Crypto miners stole $723M of electricity in Malaysia since 2018: Report

The protocol announced an agreement to buy out 100% of FTX Ventures’s and Alameda Research’s equity position. 675 Total views 5 Total shares Interoperability protocol LayerZero Labs announced on Nov.10 an agreement to buy out 100% of FTX Ventures’ and Alameda Research’s equity position, including token warrants and all agreements between the parties. In March, the…

Our weekly roundup of news from East Asia curates the industry’s most important developments. Three Arrows Capital (3AC), a once-bourgeoning Singaporean hedge fund worth an estimated $10 billion at its peak, was utterly obliterated by the bear market last year. However, the carnival it has created since the initial blowup still lives on, and its…

Analysts say the crypto bear market should not be feared because it offers potentially greater opportunities for growth and profits than a bull market, so traders should be taking note. 463 Total views 17 Total shares Crypto markets are undeniably bearish, but some industry insiders believe these conditions will shake out the bad actors and…

The advantages of blockchain will prompt countries to adopt it sooner or later. 986 Total views 21 Total shares The Indian state of Tamil Nadu unveils new technology projects, including a blockchain infrastructure, to create easier government processes.Indian chief minister Edapaddi K. Palaniswami announced Tamil Nadu's adoption of an ethical blockchain policy, according to The…

The CEO of Chinese tech giant Huawei thinks that China can compete with Facebook for market share by issuing its own digital currency.Huawei CEO: ‘Why wait for others to issue it?’As national news outlet Sina reported quoting a press conference in Italy on July 18, Ren Zhengfei believes China can easily create a digital currency…

“They did not cite evidence, they didn’t even correctly point out what NFTs are, nor did they talk to NFT Worlds,” noted Animoca Brands co-founder Yat Siu. 258 Total views 8 Total shares Yat Siu, the co-founder of crypto/NFT venture fund giant Animoca Brands, labeled the recent Minecraft NFT ban as “hypocritical” and emphasized that…

Jeremy Allaire, co-founder and CEO of payments company Circle, said that Facebook's Libra will run in a closed-loop permission scheme that has its own requirements for regulation during an interview with Bloomberg released on July 5.During the interview, Allaire pointed out that there are different stablecoin implementations distinct in their regulatory approach. He explained:“There’s a…

The lawsuit stems from a million-dollar exploit in November 2022 that allegedly took place due to a private key leak. 1127 Total views 11 Total shares Own this piece of history Collect this article as an NFTOn Mar. 20, GameFi project Gala Games announced it had recently filed a lawsuit against pNetwork, the cross-chain interoperability…