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Crypto Fraud and Asset Recovery Network in U.K. launches Hong Kong chapter, Bitcoin regulated by international monetary laws, gold coin next to gavel, Crypto Fraud and Asset Recovery Network in U.K. launches Hong Kong chapter

Crypto Fraud and Asset Recovery Network in U.K. launches Hong Kong chapter

The Crypto Fraud and Asset Recovery Network (CFAAR), which calls itself the first global network of its kind, has launched a Hong Kong-based chapter in collaboration with seven local finance, law, and crypto regulation experts.  See related article: Australia establishes federal crypto police unit Fast facts The Crypto Fraud and Asset Recovery network began in […]
Terraform Labs CEO Do Kwon in front of a wooden judges gavel on a law book | Securities or not? South Korea to evaluate Terra’s LUNA token | south korea terra luna, terra luna news, terra luna investigation, do kwon

Securities or not? South Korea to evaluate Terra’s LUNA token

Identifying characteristics of securities in Terra’s tokens could help South Korea with new charges on Terraform Labs and CEO Do Kwon.
Bored Ape Yacht Club

Fungible after all? Duplicates may disrupt NFT industry after Ethereum Merge

The Merge is the most anticipated event in the crypto industry in years, but could the multibillion dollar non-fungible token industry become an unexpected casualty?
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Ether Golden

Markets: Bitcoin, Solana continue rally, Ether slips in anticipation of Merge

Bitcoin and Solana continued their rallies in Tuesday afternoon trading in Asia, both up over 10% in the past week. However, Ether continued to slip as the market awaited the upcoming Etherium “Merge.”  See related article: Markets: Bitcoin, Solana lead gains in crypto top ten, Ether slips ahead of Merge Fast facts Bitcoin was up […]
asset tokenization

Tokenized assets may make up 10% of global GDP by 2030: report

Tokenized assets are expected to expand into a US$16 trillion business opportunity by 2030 — making up 10% of global GDP by the end of the decade — from US$310 billion in 2022. This is according to a new report by global consulting firm BCG and the digital exchange for private markets ADDX. See related […]
singapore MAS crypto

Singapore central bank says data on crypto holdings by general public not available

The Monetary Authority of Singapore (MAS) said it is unable to determine the proportion of cryptocurrency holdings by the general public in the city-state as these include transactions with both Singapore-based as well as overseas service providers.   See related article: Singapore’s MAS says needs to do better job explaining crypto policy Fast facts “Data on […]
Huobi

Huobi to delist ‘privacy tokens’ including Monero, citing regulatory pressure

Crypto exchange Huobi has ceased topping-up service for seven kinds of privacy-focused tokens on its exchange as it prepares to delist the tokens on Sept. 19, citing regulatory concerns. See related article: Privacy protocol Monero completes upgrade to make transactions more private Fast facts See related article: Huobi-incubated Chinese NFT platform iBox ends international operations
Ether Golden

All aboard the good ship Ethereum for The Merge. Next stop? 

The most critical upgrade in Ethereum’s history is just around the corner, so what will it mean for prices of cryptocurrency?
drinking coffee in a takeaway cup in a cafe 2022 11 17 09 21 25 utc

Starbucks brewing NFT customer loyalty platform, so are smaller coffee shop chains

The largest coffeehouse chain in the world recently announced a new non-fungible token platform, while other coffee chains have eyed the technology long before.
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Ripple Vs SEC Images

Ripple opposes SEC request to seal expert witness identities in XRP lawsuit

Cryptocurrency firm Ripple Labs filed a letter of response on Monday to oppose the U.S. Securities and Exchange Commission’s request to seal portions of legal filings that contain information identifying the SEC’s proposed expert witnesses, as the SEC’s lawsuit against Ripple Labs drags on. See related article: SEC seeks to seal information exposing expert witness […]
Ethereum coin (left), Merge sign in highway (right)

Why Ethereum Merge won’t be able to overcome the ‘Scalability Paradox’

Ethereum’s completion of its much anticipated ‘Merge’ this week will unlikely improve the network’s long-term speed or scalability, writes Mark Lurie of Shipyard Software. Why is this so, and why will it still be good for innovation?
Fidelity considers Bitcoin trading on brokerage platform: WSJ

Fidelity considers Bitcoin trading on brokerage platform: WSJ

The financial services giant Fidelity Investments is considering a move that would allow its individual brokerage customers to trade Bitcoin (BTC), according to a Wall Street Journal report.  See related article: Fidelity’s crypto arm wants to add Ethereum trading, plans hiring spree Fast facts The WSJ cited “people familiar with the matter” and a statement […]
Bitcoin

Markets: Bitcoin, Solana lead gains in crypto top ten, Ether slips ahead of Merge

Bitcoin rose to hold its gains above US$22,000 in Tuesday morning trading in Asia, a price it crossed on Monday for the first time in three and half weeks. Ether slipped, while Solana posted the largest gains among the top ten tokens by market capitalization. See related article: Markets: Bitcoin sole gainer in crypto top […]
WazirX account freeze ends, Nichal Shetty smiles beside a picture of a magnifying glass placed on top of finance documents

WazirX resumes banking operations after account freeze lifted

India’s financial crime fighting agency has allowed WazirX to resume banking operations after unfreezing its bank accounts, the crypto exchange said on Monday. See related stories: India’s WazirX says it has no-tolerance policy on illegal activities Fast facts WazirX, one of India’s largest crypto exchanges by trading volume, said in a statement that its active […]
Women in web3 changemaker's list banner and logo | NEAR Foundation, Forkast announces Women In Web3 winners | women in web3, near foundation, forkast news, female leaders in blockchain

NEAR Foundation, Forkast announces Women In Web3 winners

The eleven winners highlight the achievements and importance of women in the burgeoning Web3 space.
Hyperledger Foundation Member Summit

Central banks of France, Nigeria latest to join Hyperledger Foundation

Banque de France and the Central Bank of Nigeria will headline the newest batch of eight members joining the Linux Foundation’s enterprise blockchain ecosystem, the Hyperledger Foundation. See related article: Back to the future: Blockchain returns to the real world Fast facts See related article: How enterprises are fueling blockchain adoption among SMEs
Hooded computer hacker hacking network

Hacks, losses in cryptocurrency offer vast opportunity for insurers

Cryptocurrency-related insurance is a vast untapped market, with less than 1% of crypto investments covered amid hacks and losses in the industry running into the billions of dollars, Cointelegraph reported, citing an executive from decentralized insurance protocol InsurAce. See related article: DeFi insurance: Why buy coverage for your digital assets? Fast facts Dan Thomson, the […]
Cryptocurrency golden bitcoin image for crypto currency

Markets: Bitcoin trades above US$22,000, Ether slips back, Solana rises

Bitcoin rose back above US$22,000 in Monday afternoon trading in Asia, while Ether slipped. Solana saw the second-biggest gain among the 10 largest coins by market capitalization after Bitcoin, while the rest of the top 10 were little changed. See related article: Markets: Bitcoin sole gainer in crypto top ten, Ether dips, Polkadot leads losers […]
gold metallic ethereum on electronic circuit motherboard

Ethereum has had problems since its inception. Will the ‘Merge’ solve them?

Ethereum has long grappled with centralization, which the Merge will unlikely address in a meaningful way, writes Daniel Dizon of Swell Network.
close up of on a blue coin ethereum logo | How are crypto exchanges handling Ether post-Merge? There is a chart for that | ethereum the merge, ether merge news, ethereum news, vitalik buterin

How will crypto exchanges handle Ether post-Merge? Alphalab has a chart for that

Singapore-based crypto trader Alphalab Capital put together charts to show investors how different exchanges plan to handle Ether after the Merge. Note, some exchanges declined to comment.
Ripple Vs SEC Images

SEC seeks to seal information exposing expert witness identities in XRP lawsuit

The U.S. Securities and Exchange Commission has filed a motion seeking to seal portions of the filings that contain information identifying the SEC’s expert witnesses in its lawsuit against Ripple Labs. See related article: SEC, Ripple take XRP lawsuit battle to media as well Fast facts The SEC wrote in the motion on Friday that […]
e-CNY

China wants unified QR code systems for digital yuan, central bank official says

China’s central bank is pushing for interconnectivity between its digital yuan and other traditional digital electronic payment tools through universal QR code payments, as the country expands the pilots for its digital currency. See related article: China to speed up, expand digital yuan smart contracts, PBOC official says Fast facts Fan Yifei, a deputy governor […]
A faceless man wearing a hoodie in front of a virtual background | S.Korean man sentenced to four years for sexual abuse in metaverse | south korea metaverse, metaverse sex crime, metaverse sex abuse

S.Korean man sentenced to four years for sexual abuse in metaverse

A South Korean man in his 30s was recently sentenced to four years in prison after producing and storing sexually exploitative content involving minors he lured on the metaverse. See related article: South Korea struggles to prevent sexual harassment of minors in the metaverse Fast facts The man, whose identity was not made public, had […]
garygensler

SEC to open digital asset office as it cranks up regulatory scrutiny of cryptocurrencies

Amid an increased focus on cryptocurrency among global regulators and lawmakers, the U.S. Securities and Exchange Commission (SEC) is launching a new office dedicated to reviewing filings related to digital assets. See related article: MicroStrategy and Michael Saylor sued by District of Columbia for evading taxes Fast facts The SEC is adding the Office of […]
Bitcoin on a tablet

Markets: Bitcoin sole gainer in crypto top ten, Ether dips, Polkadot leads losers

Bitcoin held weekend gains to move toward US$22,000 in Monday morning trading in Asia, while other tokens in the top 10 by market capitalization were flat to lower. Ether slipped, along with Polkadot and XRP. See related article: Markets: Bitcoin, Ether little changed; Polkadot leaps Dogecoin into crypto top ten Fast facts Bitcoin rose 0.3% […]
a woman wearing VR glasses immersed in backlit diffuse liquid

The metaverse is already here. What’s holding back the party?

Interoperability is a key characteristic for the metaverse to be useful, writes Dr. Dimitry Mihaylov of National Univ. of Singapore. But the technology and laws are still lacking.
Bitcoin cryptocurrency gold coin. Trading on the cryptocurrency exchange. Trends in bitcoin exchange rates. Rise and fall charts of bitcoin

Markets: Bitcoin back above US$20,000, Ether rallies, Solana leads gains in Top 10

Bitcoin and Ether rallied in late Friday afternoon trading in Asia, helping drive up the global cryptocurrency market capitalization more than 5% to back above the US$1 trillion mark.  Solana led the gains among tokens in CoinMarketCap’s top 10 by market capitalization.  See related article: Markets: Bitcoin, Ether little changed; Polkadot leaps Dogecoin into crypto […]
US Justice Dept. seizes US$500K from North Korea-backed hackers

US$30 mln seized from North Korea hacking group: report

Over US$30 million worth of cryptocurrency stolen by North Korea-linked hackers has been seized by law enforcement, with the help of crypto organizations like the Chainalysis Crypto Incident Response Team. See related article: North Korea behind Ronin hack: US Fast facts This marks the first time that digital assets stolen from North Korean hacking groups […]
Biden

US raises red flag on crypto mining with concerns over carbon emissions

White House says carbon footprint of crypto industry does not align with goals to decarbonize the economy.
queen elizabeth NFT

Queen Elizabeth artwork NFTs flood into OpenSea marketplace

Demand for non-fungible tokens connected to the late monarch surge along with prices.
dbs metaverse singapore

Asia banking giant DBS jumps into The Sandbox metaverse

The Singapore-based bank said it will buy land in the metaverse to create the ‘DBS BetterWorld’ and build a virtual community.
Bitcoin and money

Markets: Bitcoin, Ether little changed; Polkadot leaps Dogecoin into crypto top ten

Bitcoin and Ethereum were largely unchanged in Friday morning trading in Asia. Polkadot rose to leapfrog Dogecoin into the top 10 list by market capitalization, while Solana posted the biggest percentage gain on the list. See related article: Markets: Bitcoin climbs above $19,000, Ether bounces back, BNB gains on staking Fast facts Bitcoin rose less […]
india IMF crypto

Indian finance minister urges IMF to lead crypto regulation

The International Monetary Fund (IMF) should lead the way in global regulation of crypto assets, India’s Finance Minister Nirmala Sitharaman has urged IMF Managing Director Kristalina Georgieva at their meeting in New Delhi. See related article: Crypto regulation has to ‘take its time’: India FM Nirmala Sitharaman Fast facts At their meeting on Wednesday, they […]
wazirx india crypto

WazirX launches coin reports with data from crypto research firms Crebaco, IntoTheBlock

WazirX, India’s largest crypto exchange by volume, has begun to publish data-driven reports for over 200 coins listed on its exchange, with data from  crypto intelligence firms Crebaco and IntoTheBlock.  See related article: TZ APAC, NUS join for blockchain, computing education Fast facts Research reports by Crebaco published on WazirX aim to help readers understand […]
Markets: Bitcion, Ethereum hold gains, Terra Classic soars, Cryptocurrency Online Marketplace Platform Trading Theme. Charts and Data on the Screen. Conceptual Photo. Modern Decentralized Finance

Markets: Bitcoin, Ethereum hold gains, Terra Classic soars on Luna airdrop

Bitcoin held onto gains above US$19,000 in late afternoon trading in Asia. Ethereum also rallied to post the biggest gain among tokens in CoinMarketCap’s top 10 by market capitalization. Terra Luna Classic surged more than 50%. See related article: Markets: Bitcoin climbs above $19,000, Ether bounces back, BNB gains on staking Fast facts Bitcoin rose […]
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doge2

Elon Musk Dogecoin lawsuit heats up with new parties joining

The US$258 billion lawsuit filed against Tesla CEO Elon Musk by an American Dogecoin investor accusing him of running a Dogecoin cryptocurrency pyramid scheme is heating up as new players are summoned in the case. See related article: Markets: Dogecoin still in the dog house; Bitcoin, Ether make up some ground Fast facts First filed […]
Fed Vice Chair Michael Barr

Fed officials call for stablecoin regulations amid concerns over financial stability

Two U.S. Federal Reserve officials have called for new regulations specifically for stablecoins and reiterated the new asset class holds risks similar to traditional finance. See related article: Financial Stability Board calls for high regulatory standards for stablecoins Fast facts Michael Barr, the Fed’s vice chair for supervision, said on Wednesday at a Brookings Institution […]
Nexo trading platform

Crypto lender Nexo introduces spot, futures trading

Cryptocurrency lender Nexo has launched a spot, margin and futures trading platform for retail clients with the launch of Nexo Pro. See related article: Nexo and Fidelity Digital Assets expand institutional lending services Fast facts The London-based crypto platform aims to offer retail clients access to institutional-grade aggregated liquidity with no minimum funding requirements, the […]
zipmex thai sec

Thai regulator files police complaint against Zipmex for non-compliance

The Securities and Exchange Commission of Thailand (Thai SEC) has filed a police complaint against cryptocurrency exchange Zipmex and Akalarp Yimwilai, cofounder of the company and CEO of its Thai unit, for non-compliance. See related article: Thailand mandates warnings on crypto ads Fast facts In a statement, Thai SEC said it had ordered Zipmex to […]
Alex Mashinsky

Regulator alleges Celsius resembled Ponzi scheme in new filing

A financial regulator in Vermont has all but said that bankrupted Celsius Network LLC resembled a Ponzi scheme at times, alleging the crypto lender had used new investor funds to repay previous investors, as well as misled investors about its financial health and bolstered its balance sheets by using its CEL token. See related article: […]
FTX partnership boosts GameStop shares despite mixed quarterly results, NEW YORK, NEW YORK - JANUARY 27: GameStop store signage is seen on January 27, 2021 in New York City. Stock shares of videogame retailer GameStop Corp has increased 700% in the past two weeks due to amateur investors. (Photo by Michael M. Santiago/Getty Images)

FTX partnership boosts GameStop despite mixed quarterly results

GameStop shares jumped over 11% in after-market trading on Wednesday following an announced partnership with the cryptocurrency exchange giant FTX US, which will focus on “new e-commerce and online marketing initiatives.” See related article: FTX agrees to help South Korea’s Busan build its own crypto exchange Fast facts The announcement came in tandem with GameStop’s […]
businessman with Ethereum and Bitcoin holograms

Why the real Ethereum killer might just be Bitcoin

Bitcoin is the most secure blockchain, and Ethereum’s proof-of-stake move will expose it to more security risks, writes Jagdeep Sidhu of Syscoin Network.
Ethereum money

Markets: Bitcoin climbs above $19,000, Ether bounces back, BNB gains on staking

Bitcoin rose above US$19,000 on Thursday morning in Asia, recovering along with other tokens in the top 10 by market capitalization after a sharp sell off on Wednesday. Ether moved higher after the Binance exchange, the world’s biggest, said it would offer Ether staking, a move that boosted its own BNB token. See related article: […]
ethereum merge staking

SEBA Bank launches Ethereum staking services as ‘Merge’ nears

Switzerland-based SEBA Bank, a global cryptocurrency lender, has introduced Ethereum staking services aimed at enabling clients to earn staking rewards on Ethereum. See related article: Ethereum’s Bellatrix upgrade now live despite concerns Fast facts Ethereum staking services would enable clients to earn rewards on a monthly basis, with adjustable lock-up periods available post-Merge, SEBA Bank […]
Binance pushes out USDC in aggressive move to boost its own stablecoin

Binance pushes out USDC in aggressive move to boost its own stablecoin

Top blockchain and crypto news: USDC gets the boot from Binance. MicroStrategy looks for Lightning strikes. STEPN heads to Hong Kong.
Markets: Bitcoin, Ether fall; Ethereum Class slides nearly 16%, Bitcoin crypto currrency gold coin. Trading on the cryptocurrency exchange. Trends in bitcoin exchange rates

Markets: Bitcoin stays under US$19,000, Ether biggest loser among top 10 crypto

Bitcoin fell further in Wednesday afternoon trading in Asia, while Ether lost the most ground among the top 10 cryptocurrencies by market capitalization. Ethereum Classic fell more than 15%.   See related article: Markets: Bitcoin slumps below US$19,000, Ether drops despite Merge progress Fast facts Bitcoin dropped 5.6% in the past 24 hours to US$18,801.4 at […]
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Orion Nebula

Ethereum’s Bellatrix upgrade now live despite concerns

The second-last upgrade required ahead of “The Merge” has gone live, though some kinks may need to be ironed out before the main event.
Red Date Technology CEO Yifan He spoke at the BSN Spartan Network launch event in Hong Kong on Sept. 6. Image: Ningwei Qin, Forkast

China has seen blockchain’s future and it doesn’t include cryptocurrencies

China’s Blockchain-based Service Network wears two hats in building blockchains: one for business in China and one for everywhere else, but it doesn’t see a role for crypto in either.
South Korean flag close up and low angled | Crypto could pose ‘major’ risk to S.Korea’s financial stability, think tank says | south korea crypto, south korea crypto news, spillover effect

Crypto could pose ‘major’ risk to S.Korea’s financial stability, think tank says

The country’s growing ties to crypto could expose its financial sector to volatility and ‘damage its credibility,’ a researcher says.
A South Korean man walks past a stock index board in Seoul, South Korea | S.Korea to set up securities market for crypto tokens | south korea crypto, south korea securities market, security token

S.Korea to set up securities market for crypto tokens

South Korea’s top financial regulator announced Tuesday a plan to open a separate digital securities market similar to the KOSPI (Korea Composite Stock Price Index), in a move to institutionalize and promote cryptocurrencies. See related article: South Korea’s taxman keeps circling crypto – airdrops look to be the next target Fast facts The planned digital […]
india rbi cbdc

RBI asks 4 state-run banks to test digital rupee, in talks with fintech: report

India’s Reserve Bank of India has asked four state-run banks to test its central bank digital currency (CBDC), due for launch this financial year, even as the central bank seeks a ban on cryptocurrency trading in the country.  See related article: RBI is causing crypto hesitancy among Indian banks Fast facts RBI has chosen the […]
GettyImages 1408617569

New UK PM, finance minister have previously supported crypto, blockchain

Britain’s new Prime Minister Liz Truss has appointed Kwasi Kwarteng, former head of the U.K.’s department for business, energy and industrial strategy, as the new finance minister, charging him with decisions that will impact British and global crypto markets. See related article: Bank of England calls for greater crypto regulation Fast facts Former Finance Minister […]
Davos

World Economic Forum argues for CBDCs, Australia latest to test use-case technology

With over 100 countries experimenting with the technology behind Central Bank Digital Currencies, the World Economic Forum of Davos fame lays out its views on the potential benefits and drawbacks of CBDCs.
crypto bitcoin

Slowdown in crypto interest to continue for rest of the year: KPMG

A slowdown in crypto investment — particularly in firms offering coins, tokens and non-fungible tokens (NFTs) — will continue in the second half of the current year, according to a new report by global audit and consulting firm KPMG.  See related article: Siloed regulatory efforts unlikely to help bring oversight to highly decentralized crypto industry […]
scam crypto bitcoin

Crypto influencer collects, then returns, US$100K from investors in fake scheme

Crypto influencer Fatman Terra pitched his own fake investment scheme on Twitter — and found willing investors instantly — in an attempt to educate people about scams in the industry.  See related article: Terra’s Mirror Protocol fixes exploit that drained more than US$2 million Fast facts “In two hours, I received over one hundred DMs,” […]
Bitcoin

Markets: Bitcoin slumps below US$19,000, Ether drops despite Merge progress

Bitcoin dipped under US$19,000 to the lowest price since mid-June in an across-the-market slump for the top 10 cryptocurrencies by market capitalization in Wednesday morning trading in Asia. Ether also lost ground even though it began one of its last required upgrades on Tuesday before the network Merge expected later this month. See related article: […]
Handcuffs and bitcoins, on a wooden surface

‘Doctor Bitcoin’ claims to be heading to prison for P2P BTC sale

Crypto entrepreneur Mark Hopkins, also known as Doctor Bitcoin” or “Rizzn”, claimed on Twitter that he has been sentenced to six to 15 months in federal prison for allegedly participating in peer-to-peer Bitcoin sales without a federal license. See related article: Tornado Cash arrest heralds storm season for crypto mixers Fast facts P2P sale of […]
Close up View of Brazilian Flag Background

Crypto exchange Bybit barred from brokering securities in Brazil

The Securities and Exchange Commission of Brazil (CVM) has banned Singapore-based cryptocurrency exchange Bybit from brokering “securities” within the country.   See related article: Thailand mandates warnings on crypto ads Fast facts The CVM released a declaratory act, in an announcement on Monday, that ordered the suspension of Bybit’s security offerings and intermediation services directly or […]
Ethereum and Bitcoin gold tokens

Markets: Bitcoin, Ether, Solana, Cardano, XRP extend gains on the day

Prices of Bitcoin, Ethereum, Cardano, XRP and Solana rose on Tuesday afternoon in Asia. See related article: Markets: Bitcoin rises slightly, Ether and Ethereum Classic gain amid price run for alternatives Fast facts Bitcoin rose 0.77% in the past 24 hours as of 4 p.m. in Hong Kong to US$19,906.86. Ethereum saw bigger gains today […]
Changpeng Zhao

Binance move to remove USDC and others raise questions about market conduct

The world’s largest cryptocurrency exchange said the move was designed to “enhance liquidity and capital-efficiency for users.” 
india scam crypto

Indian police arrest alleged crypto trickster in US$31 mln scam: report

Indian police in the state of Maharashtra have arrested a man on charges of cheating 1,441 investors in a fake cryptocurrency scam, according to a local media report.  See related article: Tax authorities recover US$9M from India’s biggest crypto exchanges Fast facts The scam may be in excess of 2.5 billion rupees (US$31.2 million) and […]
Australia establishes federal crypto police unit, handcuffs on the laptop cyber crime concept

Australia establishes federal crypto police unit

The Australian Federal Police (AFP) have set up a crypto crime unit that will trace and seize illicit cryptocurrency linked to money laundering and other criminal activity, the Australian Financial Review (AFR) reported Monday. See related article: Ukraine National Police takes down crypto fraud cybercrime group Fast facts Launched in August, the unit will help […]
Model earns points on the Ifland metaverse | SK Telecom’s Ifland metaverse adds cashable in-app economy | Ifland metaverse, SKT ifland, sk telecom ifland, metaverse economy

SK Telecom’s Ifland metaverse adds cashable in-app economy

The Ifland metaverse, run by South Korean telecommunications giant SK Telecom (SKT), is allowing users to earn money by hosting meetups in the virtual world, the company announced Monday. See related article: South Korea’s Ifland metaverse dives into play-to-earn Fast facts SKT has adopted an “ifland point” system to usher in its metaverse economy — […]
Singapore's DBS commits to crypto offerings despite slump: report

Singapore’s DBS commits to crypto offerings despite slump: report

Singapore’s largest bank, DBS, aims to expand its cryptocurrency and digital assets offerings to 300,000 new clients in the face of the crypto bear market, according to a Financial Times report on Tuesday.  See related article: Why DBS’ move into the digital asset space is more than a token gesture Fast facts In an interview, […]
man playing online games on computer

Why play-to-earn gaming is losing steam and where GameFi must go next

Axie Infinity’s decline shows that earning can’t be everything, writes Riaz Lalani of Gambit Games. What went wrong with P2E and what can we learn from it?
Man holding coal with ETC image

Ethereum Classic surges over 24%, hashrate hits record high

ETC, the token of Ethereum Classic, logged a double-digit gain in the past 24 hours as of Tuesday morning in Asia, while its hashrate hit a record high on Monday as miners look for alternatives in anticipation of the “Merge.” See related article: Markets: Bitcoin rises slightly, Ether and Ethereum Classic gain amid price run […]
Ethereum

Markets: Bitcoin rises slightly, Ether and Ethereum Classic gain amid price run for alternatives

Bitcoin rose slightly in Tuesday morning trading in Asia after falling below the key resistance line of US$20,000 on Monday morning. Ether posted the greatest gains in the crypto top ten by market cap as the rest of that list rose or fell by less than 1%. See related article: Markets: Bitcoin, Ether edge up; […]
bitcoin crypto mining

Poolin pauses withdrawals from Pool Accounts, admits liquidity issues

Poolin has paused withdrawals from its wallets known as “Pool Accounts”, the major Bitcoin and cryptocurrency mining pool said in a statement on Monday. See related article: Poolin partners with crypto trading firm Quant Satoshi to expand US business Fast facts A recent surge in withdrawal demand is the primary root of the mining pool’s […]
pboc

China to speed up, expand digital yuan smart contracts, PBOC official says

Mu Changchun, head of the central bank’s digital currency institute, says the agency is developing a platform to review and register smart contracts for e-CNY, the country’s new digital currency in trial.
Many gold bitcoins staying on reflective surface with a single bitcoin in sharp focus

Markets: Bitcoin stuck under US$20,000, Ether edges up, Cardano slides

Bitcoin edged up in Monday afternoon trading in Asia, but it still traded below the US$20,000 resistance line, a level it has now fluctuated around since late August. Ether rose, along with Solana and Polkadot. Cardano reversed morning gains to trade lower. See related article: Markets: Bitcoin, Ether edge up; Cardano, Solana lead gains in […]
DEFI theme with abstract network patterns and skycrapers

Where will DeFi be after crypto winter ends?

The collapse of Celsius and Anchor wasn’t a failure of DeFi, writes Kaaran Kalantari of WingRiders. They failed to assess risk, and crypto Darwinism took shape.
saudi arabia crypto dubai

New hire in Saudi Central Bank to work on crypto regulations: report

Saudi Arabia’s central bank has appointed Mohsen AlZahrani, a former managing director at consultancy firm Accenture, to head its virtual assets and central bank digital currency (CBDC) initiative, Bloomberg reported. See related article: Governments pushing for CBDCs smell blood in Terra Classic’s struggles Fast facts With the United Arab Emirates aiming to be a global […]

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