HKMA strengthens financial ties with Malaysia A Hong Kong Monetary Authority (HKMA) delegation concluded a three-day visit to Kuala Lumpur, Malaysia, aimed at strengthening financial cooperation between the two regions. According to HKMA’s official press release, the delegation was led by HKMA Chief Executive Officer Eddie Yue. Strategic meetings and discussions During the visit, the HKMA delegation held bilateral meetings with Bank Negara Malaysia (BNM). Discussions focused on several strategic areas, including digital finance and fintech, green and sustainable finance, payment systems, use of local currencies for cross-border trade, and Islamic finance. The meeting highlights…
Author: Crypto Flexs
Read More
At the recent MicroStrategy World: Bitcoin for Enterprise conference, Alex Thorn, head of enterprise-wide research at Galaxy Digital, provided valuable insight into the changing landscape of Bitcoin adoption on Wall Street and in corporations.In an interview with Bitcoin Magazine, Thorn explores how Wall Street is beginning to embrace Bitcoin, the dual nature of Bitcoin’s role as both a financial asset and a technological tool, and how both institutional investors are beginning to view Bitcoin as a safe haven asset. I did. .Bitcoin: Financial Asset or Tech Tool?When asked whether companies are more likely to view Bitcoin (BTC) as a treasury…
Renewable energy is a major power source responsible for 80% of Kenya’s total power generation. 2022, plans to increase market share to 100% within 10 years. However, renewable energy sources such as solar and wind are intermittent, meaning they do not produce energy when most consumption occurs. Building infrastructure for renewable energy is capital intensive and requires power management systems to properly store and distribute energy.
Olympic athlete and media personality Caitlyn Jenner’sJenner’s X handle first tweeted a link to the meme token on Sunday afternoon with the caption, “Let’s all win together!!” Please send your favorite memecoin here.” In a series of tweets, the reality TV star’s X account said it had not been hacked. This was followed by a Twitter Space session in which Jenner’s account appeared to participate, but another account purportedly belonging to Jenner’s administrator joined in to respond to the inquiry. The account said, “I am playing golf.”“A lot happened today. Yes, the cryptocurrency is real on my account,” said a…
The sharp decline suggested that interest in the Solana-based memecoin has cooled. If interest rates continue to decline, SOL’s price could test support levels as low as $145.90. Daily trading volume on the Solana (SOL) decentralized exchange has decreased. As of May 26, AMBCrypto’s analysis of the Artemis dashboard found that it was worth $984 million. Three days earlier, that number had surpassed $1.5 billion. This decline contrasts with the blockchain’s record in April. At that time, Solana’s DEX trading volume reached an all-time high of $60 billion per month. Considering the recent fall and the end of May, the…
According to the issuer of the prospective cryptocurrency ETP, the recent departures have made it difficult to get clear feedback from the LSE on technical issues related to the application. London Stock Exchange Group Plc (LSE) is making major internal changes within its exchange-traded fund (ETF) team as it prepares to launch its first cryptocurrency-linked product. According to a recent Bloomberg report, Michael Stanley, who was head of LSE’s exchange-traded products, and Hetal Patel, head of business development, both resigned. However, their exact departure time is not yet known. In response to Stanley and Patel’s vacancies, LSE is actively seeking…
MicroStrategy CEO Michael Saylor introduced himself as a Bitcoin (BTC) “optimist” on the latest episode of Peter McCormack’s YouTube show “What Bitcoin Did.” Saylor also frankly warned against any actions that could hinder the progress of the flagship cryptocurrency. “Bitcoin will succeed,” Saylor said. “They are succeeding as fast as they can reasonably succeed, and we have to try to avoid the F tendency.” The 59-year-old billionaire, who reportedly owns more than 17,000 bitcoins, assumed the cryptocurrency was on the verge of gaining widespread acceptance by countries, financial institutions and institutional investors. He is also convinced that Bitcoin can solve…
Binance Pool announced the inclusion of USDC and FDUSD as new payment methods for purchasing cloud mining products. This update, effective May 27, 2024, improves accessibility and flexibility for users engaging in cloud mining activities. According to Binance, this update will allow users to utilize stablecoins such as USDC and FDUSD, providing more stable and predictable payment options compared to traditional cryptocurrencies. The official announcement can be found here. How to purchase cloud mining products To purchase Cloud Mining products using the new payment method, users must follow these steps: Open the Binance app…
Although it may be underestimated at the moment, the SRC20 protocol stands out among protocols operating on the Bitcoin network due to its unparalleled data persistence, a new report claims. The study also found that the imminent cost-saving upgrade of the protocol makes it an attractive option for long-term projects and investments. SRC20’s outstanding data persistence (…)
Binance Launches New WOTD Game with Meme CoinBinance Announced the release of an exciting new game called . Word of the Day (WOTD)Targeting the topic meme coin. According to Binance, this educational word guessing game allows users to expand their cryptocurrency vocabulary while staying up to date on the latest market trends.Activity period and compensationThe active period for the WOTD game is from 00:00 on May 27, 2024 (UTC) to 23:59 on June 2, 2024 (UTC). During this period, eligible users will be able to share equally in the pool of 500,000 Binance Points. These…