Blockchain Industry Updates & Privacy News
US March core CPI growth slightly undershot forecasts, but Fed officials caution against overreading a single month's data. The focus is on energy price declines and their potential lingering pass-through effects, such as on airfare and shipping costs, which may continue influencing inflation.
Read MoreFollowing the release of March CPI data, market expectations shifted rapidly. Traders and analysts increased bets on at least one Federal Reserve rate cut this year, signaling a reassessment of inflation trends and economic outlook.
Read MoreThe price of TAO token has experienced a significant drop, falling below the key $260 level to $259.8. It recorded a sharp 24-hour decline of 19.07%, indicating high market volatility. Investors are advised to exercise caution.
Read MoreA joint venture led by Standard Chartered, HKT, and Animoca Brands will launch the regulated Hong Kong dollar stablecoin HKDAP in phases starting Q2 2024. This initiative aims to strengthen Hong Kong's financial infrastructure and boost its digital asset ecosystem.
Read MoreNew regulations from five national departments strongly support independent innovation in core AI technologies like algorithms, frameworks, and chips. They encourage applications in areas like cultural dissemination and elderly care, promote safety testing platforms, and aim to guide secure, lawful public use to enhance overall AI literacy.
Read MoreIran's Deputy Foreign Minister announced international consensus on using Iran's ten-point plan as a basis for negotiations. Iran welcomes diplomacy but rejects talks based on misinformation intended to pave the way for military aggression. This marks a significant development in nuclear discussions.
Read MoreBitcoin surged past $72,000, reaching $72,004.75 with a 1% gain in 24 hours. Market volatility is elevated, urging investors to exercise caution and manage risks prudently.
Read MoreThe HKMA has issued its first stablecoin issuer licenses to Anchor FinTech and HSBC, selecting them from 36 applicants. The decision highlights stringent risk management, regulatory compliance, and innovative use-case planning, marking a pivotal step in Hong Kong's digital asset regulation.
Read MoreNakamoto proposes a 1:20 to 1:50 reverse stock split to maintain Nasdaq compliance amid plummeting share prices. The firm recently sold 5% of its Bitcoin holdings for liquidity management as shares trade 99% below peak levels.
Read MoreHSBC has announced plans to launch a Hong Kong dollar-pegged stablecoin in the second half of 2026, following the regulatory framework established by the Hong Kong Monetary Authority. This strategic move marks a significant step for traditional banking in digital assets.
Read MoreHong Kong's financial regulator has issued its first stablecoin issuer licenses to Anchor FinTech and HSBC, effective April 10. This landmark move implements the new regulatory framework, with operations expected to launch within months, introducing compliant digital asset products to the market.
Read MoreBinance Wallet's latest Alpha Mystery Box airdrop is now claimable, featuring tokens from Ark of Panda (AOP), Rekt (REKT), and Yei Finance (CLO). Users with 240+ Alpha Points can participate for tiered rewards on a first-come basis, using 15 points per claim. The points threshold decreases over time.
Read MoreUpcoming US CPI data, potentially boosted by energy prices, could fortify the dollar. Analysts note that high inflation readings may raise the bar for further dollar declines, even amid Middle East tensions. The key concern is whether core inflation shows signs of persistent cost pass-through.
Read MoreFormer UK Chancellor Philip Hammond has stepped down as chairman of a major crypto custody firm. The leadership change coincides with the company's strategic shift to focus on the US market, securing a Swiss license after UK setbacks, and exploring potential IPO opportunities.
Read MoreThe onshore Chinese yuan strengthened against the US dollar, closing at 6.8333 on April 10, a gain of 77 basis points from the previous session. This movement highlights the currency's resilience and positive market sentiment regarding China's economic outlook.
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