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Tomorrow, First. News and intelligence for the agentic economy

  • Andre Cronje: Crypto needs regulation

    Andre Cronje, former Fantom Foundation technical adviser and Yearn.finance founder, resurfaced Monday after announcing his departure last month.  See related article: DeFi wizard Cronje’s departure sends TVL sinking  Fast facts In a “Crypto is dead. Long live Crypto” post, Cronje says regulations will protect cryptocurrencies. “It’s like a child trying to stick their finger into…

  • Terra Luna headlines crypto’s Easter resurrection, STEPN peaks

    The cryptocurrency market returned strong from the Easter holidays with Terra LUNA leading major coins with an 18.5% rebound to trade at US$91.43, on Tuesday morning Asia time. See related article: Is Terra — whose LUNA coin is now at another all-time high — really where the smart money is? Fast facts Terra reached its…

  • Blockchain, metaverse important for India’s growth: MP

    Non-fungible tokens (NFTs) are going to be increasingly important with the rise in time spent on metaverses, Jayant Sinha, a member of parliament and Chairman of India’s Standing Committee on Finance, told The Economic Times on Monday.  See related article: India to make life hell for crypto investors: MP Fast facts Sinha’s comments come at…

  • Former Chinese central bank chief says digital yuan is for retail transactions

    Zhou Xiaochuan, the former governor of the People’s Bank of China, said in a speech on Saturday that the digital yuan is designed to focus on transactions for people and merchants and not to replace SWIFT or weaponize the currency. See related article: The digital yuan’s de-dollarization Fast facts See related article: Hong Kong makes…

  • China launches metaverse lab

    Top-rated Tsinghua University Friday established China’s first metaverse culture laboratory to promote the study and development of the country’s growing metaverse space. See related article:  China will soon have its first bachelor’s program in blockchain. Why isn’t the talent-starved industry more excited? Fast facts The new laboratory will be used for research in the future…

  • Xiamen issues China’s first blockchain-based commemorative subway ticket

    Xiamen, a major city in China’s southeastern province Fujian, Friday issued China’s first batch of digital commemorative subway tickets based on Alibaba’s blockchain, AntChain. See related article: More courts in China accept blockchain-stored evidence Fast facts The digital ticket bears a likeness to a decorative metal badge,  and is themed with a combination of Xiamen…

  • Bitcoin mining difficulty drops amid market turmoil

    Bitcoin miners saw a 1.26% drop in mining difficulty on Thursday, the third time this year, while the price fell to less than US$40,000. See related article: Cryptos slump over inflation, Shanghai lockdown and war concerns Fast facts The mining difficulty level is now at 28.23 trillion at block height 731,808, after it saw an…

  • India’s crypto exchanges switch to P2P, bank transfers

    Crypto exchanges in India are switching to facilitating user-to-user bank transfers and inward remittances to work around a withdrawal of support from the developer of the country’s ubiquitous UPI payments system, local media report.   See related article: Coinbase snafu sets the cat among the crypto pigeons in India Fast facts Indian cryptocurrency exchanges are trying…

  • Chinese state media calls for wider e-CNY adoption

    Xinhua News Agency’s affiliate newspaper, Economic Information Daily, Thursday published an op ed suggesting measures for the further adoption of the digital yuan. See related article: The digital yuan’s de-dollarization Fast facts See related article:Hong Kong makes apt testbed for e-CNY cross-border use