💥 Trend to Asia: "Chinese" cryptocurrencies showed strong growth

Hong Kong's top financial regulator has proposed easing rules that prevent retail investors from trading crypto assets on licensed platforms. Community members took the news as a step towards the full legalization of cryptocurrencies and one of the reasons for the growing dominance of the Asian segment of the crypto market.

☝🏻 Among the large tokens from the category, the prices of which soared by tens of percent in a month, projects such as Conflux (CFX), Filecoin (FIL), NEO (NEO), VeChain (VET), Qtum (QTUM), AlchemyPay (ACH) and others.

List of China related tokens 👆

🟥 The most expensive NFT in the world is fake

The crafters created their own NFT #7689 and sold it to themselves for 125,000 ETH (~$200 million) using instant credits, making it the most expensive NFT in history.

First of all, this was done to draw public attention to the issue of fake NFT transactions.

Tuesday news:

😱 Ankr has announced a partnership with tech giant Microsoft. Their collaboration will provide a node hosting service for businesses that need access to blockchain data.

🚨 Polygon Labs reduced staff by 20%, or about 100 employees

💵 Paxos in talks with SEC over BUSD stablecoin

👀 Former FTX CTO Nishad Singh plans to plead guilty to fraud for his role in the failed exchange

#summary

#FTX transferred $7.7 billion of Bahamian assets to the US before bankruptcy 👀

The interim managers of the bankrupt bitcoin exchange FTX said that shortly before filing for insolvency, the company transferred a total of $ 7.7 billion in assets from the Bahamian to the US division.

The new CEO of YouTube became a supporter of Web3 and metaverses 🔥

The new head of YouTube, replacing Susan Wojcicki, was Neil Mohan, director of product for the video platform, who supported technologies related to digital assets.

♦️considers the possibilities of integrating WEB3 technologies

♦️"We believe that new technologies such as blockchain and NFT can enable creators to create a close bond with their fans"

♦️“There are many factors to consider in order to make sure that technologies can be integrated into the platform, but we also believe that they have incredible potential”

#youtube #ceo #nft #web3