Siu said this marks the crypto industry’s evolution from the FTX collapse and the Terra-Luna meltdown.
Hong Kong is charging ahead in its digital currency initiatives, but more must be done to address the e-HKD’s environmental impact and security concerns.
SOL rose over 319% in 2023 so far, despite concerns around FTX’s lawsuit.
The XRP token now stands to benefit from legal and regulatory clarity in the DIFC, according to the announcement.
Tether extends US$610 million loan to boost Northern Data’s AI and Bitcoin mining operations.
Top blockchain and crypto news: Bankman-Fried’s memory lapses, betting on the return of NFTs, ETF dreams and Bitcoin’s Uptober
Often dismissed as coincidence, October has once again produced an upswing in the crypto market, with excitement around a potential U.S. spot Bitcoin ETF to thank for this year’s ‘Uptober.’
The MAS said that its previous tokenization pilots demonstrated great potential benefits of the technology.
The U.K. intends to introduce rules on fiat-backed stablecoins in early 2024, according to the government’s latest cryptocurrency policy update published on Monday. See related article: Singapore, Thailand clarify crypto rules; NFTs become new cultural frontier Fast Facts See related article: Blockchain tech in Thailand gets boost from new pro-crypto lead
The move is part of an Asia Pacific expansion effort by the cryptocurrency custodian.
The lender, known as K-bank, said it will also open three additional crypto subsidiaries.
Bitcoin soars to its highest price in a year and a half as Grayscale’s legal victory against the U.S. SEC gets finalized.
Parity CEO Björn Wagner said that despite the need for layoffs, the company’s financial health “remains robust.”
Dark Side of the $MOON: What the collapse of Reddit Community Points teaches us about Web3 tokenomics
To quell the uproar over the imminent death of a popular rewards program, Reddit is blaming ‘scalability’ and regulatory woes. But the real culprit is Reddit itself for failing to make its tokens sustainable, writes Fabio Galbi, CEO of VSC.
The United States is the region’s top driver of crypto activity.
Coins.ph, a cryptocurrency exchange based in the Philippines with millions of users, appeared to have lost 12.2 million XRP tokens, The Block reported on Friday.
The pillars of Wall Street are muscling their way into crypto and decentralized finance. Who stands to benefit the most?
Bitcoin gained over 10% this past week, boosted by Grayscale’s renewed spot Bitcoin ETF application.
Web3 leaders gather in the Future Blockchain Summit in Dubai and we take a deep dive on the woes of crypto’s largest exchange, Binance.
The XRP token rose over 6% on the day after the SEC dismissed the charges against Ripple’s top executives.
Grayscale said that its fund is ready to operate as an ETF upon regulatory approval.
Top blockchain and crypto news: Is Japan a new frontier for Binance? AI art sweeps NFT sales. ETF buzz electrifies Bitcoin.
Taproot Assets will “accelerate the process of bringing Bitcoin to those billions of people,” according to Lightning Labs.
The central bank said that the preparation phase is not a decision on the issuance of a digital euro.
The U.S. takes action against 10 Hamas-linked entities, including Gaza-based money transfer business and crypto exchange Buy Cash.
The U.K. is also listed as the 14th economy on Chainalysis’ Global Crypto Adoption Index.
The survey aimed to measure the public attitude towards virtual asset investments, following the JPEX incident.
TWT price rose over 15% during the past week, after Trust Wallet announced a major rebranding upgrade.
SUI fell to a new all-time low on Wednesday following supply manipulation allegations, which the Sui Foundation denies.
The plight of the Philippines — which has a high rate of crypto adoption but is also plagued by fraud — offers a window into why the industry’s ‘do your own research’ mantra isn’t enough.
Israeli police requested information on 200 additional crypto accounts.
Correction: This article originally stated that the XRP cryptocurrency is available for in-game payments in Roblox and Smite through the payment processor BitPay. Roblox has denied the report and BitPay has since deleted its announcement on X. Roblox, a popular online game with an average of 65.5 million daily active users, has denied claims that […]
Bitcoin briefly spiked to US$29,388 after the fake post, before tracing back the gains.
Tether says it froze US$873,000 in USDT linked to terror activities in Israel and Ukraine. CEO Ardoino stresses crypto’s traceability.
The luxury car maker said it started accepting crypto payments due to popular demand from its crypto investor customers.
Singapore’s major payment institution license will enable Upbit to continue offering regulated digital asset services while awaiting its full license.
The Australian Department of the Treasury said it will accept feedback on the draft bill by December.
From tech monopolies to the synergy of AI and blockchain, Alex Tapscott, author of “Web3: Charting the Internet’s Next Economic and Cultural Frontier,” dissects the trajectories of the digital landscape.
Crypto is “part of the future,” said Melissa Wisner, vice president of crypto risk at Ciphertrace, during her panel discussion at D3 Bahamas.
Several crypto firms join forces to set up a humanitarian fund amid ongoing war and star witness in Sam Bankman-Fried’s trial gives testimony.
Bitcoin was subdued by the mounting geopolitical concerns around Israel’s war with Hamas and the ongoing FTX lawsuit.
Top blockchain and crypto news: Gaza tensions, digital tremors, NFTs are not dancing in September, Joe Lubin talks traditional system’s twilight.
The DCJPY could play a central role in the future’s currency system, according to DeCurret Holdings.
The current crypto bear market caused Coinbase’s trading volume to drop to levels not seen since 2020.
Bahamian Prime Minister Philip Davis said the island nation will continue to be a pioneer in the digital asset space.
Coins.ph joins forces with Circle to introduce USDC remittances, targeting a more efficient and affordable money transfer solution for millions of Filipinos abroad, supporting the UN’s goal of trimming remittance costs by 2023.
Bitmain, one of the world’s largest Bitcoin application-specific integrated circuit (ASIC) manufacturers, has suspended employee salary payments from September, according to a Tuesday report by China-based tech news outlet Leiphone. See related article: Hamas crypto donation accounts frozen by Israel police Fast Facts See related article: CMCC Global raises US$100 mln to launch Hong Kong […]
South Korea’s cryptocurrency market has bounced back during the first half of this year but is still almost 50% below its value at the end of 2021, according to the Korea Financial Intelligence Unit (KOFIU), a government agency that oversees the nation’s anti-money laundering regime. See related article: Hamas crypto donation accounts frozen by Israel […]
The Hong Kong police warned on Monday that 11 Hong Kong-based Binance users lost over US$446,000 (HK$3.5 million) in cryptocurrencies to phishing text messages in the last two weeks. See related article: Gitcoin error sends US$460,000 to digital void Fast Facts See related article: CMCC Global raises US$100 mln to launch Hong Kong Web3 fund
Israel Police’s cyber unit, Lahav 443, halts Hamas’ cryptocurrency fundraising efforts following Israeli crypto firms’ aid initiatives for war-affected citizens.
Inflows in cryptocurrency investment products reached US$78 million last week, the highest volume since July, according to crypto asset manager CoinShares. See related article: Alameda had a US$65 bln line of credit, says FTX co-founder Gary Wang Fast Facts See related article: DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court
Crowdfunding platform Gitcoin’s project lead Jonathan Miller said he accidentally sent approximately US$460,000 worth of Gitcoin tokens (GTC) to an unrecoverable contract address. See related article: DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court Fast Forkast See related article: SBF trial kicks off, Singapore gives crypto licenses as blockchain data comes […]
The Web3 sun is shining in Hong Kong, Singapore and Japan, where forward-thinking regulations are fostering crypto’s growth while boosting investor protections.
Bitcoin fell 1.3% in the hour following the U.S. jobs report, fueling market concerns that borrowing costs will remain high over a longer period of time.
The amount of funds raised by cryptocurrency firms dropped to a three-year low of US$2.1 billion in the third quarter of 2023, according to a new report published by on-chain intelligence firm Messari. See related article: CMCC Global raises US$100 mln to launch Hong Kong Web3 fund Fast Facts See related article: HKEX to launch […]
The Securities and Futures Commission (SFC) of Hong Kong and the Hong Kong Police Force announced Wednesday the establishment of a working group to monitoring and investigating illegal activities related to Virtual Asset Trading Platforms (VATPs). See related article: Hong Kong crypto network Mixin loses US$200 million in hack Fast Facts See related article: JPEX […]
South Korea’s central bank will be launching a pilot program for its central bank digital currency (CBDC) to explore infrastructure requirements, according to an Oct. 4 joint statement by the Bank of Korea (BOK), the nation’s Financial Services Commission (FSC) and the Financial Supervisory Service (FSS). See related article: CBDCs are coming. Here’s why you […]
European Union central banks will publish plans for a wholesale central bank digital currency (CBDC) in the coming weeks, François Villeroy de Galhau, the governor of France’s central bank, said at a Tuesday event in Paris. See related article: US legislators to discuss CBDC prevention bill on Sept. 20 Fast Facts See related article: Nepal […]
The XRP token rose 4.42% after a federal judge denied the U.S. Securities and Exchange Commission’s (SEC) motion to overturn its recent loss against Ripple Labs. XRP traded at US$0.5308 at 2:45 p.m. in Hong Kong on Tuesday, according to CoinMarketCap data. See related article: HK’s SFC & US SEC crack the whip as Blockchain […]