The Cointelegraph Press Review

Cointelegraph.com News

• Upbit hack puts Binance’s emergency freeze policy under scrutiny
  Binance reportedly froze only about 17% of the funds that South Korean police linked to the Upbit hack, raising questions over how major exchanges act on cross-border law enforcement. According to South Korean broadcaster KBS, Binance froze only a portion of funds that police said were linked to a Nov. 27 hack of crypto exchange […]
• Coinbase may debut prediction markets, tokenized stocks on Wednesday: Report
  Coinbase will showcase its new products on a livestream next week after joining a prediction market coalition with Kalshi and other US operators, Bloomberg reported. Coinbase, the largest US crypto exchange by trading volume, is days away from unveiling its push into prediction markets and tokenized stocks, according to Bloomberg.Coinbase plans to announce next week […]
• Standard Chartered, AirAsia parent to test ringgit stablecoin in Malaysia
  Standard Chartered Malaysia and AirAsia parent Capital A plan to issue and test a ringgit-pegged stablecoin for wholesale applications. Standard Chartered Bank Malaysia and Capital A, the parent company of AirAsia, plan to jointly explore a stablecoin pegged to Malaysia’s local currency, the ringgit.In a statement Friday, the bank’s Malaysian arm and Capital A said […]
• Bitcoin new year bear flag sparks $76K BTC price target next
  Bitcoin price targets included $76,000 and $50,000, thanks to growing bearish BTC price divergences and a lack of upward price momentum. Bitcoin (BTC) has a new $76,000 target as the daily chart continues to print a bear flag pattern.Key points:Bitcoin gets new $76,000 and $50,000 price targets for the next phase of its major correction.Read […]
• CFTC gives prediction markets leeway on data and record-keeping rules
  The CFTC gave “no-action” letters to a group of prediction markets, including Polymarket US, exempting them from swap data reporting and record-keeping regulations. The Commodity Futures Trading Commission has issued “no-action” letters to a group of prediction markets, exempting them from requirements related to swap data reporting and record-keeping regulations.The CFTC’s Division of Market Oversight […]
• Web3 gaming shifts to sustainability as confidence returns: BGA
  The Blockchain Game Alliance reports industry confidence rose to 66% as developers pivoted from speculation to sustainable models following a funding collapse since 2021. The blockchain gaming sector is shifting to more sustainable economics and has improved sentiment and market maturity as it recalibrates its outlook, reported the Blockchain Game Alliance (BGA).The Web3 gaming advocacy […]
• CFTC pulls ‘actual delivery’ crypto guidance, giving flexibility to exchanges
  The CFTC has scrapped its guidance on how crypto is delivered in a transaction, giving “way more flexibility for exchanges,” says StarkWare's Katherine Kirkpatrick Bos. US Commodity Futures Trading Commission Acting Chairman Caroline Pham has scrapped “outdated guidance” on the delivery of crypto, which has been applauded for offering exchanges more flexibility.“Eliminating outdated and overly […]