Digital yuan sales during Lunar New Year up from last year, online retailers say
Digital yuan sales at online retail platforms in China have surged during the Lunar New Year holidays fueled by local governments’ red packet coupons.
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Bitcoin mining fund soars as BTC powers into 2023
Top blockchain and crypto news: BTC mining ETF outperforms. SBF under pressure as accusations mount. ‘China’s Instagram’ embraces NFTs.
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New Bitcoin protocol may shake up the NFT market
Bitcoin has long been the world’s largest cryptocurrency blockchain, but non-fungible tokens or NFTs were always the domain of Ethereum. A new protocol could change that, and some in the Bitcoin community are not too pleased.
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Bitcoin miner Greenidge Generation cuts NYDIG debt 78% to US$17 million
Troubled U.S.-based Bitcoin mining firm Greenidge Generation Holdings Inc. has restructured more of its debt to investment management service provider NYDIG and investment bank B. Riley Commercial Capital, the company announced on Tuesday.
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Judge rules secondary sale of LBC does not classify as security in SEC vs LBRY appeal
In the SEC’s case against decentralized publishing platform LBRY Inc., the judge ruled that the secondary sale of LBC does not qualify as a security.
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Markets: Bitcoin climbs back above US$23,000 as most top 10 crypto tokens gain ground
Bitcoin prices broke back above US$23,000 in Wednesday morning trading in Asia.
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Hong Kong to mandate stablecoin licensing as early as this year
The HKMA said in a consultation conclusion that algorithmic stablecoins will not be allowed in the city.
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Celsius misled investors, spent customer funds, bankruptcy examiner claims
Celsius Network may have misled its investors and spent customer funds, an independent examiner said in a Tuesday court filing.
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Alameda Research sues Voyager Digital for US$445.8 mln
Alameda Research has sued bankrupt digital assets lender Voyager Digital to reclaim US$445.8 million worth in loan payments before FTX filed for its own bankruptcy.
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Markets: Bitcoin, Ether drop; Dogecoin rebounds
Bitcoin and Ethereum prices fell during Tuesday afternoon trading in Asia along with most other top 10 non-stablecoin cryptocurrencies. Dogecoin was the exception in that list as it rebounded from morning losses.