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Hong Kong Stock Exchange Cracks Down On Crypto Treasury Firms: Bloomberg

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The Hong Kong Stock Exchange (HKEX) has rejected multiple attempts by listed companies to make crypto treasuries their core business. That’s according to a Bloomberg report that said Hong Kong Exchanges & Clearing Ltd. has challenged the plans of at least five such firms in recent months. The story cited sources familiar with the matter, who said tha t transitioning into a pure-play crypto accumulator is currently forbidden by the bourse.  Companies Are Prohibited From Having Large Liquid Holdings The exchange is blocking the applications as part of a rule that prohibits firms from holding large reserves of liquid assets, which is crypto in this case. The aim is to prevent the listing of shell companies that effectively use their status as a listed entity for money. The gigantic DAT bubble deflating quickly. Regulators' turn to prick that bubble. Previous posts on the issue:https://t.co/KrIeFcEy5jhttps://t.co/jKbaesjxlk "…In Hong Kong, if a publicly traded f...

Analyst Says Dogecoin Price Is Ready To Surge, But Buy DOGE Under These Levels

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Ethereum and Solana Price Ready To Send Hard? Legendary Analyst Says It’s Time To Pay Attention

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Οι νέοι κανονισμοί της SEC για τα ETPs μπορεί να γράψουν ιστορία στην αγορά κρυπτονομισμάτων

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Bitcoin May See Selloff If $100,000 Support Fails — Here’s Why

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Why did I receive a Trezor phishing email from Substack?

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Last night I was unfortunate enough to join the long list of individuals who have been targeted by crude phishing attempts claiming to be from hardware wallet maker Trezor. This email, which had the subject line “Quantum Vulnerability Disclosure,” claimed that it was notifying me of a new firmware for my wallet that would help protect it against a fictitious exploit rooted in “recent breakthroughs in quantum technology” that “have revealed vulnerabilities in existing encryption.” The email encouraged me to “take immediate action to protect [my] information” by making sure to upgrade my device’s firmware. If you filled in a form from Trezor, you may have to change your wallet Read more: Crypto phishing blitz hits CoinMarketCap, Cointelegraph, and Trezor It falsely claimed that the upgrade was “necessary to safeguard your assets and prevent exposure to these evolving threats.” The most interesting...

Has The Crypto Treasury Bubble Burst? Tom Lee Thinks So

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Michael Saylor Issues Rally Cry To Bitcoin Army: “Starve The Bears!”

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