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Gate.io Group Company Obtains a Hong Kong License

The move from Gate.io, which has an ecosystem that includes a cryptocurrency exchange, blockchain, decentralized finance and more, comes as the group is looking to expand globally and strengthen confidence in its operations. The license from the Registry for Trust and Company Service Providers follows a move into Malta in March, when its Gate Technology …

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Zipmex Crypto Exchange Gets Over 3 Months Creditor Protection in Singapore: Report

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‘Final week of the bear rally’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) enters a new week with a bang after sealing its highest weekly close since mid-June — can the good times continue? After a volatile weekend, BTC/USD managed to restrict losses into the later portion of the weekend to produce a solid green candle on weekly timeframes. In what could shape up to be …

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NFT games have edge over ‘money in, no money out’ games: Polygon’s Urvit Goel

Polygon’s VP of Global Business Development for gaming Urvit Goel believes games that integrate nonfungible tokens (NFTs) have a natural edge on traditional games that don’t allow users to sell their in-game items. Goel spoke candidly with Cointelegraph in Seoul last week about Polygon’s (MATIC) push toward helping NFT games proliferate and why game publishers …

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Launching a blockchain to be as easy as deploying a smart contract

Developers and communities will be able to deploy their own sovereign, custom-made blockchains at the “click of a button” says Celestia co-founder Ismail Khoffi.  Speaking with Cointelegraph at Korean Blockchain Week 2022 last week, Khoffi said that the project’s vision is to decouple the consensus and application execution layers to unlock new possibilities for decentralized …

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Scaramucci highlights key factors why crypto market will soon recover

Founder and managing partner of Skybridge Capital, Anthony Scaramucci, has an optimistic outlook for the future of crypto markets, advising investors to “see through the current environment” and “stay patient and stay long term.” In an interview with CNBC, the hedge fund manager spoke about his belief that several recent developments in the crypto space …

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Network and token freeze after Acala exploit raises questions

The Acala Network’s aUSD stablecoin depegged by over 99% over the weekend and forced the Acala team to pause a hacker’s wallet, raising concerns about its claim of being decentralized. On Aug. 14, a hacker took advantage of a bug on the iBTC/aUSD liquidity pool which resulted in 1.2 billion aUSD being minted without collateral. …

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Kevin O’Leary says sacrificing Tornado Cash worth it for institutional adoption

Clamping down on crypto applications that “mess with the primal forces of regulation” is necessary, says Shark Tank host and millionaire venture capitalist Kevin O’Leary, who argued that Tornado Cash and similar services are preventing real institutional capital from coming into the space. In a discussion on Crypto Banter on Saturday, O’Leary, also known as …

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