South Korea’s cryptocurrency bill gets nod in first phase of review, may pass this year
South Korea’s legislation on how to regulate digital assets passed the first phase of review in the country’s National Assembly on Tuesday.
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Binance.US cites ‘hostile’ regulator, yanks US$1.3 billion deal to buy Voyager Digital
Binance.US, a cryptocurrency exchange set up by Binance chief Changpeng Zhao to serve U.S. clients, has pulled out of a US$1.3 billion deal to buy bankrupt crypto lender Voyager Digital, the company said Tuesday, citing a lack of clear regulations in the country for the crypto industry.
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Bitcoin bounces back to US$28,000, Ether gains; U.S. equity futures up on tech earnings
Bitcoin rose in Wednesday morning trading in Asia to reclaim the US$28,000 mark, with Ether and all other top 10 non-stablecoin cryptocurrencies moving higher.
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Declaring proof of reserves is important, but it’s not enough
‘Proof of reserve’ is the new catchphrase and promise by crypto leaders eager to allay investor fears. But loopholes remain and audits might not mean what you think, writes Anndy Lian.
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NFTs: Bear Market or Burst Bubble?
The culture of collecting unique digital assets may be here to stay, but data suggests that NFT prices may continue to fall.
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Bitcoin, all top 10 cryptos fall; Asian equity markets drop on rising Covid fears
Bitcoin fell in Tuesday afternoon trade in Asia, along with all other top 10 non-stablecoin cryptocurrencies. Polygon was the biggest loser followed by Solana.
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South Korea indicts Terra co-founder Daniel Shin; Shin rejects accusations
South Korean prosecutors on Tuesday indicted Terraform Labs co-founder Daniel Shin for alleged fraudulent transactions related to the collapse of the Terra-Luna crypto project.
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CoinShares says weekly investment in Ethereum-linked products rebounds after hard fork
Ethereum-linked digital asset investment products saw inflows of around US$17 million in the week ending April 21, up from US$300,000 in the previous week, appearing to show investor confidence following the blockchain’s milestone upgrade, Coinshares report shows.
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Coinbase ups the ante with SEC, asking court to require crypto clarity from regulator
Coinbase sued the U.S. SEC on Monday, asking that a court require the regulator to publicly respond to the Coinbase July 2022 petition asking for clearer crypto regulation guidelines.
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Bitcoin loses ground, Ether dips even as inflows rise; Litecoin edges up, with halving cited
Bitcoin fell below US$27,500 support on Tuesday morning in Asia. Ether and most other top 10 tokens traded lower amid a broader correction.