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Hong Kong’s legal system provides a solid foundation for crypto-related services, said SEBA Group CEO Franz Bergmueller.

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.

Over 1,000 crypto firms will have to complete their applications by Nov. 17 to avoid regulatory consequences.

The joint study aims to create the infrastructure for issuing regulatory-compliant stablecoins for improved cross-border settlement.

The last time Bitcoin transaction fees were this high was on June 6.

The artificial intelligence service is designed to predict the depegging of stablecoins in 24-hours.

Proof Group is also part of the group that won the bid for bankrupt crypto lender Celsius.

The central bank expects to release the final set of regulations by 2025.

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.

Hong Kong is charging ahead in its digital currency initiatives, but more must be done to address the e-HKD’s environmental impact and security concerns.

Bitcoin was trading above US$34,000, as the decreasing job creation in the U.S. fueled hopes of another interest rate pause.

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

The US$5 million fund aims to help Vauld users who can’t withdraw their assets from the platform.

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

The XRP token now stands to benefit from legal and regulatory clarity in the DIFC, according to the announcement.

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

PayPal said that it is collaborating with the SEC’s request.

The new ETF will offer investors short exposure to Ether.

The registration enables PayPal to advertise its crypto services to U.K. customers.

Tether extends US$610 million loan to boost Northern Data’s AI and Bitcoin mining operations.

Top blockchain and crypto news: Bankman-Fried’s memory lapses, betting on the return of NFTs, ETF dreams and Bitcoin’s Uptober

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.

Circle said the account closures do not apply to businesses or institutional Circle Mint accounts.

This marked Bankman-Fried’s fourth and final day of testimony before Wednesday’s closing arguments.

Colossal failures in online age verification have opened the floodgates for kids to access harmful content and become ‘friends’ with adult strangers. Can encrypted decentralized IDs put a stop to all that?

October sees NFT resurgence with US$300 million in sales despite negative trade profits; SoFi platforms face challenges amid financial scrutiny.

Backpack said it also secured operational licenses in other jurisdictions.

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.’

Prosecutors pointed out inconsistencies in Bankman-Fried’s public statements before FTX collapsed in a four-hour grilling.

The MAS said that its previous tokenization pilots demonstrated great potential benefits of the technology.

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.

The lender, known as K-bank, said it will also open three additional crypto subsidiaries.

Platforms like Facebook, Reddit and the hot mess formerly known as Twitter are alienating users like never before. ‘Web3 doesn’t let you be a dick and get away with it,’ writes Joonatan Lintala, CEO of Phaver.

FTX founder Sam Bankman-Fried denied defrauding anyone as he took to the stand in his criminal trial.

Bitcoin soars to its highest price in a year and a half as Grayscale’s legal victory against the U.S. SEC gets finalized.

Neo’s new sidechain hopes to counter MEV attacks to mitigate exploits and manipulations.

Taiwan’s new bill mandates crypto platform permits, addressing self-regulation gaps.

In a rare move, Judge Lewis Kaplan sent the jury home early so he can decide what is and isn’t admissible in FTX founder Sam Bankman-Fried’s testimony.

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.

Amid Bitcoin’s ‘Uptober’ surge and Friend.tech’s security concerns, traders pivot back to NFTs, spurred by Blur’s rewards end date and potential Bitcoin ETF approvals.

Amid news, fake or otherwise, of an imminent approval for at least one spot Bitcoin ETF, Bitcoin’s price has skyrocketed. Could a year of pain in the crypto industry be over?

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.

Global regulatory pressure on the world’s largest exchange continues to take its toll.

Binance hits back at CFTC, stating U.S. laws can’t police global crypto operations; claims Binance.US operates separately.

As Bitcoin breaks past $35,000, optimism brews in the crypto market. Is this the end of the prolonged ‘crypto winter’ investors have dreaded?

The United States is the region’s top driver of crypto activity.

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

PBOC to crack down on crypto speculation, as Hong Kong restricts access to certain “complex” virtual asset products.

Coins.ph, a cryptocurrency exchange based in the Philippines with millions of users, appeared to have lost 12.2 million XRP tokens, The Block reported on Friday.

The pillars of Wall Street are muscling their way into crypto and decentralized finance. Who stands to benefit the most?

Bitcoin gained over 10% this past week, boosted by Grayscale’s renewed spot Bitcoin ETF application.

Web3 leaders gather in the Future Blockchain Summit in Dubai and we take a deep dive on the woes of crypto’s largest exchange, Binance.

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

LBRY issued a final goodbye to the crypto community before winding down operations.

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

FTX’s former general counsel Can Sun testified he was “shocked” by $7 billion in missing customer funds as the prosecution’s case starts to draw to a close.

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

The lawsuit alleges that the companies defrauded over 230,000 investors.

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

Coinbase said that the regulatory clarity MiCA provides to the industry is “hugely welcome.”

Top blockchain and crypto news: Is Japan a new frontier for Binance? AI art sweeps NFT sales. ETF buzz electrifies Bitcoin.

Taproot Assets will “accelerate the process of bringing Bitcoin to those billions of people,” according to Lightning Labs.

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

The U.S. takes action against 10 Hamas-linked entities, including Gaza-based money transfer business and crypto exchange Buy Cash.

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

The survey aimed to measure the public attitude towards virtual asset investments, following the JPEX incident.

TWT price rose over 15% during the past week, after Trust Wallet announced a major rebranding upgrade.