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Hong Kong Monetary Authority Advances e-HKD Tests, Mbridge Project


The Hong Kong Monetary Authority (HKMA) has recently completed a series of tests regarding the programmability of the e-HKD, the proposed Hong Kong central bank digital currency (CBDC). While still in its initial phases, the e-HKD presents “interesting” use cases, HKMA CEO Eddie...

Optimism to allocate unclaimed funds from initial airdrop


Optimism, an Ethereum layer 2 network, has announced plans to disburse the unused funds that were left over from its initial airdrop. The direct receivers will be to the identified addresses that were left out.  The airdrop that began on the 1st of June,2022, was responsible for disbursing...

Cypher Says Token Offering Part of Steps to Make Users Whole


The Solana-based digital asset exchange announced on Aug. 23 that it is planning the “most fair” token launch in the history of Solana. According to Cypher, part of the funds raised via the initial decentralized offering will be used “to sustain protocol development, pay...

Bitmain Dispatches Initial KS3 Antminers Amid Surge in Kaspa’s Hashrate


According to Bitmain, the well known crypto ASIC mining rig manufacturer, the company has shipped its first batch of KS3 Antminer machines. Despite each rig costing $49,800, Bitmain sold out of the first batch and announced another batch of KS3 Antminers would be available soon. As Kaspa’s...

Crypto's Initial Hope for Sex Workers Gives Way to New Challenges


Crypto was once one of the best ways for sex workers to get paid. Now, it’s scarcely more supportive of the industry than the banking sector. Joining a slew of banks and payment providers that have shunned the adult industry for decades, regulatory pressure is even encouraging crypto exchanges...

Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution 


The long-standing legal feud between FTX Trading and Genesis Global Holdco is taking a turn towards resolution. The two parties have reached an initial agreement, in principle, following bankruptcy protection disputes that have made industry headlines. An official letter to the bankruptcy judge...

Global Crypto ATM Resurgence: Net Growth Rebounds After Initial 2023 Slump


In the wake of over 5,000 crypto ATMs being taken out of service during the initial four months of 2023, the past four months have witnessed a resurgence in global crypto ATM installations. Crypto ATM Landscape Rebounds After Downturn Ever since the debut of the first bitcoin ATM in Vancouver...

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