Asia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments.
$500B firm partners with Polygon
South Korea’s…
Ethereum’s proto-danksharding to make rollups 10x cheaper
Zero-knowledge proof (ZK-proofs) solutions have proved critical in helping scale the Ethereum ecosystem, but proto-danksharding is expected to drastically reduce…
Blockchain could have prevented Nigeria’s naira scarcity — Local experts
Blockchain technology can help solve economic problems in Nigeria and throughout the African continent, according to a group of local blockchain experts who cited…
Decentralized Infura launch within months, Web2 cloud giants may join: Consensys
A decentralized version Infura will launch by the end of the year, with major Web2 cloud providers set to become part of the network, a ConsenSys executive says.…
Brinc joins forces with Cointelegraph Accelerator
Web3 startups often face challenges unique to the nascent ecosystem — complex regulatory landscapes and scaling with decentralization are just two of many.…
Binance CEO brushes off negativity, assures firm has ‘no liquidity issues’
Binance co-founder and CEO Changpeng ‘CZ’ Zhao has hosed down recent rumors against his firm, assuring its balance sheet and employee retention remain robust,…
JPMorgan moves into deposit tokens for settlements: Report
Financial giant JPMorgan is making another move into the crypto space with a new blockchain-based solution for cross-border transactions, reveals a report by…
Persistent macro headwinds could delay Bitcoin bull market — ARK Invest
2023 has been a whipsaw year for investor sentiment and even though equities markets have defied expectations, a recent report from ARK Invest highlights reasons…
Stake hack of $41M was performed by North Korean group: FBI
The $41 million hack of crypto gambling site Stake was carried out by the North Korean Lazarus Group, the Federal Bureau of Investigation (FBI) stated in an…
Binance’s indecision to freeze BNB wallets drew controversy in this $11M rug pull
A BNB Chain rug pull scammed users out of $2 million worth of BNB ($11 million at today’s prices). Users asked Binance for help, and Binance said it had frozen…