Tokenize plans acquisitions, fund raising to build exchange network
As the crypto slump drives job cuts and worse, some exchanges are seeing opportunity for expansion in the downturn, call it the fortune-favors-the-brave mantra.
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Institutional finance, role of regulators in focus at TOKEN2049 crypto conference
The second Forkast report on Asia Crypto Week’s anchor event explores what bets TradFi players are making, how Asian investment patterns differ from those elsewhere, and what cooperation between crypto companies and regulators should look like
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Cryptocurrency crowd shrugs off market woes at upbeat TOKEN2049 conference
In the first of a two-part report on this year’s cryptocurrency gathering in Singapore, defiance outshone defeatism despite industry’s struggles.
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South Korea’s investigation of Do Kwon ‘unfair’: Terraform Labs
Terraform Labs Pte. Ltd., the firm behind the collapse of the Terra-LUNA stablecoin project said South Korean prosecutors’ measures in pursuing its chief executive officer Do Kwon violate his basic rights under Korean law.
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Cryptocurrencies much more than trading tools, says Caselin at AAX exchange
Who will regulate the regulators is a time-honored question and one Bitcoin enthusiasts raise when talking about the benefits of the token’s fixed supply versus the tendency of central banks to switch the money spigots off and on.
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Do Kwon denies cashout allegations
The man behind Terra-LUNA contradicts the basis of the new action South Korean authorities took to corner and locate him.
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Bitdeer leads US$250 mln fund to acquire assets from distressed miners: report
Crypto tycoon Jihan Wu’s crypto mining firm Bitdeer Technology Holdings is leading a US$250 million fund to acquire mining rigs from distressed miners amid the cryptocurrency bear market, according to Bloomberg. See related article: China mining rig maker Canaan expands despite crypto winter Fast facts See related article: Bitmain cuts mining rig price amid crypto…
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Interpol issues red notice for Do Kwon, says South Korean prosecutor
South Korea is pursuing different options to get custody of Do Kwon as the Terraform Labs CEO faces charges for his alleged involvement in the multibillion collapse of the Terra-LUNA stablecoin project.
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Markets: XRP soars 23%, Bitcoin holds above US$19,000, Ether gains
Bitcoin continued trading above US$19,000 in Friday afternoon trading in Asia. Ether rose along with most of the top 10 coins by market capitalization following the completion of the first phase of Cardano’s Vasil hard fork. XRP led gains with its price soaring over 20% in the past 24 hours. See related article: Markets: Cryptocurrencies…
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FTX in talks to raise US$1B in fundraising round: CNBC report
Sam Bankman-Fried‘s FTX is in talks with potential investors about a funding round that would keep the company’s valuation in line with prior financing at the start of the year, CNBC reported Wednesday. See related article: Binance and FTX lead bidding for bankrupt Voyager Fast facts FTX Trading Ltd.’s latest funding round in January raised…