TON-based restaking protocol secures $100M institutional TVL commitment
    14 Sep 2024
    78 Views

    Utonic, an emerging restaking protocol on The Open Network (TON), received a $100-million institutional commitment in total value locked (TVL) ahead of protocol launch. The TON-based restaking protocol received a $100-million commitment from firms including Mirana Ventures and Foresight Ventures. The protocol aims to contribute to TON’s security and decentralization, according to Lemon Lin, co-founder…

    Memecoin frenzy goes beyond Solana: Here’s what’s next
    14 Sep 2024
    76 Views

    Gotbit Hedge Fund is a performance-focused market maker, supporting the growth of the memecoin ecosystem by offering liquidity solutions and advising on project sustainability. In 2024, the memecoin market has become one of the fastest-growing sectors in the crypto space. What started as a lighthearted, community-driven trend has evolved into a bustling ecosystem where traders and developers…

    Hong Kong considers new licensing regime for OTC crypto trading
    14 Sep 2024
    91 Views

    Hong Kong’s Securities and Futures Commission (SFC) has sought opinions from industry participants on whether to introduce a new licensing regime for cryptocurrency over-the-counter (OTC) services. The new regime would see SFC, the securities and futures markets regulator, working with the Customs and Excise Department (C&ED) to supervise the companies offering crypto OTC trading services….