What are stablecoins, and why are some governments so afraid of them?
Stablecoins combine the portability of crypto with the price stability of fiat currencies. But are they all that stable?
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How will China’s new dictates affect Hong Kong’s future as a crypto hub?
Mainland China’s recent clampdowns on crypto are reverberating beyond its borders. In a special Q&A, former regulator and crypto industry leader Angelina Kwan discusses what this means for Hong Kong.
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Crypto on the beach: FTX and other players find paradise in the Caribbean
This week, FTX announced it is moving its headquarters from Hong Kong to the Bahamas, as the larger Caribbean region takes on a bigger role as host to virtual currency exchanges.
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A crypto-trading hamster is outrunning Warren Buffett
Although scarcely the size of a human palm, Mr. Goxx is earning big returns in the virtual currency market, raking in a 16% return as of Tuesday.
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After the crackdown: go underground, go along, or buy the dip?
Chinese social media has been abuzz since authorities lowered the boom on crypto. Forkast.News has been following the chatter. Here’s what they’re saying on Weibo, the Chinese equivalent of Twitter.
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Tehran bourse CEO steps down after discovery of illegal crypto mining in basement
Ali Sahraee, the CEO of Tehran Stock Exchange, has resigned after Iranian authorities recently busted an illegal crypto mining operation in the basement of the bourse building, according to a report by Iran’s state media. Fast facts The authorities discovered the illegal mining rigs during a sudden inspection. The operation was being run by several…
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Why China’s latest stomp on crypto is turbo-charging DeFi growth
DeFi tokens like dYdX soared after China’s latest move to throttle crypto. Is this a short-term spurt or decentralized finance shifting into high gear?
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How China’s crypto clampdowns could reshape the rest of the world
Against the global tide of digital asset adoption, China’s harshest crypto ban yet heralds golden opportunities, writes Richard Byworth of EQONEX. Other governments should take note.
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South Korean banks find workaround to cash in on crypto services
NH Nonghyup is the third bank in South Korea to invest in a virtual asset custody service while they are prohibited from running their own.
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Unmade in China: Beijing’s crypto cold war turns hot
Top blockchain and cryptocurrency news: Beijing’s crypto crusade comes to a head. Chinese mining caves in. Mr. Goxx reaps robust returns.