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Bithumb ordered to pay outage damages to investors by South Korean court

January 16, 2023 by DIGIT

A ruling from local courts has Bithumb liable to pay just over $200,000 in damages to the 132 investors which filed against the cryptocurrency exchange. Go to Source Powered by WPeMatico

Categories Asia, Bithumb, Court, Cryptocurrencies, Cryptocurrency Exchange, South Korea

Crypto regulation world: How laws for digital assets changed in 2022

January 4, 2023 by DIGIT

While regulations were once seen as hurdles to crypto adoption, they are now perceived as the fastest way to attain global mainstream adoption. Go to Source Powered by WPeMatico

Categories Africa, Asia, Bitcoin Regulation, China, El Salvador, Europe, European Union, Government, Law, Middle East, North America, South Africa

$16K retest the most likely path for Bitcoin, according to 2 derivative metrics

December 19, 2022 by DIGIT

Top traders’ long-to-short ratio and stronger demand for stablecoins in Asia indicate higher odds of further price correction. Go to Source Powered by WPeMatico

Categories Asia, audit, derivatives, futures, Markets, Mazars, Stablecoin

Amber Group raises $300M to recover from FTX contagion

December 16, 2022 by DIGIT

The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default. Go to Source Powered by WPeMatico

Categories Asia, Cryptocurrencies, ftx, Funding, Singapore, trading

Bitcoin traders cross fingers in hopes that a positive Fed meeting triggers a run to $18K

December 12, 2022 by DIGIT

All eyes are on this week’s Federal Reserve meeting, and BTC traders hope that positive strides against inflation trigger a run to $18,000. Go to Source Powered by WPeMatico

Categories Asia, bybit, derivatives, futures, leverage, Markets, Stablecoin

Pakistan launches new laws to expedite CBDC launch by 2025

December 5, 2022 by DIGIT

The State Bank of Pakistan signed in new laws for Electronic Money Institutions — non-bank entities offering digital payment instruments — to ensure the timely issuance of a CBDC in the next three years. Go to Source Powered by WPeMatico

Categories Asia, CBDC, Central Bank, Law, Pakistan

Avalanche to power Alibaba Cloud’s infrastructure services in Asia

December 3, 2022 by DIGIT

Avalanche’s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche’s public blockchain platform in Asia. Go to Source Powered by WPeMatico

Categories Asia, Avalanche, China, cloud services

Uzbekistan issues first crypto licenses to two local ‘crypto stores’

November 25, 2022 by DIGIT

Starting from January 2023, only licensed cryptocurrency firms will be allowed to provide cryptocurrency trading services to Uzbek citizens. Go to Source Powered by WPeMatico

Categories Asia, Cryptocurrencies, Cryptocurrency Exchange, Government

Could Hong Kong really become China’s proxy in crypto?

November 17, 2022 by DIGIT

With its partial autonomy, the island city of Hong Kong has traditionally served as a gate to China, but with crypto, there is a catch. Go to Source Powered by WPeMatico

Categories Asia, Bitcoin Mining, China, Digital Currency, Hong Kong, Law

Southeast Asia and DeFi’s Big Bet on the Unbanked

November 7, 2022 by DIGIT

With 70% of the Southeast Asian population under/unbanked, DeFi solutions have positioned themselves as catalysts for financial transformation. Go to Source Powered by WPeMatico

Categories Asia, Cash, defi, economics, Lending, Stablecoin, Unbanked
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$66,845.00-0.80%
  • ethereumEthereum(ETH)$1,950.470.52%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.45-1.99%
  • binancecoinBNB(BNB)$611.320.95%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$83.21-0.08%
  • tronTRON(TRX)$0.280182-0.53%
  • dogecoinDogecoin(DOGE)$0.0998440.41%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%
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  • bitcoinBitcoin(BTC)$66,845.00-0.80%
  • ethereumEthereum(ETH)$1,950.470.52%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.45-1.99%
  • binancecoinBNB(BNB)$611.320.95%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$83.21-0.08%
  • tronTRON(TRX)$0.280182-0.53%
  • dogecoinDogecoin(DOGE)$0.0998440.41%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%