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Crypto News
South Korea’s top office wants the FSC to reconsider spot Bitcoin ETFs
After the US SEC approved exchange-traded funds (ETFs), the Korean presidential office pleaded with the Financial Services Commission to change its mind about ETFs.
The President's…
Chinese companies join forces in metaverse collaboration with Tencent, Ant Group, Huawei, and others
Members of the working group come from Chinese digital behemoths including Baidu, Tencent, Huawei, and Ant Group, according to the country's top industry administration.
In an effort to…
The Daily Transaction Volume of dYdX Exceeds That of Uniswap
dYdX has achieved a daily transaction volume of $757 million, surpassing that of Uniswap, subsequent to its migration to the Cosmos blockchain.
The news has been all over decentralized…
TrueUSD tries to reclaim the dollar peg by implementing new reserve audit mechanism
Despite TrueUSD's best attempts to reassure customers of its cash reserves, the price of the cryptocurrency dropped to $0.97 on January 18th.
In an effort to regain its dollar peg, the…
Donald Trump has stated his intention to prevent the issuance of CBDCs if elected
As the Federal Reserve and international banks investigate CBDCs, Donald Trump has pledged to halt a central bank-controlled digital currency.
The Republican candidate for president,…
Woo Raises $9 Million to Strengthen the WOO X Exchange’s Liquidity
Notable liquidity providers, Wintermute and Amber, are among those taking part in the fundraising.
The WOO X exchange will have more liquidity thanks to a $9 million round that Woo said…
SEC trial against TERRAFORM Labs and co-founder Do Kwon Postponed by Federal Judge
Extradition concerns pushed back the start of the SEC trial against Terraform Labs and Do Kwon until March 25.
The trial of Terraform Labs and its co-founder, Do Kwon, who are facing…
Indonesian Crypto Exchanges Blame High Taxes for the massive Drop
Despite its status as a pioneer in the digital asset market, Indonesia saw a 60% decline in trading volumes on cryptocurrency exchanges in 2023.
Coincidentally, with the country's…
Tether Rebuts UN Report That Links USDT to East Asian Illicit Trade
The report's focus on Tether's stablecoin, USDT, was a source of "disappointment" for the company.
The biggest stablecoin in the world, USDT, and its issuer, Tether, have disputed a UN…
Hong Kong’s HashKey becomes a unicorn with $100M
Among HashKey's stated plans for the incoming capital are investments in its asset management, node validation, tokenization, and Web3 incubator services.
The Hong Kong-based…
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