CFTC commissioner calls for clearer crypto regulations
Caroline Pham, commissioner of the U.S. Commodity Futures Trading Commission (CFTC) commissioner, has urged regulators to develop clearer crypto industry standards.
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Markets: Bitcoin, Ether rise further; Dogecoin leads gains in top 10 cryptos
Bitcoin and Ethereum gained in Wednesday afternoon trading in Asia, while price movements of top 10 non-stablecoin cryptocurrencies were mixed, with Dogecoin leading gains.
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Silvergate reports US$1 billion loss, attributes to “crisis of confidence” in crypto sector
U.S.-based cryptocurrency bank Silvergate Capital Corp., which saw clients withdraw more than US$8 billion late last year, on Tuesday reported a US$1 billion loss for the fourth quarter of 2022, a slump it attributed to a “crisis of confidence” in the sector resulting from several large bankruptcies.
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FTX says US$415 mln in crypto hacked since bankruptcy filing
Bankrupt crypto exchange FTX told creditors that it lost around US$415 million worth of cryptocurrencies to hacks since it filed for bankruptcy.
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Markets: Bitcoin, Ether prices little changed; Polkadot gains as Solana gives up ground
Bitcoin and Ether were little changed in a muted morning of trading on Wednesday in Asia, as few top 10 non-stablecoin cryptocurrencies moved by more than 1% in either direction.
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IPFS to demonstrate long distance communications in space aboard LM 400 spacecraft
IPFS will be heading to space this year to reduce latency between nodes communicating in orbit for blockchain applications, Marta Belcher of the Filecoin Foundation told Forkast.
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China NFT platforms expand into Hong Kong in face of compliance risks on mainland
Hong Kong’s new digital asset-friendly policies could set the city up as the home for secondary NFT marketplaces from China as trading of ‘digital collectibles’ remains a gray area on the mainland.
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Thailand’s SEC issues new regulations for crypto custody services
The Securities and Exchange Commission of Thailand issued new rules for cryptocurrency custody services on Tuesday.
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Singapore court extends crypto lender Vauld’s creditor protection to Feb. 28
The Singapore High Court has extended the creditor protection period for crypto lender Vauld to Feb. 28, as the firm has yet to come up with a revival plan
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Markets: Bitcoin inches up, Ether slips; China posts 3% GDP growth for 2022
Bitcoin inched up and Ether slipped in Tuesday afternoon trading in Asia, with most other top 10 cryptocurrencies trading lower on the day.