First Mover Asia: Traders Focused on Liquidity & FOMC as Asia Opens Its Business Day

OKX, the sixth largest cryptocurrency exchange, announced that it is coming out with a layer 2 network called “X1” using Polygon’s Chain Development Kit (CDK).X1, expected to go live in the first quarter of 2024, will make use of Polygon's zero-knowledge technology, a type of cryptography that's become one of 2023's hottest trends in blockchain.The

The bitcoin price could hit $1 million by 2033 and is likely to reach a $200,000 cycle-high by 2025.MicroStrategy initiated as outperform with a $2,890 price target at Bernstein.The software company's long-term convertible debt strategy means it has time to benefit from bitcoin upside with limited liquidation risk to the crypto on its balance sheet

Social network Discord is considering linking to Ethereum, Discord CEO and founder Jason Citron hinted in a tweet early on Tuesday.Citron posted a screenshot of what appears to be Discord settings that allow users to connect to Ethereum, saying “probably nothing.” The screenshot also shows the option to connect using Ethereum wallet MetaMask or chain-agnostic…

The Montenegrin High Court decided for a second time in December that extradition requests for Do Kwon held up.Kwon's told CoinDesk last month that his client would be appealing the High Court's decision.Former CFO at Terraform Han Chang-Joon was extradited to South Korea by Montenegrin authorities on Monday.Terraform Labs co-founder Do Kwon has won a

news A group of major automakers are about to hit the road with the first field testing of a vehicle identification network next month in the U.S. As reported by Nikkei Asian Review, BMW, General Motors, Honda, Ford and Renault are working with the Mobility Open Blockchain Initiative (MOBI) on integrating a blockchain system to automatically…

Trading volumes of XRP tokens against the Korean won hit $2.5 billion on South Korean exchange UpBit in the past 24 hours, the highest among counterparts, in a sign of speculative frenzy.This was more than 50% of the total trading volumes on UpBit in that period. Data shows market depth stood at nearly $5 million…

news Chainlink CEO Sergey Nazarov says there’s one big thing holding back corporate adoption of blockchain technology: reliable oracle services that connect blockchain systems to real-world events, and vice versa. In his mind, making blockchain-based contracts pegged to real-world events – in a reliable and secure manner – is the next “leap forward” that will…

Sep 15, 2020 at 13:20 UTCUpdated Sep 15, 2020 at 13:38 UTC(Rob Crandall/Shutterstock)Bank regulators in 48 U.S. states are to unveil a consolidated regulatory framework that will make compliance for cryptocurrency companies simpler. The Conference of State Bank Supervisors (CSBS), a coordinating body for state regulators, confirmed to Reuters the new regime for money service…

Nov 18, 2020 at 11:09 p.m. UTCMintbase co-founders Carolin Wend and Nate Geier(Mintbase)Mintbase Raises $1M Seed Round to Bring NFTs to NEAR ProtocolBerlin-based non-fungible token (NFT) platform Mintbase has closed a $1 million seed funding round.The round, led by Chinese venture capital firm Sino Global and with participation from D1 Ventures, Block Oracle Capital, Arweave…