Tag: Crypto

Hong Kong’s SFC Strengthens Crypto Oversight: Here’s What’s Changing

Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), is set to promote its cryptocurrency regulatory workforce in the upcoming fiscal year. In a newly released budget proposal for 2025-26, the SFC outlined plans to introduce 15 additional positions, eight of which will specifically focus on the regulation...
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Block.one subsidiary Bullish Global eyes IPO: report

Alan Howard-backed crypto firm Bullish Global is said to be weighing an initial public offering as soon as this year. Bullish Global, a crypto exchange operator, appears to be gearing up for an IPO as the U.S. market warms up…...
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XRP Ledger Suffers Hour-Long Outage Before Recovery: Ripple CTO Says ‘Silent Network’ Failure Didn’t Impact User Funds

The XRP Ledger (XRPL), the blockchain network that powers XRP (CRYPTO: XRP), experienced an unprecedented hour-long interruption in block production on Tuesday before spontaneously recovering, according to Ripple‘s Chief Technology Officer David Schwartz. What Happened: “The network is now recovering. We don’t know exactly what caused the issue yet,” Schwartz posted on X....
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XRP Ledger Recovers Following Brief ‘Network Drift’ Outage

On Feb. 5, Ripple chief technology officer David Schwartz reported that the network is now recovering before adding, “We don’t know exactly what caused the issue yet.” The XRP Ledger (XRPL) experienced a rare one-hour outage late on Feb 4 when block production stopped at ledger height 93927173. However,...
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