Jessie A Ellis 19 Aug 2024 10:54 The Hong Kong Monetary Authority has warned the public about fraudulent websites and phishing emails impersonating Dasing Bank. The Hong Kong Monetary Authority (HKMA) has issued a warning to inform the public about fraudulent websites and phishing emails impersonating Dah Sing Bank, Limited, according to a press release from the bank. These fraudulent activities have been reported to the HKMA. Details of fraudulent activity The HKMA stressed that fraudulent websites and phishing emails aim to trick individuals into providing sensitive personal information under the guise of legitimate…
Author: Crypto Flexs
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RUNE’s social dominance increased dramatically as its popularity grew. The token’s trading volume has also decreased along with its price over the past 24 hours. Thor Chain (Rune) Last week saw a remarkable performance with double-digit price gains. However, the scenario changed in the last 24 hours as the token chart turned red. Is this a short term price correction or will the token price fall further due to the downtrend? THORChain’s bullish week CoinMarketCap’s data It turns out that RUNE investors had a profitable week, as the token’s value soared by more than 25% during that period. However, a…
Bitcoin (BTC) has been lacking momentum this week, as BTC price predictions suggest the market is headed for a downward trend.With a highly anticipated weekend ending with a bitter result at the end of the week, BTC/USD is not providing much inspiration to traders already tired of range-bound moves.Sentiment is poor and while stocks have recovered from their early August crash, cryptocurrencies have yet to recover.What could shake things up?The U.S. Federal Reserve is in the spotlight at the annual Jackson Hole Symposium this week.Fed Chair Jerome Powell is set to speak about the current macroeconomic situation as traders look…
HashKey Group, an Asia-based digital asset financial services company, has partnered with CatizinFor future collaborations, including Telegram mini-games and potential HSK airdrop campaigns. HashKey will continue to Betting big on the TON ecosystem.In a statement shared with The Block, HashKey said the partnership will include “gamified experiences in digital finance, joint HSK airdrop campaigns, animal welfare and social responsibility initiatives.”Catizen, which launched earlier this year, has amassed more than 29 million users worldwide, with daily active users peaking at 3.5 million, the company says.“This collaboration marks a significant milestone for Catizen, enabling us to provide enhanced, compliant, and trustworthy digital…
According to data from Token Terminal, the Tron network has surpassed the Ethereum network in revenue over the past 90 days, with fee income reaching approximately $435 million, while Ethereum’s fee income was approximately $364 million.Tron founder Justin Sun highlighted the blockchain network’s 30-day earnings performance, which according to the Tron founder “exceeded Ethereum’s protocol earnings by 50%.” Sun offered forward-looking guidance for Tron.“If this trend continues, Tron’s protocol revenue could surpass $2 billion this year, making it the most profitable blockchain on the planet!”USDT (USDT) payments on the Tron network surged to nearly a third of the total payment…
Darius Baru 19 Aug 2024 02:20 Mi Primer Bitcoin, a non-profit educational organization based in El Salvador, aims to teach Bitcoin to 100,000 students worldwide through the decentralized Light Node network. Mi Primer Bitcoin, a non-profit organization dedicated to Bitcoin education, has quickly grown from its roots in El Salvador to a global presence thanks to its decentralized “Light Node” network spread across over 20 countries. According to blog.bitfinex.com, the organization aims to educate 100,000 students worldwide through a community fundraising campaign via the Geyser Fund, ensuring independence and adherence to its core values.…
Speculation is growing in the cryptocurrency community as rumors resurface that China may lift its ban on Bitcoin (BTC) and other cryptocurrencies. A recent cryptic post by TRON founder Justin Sun and other developments have fueled these rumors. Could China Reopen Its Doors to Cryptocurrencies? Here’s What We Know On August 18, Sun stirred up a storm in the crypto community with a provocative post on his X (Twitter) account: “China lifts ban on crypto. What’s the best meme for this?” The message quickly sparked speculation among enthusiasts and industry insiders, sending ripples through the markets. Chase, co-founder of Solana…
Regulations • August 19, 2024 2:44 a.m. EDT Posted 1 minute earlier ~ in Malaysian authorities have arrested seven people for allegedly conducting a Bitcoin mining operation that included theft of electricity, according to local media reports.Bernama, the country’s national news agency, Reported Three locals and four foreigners were separately arrested and detained last week on suspicion of stealing electricity needed for a Bitcoin mining operation, it was announced on Saturday.Sepang District Police Chief ACP Wan Kamarul Azran Wan Yusof said the men had no previous criminal records and that authorities were aiming to “detect illegal Bitcoin mining activities that…
James Ding 19 Aug 2024 05:18 BitMEX has announced the listing of TONUSDT perpetual swaps, offering traders up to 10x leverage. The new listing is now live on the platform. According to a recent announcement on the BitMEX blog, BitMEX has launched its latest trading tool, the TONUSDT perpetual swap, which can now be traded with up to 10x leverage. Details of the new list The TONUSDT perpetual swap listing will be launched on August 19, 2024 at 04:00 UTC. This new financial product allows traders to leverage their positions up to 10x, amplifying…
A widely known crypto strategist says governance tokens for decentralized finance (DeFi) lending protocols are gearing up for a rally. Anonymous analyst The Crypto Dog told his 809,500 followers on social media platform X that he is bullish on Aave (AAVE). The trader shared a chart suggesting that AAVE has successfully retested the $107 support level. “I think it will be the moon.” Source: The Crypto Dog/X As of this writing, AAVE is trading at $111.62, which is down slightly over the last 24 hours but up more than 46% from its low of $75 on August 5. Looking at…