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KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

One of the big four accounting firms, KPMG estimated that at least $9.8 billion in cryptocurrencies have been stolen by hackers since 2017 due to security issues or poorly written code. According to the KPMG report, the cryptocurrency market will need to see huge improvements for the $245 billion industry to keep growing.

Binance CZ: We Have No Immediate Plans for a Chinese Yuan-Based Stablecoin

Binance CZ: We Have No Immediate Plans for a Chinese Yuan-Based Stablecoin

Recent announcements have created waves in the blockchain industry. Binance has been making its way around the world, enabling better adoption and an overall understanding of crypto. With China’s President Xi Jinping urging its nation to use blockchain technology and its development, how is Binance leveraging on new collaborations around the world?

April 21: Essential Oil No More

April 21: Essential Oil No More

Trading Crypto with Eugene is a series of daily commentary of market analysis and trading advice shared by Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful.

Blockchain Allowed 17 Million People to Travel Between Macau and China During Coronavirus

Blockchain Allowed 17 Million People to Travel Between Macau and China During Coronavirus

A blockchain-powered QR health code system has been instrumental in enabling at least 17 million people to travel between the Chinese mainland and Macau since May.

Reserve Bank of Australia Meeting Finds No Strong Case for CBDC or e-AUD

Reserve Bank of Australia Meeting Finds No Strong Case for CBDC or e-AUD

The Reserve Bank of Australia has found no strong public policy-case to issue a retail central bank digital currency (CBDC).

“LU HK” Mobile App Brings a New Paradigm to Online Wealth Management, With No Entry Barriers and No Limits

“LU HK” Mobile App Brings a New Paradigm to Online Wealth Management, With No Entry Barriers and No Limits

Lu International (Hong Kong) Limited has launched its LU HK mobile application, offering 24-hours-a-day, seven-days-a-week integrated wealth management services to Hong Kong customers.

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