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Our 21st century economy still rides on old, slow and costly financial rails. Here’s how blockchain technology can build a network of monetary superhighways.

The UK’s crypto hub dream is coming to life while some attendees of Apefest 2023 in Hong Kong complaint on severe eye pain post-event.

ICBC was disconnected from its trading partners after a cyberattack.

Ether rose to an over six-month high of US$2,045.

FTT rose over 65% despite FTX founder Sam Bankman-Fried’s guilty verdict last week.

The move is part of SC Ventures’ expansion into the United Arab Emirates.

The partnership aims to reduce the high costs and lengthy transfer times associated with traditional remittance payments.

The Simpsons dedicates its annual Halloween special to NFTs, as data signals continued uptrend in the NFT market.

Reddit’s shortsightedness and fixation on profits ultimately led it to pull the plug on Community Points. But here’s why Reddit should still be commended.

Magic Eden Ethereum will be the first major marketplace to contractually obligate creator royalties.

Siu said this marks the crypto industry’s evolution from the FTX collapse and the Terra-Luna meltdown.

SBF is found guilty of fraud, Hong Kong hosts Fintech Week, Neo advances Web3, Backpack launches NFT exchange, and more.

SOL rose over 319% in 2023 so far, despite concerns around FTX’s lawsuit.

Bankman-Fried’s sentencing hearing is scheduled for March 28, 2024.

The new ETF will offer investors short exposure to Ether.

Bankman-Fried trial nears end: defense claims good faith as prosecution alleges misuse of funds.

The collaboration aims to build institutional crypto services in Japan.

Often dismissed as coincidence, October has once again produced an upswing in the crypto market, with excitement around a potential U.S. spot Bitcoin ETF to thank for this year’s ‘Uptober.’

The U.K. intends to introduce rules on fiat-backed stablecoins in early 2024, according to the government’s latest cryptocurrency policy update published on Monday.  See related article: Singapore, Thailand clarify crypto rules; NFTs become new cultural frontier Fast Facts See related article: Blockchain tech in Thailand gets boost from new pro-crypto lead

The move is part of an Asia Pacific expansion effort by the cryptocurrency custodian.

Top blockchain and crypto news: Bitcoin ETF potential pumps life in markets. Ethereum NFTs back on rise. Major industry layoffs continue.

Mastercard’s potential tie up with custody service providers may turbocharge crypto wallets’ growth with its global payments prowess.

Parity CEO Björn Wagner said that despite the need for layoffs, the company’s financial health “remains robust.”

To quell the uproar over the imminent death of a popular rewards program, Reddit is blaming ‘scalability’ and regulatory woes. But the real culprit is Reddit itself for failing to make its tokens sustainable, writes Fabio Galbi, CEO of VSC.

Astar Network and Startale Labs partner with Japanese telecom giant KDDI to boost Web3 adoption.

Binance announced it has secured new fiat partners for euro services after its former partner cut ties with the exchange last month.

The XRP token rose over 6% on the day after the SEC dismissed the charges against Ripple’s top executives.

Grayscale said that its fund is ready to operate as an ETF upon regulatory approval.

Wallet Wars, a Space Invaders-inspired game with a Web3 twist: upgradeable NFT spaceships.”

The central bank said that the preparation phase is not a decision on the issuance of a digital euro.

The U.K. is also listed as the 14th economy on Chainalysis’ Global Crypto Adoption Index.

The new data sharing rules will go into effect 20 days after their publication in the Official Journal.

Nishad Singh testified he bought a house a month before FTX’s collapse despite learning of the exchange’s misuse of customer funds weeks prior.

The SOL token rose over 5% in the 24-hour after the partnership was announced.

Inside the world’s largest crypto exchange’s annus horribilis.

The luxury car maker said it started accepting crypto payments due to popular demand from its crypto investor customers.

Ardoino takes Tether’s helm after serving as the USDT stablecoin issuer’s chief technical officer since 2017.

Crypto is “part of the future,” said Melissa Wisner, vice president of crypto risk at Ciphertrace, during her panel discussion at D3 Bahamas.

Bitcoin was subdued by the mounting geopolitical concerns around Israel’s war with Hamas and the ongoing FTX lawsuit.

Alameda Research reportedly did not know about the misuse of FTX user deposits until last November.

The current crypto bear market caused Coinbase’s trading volume to drop to levels not seen since 2020.

Bahamian Prime Minister Philip Davis said the island nation will continue to be a pioneer in the digital asset space.

The regulator said that DeFi doesn’t pose a risk to financial stability, due to its small size, but said it needs to be monitored in the future.

JPMorgan’s Onyx blockchain showcased near-instant collateral transfer in BlockRock’s tokenized share transaction with Barclays.

Coins.ph joins forces with Circle to introduce USDC remittances, targeting a more efficient and affordable money transfer solution for millions of Filipinos abroad, supporting the UN’s goal of trimming remittance costs by 2023.

Once driven by speculation and vanity car plate-like profile images, NFTs are now becoming more useful — with value that is not captured by market prices.

Caroline Ellison, Sam Bankman-Fried’s ex-girlfriend and former CEO of Alameda Research, details how the trading firm took around $14 billion from FTX customers to repay lenders.

Bitmain, one of the world’s largest Bitcoin application-specific integrated circuit (ASIC) manufacturers, has suspended employee salary payments from September, according to a Tuesday report by China-based tech news outlet Leiphone. See related article: Hamas crypto donation accounts frozen by Israel police Fast Facts See related article: CMCC Global raises US$100 mln to launch Hong Kong […]

South Korea’s cryptocurrency market has bounced back during the first half of this year but is still almost 50% below its value at the end of 2021, according to the Korea Financial Intelligence Unit (KOFIU), a government agency that oversees the nation’s anti-money laundering regime. See related article: Hamas crypto donation accounts frozen by Israel […]

Inflows in cryptocurrency investment products reached US$78 million last week, the highest volume since July, according to crypto asset manager CoinShares.  See related article: Alameda had a US$65 bln line of credit, says FTX co-founder Gary Wang Fast Facts See related article: DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court

Clay Nation, a project of 10,000 non-fungible tokens (NFTs), announced the launch of a new blockchain bridge for Cardano and Polygon networks in The Sandbox metaverse.  See related article: DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court Fast Forkast See related article: NFT creators seek alternatives after OpenSea cuts royalties

Gary Wang, co-founder and former chief technology officer of cryptocurrency exchange FTX, testified on Friday that Alameda Research, the sister trading firm of the exchange, had a special line of credit of up to US$65 billion from FTX, that allowed the firm to spend US$8 billion of customer funds. See related article: Little-known FTX co-founder […]

Bitcoin fell 1.3% in the hour following the U.S. jobs report, fueling market concerns that borrowing costs will remain high over a longer period of time.

Wang admits he implemented special privileges in the exchange’s code to enable Alameda Research to withdraw unlimited funds.

The amount of funds raised by cryptocurrency firms dropped to a three-year low of US$2.1 billion in the third quarter of 2023, according to a new report published by on-chain intelligence firm Messari. See related article: CMCC Global raises US$100 mln to launch Hong Kong Web3 fund Fast Facts See related article: HKEX to launch […]

Hong Kong Exchanges and Clearing Limited (HKEX) announced on Wednesday that it is implementing a smart contract upgrade to its Connect, a system that bridges Hong Kong and China’s stock markets, to enhance post-trade workflows and reduce settlement risk. See related article: SFC to monitor illegal VATP activities with Hong Kong Police Force Fast Facts […]

Cryptocurrencies and NFTs are evolving and carving out distinct niches, prompting a closer look at their diverging paths and the emerging trends in the digital financial landscape.

Bringing together the best parts of centralized and decentralized exchanges, RDEXs also take into account the inevitability of regulations.

Quantum computers may one day crack the cryptographic algorithms that underpin everything from Bitcoin to digital IDs. What can be done to secure Web3’s future?

Top blockchain and crypto news: U.S. lawmakers berate SEC over ETF applications. NFTs down but not dead. Hong Kong sees year’s biggest crypto heist so far.

Bitcoin traded above US$26,300 Thursday morning in Asia after briefly breaching US$26,800. Ether also rose above US$1,600 before falling back.

Toncoin led losses among top 10 cryptos. Bitcoin dropped while Ether rose marginally.

The DeFi giant may have escaped a death spiral, but exploits and code problems like what it recently suffered are more commonplace — and preventable — than what the industry acknowledges.

Amidst the cycles of blossoming and withering in the NFT marketplace, a significant majority of NFTs find themselves succumbing to worthlessness, leaving the persistent 5% to defy the fleeting trends.

Mitsubishi UFJ and Binance Japan will collaborate on the issuance of fiat-pegged stablecoins.

PYUSD’s launch is injecting much-needed trust into crypto’s turbulent landscape, but its current form does not come with any of the benefits of real crypto, writes Danny Chong, co-founder of Tranchess.

Bitcoin remained below the US$27,000 mark, despite significant institutional players, like Japan’s largest bank, Nomura, launching a Bitcoin adoption fund earlier this week.

Blockchain and AI’s synergistic combination will create technology beyond today’s wildest imagination. But true AI-Web3 integration remains a difficult affair.

South Korean investors and corporations hold over 131 trillion Korean won (US$97.9 billion) worth of cryptocurrencies in overseas accounts.

The U.S. SEC will expand its regulatory enforcement onto crypto exchanges, intermediaries and decentralized finance (DeFi) entities.

Bond markets, which go back 400 years, are still bogged down by high costs, delays and a gauntlet of middlemen. Here’s how blockchain technology can reform the sector.

A U.S. federal judge has denied the U.S. Securities and Exchange Commission immediate access to Binance.US’ software, in response to the regulator’s motion demanding more detailed information from Binance and greater availability of its executives for depositions.