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HSBC China rolls out e-CNY services for corporate clients
HSBC China rolls out e-CNY services for corporate clients

The bank’s China branch said that it is the first foreign bank in China to offer digital yuan services to both retail and corporate customers.

The Block·2024/06/10 07:40
South Korea to treat certain NFTs as regular crypto, new rulebook says: report
South Korea to treat certain NFTs as regular crypto, new rulebook says: report

South Korea’s Financial Services Commission published a new set of guidelines for regulating NFTs on Monday, according to Yonhap news agency. The country’s regulators will regulate mass-produced NFTs that have become exchangeable per their review as cryptocurrencies.

The Block·2024/06/10 05:58
Analysts Predict Imminent Altseson, But History Suggests a Final Flush
Analysts Predict Imminent Altseson, But History Suggests a Final Flush

The calls for altcoin season are ringing again amongst crypto industry analysts but it may be too early for altcoin hopium just yet.

Cryptopotato·2024/06/10 04:22
BIG Week for BITCOIN: 100,000 Bitcoins Removed From Exchanges
BIG Week for BITCOIN: 100,000 Bitcoins Removed From Exchanges

Institutional Crypto Research Written by Experts

10xResearch·2024/06/10 03:39
Flash
03:26
Five northeastern provinces in Thailand conduct joint crackdown on illegal Bitcoin mining farms, confiscating more than 300 mining machines
ChainCatcher reports that Thailand's Ministry of Interior, together with provincial power authorities, police, and local administrative officials, carried out a joint enforcement operation this Saturday across five provinces in the northeast: Ubon Ratchathani, Yasothon, Amnat Charoen, Roi Et, and Maha Sarakham. The operation inspected 14 locations and seized a total of 315 cryptocurrency mining devices. Investigators found that those involved had supplied power to the mining machines by tampering with electricity meters and through illegal connections. The total estimated loss is 40.38 million baht (approximately $1.227 million), including 5.38 million baht in penalties for power violations and around 35 million baht in unpaid electricity fees. All relevant evidence has now been collected, and authorities have filed suits against those involved.
03:24
Thai Authorities Raid Illegal Bitcoin Mining Operation in Five Northeastern Provinces, Seize Over 300 Mining Rigs
BlockBeats News, June 21st: The Ministry of Interior of Thailand, together with provincial electricity authorities, police, and local officials, conducted a joint law enforcement operation this Saturday in the northeastern provinces of Ubon Ratchathani, Yasothorn, Nakhon Phanom, Roi Et, and Maha Sarakham, inspecting a total of 14 locations. The operation resulted in the seizure of 315 cryptocurrency mining rigs. Investigators found that the individuals involved were powering the mining rigs through tampered electric meters and illegal connections. The total loss is estimated to be 40.38 million baht (approximately $1.227 million), including 5.38 million baht for electricity theft fines and around 35 million baht in unpaid electricity bills. Currently, all relevant evidence has been collected, and legal action has been taken against the individuals involved.
03:10
Data: Solana blockchain 24-hour application revenue reaches 2.8 million dollars, ranking first
According to ChainCatcher, citing Defillama data, 24-hour application revenue on the Solana blockchain reached 2.8 million US dollars, Hyperliquid L1 was 1.37 million US dollars, Ethereum was 1.09 million US dollars, Polygon was 954 thousand US dollars, and Base was 346 thousand US dollars.
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