The NFT sector is just getting started. Here’s what lies ahead

What began as novel collectibles and rampant speculation is maturing into real-world utility across a multitude of industries, writes Tom Chalmers of Banxa.

Singapore’s DDEx eyes security token offerings, mulls adding more cryptocurrencies

DBS bank’s digital exchange, which serves institutional clients, said macroeconomic conditions last year were not suitable for security token offerings (STO), but it will explore opportunities for such listings in 2023 and plans to add more crypto tokens.

Paxos ordered to stop minting Binance stablecoin as SEC mulls legal action

Top blockchain and crypto news: Paxos halts BUSD issuance. Kraken faces disclosure charges. Beijing backs new blockchain research center.

Why the crypto sector needs radical transparency in the post-FTX world

Self-custody is cumbersome and carries risks of seed phrases getting lost, but how can we ensure if a third-party custodian can be trusted?

A house divided? SEC Commissioner Peirce attacks agency’s fines against Kraken exchange

Hester Peirce said using enforcement action to dictate law in an emerging industry is the act of a “lazy” regulator, after the SEC fined the U.S.-based Kraken crypto exchange for failing to register staking programs.

South Korea prosecutors say Serbia ready to help fraud investigation into Terra’s Do Kwon

Prosecutors flew to Serbia earlier this month as part of an investigation into Terraform Labs chief Do Kwon, who faces fraud accusations related to the US$40 billion collapse of his Terra-Luna cryptocurrency project in May last year.

2023 Should be the Year of Web3 Security

Despite 2022’s turbulent impact on the crypto industry, Immunefi CEO Mitchell Amador believes this year could encourage better Web3 security.

Genesis, Gemini face US charges over unregistered securities sales

Top blockchain and crypto news: SEC frowns on Genesis, Gemini. Solana soars. Will China tighten its embrace of WeChat Pay and Alipay to push its CBDC?

Your fitness app knows a scary lot about you. How secure is your data?

Being on the watch, your tracker knows where you live, when you sleep and how healthy (or not) you are. What happens if your data is sold — or hacked?

Ripple expects SEC ruling in first half, clearer global regulations for digital assets in 2023 

Ripple Labs Inc. expects a court decision in the first six-months of this year in the case filed against the company by the U.S. Securities Exchange Commission. The SEC sued Ripple in December 2020 for allegedly selling US$1.3 billion in unregistered securities.

Second set of transactions from Alameda wallets likely liquidators: Nansen

FTX liquidators may be behind the latest transactions from Alameda Research wallets, but someone else may have sent the first set of cryptocurrencies to decentralized exchanges.

Regulatory issues ‘still challenging’ as CBDCs gain popularity globally, says German tech firm Giesecke+Devrient’s Chief Evangelist Lars Hupel

Central bank digital currencies (CBDC) development and interest are growing rapidly worldwide but regulatory issues remain a challenge, especially for cross-border CBDC transactions.  But German technology company Giesecke+Devrient (G+D) – winner of Best Technology Award in the Hong Kong Monetary Authority’s Global Fast Track CBDC 2022 competition during the city’s FinTech Week in November – […]

FTX failure a ‘wake-up call’ for security, says former Mt Gox CEO Mark Karpeles

Before the FTX implosion there was Mt. Gox, an exchange that oversaw 80% of all Bitcoin trades before it collapsed in 2014. In this exclusive interview with Forkast, former Mt. Gox Chief Executive Officer Mark Karpeles says what he sees in store for the industry in 2023 in the wake of the FTX bankruptcy.

S.Korean prosecutors mull second request of arrest warrant for Terra cofounder Daniel Shin

Seoul judge dismisses prosecutors’ request for arrest warrant for Terra’s Daniel Shin, derails their plan to investigate Shin in custody

Blockchain Security Issues

The blockchain sphere has been hit with a ton of security issues over 2022. What can we do about it to make things better?

FastForkast headlines

South Korea court rejects second arrest warrant request for Terraform Labs’ Daniel Shin

SEC Chair urges more resources to regulate crypto and technology at House Subcommittee hearing

SEC charges Beaxy cryptocurrency platform for violating securities laws

Bitcoin rises, most top 10 cryptos drop, amid mixed signals on state of banking sector

Bitcoin, Ether, Forkast 500 NFT index rise; gold nears year-high over banking sector concerns

SEC warns Coinbase of potential legal action over staking, separately targets Tron founder Sun

Terraform Labs founder Daniel Shin again questioned by South Korea prosecutors over stablecoin collapse

Signum Digital says it won first approval to offer security tokens in Hong Kong

CFTC chair calls Ethereum a commodity, in contrast to SEC chair Gensler’s position

Fed’s Powell says stablecoins could have role in financial sector if properly regulated

SEC shuts Miami hedge fund for alleged ties to US$100 mln crypto fraud 

Bitcoin ATM firm accused of profiting from crypto scams via unlicensed machines: U.S. Secret Service

Liquid staking TVL surpasses lending, becomes the second-largest among DeFi services

Robinhood says it’s cooperating with SEC following subpoena over cryptocurrency services

SEC accused of ‘back door’ labeling of crypto as securities in Coinbase insider trading case

SEC has to clarify what’s permissible for staking, former CFTC chair says

Judge denies Dapper Labs request to dismiss NBA Top Shot security lawsuit

Do Kwon, founder of collapsed Terra stablecoin, charged with fraud by U.S. securities regulator

U.S. Congress, not the SEC, will set cryptocurrency regulations, says Blockchain Association

SEC may make it harder for hedge funds to work with crypto firms: Bloomberg

Coinbase CEO says he will “happily defend” crypto staking service against claim it’s a securities product

Securities and Exchange Commission may sue BUSD stablecoin issuer Paxos, WSJ reports

Markets: Bitcoin treads water under US$22,000 following SEC action on Kraken, Ether falls

Markets: Bitcoin slumps in broad sell off amid SEC charges against Kraken, regulation worries

Coinbase CEO Brian Armstrong says SEC has ‘terrible’ idea to ban crypto staking for U.S. retail customers

South Korea issues guideline on cryptocurrencies as securities tokens ahead of planned legalization

India working with IMF, FSB on crypto regulations, says economic affairs secretary

Silvergate probed by US prosecutors over FTX, Alameda accounts: Bloomberg

Donald Trump helps Polygon NFTs outsell Ethereum on OpenSea exchange for second month

Judge rules secondary sale of LBC does not classify as security in SEC vs LBRY appeal

Crypto is second most owned asset class for young women after cash: report

Crypto lender Nexo to pay US$45 mln to settle U.S. SEC charges

Silvergate reports US$1 billion loss, attributes to “crisis of confidence” in crypto sector

Thailand’s SEC issues new regulations for crypto custody services

China’s digital yuan used in securities trade for the first time

SEC in the U.S. charges Genesis, Gemini with selling unregistered securities

Hong Kong pushes ahead with crypto hub plans as tech firms, startups show interest: financial secretary

US prosecutors, SEC probes Digital Currency Group: report

SEC objects to Binance’s US$1 bln deal to buy Voyager Digital’s assets

MoneyGram seeks to seal parts of its filings in the XRP lawsuit between Ripple, SEC

SEC, Ripple get extensions to exclude expert testimony in XRP lawsuit

Ripple CEO’s attorney to resign as counsel on XRP lawsuit against SEC

SEC charges FTX founder Sam Bankman-Fried with defrauding investors

Terra cryptocurrency fugitive Do Kwon flew to Serbia last month, South Korean prosecutor says

SEC advises public firms to disclose crypto risks

Markets: Bitcoin, Ether drop as SEC’s Gensler says crypto firms running out of time to comply with securities laws

Terra-Luna cofounder Daniel Shin may face fraud charges in South Korea, prosecutors say

SEC gets support from New Sports Economy Institute in XRP lawsuit against Ripple

Ripple gets support from Blockchain Association in XRP lawsuit against SEC

Coinbase officially enters the fray in XRP lawsuit to support Ripple against SEC

SEC gets more support in XRP lawsuit against Ripple

FTX assets frozen by Bahamas securities regulator

US regulators DoJ, SEC, CFTC probe crypto platform FTX

SEC gets more time to file reply briefs in XRP lawsuit against Ripple

Digital wallet Cryptillian seeks to back Ripple against SEC in XRP lawsuit

Coinbase seeks to weigh in on XRP lawsuit to support Ripple against SEC

SBF: FTX stablecoin, ‘Second Great Stablecoin War’ are coming