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 HK crypto ETFs on fire Binance warns on Maverick FOMO Poly hack Asia Express

HK crypto ETFs on fire Binance warns on Maverick FOMO Poly hack Asia Express


Published: 2023-07-03


1. Main topics in the article: a) Hong Kong approves crypto ETFs The article highlights Hong Kong's decision to approve crypto Exchange-Traded Funds (ETFs) and the potential impact on the cryptocurrency market. This move could potentially provide institutional investors with regulated access to digital assets and boost market liquidity. b) Binance Maverick partnership The report discusses the partnership between Binance and Chinese payments giant Maverick. Through this collaboration,Binance aims to expand its presence in the Asian market by leveraging Maverick's extensive user base and payment infrastructure. c) Poly Network hack The article covers the Poly Network hack,wherein hackers managed to exploit a vulnerability and steal around $610 million worth of various cryptocurrencies. The incident raised concerns about the security of decentralized finance platforms and highlighted the need for stronger security measures within the crypto industry.

2. Details for each topic: a) Hong Kong approves crypto ETFs Hong Kong's approval of crypto ETFs marks a significant milestone for the cryptocurrency industry,as it provides institutional investors with a regulated and convenient way to invest in digital assets. This move aligns with other countries,such as Canada and Brazil,which have also approved similar investment vehicles. By introducing ETFs,Hong Kong aims to attract more institutional investors and increase market participation,thereby enhancing the overall legitimacy and stability of the cryptocurrency market. b) Binance Maverick partnership Through its partnership with Maverick,Binance aims to tap into the massive Asian market. Maverick's user base and established payment infrastructure can provide Binance with a strong foothold in the region,facilitating increased cryptocurrency adoption. The collaboration will likely involve the integration of Binance's services into Maverick's platforms,enabling users to access cryptocurrencies seamlessly and expanding the reach of digital assets in the Asian market. c) Poly Network hack The Poly Network hack raised significant concerns about the security of decentralized finance platforms. The incident exposed vulnerabilities within the decentralized finance ecosystem and highlighted the need for improved security measures. It also sparked discussions about the responsibilities of decentralized projects,exchanges,and the wider crypto community in preventing and mitigating such hacks. As a result,there is likely to be increased focus on strengthening security protocols and implementing better auditing procedures within the crypto industry. Note: Each topic has been labeled with a number for easy reference. The detailed information provided for each topic does not exceed 250 words in total.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 64,112.02 1,714,949,264.72
2 ARS title=ARS 1,093.80 1,629,538,988.00
3 ETH title=ETH 3,146.80 783,325,395.87
4 SOL title=SOL 154.08 475,169,573.62
5 PEPE title=PEPE <0.01 370,489,014.07
6 DOGE title=DOGE 0.16 299,570,629.00
7 WIF title=WIF 3.53 207,560,066.23
8 WLD title=WLD 6.30 194,423,597.90
9 ENA title=ENA 0.92 158,407,928.01
10 BOME title=BOME 0.01 157,445,052.46
11 NEAR title=NEAR 7.47 137,101,979.63
12 XRP title=XRP 0.54 133,705,049.67
13 RNDR title=RNDR 9.87 127,164,685.37
14 ARKM title=ARKM 2.59 88,014,158.31
15 BONK title=BONK <0.01 86,653,991.37
16 AR title=AR 39.36 85,452,919.28
17 ETHFI title=ETHFI 4.13 83,909,779.65
18 AVAX title=AVAX 38.59 83,821,300.69
19 FLOKI title=FLOKI <0.01 75,469,673.20
20 SUI title=SUI 1.13 75,239,500.07
21 RUNE title=RUNE 5.48 68,422,254.69
22 ORDI title=ORDI 39.95 58,387,440.93
23 HBAR title=HBAR 0.12 53,097,058.66
24 FIL title=FIL 6.24 52,619,059.91
25 USTC title=USTC 0.02 51,870,177.02
26 FTM title=FTM 0.73 43,986,865.87
27 LTC title=LTC 82.19 43,548,218.28

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Worldcoin title=WLD 6.30 +17.02
2 iExec RLC title=RLC 3.14 +16.73
3 TerraClassicUSD title=USTC 0.02 +16.47
4 Ethena title=ENA 0.92 +13.38
5 Ethernity Chain title=ERN 4.54 +11.41
6 Reserve Rights title=RSR <0.01 +10.22
7 Any Inu title=AI 1.19 +9.70
8 BOOK OF MEME title=BOME 0.01 +9.37
9 Yield Guild Games title=YGG 0.90 +8.33
10 NFPrompt title=NFP 0.50 +8.01
11 IDEX title=IDEX 0.07 +8.01
12 SingularityNET title=AGIX 1.00 +7.96
13 TrueFi title=TRU 0.12 +7.92
14 Hedera title=HBAR 0.12 +7.84
15 GALA title=GALA 0.05 +7.64
16 Numeraire title=NMR 28.06 +7.51
17 Arweave title=AR 39.36 +7.36
18 Ocean Protocol title=OCEAN 1.00 +7.25
19 Vanar Chain title=VANRY 0.20 +7.21
20 Pyth Network title=PYTH 0.56 +7.17
21 IQ title=IQ 0.01 +7.00
22 Injective title=INJ 25.80 +6.97
23 Phala title=PHA 0.20 +6.90
24 Raydium title=RAY 1.77 +6.78
25 SelfKey title=KEY <0.01 +6.74
26 BarnBridge title=BOND 3.17 +6.63
27 Bittensor title=TAO 467.70 +6.56
28 NEAR Protocol title=NEAR 7.47 +6.28
29 dogwifhat title=WIF 3.53 +6.27
30 NKN title=NKN 0.13 +6.11

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 LeverFi title=LEVER <0.01 -9.48
2 Golem title=GLM 0.61 -8.24
3 Komodo title=KMD 0.40 -5.37
4 High title=HIGH 4.08 -4.52
5 REZ 0.17 -4.29
6 Ontology Gas title=ONG 0.59 -3.46
7 Vite title=VITE 0.02 -2.88
8 Convex Finance title=CVX 2.54 -2.72
9 NULS title=NULS 0.65 -2.57
10 DataBot title=DATA 0.06 -2.31
11 Celestia title=TIA 10.44 -2.16
12 AS Roma Fan Token title=ASR 3.59 -2.15
13 Alpaca Finance title=ALPACA 0.18 -1.83
14 Pendle title=PENDLE 5.12 -1.79
15 MovieBloc title=MBL <0.01 -1.75
16 QuarkChain title=QKC 0.01 -1.71
17 Lido DAO title=LDO 2.01 -1.67
18 Alpine F1 Team Fan Token title=ALPINE 1.88 -1.52
19 BinaryX [OLD] title=BNX 0.96 -1.34
20 Shentu title=CTK 0.71 -1.27
21 MANTRA title=OM 0.76 -1.15
22 Request title=REQ 0.13 -1.15
23 Lisk title=LSK 1.89 -1.10
24 Kava Lend title=HARD 0.19 -1.04
25 Maker title=MKR 2,891.00 -1.03
26 Gains Network title=GNS 3.44 -0.98
27 PlayDapp title=PDA 0.08 -0.94
28 Illuvium title=ILV 97.83 -0.84
29 Juventus Fan Token title=JUV 2.56 -0.81
30 Bonk title=BONK <0.01 -0.71

Bitcoin's Greed and Fear Index.

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71
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
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2 Bitcoin reaches one billion transactions 2024-05-06
3 Bad actors and block storms Bitcoin dev calls for testnet reboot 2024-05-06
4 Crypto venture capital funding hits 1B for second straight month 2024-05-06
5 Weekend Wrap SOL set for bronze Bitcoiner fat fingers 100K fee and more 2024-05-06
6 Could stablecoin volumes overtake Visa this quarter 2024-05-06
7 Bitcoin will propel the next leg up if key trading pattern confirms Traders 2024-05-05
8 Bitfinex database breach seems fake says CTO 2024-05-05
9 Sui Network addresses claims about its token supply 2024-05-05
10 Coinbase faces new lawsuit over alleged investor deception 2024-05-05
11 Uniswap CEO weighs In on ethical token distribution 2024-05-05
12 Where to store your crypto Wallets provide diverse options for holders 2024-05-05
13 Warren Buffett compares AI to nukes after seeing deepfake doppelganger 2024-05-05
14 More than half of the Fortune 100 uses Apples Vision Pro headset 2024-05-05
15 Bitcoin will 039propel the next leg up039 if key trading pattern confirms Traders 2024-05-05
16 Grayscales GBTC stops bleeding First net inflows since launch 2024-05-04
17 LayerZero tackles sybil activity with self reporting mechanism 2024-05-04
18 BTC e founder pleads guilty in 9B money laundering conspiracy 2024-05-04
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21 Vodafone looks to integrate crypto wallets with sim cards 2024-05-04
22 Australian court rules against Qoin issuer BPS Financial on 4 charges 2024-05-04
23 SEC delays decision on 7RCCs eco friendly spot Bitcoin ETF 2024-05-04
24 Losses due to crypto hacks fall 67 Bitcoin DeFi interest rises Finance Redefined 2024-05-04
25 Snowden goes after Bitcoin devs Elon Musk and puppy killers in X flurry 2024-05-04
26 Crypto Biz The Bitcoin summer Avalanche integrates with Stripe and more 2024-05-04
27 Coinbase039s Base could make it the NVIDIA of DeFi 2024-05-04
28 Former Cred execs face wire fraud and money laundering charges 2024-05-04
29 Grayscales GBTC stops bleeding First inflow since launch 2024-05-04
30 Biggest Friendtech whale dumps tokens as users struggle to claim airdrop 2024-05-03
31 Bitcoin and Ether options worth 24B set to expire May 3 max BTC pain at 61K 2024-05-03
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49 Memecoins mass appeal makes it valuable to DEXs Kain Warwick 2024-05-03
50 How to short Bitcoin on Binance and Coinbase 2024-05-02

US news that has a significant impact on the market

at news day date time
1 FOMC Member Barkin Speaks Monday 06-05-2024 17:50
2 FOMC Member Williams Speaks Monday 06-05-2024 18:00
3 Loan Officer Survey Monday 06-05-2024 19:03
4 RCM/TIPP Economic Optimism Tuesday 07-05-2024 15:03
5 Consumer Credit m/m Tuesday 07-05-2024 20:00
6 Final Wholesale Inventories m/m Wednesday 08-05-2024 15:00
7 Crude Oil Inventories Wednesday 08-05-2024 15:30
8 FOMC Member Jefferson Speaks Wednesday 08-05-2024 16:00
9 10-y Bond Auction Wednesday 08-05-2024 18:01
10 FOMC Member Cook Speaks Wednesday 08-05-2024 18:30
11 Unemployment Claims Thursday 09-05-2024 13:30
12 Mortgage Delinquencies Thursday 09-05-2024 15:00
13 Natural Gas Storage Thursday 09-05-2024 15:30
14 30-y Bond Auction Thursday 09-05-2024 18:01
15 FOMC Member Bowman Speaks Friday 10-05-2024 14:00
16 Prelim UoM Consumer Sentiment Friday 10-05-2024 15:00
17 Prelim UoM Inflation Expectations Friday 10-05-2024 15:00
18 FOMC Member Barr Speaks Friday 10-05-2024 18:30
19 Federal Budget Balance Friday 10-05-2024 19:00

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