Hong Kong’s race to launch first crypto-linked ETF begins
Three Hong Kong-based asset management firms have applied for exchange-traded funds (ETFs) tracking Bitcoin and Ethereum futures for retail investors.
-
-
Markets: Bitcoin, Ether fall; Polkadot is biggest loser in top 10 cryptos
Bitcoin and Ether declined in Asian trading on Tuesday afternoon. All other top 10 non-stablecoin cryptocurrencies retreated, with the largest decline seen in Polkadot
-
Bitcoin mining difficulty drops more than 7% as cash crunch hits miners
Miners face a liquidity crunch as cryptocurrency prices slide, with the world’s largest publicly-listed miner, Core Scientific, saying it may run down its cash reserves by the end of this year.
-
S.Korea central bank puts hand up to regulate stablecoins
The Bank of Korea (BOK) claimed it needs the authority to monitor and supervise stablecoins, according to the South Korean central bank’s report published on Monday.
-
Majority of ‘wealthy’ South Koreans say no plan to invest in crypto, cite lack of trust
The majority (58.3%) of South Koreans with assets of 1 billion Korean won (US$760,000) said they don’t plan to invest in cryptocurrencies.
-
DeFi regulation: it’s not a matter of if, but when
The push to regulate DeFi is stronger than ever, and the sector would be wise not to fight but participate in that inevitability, writes Michael Shing of XREX.
-
Will the next wave of FTX victims be unwitting tax cheats?
When a crypto exchange fails, will your transaction records vanish, too? Here’s why investors should take responsibility over their own trading data.
-
Markets: Bitcoin back above US$17,000, Ether gains along with other top 10 crypto
Bitcoin traded above US$17,000 Monday morning in Asia, with all the top 10 non-stablecoin cryptocurrencies by market cap gaining ground.
-
Hong Kong crypto exchange AAX has lost most staff, unlikely to reopen, says former executive
The exchange has gone silent since pausing withdrawals and liquidating all futures positions, with users fearing a repeat of the FTX collapse.
-
DeFi protocol Ankr to buy US$5 mln of BNB to cover funds lost in exploit
Decentralized finance (DeFi) protocol Ankr will buy US$5 million worth of BNB – the token of cryptocurrency exchange Binance – to compensate liquidity providers affected by Friday’s exploit