implementing new tax rules for token issuers.
Uncertainty over digital assets traps institutions in ‘supervisory void’ — Fed Governor
Lack of clarity on digital assets could have significant consequences for banks navigating higher interest rates, according to Fed Governor Michelle Bowman.
‘Keep Australia safe’: Dystopian draft bill against ‘misinformation’ unveiled
The proposed legislation could have serious implications for free speech in Australia says Shadow Communications Minister David Coleman.
Ether price eyes $3K as exchanges’ ETH balances drop to an all-time low
On-chain data and ETH price charts are beginning to hint at a possible rally to $3,000.