According to Foresight News, CoinDesk has released a report on the state of Web3 in the Asia-Pacific region. The study reveals that the adoption rate of Web3 technologies in this region is 22%, which is three times the global average. This significant uptake highlights the growing influence of digital assets in reshaping the future of finance.

The report indicates that 61% of respondents in the Asia-Pacific area believe that digital assets are playing a crucial role in transforming financial sy

According to PANews, Bolivia has experienced a significant increase in cryptocurrency trading following the lifting of its ban on digital currencies. The trading volume has surged by 112%, with the number of cryptocurrency holders exceeding 252,000. From July to October this year, the trading volume reached $75 million, a notable rise compared to $46.4 million in the first half of the year.

Stablecoin USDT has gained popularity as an alternative to the US dollar, with Bisa Bank leading the way

According to Odaily, Barclays economist Bum Ki Son has indicated that South Korea's consumer inflation is likely to increase in December following a lower-than-expected growth in November. This potential rise in inflation for two consecutive months could lead the Bank of Korea to pause its interest rate cuts in January.

In November, the benchmark consumer price index rose by 1.5% compared to the same period last year, which was an increase from October's 1.3% rise but fell short of the market'

On Dec 03, 2024, 02:39 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 96,000 USDT benchmark and is now trading at 96,028.671875 USDT, with a narrowed narrowed 1.51% decrease in 24 hours.

According to Odaily, Bitcoin mining company MARA Holdings, Inc. has announced an increase in the total principal amount of its 0.00% convertible senior notes due in 2031 to $850 million, up from the initially announced $700 million. Additionally, MARA has granted the initial purchasers of the notes an option to buy up to an additional $150 million in principal amount within 13 days from the first issuance of the notes. The offering is expected to close on December 4, 2024, subject to customary c

According to PANews, recent monitoring by PeckShieldAlert has revealed significant cryptocurrency movements involving addresses associated with Alameda. Approximately 5 million WLD tokens, valued at around $16 million, were transferred to multiple target addresses, including 0xd9C4…8f92 and 0xEF90…27f7. In addition, 1 million POL tokens, worth approximately $623,000, were moved to Wintermute.

These transactions highlight ongoing activities within the cryptocurrency market, where large transfers

According to Foresight News, Spectral, the on-chain proxy machine intelligence network, has released a post-incident analysis regarding a security breach on its Syntax platform. The incident occurred on December 1, 2024, and involved a vulnerability in the bonding curve contract. The Spectral team has identified and rectified the issue to prevent future exploitation.

In response to the breach, Spectral has engaged Zellic to conduct an audit of the updated contracts. This step is part of their e

According to Odaily, recent data from Farside Investors indicates that VanEck HODL witnessed a net outflow of $10.9 million yesterday. This development highlights a notable shift in investor sentiment, reflecting broader market trends and potential impacts on the investment landscape.

The outflow from VanEck HODL underscores the dynamic nature of the financial markets, where investor decisions can be influenced by a variety of factors, including economic conditions and market forecasts. Such mo

According to Odaily, recent monitoring by iChainfo has revealed a significant transaction involving Copper and Ethena. Approximately one hour ago, Copper, identified by the address 0x293a...1a9b, transferred a substantial amount of 108.91 million USDC to Ethena, associated with the address 0x2d4d...7bb4.

This transaction highlights the ongoing movement of large sums within the cryptocurrency market, reflecting the dynamic nature of digital asset exchanges. The transfer of such a significant amo

According to Foresight News, Ethereum co-founder Vitalik Buterin recently shared insights into Ethereum's significant connection with China during an interview with Wu Blockchain. He highlighted the pivotal role played by Wanxiang in supporting Ethereum during a critical financial period.

In 2015, following the launch of Ethereum's mainnet, the foundation faced severe financial constraints, nearly exhausting its funds. To sustain the development team, the foundation needed to sell Ethereum. Wa

According to BlockBeats, recent data from the official website indicates that the lending protocol Aave is offering significant deposit rates on the Ethereum network. As of December 3, the deposit rate for USDC has reached 46%, while the rate for USDT stands at 34%.

These rates reflect the current dynamics within the decentralized finance (DeFi) sector, where interest rates can fluctuate based on supply and demand factors. Aave, a prominent player in the DeFi space, provides users with the oppo

According to Decrypt, Japanese cryptocurrency exchange DMM Bitcoin has announced plans to cease operations by March 2025. The company will transfer customer accounts and custodial assets to SBI VC Trade, the crypto division of financial giant SBI Holdings. This decision follows a significant cyberattack that resulted in a $305 million loss and the theft of 4,502.9 Bitcoin (BTC), leading to the suspension of spot trading and withdrawal services.

DMM Bitcoin has stated that it will provide furthe

According to PANews, EDX Markets, a cryptocurrency exchange dedicated to institutional clients, has announced a leadership transition. Tony Acuña-Rohter, who has been serving as the Chief Technology Officer (CTO) since 2022, has been appointed as the new Chief Executive Officer (CEO). Meanwhile, the founder and former CEO, Jamil Nazarali, will take on the role of Executive Chairman. Acuña-Rohter has been instrumental in leading the technology and information security efforts at EDX, having previ

According to PANews, a recent report by 10X Research reveals that South Korea's cryptocurrency retail trading volume reached $18 billion in the past 24 hours, marking the second-highest level this year. This figure surpasses the $14 billion trading volume of the local stock market. Leading the cryptocurrency trading volume is XRP, with $6.3 billion, followed by Dogecoin at $1.6 billion, XLM at $1.3 billion, ENS at $900 million, HBAR at $800 million, and Shiba Inu at $600 million.

The report als

According to Odaily, a judge in Delaware has once again rejected Tesla CEO Elon Musk's substantial compensation package, despite shareholders voting in favor of reinstating it during the company's annual meeting on June 13. The judge upheld the initial January ruling, declaring the compensation plan illegal due to insufficient disclosure of its details to shareholders and a lack of independence among Tesla's board members.

Tesla and Musk's legal representatives argued that the second shareholde

According to Odaily, the cryptocurrency market is experiencing diverse capital flows from both institutional and non-institutional participants. Chris Newhouse, Head of Research at Cumberland Labs, highlighted the strong institutional buying pressure, particularly from entities like MicroStrategy, which continues its accumulation strategy. Despite this, the broader crypto ecosystem is witnessing varied capital movements.

Fadi Aboualfa, Head of Research at Copper Technologies Ltd., noted a shift

On Dec 03, 2024, 00:37 AM(UTC). According to Binance Market Data, BNB has crossed the 650 USDT benchmark and is now trading at 650.159973 USDT, with a narrowed narrowed 1.28% decrease in 24 hours.

According to Odaily, recent data from Tree News indicates that BlackRock's ETHA experienced a substantial net inflow of $56.1 million yesterday. This significant movement highlights growing investor interest and confidence in the asset. The inflow marks a notable development in the financial landscape, reflecting broader trends in the market.

The influx of capital into BlackRock's ETHA suggests a positive sentiment among investors, potentially driven by various market factors. This development

According to Odaily, Bitwise CEO Hunter Horsley recently shared insights on social media platform X, highlighting notable developments in the cryptocurrency market over the past month. Horsley pointed out that Coinbase's market capitalization has surged by approximately $30 billion, while XRP's market value has increased by around $100 billion.

Horsley emphasized that the shift in U.S. regulatory stance from a headwind to a tailwind represents one of the most significant structural catalysts t

According to Odaily, several long-dormant Bitcoin addresses have been reactivated, marking significant movements in the cryptocurrency world. At 1:22 AM UTC+8, an address containing 26 BTC, valued at approximately $2,552,125, was activated after being inactive for 12.2 years. This event was closely followed by another activation at 5:20 AM UTC+8, where an address holding 11 BTC, worth around $1,058,951, came back online after 11 years of dormancy. Notably, these Bitcoins were valued at just $9,8