Bitcoin derivatives markets created a short squeeze that took BTC price action 3% higher on Monday.
China adds 8 banks to digital yuan network as operator count hits 30
The newly authorized lenders will begin offering e-CNY services after completing operational and technical preparations.
South Korea moves to block Polymarket over gambling concerns
The Korea Media and Communications Commission said Polymarket’s structure and operations amount to illegal gambling despite its noncustodial design and smart contracts.
BitBox patches ‘severe’ wallet flaws that could put funds at risk
BitBox recommended all users update to firmware version 9.26.5 and said it had received no reports of exploitation or fund losses.
Ethereum Foundation warns some tools may break with Glamsterdam upgrade
Developers have been urged to test on Plataberget before Glamsterdam’s new gas model reaches Ethereum’s other testnets and mainnet.
South Korea’s Jeonbuk Bank taps Ripple for cross-border payments
Ripple is bringing its cross-border payments platform to Jeonbuk Bank, but key details including its launch status and settlement asset remain undisclosed.
Alleged $165M crypto Ponzi mastermind faces US charges after Fiji deportation
Prosecutors allege Edward Zimbardi collected crypto from thousands of investors, lost over $34 million on currency trades and spent at least $10 million personally.
‘Fabricated rumors’ about BitMart founder, Binance bStocks dominate: Asia Express
Binance’s bStocks are the second largest tokenized stock issuer just two months after launch, and BitMart’s internal feud erupts into the spotlight ahead of its closure
OCC approves Trump family crypto company for trust charter
The US financial regulator gave conditional approval for World Liberty Financial’s charter bid as ten Democrats signed onto a bill to “prevent corruption in banking applications.“
Binance to plan UK relaunch with FCA license application: Report
Binance’s UK arm has been barred from offering regulated activities in the country since June 2021, but the company will reportedly move to secure licensing under new crypto rules.