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Hong Kong Slips Down the Crypto Hub World Rankings – Can it Get Back to Winning Ways?

With cryptocurrency investors increasingly worried about Hong Kong’s regulatory ambiguity on crypto, a number of major crypto-focused businesses and events have decided to move their activities to Singapore and other…

U.S. CFTC Shakes Crypto Industry After Action Against DAO – Who’s Next?

The U.S. Commodity Futures Trading Commission (CFTC) has rattled the crypto community with an enforcement action it brought against Ooki DAO, leaving market participants fuming and unsure of which protocol…

U.S. SEC Setting up New Office to Look After Crypto Filings

The U.S. Securities and Exchange Commission (SEC) is set to create a new office to handle the review of company filings related to crypto assets. Named the Office of Crypto…

Digital Assets Could Become ‘Permanent Feature’ of Finance, Singapore Central Banker Argues

Digital assets could become “a permanent feature of the financial landscape,” although decentralized cryptoassets like bitcoin (BTC) “fail as money,” Singapore’s central bank director has argued. Writing in a new…

Kyber Network Token Rises Despite USD 265K Exploit, Team Praised for Swift Action

The price of kyber network crystal (KNC), a utility token for the Kyber Network ecosystem, rose on Friday after a front-end exploit that drained at least USD 265,000 from the…

CEL Rallies After Celsius Asks Court to Let it Return USD 50m+ in Crypto

Developments emerging from the Celsius bankruptcy trial have sent the failed crypto lender’s CEL token soaring above the USD 1.50 mark, making the coin the day’s – and this week’s…

AVAX Soars After Avalanche Founder Denies ‘Gangster Style’ Litigation Claims

The price of Avalanche’s native token AVAX soared in the market today, after Emin Gün Sirer, Founder of Avalanche developer Ava Labs, called claims that he has used litigation to…

Adoption Picks up Pace in LATM with Brazilian Central Bank’s DeFi Project & Developments in Argentina

Crypto adoption is on the march in Brazil, where the nation’s Central Bank has commissioned a commercial banking giant to build a DeFi solution for its prototype central bank digital…

South Korea’s Central Bank Calls for End to ICO Ban

South Korea’s blanket ban on initial coin offerings (ICOs) could finally be on the way out after the central Bank of Korea (BOK) spoke out in favor of policy change.…

Durov Suggests Telegram May Launch a Toncoin-powered Marketplace

Pavel Durov, the mastermind behind the Telegram chat app and messaging platform, has suggested that Telegram may one day launch a blockchain technology-powered marketplace for usernames, emojis, and other app-based…