Analyst eyes Ether ‘major push’ to $3.5K amid traders betting on upswing

South Korea’s Gyeongbuk Province has announced plans to use Web3 technology to expand its economic relations with Vietnam.In a Dec. 19 announcement, the province’s governor Lee Cheol-woo said the metaverse project would focus on “growing economic, cultural, commercial, and people-centered contacts with Vietnam.” Back in June, the province announced it would invest $13.8 million to…

Aleksej Bešciokov was reportedly vacationing with his family in the Indian state of Kerala when authorities arrested him. 960 Total views 2 Total shares Officials with India’s Central Bureau of Investigation (CBI) announced the arrest of Lithuanian national Aleksej Bešciokov, who was alleged to have operated the cryptocurrency exchange Garantex.  In a March 12 notice

In the future, India's NDSL and the Securities Board division will welcome other entities to join the decentralized network. 260 Total views 17 Total shares The National Securities Depository (NSDL), India's central securities depository based in Mumbai, launched blockchain-based security and covenant monitoring platform. NSDL officially launched the distributed ledger technology (DLT) platform on Saturday, May 7,…

The Japan-based crypto exchange said it was offering spot trading for 34 tokens as of Aug. 1, with plans to migrate global Binance users starting on Aug. 14. 198 Total views 2 Total shares Major cryptocurrency exchange Binance has announced the launch of a Japan-based arm roughly two years after receiving a warning from the…

Parity CEO Jutta Steiner has said that the new controversial Create2 Ethereum (ETH) function would have prevented the Parity multisig freeze. Steiner spoke on the subject during an interview with Fortune published on March 5.As Cointelegraph reported in November 2017, a user “accidentally killed” the Parity multisig library by activating a vulnerability to become the…

The Bybit hacker has laundered $1.04 billion in stolen funds in just 10 days, but security firms believe some assets may still be recoverable through blockchain tracing. The Bybit exploiter has laundered 100% of the stolen funds after staging the biggest hack in crypto history, but some of the funds may still be recoverable by

From El Salvador and Lugano’s collaboration to yet another lawsuit against Do Kwon, this is what the last week in regulation looked like. 253 Total views 2 Total shares The first full week under the leadership of the newly-elected Prime Minister Rishi Sunak saw a major landmark for crypto regulation in the United Kingdom. The…

Bitcoin (BTC) has risen more than 120% year-to-date, indicating that the crypto sentiment has improved significantly. Solid buying has resulted in a sharp increase in crypto wallets holding more than $1 million in Bitcoin this year from 23,795 on Jan. 1 to 81,925 currently, according to BitInfoCharts data.After the substantial rally, Bitcoin could face headwinds