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Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

6.2.2023
A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an established scheme for extracting money from victims lured with promises of quick profits on stock and crypto...

First Mover Asia: Bitcoin Not Ready to Soar as Investors Await Fed Chair Speech, More Earnings

6.2.2023
ALSO: As crypto prices rise, venture capital into the blockchain space is likely to rise. But will venture firms learn from their past overindulgences in the sector? Bitcoin dips below $23K in early weekend trading before recovering slightly

Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch

4.2.2023
Central bank Governor Nandalal Weerasinghe believes that adopting decentralized cryptocurrencies would worsen the country’s economic situation

Binance Returns to Korean Crypto Market — Invests in Troubled Exchange Gopax

4.2.2023
Binance has returned to the South Korean cryptocurrency market after two years with a “meaningful” investment in a local, licensed crypto exchange. Gopax fell into trouble following the collapse of crypto exchange FTX and the bankruptcy filing of crypto lender Genesis Global. Binance...

Bitcoin’s big month: Did US institutions prevail over Asian retail traders?

3.2.2023
There may be no single reason for BTC’s 39% January price gain, but some suspect institutional investors. Can their impact be quantified, though?

First Mover Asia: Bitcoin Dips Into Red but Holds Strong Above $23.5K

3.2.2023
Bitcoin dips into red but holds over $23.5K. ALSO: CoinDesk analyst Glenn Williams Jr. highlights the spike in crypto trading activity following the U,S. central bank's interest rate hike

Huawei NFTs, Toyota’s hackathon, North Korea vs. Blockchain: Asia Express

2.2.2023
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 telecom giant Huawei has recently filed for eight trademarks related to its Huawei “YunYunBao” nonfungible tokens...

First Mover Asia: Is Bitcoin's Ride Past $24.1K a Stopping Point or Sign of Further Gains?

2.2.2023
ALSO: Shaurya Malwa writes that Waves’ decision to abandon the stablecoin model underlines a decline in this sector stemming from the Terra UST implosion and other debacles. Bitcoin rides past $24.1K at one point

First Mover Asia: Lido DAO Governance Token Down, Staked Ether Stable, as Withdrawal Proposal Comes Into Focus; Bitcoin Rises as Fed Rate Decision Nears

1.2.2023
While the DAO has yet to formally see the proposal to allow withdrawals from stETH, Galaxy Digital has already been critical, and the Lido governance token has fallen about 15% from its high last week week

First Mover Asia: Centralized Exchange Tokens Post Solid Gains in January Despite SEC Interest; Bitcoin, Ether, in the Red.

31.1.2023
The tokens of Binance, Crypto.com and KuCoin are all comfortably in the green over the past month

Bitcoin aims for $25K as institutional demand increases and economic data soothes investor fears

30.1.2023
Strong corporate earnings and investors’ anticipation of a Federal Reserve pivot are helping to cement the case for risk assets like Bitcoin

First Mover Asia: Amazon’s Web3 Foray Will Be a Compliance Nightmare; Bitcoin Tops $23.9K

30.1.2023
The retail giant’s initiative, especially in NFTs, may force some regulatory clarity for digital assets. Cryptos surge in Sunday trading

First Mover Asia: Cryptos Shrug Off Latest US Productivity, Jobs Data; Bitcoin Hovers at $22.9K

27.1.2023
ALSO: Sam Reynolds considers litecoin's strong performance over the past year compared to bitcoin and ether. The first altcoin has been operating largely out of the spotlight. Bitcoin hovers near $22.9K

Bithumb in turmoil, Binance’s 47K law requests, Axie players down 85%: Asia Express

26.1.2023
Our weekly roundup of news from East Asia curates the industry’s most important developments. Bithumb in turmoil On Jan. 25, Yonhap Infomax reported that South Korean authorities had requested an arrest warrant for Kang Jong-Hyun, chairman and owner of cryptocurrency exchange Bithumb, over...