Forkast.News is now Forkast Labs

Top pick

Memecoins Bonk, Doge lead extended market rally

Logos of Solana and Bonk
Dogecoin’s price has soared to $0.11, marking a significant increase and making it one of the top gainers in the cryptocurrency market.

Forkast+ Exclusive perspectives and analysis

Rune Christensen

MakerDAO’s Christensen wants to make DAOs fun again. He’s not alone.

Projects are rethinking how to make DAOs more fun and less disappointing.
Dubai skyline

From Silicon Valley to Sand Dunes: Why Indian crypto firms eye Dubai expansion

Indian crypto companies flock to Dubai, escaping high local taxes and finding solace in the emirate’s favorable regulatory environment.

Read Latest articles and commentary

Terraform Labs chief Do Kwon in front of red sky with moon image | From billionaire to Montenegro jail: The rapid rise and fall of Terra chief Do Kwon | montenegro, terra luna, do kwon, daniel shin, south korea, do kwon sec

SEC scrutinizes Terraform Labs’ US$166 mln legal retainer

The financial watchdog contends the payment may be intended to avoid future judgments and should instead aid investors and creditors.
Gemini Falling stars

Gemini to reimburse US$1.1 bln to Earn customers after settlement

Gemini exchange reaches a settlement to return funds to users affected by the Genesis bankruptcy.
Former FTX.com CEO Sam Bankman-Fried. | Bankman-Fried alleges new FTX CEO’s testimony is “false”

FTX founder seeks reduced sentence of under 6.5 years

Sam Bankman-Fried’s legal team argues for a lighter prison term, criticizing the 100-year recommendation as excessive.
Hong Kong | Hong Kong grants SEBA Bank in-principle approval for crypto trading | Hong Kong, SFC, Regulation & Law, Cryptocurrency Exchange

HTX resubmits Hong Kong crypto license application

After a brief withdrawal, HTX reapplies for a Hong Kong crypto trading license.
Bitcoin Ethereum NFT

Bitcoin challenges all-time high but gets rejected at US$64,000

Bitcoin’s price has soared to a two-year high, nearing US$64,00.
Chinese Yuan, E-CNY pilot city promote digital yuan within the government

China warns of counterfeit digital yuan app scam

The Chinese government alerts citizens to a fraudulent app imitating the official digital yuan platform.
A PEPE-themed samurai cartoon cutting a cartoon bear with a candlestick sword

PEPE gains 120% in a week, Bitcoin breaks US$57,000

Meme token PEPE leads top cryptocurrencies as Bitcoin continues to surge.
scam

BitForex exchange halts, US$56 mln outflow sparks exit scam fears

Crypto exchange BitForex suspends operations without explanation, following a US$56 million withdrawal, raising concerns of a potential exit scam.
Web3 and gaming console

Polygon-founded Avail secures $27M in seed funding

Avail, a Web3 infrastructure project, has raised US$27 million to develop its core products aimed at enhancing blockchain interoperability and scalability.
DeGods

Stolen DeGods NFT funds recovered by blockchain sleuth ZachXBT

A chunk of funds lost in the theft of a rare NFT has been returned to the owner, thanks to investigator ZachXBT.
Axie Infinity

Axie Infinity co-founder suffers US$9.7 mln theft

Jeff Zirlin, Axie Infinity co-founder, loses nearly $10 million in Ethereum due to a security breach.
Backgrounds and textures: group of golden bitcoin coins, close-up shot, shallow depth of field | Bitcoin price falls, heads for weekly loss; Ether flat, Matic leads gainers, Solana the losers

Wright submits 164,000 pages in an attempt to prove he’s Satoshi

Craig Wright’s claim as Bitcoin creator faces scrutiny in court with new evidence and testimonies.
UK flag and Big Ben | U.K. financial reform bill to regulate crypto assets passes into law after ‘Royal Assent’ | UK, Regulation & Law, crypto regulations

UK moves to classify cryptocurrencies as property

The UK Law Commission proposes a new legal framework to recognize cryptocurrencies as property, aiming to provide clarity and protection for digital assets.
NFT cryptocurrency peaks and bottoms

Andreessen Horowitz backs EigenLayer with US$100 mln investment

Venture capital firm Andreessen Horowitz invests $100 million in Ethereum restaking protocol EigenLayer, signaling strong support for blockchain innovation.
$MOON and Reddit

Reddit invests in Bitcoin and Ethereum ahead of IPO

Social media platform Reddit has diversified its assets by investing in cryptocurrencies Bitcoin and Ethereum, as revealed in its IPO filing.
All Articles

Most read over the last 7 days

Apple boss Tim Cook says he owns cryptocurrency

Quantum computing is coming out of the shadows. Web3 should be scared

Bye-bye, Binance. Elon Musk spawns Floki Shiba Inu craze. Tickets for tokens in China.

What asset tokenization will look like in 2024 and beyond

What is OpenSea and why is everyone talking about it?

Delivered weekly on Thursdays

The Current Forkast

An unmissable weekly round up of the biggest stories in emerging tech from an Asian perspective, featuring commentary from Forkast Editor-in-Chief Angie Lau. Check out recent editions.