Month: January 2025

Hong Kong Authorities Issue Two New Crypto Licenses, Bringing Total To Nine

On 27 January 2025, Hong Kong’s Securities and Futures Commission (SFC) granted operational licenses to two Hong Kong-based crypto exchanges, PantherTrade and YAX.  This brings the total number of licensed platforms to nine since the SFC’s licensing regime was launched in mid-2024. Commenting on the development, Kelvin Liu Kai,...
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Chainlink’s Data Streams go live on Scroll mainnet

Chainlink’s standard for verifiable data has officially launched on Scroll, a zero-knowledge-proof-powered scaling solution on Ethereum. The decentralized oracle platform announced the integratio on Jan. 29, noting Data Streams were now live on Scroll (SCR) mainnet. Chainlink (LINK) now provides…...
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D.E. Shaw takes stake in Riot, may push for changes

D.E. Shaw has acquired a stake in bitcoin mining firm Riot Platforms and may push for strategic changes, Reuters reported, citing sources familiar with the matter.  The size of the hedge fund’s position remains undisclosed, and both Riot and D.E.…...
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Fed Holds Rates Steady, Takes Note of Elevated Inflation

As expected, the U.S. Federal Reserve has kept its benchmark fed funds range rate steady at 4.25%-4.50%, the first pause since the central bank began easing policy last September. The accompanying policy statement noted that the unemployment rate had stabilized at a “low level” and inflation remained “somewhat elevated.”...
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