K-pop sensation BTS gets ready to sell NFTs, as label looks to cash in on loyal A.R.M.Y fanbase
BTS’ label dreams bigger than just dominating the K-pop world — they want to digitize the IP even more.
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Federal Reserve to taper bond purchases, prompting concerns over BTC impact
As the U.S. economy shows signs of recovery from the pandemic-related recession, the Federal Reserve has announced it will begin tapering the US$120 billion a month it spends on bond purchases, hoping to address concerns of rising inflation. This has caused unease in the crypto industry as Bitcoin adoption over the past 18 months has…
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Hong Kong Fintech Week’s live comeback talks digital renminbi and DeFi
One of Asia’s largest fintech events returns for its sixth year with a hybrid format of live and virtual sessions. Regulators, corporations and experts share what’s important now in crypto.
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China’s central bank governor calls for personal data protection at Hong Kong FinTech Week
Yi Gang reiterates the PBOC’s stance to protect data, while failing to address privacy concerns over digital yuan.
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Dogecoin, Shiba Inu are becoming crypto alpha dogs in India
Dogecoin and Shiba Inu are gaining massive traction and ranking among the top five traded cryptocurrencies on Indian exchanges. Fast facts Dogecoin contributed 13.76% to the overall trading volume of CoinSwitch Kuber, which claims to be the largest Indian crypto exchange with over 10 million customers, over the last six months, according to a report…
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Wrapped XRP coming to Ethereum in December
Wrapped XRP (wXRP) will be supported on the Ethereum blockchain from December, according to an Oct. 31 announcement by Wrapped.com, a cross-chain wrapped assets provider. Fast facts Wrapped XRP will be backed 1:1 with XRP — the native cryptocurrency of the XRP Ledger (XRPL) — and held in custody with Hong Kong-based licensed digital asset…
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Ethereum, Solana, Polkadot climb to new all-time price highs in altcoin rally
Ethereum crosses the $4,600 mark for the first time and Solana overtakes Cardano as the fifth-largest cryptocurrency by market value.
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Commonwealth Bank first in Australia to offer crypto trading
Amid debate in Australia surrounding the banking sector’s relationship with cryptocurrency, the country’s largest bank, Commonwealth Bank, will soon be allowing customers to buy, sell and hold crypto assets directly through its app — making it the first bank in the country to do so. Fast facts Partnering with leading global crypto exchange and custodian…