First ERC-404 passes US$32,000
ERC-404 is a new Ethereum token standard for semi-fungible tokens.
Ethereum sets March 13 for Dencun upgrade
The Ethereum network is poised for a significant upgrade this March, with the Dencun update focusing on proto-danksharding.
Montenegro court overturns extradition of Terra founder Do Kwon
International tug of war over Kwon’s fate takes a new turn with Montenegro court’s reversal on extradition.
Jack Dorsey’s BlueSky now open for all
BlueSky, the decentralized social media platform by Jack Dorsey, opens its doors to the public.
SocialFi’s next big hit? Friendzone set to launch on Polygon
Friendzone is poised to challenge traditional social media models with its blockchain-powered SocialFi application on the Polygon network.
South Korean crypto criminals to face life sentence
Crypto criminals with more than US$3.76 billion in profits may face life in South Korea.
Unlicensed crypto exchanges face shutdown in Hong Kong
Only two exchanges are licensed to provide crypto trading services to Hong Kong’s retail sector so far.
Solana logs back in after a five-hour outage, SOL rebounds
Solana, a blockchain that has been plagued with outages in the past, had its first network interruption in almost a year.
Monero sinks as Binance announces delisting
Privacy coins face a setback as Binance removes Monero, impacting its market price.
Tether, Solana’s Yakovenko back Oobit with US$25 mln funding
Industry giants Tether and Yakovenko invest in Oobit’s $25M funding round.
Genesis proposes US$1.6 bln asset sale amid bankruptcy
Genesis, in bankruptcy, seeks court approval to sell Bitcoin and Ether trust assets worth US$1.6 billion.
OPNX exchange to cease operations
OPNX, founded by Su Zhu, ceases operations due to FTX estate’s recovery claims.
US charges trio in FTX crypto exchange hack
The mystery of the FTX hack unfolds as the DOJ charges three unnamed suspects for the US$400 million theft in November 2022.
Bybit eyes Hong Kong license: crypto expansion plans
Crypto derivatives exchange Bybit seeks to enter Hong Kong’s market with a new license application.
USDT issuer Tether pockets US$2.85 bln in profits in Q4 2023
Tether reports a record US$2.85 billion profit last quarter as its USDT soars towards US$100 billion market cap
US$112 mln XRP theft hits Ripple’s Larsen
Ripple’s Chris Larsen loses $112M in XRP to hackers in a recent security breach.
FTX expects to repay customers, no exchange relaunch
FTX plans to repay customers amid bankruptcy proceedings, rules out exchange relaunch.
OpenSea open for acquisition amid NFT market shifts: report
Non-fungible tokens (NFT) marketplace OpenSea is reportedly considering acquisition proposals. According to DL News, OpenSea Chief Executive Officer Devin Finzer said the firm has not ruled out the possibility of selling the company, and indicated a willingness to engage with interested parties. ”We think that if the right partnership comes along, then that’s something we […]
Transak streamlines crypto conversions with Visa Direct integration
Transak integrates with Visa Direct to simplify crypto-to-fiat transactions globally.
Floki Inu staking halted in Hong Kong after SFC warning
Floki Inu suspends its staking program in Hong Kong following regulatory warnings.
Hong Kong sees first spot Bitcoin ETF application
Hong Kong could welcome its first spot Bitcoin ETF, courtesy of Harvest Global’s recent filing.
Classic Doom revived on Dogecoin network
Gamers can now play Doom directly on the Dogecoin blockchain, merging nostalgia with modern tech.
Algorand CEO’s social media account hit by hackers
Algorand community warned as CEO’s social media falls prey to hackers.
Swan Bitcoin debuts mining operations ahead of IPO
Swan Bitcoin steps into mining ahead of halving as it prepares for a stock market debut.
SEC postpones verdict on Grayscale’s spot Ether ETF
Ether ETF hopefuls on hold as SEC postpones decision.
JPMorgan downgrades Coinbase to underweight
Analysts at JPMorgan slash Coinbase rating to underweight, questioning ETF impact.
Mt. Gox confirms addresses for BTC repayment plan
Long-awaited Bitcoin repayments closer as Mt. Gox confirms creditor addresses.
Dogecoin soars to weekly peak amid X Payments buzz
Speculative X Payments chatter triggers Dogecoin’s sharp rise.
Terraform Labs Seeks U.S. bankruptcy shield
Do Kwon-founded Terraform Labs files for Chapter 11 bankruptcy in the U.S.
US, UK, Australia target Hamas-linked crypto networks
Allied nations impose sanctions on entities allegedly aiding Hamas’ crypto transactions.
SEC delays Fidelity’s Ethereum ETF decision
Fidelity’s bid for a spot Ethereum ETF hits a snag as SEC delays decision.
Polygon’s MATIC stirs as US$26 mln moved to exchanges
Celsius Network’s move of US$26 million in MATIC to exchanges raises eyebrows amid market volatility.
Bitcoin spot ETFs break US$10 bln trading barrier
Investors flock to Bitcoin spot ETFs, pushing trading volumes past the US$10 billion milestone.
Solana to launch second crypto smartphone
Solana Mobile hints at second smartphone following surprise success of Saga.
Petro cryptocurrency era ends in Venezuela
The controversial Petro cryptocurrency is now defunct as Venezuela pulls the plug.
USDT rises as money laundering tool in SEA, UN says
A UN report reveals USDT’s growing role in money laundering and underground banking in Southeast Asia
CoinShares acquires Valkyrie expands ETF offerings
With the acquisition of Valkyrie Funds, CoinShares aims to strengthen its position in the competitive ETF market.
Ethereum outperforms Bitcoin despite ETF debut
Ether’s price rises sharply, contrasting with Bitcoin’s stagnant performance despite recent ETF launches.
Bitfinity valued at US$130 mln ahead of launch
With its recent US$7 million funding, Bitfinity wants to enhance Bitcoin’s utility in DeFi and NFTs.
Hedera, Algorand unite for wallet recovery
The DeRec Alliance, involving HBAR and Algorand Foundations, aims to solve digital asset recovery challenges with a new protocol.
Spot Bitcoin ETFs launch in U.S. markets
Grayscale and BlackRock’s ETFs lead a bullish debut for newly listed Bitcoin ETFs.
Musk’s social media X halts NFT hexagon avatars
Social media platform X, under Elon Musk, quietly removes NFT profile picture feature, aligning with broader tech industry trends.
Crypto milestone: SEC approves spot Bitcoin ETFs
SEC’s landmark decision approves 11 Bitcoin ETFs, heralding a new era for digital asset investments.
Ripple to be valued at US$11.3 bln following share repurchase
Ripple Labs’ tender offer aims to repurchase US$285 million shares, valuing the firm at US$11.3 billion and fortifying financial standing.
Apple removes Binance, KuCoin apps in India
Major crypto exchanges vanish from Apple’s App Store in India, adhering to FIU mandates.
SEC decision looms: Cboe pushes for Bitcoin ETFs
Cboe appeals to SEC for fast-tracking Bitcoin ETFs.
SEC’s cybersecurity in question after ETF tweet blunder
Following a misleading tweet about Bitcoin ETFs, Senators Vance and Tillis demand answers from the SEC regarding its cybersecurity measures.
Valkyrie CIO eyes US$400 mln inflow in the first week of Bitcoin ETF launch: The Block
Steven McClurg says Valkyrie Investments may be poised for a historic ETF launch this week, with the potential to inject up to US$400 million into the market.
Bitcoin ETF applicants make swift amendments to filings following SEC’s response
Imminent SEC decision on Bitcoin ETFs could mark a watershed moment for crypto, spearheaded by industry giants BlackRock and VanEck, reshaping the investment world.
Upbit Singapore secures coveted MPI license
Upbit joins 15 other crypto firms permitted to provide digital payment token services in Singapore.
SEC’s Gensler warns of crypto risks amid Bitcoin ETF buzz
SEC Chair Gary Gensler cautions about cryptocurrency volatility, highlighting investor protection concerns, as his agency nears a decision on spot Bitcoin ETF applications.
Let’s use Web3 to grow projects that fight climate change
The most promising carbon offset programs can still wither and die from financing distress. Blockchain technology can help them survive and bear fruit.
What asset tokenization will look like in 2024 and beyond
Tokenization is on the rise not only in the private sector. In Asia, governments are leading the charge to use this technology for the greater public good.
How ancient battles are shaping our global financial future
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.
Why a16z chose London for its first non-US office
Silicon Valley venture giant Andreessen Horowitz plants flag in London: fuels UK’s ascent as a Web3 innovator.
UBS allows crypto ETFs for Hong Kong investors with at least US$2 mln assets
Three SFC-authorized crypto ETFs will be available on UBS’ Hong Kong platform.
ICBC forced to trade with USB drive due to ransomware attack
ICBC was disconnected from its trading partners after a cyberattack.
Blackrock files for Ether ETF: ETH tops US$2,100
BlackRock’s Ether ETF filing comes as the U.S. SEC entered an eight-day window to potentially approve pending Bitcoin ETF applications.
Ether breaches US$2,000 as BlackRock registers iShares Ethereum Trust entity
Ether rose to an over six-month high of US$2,045.
FTT up 65% after SEC’s Gensler hints FTX restart
FTT rose over 65% despite FTX founder Sam Bankman-Fried’s guilty verdict last week.
SEC in talks with Grayscale for Bitcoin ETF: CoinDesk
The SEC has reportedly been in contact with Grayscale since its court victory in August.
Can spot Bitcoin ETFs push Hong Kong to the crypto throne?
Top blockchain and crypto news: Hong Kong mulls Bitcoin ETFs, Ordinals flip Ethereum NFTs, IPO comes full circle.
Standard Chartered’s SC Ventures, SBI Holdings launch crypto investment firm in UAE
The move is part of SC Ventures’ expansion into the United Arab Emirates.
Bitcoin breaks US$36,000 as SEC enters potential ETF approval period
Bitcoin is up over 32% in the past month.
EBA proposes new liquidity guidelines for stablecoin issuers
The proposed guidelines will work as a liquidity stress test for stablecoin issuers, according to the EBA.
HSBC plans tokenized securities custody service with Ripple’s Metaco
HSBC’s new service is expected to launch in 2024.
Binance introduces self-custody Web3 wallet
Binance said it aims to onboard the next billion Web3 users with its new wallet.
Circle reportedly considering 2024 IPO: Bloomberg
Circle has previously tried to go public through a blank-check deal back in 2022.
Ripple partners with Onafriq for African cross-border payment channels
The partnership aims to reduce the high costs and lengthy transfer times associated with traditional remittance payments.
SEBA crypto bank receives license in Hong Kong
Hong Kong’s legal system provides a solid foundation for crypto-related services, said SEBA Group CEO Franz Bergmueller.
What we can learn from the sunsetting of Reddit’s crypto rewards program
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.
Mitsubishi UFJ launches joint stablecoin study with Ginco, Progmat
The joint study aims to create the infrastructure for issuing regulatory-compliant stablecoins for improved cross-border settlement.