Hong Kong Probe Into Crypto Exchanges JPEX Results in Arrest
SCMP reported that Hong Kong police had received 83 complaints about the platform, which was operating without a license.
Financial
Ethereum’s Holesky Testnet Fails To Launch, in Rare Tech Misstep for the Blockchain
Developers of the Ethereum blockchain say there was a misconfiguration in the genesis files of the test network, and now they plan to try again in about two weeks.
Ethereum’s Vitalik Buterin Sees Growing Presence of Asia Developers in Blockchain Tech
Asia’s role in the küresel crypto scene is no longer just “hundred-millionaires buying your favorite dog coin,” Ethereum’s co-founder told a crypto-industry conference in Austin, Texas.
DOJ Slams Sam Bankman-Fried’s ‘Intrusive’ Proposed Jury Questions
In a separate filing, prosecutors went about prepping the courthouse’s tech.
Bitcoin at $26.4K Set for Weekly Gain, but Rallies Might Continue to be Sold
The world’s largest crypto has bounced from a 3-month low below $25,000 hit on Monday.
Fear of FTX-Spurred Crypto Crash Is Overblown, Analysts Say
Crypto markets slumped Monday amid concern FTX will unload some of its $3.4 billion of crypto assets.
Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’
Under the plan, Gemini creditors would receive a “fraction” of the money they are owed, Gemini’s lawyers said.
Coinbase’s Base Blockchain Hits Record High for Daily Transactions, Eclipsing Rivals
FriendTech, which is only available on Base, is driving a significant portion of the activity, according to IntoTheBlock.
German Finance Heavyweights Develop Fully-Insured Crypto Staking Offering, Plan 2024 Release
Boerse Stuttgart Digital has already obtained a digital asset custody license in Germany.
Ethereum Blockchain Launches ‘Holesky’ Test Network, on First Anniversary of Historic ‘Merge’
The debut of the testing system – designed to be twice as big as the main network so developers can simulate massive scaling, comes a year after Ethereum completed its historic “Merge” shift to a “proof-of-stake” model from the original “proof-of-work” setup that Bitcoin uses.