Reddit invests in Bitcoin and Ethereum ahead of IPO
Social media platform Reddit has diversified its assets by investing in cryptocurrencies Bitcoin and Ethereum, as revealed in its IPO filing.
Yuga Labs sees leadership shift and NFT sales surge
Greg Solano’s return as Yuga Labs CEO spurs a significant increase in Bored Ape Yacht Club NFT prices.
Do Kwon to face US extradition for Terra collapse charges
Montenegro court approves extradition of Terraform Labs’ Do Kwon to the US, where he faces fraud charges.
Circle ends USDC support on TRON network
USDC halts TRON support, aligning with Circle’s IPO plans.
Ether hits US$3,000, investors eyes on possible ETF approval
Ethereum’s native token, Ether, briefly surged to US$3,000 for the first time in 22 months before retracing.
STRK trading begins amidst massive airdrop event
Starknet distributes 728 million STRK tokens, with initial trading volatility.
Animoca brings 3 crypto wallets onto its Mocaverse network
Animoca Brands announces partnerships with OKX Wallet, Crypto.com DeFi Wallet, and Halo Wallet, elevating the user experience in the Mocaverse network.
Aptos joins the Web3 phone business after Solana’s success
New cryptophone by Aptos and Jambo priced at US$99 targets customers in Africa, Southeast Asia and Latin America.
US Treasury: crypto’s role in Hamas funding minor
“Terrorists” still prefer to use traditional finance products, according to U.S. Treasury’s Brian Nelson.
Web3 in Asia grows as Klaytn and Finschia announce merger
Both layer-1 chains are backed by major Asian internet companies.
Bitcoin returns to the US$1 trillion club
Bitcoin’s current market value is greater than the world’s eighth largest company.
Binance founder’s court date pushed back to April 30
Zhao has pleaded guilty to money laundering charges in November.
OSL and UBS pioneer first tokenized warrant transaction in Hong Kong
Fusing traditional banking and blockchain, OSL collaborates with UBS to execute Hong Kong’s first transaction of a tokenized warrant on the Ethereum.
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.
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.
Yuga Labs’ payout from Ripps and Cahen raised to nearly US$9 mln
Ryder Ripps and Jeremy Cahen must pay almost US$7 million in Yuga Labs’ attorneys’ fees, court documents show.
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.
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.
Celsius Network’s US$3 bln repayment begins
Celsius Network starts repaying $3 billion to creditors, marking a step towards resolving its bankruptcy.
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.
BNB Chain highlights DeFi, gaming and AI in 2024 roadmap
The “One BNB Paradigm” aims to streamline BNB Chain’s ecosystem, focusing on DeFi, gaming, and AI.
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.
Solana-based GameStop meme coin gains traction after retailer pulls plug on crypto
A GME-themed meme coin, not affiliated with the video game retailer GameStop, is replicating the company’s meme stock frenzy on the Solana blockchain.
Floki Inu staking halted in Hong Kong after SFC warning
Floki Inu suspends its staking program in Hong Kong following regulatory warnings.
Solana’s Jupiter trading volume skyrockets ahead of JUP airdrop
Jupiter Exchange experiences a trading boom as the Solana community awaits the upcoming JUP airdrop.
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.
Investors lost 54.3% less crypto in 2023, Chainalysis says
The total value of stolen crypto decreased last year but the number of individual hacking incidents grew.
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.
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.
Bitcoin mining’s green mile: 54.5% sustainable energy use
Bitcoin mining now more eco-friendly than ever, reaching a 54.5% sustainable energy usage.
Bitcoin spot ETFs break US$10 bln trading barrier
Investors flock to Bitcoin spot ETFs, pushing trading volumes past the US$10 billion milestone.
HashKey joins unicorn club after US$100 mln raise
HashKey Group achieves unicorn status following a US$100 million funding round, reaching a US$1.2 billion valuation.
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 ETFs gain support from BlackRock’s CEO
Support from BlackRock CEO Larry Fink boosts prospects for Ethereum ETFs.
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.
USDC issuer Circle attempts public listing again: report
With the filing for an IPO, Circle aims to capitalize on the growing interest in crypto assets, despite recent industry setbacks.
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.
Restey immortalizes Gensler’s tweet on the Bitcoin blockchain
Billy Restey inscribes SEC’s Gensler tweet on Bitcoin blockchain, ensuring clarity after a false ETF approval claim rattles the crypto market.
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.
BNB Chain Fusion may unify BEP-2 and BEP-20 by 2024
BNB Chain’s merger plans aims for a seamless and secure blockchain by April 2024
MakerDAO’s Christensen wants to make DAOs fun again. He’s not alone.
Projects are rethinking how to make DAOs more fun and less disappointing.
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.
From Silicon Valley to Sand Dunes: Why Indian crypto firms eye Dubai expansion
Indian crypto companies flock to Dubai, escaping high local taxes and finding solace in the emirate’s favorable regulatory environment.
Blockchain can transform the real estate business — if we remove the roadblocks in its way
From reducing paperwork to verifying title quickly, blockchain technology promises to overhaul the age-old industry. But it faces regulatory hurdles and resistance by those who profit from inefficiency.
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.
Is Ethereum once again a victim of its own success?
A year after the Merge made Ethereum even more popular, the network now faces the perils of a staking-fueled liquidity crunch. What are the alternatives?
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.
Taiwan identifies new suspects in alleged JPEX fraud case: report
Prosecutors have reportedly identified new suspects after searching nine locations related to JPEX.
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.
Grassroots crypto adoption to follow real-world use cases, says Chainalysis APAC policy lead
Blockchain-based gaming and remittances among top drivers toward adoption in central and South Asia.
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.
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.
Binance introduces self-custody Web3 wallet
Binance said it aims to onboard the next billion Web3 users with its new wallet.