Polymarket seeks Japan entry, Harvard dumps entire ETH position: Hodler’s Digest, May 17 – 23

Bitcoin traders are split on whether the asset will hit $250,000 this year, a court rejects Sam Bankman-Fried’s motion for a new trial.

Strategy’s leveraged Bitcoin model is stressed, which could limit the firm’s ability to keep buying BTC and potentially force further sales, according to Grayscale. “The shift in approach from one of the world’s largest BTC holders has weighed on market sentiment,” said Zach Pandl, Grayscale’s head of research, on Thursday.  Michael Saylor’s Strategy sold 32…

Myanmar proposes life sentence or death for crypto scammers Myanmar’s new Anti-Online Fraud Bill states that anyone who is convicted of committing “digital currency fraud” could face anywhere from ten years to life in prison, and possibly the death penalty. The parliament, the Pyidaungsu Hluttaw, put forward the proposed law last Thursday in response to…

Everything that happened in crypto news in Asia over the past seven days: Asia Express. In this edition: Ether-linked ETF losses rattle South Korea’s funeral industry South Korea crypto tax petition clears 50,000 signatures Polymarket and Kalshi face regional access blocks Japan lays out AI and onchain finance strategy JPYC raises $31.4 million for AI…

There’s wide agreement that Singapore is among the top crypto hubs in the world. The island city-state overtook the US to lead the world for adoption in Bybit’s World Crypto Rankings, solidifying the number one spot it was awarded in the Henley Crypto Adoption Index last year. Anyone who’s attended the annual Token2049 event at…

Quantum computing isn’t on track to break Bitcoin by 2030, despite growing fears on social media, according to Bitcoin OG and Blockstream CEO Adam Back. “I think it’s probably still a couple of decades out, but it really depends on how the research progresses,” Back tells Cointelegraph during Paris Blockchain Week. In a wide ranging…