AI
Despite 80% AI adoption, APAC banks grapple with confidence in scam prevention
AI becomes frontline in APAC's battle with sophisticated financial scams.
Liam 'Akiba' Wright 2 min read
Asia Crypto News
Insights on policy shifts, CBDC pilots, mining trends, and the broader impact on global crypto markets.
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Investments
Singaporean VC firm Foresight Ventures buys 80% stake in The Block
The acquisition alleviates financial burdens on the company brought about by financial entanglements with FTX, but does not provide new working capital.
Exchanges
Bitget subsidiary BitgetX closes operations, opts out of Hong Kong crypto market
BitgetX to shut down Hong Kong operations, refrains from applying for VATP license.
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Bithumb sets sights on 2025 South Korean IPO on KOSDAQ amid leadership overhaul
Amid executive turbulence, Bithumb forges ahead with a strategic IPO to revamp corporate image.
Investments
Japanese banking giant Nomura launches ETH fund via crypto unit Laser Digital
Nomura's Laser Digital aims to bolster institutional investment strategy with the new fund, which follows the launch of its Bitcoin Adoption Fund in September.
NFTs
UV-A lights at ApeFest caused eye and skin problems, Yuga Lab confirms
Several ApeFest attendees had complained of eye discomfort, vision problems, and skin irritation after the event.
NFTs
Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs
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Regulation
Kazakhstan bans Coinbase amid crackdown on unregulated crypto activity
Coinbase's website was blocked by the Kazakh government as the exchange does not have a license to operate in the country.
Investments
Hong Kong reportedly considers allowing retail investors to trade spot crypto ETFs
Hong Kong is positioning itself as a crypto-friendly jurisdiction by introducing several attractive initiatives for the industry.
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AI
NVIDIA backs decentralized cloud provider Aethir for future of AI and cloud gaming
CBDCs
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Legal
Terra co-founder Daniel Shin blames ecosystem failure on Do Kwon’s management
Regulation
