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| Anchorpoint and HSBC win Hong Kong’s first stablecoin licenses |
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April 10, 2026 |
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Your Daily Digest of the π₯Hottest News in Crypto |
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Today’s top storiesπ Old Bitcoin whales move $271M in BTC as profit-taking returns
π Hong Kong favors bank-linked stablecoin issuers in cautious first licensing batch
π Researcher proposes quantum-safe Bitcoin transactions with no protocol upgrade
π° Keep reading for all of today’s biggest headlines
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Old Bitcoin whales sold $271M in BTC: Is crypto rally at stake?Bitcoin investors who have held coins for more than seven years sold about $271 million in BTC on Sunday, echoing a similar “OG whale” profit-taking wave seen in January that preceded a notable pullback. This time, onchain data suggests the market is better positioned to absorb the supply, with long-term holders’ net positions turning positive and accumulating cohorts expanding to roughly 4.5 million BTC. Analysts point to indicators consistent with accumulation and easing forced selling, implying Bitcoin may be able to hold the $70,000–$72,000 range despite the whale sales.
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Hong Kong grants first stablecoin licenses to Anchorpoint and HSBCHong Kong has issued its first stablecoin issuer licenses under the HKMA’s new regime, approving Anchorpoint Financial and HSBC’s Hong Kong banking arm. The initial approvals suggest a cautious rollout that favors bank-linked, institution-backed issuers after the regulator missed an earlier March target for licensing. The framework, in effect since Aug. 1, 2025, requires fiat-referenced stablecoin issuers to meet rules on reserve backing, redemption, governance, and AML, and gives the HKMA enforcement powers, with licensed operations expected to launch in the coming months.
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Bitcoin can be made quantum-safe without protocol upgrade: ResearcherA Bitcoin researcher has proposed a “Quantum Safe Bitcoin” transaction scheme that could make certain Bitcoin transactions resistant to quantum attacks without any protocol upgrade, by using a hash-to-signature brute-force puzzle that even quantum computers can’t efficiently shortcut. The approach works within legacy scripting but is expensive—estimated at $75–$150 in GPU compute per transaction—and complex, making it practical mainly for large-value transfers rather than everyday use. Critics note it doesn’t address exposed public keys or vulnerable dormant wallets (including early P2PK coins), and the authors emphasize it’s a stopgap while protocol-level quantum-safe signature upgrades remain the preferred long-term solution.
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PRIVACY & SECURITY |
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The fake website that led to an arrest: Inside the CoinDCX impersonation caseA CoinDCX impersonation scam shows how low-tech fraud can be highly effective in crypto. A 42-year-old insurance consultant in Mumbra alleged he was cheated of 7.16 million rupees after being lured by promises of 10%–12% monthly returns and an investment model presented as linked to CoinDCX—when in fact he was interacting with a fake domain, coindcx.pro, not the real coindcx.com. The complaint initially escalated into police action that led to the arrest of CoinDCX co-founders before the case was recognized as brand impersonation. A Thane court later granted bail and noted no prima facie case against the founders, concluding the victim had dealt with impersonators supported by a broader fake ecosystem (websites, Telegram channels, social media). CoinDCX says it has reported over 1,200 fake sites and has launched a Digital Suraksha Network to improve fraud prevention and user awareness.
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