Shanghai Man: Bitmart’s $150M theft, ‘Metaverse’ trending, Hong Kong mogul builds in The Sandbox
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industrys most important news,...
Trending Crypto news
Analysts say Bitcoin’s behavior at $47.5K mirrors the pre-breakout 2017 market
Bitcoin price succumbed to another wave of selling, but analysts say the current market structure at $47,500 mirrors the early...
Ross Ulbricht’s debut NFT sold for $6.2M at auction
FreeRossDAO buys the Silk Road founder's NFT created from prison and auctioned off via SuperRare to fund future efforts to...
Ethereum transaction energy use equals 2.5 miles in a Tesla Model 3: Report
One Ethereum transaction uses enough energy to power a house all day, but how much does the fiat financial system...
US lawmaker purchases exposure to Bitcoin through Grayscale shares
Congressperson Marie Newman bought between $15,001 and $50,000 of GBTC in addition to up to $215,000 in Coinbase Global's COIN...
Bitcoin could hit $100K, gold $2K in 2022 thanks to ‘deflationary forces’ — Bloomberg analyst
An about turn and fresh turmoil for macro would play to Bitcoin's strengths, argues Mike McGlone. $100,000 Bitcoin (BTC) and...
Big jump in investors who favor crypto over stocks: Survey
The amount of respondents who said they would be more likely to invest their money in crypto than traditional stocks...
$1.1B in Bitcoin options expire on Friday, but data points to a sub-$55K BTC price
BTC bulls are looking at a $300 million loss after last week’s 11.5% correction set them up as the losers...
Frax co-founder Sam Kazemian believes stablecoin regulations are currently too harsh
He clarified that it's mostly fiat money stablecoins that bear the brunt of this regulatory scrutiny. Stablecoins, or crypto assets...
US is ‘unquestionably’ behind the curve on crypto ETFs, says Brian Brooks
Brian Brooks proposed regulators treat crypto in much the same way as traditional financial institutions rather than creating an entirely...
Discussion on crypto and major tech firms combine in hearing over decentralization of digital ecosystem
“The point of crypto is to have true decentralization — the projects that succeed will be the projects that achieve...
‘Nation should not compensate investors for crypto losses’ says UK’s Financial Conduct Authority CEO
UK's top financial watchdog wants to bar investors from accessing government compensation in the event of crypto scams or not-at-fault...
Hong Kong-based Chiron Partners launches $50M Terra fund
Terra’s native cryptocurrency, LUNA, has emerged as one of the best-performing digital assets of the past 11 months. Hong Kong...
Bitcoin rebounds on Wall Street open as exchange BTC reserves plunge after $42K dip
Friday's sell-off made exchanges shed excess BTC even faster than before, data shows. Bitcoin (BTC) recovered from a dip below...
Crypto CEOs request Congress provide regulatory clarity at hearing on digital assets
“We don’t need knee-jerk reactions by lawmakers to regulate out of fear of the unknown rather than seeking to understand,”...
