Search results: Hong Kong

Bitcoin and Ether were both gaining in Monday morning trading in Asia, as were all other top ten cryptocurrencies by market capitalization, excluding stablecoins.

Institutional adoption of Web3 in finance means getting traditional banks involved, which will in turn reshape the way banks work, says SC Ventures’ Alex Manson.

Bitcoin fell, but traded back above the US$19,000 support level in Friday morning trading in Asia. Ether lost ground along with most other top 10 cryptocurrencies by market capitalization, excluding stablecoins, but leading memecoin Dogecoin rose and Tron also edged higher. See related article: Twitter user prevents 200 billion BitBTC bridge exploit, highlighting major vulnerability […]

The crypto market continued its sluggish performance during Thursday evening trading in Asia, with Bitcoin and Ether lower and XRP’s 0.63% rise marking the biggest gain among the top 10 cryptocurrencies by market capitalization, excluding stablecoins. See related article: Japan eases token vetting process to expand crypto offerings: report Fast facts Bitcoin fell 0.35% in […]

Fidelity Digital Assets will allow clients to trade Ether from Oct. 28, according to a company email shared by Fidelity’s customers via Twitter. See related article: Fidelity considers Bitcoin trading on brokerage platform: WSJ Fast facts Institutional investors will be able to buy, sell and trade ETH, the second-largest cryptocurrency by market cap. “With the […]

Bitcoin and Ether both fell in Thursday morning trading in Asia and with the exception of stablecoins, all other top 10 cryptocurrencies by market capitalization lost ground.

Top blockchain and crypto news: Mark Zuckerberg’s empty metaverse. South Korea to roll out blockchain IDs. Macau bets on digital money.

Bitcoin also received additional entries to the annual list, now a record holder for the “oldest cryptocurrency,” the “most valuable cryptocurrency” and the “first blockchain.”

Bitcoin fell in Wednesday afternoon trading in Asia along with the top 10 cryptocurrencies by market capitalization, excluding stablecoins, with XRP holders suffering the steepest losses at 3.93%.

The perpetrator of the US$9.1 million Moola Market exploit returned close to the entirety of the loot in exchange for an undisclosed ransom on Wednesday, according to the project’s social media update.   See related article: ‘Hacktober’ continues with US$1 mln taken from BitKeep token swap service Fast facts Decentralized finance (DeFi) project Moola Markets announced […]

The blockchain network was built by former members of the Meta stablecoin project, with well-known investors and considerable buzz as the new ‘Solana killer.’

This isn’t the first time the bloc has examined cracking down on Bitcoin mining, and it comes amid a growing push from regulators to examine the industry’s carbon footprint.

Bitcoin and Ether both fell in Wednesday morning trading in Asia amid news the European Union is considering a bill to restrict the mining of energy-intensive cryptocurrencies, such as Bitcoin. Most of the rest of the cryptocurrency top 10 by market capitalization, excluding stablecoins, also declined, with the exception of Polygon. See related article: Bitcoin, […]

The first XRP Ledger (XRPL) Ethereum Virtual Machine (EVM) compatible sidechain has gone live on the parallel test network, XRPL Devnet, Ripple developers announced on Monday.

Markets: Bitcoin price rises amid sweeping gains across top 10 crypto, Polygon increases 7%

“No finders keepers’ law”: Coinbase considers legal action against some 1,000 users in east Europe’s Georgia who took advantage of a pricing glitch on the platform.

Bitcoin and Ether rose as all top 10 tokens by market capitalization, excluding stablecoins, gained in Tuesday morning trading in Asia. Polygon led the list. Solana followed on news a leading non-fungible token (NFT) marketplace will suspend transaction fees. See related article: Gold commodities market could enter the blockchain, according to new industry initiative Fast […]

Bitcoin inched up slightly Monday, with the majority of the top 10 cryptocurrencies by market capitalization remaining stable, the only considerable price change coming from XRP’s 3% drop.  See related article: South Korea seeks software to track US$7.2B in illegal crypto Fast facts Bitcoin rose 0.83% in the past 24 hours to trade at US$19,296 […]

Bitcoin and Ether were trading higher along with top 10 tokens by market capitalization excluding stablecoins in Monday morning trading in Asia, as the world’s largest cryptocurrency remained above US$19,000. XRP was the only token on that list to fall. See related article: Ethereum supply would have grown by 350,000 tokens under PoW Fast facts […]

A recent token launch on Ethereum pushed the network into a deflationary state and the blockchain’s shift to PoS may lower supply even further.

Bitcoin rose in Friday evening trading in Asia to jump past its US$19,000 support line, with Ether and all other top 10 cryptocurrencies by market capitalization gaining, led by XRP.  See related article: Ethereum price undervalued since The Merge: report  Fast facts Bitcoin gained 3.33% in the past 24 hours to trade at US$19,647 at […]

Decentralized finance sites are the preferred choice of hackers as crypto heists look to be on course to hit a record high this year.

Bitcoin traded back above US$19,000 in Friday morning trading in Asia, rebounding with U.S. equities from a sharp drop that followed a September inflation reading in the U.S. Consumer Price Index (CPI) report on Thursday that was higher than expected. BNB and memecoin Shiba Inu were two other tokens among the top 10 by market […]

Bitcoin dropped 3% after the U.S. Bureau of Labor Statistics (BLS) reported that the consumer price index (CPI), a key inflation indicator, rose 0.4% in September from August.  See related article: Fed’s inflation fight batters crypto market as pressure mounts Fast facts The largest cryptocurrency by market capitalization traded at US$18,432 at 10:30 p.m. Hong […]

Bitcoin dipped but just held the US$19,000 support line in Thursday evening trading in Asia. Excluding stablecoins, all other cryptocurrencies on the top 10 list by market capitalization fell. Cardano led the declines. See related articles: Judge grants amicus requests to support Ripple in lawsuit with SEC Fast facts Bitcoin fell 0.52% in the past […]

Binance Global Inc., the operator of the world’s largest cryptocurrency exchange, says it successfully completed a hard fork of its BNB Smart Chain (BSC) network around 5 p.m. Hong Kong on Wednesday. See related article: Binance to hard fork BNB Smart Chain amid heated debate around decentralization Fast facts A hard fork is a split […]

Bitcoin gained in Thursday morning trading in Asia, with the world’s largest cryptocurrency holding above support at US$19,000. Ether, second on the list of top 10 cryptocurrencies by market capitalization, excluding stablecoins, also gained. Other coins on the top 10 moving higher included Solana, XRP and Tron. Cardano fell. See related article: Binance to hard […]

Top blockchain and crypto news: Binance puts brakes on BNB Chain theft. Will quantum computing kill crypto? Huobi sells up.

Bitcoin inched up today to remain above the US$19,000 support line amid mixed results among the top 10 cryptocurrencies by market capitalization, excluding stablecoins, led in gains by Tron. XRP rebounded from losses yesterday. See related articles:  Binance to hard fork BNB Smart Chain amid heated debate around decentralization  Fast facts Bitcoin gained 0.17% in […]

The crypto world has been watching how one of the world’s largest blockchains responds to a hack last week and the questions it raises about the state of decentralization in the industry.

District Judge Analisa Torres of the U.S. District Court for the Southern District of New York has granted I-Remit and TapJets’ requests to file amicus curiae briefs in support of Ripple Labs, following a rejection of objection by the Securities and Exchange Commission (SEC). See related article: Ripple slams SEC’s opposition to brief motions in […]

Crypto asset manager Valkyrie will liquidate its Balance Sheet Opportunities exchange-traded fund (ETF) at the end of October and then delist from Nasdaq.See related article: What the Bitcoin futures ETF bonanza means for investors Fast facts See related article: Markets: Bitcoin price falls with Ether. Doge sole gainer in top 10 cryptocurrencies

Mango Markets, a decentralized platform hosted on the Solana blockchain, was exploited for over US$100 million. See related article: What is the Solana ecosystem and how is it fueling SOL’s stratospheric rise? Fast facts Mango’s token MNGO was severely impacted, dropping 42.9% in the past 24 hours to US$0.023 as of 11:15 a.m. in Hong […]

Bitcoin fell but held above US$19,000 in Wednesday morning trading in Asia as the world’s leading cryptocurrency continued its month-long dalliance with that support level. Excluding stablecoins, most of the top ten cryptocurrencies by market capitalization fell, led by Solana. Dogecoin was the only token on the list to gain ground. See related article: BNB […]

Bitcoin briefly fell below US$19,000 in trading in Asia on Tuesday for the first time this month amid losses across the top 10 cryptocurrencies by market capitalization, excluding stablecoins. XRP led the losers. See related articles: Two firms seek to weigh in on XRP lawsuit between SEC, Ripple Fast facts Bitcoin fell 1.73% in the […]

Companies in Shenzhen in mainland China made up one-third of the transaction volume in a cross-border central bank digital currency (CBDC) bridge pilot project, according to a report by Chinese media outlet 21Caijing, citing Shenzhen’s local financial authority. See related article: Australia Senator proposes regulating Chinese banks in country using e-CNY  Fast facts See related […]

Non-fungible tokens (NFTs) can be used to preserve and spread fine art and cultural heritage, tapping into new generations of audiences and patrons, said stakeholders.

Bitcoin and Ether fell along with all other top ten cryptocurrencies by market capitalization in Tuesday morning trading in Asia, with the world’s largest cryptocurrency barely holding at the support line of US$19,000, a mark it has fluctuated around for much of the past month. See related article: Markets: Bitcoin rises but remains below US$20,000; […]

Through quick identification and cooperation of network validators, most funds were saved in last week’s BNB Chain exploit.

Crypto exchange Huobi Global announced the formation of a five-member global advisory board after Hong Kong-based asset management firm About Capital Management purchased a majority stake of the exchange. See related article: Huobi looks to sell stake that values exchange at US$3 bln, Bloomberg reports  Fast facts See related article: Huobi is third global exchange […]

Bitcoin has gained slightly but was still trading below US$20,000 on Monday morning in Asia, having fallen below that support line late last week after fluctuating around that level for most of the past month. Ether and the rest of the crypto top 10 by market capitalization also rose slightly, with XRP seeing by far […]

The Reserve Bank of India (RBI) will soon begin to pilot the digital rupee for specific use cases, it said in a concept note on its central bank digital currency (CBDC). See related article: Sweden’s central bank to test use of retail CBDC for instant payments Fast facts India’s central bank said in the concept […]

Bitcoin fell in Friday evening trading in Asia to dip below the US$20,000 support line as the top 10 cryptocurrencies by market capitalization lost ground, led by Dogecoin and BNB. See related articles: Markets: Bitcoin dips; BNB drops on chain glitch; Ether, XRP little changed Fast facts: Bitcoin lost 1.39% in the past 24 hours […]

Binance’s BNB Chain has come back online after being suspended earlier in the morning when an exploit was identified, the blockchain announced on Twitter on Friday afternoon in Asia. See related article: Binance suspends BNB blockchain on potential exploit; Peckshield reports US$572 mln hack Fast facts Changpeng Zhao, cofounder and chief executive officer of Binance, […]

The BNB Chain — the blockchain operated by the world’s largest crypto exchange, Binance Global Inc. — has suspended operation as developers have identified a potential exploit on the network, according to an official Binance Twitter account. See related article: Chainalysis says $2 bln stolen in cross-chain bridge hacks this year, more expected Fast facts […]

Bitcoin dipped under the US$20,000 support line in Friday morning trading in Asia, a price it has repeatedly fluctuated around for several weeks. Ether, the second largest token by market capitalization, was little changed and up about 2% on the week. Most other coins in CoinMarketCap’s top 10 by market capitalization were flat to lower. […]

Bitcoin gained in Thursday evening trading in Asia and remained above US$20,000. Ether values fluctuated in the day but eventually rallied. Of the top 10 cryptocurrencies by market capitalization, XRP led gains while stablecoins Tether and Binance USD declined on the day. See related articles: Markets: Bitcoin dips but holds above US$20,000, Ether falls, XRP […]

Original artworks are being set on fire and destroyed to be digitally reborn on the blockchain as non-fungible tokens. But, how far is too far in this recent incendiary trend?

Bitcoin fell in Thursday morning trading in Asia but held above the US$20,000 support line. Ether also lost ground. XRP was the only token in the cryptocurrency top 10 by market capitalization to gain. See related article: Is crypto money? A South Korean court says no Fast facts Bitcoin fell 0.9% in the past 24 […]

Panelists at Forkast’s live-streamed event ‘Crypto Rising: The Role of Law: An International Debate post Tornado Cash’ co-hosted by the Crypto Council for Innovation (CCI) said attempting to regulate DAOs highlights the shortcomings of international enforcement.

Panelists at Forkast’s live-streamed event ‘Crypto Rising: The Role of Law: An International Debate post Tornado Cash’ co-hosted by Crypto Council for Innovation (CCI) said the significance of the sanctions could not be understated.

Bitcoin was trading above US$20,000 in Wednesday morning trading in Asia after struggling to break that resistance level for much of the past three weeks. The world’s largest cryptocurrency rose along with Ether and the rest of the crypto top 10 by market capitalization, with Dogecoin posting the most significant gains. See related article: Markets: […]

Bitcoin continued trading above US$19,000 in Tuesday afternoon trading in Asia, rising above US$20,000 before declining. Ether and most of the other top 10 coins by market capitalization gained. See related article: Markets: Bitcoin price rises above US$19,000, Ether and rest of crypto top 10 gain Fast facts Bitcoin rose 3.85% in the past 24 […]

China spent billions on its ‘belt and road’ infrastructure network to expand trade so what are its plans for a domestic and international digital infrastructure built on blockchain?

Bitcoin rose above US$19,000 in Tuesday morning trading in Asia, with Ether and the rest of the top 10 cryptocurrencies by market capitalization gaining. The moves reflected strong gains in U.S. equity indexes on Monday after rounding out September with significant losses. See related article: Markets: Bitcoin price falls below US$19,000, XRP down, BNB only […]

Reality TV star Kim Kardashian has been fined US$1.26 million by the U.S. Securities and Exchange Commission (SEC) for promoting EthereumMax (EMAX) tokens on her Instagram account without disclosing the US$250,000 payment she received for the endorsement. See related article: Bollywood megastar Amitabh Bachchan ponies up tax on NFT sale Fast facts The SEC said […]

Bitcoin miner reserves are at their lowest level since February 2010, showing miners offloading their holdings, according to data from IntoTheBlock. See related article: Bitcoin mining difficulty drops 2% after reaching all-time high in last adjustment Fast facts There were 1,908,672 BTC in miners’ reserves on Friday, down from 2,030,434 BTC at the end of […]

Cross-chain DEX (decentralized exchange) aggregator Transit Swap was exploited, resulting in US$23 million lost funds, crypto auditor SlowMist said on Sunday. The hacker has returned 70% of the stolen funds, Transit Swap said on the same day. See related article: Nomad’s US$200 million hack; Saylor steps down  Fast facts See related article: Why blockchain bridges […]

Bitcoin was back under US$19,000 in Monday morning trading in Asia, a level it has fluctuated around for most of the past two weeks, boxed in by global macroeconomic concerns that have also hit equity markets. Ether also fell. BNB was the only gainer among the top 10 cryptocurrencies by market capitalization. See related article: […]

Bitcoin and Ether rallied in late afternoon trading in Asia to rise over 1% as all top 10 cryptocurrencies by market capitalization gained. See related article: Markets: XRP jumps amid court ruling against SEC, Bitcoin gains, Ether sole loser in crypto top 10  Fast facts Bitcoin rose 1.35% to trade at US$19,569 at 4 p.m. […]

The price of XRP rose after a U.S. federal judge Thursday overruled the Securities and Exchange Commission’s (SEC) objections to orders that asked the securities watchdog to disclose drafts of a 2018 speech made by former agency director William Hinman, in its lawsuit against Ripple Labs Inc. See related article: SEC files brief on Hinman […]

Binance, the world’s largest cryptocurrency exchange, has launched its mining pool service for Ethereum Proof-of-Work (ETHW), a forked version of Ethereum. See related article: Ethereum says Merge upgrade successfully completed, more to come Fast facts Binance Pool said on Thursday that it offers zero pool fees for the ETHW pool during a promotion period until […]

The number of newly-registered Ethereum Name Service (ENS) addresses in September reached a monthly all-time high of 427,325 at the time of publication, despite total NFT trading volume falling 97% from January when sales peaked, according to data from Dune Analytics, a crypto analysis site. See related article: ENS domain name expires as developer is […]

Bitcoin edged higher to remain above US$19,000 in early Friday morning trading in Asia, after fluctuating around that resistance level all week. Ether dipped, while XRP led the gainers among the cryptocurrency top 10 by market capitalization. See related article: Markets: Bitcoin, Ether rise; BNB leads gainers in top 10 crypto, followed by Solana Fast […]

Interbank messaging system SWIFT has partnered with crypto data provider Chainlink for an initial proof of concept to use cross-chain interoperability protocol (CCIP) for on-chain token transfers, Sergey Nazarov, Chainlink’s cofounder announced at the SmartCon 2022 conference on Wednesday.  See related article:  Chainlink joins Hedera council in push to link DeFi with traditional finance Fast […]

The second Forkast report on Asia Crypto Week’s anchor event explores what bets TradFi players are making, how Asian investment patterns differ from those elsewhere, and what cooperation between crypto companies and regulators should look like

Bitcoin and Ether rose over 2% in Thursday afternoon trading in Asia as most of the top 10 cryptocurrencies by market capitalization rebounded from Wednesday’s losses. See related article: Markets: Bitcoin, Ether rise; BNB leads gainers in top 10 crypto, follows by Solana Fast facts Bitcoin gained 2.95% in the past 24 hours to trade […]

Bitcoin mining difficulty dropped 2.14% on Wednesday, after reaching an all-time high in the previous adjustment on Sept. 14, according to data from BTC.com. See related article: Bitdeer leads US$250 mln fund to acquire assets from distressed miners: report Fast facts The mining difficulty reading, which marked the first decline in about two months, was […]

Sveriges Riksbank, Sweden’s central bank, is teaming up with peers in Israel and Norway and the Bank for International Settlements (BIS) to test instant payments via retail cross-border central bank digital currency (CBDC), according to a press release on Wednesday.  See related article: Warnings on crypto, Bitcoin have materialized, says central bank body BIS  Fast […]

Bitcoin recovered above US$19,000 in early Thursday morning trading in Asia, after fluctuating around that resistance level for the past week. Ether also moved higher, while BNB led the gains in the cryptocurrency top 10 by market capitalization, all of which rose. See related article: Markets: Bitcoin price back under US$20,000, Ether little changed, XRP […]

Top blockchain and crypto news: Digital dollar didgeridoos. Bitcoin softens as sterling sinks. ‘World’s dumbest’ crypto criminals nabbed in China.

Bitcoin and Ether fell as much as 7% in afternoon trading in Asia as the top 10 cryptocurrencies by market capitalization lost ground across the board. XRP slid to erase most of its gains from the past week as optimism faded for any early resolution to its lawsuit with the US Security and Exchange Commission. […]