Bithumb in turmoil, Binance’s 47K law requests, Axie players down 85%: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Bithumb…
Day: 26 January 2023
Moody’s to build scoring system for stablecoins: Report
Moody’s is allegedly developing a scoring system for stablecoins, with analysis of up to 20…
ISDA releases standard definitions for digital asset derivatives
The International Swaps and Derivatives Association is working on two papers to address fundamental legal…
Here’s why Bitcoin price could correct after the US government resolves the debt limit impasse
Bitcoin price has been on a tear, but analysts warn that resolving the U.S debt…
Sens. Warren, Wyden question quality of auditors’ oversight in light of FTX debacle
The senators co-authored a letter to the Public Company Accounting Oversight Board chair asking how…
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases…
FTX legal team calls for Sam Bankman-Fried’s family to answer questions under oath: Report
Joseph Bankman, Barbara Fried and Gabriel Bankman-Fried could reportedly face questions in bankruptcy court about…
Aave purchases 2.7M CRV to clear bad debt following failed Eisenberg attack
Following a failed short attack, DeFi exploiter Avraham Eisenberg was liquidated from Aave at a…
Tether moves to combat child abuse content marketplaces
Tether is set to collaborate with anti-child-abuse network INHOPE to help the industry combat child…
ChatGPT learns Bitcoin will end central banking and fiat currency
A Bitcoin mentor convinced ChatGPT, the AI chatbot, that Bitcoin would bring about the demise…
FTX Publishes Creditor List, Owes Millions to Well-Known Institutions and Government Agencies
The now-defunct crypto exchange FTX has published its list of creditors, with the names unredacted….
Biggest Movers: ADA Climbs to 11-Week High, as Crypto Markets React to US GDP Data
Cardano raced to an 11-week high on Thursday, as markets reacted to data showing that…
Tesla’s Q4 Balance Sheet Shows Bitcoin Holdings Worth $184 Million
Tesla’s latest balance sheet shows the company’s bitcoin holdings worth $184 million. Tesla did not…
Gold to Lose Its Shine as Harry Dent Predicts Massive Crash; Bitcoin to Follow Suit With Low of $3,250
Gold has seen a significant increase in value in 2023, with spot prices rising from…
US Justice Department seizes website of prolific ransomware gang Hive
The group is known to have targeted critical infrastructure, healthcare providers, and more over the…