Cryptocurrencies

Bitcoin’s silent exodus hits crypto as long-time buyers cash out

A report shows that the amount of coin that was unmoved since early 2023 declined by roughly US$140 billion worth

Recently pardoned by US President Donald Trump, Changpeng Zhao holds no official role at the crypto exchange any longer, but remains an influential voice.

Binance weighs US strategy as billionaire Zhao regains clout

Binance has positioned Yi He’s promotion, who is Zhao’s partner, as a sign of stability

HashKey's chairman and CEO Xiao Feng speaks at the company's listing ceremony at the Hong Kong Stock Exchange, in Hong Kong on Dec 17.

Top Hong Kong crypto exchange HashKey makes market debut

Authorities move to regulate the fast-evolving industry to stay ahead of rival financial hubs

At the same time, regulators continue to warn about the risks, including that investors in cryptocurrencies should be prepared to lose all of their money.

UK regulation of cryptoassets to start in October 2027, finance ministry says

Britain has said that it would collaborate with the US on the best approach to digital assets through a “transatlantic task force”

Tokenisation is the process of creating a digital version of an asset.

Pakistan to allow Binance to explore ‘tokenisation’ of up to US$2 billion of assets

The move comes as other countries expand formal licensing rules for crypto exchanges amid broader global regulatory tightening

Tether, which already has an 11.5% stake in Juventus, says that it “has submitted a binding all-cash proposal to Exor to acquire its entire stake”.

Crypto firm Tether bids for Juventus, is quickly rebuffed

The cryptocurrency firm controls USDT, a popular stablecoin

On Nov 18, Malaysia’s national power provider revealed that more than US$1.1 billion of electricity had been stolen by crypto miners between 2020 and August this year.
BT EXPLAINS

From stealing electricity to heat shielding: Why some go to great lengths to mine Bitcoin

In spite of its price swings, the digital currency remains attractive enough for some miners to break the law to obtain it

Stablecoins operating on newer blockchains – such as Tether – are optimised for speed and throughput, but the transaction-processing capacity of blockchain-based technologies will always be subject to constraints.

Who’s afraid of stablecoins?

Ignore the hype – retailers and wholesalers cannot rely on this digital currency

The crash of Do Kwon’s Terra cryptocurrency caused billions of dollars in losses and triggered a cascade of crises in the crypto market.

TerraUSD creator Do Kwon sentenced to 15 years over US$40 billion crypto collapse

Kwon pleaded guilty in August to two counts, conspiracy to defraud and wire fraud