China’s P2P stablecoin wallets surge 43x, Korea’s $450B crypto economy: Asia Express
Despite ongoing bans, China has seen a big surge in peertopeer stablecoin use. New figures show South Korea’s $450B crypto economy is the largest in East Asia.…
A strategist who called the Asian financial crisis sees parallels with the AI boom
Albert Edwards, wellknown for his generally bearish views on equity markets, finds the economicbenefits of AI to be a promise rather than a reality at present.…
AMD’s chief executive is planning to invest ‘tens of billions’ as Asian tour addresses supply-chain chokepoints
AMD’s CEO has been meeting executives in Taiwan and South Korea. Source:MarketWatch
Kraken operator Payward and Singapore Gulf Bank platform for 24/7 institutional crypto settlement
The two firms will initially roll out the digital assets settlement service to select institutional clients in Asia and the Gulf region with aroundtheclock…
Kraken parent adds 24/7 dollar settlement with Singapore Gulf Bank
The partnership will enable select institutions in Asia and the Gulf region to instantly settle US dollar transactions through the bank’s SGB Net…
China warns foreign spies about crypto, Singapore dominates Asia: Asia Express
Singapore’s crypto economy grows 55%, South Korea set to make crypto market makers legal, and Chinese spy ministry warns wouldbe foreign spies it’s watching…
Asia dominates Crypto Adoption Index, Bitget’s $351M hack: Asia Express
The APAC region accounts for half of the Global Crypto Adoption Index. Bitget suffers massive $351M loss and OpenAI forgets to mention its agents hacked the…
Bitcoin slides to $83,300 as bond yields hit highest level since 2007
The 10year Treasury yield reached its highest since 2007, sending U.S. stocks and crypto lower before Asian and European traders bought the dip. Source:CoinDesk
HSBC addresses the concerns that are gripping the stock market — and dismisses most of them
Strategists at the bank recommend leaning into technology stocks, especially in the U.S. and Asia, and European banks. Source:MarketWatch
Bitcoin recovers from Asian-session lows as falling oil price supports risk appetite
Bitcoin traded near $86,000 as WTI crude dropped below $90 and strong stock markets supported risk appetite. Source:CoinDesk
Who needs CLARITY anyway? ARB could see 70X increase: Hodler’s Digest
Crypto missed out CLARITY, but tokenized stocks were legalized and the Bitcoin Reserve advanced. Meanwhile Standard Chartered says Arbitrum’s price could…
North Korea drives onchain malware surge, CoinEx shuts: Asia Express
North Korea and Iran account for the majority of onchain malware, while Malaysia has been named among the most crypto curious Islamic nations.…