Crypto trading volumes tank; India’s crypto info call to G20
Crypto trading volumes plummet as the crypto winter continues. Meanwhile, India calls on G20 to share information on crypto.
Failed promises compel South Korea’s game makers to explore foreign shores
The country’s major game developers continue to focus on overseas markets as there are no signs of a thaw in the government’s stance on games that include elements of blockchain and play-to-earn.
Why Singapore needs to rethink its approach to regulating crypto
Singapore wants to attract institutional capital while shielding its people from crypto — but it can’t have it both ways, writes Donovan Choy.
As earnings from play-to-earn games dwindle, some turn to upskilling players
Players are being educated to turn into writers, content creators, streamers or e-sports players as earnings from play-to-earn games aren’t enough to substitute for a day job.
Bitcoin briefly above $22,000; Binance Philippines ban urged
Bitcoin briefly returns to the US$22,000 mark. Meanwhile, InfraWatch PH calls for a ban on Binance in the Philippines.
Sam Bankman-Fried’s Voyager debt emerges; Celsius reshuffles board
SBF’s Alameda Research debt to Voyager emerges. Meanwhile, South Korea agrees to cooperate with the US on Terra-Luna investigation.
Vauld buyout talks; Celsius fights against bankruptcy
Crypto exchange Vauld is in buyout talks with Nexo. Meanwhile, other exchanges are in a fight against bankruptcy as Celsius pushes on despite short squeeze.
MAS mulls crypto limits; Pacquiao’s Pacman NFTs
Singapore’s monetary authority mulls on crypto limits. Meanwhile, Manny Pacquiao drops his NFT collection despite the crypto winter.
India’s latest tax assault on crypto exchanges starts Friday
India’s government can’t seem to decide on following China with an outright ban on crypto trading. So is it bent instead on suffocating traders and exchanges with taxes?
K-pop logs in to the metaverse strung by idols’ vagaries, inability to tour
South Korea’s behemoth music industry is trying to sidestep its reliance on human performers by debuting virtual stars in the metaverse. But severing ties with fallible K-pop idols is easier said than done.
Bitcoin Jesus denies default; Celsius fight back planned
Bitcoin CEO Roger Ver denies defaulting on a loan to CoinFLEX. Meanwhile, Youtuber Bitboy takes aim at Celsius Network.
CoinFLEX issues recovery tokens; MAS says cryptos not currencies
CoinFLEX to solve its liquidity problems by issuing a recovery token. Meanwhile, Singapore’s central bank doubts crypto capabilities.
Singapore’s central bank says cryptocurrencies have ‘no fundamental value’
Whither Singapore in the cryptocurrency world? The Monetary Authority of Singapore has some views on that and as with most markets, there are winners and losers.
Mind the gap: Bridging the divide between DeFi and CeFi to grow yield
As traditional finance sector firms continue to seek upside crypto exposure, bringing DeFi yields to TradFi has a bright future, says B2C2’s Phillip Gillespie.
CoinFLEX freezes withdrawals; Investors deserting Singapore
CoinFLEX joins other exchanges in freezing withdrawals. Meanwhile, crypto investors in Singapore head for the exits.
How a market slump may be helping Singapore’s stance against retail crypto
One door closes and another opens, which seems to be what’s happening in Singapore as the crypto price slump restructures the trading environment.
Crypto winter ushers in account freezes as platforms feel the chill
Top blockchain and crypto news: Investors snowed in as liquidity crunch hits. Solend harpoons anti-whale maneuver. Chinese NFTs prove a tricky target.
S.Korea blocks ex-Terra employees from leaving country amid investigation
Prosecutors said they also wish to interview Terraform Labs Chief Executive Officer Kwon Do Hyung as part of an investigation into the multibillion dollar collapse of the company.
NFT fraud in focus; Bybit job cuts
Crypto exchange ByBit lays off 30% of its staff. And as the NFT market grows, how do we combat against scams?