Hong Kong investors who open accounts in August and deposit HK$10,000 ($1,280) in the next 60 days can receive either bitcoin worth HK$600, a HK$400 supermarket voucher or a single Alibaba share. Investors depositing $80,000 can choose either HK$1,000 in bitcoin or an Nvidia share, the report said. Source
Futu Securities International, Hong Kong’s largest online broker with 21.64 million users, has launched retail cryptocurrency trading. Hong Kong residents can now trade bitcoin and ether in either Hong Kong or U.S. dollars directly through Futu’s platform. “We are actively working on expanding our crypto offerings in the near future,” the company said. Last month, […] Source CryptoX Portal
The Bank of Ghana has recently launched a centralized online foreign exchange trading platform. This platform aims to enhance secure and efficient operations in the foreign exchange market. As of August 1, 2024, all licensed Foreign Exchange Bureaux are mandated to use this platform for buying and selling foreign currencies. The system will improve oversight […] Source
A Singapore-based crypto exchange is launching a new platform to support up-and-coming digital asset projects. In a new press release, BingX says it’s launching BingX Labs, a new crypto project incubator that aims to help up-and-coming crypto projects with high potential efficiently distribute their tokens. According to the press release, BingX is interested in projects deemed to “exhibit strong marketing, user acquisition potential, and innovative technical solutions,” though no specific digital assets were mentioned. The firm says it will offer market-making, technical support, and strategic consulting services to clients. “The…
Best Wallet has just launched an airdrop campaign for its native BEST token. But this isn’t just another free token giveaway. Instead, it’s a ticket to a complete Web3 toolkit that could give users a head start in the DeFi space. Best Wallet – Your Ultimate Web3 Companion Best Wallet is aiming to be the […] Source CryptoX Portal
PRESS RELEASE. Singapore, August 1st, 2024 – SUN.io, a leading DeFi platform built on the TRON blockchain, is thrilled to announce the launch of SUN DAO. This strategic initiative aims to enhance SUN.io’s decentralized governance and community autonomy. By expanding the real-world use cases of the SUN token, SUN DAO will support the development and […] Source CryptoX Portal
Peter Zhang Jul 31, 2024 05:39 GalaChain’s TestNet is now live, offering developers a secure environment to deploy and test their chaincode, fostering innovation in blockchain technology. GalaChain has officially launched its TestNet, providing developers with a secure environment to deploy and test their chaincode, according to Gala News. This significant milestone marks a step towards making GalaChain an open-source blockchain, enabling external developers to refine their projects without real-world consequences. Understanding TestNet A TestNet serves as a sandbox environment where developers…
The University of Wyoming has launched a Bitcoin research institute to produce high-quality peer-reviewed publications about bitcoin from all academic disciplines. The institute’s director highlighted the need for informed research, criticizing previous work for its lack of fundamental understanding of bitcoin. University of Wyoming Launches Bitcoin Research Institute The University of Wyoming (UW) has launched […] Original
The crypto exchange Bybit has introduced a digital rupee (eRupee) as a new payment method for Indian rupee transactions. The launch aims to provide a secure alternative for INR users on its platform. Bybit Aims to Enhance INR Payments With Launch of Digital Rupee Bybit, a digital currency trading platform, announced the introduction of the […] Source CryptoX Portal
In addition to Router Chain, the team is also launching a token-bridging solution “that will offer increased security to Cosmos chains,” and “chains in the Cosmos ecosystem will be able to leverage the security of Ethereum and Bitcoin networks, reducing the inflation required to maintain security and making them more robust.” Source