Bitcoin, Ether fall; Tron trades higher; Investors digest G7, U.S. debt ceiling implications
Bitcoin fell below US$27,000 on Sunday, dipping further Monday morning in Asia as wider macro developments continue to weigh.
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Hong Kong’s e-HKD pilot puts the world on notice
Rollout of the central bank digital currency in Hong Kong is a potential game-changer and a move that others may soon look to follow.
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Philippine telco giant partners BlockchainSpace for Web3 creator platform
Smart Communications, one of the Philippines’ largest telcos, is entering the Web3 space through a partnership with Web3 community enabler in Southeast Asia, BlockchainSpace.
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Web3 needs to engage with local communities. Its future depends on it
Web3’s terrible user experience, scams and lack of diversity could be solved if its leaders take a cue from environmentalists and ‘act locally,’ writes Tim Williamson of NieuxCo.
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Looking to expand Web3 activities into Japan? Watch the biggest firms for clues, says gaming protocol founder.
While the community might be small, there’s a growing buzz around Web3 in Japan, with overseas companies now taking note. For clues on how to make it big in the land of the rising sun, follow the lead of the nation’s largest firms, says Sebastien Guillemot, co-founder of Paima Studios.
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Japan government’s crypto czar touts nation’s Web3 capabilities
Japan was an early believer in blockchain and cryptocurrencies until exchange hacks brought a crackdown. But that was then. Now the government has become a crypto cheerleader.
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Bitcoin network buckles under weight of BRC-20’s runaway success
Top blockchain and crypto news: Memecoin fever strains BTC network. Binance slams brakes on Bitcoin withdrawals. Chinese court allows crypto for repaying debt.
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Hong Kong will have ‘tight’ crypto regulation, says HKMA chief Eddie Yue
Cryptocurrency firms moving to Hong Kong should expect tight regulations as part of the city-state’s new regulatory regime, said Eddie Yue.
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South Korea freezes US$176 mln of Terraform CEO Do Kwon’s domestic assets
A South Korean court has approved prosecutors’ request to freeze assets and properties worth 233.3 billion Korean won that belong to Kwon.
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Prosecutor says Terra-Luna fugitive Do Kwon should face trial in South Korea: WSJ
The prosecutor leading Korea’s investigation into the Terra-Luna project said its founder Do Kwon should be extradited to Seoul to face trial.