Markets: Bitcoin climbs back above US$23,000 as most top 10 crypto tokens gain ground
Bitcoin prices broke back above US$23,000 in Wednesday morning trading in Asia.
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Hong Kong to mandate stablecoin licensing as early as this year
The HKMA said in a consultation conclusion that algorithmic stablecoins will not be allowed in the city.
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Celsius misled investors, spent customer funds, bankruptcy examiner claims
Celsius Network may have misled its investors and spent customer funds, an independent examiner said in a Tuesday court filing.
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Alameda Research sues Voyager Digital for US$445.8 mln
Alameda Research has sued bankrupt digital assets lender Voyager Digital to reclaim US$445.8 million worth in loan payments before FTX filed for its own bankruptcy.
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Markets: Bitcoin, Ether drop; Dogecoin rebounds
Bitcoin and Ethereum prices fell during Tuesday afternoon trading in Asia along with most other top 10 non-stablecoin cryptocurrencies. Dogecoin was the exception in that list as it rebounded from morning losses.
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January weekly crypto product investment reaches highest since July, says CoinShares report
Digital asset investment products reached US$117 million in the week ending Jan. 27 — the highest since July 2022 — with nearly all of that going into Bitcoin.
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South Korea regulator recommends unified crypto disclosure system to protect investors
South Korea’s Financial Supervisory Service has recommended a unified system for mandatory disclosure from issuers of cryptocurrencies.
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Judge rules Sam Bankman-Fried’s $250 mln bail co-signers should be named
A U.S. federal judge has granted motions to reveal the identities of the two unnamed co-signers of FTX founder Sam Bankman-Fried’s US$250 million bail bond.
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What we must learn from FTX so that history does not repeat itself
Tighter regulations are necessary but not enough. The industry also needs to address its issues with custody and transparency, writes Chen Zhuling of RockX.
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Bitcoin falls in broad crypto pull back ahead of U.S. Fed meeting on interest rates
Bitcoin fell along with Ether and all other top 10 non-stablecoin cryptocurrencies in Tuesday morning trading in Asia, wiping out most of Monday’s gains.