China is Binance’s largest market with US$90 billion despite crypto ban: WSJ
Binance users in China traded about US$90 billion worth of cryptocurrency-related assets in May despite the crypto ban since 2021.
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Shanghai plans blockchain infrastructure hub to link with Hong Kong, Singapore by 2025
Shanghai plans to build a blockchain infrastructure by the end of 2025 and establish links with Hong Kong and Singapore.
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Tokenization could bring mass adoption to crypto — or trigger disaster: Opinion
Tokenization is having a breakout year, but providers must learn from the past to prevent another FTX or Celsius-level crisis, writes Philipp Pieper of Swarm.
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The diversity in NFTs
NFT trading volumes continue to stay low but gaming NFTs gave traders some positive news this week.
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Binance Japan launches with 34 tokens, BNB debuts in the country
Binance announced the launch of Binance Japan on Tuesday, offering 34 cryptocurrencies.
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Bitcoin, Ether extend losses; most other top 10 cryptos fall
Bitcoin fell in Tuesday afternoon trading in Asia, dipping below the support level of US$29,000.
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Crypto’s latest inflection point an opportunity for Asia to lead, says Circle’s Yam Ki Chan
Speaking at the WebX Asia conference in Tokyo, Circle’s Singapore-based vice president of strategy and policy discusses U.S. regulation, growing pains in the crypto industry and Asia’s burgeoning role as a Web3 innovator.
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Web3 has a big security problem, and the industry is not doing enough to protect users: Opinion
If Web3 wants to be an alternative to traditional finance, the industry must make itself less vulnerable to hacks and security breaches, writes Richard Meissner.
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Bitcoin, Ether drop in Asia afternoon trading amid DeFi hack reports; most other leading tokens decline
Bitcoin and Ether fell in early Tuesday afternoon trading in Asia, with Bitcoin slipping below support at US$29,000. Ether fell more than 2%.
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Tether says USDT excess reserves reached US$3.3 billion in Q2
Tether Holdings Limited, the issuer of stablecoin USDT, released its consolidated reserves report for the second quarter of 2023 on Monday, showing consolidated assets of at least US$86.5 billion against total liabilities of US$83.2 billion. Tether reported an increase of approximately US$850 million in its excess reserves, totaling around US$3.3 billion as of June 30,…