Bithumb in turmoil, Binance’s 47K law requests, Axie players down 85%: Asia Express – Cointelegraph Magazine
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...
Data shows pro Bitcoin traders want to feel bullish, but the rally to $23K wasn’t enough
Bitcoin (BTC) price had a mixed reaction on Jan. 25 after the United States reported a 2.9% gross domestic product growth in the fourth quarter,...
SEC once again rejects ARK 21Shares Bitcoin ETF listing
The SEC has once again rejected a proposal to list the ARK 21 Shares Bitcoin ETF on equities exchange Cboe BZX, according to Jan. 26...
ISDA releases standard definitions for digital asset derivatives
The International Swaps and Derivatives Association (ISDA) is working on two papers to address fundamental legal risks in the crypto markets, such as the insolvency...
Here’s why Bitcoin price could correct after the US government resolves the debt limit impasse
For much of 2022, the crypto market focused on the United States Federal Reserve’s actions. The central bank created a bearish environment for risk-on assets...
Sens. Warren, Wyden question quality of auditors’ oversight in light of FTX debacle
Two United States senators have taken their questions about the performance of accounting firms active in the crypto space to a higher power: the Public...
Polkadot restates its case that DOT has ‘morphed’ away from security status
The Web3 Foundation, which supports the Polkadot protocol, has again presented its argument that its native DOT (DOT) token is not a security. In a...
DeFi protocol Aave to deploy V3 upgrade on Ethereum
Aave holders approve major technical upgrade dubbed Aave Ethereum V3. The vote results showed a total of 706,258 AAVE, or 100% support. Aave Ethereum V3...
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Stablecoins in the cryptocurrency market help provide U.S. dollar-pegged tokens within the volatile industry. In bull markets, the market capitalization of stablecoins tends to decrease...
SEC rejects Ark21Shares spot Bitcoin ETF for the second time
SEC has denied the Ark Investment and 21 Shares joint spot Bitcoin ETF application. The agency says proposal failed to meet requirements as per securities...