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A comprehensive regulatory overview of Hong Kong

A comprehensive regulatory overview of Hong Kong

Quick Take

  • Hong Kong still lacks a comprehensive regulatory framework for digital assets.
  • Proposed changes to the 2019 regulatory framework for virtual asset trading platforms could soon force several local cryptocurrency exchange operations to relocate to other jurisdictions.

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First Mover: Elon Musk #Bitcoin Moment Adds to Dogecoin, GameStop Wackiness

The GameStop-galvanized “bear raid” by retail stock traders appears to have terrified Wall Street, but crypto-industry marketeers are salivating over the prospect of new customer leads, and more demand.

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Portfolio App Blockfolio Adds Crypto, Stock Trading to Capitalize on GameStop Drama

The app offers trading of crypto assets as well as tokenized stocks listed on derivatives exchange FTX.

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Elon Musk-Prompted Bitcoin Price Surge Causes Liquidation of $387M in Shorts

The shorts were liquidated after Elon Musk added “Bitcoin” to his Twitter bio and prices rose by over 15%.

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Robinhood Limits Cryptocurrency Trading Citing ‘Extraordinary Market Conditions’

Users still have some crypto trading functionality, per a Friday report from CNBC.

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Coinbase’s site down, Robinhood restricts crypto trading as bitcoin surges past $37,000

Coinbase’s website is suffering from an outage and Robinhood has restricted crypto trading as bitcoin surges past $37,000.

The post Coinbase’s site down, Robinhood restricts crypto trading as bitcoin surges past $37,000 appeared first on The Block.

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Bitcoin developer Jonas Schnelli receives a $96,000 grant from Marathon Patent Group

Bitcoin Core developer and maintainer Jonas Schnelli has received a grant from Nasdaq-listed bitcoin miner Marathon Patent Group.

The post Bitcoin developer Jonas Schnelli receives a $96,000 grant from Marathon Patent Group appeared first on The Block.

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FTX Exchange Lists WallStreetBets Futures to Capitalize on Investing Movement

The futures contract is based on a basket of stocks being targeted by WallStreetBets and dogecoin.

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Ren: Cross-Chain Swaps

Quick Take

  • Ren Project gives access to fast cross-chain swaps but is currently centralized.
  • Due to market growth, the monthly fee for Darknode operators exceeded $1M in January.
  • Despite the existence of seven renTokens, people only actively use renBTC.

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Gemini Survey Finds Over 40% of UK Crypto Investors Are Women

The survey data shows that cryptocurrency investing is becoming more diverse, said Gemini in its new trends report.

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