Hong Kong crypto frenzy, DeFi token surges 550%, NBA China NFTs — Asia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong moves bullish On Feb....
Blockchain News
Snow Crash manuscript that coined the term ‘Metaverse’ to be auctioned by Sotheby’s
The original manuscript of Neil Stephenson’s Snow Crash — the book which coined the term “Metaverse,” — will be auctioned by...
MEXC Global publishes proof of reserves after month long testing
On Feb. 22, cryptocurrency exchange MEXC Global released its proof-of-reserves (PoR) snapshot after 45 days of testing. In a document...
Blockchain DEXs Onchain and Camelot part ways over IFO spat
In a dispute that originated Feb. 22, decentralized exchanges (DEXs) Onchain Trade and Camelot terminated an agreement for the former's...
How to teach cryptocurrency to your children
Teaching cryptocurrency to children can be a great way to introduce them to the world of finance and technology. Here are...
Coinbase launches its own Ethereum Layer 2 network for building decentralized apps
On Feb 23, crypto exchange Coinbase announced the launch of Base — an Ethereum Layer 2 (L2) network. The company...
Israeli startup to create blockchain chips with $70M of fresh funds
The adoption of blockchain technology is on the rise, with most enterprises looking into the technology in some capacity. As...
USDC issuer Circle to increase staff by up to 25% amid layoff season
USD Coin (USDC) issuer Circle plans to increase its workforce by 15–25% in 2023 amid a sea of layoffs across...
German DZ Bank adds digital currencies into asset management services
DZ Bank, Germany’s second-largest bank in terms of asset size, will fully integrate digital currencies into its asset management services...
‘It would be absurd’ for a US court to rule private NFTs as securities: Lawyer
Blockchain Association’s chief legal officer says “it would be absurd” for a United States court to rule that digital assets...
Frax Finance to retire algorithmic backing amid stablecoin crackdown
The community of decentralized finance stablecoin protocol Frax Finance has voted to fully collateralize its native stablecoin Frax (FRAX), marking...
Enterprise blockchain is transforming business operations and reducing costs — Web3 exec
Blockchain technology is often a valuable tool in solving various business challenges due to its ability to create secure, trusted,...
BIS head describes ideal ‘unified ledger’ for central banks and other financial users
General manager of the Bank for International Settlements Agustín Carstens spoke at the Singapore FinTech Festival on Feb. 22 and...
Google Cloud partners with Tezos blockchain to develop Web3 tech
Google's cloud computing arm has added another string to its Web3 bow, with a new partnership to see it becoming...
Polygon blockchain reportedly suffers network outage
Layer-2 scaling solution Polygon (MATIC) has not processed a block in over an hour and a half, leading some to...
Web3 Domain Alliance expands with 51 new members
The Web3 Domain Alliance, a member-led coalition that aims to provide a standardized framework for Web3 naming services, has announced...
Tencent Cloud signs multiple collaboration agreements with blockchain firms
According to a press release on Feb. 22, Tencent Cloud, the cloud computing branch of Chinese internet giant Tencent, announced...
TON blockchain freezes $2.6B worth of inactive tokens
According to the results of a community vote on Feb. 22, users and validators of The Open Network (TON), a...
Luxor Mining acquires OrdinalHub amid Bitcoin-based NFTs hype
The January launch of Bitcoin Ordinals created a stir within the crypto community about its place within the Bitcoin ecosystem. Users...
Breakdancing medic’s NFT auctioned at Sotheby’s — Grant Yun, NFT creator – Cointelegraph Magazine
Artist name: Grant Riven Yun Location: Milwaukee Date minted first NFT: Feb. 3, 2021Which blockchains? Ethereum, Counterparty (Bitcoin) Who is he? Grant...
IoT project turns smartphones into blockchain nodes to broaden connectivity
Smartphones could become an integral part of blockchain networks, powering connectivity between smart devices in the Internet of Things (IoT)...
Titanic artifacts to be tokenized as NFT with new partnership
Artifacts recovered from the wreckage of the Titanic are set to be tokenized using blockchain technology through a partnership driven...
