Asia
Impact of US Bitcoin ETFs on State of DeFi in Asia
Haseeb Qureshi, managing partner at crypto investment firm Dragonfly Capital, discusses the impact of the U.S. ETF landscape on the state of DeFi in Asia. Plus, insights into crypto trading in mainland China and areas of investment opportunities.
Kazakhstan to Limit Power for Crypto Mining to 100 MW Nationwide
New mines will have to consume less than 1 MW over two years in what has become the world’s second-largest bitcoin mining country.
Gemini Introduces ‘Earn’ Product in Hong Kong as Part of Asia Push
Users can receive yields of up to 8.05%.
DeFi Pushes North America to Become World’s Second-Biggest Crypto Market
China started losing its position in global crypto markets before this year’s crackdown.
Binance Wants Former Abu Dhabi Global Market Head as Asia CEO: Report
The exchange has become more proactive in dealing with regulators amid heightened scrutiny.
Solana Hits All-Time High, GoSats Launches Bitcoin Reward Card
Solana hits an all-time high. India’s GoSats launches a bitcoin reward cashback card, and a new survey from Finder shows Asia ranks top on cryptocurrency adoption. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Changing Crypto Trading Patterns Reveal the Market’s Power Shift to the West
A recent blockchain analysis revealed that on Coinbase, Gemini and Kraken, exchanges that are more popular among users in the West, the average weekend bitcoin trading volume is growing relative to the average weekday volume, pointing to a dramatic shift in trading patterns this year from Asia to North America and Europe.
Top South Korean Money Transfer Firm Joins RippleNet to Further Remittances to Thailand
Ripple is focusing on Asia, which the company has said is its fastest-growing market.
Ex-Poker Pros Raise $130M Fund for DeFi Bets
Ascensive Assets’ investors are mainly high-net-worth individuals in Asia connected to the gambling industry.
E-CNY White Paper Released, Malaysia Steamrolls Mining Rigs
China releases white paper on E-CNY. Bitcoin mining difficulty falls for the fourth time in a row. Malaysian police steamroll seized crypto mining rigs. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
