Hong Kong shows off crypto, Web3 prowess in Toronto

Following a recent oracle issue, asset issuance platform Synthetix will reverse the misplaced 37 million synthetic ether (sETH) in exchange for a bug bounty, Synthetix founder Kain Warwick stated on June 25.According to the statement, Synthetix has now resumed trading and transfers after the platform yesterday suffered an oracle error that led to several trades…

Within the blockchain world, there’s endless talk about the importance of decentralization. But there’s a by-product from DeFi’s boom that is little talked about.Fractionalization is an unavoidable consequence of the innovations we’ve seen over the past decade — and when implemented correctly, companies and individuals can benefit.For example, it’s now possible to buy a small…

An official at South Korea’s sole securities exchange operator, the Korea Exchange (KRX), says the bourse is closely eyeing developments from United States regulators in regard to Bitcoin (BTC) exchange-traded funds (ETFs). The official, reportedly speaking on condition of anonymity, was cited by local English-language daily The Korea Herald on Feb. 20.ETFs are securities that…

The SEC is safeguarding the economy, but Roger Bayston sees a change in tone at the regulator.

Both Coinone and Bithumb have reopened their customer centers in the capital city in response to a surge in domestic interest in cryptocurrencies. 968 Total views 14 Total shares Coinone, one of South Korea's top four cryptocurrency exchanges, has reopened its offline customer center in Seoul. According to a report from The Korea Herald on…

Real-estate-backed stablecoin USDR fell to $0.53 per coin on Oct. 11, but the team said it was merely a liquidity issue and that real estate holdings and digital assets will be used to support redemptions. 407 Total views 17 Total shares Real estate-backed stablecoin USDR lost its peg to the U.S. dollar after a rush of

Vice President of International and Business Development, Nana Murugesan, said that the firm decided to “wind down” the majority of its operations in Japan. 125 Total views 2 Total shares Own this piece of history Collect this article as an NFTCrypto exchange Coinbase will be closing down most of its operations in Japan as part…

Crypto users recognized that Minnesota Governor Tim Walz was a relative unknown on crypto policy, but many expressed concerns about his general approach to regulation.

As investigations proceed, the outcome of this case could set significant precedents for how cryptocurrency-related crimes are handled in Nigeria.