Shanghai targets US$6.9 billion metaverse revenue from culture, tourism projects
Shanghai on Wednesday released a three-year plan to build its culture and tourism metaverse.
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Crypto is sweeping South and SE Asia. Here’s why it matters to the rest of the world
Five countries in South and Southeast Asia now rank in the global top 10 for cryptocurrency adoption, embracing DeFi and defying government attempts to discourage crypto use. Is this a harbinger of larger trends to come?
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Bitcoin loses ground, but holds above US$30,000; most other top 10 crypto decline
Bitcoin slipped in directionless trading while Ether retreated, but both held gains for the past seven days. Most other top 10 tokens lost ground, led by Solana, while Tron was in the green as markets entered the last trading week of June.
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Bitcoin slips but remains above US$30,000; Asian, European, U.S. stock futures stay down
Bitcoin prices drop 1.04% to US$30,416 in 24 hours, while Ether fell 0.98% to US$1,893.
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Switzerland freezes US$26 million in crypto held by Terraform Labs and Do Kwon
Swiss prosecutors have reportedly frozen about US$26 million in Bitcoin and other cryptocurrencies that belong to Terraform Labs and its chief executive officer Kwon Do-hyeong.
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How blockchain gaming can level up: Opinion
Despite its potential, Web3 gaming has had mixed reviews from gamers and developers, writes Freddie Ng. Here are the challenges and opportunities.
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Shanghai Clearing House launches digital yuan services for commodity trading
The Shanghai Clearing House started digital yuan clearing and settlement services for trading in commodities on Monday.
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Japan exempts cryptocurrency issuers from 30% tax on unrealized gains
Cryptocurrency issuers in Japan are now exempt from paying a 30% corporate tax on unrealized gains on tokens.
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Binance Abu Dhabi’s Longman discusses UAE’s crypto boom
Binance Abu Dhabi’s chief Dominic Longman discusses the UAE’s approach to cryptocurrencies and the state’s support for innovation.
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JPMorgan begins euro payments on its blockchain platform: Bloomberg
New York-headquartered investment bank JPMorgan Chase & Co. has launched euro-denominated transactions on its blockchain-based payment system, JPM Coin, Bloomberg reported on Friday.