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Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims
24.2.2022
Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news comes amid electricity shortages and upcoming tax hikes that are turning miners away from the Central Asian nation. Bitcoin...
Southeast Asia’s Largest Bank DBS to Launch Crypto Trading for Retail Investors
16.2.2022
DBS, the largest bank in Southeast Asia, is planning to launch crypto trading for retail investors this year, the bank’s CEO has revealed. He added that in the first half of this year, DBS will focus on making “access to digital assets a lot more convenient.” DBS Bank to Offer...
The Problem With Critical Role’s Latest Campaign
8.2.2022
In early fall, the hugely successful Dungeons & Dragons “actual play” series Critical Role announced plans for their third campaign, set in the fictionalized world of Marquet. While the campaign would draw inspiration from real-life SWANA [Southwest Asian/North African] cultures, the group...
Major crypto exchanges eye Asian market amid growing regulatory clarity
2.2.2022
Crypto adoption is expanding apace across Asia, with major global exchanges inking partnerships and making acquisitions on the continent
Fed’s Minutes Report ‘Bludgeons’ Global Markets — Stocks, Crypto, Precious Metals Slip in Value
6.1.2022
Minutes from the U.S. Federal Reserve’s policy meeting on December 14-15 show that the central bank is being persistent about unwinding quantitive easing (QE) tactics and that it views ultra-low interest rates as no longer necessary. Global markets immediately dropped after the news...
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners
31.12.2021
The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the booming crypto mining industry. Problems with power supply are driving away miners that saw the Central Asian country as a new home when China recently cracked down...
Asian Sellers Weighing on Bitcoin Price, But Possibly Not for Much Longer
20.12.2021
The bitcoin (BTC) price on average moves markedly lower during Asian business hours than it does during the European and US business hours, indicating that significant selling pressure is coming from Asian investors, new data from on-chain analytics firm Glassnode suggests....
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AOFEX Enters Taiwan to Boost the South Asian Market
7.12.2021
AOFEX, the global digital assets service provider, officially established its Taiwan branch this month. The service provider aims to enhance the South Asian market while improving its global influence. The latest development will elevate AOFEX’s existing product suites catered towards...
Huobi Research Report ‘Taper Landed’ Paints Bleak Picture for Cryptocurrency Assets
7.12.2021
A report issued by the Huobi Research Institute, the investigative arm of the Asian exchange, examines the effect that upcoming changes of U.S. Federal Reserve policy could have on the price of cryptocurrencies. The report, titled “Taper Landed: The Turning Point of The Cryptocurrency Market...
Southeast Asian financial institutions turn to the Ethereum blockchain
22.11.2021
Is Ethereum the blockchain of choice for financial institutions in Southeast Asia, or will companies seek alternatives due to limitations?
Ludena Protocol Chooses Enjin for Asian Blockchain Gaming Market Growth
17.11.2021
Enjin, the renowned NFT ecosystem, recently entered a partnership with Ludena Protocol. Joining hands with Korea’s biggest P2E (play-to-earn) social gaming platform is a massive boost for Enjin. In addition, the NFT ecosystem will allow Ludena Protocol to promote blockchain gaming across Asia. With...
NASDEX Syncs Chainlink Price Feeds to Provide On-Chain Accessibility to Traditional Asian Assets
11.11.2021
NASDEX has announced its integration with Chainlink price feeds on Polygon Mainnet enabling Asian-based stocks’ foray into the NASDEX trading platform. Why Chainlink? Announcing this integration, NASDEX officials explained that they have chosen Chainlink because they believe in its ability...
Hong Kong firm to offer insurance for Asian cryptocurrency holdings
11.11.2021
Insurance and risk management for digital assets will increase investor confidence, said OneDegree
Asian CBDC projects: What are they doing now?
16.10.2021
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar?
Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments
10.10.2021
Sri Lanka’s leading online retailer, Kapruka, has unveiled plans to introduce support for cryptocurrency payments. The news comes as the South Asian country intensifies efforts to adopt legislation tailored to regulate its blockchain space and attract investments from the crypto industry....
Crypto Miners Blamed for Power Supply Deficit in Kazakhstan, Government Mulls Restrictions
3.10.2021
Kazakhstan is facing electricity shortages and cryptocurrency mining has been singled out as the main culprit. Amid an ongoing crackdown in China, the Central Asian nation has become a magnet for crypto miners who are taking advantage of its low electricity rates. Republic of Kazakhstan Sees...
European, Asian Investors Drive Bitcoin, Ethereum Investments - Survey
14.9.2021
the 2020 market conditions increased their likelihood of investing in digital assets, crypto markets are likely to continue their rapid expansion in the coming years, they said.Conducted between December 2020 and April 2021, the survey is based on 1,100 blind online and phone interviews of pr
The Meaning Of Kawaii
9.9.2021
Kawaii. You hear it in anime, you hear it on TV shows, and you hear it on the streets of Japan, where the word is uttered by young and old alike. With people around the world growing up on Japanese popular culture, the word has also entered the international zeitgeist. But what does kawaii actually...
Demand for Crypto Mining Rigs in Vietnam Rises With Bitcoin Prices, Report Reveals
7.9.2021
Higher cryptocurrency prices recently have restored interest in digital coin minting in Vietnam. Crypto mining is once again seen as an investment opportunity with other options being limited by the ongoing coronavirus pandemic that has been affecting the Asian country. Vietnam’s Sales...
Asian Lonely Hearts Falling Victim to Bitcoin, Tether Scammers
26.8.2021
More Asian lonely hearts are reportedly being tricked out of their hard-earned money – and tokens like bitcoin (BTC) and tether (USDT) – by a growing number of scammers who prey on the unsuspecting users of dating apps.
Several reports from the region have recounted how romance-seeking smartphone...