Crypto News Live Updates 12th Dec 2022
Live Updates on Crypto News from Today December and Current Events: (12 December 2022) Due to more uncertainty in the market, the global market for digital assets keeps going down. Over the past day, the total market cap has gone down by about 2%. It is now worth $840 billion.
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But the amount of money that changes hands in 24 hours is up 26% to $30.59 billion.
Live Updates on Crypto News from Today
1:35 PM | DEC 12 2022
Do Kwon, who is on the run, is likely in Serbia.
According to the latest news, Terra’s founder and crypto fugitive Do Kwon has moved to Serbia. This is what South Korean authorities have learned from their latest investigation.
An unnamed official at Seoul’s prosecutors’ office told the local news agency Yonhap that Kwon moved to Serbia last month.
1:00 PM | DEC 12 2022
After the FTX crash, Hong Kong’s regulators will write up new rules.
Reports say that the Hong Kong Securities Regulatory Commission is working on new rules for licenced exchanges of virtual assets. It will land under the new system and start a conversation with the public.
Binance is going to put Magic on the innovation zone
Binance said that Magic will be added to the innovation zone on December 12.
In the last 24 hours, the price of MAGIC has jumped by a huge 40% and is now worth $0.748. Treasure is a game platform and environmental project built on Arbitrum. The token for Treasure is MAGIC.
11:45 AM | DEC 12 2022
Justin Sun: TRON’s USD-pegged stablecoin depegs
Justin Sun: USDD, TRON’s algorithmic stablecoin, is moving away from the USD in a big way. In the last 24 hours, the USD has lost 1.26%. On average, it trades for $0.971, and USDD makes up 86% of the USDD/3CRV pool.
11:00 AM | DEC 12 2022
The crypto market goes down
Due to more uncertainty in the market, the global market for digital assets keeps going down. Over the past day, the total market cap has gone down by about 2%. It is now worth $840 billion. But the amount of money that changes hands in 24 hours is up 26% to $30.59 billion.
Source: Google Trend