{"id":1122,"date":"2023-05-25T11:11:00","date_gmt":"2023-05-25T03:11:00","guid":{"rendered":"https:\/\/insights.digift.io\/?p=1122"},"modified":"2025-08-15T16:54:09","modified_gmt":"2025-08-15T08:54:09","slug":"malaysia-orders-huobi-global-to-cease-operations-visa-experiments-with-ethereums-goerli-testnet-for-account-abstraction","status":"publish","type":"post","link":"https:\/\/insights.digift.io\/zh\/malaysia-orders-huobi-global-to-cease-operations-visa-experiments-with-ethereums-goerli-testnet-for-account-abstraction\/","title":{"rendered":"Malaysia orders Huobi Global to cease operations; Visa experiments with Ethereum’s Goerli testnet for account abstraction"},"content":{"rendered":"\n

Weekly Update: 25 May 2023<\/strong><\/p>\n\n\n\n

1) Malaysia orders Huobi Global to cease operations [CoinDesk]<\/a><\/p>\n\n\n\n

– The Securities Commission Malaysia has ordered Huobi Global to cease operations, including disabling its website and mobile applications.<\/p>\n\n\n\n

2) Visa experiments with Ethereum’s Goerli testnet for account abstraction [The Block]<\/a><\/p>\n\n\n\n

– Visa is testing transaction-free payments using account abstraction on Ethereum’s Goerli testnet, potentially simplifying user interaction with the Ethereum network.<\/p>\n\n\n\n

3) Coinbase expands subscription service outside U.S. [CoinDesk]<\/a><\/p>\n\n\n\n

– Coinbase One, a zero-fee subscription service, is now available in the U.K., Germany, and Ireland, offering various services including pre-filed tax return documents to U.S. clients.<\/p>\n\n\n\n

4) Crypto trading platform Hotbit terminates CEX operations [Decrypt]<\/a><\/p>\n\n\n\n

– Hotbit has ended all centralized exchange operations due to deteriorating conditions, with a deadline of June 21 for users to withdraw their assets.<\/p>\n\n\n\n

5) Dash blockchain halts, Binance Pool suspends mining rewards [CoinDesk]<\/a><\/p>\n\n\n\n

– Dash blockchain stopped processing transactions due to a failed hard fork, causing a chain split and suspension of mining rewards on Binance Pool.<\/p>\n\n\n\n

6) HashKey Group aims to raise up to $200M at $1B valuation [CoinDesk]<\/a><\/p>\n\n\n\n

– HashKey, an Asia-based digital asset firm, is in talks to raise up to $200M, capitalizing on Hong Kong’s potential as a crypto hub.<\/p>\n\n\n\n

7) Hong Kong regulator to accept crypto exchange license applications from June 1 [CoinDesk]<\/a><\/p>\n\n\n\n

– The SFC will begin accepting crypto trading platform license applications starting June 1, with new guidelines in place.<\/p>\n\n\n\n

8) Singaporean family office to set up digital bank in Bahrain [Cointelegraph]<\/a><\/p>\n\n\n\n

– Whampoa Group plans to open a digital bank in Bahrain by year-end, offering services including digital asset trading and custody.<\/p>\n\n\n\n

9) Tornado Cash’s TORN token up 10% as attacker submits proposal to undo attack [CoinDesk]<\/a><\/p>\n\n\n\n

– TORN token price rose by 10% after an attacker proposed to reverse the malicious changes made to the Tornado Cash’s DAO governance state.<\/p>\n\n\n\n

10) Web3 move-to-earn app STEPN integrates Apple Pay for in-game purchases [CoinDesk]<\/a><\/p>\n\n\n\n

– STEPN, a Web3 move-to-earn game, has integrated Apple Pay, allowing users to purchase in-game NFT sneakers without a crypto wallet.<\/p>\n","protected":false},"excerpt":{"rendered":"

Coinbase expands subscription service outside U.S.<\/p>","protected":false},"author":256897719,"featured_media":2454,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_oasis_is_in_workflow":0,"_oasis_original":0,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"page_builder":"","_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[1,132582],"tags":[],"class_list":["post-1122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","category-market-decoded"],"acf":[],"jetpack_shortlink":"https:\/\/wp.me\/pg7Ide-i6","jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/insights.digift.io\/wp-content\/uploads\/2023\/05\/DigiFT-Weekly-19-May.jpg?fit=1173%2C620&ssl=1","_links":{"self":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/1122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/users\/256897719"}],"replies":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/comments?post=1122"}],"version-history":[{"count":2,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/1122\/revisions"}],"predecessor-version":[{"id":1129,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/1122\/revisions\/1129"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/media\/2454"}],"wp:attachment":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/media?parent=1122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/categories?post=1122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/tags?post=1122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}