Big changes are on the horizon for South Korea’s crypto market, as the Financial Services Commission has announced plans to gradually lift restrictions on institutional crypto trading, following the introduction of the Virtual Asset User Protection Act in July 2024.
You can do bank transfers to Coinbase wallet now
If you’re using Coinbase Wallet, you’re in for a treat, as they’ve just rolled out a feature that makes managing your finances smoother than ever. Now, you can fund your wallet with bank transfers.
Indonesia joins the BRICS
The economic bloc just welcomed Indonesia as its newest full member. This is a significant moment not only for Indonesia but also for Southeast Asia, as it secures its first seat at this table.
Ether to $12K? Delusion or probability?
Ethereum’s price might just skyrocket to $12,000 this year, and it’s all thanks to a combination of factors, including the upcoming Pectra upgrade and a pro-crypto vibe from Donald Trump’s presidency.
Billionaire Tim Draper thinks Bitcoin is the next Netflix of finance, and he’s probably right
Tim Draper, the venture capitalist with a knack for spotting trends, is drawing some parallels between Bitcoin and Netflix.
Andrew Tate launches BRUV Party
Andrew Tate, the former kickboxing champ and internet provocateur, is literally diving headfirst into UK politics with his new venture, the BRUV Party, which stands for “Britain Restoring Underlying Values.”
Hyperliquid’s Decentralization Debate: A Test for Trust and Governance in Crypto
Hyperliquid’s recent comments on centralization and pay-to-play mechanisms have sparked a heated debate, raising concerns about its credibility.
In the crypto space, transparency and authentic decentralization are paramount, and any perceived failure in these areas can undermine trust and hinder long-term adoption.
The market’s initial reaction—a sharp decline in the value of the HYPE token—reflects growing investor skepticism.
This scenario highlights the critical need for robust governance in decentralized protocols. It may also catalyze a shift within the industry, prompting greater emphasis on community-driven decision-making processes.
The debate could redefine the standards for true decentralization, encouraging future blockchain projects to prioritize open governance models from their inception.
Hyperliquid’s ability to effectively address these concerns will be pivotal in shaping its future and influencing the broader discourse on decentralized systems.
Ryan Lee, Chief Analyst at Bitget Research
