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Altcoins

Archived coverage · Forkast crypto archive

  • Altcoins

    FTX agrees to help South Korea’s Busan build its own crypto exchange

    Busan, South Korea’s second most populous city, Tuesday signed a memorandum of understanding (MOU) with global cryptocurrency exchange FTX to help develop a digital asset exchange. See related article: Binance to help S. Korea’s Busan build first city-backed exchange Fast facts FTX will provide technical and infrastructure assistance to Busan city in establishing the digital […]

    Danny Park

  • Altcoins

    Temasek to lead US$100M funding round in Animoca Brands: report

    Singapore state-backed fund is leading a US$100 million funding round into Hong Kong-based blockchain and game venture Animoca Brands, Bloomberg reported.  See related article: Singapore’s Temasek says doesn’t own Bitcoin, but prepping for tokenized assets Fast facts Temasek will make the investment through convertible bonds, according to unnamed sources cited by Bloomberg. Temasek has been […]

    Pradipta Mukherjee

  • Altcoins

    Markets: Bitcoin holds gains; Ether, Avalanche surge; Solana jumps

    Bitcoin and Ether added to morning gains in Tuesday afternoon trading in Asia, as most other top 10 coins by market capitalization also rose. Avalanche rebounded after a slump over the weekend following whistleblower allegations that the company paid a law firm to stage litigations and class-action lawsuits against its rivals. See related article: Markets: […]

    Timmy Shen

  • Altcoins

    Markets: Bitcoin, Ether fall; Solana, BNB slip, while Cardano rises

    Bitcoin and Ether reversed from morning gains in Friday afternoon trading in Asia. Solana was the biggest loser among the top 10 coins by market capitalization, followed by BNB. See related article: Markets: Ethereum, Ethereum Classic lead crypto gains as Bitcoin posts modest gains Fast facts Bitcoin traded down 1.34% in the past 24 hours […]

    Timmy Shen

  • Altcoins

    Binance to help S. Korea’s Busan build first city-backed exchange

    Global crypto exchange Binance and the city of Busan in South Korea announced a memorandum of understanding (MOU) on Friday to promote the growth of the blockchain ecosystem in the city and the development of the Busan Digital Asset Exchange. See related article: Issue tokens later for growth, not for initial fundraising, advises Binance chief […]

    Danny Park

  • Altcoins

    Animoca Brand’s Japan subsidiary raises US$45 Mln to invest in NFT

    Animoca Brands KK, the Japanese unit of Hong Kong blockchain investment firm Animoca Brands, Friday said it raised US$45 million from the world’s second-largest financial group Mitsubishi UFJ Financial Group (MUFG), and parent Animoca Brands. See related article: Japan’s Mitsubishi UFJ to issue yen-pegged stablecoin: report Fast facts MUFG and Animoca Brands each invested US$22.5 […]

    Ningwei Qin

  • Altcoins

    SBF denies FTX Ventures merger with Alameda’s crypto VC

    Sam Bankman-Fried, chief executive officer of FTX exchange, denied a recent report by Bloomberg which stated that the venture capital subsidiary under FTX would merge with the VC operations under Alameda Research, a sister company of FTX. See related article: FTX revenue grew 1,000% in 2021 amid booming crypto market: SBF  Fast facts “This seems […]

    Danny Park

  • Altcoins

    Binance to suspend ETH deposits, withdrawals during “The Merge”

    Binance, the world’s largest cryptocurrency exchange by trading volume, said it will suspend deposits and withdrawals for ETH and ERC-20 during “The Merge,” in support of Ethereum’s migration to the proof-of-stake (PoS) model. See related article: Ethereum finalizes start date for Bellatrix upgrade Fast facts Binance said on Thursday that it will do so on […]

    Timmy Shen

  • Altcoins

    Markets: Ethereum, Ethereum Classic lead crypto gains as Bitcoin posts modest gains

    Ethereum and Ethereum Classic headlined the day’s top gainers among the crypto top 100 while Bitcoin traded sideways during early Friday morning trading in Asia. The total crypto market was up 1.3% to US$1.04 trillion while U.S. investors remain shaky as they await guidance on possible interest rate rises from the Federal Reserve. See related […]

    Lachlan Keller