Hong Kong spot Bitcoin ETF approval draws praise and caution from industry players

Some experts view the recent approval of Bitcoin ETFs in Hong Kong as a major achievement for the cryptocurrency industry. Yet, others caution that potential market challenges, including ongoing inflation and geopolitical tensions, may outweigh the positive impact of this development. “Livio Wang, COO of HashKey Group in Hong Kong, expressed great joy over the … Read more

Solana network ‘nowhere near where we expect it to be’ — Solana Foundation exec

According to Austin Federa, the head of strategy at the Solana Foundation, achieving our objective of creating a swift global network that is both open and permissionless, without central authority, remains a significant work in progress. “From a user standpoint, the network performance falls short of our hopes and expectations,” Federa explained during an interview … Read more

Ahead of Bitcoin halving, will U.S. pay ‘the price of crypto regulation’?

SEC Commissioner Peirce advocated balanced crypto regulation, promoting investor protection. Hoskinson highlighted the consequences of strict regulations. In the midst of the excitement about Bitcoin [BTC] halving and the crypto market slump, there has been a renewed focus on the discussion surrounding SEC’s cryptocurrency regulations. SEC Commissioner Hester Peirce emphasizes the positive impact of securities … Read more

Worldcoin launches its own ‘human-centric’ blockchain network

Sam Altman, the CEO of OpenAI who established Worldcoin, a start-up focusing on identity coins, is pushing forward with a more people-oriented strategy in the Web3 realm through the development of their latest blockchain system, named World Chain. April 17 saw the unveiling of Worldcoin’s new project, World Chain. This innovative blockchain endeavor aims to … Read more