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New Crypto Lawsuits, Pan-Asian Crypto Regulations, Hiring Pause + More News
3.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: New Crypto Lawsuits, Pan-Asian Crypto Regulations, Hiring Pause + More News
China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities
16.5.2022
An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate the Asian country’s decision to ban crypto-related activities. In the article,...
Tezos Foundation Launches Fund to Collect NFT Creations by African and Asian Artists
16.5.2022
The Tezos Foundation recently said it has committed $1.23 million to a fund that will be used to collect non-fungible tokens (NFTs) created by African and Asian artists. Photographer Misan Harriman has been selected as the curator of the foundation’s permanent art collection. Supporting...
Bitcoin Sell-Off Continues as Asian Markets Fall Amid Weak China Cues
6.5.2022
Bitcoin continues losses as major markets around Asia end the week
Kazakhstan Amends Registration Rules for Cryptocurrency Miners
5.5.2022
The government of Kazakhstan has revised the registration requirements for persons and companies involved in crypto mining. The updated regulations come amid an ongoing clampdown on the industry in the Central Asian nation, where the influx of miners has been blamed for persisting electricity...
Asian Biz Giants SK, Bandai, Line Bolster Metaverse, NFT Operations
15.4.2022
Some of East Asia’s biggest tech companies are delving ever deeper into the world of crypto, with Japanese and South Korean mega-companies eyeing metaverse, non-fungible token (NFT), Web3, and blockchain business expansion.
The South Korean telecoms and chaebol business giant SK, which...
Southeast Asian VC Firm SeaX Ventures Closes $60M Tech Fund
4.4.2022
The fund will invest $500,000- $5 million in technology companies, which includes blockchain and Web 3
Unstoppable Domains Poaches Execs From Twitch, IBM for European and Asian Expansion
24.3.2022
Former Twitch VP Sajjad Rehman to lead Europe efforts while former IBM executive Nilkanth Iyer will head up Asia
Bitcoin Sees 'Bart Simpson' Pattern During Thinly-Traded Asian Session
16.3.2022
Stop orders were triggered in the morning low-liquid market, one observer said
Here’s how Asian countries deal with crypto sanctions against Russia
14.3.2022
Global regulators continue asking crypto exchanges to comply with sanctions against Russia as the country itself has no legal crypto trading platforms
Singapore to Impose Restrictions on Russian Financial and Crypto Transactions
6.3.2022
In a rare move, Singapore is going to introduce restrictions on certain Russian financial transactions and crypto operations aimed at evading sanctions. The decision comes amid officially expressed concerns that Moscow’s invasion of Ukraine is a threat to the security of small states around...
Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims
24.2.2022
Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news comes amid electricity shortages and upcoming tax hikes that are turning miners away from the Central Asian nation. Bitcoin...
Southeast Asia’s Largest Bank DBS to Launch Crypto Trading for Retail Investors
16.2.2022
DBS, the largest bank in Southeast Asia, is planning to launch crypto trading for retail investors this year, the bank’s CEO has revealed. He added that in the first half of this year, DBS will focus on making “access to digital assets a lot more convenient.” DBS Bank to Offer...
The Problem With Critical Role’s Latest Campaign
8.2.2022
In early fall, the hugely successful Dungeons & Dragons “actual play” series Critical Role announced plans for their third campaign, set in the fictionalized world of Marquet. While the campaign would draw inspiration from real-life SWANA [Southwest Asian/North African] cultures, the group...
Major crypto exchanges eye Asian market amid growing regulatory clarity
2.2.2022
Crypto adoption is expanding apace across Asia, with major global exchanges inking partnerships and making acquisitions on the continent
Fed’s Minutes Report ‘Bludgeons’ Global Markets — Stocks, Crypto, Precious Metals Slip in Value
6.1.2022
Minutes from the U.S. Federal Reserve’s policy meeting on December 14-15 show that the central bank is being persistent about unwinding quantitive easing (QE) tactics and that it views ultra-low interest rates as no longer necessary. Global markets immediately dropped after the news...
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners
31.12.2021
The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the booming crypto mining industry. Problems with power supply are driving away miners that saw the Central Asian country as a new home when China recently cracked down...
Asian Sellers Weighing on Bitcoin Price, But Possibly Not for Much Longer
20.12.2021
The bitcoin (BTC) price on average moves markedly lower during Asian business hours than it does during the European and US business hours, indicating that significant selling pressure is coming from Asian investors, new data from on-chain analytics firm Glassnode suggests....
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AOFEX Enters Taiwan to Boost the South Asian Market
7.12.2021
AOFEX, the global digital assets service provider, officially established its Taiwan branch this month. The service provider aims to enhance the South Asian market while improving its global influence. The latest development will elevate AOFEX’s existing product suites catered towards...
Huobi Research Report ‘Taper Landed’ Paints Bleak Picture for Cryptocurrency Assets
7.12.2021
A report issued by the Huobi Research Institute, the investigative arm of the Asian exchange, examines the effect that upcoming changes of U.S. Federal Reserve policy could have on the price of cryptocurrencies. The report, titled “Taper Landed: The Turning Point of The Cryptocurrency Market...