Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps
DeFi platform Sushi has partnered with interoperability platform ZetaChain to explore the possibility of native Bitcoin swaps for its users across 30 different…
Singapore central bank to trial live wholesale CBDC for settlements
A pilot program for a live Singapore dollar-based central bank digital currency (CBDC) was unveiled by Singapore’s central bank with a wholesale CBDC to be used…
CoinShares gets buying rights to Valkyrie’s crypto ETF unit
European digital asset management firm CoinShares secured the exclusive option to acquire the exchange-traded fund (ETF) unit of its United States competitor…
Web3 should draw newcomers, not be a ‘money grab from brands’ — Tech CEO
The crypto industry should focus on building blockchain-based solutions everybody can benefit from instead of launching cash grabs for brands, says Amy Peck, CEO…
Polygon gas fees spike 1000% amid Ordinals-inspired token craze
Gas fees on Ethereum layer-2 Polygon (MATIC) surged more than 1,000% to reach a peak of $0.10 as users inundated the network with the minting of Ordinals-inspired…
No civil protection for crypto in China, $300K to list coins in Hong Kong? Asia Express –…
Our weekly roundup of news from East Asia curates the industry’s most important developments.
Hot week for Hong Kong exchanges
Hashkey…
Failed ‘$175M’ real estate token raise draws ire of Texas regulators
The Texas State Securities Board has accused a network of companies under the "GS" brand and operating from Germany of fraudulent activities "tied to digital…
Tether plans major expansion into BTC mining with $500M investment: Report
Tether is planning a large-scale expansion into Bitcoin (BTC) mining, according to Paolo Ardoino, who is expected to take the helm at the company soon.The…
Brazil’s crypto regulatory environment is driving competitiveness — CEO of Coinext
Cryptocurrency may be "out of fashion", but it still draws new users to Web3 every day, in particular in emerging markets such as Brazil, according to Bitcoin…
Aave Companies rebrands to Avara, acquires Ethereum self-custody ‘Family Wallet’
Decentralized finance (DeFi) group Aave Companies has been rebranded to Avara as it looks to broaden its user base across the Web3 ecosystem.Stani Kulechov,…