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Hong Kong crypto frenzy, DeFi token surges 550%, NBA China NFTs — Asia Express

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Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong moves bullish On Feb. 20, the Securities and Futures Commission (SFC) of Hong Kong launched a consultation on its proposed regulatory requirements for digital asset trading platforms. The SFC requires the licensing of all cryptocurrency exchanges operating in Hong […]

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Coin Market

Warren claims SEC’s Atkins likely misled Congress over enforcement data

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SEC chair Paul Atkins is under fire from Senator Elizabeth Warren, who says he “may have been deliberately trying” to mislead Congress about the agency’s enforcement activity.

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Coin Market

Kelp restaking platform exploited, $293M drained in attack

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The attack caused a “cross-protocol contagion” that has impacted at least nine crypto protocols, blockchain security firm Cyvers said.

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Coin Market

Solana futures open interest rose by 20% this week: Is $100 SOL next?

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SOL’s steady recovery alongside the wider crypto market has traders debating whether $100 could be the next stop for the altcoin.

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