DeFI News by Thebittimes.Com

The Mad price has surged 233% in a week, despite plunging 6% in the last 24 hours, to trade at $0.00003984 as of 2.30 a.m. EST on trading volume that declined 17% to $6.93 million. The MAD price initially skyrocketed from $0.000012 on November 19 to $0.00007374 — a new all-time high that finally allowed it to overcome the record made in late July when it reached $0.00003650. 🚀 THE ALL-TIME HIGH PARTY HAS BEGUN! 🚀 What a journey it’s been! We’ve hit a NEW ATH, and we’re not stopping anytime soon. Thanks to the amazing community that’s been here every step of the way!$MAD is here to stay, and we’re just warming up! 😈💜#mad #alltimehigh… pic.twitter.com/Sv30XvpQk4 — MAD 😈 (@madcoinvip) November 21, 2024 The project also announced reaching 30,000 token holders on the same day, as its price surge attracted many new traders and investors looking for valuable opportunities. After it hit ATHs, it als...

Source: iStock/Orbon Alija Santander UK, the UK unit of banking giant Banco Santander, has placed restrictions on crypto transactions for its customers, including a £1,000 limit on individual transactions with crypto exchanges and a £3,000 limit on total monthly transactions. In a note to customers on Thursday, the bank said that it will limit the amount customers can send when they identify the receiver as a cryptocurrency exchange. It cited increasing cryptocurrency fraud as the reason for the decision.  "We want to do everything we can to protect our customers and we feel that limiting payments to cryptocurrency exchanges is the best way to make sure your money stays safe," the statement reads.  The limits, which will go into effect starting November 15, will restrict customers to a £1,000 limit per transaction, and a total limit of £3,000 a month. "We’ll be making more changes to limit or prevent payments to cryp...

Hong Kong is relaxing its crypto regulation to allow retail investors to trade digital assets directly. A licensing regime for crypto platforms that allows retail crypto trading is reportedly set to be enforced in March next year. Hong Kong Nears Allowing Retail Crypto Trading Hong Kong is reportedly relaxing its strict cryptocurrency regulation with a plan to allow retail crypto trading, Bloomberg reported Thursday, citing people familiar with the matter. A mandatory licensing regime for cryptocurrency platforms that allows retail crypto trading is set to be enforced in March next year, the publication conveyed, elaborating: Hong Kong plans to legalize retail trading for crypto starting in March after years of skepticism — a stark contrast to mainland China’s ban. Moreover, regulators are seeking to allow retail exchanges to list large cryptocurrencies, like bitcoin (BTC) and ether (ETH), the news outlet added. The listing rules are likely to include criteria ...