NFTs
Trading
HashKey obtains SFC approval to offer off-platform OTC trading
With the SFC's approval, Hashkey Group can facilitate trades for clients even if the tokens are not listed in its order book.
Trading
BinaryX token surges over 9000% following BNX split
BinaryX completed a 1:100 token split to increase its BNX maximum supply from 21 million to 2.1 billion tokens.
Banking
JP Morgan opens crypto lab in Athens
JP Morgan's crypto lab will provide R&D services on blockchain, AI, and cryptography to payment businesses globally.
Stablecoins
Circle plans to increase workforce by 25% in 2023
Circle finance chief Jeremy Fox-Geen said the firm expects to employ up to 225 workers to join its 900-member workforce.
NFTs
Moonbirds creator cancels NFT conference over low interest
Kevin Rose explained that given current realities, right now isn't the right time for the PROOF of Conference.
Trading
Alchemy Pay token price spikes 67% following support for Google Pay
Alchemy Pay's support for Google Pay will allow Android phone users to purchase crypto directly with their bank cards.
Regulation
Hong Kong SFC opens consultation to regulate crypto exchanges
SFC Chair Julia Leung said the proposed requirements protect investors — following the 'same business, same risks, same rules' principles.
Exchanges
OKX Proof of Reserves report shows $8.6B in clean assets
Nansen dashboard shows OKX $8.6 billion reserves include $485.3 million in BTC, $338.2 million in ETH, and $199.9 million in USDT.
Bankruptcy
Galois Capital shuts down in aftermath of FTX collapse
Galois Capital co-founder Kevin Zhou said the firm had up to $40 million trapped on FTX, leading to the closure of its trading operations.
Tokenization
FTX warns against Justin Sun-backed FUD tokens
Justin Sun approved the listing of FTX User Debt (FUD) token on Huobi Global claiming that FUD is a "top quality FTX debt asset.
Regulation
Do Kwon allegedly cashed out 100M worth of BTC via Swiss Bank
The SEC filing revealed that Do Kwon and Terraform Labs transferred over 10,000 BTC into a cold wallet, worth roughly $100 million.
CBDCs
Japan to launch CBDC pilot program for issuance of digital Yen
The pilot program aims to test the technical feasibility not fully covered by the PoCs and onboard the private sector.