China shuts 13 underground crypto trading apps, a year after ban
Regulators also targeted 23 crypto media websites and 440 bloggers.
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A bear market may be painful, but it’s good for DAOs
When times are tough, a DAO must trim fat and focus on providing a better product or service to its community, writes Redmption of Harvest Finance.
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Crypto exchange Huobi Global announces advisory board
Crypto exchange Huobi Global announced the formation of a five-member global advisory board after Hong Kong-based asset management firm About Capital Management purchased a majority stake of the exchange. See related article: Huobi looks to sell stake that values exchange at US$3 bln, Bloomberg reports Fast facts See related article: Huobi is third global exchange…
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Brazil police bust crypto group led by ‘Bitcoin Sheikh’
Gold bars, cash, jewelry, cars and luxury watches bought with defrauded funds are seized.
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Markets: Bitcoin rises but remains below US$20,000; Ether gains, XRP leads crypto top 10
Bitcoin has gained slightly but was still trading below US$20,000 on Monday morning in Asia, having fallen below that support line late last week after fluctuating around that level for most of the past month. Ether and the rest of the crypto top 10 by market capitalization also rose slightly, with XRP seeing by far…
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RBI to begin CBDC pilots, outlines wholesale, retail concepts
The Reserve Bank of India (RBI) will soon begin to pilot the digital rupee for specific use cases, it said in a concept note on its central bank digital currency (CBDC). See related article: Sweden’s central bank to test use of retail CBDC for instant payments Fast facts India’s central bank said in the concept…
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Malaysia to get its own national public blockchain
MY E.G. Services Berhad (MYEG) and Mimos Technology Solutions Sdn Bhd (MTSSB) signed a memorandum of understanding (MOU) on Thursday to co-develop and operate Malaysia’s national blockchain infrastructure to onboard the nation’s private and public sectors to Web 3.0. See related article: Huobi Global talking to Malaysian regulator about being put on investor alert list…
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Game Space to launch a dozen games by mid 2023, says investor Livio Weng
The former CEO of Huobi Global has jumped into the GameFi space.
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S.Korea’s parliament audit on Terra-LUNA falls short of expectations
The National Assembly wanted to get to the bottom of the Terra-LUNA collapse on Thursday. At the end of a long and speech-filled day, lawmakers left empty-handed.
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Markets: Bitcoin, Ether fall with other top 10 crypto – BNB, Dogecoin lead losers
Bitcoin fell in Friday evening trading in Asia to dip below the US$20,000 support line as the top 10 cryptocurrencies by market capitalization lost ground, led by Dogecoin and BNB. See related articles: Markets: Bitcoin dips; BNB drops on chain glitch; Ether, XRP little changed Fast facts: Bitcoin lost 1.39% in the past 24 hours…