One of the world’s leading crypto exchanges, OKX, has made significant strides in Hong Kong, registering over 10,000 new users within a month of launching its enhanced app. This growth comes amid the new Virtual Asset Service Providers (VASPs) regime that took effect on June 1, 2023. According to a press release, the company has The post OKX sees surge in users in first month following Hong Kong license appeared first on CryptoSlate.

Following the landmark decision for Ripple, asserting that some sales of XRP did not constitute securities sales, tokens included in the U.S. Securities and Exchange Commission (SEC) lawsuits against major cryptocurrency exchanges Binance and Coinbase experienced noticeable price movements. Some of these tokens managed to recover, while others displayed a more stagnant performance when denominated The post SOL, MATIC, ADA gain over 20% on Bitcoin as SEC targeted tokens see mixed performance appeared first on CryptoSlate.

XRP has now surpassed BNB to become the fourth-largest digital asset by market cap following its landmark court decision. # Name Price 24H % Market Cap 24H Vol 1 Bitcoin $31,313.35 +2.97% $608,382,242,056 $25,742,885,697 2 Ethereum $2,006.04 +7.07% $241,135,375,943 $12,574,214,439 3 Tether $1.00042 +0.06% $83,469,496,743 $47,877,965,097 4 XRP $0.78891 +67.5% $41,452,503,749 $12,916,795,997 5 BNB $259.553 The post XRP passes BNB in market cap as experts debate judge ruling on securities sales appeared first on CryptoSlate.

The Cyberspace Administration of China (CAC), the nation’s lead internet regulator, has unveiled the country’s inaugural rules overseeing generative artificial intelligence. Lauded as a significant regulatory stride, these rules, which take effect on Aug. 15th, were established when Beijing heightened its vigilance over burgeoning technology. These regulations mandate generative AI services to uphold the “core The post China’s new generative AI regulation sets guidelines to promote values of ‘socialism’ appeared first on CryptoSlate.

Despite the exponential growth of Threads, Meta’s Twitter competitor, a significant portion of the crypto community remains loyal to Twitter. As reported by NFT Gators, nearly 70% of 117 major players in the crypto industry are yet to open a Threads account a week after its launch. Threads has witnessed an extraordinary surge in user The post Can Threads dethrone Crypto Twitter? New report suggests not appeared first on CryptoSlate.