Asia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments.
Hong Kong gaming firm to invest $100M in crypto…
Bitcoin options data shows whales betting big — Will $50K BTC come in January?
Bitcoin (BTC) options open interest reached an unprecedented milestone, surging to a staggering $20.5 billion on Dec. 7. This remarkable achievement signifies the…
Babylon Chain closes $18M funding for Bitcoin staking
Polychain Capital and Hack VC led the $18 million Series A funding round of Babylon Chain, a protocol working on Bitcoin (BTC) staking, bridging the decentralized…
Bitcoin price continues to drop, but how are pro BTC traders positioned?
Bitcoin (BTC) has experienced a remarkable 15.7% price surge in the first six days of December. This surge has been heavily influenced by the anticipation of an…
FTX to submit revised reorganization plan in mid-December
The Official Committee of Unsecured Creditors has written a reply to the FTX 2.0 Customer Ad Hoc Committee, providing insights into the details of its proposed…
Blockchain projects make push to decentralize climate markets
As the 2023 United Nations Climate Change Conference (COP28) takes place in Dubai, United Arab Emirates, many projects participated in the climate action effort…
‘Early bull market’ — Bitcoin price preps 1st ever weekly golden cross
Bitcoin (BTC) is lining up an “early bull market” as a unique chart feature plays out for the first time in history.In a post on X (formerly Twitter) on Dec. 7,…
Jack Dorsey’s Block Inc. launches self-custody Bitcoin wallet
Financial payment processor Block, co-founded by Jack Dorsey, has launched its self-custody Bitcoin (BTC) wallet.Dubbed "Bitkey," developers said during the Dec.…
Phoenix seals $380M deal with WhatsMiner for green Bitcoin mining
United Arab Emirates firm Phoenix Group has disclosed a new purchase of hardware equipment from WhatsMiner, aimed at expanding its portfolio of hydro cooling…
Changpeng Zhao’s next move could involve decentralized science
Changpeng “CZ” Zhao’s tenure as the CEO of Binance may be over, but the exchange giant’s loss could be a boon for the decentralized science (DeSci) sector.In a…