Hong Kong govt pressures banking giants to accept crypto clients: Report
    15 Jun 2023

    Hong Kong’s central bank reportedly asked major banks including HSBC, Standard Chartered and Bank of China why they aren’t accepting crypto exchanges as clients. The Hong Kong Monetary Authority (HKMA), which serves as the region’s central bank and regulator, has reportedly put pressure on major banks including HSBC and Standard Chartered to accept crypto exchanges…

    Here’s what happened to Arbitrum post-airdrop
    15 Jun 2023

    The number of new wallets making initial transactions has gradually decreased post-airdrop, indicating a decline in new user adoption following the event. On-chain analytics firm Nansen released a new report detailing what happened to the Arbitrum network after its popular airdrop event. From sustaining the surge of users and transactions to a decline in new…

    Bitcoin dips below $25K for the first time in 3 months
    15 Jun 2023

    The price of Bitcoin plunged 4% as the Federal Reserve pressed pause on interest rates. The price of Bitcoin has fallen below the $25,000 mark for the first time since March 17 following a hawkish Fed announcement amidanother turbulent week for the crypto industry. Within the span of 30 minutes on June 15, the price of…