Global

Futu Securities International, Hong Kong’s largest online broker, has made a significant leap in the cryptocurrency space by introducing Bitcoin and Ethereum trading to its platform. This move, effective August 1, 2024, represents a pivotal development for Hong Kong as it continues to establish itself as a key player in the global crypto market.

Recent reports have highlighted significant developments regarding international detainees and potential prisoner exchanges. According to Bloomberg, journalist Evan Gershkovich and Marine Paul Whelan are being relocated from Russia to undisclosed locations.

Catizen, a leading Web3 social entertainment platform, has made significant strides within the Telegram ecosystem, recently gaining attention for its impressive performance on the TON Blockchain.

Polymarket, a decentralized prediction market platform, has achieved unprecedented growth in July, setting new records for trading volume, active traders, and new accounts. The platform recorded $387 million in volume for the month, more than tripling its previous all-time high of $111 million set in June.

In a bid to strengthen oversight of the cryptocurrency space, particularly focusing on stablecoins, the Bank for International Settlements (BIS) and the Bank of England have unveiled a new project named Pyxtrial.

Marathon Digital Holdings, now rebranded as MARA, has reported a significant widening of its losses for the second quarter of 2024. The company's net loss reached $199.7 million, a sharp increase from the $9 million loss reported in the same period last year.