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South Korea’s opposition party vows to endorse spot bitcoin ETFs: report

South Korea’s opposition party vows to endorse spot bitcoin ETFs: report

Now both the ruling and opposition political parties of South Korea are promising to allow spot bitcoin ETFs ahead of the upcoming election.

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DeFi Platform Earning Yield by Shorting Ether Attracts $300M on First Day

Ethena offers a 27% annualized reward to holders of its USDe stablecoins, a yield mostly generated by shorting ether futures.

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Bitcoin Order Books Are Most Liquid Since October as Market Depth Nears $540M

Order book liquidity indicates how easy it is to buy and sell large quantity at stable prices.

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Chinese local authorities warn public of crypto-related scams amid broader crackdown

Authorities in Dalian alerted investors about illegal fundraising scams disguised as crypto or metaverse investment opportunities.

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Liquid restaking protocols surge past $3.5 billion in total value locked

The TVL in liquid restaking tokens now stands at over $3.5 billion as users continue to deposit funds into EigenLayer through them.

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Crypto hedge fund Tyr faces allegations of ignoring FTX risk warnings: FT

Tyr Capital has been accused of mismanagement by an investor and searched by Swiss prosecutors, the Financial Times reported.

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Swiss Crypto Hedge Fund Tyr Capital Clashes With Client Over FTX Exposure: FT

Tyr investor TGT has brought claims against the hedge fund that it ignored several warnings over its ties with FTX.

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UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg

UK Economic Secretary to the Treasury Bim Afolami has said the UK government was “pushing very hard” to bring legislation for stablecoins and staking services for crypto assets within six months, according to a Bloomberg report.

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UK seeks to lock in new stablecoin rules within next six months: Bloomberg

The UK government is ‘pushing very hard’ to legislate new regulations on stablecoins and crypto staking services within the next six months.

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Where Coinbase Canada Goes, so Does the World

Canada, quicker to adopt ETFs than the U.S., may offer a signal to where the U.S. goes next.

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