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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 in turmoil  On Jan. 25, Yonhap Infomax reported that...
Crypto News

Dogecoin (DOGE) Soars 8%, But An Uptick In This Metric Suggests A Pullback

Dogecoin (DOGE) and other altcoins are stealing some of Bitcoin’s shine as the benchmark crypto stalls at its current levels. However, the recent rally...
Cryptocurrency

Polkadot restates its case that DOT has ‘morphed’ away from security status

The Web3 Foundation has reminded the world that, in its eyes, it has conformed to SEC requirements and DOT should no longer be considered...
Cryptocurrency

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 limit issue could trigger sharp downside for risk assets...
Cryptocurrency

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 FTX and other crypto firms were audited and why...
Cryptocurrency

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 digital assets.
Cryptocurrency

ISDA releases standard definitions for digital asset derivatives

The International Swaps and Derivatives Association is working on two papers to address fundamental legal risks in the crypto markets.
Cryptocurrency

SEC once again rejects ARK 21Shares Bitcoin ETF listing

Proponents of the fund had argued that a current surveillance sharing agreement with CME would be adequate to protect investors.
Cryptocurrency

Porsche NFT trading volume nears $5M despite launch woes, minting halt

Developers of the nonfungible tokens had halted minting on Jan. 25 in response to user complaints.
Cryptocurrency

88x Finance partners with Axelar Network for cross-chain yield aggregator

The startup is one of the projects participating in the Axelar Ecosystem Startup Funding Program.
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