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Binance to stop HTX transactions from Aug. 23 over sanctions

Binance has said it will stop processing transactions involving HTX and 10 other listed crypto platforms from Aug. 23 as new sanctions and regulatory restrictions take effect. Binance said in a Friday announcement that the restrictions will apply to Rapira,…

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Ethereum price slips to $1,875 as $1,900 caps rebound

Ethereum price has slipped to about $1,875 after sellers rejected its latest move above $1,900, leaving the $1,850 support zone and nearby liquidation clusters in focus. Ethereum price loses momentum below $1,900 According to data from crypto.news, Ethereum (ETH) price…

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Bitcoin price slips below $63K as whale builds $125M short

Bitcoin price has fallen 2% from $63,895 to an intraday low of $62,667 on Aug. 14 as spot selling, a $125 million whale short, and weak derivatives demand pushed the price toward a key support zone. Bitcoin price action today…

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HashKey, YF Life test HKDAP stablecoin for insurance payments

HashKey Exchange has completed a live transaction using Hong Kong’s first regulated Hong Kong dollar-backed stablecoin, HKDAP, with YF Life, testing a payment route that the companies say could cut premium settlement from two to three business days to near…

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RedotPay US IPO delayed as $473M Binance lawsuit adds pressure

RedotPay has reportedly delayed a planned US initial public offering that could raise more than $1 billion as the Hong Kong stablecoin payments company works through regulatory approvals and legal disputes while preparing to enter the US market. Bloomberg reported…

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Singapore crypto job scam costs company $11.8 million

A fake cryptocurrency job offer that infected a company-issued device has led to US$11.8 million in losses after attackers gained access to corporate systems and bypassed transaction controls, Singapore authorities have said. The Singapore Police Force and Cyber Security Agency…

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HTX and FCA seek settlement in UK crypto marketing lawsuit

HTX and the UK Financial Conduct Authority have entered settlement talks over allegations that the crypto exchange illegally promoted its services to British consumers, with High Court proceedings paused until late August while negotiations continue. Reuters reported on Aug. 13,…