FTT-Alameda Drama Weighs on Market as Asia Begins its Week
FTT, SOL, and BNB all begin the week in the red as the market digests Alameda’s questionable financial position. Original Source
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Asia
First Mover Asia: SBF Talks Consumer Protection and Crypto Titans Clash
Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings. Original Source
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First Mover Asia: Alameda Research, FTX Are Bound to Each Other; Bitcoin Trades Sidways, Dogecoin Plunges Late as Twitter Halts Work on Crypto Wallet
First Mover Asia: Alameda Research, FTX Are Bound to Each Other; Bitcoin Trades Sidways, Dogecoin Plunges Late as Twitter Halts Work on Crypto Wallet Original Source
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First Mover Asia: Arbitrum Sees Transactions Skyrocket as Traders Anticipate Potential ‘ARBI’ Airdrop; Ether, Dogecoin Tumble Following FOMC Rate Hike
Weekly transactions on Arbitrum have soared over 555% since August. Crypto traders see huge potential for the ecosystem. Original Source
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First Mover Asia: Hong Kong FinTech Chair Praises Crypto Friendly Policy Statement; Dogecoin Outshines Bitcoin, Ether
Neil Tan said that the statement by the Financial Services and Treasury Bureau acknowledged the importance of retail investors and would help clarify regulatory issues similar to other countries recent frameworks. Original Source
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First Mover Asia: Scams on Binance's BNB Chain Highlight Weaknesses in Quality Control; Bitcoin Sags
A Solidus Labs report showed that Binance’s BNB Chain leads in volume of scams. The exchange giant’s validators were able to prevent a major hack earlier this month. Could they play a bigger ongoing role through a quality control DAO? Original Source
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First Mover Asia: Crypto Traders Are Betting on World Cup-Themed Tokens. What’s Driving the Interest?
Some of the tokens have soared in recent days, although they are not licensed or have an affiliation with World Cup teams. An analyst says they “have little to no intrinsic value.” Original Source
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First Mover Asia: China’s Bitcoin-Funded Intelligence Operation in US Likely About Chips; Bitcoin Soars Past $20K
The U.S. Department of Justice is alleging that two Chinese intelligence officers tried to bribe an undercover FBI agent with bitcoin for information about the U.S. government’s investigations into technology giant Huawei. Source
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First Mover Asia: Is Binance Becoming Too Dominant?
First Mover Asia: Is Binance Becoming Too Dominant? Source
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First Mover Asia: Solana’s Anatoly Yakovenko Thinks His Phone Is the Tool for a Mobile Web3 Experience
The Solana protocol faces a massive challenge in convincing people to use its phone to do things they can do with existing phones. Original Source
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