Crypto markets entered Friday with a slow but meaningful recovery as Bitcoin reclaimed the $91,000 threshold, soothing some nerves after weeks of relentless selling. The surge coincides with a $15 billion options expiry on both Bitcoin and Ethereum, injecting a jolt of volatility and giving marke... ... Read full 🟡🙂 Market Analysis: 29-11-12
South Korean authorities suspect a North Korean team may be behind the recent hacking of cryptocurrency exchange Upbit, the Yonhap News Agency reported on Friday.
Bitcoin hovered around the $90k mark in Asian trading on Friday, while regional stocks struggled for direction as investors weighed a powerful global rebound against signs that the rally may be running out of steam.The largest cryptocurrency traded in a tight band between about $90,600 and $91,400 a…
South Korea suspects a North Korean team may be behind the recent hacking of cryptocurrency exchange Upbit that led to the unauthorised withdrawal of 44.5 billion won ($30.4 million) in cryptocurrencies, the Yonhap News Agency reported on Friday. South Korean authorities are inspecting Upbit's s…
Naver Financial, a unit of South Korean internet giant Naver , has agreed to acquire Dunamu, an operator of the country's largest cryptocurrency exchange Upbit, in an all-stock deal valued at 15.13 trillion won ($10.27 billion). The payment platform said in a regulatory filing on Wednesday that the …
By Hudson LockettThe purchase of South Korea’s top digital asset exchange should boost founder Lee Hae-jin’s drive to revitalise the $28 bln web group. Making paying with and trading in e-currencies seamless for Naver's mobile wallet users is logical and hints at a path forward for global peers.Full…
Japan’s largest asset management firms are preparing to launch the country’s first cryptocurrency investment trusts as regulators move toward a major overhaul of how digital assets are treated under financial law.Key Takeaways:Japan’s top asset managers are preparing crypto investment trusts ahead o…
By Rebecca FengStock indexes gained early Monday, boosted by hopes the Federal Reserve will cut interest rates next month.Over the weekend, Boston Fed President Susan Collins said she didn't see a strong need for a cut in December. But expectations for policy easing remain elevated after her New Yor…
Bitcoin mining is quietly staging a comeback in China despite being banned four years ago, as individual and corporate miners exploit cheap electricity and a data center boom in some energy-rich provinces, according to miners and industry data.China had been the world's biggest crypto mining cou…
Tokyo-listed Metaplanet has approved a $135 million perpetual preferred share offering to fund Bitcoin acquisitions, while Strategy founder Michael Saylor defended corporate treasury strategies amid mounting market volatility. The Japanese firm’s carry a 4.9% fixed dividend and a ¥1,000 conversion p…
By Elias SchisgallShares of Diginex rose after the company entered into a partnership with Evident Group to provide ESG metrics for Evident's tokenized assets platform.Diginex shares rose 8% to $14.71. The stock has risen sixteenfold year-to-date.Evident will integrate Diginex's data analysis tools,…
Hong Kong has launched the pilot phase of Project Ensemble, testing real-value transactions using tokenized deposits and digital assets, as the city continues its drive to become a crypto hub.The Hong Kong Monetary Authority, the de facto central bank, said Thursday that the phase transitions the in…