Bitspark Debuts Hong Kong Dollar-Pegged Stablecoin on Decentralized Exchange

Sparkdex.HKD is reportedly the first HKD-backed stablecoin on the market, where “US Dollar stablecoins have dominated.” Hong Kong-based money transfer platform Bitspark has launched what is reportedly the first stablecoin pegged to the Hong Kong dollar (HKD), local tech and finance news outlet Fintech Hong Kong reports Jan. 29. Bitspark, which has positioned itself as […]

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Proof of Keys Event May Highlight Centralization of Crypto, but Some of Its Claims Are Unfounded

The Proof of Keys event raises questions over HitBTC, but questions also surrounds the event itself. Bitcoin celebrated its 10th birthday on Jan. 3, and in commemoration of this milestone, the very first Proof of Keys event was held. Organized by crypto investor and podcast host Trace Mayer, it urged cryptocurrency traders to withdraw their […]

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