HashKey Exchange, a licensed exchange based in Hong Kong, has announced the temporary suspension of digital asset deposits and withdrawals to and from Binance. In a Friday announcement, the company said that the decision comes as a result of policy adjustments implemented by HashKey Exchange. Per the announcement, HashKey Exchange will no longer accept any virtual asset…
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Best Crypto to Buy Now April 19 – Bitcoin, Dogwifhat, THORChain / Source: Cryptonews With the Bitcoin halving now just hours away, investors are asking whether BTC is the best crypto to buy now. BTC’s issuance rate to miners will drop by 50% in just over 8 hours, as per nicehash.com. It will fall from…
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Singapore-based payments company Triple-A has announced plans to integrate PayPal’s stablecoin into its list of supported tokens for customer payments. As the first licensed crypto payments firm in Singapore, Triple-A aims to introduce support for PayPal’s stablecoin, PYUSD, by the end of June, according to a report from Bloomberg. Currently, the company offers payment services primarily in Bitcoin,…
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Venture capital funding for cryptocurrency and blockchain projects has experienced its first quarterly rise since 2021. Crunchbase data published today reveals that Web3 startups managed to secure just under $1.9 billion in funding across 346 deals in the first quarter of 2024. This marks a significant 58% increase from the previous quarter, offering a glimmer of hope…
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Crypto exchange Binance is considering re-entering India’s market after having been banned there in late 2023. The potential re-entry would involve a penalty of about $2m, the Economic Times reported Thursday. The platform’s return would be contingent upon registration with the finance ministry’s Financial Intelligence Unit (FIU). The FIU is responsible for supervising virtual asset…
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On another bearish day in the crypto market that saw Bitcoin (BTC) knocking on the door of the $60,000 level and Ether (ETH) at the $3,000 level, crypto investors are scouring altcoins markets for coins that might be the best crypto to buy now. The near-term outlook for major cryptocurrencies is downbeat due to recent…
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The South Korean won has emerged as the leading fiat currency for cryptocurrency trading, overtaking the US dollar in the first quarter of 2024. According to a recent research report by Kaiko, the South Korean won accounted for more than $456 billion in trading volume on centralized crypto exchanges, surpassing the $455 billion volume in US…
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The Bank of Israel is launching a sandbox environment for testing CBDC use cases, in an effort to refine the design of the digital shekel and ensure its capacity to facilitate advanced applications. “We are now building the system and intend to officially announce the project in the coming weeks,” Andrew Abir, the central bank’s deputy…
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The South Korean Central Bank is set to “speed up” its CBDC project, and will pilot its digital KRW with a group of 100,000 citizens later this year. According to Newsway, the Bank of Korea (BOK) will test digital KRW usability and deposit functions with the group “at the end of 2024.” South Korean Central…
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With major cryptocurrencies flat over the past 24 hours following a choppy day of trade, traders hunting for top crypto gainers today that might deliver them quick gains continue to flock to the highly volatile and illiquid on-chain micro-cap markets. Bitcoin (BTC) was last trading in the upper $63,000s, having held above recent lows in…
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