Bitcoin slips but remains above US$30,000; Asian, European, U.S. stock futures stay down
Bitcoin prices drop 1.04% to US$30,416 in 24 hours, while Ether fell 0.98% to US$1,893.
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Switzerland freezes US$26 million in crypto held by Terraform Labs and Do Kwon
Swiss prosecutors have reportedly frozen about US$26 million in Bitcoin and other cryptocurrencies that belong to Terraform Labs and its chief executive officer Kwon Do-hyeong.
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How blockchain gaming can level up: Opinion
Despite its potential, Web3 gaming has had mixed reviews from gamers and developers, writes Freddie Ng. Here are the challenges and opportunities.
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Japan exempts cryptocurrency issuers from 30% tax on unrealized gains
Cryptocurrency issuers in Japan are now exempt from paying a 30% corporate tax on unrealized gains on tokens.
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Bitcoin treads water above US$30,000; SEC approves first leveraged Bitcoin futures ETF
Bitcoin held ground above US$30,000 following a week of traditional financial institutions showing interest in financial instruments that include the token. The U.S. regulator approved the first leveraged Bitcoin Futures ETF on Friday.
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Binance Abu Dhabi’s Longman discusses UAE’s crypto boom
Binance Abu Dhabi’s chief Dominic Longman discusses the UAE’s approach to cryptocurrencies and the state’s support for innovation.
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JPMorgan begins euro payments on its blockchain platform: Bloomberg
New York-headquartered investment bank JPMorgan Chase & Co. has launched euro-denominated transactions on its blockchain-based payment system, JPM Coin, Bloomberg reported on Friday.
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OKX crypto exchange to be operational in Dubai within the year, says executive
Seychelles-registered cryptocurrency exchange OKX, which says it is the world’s second-largest crypto platform by trading volume, opened an office in Dubai on June 15 as part of its global expansion and aims to raise staff numbers to 30 to tap opportunities in the region.
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Why DeFi token airdrops are risky and how to make them more secure: Opinion
Having a crypto wallet is necessary to participate in a token airdrop, but wallets are also vulnerable to hacks and mishaps, writes Ravindra Kumar of Frontier.
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Bitcoin gains to hold above US$30,000; Ether little changed with top 10 crypto mixed
Bitcoin traded above US$30,000 to hold onto the strong gains made this week on the back of growing institutional interest in the token as an emerging asset.