Vancouver-based cryptocurrency mining firm Hive Blockchain Technologies Ltd. reported bigger losses in its latest quarterly earnings report published Tuesday, mainly due to Ethereum’s Merge and lower Bitcoin prices. In the quarter that ended on Dec. 31, Hive booked a net loss of US$90 million, compared to a net income of…

Taiwan’s Ministry of Justice said on Wednesday that it may be adding cryptocurrencies to the list of properties that public servants must declare. Taiwan’s anti-corruption watchdog said in a statement that it is mulling regulations that will require government officials and employees to report their crypto asset holdings under local…

China might need to modify its regulations on cryptocurrencies to ensure it doesn’t miss out on technology developments in digital assets, said Huang Yi-ping, an economics professor at China’s Peking University and a former member of the monetary policy committee at the People’s Bank of China (PBOC). It is not…

South Korean prosecutors said they have arrested Kang Jong-hyun, the de-facto owner of local cryptocurrency exchange Bithumb, for alleged embezzlement and stock manipulation. Prosecutors said they have arrested Kang and a person identified only as Cho on the charges. …

A new protocol released on Bitcoin is bringing wider NFT capabilities to the world’s largest blockchain and it has the potential to reshape the NFT market and the dynamic between some of the largest blockchains, industry officials tell Forkast. The protocol, named Ordinals, which was released after a Jan. 21…

Investment in digital assets reached US$117 million in the week ending Jan. 27 — the highest since July 2022 — with nearly all of that going into Bitcoin, according to the Digital Asset Fund Flows report from European cryptocurrency investment firm CoinShares. Last week’s increase is still a long way…

The South Korean Ministry of Justice (MOJ) announced Thursday that it will adopt a cryptocurrency tracking system within the first half of 2023 to clamp down on money laundering and improve its ability to claw back criminal proceeds. The ministry intends to use the system to monitor and probe crypto…

The U.S. Justice Department announced Thursday the results of a months-long operation with the Federal Bureau of Investigation that actively disrupted the activities of the Hive ransomware group, which the agency says had targeted hospitals, schools, and banking in over 80 countries. “Last night, the Justice Department dismantled an international…

Bitcoin is flirting with its first back-to-back drop since the start of the year following a poor revenue outlook from technology bellwether Microsoft Corp. that dented wider investor sentiment. The largest token fell as much as 2.5% and was trading at about $22,380 as of 9:26 a.m. in Singapore on…