Asia Express: Bank of China Embraces Ethereum, HK Exchange Rolls Out Red Carpet Amid Korean Crypto Contagion
Hong Kong lays out welcome mat for exchanges, Korean crypto lender contagion, Do Kwon banged up abroad, Bank of China’s Ethereum debt note.
Ethereum
Controversy Surrounds Aave’s Proposal to Freeze Loans of Alleged Curve Founder
The proposal suggests that a cap should be imposed on the use of CRV as collateral, preventing this wallet address from adding more loans.
Despite AWS experiencing an outage in the US, Ethereum continued to operate smoothly.
Ethereum hummed along through the latest AWS outage but one commentator said its reliance on Lido for staking could cause issues in the future.
“AI Eye: Assessing the Nuclear-Level Threat of AI and the Simultaneous Advancement of AI Fields with Lame Picture Puns”
Is AI an existential threat like nuclear weapons, or as likely to kill us as a toaster? Why all AI fields advance at once, and dumb pic puns.
CTO of Tether explains that the $1 billion USDT minted on Ethereum is intended for chain swaps.
The move is Tether’s second $1 billion mint in two months, bringing the total USDT minted by the stablecoin issuer in 2023 to over $16 billion.
Hodler’s Digest, June 4-10: Binance and Coinbase Face Legal Battle as SEC Identifies 67 Crypto-Securities
The SEC sues Binance and Coinbase, and labels dozens of coins as securities. Both the crypto exchanges paused services while promising legal battles in courts.
What is the reason behind the crypto market’s decline today?
The crypto market is down today after Robinhood announced delisting of “unregistered securities” tokens from its platform.
Tokenization wave boosts real-world asset protocols to outperform DeFi blue chips
Traditional finance companies are boosting their engagement with Ethereum-based real-world asset protocols, resulting in RWAs outperforming DeFi blue chips.
BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT: Analysis of Prices on 6/9
Stock markets are showing strength, and selling by crypto traders has taken a pause. Is this a sign that Bitcoin and altcoins are about to reverse course?
COVID-19 research to receive $100M contribution from Vitalik Buterin and co-founder of Polygon.
Research into “Long COVID” and furthering medical infrastructure development will be the two main focus areas for Buterin.
