Last week’s Token2049 conference in Singapore was supposed to be a hub of excitement and innovation in the cryptocurrency industry, but for some attendees, it turned into a nightmare. The conference was overshadowed by the arrest of 11 individuals linked to the troubled cryptocurrency exchange JPEX. These individuals were charged with fraud and operating an
Analysis
East Asia continues to be a hotbed for cryptocurrency and blockchain developments, with significant announcements and events that shape the industry. In this article, we delve into the most noteworthy news from the region, highlighting key players, events, and trends that are shaping the landscape. Kasikornbank, the largest bank in Thailand, through its subsidiary KXVC,
The cryptocurrency market has experienced a surge in market capitalization over the past 24 hours, driven by traders’ anticipation of no monetary policy action following the release of positive U.S. inflation data. The combined market valuation of cryptocurrencies reached $1.035 trillion, with a 1.58% increase, encompassing top-ranking cryptocurrencies like Bitcoin (BTC), Ether (ETH), and Solana
Ether (ETH), the native token of the Ethereum blockchain, experienced a significant recovery on September 12th, gaining over 4.5% to reach $1,622. This resurgence came as a surprise considering the cryptocurrency had hit a six-month low just the day before. The sudden price rebound coincided with diminishing concerns surrounding a potential liquidation of FTX, a
After spending 16 years as a bond trader at Goldman Sachs, Kei Oda found himself delving into the world of cryptocurrencies out of sheer boredom. Although he initially didn’t understand or believe in Bitcoin, leaving his job in 2016 opened his eyes to the potential of the startup space. Coming from a trading background, Oda’s
Cryptocurrency has taken the world by storm, revolutionizing the way we think about money and financial transactions. However, with the rise of crypto comes a dark and dangerous side that is causing concern. In recent months, there has been a disturbing trend of crypto-related deaths occurring around the world. These deaths range from suspected murders
In the world of cryptocurrencies, death threats and online harassment are unfortunately not uncommon. However, prominent crypto lawyer Charlotte Heaver has taken a firm stance against such behavior, warning her detractors that she is not one to be messed with. As a resident of Switzerland, Heaver proudly states that she owns guns and is willing
Thailand is making headlines with its plans for a national airdrop, in which every citizen aged 16 and older will receive 10,000 baht ($285). The ruling Pheu Thai party is working on developing a “utility type 1” token for the airdrop and will consult the Bank of Thailand for assistance. To ensure compliance with regulations,
Bitcoin (BTC) price has seen a significant increase today, surging by 5% and reaching a two-week high of over $28,000. This surge follows the U.S. Court of Appeals Circuit Judge Neomi Rao’s decision to side with Grayscale Bitcoin Trust (GBTC) in its case against the U.S. Securities and Exchange Commission (SEC). This ruling has amplified
Crypto exchange HashKey, which is the first licensed virtual asset provider in Hong Kong, has announced that it will open its doors to residents for retail trading on August 28. However, there are certain restrictions in place. According to local news reports, investors will only be allowed to invest up to 30% of their net
