While the US accounts for more than a third of all bitcoin mining - as measured by power consumption - China has taken the second spot, with 21.11% of the total

China has been working on a service network that enables the deployment of blockchain technology for businesses, notably those operating cloud computing infrastructure, the report says

Binance had invested $3 million in TerraUSD's sister cryptocurrency, Luna, four years ago. Its value plunged from $1.6 billion before last week's crash to less than $3,000 today. 

India's Reserve Bank tells government that cryptocurrencies could lead to a dollarisation of the economy

TerraUSD had a value of $1, with a market value of nearly $19 billion at its peak, before it plunged the whole of last week and ended at just 16 cents on Friday

Many global investment banks have been looking to offer clients more crypto related services, responding they say to demand from institutional investors

Asia Financial's Future of Money index, a basket of 10 leading cryptocurrencies, has plunged 19% this week alone and is down 27% during the past month.

Bitcoin has lost 15% of its value in the past five days, is off 21.2% over the past month, and has plunged 29.4% so far this year.

The SPAC plans to invest in Web3, blockchain, cryptocurrency, digital ledger, e-gaming and other new financial technology and services industries

Nvidia's chips became popular for their use in crypto-mining, the process of obtaining crypto rewards in exchange for verifying transactions on distributed ledgers

The service was used in the laundering process for North Korea’s Axie Infinity heist, processing over $20.5 million in illicit proceeds, officials said

The Central Asian state would also exempt all crypto operations by domestic and foreign companies from income tax, according to a presidential decree