FTX collapse will blunt activities of North Korea hackers, analyst says
The collapse of FTX.com and its far-reaching impacts will hinder North Korea’s ability to profit from cryptocurrency hacks, says one analyst.
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Troubled Hong Kong crypto exchange AAX unlikely to reopen, says former executive
Hong Kong-based crypto exchange AAX is likely to end operations and restructure, former head of communications, Ben Caselin, told CoinDesk TV on Wednesday.
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U.S. crypto exchange Kraken to lay off 30% of its workforce, cites ‘market conditions’
U.S.-based crypto exchange Kraken said it will lay off 30% of its global workforce, or approximately 1,100 people, to “adapt to current market conditions.”
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It’s time for more institutions to adopt blockchain and crypto: Opinion
Despite the myriad benefits of blockchain and cryptocurrency, institutional interest remains mixed in Asia Pacific. What lessons should the industry learn from 2022 to overcome the barriers to adoption?
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Binance re-enters Japan with acquisition of regulated Sakura Exchange BitCoin
Binance returned to the Japanese market with the acquisition of regulated crypto exchange Sakura Exchange BitCoin (SEBC), according to a blog post on Wednesday. See related article: Binance to help S. Korea’s Busan build first city-backed exchange Fast facts See related article: Crypto exchange Binance in regulators’ crosshairs as scrutiny mounts
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Grayscale holdings questioned amid crypto investment giant’s silence
Top blockchain and crypto news: Grayscale’s cryptic reserves. Binance rides to the rescue? China hit by protests and digital dissent.
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S.Korea requests warrant to bring Terra-Luna cofounder Daniel Shin into custody
A court in South Korea will review if prosecutors are allowed to arrest and bring Terraform cofounder Daniel Shin and seven others into custody, for charges including fraud.
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Markets: Bitcoin rises, Ether leads gains across most top 10 non-stablecoin cryptos
Bitcoin and Ether strengthened in Asian trading on Wednesday afternoon, with Ether the biggest gainer among top 10 non-stablecoin cryptocurrencies that also generally increased. See related article: Diverging paths of two CEOs running FTX’s Alameda Research may meet again in court Fast facts See related article: Dominica releases ‘world’s first national’ crypto token with Huobi,…