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Crypto Adoption Grows among Asian Countries, Says Chainalysis Report
Asia

Crypto Adoption Grows among Asian Countries, Says Chainalysis Report

Chainalysis has released the analysis report, showing that countries in Central & Southern Asia and Oceania (CSAO) region received more than $900 billion in crypto value from July 2021 to June 2022.

Correlation Between Performance of Equity Markets and Crypto Assets in Asia Increased: the IMF
Asia

Correlation Between Performance of Equity Markets and Crypto Assets in Asia Increased: the IMF

The International Monetary Fund said that the returns and volatility correlations between Bitcoin and Asian equity markets have increased significantly since 2020, before the pandemic.

“Warriors of Future” Set to Debut as Asia’s First NFT Blockbuster Movie
Asia

“Warriors of Future” Set to Debut as Asia’s First NFT Blockbuster Movie

Warriors of Future, a multi-million-dollar Hong Kong sci-fi action movie by One Cool Group, seeks to be the first Asian blockbuster film to feature a non-fungible token (NFT) collection.

Crypto Executives Launch Investment Firm Tangent to Help Web3 Startups Growth
Asia

Crypto Executives Launch Investment Firm Tangent to Help Web3 Startups Growth

The launch of Tangent comes amid financial market turbulence that has triggered venture capital funds to slow down investment in the tech sector.

Institutional Bitcoin Adoption in Asia is Making a Big Step Forward
Asia

Institutional Bitcoin Adoption in Asia is Making a Big Step Forward

Bitcoin adoption in Asia is taking a new turn as more institutional investors are joining the network.

Ripple Tapped by Novatti to Improve Australian Remittances to Southeast Asia
Asia

Ripple Tapped by Novatti to Improve Australian Remittances to Southeast Asia

Ripple has sealed another partnership, this time with Novatti, an international payments firm.

Crypto Interest in Asia is Brewing, Showing Long-Term Optimism in the Market
Asia

Crypto Interest in Asia is Brewing, Showing Long-Term Optimism in the Market

Crypto analyst Joseph Young has disclosed that Asia is showing considerable interest in the crypto market.

Ripple Operations Expand in Asia as it Looks to Explore CBDCs with Central Banks despite SEC Legal Pressure
Asia

Ripple Operations Expand in Asia as it Looks to Explore CBDCs with Central Banks despite SEC Legal Pressure

Despite the Securities and Exchange Commission’s lawsuit against its firm, Ripple has continued to expand its services as a fintech firm.

American Investors are in Bitcoin Buying Frenzy as BTC Price Rises, Crypto Flows in From Asia
Asia

American Investors are in Bitcoin Buying Frenzy as BTC Price Rises, Crypto Flows in From Asia

As the Bitcoin bulls continue to run and push the BTC price to new levels, a massive amount of crypto has been shifting from East Asia to North America—a trend which could represent a huge shift in the crypto market according to Reuters.

Sale of Asian Exchange Data Could Create Revenue Stream of $4.23 Billion Per Year Says Leading Strategy Consultants
Asia

Sale of Asian Exchange Data Could Create Revenue Stream of $4.23 Billion Per Year Says Leading Strategy Consultants

Quinlan & Associates, a leading independent strategy consultancy released a report exploring how Asian exchanges can monetize the large volumes of exchange data.

OKB Token Price Rises Over 10% on News of OKEx Exchange Founder’s Release
Asia

OKB Token Price Rises Over 10% on News of OKEx Exchange Founder’s Release

Circulating rumors of OKEx exchange founder Mingxing “Star” Xu’s release from the custody of Chinese authorities has seen the OKB token surge over 10% today.

Messaging Giant LINE is Developing a Platform for CBDC
Asia

Messaging Giant LINE is Developing a Platform for CBDC

Japanese messaging giant Line is developing a platform to aid Asian central banks in their pursuit of central bank digital currencies (CBDC).

OKEx Founder Star Xu Arrested After Crypto Exchange Suspends Withdrawals
Asia

OKEx Founder Star Xu Arrested After Crypto Exchange Suspends Withdrawals

Following the sudden suspension of OKEx's withdrawal services, it has been reported that the exchange's founder Star Xu has been taken into police custody.

OKEX Suspends Withdrawals Causing a Bitcoin and OKB Token Price Plunge
Asia

OKEX Suspends Withdrawals Causing a Bitcoin and OKB Token Price Plunge

OKEx has caused a mild selling panic in the crypto markets after suspending withdrawal services to cooperate with an investigation with the BTC price plunging nearly 3%.

Microsoft Loses TikTok to Tech Giant Oracle – What This Means for Bitcoin and Blockchain Industry
Asia

Microsoft Loses TikTok to Tech Giant Oracle – What This Means for Bitcoin and Blockchain Industry

TikTok, the multibillion-dollar video sharing platform popularized by millennials and Gen Z, has chosen Oracle Corporation as its tech partner over Microsoft.