South Korea Passes Crypto Bill for User Protection
The bill marks the country’s first step towards a digital asset legal framework.Source
First Mover Asia: Bitcoin Maintains $30K as Prospective Issuers Refile ETF Applications
PLUS: Japan is a regulatory success story when it comes to digital assets and Web3. But walking around the recent IVS Crypto Conference in Kyoto, one can’t help but feel that something is amiss.Source
Poly Network Attacker Issues ‘Worthless’ Billions in SHIB, BNB, BUSD in Latest Crypto Hack
An estimated $4 billion worth of malicious token issuances on PolyNetwork will not bear much money for attackers due to low liquidity and security precautions.Source
Azuki Is Rebuilding After Its Elementals Mint Mishap
Azuki’s latest expansion of its NFT ecosystem missed the mark, while Candy Digital and Palm NFT are merging together to create a superpowered NFT production studio. Also, Warner Music Group and Polygon are launching a blockchain music accelerator program.Source
Court Orders Kraken to Turn Over History Transaction and Account Information to IRS
A federal court ordered crypto exchange Kraken to turn over account and transaction information to the IRS, which said it needed that information to see if any of the exchange’s users had underreported their taxes.Source
Harry Styles Concert App Takes Fans in More Than One Direction With Blockchain Rewards
At a recent concert, 5,000 of the pop star’s fans opened digital wallets through the EVNTZ app, paving the way for future blockchain-based rewards.Source
Coinbase Will Be Surveillance Partner for Fidelity, Other Bitcoin ETFs, Refiled Applications Say
Cboe’s BZX Exchange named crypto exchange Coinbase as the market for its surveillance-sharing agreement when it refiled its bitcoin exchange-traded fund application on TKday.Source
Azuki Teases Anime Series, New Artwork After Missing the Mark on Elementals Mint
The team behind Azuki discussed ways to rebound after its community was left frustrated by the new Elementals NFT collection.Source
Applied Digital Stock Surges 12% After Announcing Its Third AI Deal
Applied Digital will be deploying HPE’s Cray XD supercomputers in its AI cloud service.Source
Crypto Miner Hive Blockchain Touts Privacy of AI Models Running on Its GPUs
Hive wants to provide enterprise AI training in its fleet of GPUs.Source