🌎 GM! Here are the top news in #Crypto for the past 24 hours🌍
HSBC China's branch is the first foreign bank to offer digital yuan services to both retail and corporate clients, now supporting e-CNY transactions.
©️ South Korea will regulate mass-produced NFTs as cryptocurrencies under new guidelines from the Financial Services Commission, starting July 19.
©️ Grayscale's report on ETH sees spot Ethereum ETFs broadening investor exposure to smart contracts and decentralized apps, boosting digital commerce.
©️ Base's TVL surged to $8B, surpassing Optimism’s OP Mainnet, making it the second-largest Ethereum layer-2 network, with 64.86M transactions in 30 days.
©️ Binance CEO Richard Teng says the crypto industry has transitioned from 'early adopters' to 'early majority' as Binance hits 200M users.
©️ Singapore police advise businesses against paying Bitcoin ransoms to hackers and to report incidents immediately due to rising ransomware attacks.
©️ Ionet CEO Ahmad Shadid steps down two days before token launch amid allegations, with co-founder Tory Green taking over the role.
©️ Loopring suffers $5M hack after its 'Guardian' two-factor authentication service is compromised, allowing unauthorized wallet recoveries.
©️ Orbit Chain exploiter moves $48M through Tornado Cash after months of dormancy following the $82M hack in December.
©️ Iggy Azalea's MOTHER token holders may soon use it to buy phones and monthly plans, increasing the token's utility.
