ETH Dencun upgrade attracts more L2 bots and failed txs: Galaxy Research

South Korean investors panic sell on altcoin delisting rumors, Binance to reward faithful BNB hodlers, Australian Bitcoin ETFs. Asia Express

An investor who purchased an NFT from popular digital artist Beeple for $969 initially hoped to double their investment within two years. The NFT is now worth $300,000. 2818 Total views 16 Total shares Edward Fairchild, one of the founders of LA-based cannabis company THC Design, revealed that he "stumbled" into buying an NFT from…

Sun Hung Kai reportedly became the biggest seller of new homes in Hong Kong in January 2022. 663 Total views 24 Total shares Sun Hung Kai, one of the largest property developers in Hong Kong, continues betting on the cryptocurrency industry by investing in Swiss crypto outfit Sygnum.Sygnum officially announced Thursday that it closed a…

A survey by Japanese crypto exchange BitMax shows 25% of traders prefer XRP, compared to only 9% in ETH and 26% BTC. 1560 Total views 53 Total shares Despite the fact Ether is currently the second largest cryptocurrency by market cap, Japanese crypto holders may prefer to hold XRP. According to the results of a survey…

Amendments are slowing down the SEC in both cases, although observers say the agency is not really engaged with them.

With low barriers for entering, competition for digital asset exchanges is intense, with an estimated more than 10,000 exchanges now operating worldwide. This competition reduces margins for all of them and also lowers deposit and withdrawal thresholds. Add in a confusing patchwork of global regulations, and profitability challenges for digital asset exchanges loom large.Digital asset…

South Korean tech giant LG Electronics has officially updated its business development goals to include cryptocurrency and blockchain-based software. 723 Total views 33 Total shares South Korean tech giant LG Electronics has officially added blockchain and cryptocurrency as new business areas in its corporate charter. According to a local South Korean news report, LG added two…

The nonfungible token craze continues to proliferate. 1355 Total views 8 Total shares The creation and sale of nonfungible tokens, or NFTs, has become a revolution that is increasingly difficult to ignore. On March 16, British-American auction house Sotheby's announced that they too would be entering this burgeoning ecosystem with the sale of tokenized art…