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Klaytn, South Korean internet giant Kakao’s public blockchain, will build an open-permissioned blockchain for China’s state-backed Blockchain-based Service Network’s (BSN) infrastructure for the Middle Kingdom’s domestic use. See related article: Resist the temptation on NFTs, Chinese state-backed developer says Fast facts Klaytn said on Tuesday it will take part in establishing the Chongqing
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Data from website traffic metric provider Similarweb shows that Deribit and OKX continue to attract significant traffic sources from China despite a blanket ban on crypto transactions and foreign exchanges last year.China has banned the use of cryptocurrencies more than a dozen times in the last decade. However, the one
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Bitcoin continues losses as major markets around Asia end the week Source
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"In one remarkable stretch, Taiwan went 200 days without a COVID-19 case, and without China-style lockdowns. The secret sauce? Thanks to privacy-protecting encryption, citizens were happy to scan QR codes and “check in” at every restaurant, store, bar or cafe. They did this without revealing their personal data. It worked
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Bitcoin (BTC) fell into the May holiday weekend after late trading saw crypto losses echo "basically everything."BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMacro keeps BTC firmly in its placeData from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing at $38,180 on Bitstamp to circle $38,600 on April 30. The pair had performed
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Major equity markets in Asia have declined significantly in recent months, and bitcoin has followed a similar pattern. Original Source
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Both countries have ratcheted up regulation in recent months, creating a less nurturing environment for the crypto industry; most major cryptos were in the green in Wednesday trading. Source
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Investors in the region were more risk-averse this week amid fresh evidence of the U.S. central bank's commitment to hawkish monetary policy and an unsettled macroeconomic environment; cryptos were mixed. Source
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A number of crypto observers have viewed Bitcoin as ushering in a new era of financial sovereignty amid growing uncertainty about long-term U.S. economic dominance globally, but many countries are still investing in gold and U.S. T-bills. Original Source
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