Crypto-news

The Dubai Financial Services Authority (DFSA) has officially approved Circle’s stablecoins USD Coin and EURC (EURC) as recognized tokens under the authority’s crypto regime — the first stablecoins approved under the regime. Due to this new status, companies in the Dubai International Financial Centre (DIFC) can now integrate the two stablecoins into a range of digital…

HK Asia Holdings Limited has increased its Bitcoin holdings to nearly 9 BTC, just a week after the investment firm saw its share prices double after buying its first Bitcoin. HK Asia, a Hong Kong-based investment firm, said in a Feb. 23 announcement that its board “has approved the Company to further increase its investment in Bitcoin”…

Crypto startups need to have not only a strong tech infrastructure but have the “ability to read the market and pivot when needed” to be worthy of investment, according to the founder of OKX’s investment arm. “For founders looking to work with us — yes, your tech needs to be solid, but we’re equally interested…

Cryptocurrency exchange Bybit has suffered the largest hack in crypto history, losing more than $1.4 billion in liquid-staked Ether (stETH), Mantle Staked ETH (mETH) and other ERC-20 tokens. The attack highlights that even centralized exchanges with strong security measures remain vulnerable to sophisticated cyberattacks, analysts say. Blockchain security analysts, including Arkham Intelligence and onchain sleuth ZachXBT,…

What is Hyperliquid? Hyperliquid is a decentralized perpetual exchange operating on its own high-performance layer-1 blockchain, HyperEVM. It specializes in perpetual futures trading, allowing users to speculate on crypto prices without holding the underlying assets.  The HyperEVM mainnet has been launched with smart contract capabilities while preserving its fast, low-latency trading. A key feature of Hyperliquid is…

The US Securities and Exchange Commission has agreed to dismiss its lawsuit against centralized exchange firm Coinbase, which had accused the company of operating as an unregistered securities broker. According to an announcement from Coinbase, the dismissal is still subject to approval by an SEC commissioner before the suit is officially withdrawn. Coinbase CEO Brian Armstrong said: “If…