Forkast.News is now Forkast Labs

Fake BlackRock ETF news prompts US$57 mln in Bitcoin long liquidations

Bitcoin briefly spiked to US$29,388 after the fake post, before tracing back the gains.

Solana leads gains following Visa partnership news, Bitcoin little changed even as whales snap up asset

Solana led gainers in the top 10 cryptos, after the protocol announced a new partnership with payments giant Visa.

Cryptos down as Grayscale ETF news loses shine

Bitcoin, Ether and most other top ten cryptos traced back gains made following news of Grayscale’s legal win against the SEC.

How blockchain can counter fake news and preserve history

In this era of disinformation and deep fakes, what can blockchain technology do to safeguard the truth about humanity’s shared past?

Montenegro to hold Terra-Luna fugitive Do Kwon for 30 days, says Yonhap News

Kwon Do-hyung will be held in Montenegro for a month on charges of using forged travel documents, South Korea’s Yonhap News reported.

Creepz NFT sales surge 239% following Spotify partnership news

The sales volume of Creepz by Overlord surged by 239% in the 24 hours to 11:00 p.m. on Thursday in Hong Kong, after its creator announced a partnership with music streaming giant Spotify.

S. Korean regulators to probe local crypto staking services following U.S. crackdown: News1

S.Korean regulators are planning to review crypto staking services on local exchanges following recent regulatory enforcements from the SEC.

More bad news for South Korea’s Bithumb exchange with “Kimchi coin” manipulation allegations

Prosecutors raided the Bithumb crypto exchange on Thursday on allegations of price manipulation and fraudulent transactions in local tokens,

CryptoSlam, Forkast.News merge to form Web3 data intelligence platform

Web3 media company Forkast.News and blockchain data analytics firm CryptoSlam are merging to establish Forkast Labs, a media intelligence platform for the digital economy that will combine on-chain data analytics and journalism.

Forkast News

Markets: Bitcoin treads water, Ether Classic gets a bump, Cosmos gains on Kujira news

Bitcoin and Ether were little changed in Asia on Thursday morning, though Ether Classic rose. Solana and Cardano lost ground along with most other top 10 tokens by capitalization, though the global cryptocurrency market cap edged up 0.23% to US$1.03 trillion. Investors across all financial markets remain on edge about the direction of interest rates […]

Bored Ape Yacht Club’s ApeCoin native token to fund 24-hour news website

The APE decentralized autonomous organization (DAO) approved a proposal to fund the 24-hour news website covering BAYC creator Yuga Labs and the community on Thursday.  See related article: Majority of ApeCoin token holders vote to stay on Ethereum Fast facts The Bored Ape Gazette website will become a 24-hour style news site complete with a […]

News of LUNA’s demise greatly exaggerated

LUNA, the collateral used by Terraform Labs to back its TerraUSD (UST), has been in a freefall. But experts tell Forkast the crisis is likely to make the pioneering stablecoin stronger, and the community behind stablecoins better.

From in-print to online to on-chain: How will Web 3.0 reshape news media?

There’s never a dull moment in the news business. Now, as media outlets explore blockchain, the Associated Press’s Dwayne Desaulniers says more change is coming.

State-backed newspaper is giving out NFTs amid unclear regulation

A new NFT gallery owned by the People’s Daily online arm is airdropping this week its first batch of “digital collectibles” minted on Tencent’s blockchain since the gallery’s opening last January. Fast facts Digital collectibles is a phrase now commonly used by Chinese companies to avoid the term “NFT” since Chinese state media began denouncing […]

Indian crypto exchanges trading volumes surge since tax news

Indian crypto exchanges are experiencing a surge in trading volume since finance minister Nirmala Sitharaman announced a 30% tax on crypto transfers at the budget session of parliament on Tuesday.  Fast facts Binance-owned WazirX’s 24-hour trading volume has soared by 56.26% while its WRX token price jumped 25.3%, as of press time.  The trading volume […]

Year in review: Top China blockchain news in 2021

China tries to stamp out Bitcoin mining while increasing its influence over blockchain technology and preparing the digital yuan for launch. What lies in store for 2022?
and

The Forkast.News guide to last-minute blockchain and crypto gift ideas

Not yet done with your holiday shopping? Here are ideas for all the loved ones on your list, whether they are tech-savvy or merely crypto-curious.

Crypto.com on a price tear as Cardano, TRON plummet on eToro delist news

Cardano ADA and Tron TRX will no longer be available to eToro’s US customers next year while CRO reflects Crypto.com ‘going from strength to strength.’

More Chinese crypto news services appear to become unavailable

A few more Chinese cryptocurrency news sites are currently unavailable amid the country’s ongoing clampdown on the sector. Fast facts The website of ChainNews, one of China’s largest crypto news websites, was not available as of press time on Thursday. It tweeted on Nov. 15 that the site will be down for eight to 10 […]
and

Double-whammy U.S. inflation news sends Bitcoin flirting with US$69,000

Within minutes of reports showing U.S. consumer prices rising and weekly wages falling, Bitcoin surged on inflation fears.

Korea crypto damage assessed; Initium’s news based NFTs sell out

Korea crypto damage assessed meanwhile Initium’s news based NFTs sell out

Former Hong Kong news site issues NFTs to preserve history

Initium Media, also known as 端傳媒, is turning to blockchain technology to grow revenue and to ensure controversial news does not get forgotten — or tampered with.

How a Hong Kong newspaper is remaking history with NFTs

The South China Morning Post, Hong Kong’s paper of record for 118 years, is experimenting with NFTs and metaverse technology to bring its storied past into the future.

Forkast.News exclusive: Antinalysis is out, proud and ready to tell (almost) all

In a special Q&A, an Antinalysis spokesperson reveals the source of the company’s controversial data and disputes that it’s for criminals. ‘Privacy is a human right.’

Chinese crypto news service forced to shutter site

Bishijie’s suspension deprives users of industry news and community forum as Beijing continues campaign targeting cryptocurrency sector.

Chinese viral news photo debacle shakes confidence in NFTs

Proliferation of copycat non-fungible tokens based on media image sparks fresh concerns over authenticity, creators’ rights.

How NewsHash will combat fake news through blockchain and DLT

Jim Nasr, CEO of blockchain application developer Acoer explains how distributed ledger techology could bolster trust in journalism.

Ep. 36 | Bitcoin prices rise on PayPal cryptocurrency news. US wary of CBDC as China enacts digital currency law for DCEP rollout.

Other top crypto and blockchain news: USDC stablecoin coming to Solana blockchain. Investing in KYC/AML in India.

Ep. 3 | Top blockchain news on China, France and S. Korea – and a new Ethereum protocol. What’s next for India?

What’s up with South Korea’s new blockchain regulations? And where is bitcoin now legal tender? (Mai oui!) Other headlines around the world: a storm over STEEM, the new Baseline protocol for privacy, HTC’s Exodus 5G Hub, and how the coronavirus has affected blockchain firms in China.

DMarket tops NFT charts but loses three-day streak above US$900,000

DMarket tops daily NFT sales despite recording less sales than the previous day.

OKX launches crypto trading in Australia

Global crypto exchange OKX begins offering trading services in Australia, including spot and derivatives.

FTX outlines plan to repay creditors in full with interest

FTX Trading Ltd. proposes a strategy to settle over US$14 billion in debts, aiming to fully compensate creditors.

CryptoPunks, BAYC lead NFT daily sales, put Ethereum on top

CryptoPunks collection outperformed other NFTs in daily sales, as Ethereum led all blockchains.

Robinhood to challenge SEC’s notice over crypto operations

Robinhood’s digital assets division becomes the SEC’s latest legal opponent.

Tether nets US$4.52 bln Q1 profit from investments

Stablecoin leader Tether’s Q1 earnings soar to $4.52 billion, buoyed by US Treasury and Bitcoin.

Bitcoin slides, Fed keeps interest rates steady

Bitcoin dropped to as low as US$56,600 as Fed holds interest rates.

Crypto wallets exit US amid regulatory pressure

Wasabi and Phoenix wallets halt US services due to increasing regulatory scrutiny.

Samourai Wallet co-founder posts US$1 mln bond in laundering case

Keonne Rodriguez, co-founder of Samourai Wallet, was released on bond after denying money laundering charges.

Hong Kong debuts Bitcoin and Ethereum ETFs

Hong Kong’s first spot Bitcoin ETFs rise on first trading day as Ether ETFs drop.

SEC has been investigating Ether’s security status since 2018: report

Consensys lawsuit unveils SEC’s internal suspicion of Ethereum as a security, challenging prior CFTC commodity designation.

Ethereum tops NFT market, ends 20-day sales slump under US$10 mln

Ethereum tops daily NFT market with significant sales, outperforming Bitcoin and Solana.

Samourai Wallet founders arrested for laundering US$100 mln

Samourai Wallet creators face money laundering and illegal business operation charges.

Hong Kong to debut Bitcoin and Ethereum ETFs on April 30

City’s first spot cryptocurrency ETFs to offer regulated investment options.

Ripple contests SEC’s US$2 bln fine, suggests US$10 mln

Ripple challenges SEC’s penalty, arguing for a reduced $10 million fine in a legal dispute.

Tether expands into new sectors amid regulatory watch

Tether diversifies into data, finance, power, and education sectors, aiming for innovation and empowerment.

EY debuts blockchain tool for private contracts

Ernst & Young launches a blockchain service to improve contract management for private companies, aiming for enhanced privacy and efficiency.

BlackRock fund introduces USDC transfers

BlackRock’s BUIDL fund now allows share conversion to stablecoin USDC for enhanced liquidity.

HashKey Group launches Bermuda crypto exchange

HashKey Group’s new Bermuda-based platform, HashKey Global, targets international crypto investors with diverse services.

Franklin Templeton shines spotlight on Bitcoin NFTs

Investment firm notes Bitcoin NFTs’ role in crypto innovation and market changes.

Ripple set to unveil USD-pegged stablecoin

Ripple’s upcoming stablecoin targets enhanced market transparency and compliance.

Coinbase accelerates Bitcoin trades with Lightning Network

Coinbase teams up with Lightspark to offer faster, cheaper Bitcoin transactions via the Lightning Network.

Agora secures US$12 mln for new stablecoin AUSD

Agora’s AUSD stablecoin launch attracts $12M in seed funding, signaling strong market confidence.

Singapore strengthens crypto oversight

MAS revises PSA to cover crypto custody, aiming to enhance user protection.

Thai exchange Bitkub plans 2025 IPO

Thailand’s Bitkub aims for a 2025 IPO on SET to expand and compete in the global crypto market.

Telegram enables Toncoin for ad payments, shares profits with channels

Telegram introduces a new feature allowing channel owners to earn 50% ad revenue in Toncoin.

FTX executives settle fraud lawsuit for US$1.35 mln

Ex-FTX leaders agree to $1.35M payout in class action settlement after founder’s sentencing.

Ethereum validator count passes one million

Ethereum’s security strengthens as validator numbers reach a new milestone.

Sam Bankman-Fried sentenced to 25 years in prison

Bankman-Fried plans to appeal the conviction and sentence.

Ethereum reclaims NFT throne with US$17.02 mln in daily sales

Ethereum tops daily NFT sales, Bitcoin and Solana see mixed results, with notable changes in wash sales.

Bitcoin breaks US$70,000 amidst market optimism

Bitcoin surpasses US$70,000 after 9 days below the mark.

BlackRock launches BUIDL fund for digital yield

BlackRock’s new blockchain fund, BUIDL, offers USD yields through tokenization, in partnership with Coinbase.

Ethereum leads with US$12.47 Million in NFT sales

Ethereum tops NFT sales in the last 24 hours, with Bitcoin and Solana following despite market fluctuations.

Binance Labs spins off as independent US$10 bln VC fund

Binance Labs, the venture capital arm of Binance, has become an independent entity with a portfolio worth over $10 billion.

MakerDAO to launch ‘Endgame’ phase with new tokens this summer

MakerDAO’s Endgame plan introduces new tokens and features to enhance user engagement and target mass adoption.

Wall Street giants test blockchain for capital markets

Major financial institutions complete large-scale blockchain pilot on Canton Network.

UK regulator permits crypto ETNs for professional investors

The UK’s (FCA) has greenlit crypto asset ETNs for professional investors, with the London Stock Exchange set to accept applications next quarter.

Bitcoin briefly surges past US$70,000

Bitcoin sets a new price record for the second time this week.

Hong Kong central bank unveils Project Ensemble for tokenization

The Hong Kong Monetary Authority launches a wholesale CBDC project to support tokenized asset transactions and financial innovation.

Spain hits pause on Worldcoin’s data collection over privacy concerns

Spanish regulator orders Worldcoin to stop processing personal data, citing privacy violations.

BlackRock leads Bitcoin ETFs with record inflows

Bitcoin investment vehicles, including ETFs, now manage over 1 million BTC, with BlackRock’s ETF seeing a record $788 million in inflows as Bitcoin hits a new all-time high.

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.