Here are some of the major developments from the world of crypto over the past few days
In a break from the global trend of tightening regulations following last year라이브 바카라 crypto market crash, Hong바카라 웹사이트Kong on June 2, 2023 published new regulations allowing licenced cryptocurrency exchanges to provide바카라 웹사이트services to retail clients.
After high-profile crashes, such as that of crypto platform FTX, which prompted the US to crack down on바카라 웹사이트the sector, the Chinese financial hub is taking the lead among regulators across the world to establish바카라 웹사이트ground rules for cryptocurrencies.
Since 2021, China has had a stringent ban on cryptocurrencies, but Hong Kong, which has a different바카라 웹사이트legislative system, allows trading. However, it is unregulated, and so, individual investors use unlicensed바카라 웹사이트platforms.
Following a one-year transition period, all Hong Kong cryptocurrency exchanges will now be required to바카라 웹사이트obtain licences in order to accept retail customers under the new regulatory framework that was바카라 웹사이트announced on Thursday.
Losses From Crypto Rug Pulls Outpaced Defi Exploits In May, Says Beosin
Over $45 million was lost to exit scams in May 2023, while exploits on DeFi protocols racked up less than바카라 웹사이트half that amount over the same period.
According to a Blockchain security company, the amount of cryptocurrencies lost to “rug pull” or “exit바카라 웹사이트scams”—where founders abruptly fold up and depart with investors’ money—had exceeded the amount바카라 웹사이트stolen from decentralised finance (DeFi) initiatives in May.
According to a Beosin report dated June 1, 2023, losses from scams and rug pulls in May totaled more바카라 웹사이트than $45 million over six occurrences.
DeFi protocols were the target of 10 attacks, which brought in $19.7 million. The amount is about 80 per바카라 웹사이트cent less than it was in April, and losses due to these kinds of abuses have been falling over the previous바카라 웹사이트two months, it noted.
Google Cloud, Voltage Expanding Bitcoin Lightning Network Hosting, Locations
To increase its hosting and locations, Google Cloud has announced a partnership with Voltage, a Bitcoin바카라 웹사이트Lightning Network service provider.바카라 웹사이트바카라 웹사이트
Through this partnership, Google Cloud hopes to improve the Bitcoin Lightning Network라이브 바카라 infrastructure,바카라 웹사이트thus providing improved usability and effectiveness for users around the world, reports바카라 웹사이트Coin Magazine.
Nike라이브 바카라 ‘Virtual Creations’ To Be Integrated Into EA Sports Nike라이브 바카라 non-fungible token (NFT) platform has contributed significantly towards the widespread use of바카라 웹사이트cryptocurrency among gamers. Now, Nike라이브 바카라 virtual clothing and footwear may eventually appear in EA바카라 웹사이트Sports titles thanks to the integration of the Swoosh.
NFTs will begin appearing in EA Sports games in the coming months, according to a statement from Nike바카라 웹사이트on June 1. Neither Nike nor Electronic Arts have disclosed which game titles will feature Nike's virtual바카라 웹사이트products, though.