Crypto News Today Live Updates December and Latest News: (12 December 2022) The global digital asset market continues to fall due to increased uncertainty in the market. The cumulative market cap is down by around 2% over the past day. It now stands at $840 billion. However, 24 hour trading volume is up by 26% to stand at $30.59 billion.
Crypto News Today Live Updates
Fugitive Do Kwon likely to be in Serbia
As per the latest reports, Terra founder and crypto fugitive Do Kwon has moved to Serbia as per the latest investigation by South Korean authorities.
As per the local news agency Yonhap, Kwon moved to Serbia last month as per an unnamed official at Seoul’s prosecutors’ office. Read More Here…
Hong Kong Regulator to draft new policies following FTX crash
As per reports, The Hong Kong Securities Regulatory Commission is preparing new regulatory requirements for licensed virtual asset exchanged. It will land under the new system and will launch public consultation.
Binance to list Magic on innovation zone
Binance announced that Magic will be listed on the innovation zone on December 12.
MAGIC price jumped by a massive 40% in the last 24 hours trading at $0.748. MAGIC is the token of Treasure, a game platform and ecological project built on Arbitrum.
Justin Sun TRON's Stablecoin USDD Depegs
Justin Sun TRON’s algorithmic stablecoin USDD is de-pegging heavily. USDD is down by 1.26% in the last 24 hours. It is trading at an average price of $0.971, and USDD accounts for 86% of the USDD/3CRV pool.
Crypto Market Crashes
The global digital asset market continues to fall due to increased uncertainty in the market. The cumulative market cap is down by around 2% over the past day. It now stands at $840 billion. However, 24 hour trading volume is up by 26% to stand at $30.59 billion.