Altcoins
OKX’s OKB, OKT tokens surge at least 13% each after 85% quarter
OKB, the utility token of OKX, jumped by up to 15% during Asia trading hours on Monday. OKT, the native token of the OKX Chain, was up 13%.
Danny Park
Contributor
Danny Park
Danny is a journalist at Forkast.News. Originally from South Korea, Danny has produced content for media companies in Korea, Hong Kong and China. He holds a Bachelor of Journalism and Business Marketing from the University of Hong Kong.
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Altcoins
Markets: Bitcoin, Ether inch up; XRP biggest loser among top 10
Bitcoin and Ether prices gained on Friday morning in Asia, while other top 10 cryptocurrencies by market capitalization were mixed.
Danny Park
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Bitcoin News
Late Nexon CEO’s US$6.7 mln crypto stolen; hacker gets six years in prison
A group of S.Korean hackers stole 8.5 billion Korean won (US$6.7 million) worth of cryptocurrencies from Kim Jung-ju, the late founder of Nexon.
Danny Park
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Metaverse Platforms
South Korea keeps betting on the metaverse, ignoring the current clunky technology
South Korea took a real shine to the metaverse in 2022, with the central government, regions and cities all interested in getting a piece of the virtual reality pie, despite criticism that the technology has a long way to go.
Danny Park
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Metaverse Platforms
Japan game maker Gumi strikes US$52 mln metaverse deal with Square Enix, SBI
Japan-based game company Gumi has announced a business alliance with Square Enix SBI Holdings to grow its metaverse business.
Danny Park
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Altcoins
Markets: Bitcoin, Ether fall; Solana, Cardano show bigger losses
Bitcoin and Ether fell on Thursday morning in Asia. Solana lost 11% of its value, the steepest drop among top 10 non-stablecoin cryptocurrencies.
Danny Park
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Regulation
British Columbia suspends new electricity connections for crypto miners
British Columbia has paused new electricity connection requests from crypto miners for 18 months to support the province’s climate action.
Danny Park
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Regulation
U.S. authorities say two FTX, Alameda executives have pleaded guilty to fraud
Caroline Ellison and Gary Wang, two integral members of the Sam Bankman-Fried now collapsed cryptocurrency businesses, are cooperating with prosecutors.
Danny Park
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Bitcoin News
FTX says it has over US$1B in cash assets
The new restructuring team of FTX has reportedly located over US$1 billion in cash assets that are held in U.S. financial institutions.
Danny Park
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Regulation
FTX founder Sam Bankman-Fried set to return to the U.S. on Wednesday
Sam Bankman-Fried, former CEO of FTX, has signed documents in the Bahamas for extradition and is scheduled to the U.S. on Wednesday.
Danny Park
