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HashKey Exchange Expects to Obtain Hong Kong Virtual Asset License Within Weeks | Cryptocurrency Trends

Tommy, Bitget Research
2023/07/10
HashKey Exchange Expects to Obtain Hong Kong Virtual Asset License Within Weeks | Cryptocurrency Trends

1. Mainstream Exchange Trends:

HashKey's exchange business is expected to receive a Hong Kong virtual asset trading platform license within weeks.
Binance currently holds 90% of the supply of TUSD, amounting to almost US$2.7 billion (the outstanding supply of TUSD is about US$3 billion).
● Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)
Bitget:
Babydoge 2.0 (BABYDOGE2) — July 7, 3:00 PM.
Bybit: ByVotes votes to list NYM (NYM) — July 7, 10:00 AM.

2. Cryptocurrency Trends:

Shibarium plans to launch mainnet in August. A blog post by SHIB lead developer Shytoshi Kusama reveals that Layer 2 blockchain solution Shibarium may launch its mainnet at the Blockchain Futurists Conference in Toronto this August.
Bitcoin inscription wallet UniSat Wallet to launch an NFT marketplace with support for over 1500 NFT collections. UniSat also plans to reduce its service fees from 1.6% to under 1% across the board.
Starknet plans for a test release of Starknet 0.12.1 in July, allowing blocks to contain failed transactions. Starknet Alpha v0.12.0 has been deployed on the Goerli testnet and is currently in the final stages of testing before a "quantum leap" of the mainnet.
Arbitrum DAO locks US$770 million of ARB tokens in a vesting contract. The contract will gradually release funds to the Arbitrum Foundation over a period of four years. The Foundation has indicated that funds will be used to support initiatives based on Arbitrum technology.
● Latest Ethereum All Core Developers Execution (ACDE) Call: EIP-6466 and EIP-6406 code changes to affect LayerZero, zkBridge, and Telepathy, but not upgrades.
Azuki rejects changing background metadata for the Elementals collection with 86.9% votes against.
Vitalik Buterin: Bitcoin needs to experiment with more scaling solutions. "I think if we want Bitcoin to be more than just payments, it will need scaling options like Plasma or ZK Rollups, both of which have been tried on Ethereum".

3. Financing Trends:

● Shardeum raises US$5.4 million in a strategic funding round at a valuation of US$248 million, with participation from Amber Group, Galxe, and others. Raised funds will be used to strengthen the ecosystem for the mainnet launch by the end of 2023.

4. Regulatory Trends:

● Industry advocacy group Association for Financial markets in Europe (AFME) posts an article on its website urging regulators not to exclude DeFi from the MiCA regulatory framework.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.