HashKey Exchange Adds AVAX and LINK Trading Pairs for Retail Investors
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HashKey Exchange will launch the AVAX/USD and LINK/USD trading pairs for retail clients starting August 28. Previously, retail customers in Hong Kong were limited to Bitcoin and Ethereum only. Deposits and withdrawals of AVAX and LINK are available through the Avalanche and ERC20 networks, respectively. HashKey Exchange, one of the two fully licensed cryptocurrency exchanges in Hong Kong,...
BlackRock launches Ethereum ETF on the B3 exchange in Brazil
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BlackRock is launching an Ethereum ETF (ETHA39) in Brazil via BDR on the B3 exchange. The initial trading price is between 40 and 50 reais, and the fees for the first year have been halved to 0.12 percent. Brazil now has 15 crypto ETFs. BlackRock has expanded its crypto product portfolio in Brazil with the launch of the iShares Ethereum...
TON Blockchain Experiences Another Network Outage
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The TON blockchain has experienced another network outage, less than 24 hours after an extended interruption. According to TON, the overload associated with the DOGS airdrop is the main reason for this. The Open Network (TON) blockchain has experienced another disruption in block production. Reports of the outage came less than...
Crypto.com partners with PayPal to simplify crypto purchases in the U.S.
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Crypto.com integrates PayPal for US users to make it easier to buy cryptocurrencies. The partnership enables seamless transfers and top-ups of Crypto.com Visa cards. The PayPal feature on Crypto.com is currently only available in the US, but is expected to expand to more markets in the future. Crypto.com has entered into a strategic partnership with PayPal...
CoinSwitch takes legal action against WazirX
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CoinSwitch is suing WazirX over $9.7 million in frozen assets after a $230 million cyberattack. WazirX is requesting a 30-day moratorium to restructure itself and clarify the frozen withdrawals. WazirX has partially allowed INR withdrawals, however, crypto withdrawals remain suspended. CoinSwitch, a leading cryptocurrency exchange in India, has taken legal action...
Cypher Capital backs Echelon in $3.5 million funding round
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Echelon aims to improve capital efficiency with features for institutional markets. Cypher Capital has participated in the $3.5 million seed funding round for Echelon. The financing supports the development of new products, RWAs and expansion into new networks. Cypher Capital, a prominent multi-strategy crypto investment firm, has announced its participation...
Maker, now Sky, faces backlash over USDS stablecoin's freeze feature
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Sky's USDS stablecoin has a freeze feature, which raises concerns about decentralization. Rune Christensen, co-founder of Sky, explains that the freeze feature will not be active at launch. Sky's website blocks VPNs, which further intensifies the criticism after the renaming. A day after the decentralized finance (DeFi) project Maker...
Crypto drop lets BTC reach 58k Bitcoin Dogs fluctuates
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Bitcoin (BTC) hit lows near $58,000 while cryptocurrencies experienced strong selling pressure. The 0DOG token fell sharply in the wake of Bitcoin's losses. In the last 24 hours, Bitcoin fell by more than 6% and traded below $59,000. The market capitalization of cryptocurrencies also declined as a...
Bitcoin is falling back below $60,000. Is this a buying opportunity for jewels like $POODL?
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Here are the key points: Bitcoin is down 6% in the last 24 hours and is trading below the $60,000 mark again. POODL is now live on the MEXC, Raydium, and Bingx crypto exchanges. BTC falls below $60,000 again. The cryptocurrency market has been performing weakly so far this week as the prices of the...