Indonesia’s financial services regulator first expressed its intentions to establish a crypto exchange back in 2021. Indonesia’s Ministry of Trade is reportedly aiming to roll out a national crypto exchange…
The company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss. Software analytics company MicroStrategy…
The hedge fund manager instead wants to see an “inflation-linked coin” be brought to the masses which would serve to ensure consumers secure their buying power. Billionaire investor Ray Dalio…
Our weekly roundup of news from East Asia curates the industry’s most important developments. Huawei moves to trademark its NFTs According to a Jan. 28 report by Sina News, Chinese…
New York Attorney General and Commodity Futures Trading Commission probes into Tether in 2021 exposed its previously unknown ownership structure. A group of four men controlled 86% of stablecoin issuer…
A federal judge presiding over Avraham Eisenberg’s criminal case has reportedly set a followup court date for Feb. 14. Lawyers representing a crypto user allegedly behind a $116-million exploit of…
There were almost twice as many state actions as federal in 2022, although both the feds and the states broke previous record by significant margins. The number of crypto-related enforcement…
The fraud unit of the Department of Justice has launched a probe into Silvergate Bank. The prosecutors are looking into the bank’s dealings with FTX and Alameda Research. The bank…
Okx, one of the largest cryptocurrency exchanges in the market, has announced the launch of its soccer-focused metaverse experience, called the “Okx Collective.” The immersive experience will include Jack Grealish,…
The Ethereum scaling network Optimism, which operates as a layer two (L2) network, announced plans to upgrade its network in March. The upgrade, named “Bedrock,” aims to increase transfer speed,…
The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a…
PRESS RELEASE. FIO Protocol, the leading decentralized solution for global blockchain usability, has announced the launch of FIO Domain wrapping on the Polygon blockchain. Wrapping is the process of taking…
A US district judge has brought much-needed relief to prominent crypto exchange Coinbase by dismissing a proposed class action lawsuit against them on Wednesday. This Go to Source
Professionals working in the Web3 space shared various ways and tools that can help users prevent NFT theft. In this week’s newsletter, read about how Moonbirds founder Kevin Rose lost…
The assets transferred to Alameda’s consolidation wallet are reportedly part of bankruptcy recovery efforts. Nearly $13 million has been moved into the consolidation wallet of bankrupt crypto trading firm Alameda…
