Crypto Exchange HTX Faces $258 Million in Net Outflows

Coinspeaker Crypto Exchange HTX Faces $258 Million in Net Outflows The HTX exchange, a digital asset trading platform associated with Tron founder Justin Sun, has experienced a net outflow of $258 million since resuming operations following a significant hacking incident. Following a security breach on November 22 that led to the temporary suspension of services […]

Bonk Displaces Pepe to Become Third-largest Memecoin

Coinspeaker Bonk Displaces Pepe to Become Third-largest Memecoin Solana-based memecoin Bonk (BONK) has successfully flipped Pepe on the list of the largest memecoins in terms of market capitalization. The move by the dog-themed token, however, may just have been helped by its recent price gains. In just 30 days, BONK saw an over 370% price […]

Cardano chief’s casual tag leads to crypto chaos

Even minor actions can have serious consequences in the lightning-fast world of cryptocurrency. With this context in mind, consider the story of Charles Hoskinson, founder of Cardano, whose latest social media update triggered an ugly event in the cryptocurrency market.  Recently, Hosinkson encountered controversy following a post in which he referred to his dog as […]

South Korea excludes NFTs, CBDCs from crypto interest mandate

Users who deposit digital assets to exchanges in South Korea will be eligible to receive interest on their deposits. South Korean regulator, the Financial Services Commission (FSC), published a notice highlighting that by July 2024, investors in digital assets must receive interest when depositing their funds into an exchange. However, the guidance clarified that nonfungible […]

Nvidia plans Vietnam expansion for AI development

Nvidia CEO said the company has plans to expand its partnership in Vietnam and potentially set up a base to attract local talent in the AI industry. Nvidia, one of the market’s leading developers of artificial intelligence (AI) chips, announced its intentions to expand partnerships in Vietnam and set up a base in the country […]

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