Hong Kong takes tokenized settlement to 24/7, plans stablecoin trials
The HKMA plans to bring regulated stablecoins into tokenized government debt trials, while HSBC says its RedCoin stablecoin has reached 50,000 users.
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The HKMA plans to bring regulated stablecoins into tokenized government debt trials, while HSBC says its RedCoin stablecoin has reached 50,000 users.
Bitcoin price action held its 100-day moving average into the monthly close as crypto markets braced for US midterm election and tech earnings volatility.
OKX led cryptocurrency exchanges with $445 million in daily inflows, while Binance processed about $7 billion in net outflows.
US spot Bitcoin ETFs ended October with $515 million in net withdrawals, while Ether funds posted a record $1.61 billion in monthly outflows.
BTCPay Server urged operators to shut down their servers after receiving reports of unauthorized attackers draining funds from hot wallets.
The central bank is surveying 31 financial institutions on how a major exchange shutdown, prolonged crypto downturn or losses at another firm could affect their operations.
THORChain node operators paused swaps involving assets on 10 networks, including Bitcoin, Ethereum, Solana and Tron.
The exchange says withdrawals surged after some services resumed but have since slowed, with the outflows representing a fraction of its roughly $171 billion in customer assets.
Binance has reopened withdrawals following the world’s biggest ever hack, and THORChain co-founder argues it should not halt the protocol to comply with FBI demands.
The proposal comes amid intense competition among AI developers, including US companies Anthropic and OpenAI, the SCMP said.
The crypto exchange said it has begun phased withdrawals after the record hack the FBI has blamed on North Korea.
US agency seeks private-sector help to block further money-laundering of stolen digital assets.