Hong Kong’s crypto scam losses in 2022 more than double from 2021: SCMP
Crypto scams accounted for over half of Hong Kong’s losses from computer-related crimes in 2022.
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South Korea reports US$4.3 billion in illegal foreign transactions involving cryptocurrencies
The Korea Customs Service has identified US$4.3 billion worth of illegal foreign currency transactions last year involving cryptocurrencies.
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Bitcoin, Ether little-changed in downtrend day; Forkast NFT 500 index dips
Bitcoin and Ether traded mostly flat in a downtrend move for most of the top 10 cryptocurrencies in Tuesday morning in Asia. The new Forkast NFT 500 index slipped.
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Kraken to launch U.S. crypto bank amid regulatory headwinds
U.S.-based cryptocurrency exchange Kraken is working on establishing its own bank, despite the recent regulatory headwinds
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Singapore police begin probe linked to Do Kwon’s Terraform Labs: Bloomberg
Singapore’s police have begun investigations linked to Terraform Labs that was co-founded by fugitive Do Kwon, according to a Bloomberg report.
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Bitcoin gains, all other top 10 cryptos in the red amid Silvergate fallout
Bitcoin gained in Monday afternoon trade in Asia while all other top 10 non-stablecoin cryptocurrencies by market capitalization posted losses.
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What Web3 must do if it wants to attract 1 billion users
Web3 is growing more rapidly than the early internet, writes Ken Timsit of Cronos Labs. But to achieve mainstream success, the following issues must be addressed.
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Binance documents show ties to U.S. unit unknown to regulators, WSJ reports
Binance, the world’s largest cryptocurrency exchange, reportedly didn’t disclose the extent of its ties and control over Binance.US, WSJ reported.
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Bybit suspends U.S. dollar bank transfers, possible link to Silvergate shuttering crypto banking network
Bybit suspended U.S. dollar deposits and withdrawals via wire and bank transfers due to “service outages from a partner.”
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Bitcoin treads water below US$22,500, Ether dips with other top 10 cryptocurrencies
Bitcoin and other top 10 cryptocurrencies fell on Monday morning amid concern about the troubled crypto bank Silvergate.