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![Uniswap securities violation charges dismissed by US court 1 Uniswap | Uniswap securities violation charges dismissed by US court | Uniswap, DeFi, DEX, U.S., Regulation & Law](https://forkast.news/wp-content/uploads/2023/08/featured-image-20-1260x840.jpg)
Uniswap securities violation charges dismissed by US court
A U.S. district court on Wednesday dismissed charges against a group of five firms for alleged securities violations on the Uniswap DeFi platform.
![All top 10 cryptos fall except Dogecoin, as boost from Grayscale ETF ruling fades 2 Bitcoin, crypto currency. Golden coins on bills of 100 usd, dollars. Digital exchange, popularity of BTC, symbol of future money, electronics industry, mining concept. High quality photo](https://forkast.news/wp-content/uploads/2023/08/bitcoin-18-1260x709.jpg)
All top 10 cryptos fall except Dogecoin, as boost from Grayscale ETF ruling fades
Bitcoin, Ether and most other top 10 cryptos dropped on Thursday after a Wednesday rally on news of Grayscale receiving a favorable ruling against the SEC.
![Cryptos down as Grayscale ETF news loses shine 3 Bitcoin coins on stock chart background. Cryptocurrency blockchain money. Copy space | Cryptos down as Grayscale ETF news loses its shine](https://forkast.news/wp-content/uploads/2023/08/bitcoin-coins-on-stock-chart-background-2022-12-16-11-11-48-utc-1260x840.jpg)
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.
![India’s CoinSwitch crypto exchange fires 44 employees as trading volumes drop 4 Bitcoin cryptocurrency coins on national flag of India. Crypto law regulation concept](https://forkast.news/wp-content/uploads/2023/08/bitcoin-india-1260x840.jpg)
India’s CoinSwitch crypto exchange fires 44 employees as trading volumes drop
CoinSwitch, an Indian cryptocurrency exchange backed by Tiger Global and Sequoia Capital, has laid off 44 employees from its customer support team due to a drop in customer queries with falling trading volumes.
![Crypto market gets boost from favorable court ruling for Grayscale against U.S. SEC 5 A closeup shot of a yellow bitcoin and american dollars](https://forkast.news/wp-content/uploads/2023/08/bitcoin-15-1260x840.jpg)
Crypto market gets boost from favorable court ruling for Grayscale against U.S. SEC
Prices of all cryptocurrencies rose on Wednesday after a U.S. court backed Grayscale on its Bitcoin ETF application, compelling the SEC to review its rejection of the application.
![Hong Kong grants SEBA Bank in-principle approval for crypto trading 6 Hong Kong | Hong Kong grants SEBA Bank in-principle approval for crypto trading | Hong Kong, SFC, Regulation & Law, Cryptocurrency Exchange](https://forkast.news/wp-content/uploads/2023/08/hong-kong-skyline-2022-12-15-20-32-01-utc-1260x840.jpg)
Hong Kong grants SEBA Bank in-principle approval for crypto trading
The Hong Kong branch of SEBA Bank has received an in-principle approval from regulators to provide virtual asset trading services in the jurisdiction.
![How Worldcoin is undermining crypto's original ethos 7 biometric; digital scan technology](https://forkast.news/wp-content/uploads/2023/08/1-1260x710.png)
How Worldcoin is undermining crypto’s original ethos
The new crypto from OpenAI’s founder requires users to supply biometric data. What if those in control can identify you — and follow your every financial move?
![Green ink across crypto after Grayscale scores SEC win 8 horizontal top view close up of bitcoin logo on a golden coin](https://forkast.news/wp-content/uploads/2023/08/close-up-of-on-a-golden-coin-bitcoin-logo-2021-08-26-17-04-32-utc-1260x840.jpg)
Green ink across crypto after Grayscale scores SEC win
A U.S. court’s landmark decision to side with Grayscale on its Bitcoin ETF application to the SEC sent crypto prices upward Wednesday morning in Asia.
![A Dark but necessary time for NFTs is here 9 Dark but necessary time for NFTs](https://forkast.news/wp-content/uploads/2023/08/Dark-but-necessary-time-for-NFTs-1260x706.png)
A Dark but necessary time for NFTs is here
From Miami parties with A$AP Ferg to a historic NFT market slump: The highs and lows of the NFT world.
![Court backs Grayscale, overturns SEC decision blocking Bitcoin ETF 10 D.C. Court of Appeals greenlights Grayscale’s bid for Bitcoin ETF](https://forkast.news/wp-content/uploads/2023/08/Bitcoin-ETF-Grayscale-1260x706.png)
Court backs Grayscale, overturns SEC decision blocking Bitcoin ETF
In a landmark ruling, the court overturned the SEC’s previous decision, signaling potential tailwinds for other financial giants.
![Bitcoin, Ether gain; traders cautious as U.S. regulator goes after NFT firm 11 Bitcoin on stock market data screen](https://forkast.news/wp-content/uploads/2023/08/bitcoin2-1260x664.jpg)
Bitcoin, Ether gain; traders cautious as U.S. regulator goes after NFT firm
Bitcoin, Ether rose less than 1% in the past 24 hours while posting losses on the week. Polkadot led gains among top 10 cryptos.
![SEC charges NFT project with securities law violations 12 Gary Gensler | SEC charges NFT project with securities law violations | SEC, NFT, Regulation & Law](https://forkast.news/wp-content/uploads/2023/08/GettyImages-98730465-2-1260x866.jpg)
SEC charges NFT project with securities law violations
The U.S. SEC charged Impact Theory, a Los Angeles-based media and entertainment company, on Monday with offering unregistered securities in the form of NFTs.
![Welcome to 2030: I own everything, and life’s actually pretty good 13 future signage](https://forkast.news/wp-content/uploads/2023/08/Forkast-Opinion-Images-2-1-1260x710.png)
Welcome to 2030: I own everything, and life’s actually pretty good
Here’s a look at a future where Web3 technology will allow us to have ownership stakes in all things and avoid a subscription-based consumerist hellscape.
![Bitcoin, Ether trading flat as SEC targets firm offering NFTs 14 Single Bitcoin cryptocurrency on a silver through gold metallic gradient background lying face up in the centre](https://forkast.news/wp-content/uploads/2023/08/single-bitcoin-cryptocurrency-on-a-gradient-2021-08-26-22-34-21-utc-1260x841.jpg)
Bitcoin, Ether trading flat as SEC targets firm offering NFTs
Bitcoin, Ether were little changed. Cardano led gains while Solana posted losses as experts say crypto prices are looking up.
![Asia’s richest man bets on blockchain, CBDC 15 GettyImages 187455386](https://forkast.news/wp-content/uploads/2023/08/GettyImages-187455386-1260x1700.jpg)
Asia’s richest man bets on blockchain, CBDC
Mukesh Ambani, Asia’s richest man from India, said on Monday that his Reliance Industries Ltd. is exploring blockchain-based platforms and central bank digital currencies (CBDC).
![India’s PM advocates global ethical framework for cryptocurrency, artificial intelligence 16 GettyImages 1500645964](https://forkast.news/wp-content/uploads/2023/08/GettyImages-1500645964-1260x840.jpg)
India’s PM advocates global ethical framework for cryptocurrency, artificial intelligence
Amid growing concerns around algorithm biases and their societal impact, India Prime Minister Modi calls for international consensus on ethical AI and crypto governance at the B20 summit.
![Friend.tech daily fees and buyers drop by over 90% 17 Friend.tech logo displaying two white bunny ears on a blue background](https://forkast.news/wp-content/uploads/2023/08/Friend.tech-logo-1260x709.jpeg)
Friend.tech daily fees and buyers drop by over 90%
Friend.tech saw its daily revenue, fees and active buyers fall over 90% from its peak.
![Bitcoin dips below US$26,000, crypto faces downward pressure amid Fed’s rate hike signals 18 Bitcoin coin on dollar banknotes. Cryptocurrency on US dollar bills](https://forkast.news/wp-content/uploads/2023/08/bitcoin-14-1260x840.jpg)
Bitcoin dips below US$26,000, crypto faces downward pressure amid Fed’s rate hike signals
Bitcoin and other major cryptocurrencies face headwinds on the first trading day of the week in Asia following the U.S. central bank’s Jackson Hole Symposium remarks, while Tron bucks the trend with modest gains.
![How dynamic NFTs can bring brand engagement to a new level 19 abstract NFT](https://forkast.news/wp-content/uploads/2023/08/Forkast-Opinion-Images-2-8-1260x710.png)
How dynamic NFTs can bring brand engagement to a new level
NFTs are now capable of being interactive and changing with the weather, user location and time of day. What are the downsides and challenges ahead?
![Binance delists sanctioned Russian lenders from P2P services: WSJ 20 Binance & Russia | Binance delists sanctioned Russian lenders from P2P services: WSJ | Binance, Russia, Sanction](https://forkast.news/wp-content/uploads/2023/08/Binance-Russia-1260x835.jpg)
Binance delists sanctioned Russian lenders from P2P services: WSJ
Binance, the world’s largest crypto exchange, has removed sanctioned Russian banks from its P2P trading service, the Wall Street Journal reported on Friday.
![Crypto market cautious after Fed’s Powell says US inflation still ‘too high’ 21 Close up photo of bitcoin crypto currency in dark](https://forkast.news/wp-content/uploads/2023/08/close-up-photo-of-bitcoin-crypto-currency-2021-09-03-08-49-04-utc-1260x840.jpg)
Crypto market cautious after Fed’s Powell says US inflation still ‘too high’
Bitcoin, Ether and other top 10 non-stablecoin cryptocurrencies held steady, despite Fed chair Jerome Powell’s hawkish comments on U.S. inflation.
![DeFi revenue remains resilient despite Curve Finance hack 22 DeFi revenue remains resilient despite Curve Finance hack](https://forkast.news/wp-content/uploads/2023/08/DeFi-revenue-remains-reselient-1260x706.png)
DeFi revenue remains resilient despite Curve Finance hack
Even as the value of assets in DeFi dips, service provider revenues stand strong, undeterred by the US$73 million Curve Finance breach, Forkast Labs data shows.
![Weekly Market Wrap: Bitcoin’s summer volatility, Coinbase’s new stake and anticipations on the Fed moves cryptocurrencies 23 Bitcoin dives to US$28,500; Coinbase buoyed by US futures approval; Fed minutes cast shadow over equities | Concept with bitcoins and falling candle graph.](https://forkast.news/wp-content/uploads/2023/08/concept-with-bitcoins-and-falling-candle-graph-2021-08-26-16-24-27-utc-1-1260x840.jpg)
Weekly Market Wrap: Bitcoin’s summer volatility, Coinbase’s new stake and anticipations on the Fed moves cryptocurrencies
From landmark business decisions to looming central bank announcements, the crypto landscape this week teemed with events that may shape the course of the market.
![If Chinese crypto holders sneeze, will global markets catch a cold? 24 China crypto friend tech social fi](https://forkast.news/wp-content/uploads/2023/08/China-crypto-friend-tech-social-fi-1260x710.png)
If Chinese crypto holders sneeze, will global markets catch a cold?
Top blockchain and crypto news: China’s economic woes could spell trouble for crypto. Real fear in NFT markets. Can Friend.tech revive SocialFi?
![SOL reverses gains, Bitcoin holds US$26,000, top cryptos fall ahead of Powell’s speech 25 cardano, bitcoin and frozen backdrop | Markets: Bitcoin, Ether fall; Solana, Cardano show bigger losses | bitcoin price, ether price, solana news, cardano, polkadot, dogecoin](https://forkast.news/wp-content/uploads/2022/12/markets-1229-1260x945.png)
SOL reverses gains, Bitcoin holds US$26,000, top cryptos fall ahead of Powell’s speech
SOL reversed Thursday’s gains from its Shopify partnership while XRP fell to a six-week low. Bitcoin and Ether inched up during afternoon trading but struggled to gain more upward momentum.
![Sam Bankman-Fried's lawyers granted unlimited prison visits; FTX tries to sell crypto holdings 26 WASHINGTON, DC - DECEMBER 08: CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee at Rayburn House Office Building on Capitol Hill December 8, 2021 in Washington, DC. The committee held a hearing on "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States." (Photo by Alex Wong/Getty Images) | Sam Bankman-Fried lawyers granted unlimited prison visits; FTX looks to stake crypto holdings](https://forkast.news/wp-content/uploads/2023/08/grumpy-looking-sbf-getty-1260x840.jpg)
Sam Bankman-Fried’s lawyers granted unlimited prison visits; FTX tries to sell crypto holdings
Sam Bankman-Fried’s lawyers can visit him in jail on a daily basis, a U.S. district court ruled on Wednesday, while FTX’s new CEO wants to sell its crypto.
![It's time for Web3 gaming to up its own game 27 Web3 and gaming console](https://forkast.news/wp-content/uploads/2023/08/Forkast-Opinion-Images-2-6-1260x710.png)
It’s time for Web3 gaming to up its own game
Blockchain games are often touted as the next big thing. Joseph Cooper, CEO of Earn Alliance, takes a hard look at the industry’s challenges and how to overcome them.
![Bitcoin back down to US$26,000 as investors await US Fed chair speech 28 Bitcoin | Bitcoin back down to US$26,000 as investors await US Fed chair speech | Markets, BTC, ETH, SOL, NFT](https://forkast.news/wp-content/uploads/2023/08/bitcoin-coins-in-shopping-basket-on-laptop-keyboar-2021-11-02-22-23-55-utc-1260x945.jpg)
Bitcoin back down to US$26,000 as investors await US Fed chair speech
Bitcoin dropped to around the US$26,000 level Friday morning in Asia, giving up much of the previous day’s gains. Ether also moved lower.
![Mastercard and Binance end crypto card partnership, services shut down in Latin America, Middle East 29 Senior man at laptop paying with credit card for online shopping](https://forkast.news/wp-content/uploads/2023/08/card-1260x840.jpg)
Mastercard and Binance end crypto card partnership, services shut down in Latin America, Middle East
Mastercard and cryptocurrency exchange Binance will end their crypto debit card program in Argentina, Brazil, Columbia and Bahrain from Sep. 22.
![Tornado Cash founders charged with money laundering crypto, including proceeds from North Korean heists 30 Tornado Alley Severe Storm at Night Time. Severe Lightnings Above Farmlands in Illinois, USA. Severe Weather Photography Collection. | Tornado Cash founder arrested; N.Korean hackers could cash out US$40M in stolen crypto](https://forkast.news/wp-content/uploads/2023/08/tornado-alley-severe-storm-2022-10-25-02-26-12-utc-1260x829.jpg)
Tornado Cash founders charged with money laundering crypto, including proceeds from North Korean heists
The Tornado Cash mixer’s co-founders have been charged by the U.S. Department of Justice with money laundering and sanctions violations.
![Bitcoin, Ether rise with SOL leading winners in top 10 cryptos 31 solana, bitcoin logo | Markets: Bitcoin, Ether rises; Solana is biggest gainer among top 10 | solana, polygon, bonk, matic, shiba inu, bitcoin, ethereum](https://forkast.news/wp-content/uploads/2023/01/markets-0116-1260x945.png)
Bitcoin, Ether rise with SOL leading winners in top 10 cryptos
SOL was the biggest gainer in the top 10 following its Shopify deal. Bitcoin and Ether also rose along with most top 10 cryptocurrencies.
![Bitcoin back at US$26,500 as crypto mirrors Wall Street gains 32 Bitcoin | Bitcoin back at US$26,500 as cryptos mirror Wall Street gains | Markets, BTC, ETH, SOL, NFT](https://forkast.news/wp-content/uploads/2023/08/golden-bitcoin-cryptocurrency-2021-08-26-18-32-29-utc-8-1260x840.jpg)
Bitcoin back at US$26,500 as crypto mirrors Wall Street gains
Bitcoin rose on Thursday morning in Asia to trade in the US$26,500 range. Ether also moved up. Solana led the winners in the top 10 non-stablecoin tokens.
![Blockchain tech in Thailand gets boost from new pro-crypto leader 33 Temple in Pai, Thailand](https://forkast.news/wp-content/uploads/2023/08/Thailand-1260x840.jpg)
Blockchain tech in Thailand gets boost from new pro-crypto leader
Blockchain technology in Thailand could soon receive a boost by new Prime Minister Srettha Thavisin, who had promised during his campaign to give 10,000 baht (US$300) through digital wallets to every Thai citizen aged 16 years and above.
![SOL falls to six-week low, BNB biggest gainer despite reports of Binance violating Russian sanctions 34 Sellers of Solana NFTs outpace buyers in May, Solana logo over charts](https://forkast.news/wp-content/uploads/2022/05/Solana-1-1260x841.png)
SOL falls to six-week low, BNB biggest gainer despite reports of Binance violating Russian sanctions
Bitcoin recaptured the US$26,000 mark today, while Solana fell to a six-week low. BNB was the biggest gainer in the top 10, despite allegations against Binance resurfacing.
![Sam Bankman-Fried pleads not guilty to misusing customer funds 35 WASHINGTON, DC - DECEMBER 08: CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee at Rayburn House Office Building on Capitol Hill December 8, 2021 in Washington, DC. The committee held a hearing on "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States." (Photo by Alex Wong/Getty Images)](https://forkast.news/wp-content/uploads/2023/08/sam-bankman-fried-1-1260x840.jpg)
Sam Bankman-Fried pleads not guilty to misusing customer funds
Sam Bankman-Fried, the founder of FTX, pleaded not guilty to a set of new charges tied to last year’s collapse of his crypto empire.
![Could Rishi Sunak’s blockchain dream live on without him? 36 UK PM Rishi Sunak](https://forkast.news/wp-content/uploads/2023/08/Rishi-Sunak-blockchain-1-1260x706.png)
Could Rishi Sunak’s blockchain dream live on without him?
This final installment of a 3-part series on the U.K. digital asset industry looks at the politics driving the British crypto conversation. PM Rishi Sunak is a believer, but an election’s coming up, and his rivals appear less keen on turning the U.K. into a global crypto hub.
![Binance denies Russia sanctions violation reported by WSJ 37 Binance continues to help a significant amount of Russian funds move abroad through crypto transactions, according to The Journal.](https://forkast.news/wp-content/uploads/2023/08/cz-1260x698.png)
Binance denies Russia sanctions violation reported by WSJ
Binance continues to help a significant amount of Russian funds move abroad through crypto transactions, according to The Journal.
![Japan Nomura’s crypto custody firm Komainu bags Dubai license 38 Japan Nomura’s crypto custody firm Komainu bags Dubai license](https://forkast.news/wp-content/uploads/2023/08/Untitled-design-75-1260x709.jpg)
Japan Nomura’s crypto custody firm Komainu bags Dubai license
announced Tuesday that it received an operating license from the Virtual Asset Regulatory Authority (VARA) in Dubai.
![Rising tide or sinking ship 39 Rising tide NFT](https://forkast.news/wp-content/uploads/2023/08/Rising-tide-NFT-1260x706.png)
Rising tide or sinking ship
OpenSea’s royalty policy change ignites debate between tech advocates and creators. Mark Cuban calls it “a huge mistake as NFT market slides 6%.
![How DAOs can avoid voter apathy — and power struggles 40 DAO governance](https://forkast.news/wp-content/uploads/2023/08/Forkast-Opinion-Images-2-7-1260x710.png)
How DAOs can avoid voter apathy — and power struggles
Good governance of a DAO can be hampered by a disengaged community and whale dominance. What can be done when 1% of stakeholders holds 90% of voting power?
![Bitcoin below US$26,000 with a new low of US$20,000 in the cards 41 Bitcoin | Bitcoin below US$26,000 with a new low of US$20,000 in the cards | Markets, BTC, ETH, ETF, NFT](https://forkast.news/wp-content/uploads/2023/08/bitcoin-physical-bit-coin-digital-currency-cryp-2021-08-26-17-12-33-utc-2-1260x811.jpg)
Bitcoin below US$26,000 with a new low of US$20,000 in the cards
Bitcoin fell Wednesday morning in Asia to trade below US$26,000. Ether also dropped as all other top 10 non-stablecoin tokens traded flat to lower.
![India’s CoinDCX exchange lays off 12% of staff 42 the logo of coinDCX, Indian crypto exchange CoinDCX crosses 10 million user base](https://forkast.news/wp-content/uploads/2022/02/CoinDCX-logo-edt.png)
India’s CoinDCX exchange lays off 12% of staff
CoinDCX, one of India’s largest cryptocurrency exchanges, said on Wednesday it is laying off 12% of its staff due to the impact of a prolonged bear market and local tax rules.
![Bitcoin holds US$26,000, BNB flirts with annual low 43 Cryptocurrency golden bitcoin image for crypto currency](https://forkast.news/wp-content/uploads/2023/06/crypto-1-1260x733.jpg)
Bitcoin holds US$26,000, BNB flirts with annual low
Bitcoin holds its ground above US$26,000, but the top 10 cryptocurrencies see a dip. BNB remains subdued as Binance’s payment partner woes intensify.
![‘Third category thing’ — untangling digital asset property law in England and Wales 44 Law Commissioner Sarah Green](https://forkast.news/wp-content/uploads/2023/08/Sarah-Green-1260x840.jpg)
‘Third category thing’ — untangling digital asset property law in England and Wales
How can we claim to own something that falls outside traditional categories of personal property? In this second installment in a 3-part series looking at the U.K. digital asset industry, Law Commissioner for England and Wales Sarah Green explains how.
![Coinbase buys equity stake in Circle 45 BEVERLY HILLS, CALIFORNIA - OCTOBER 23: Brian Armstrong, cofounder and CEO of Coinbase speaks onstage during 'Tales from the Crypto: What the Currency of the Future Means for You' at Vanity Fair's 6th Annual New Establishment Summit at Wallis Annenberg Center for the Performing Arts on October 23, 2019 in Beverly Hills, California. (Photo by Matt Winkelmeyer/Getty Images for Vanity Fair)](https://forkast.news/wp-content/uploads/2023/08/GettyImages-1182943846-1260x840.jpg)
Coinbase buys equity stake in Circle
Coinbase Global announced Monday that it is acquiring an equity stake in Circle Internet Financial, the issuer of the USDC stablecoin.
![Why FTX deserves a second chance 46 photo illustration the FTX logo and mobile app adverts are displayed on screens](https://forkast.news/wp-content/uploads/2023/04/GettyImages-1440504626-1260x840.jpg)
Why FTX deserves a second chance
Despite the outrage against Sam Bankman-Fried and the now-bankrupt exchange, everyone would be better off with a relaunched FTX 2.0, writes Rachel Lin, CEO of SynFutures.
![Bitcoin recovers after falling below $26,000 as the ETF excitement bubble bursts 47 Bitcoin | Bitcoin recovers after falling below $26,000, while the ETF excitement bubble may have burst | Markets, BTC, ETH, ETF, NFT](https://forkast.news/wp-content/uploads/2023/08/bitcoin-cryptocurrency-on-the-tablet-2022-12-09-04-53-20-utc-1-1-1260x840.jpg)
Bitcoin recovers after falling below $26,000 as the ETF excitement bubble bursts
Bitcoin stabilized Tuesday morning in Asia after dropping below the key US$26,000 support level over night. Ether also dipped but held the US$1,600 mark.
![Bitcoin stabilizes as ETF enthusiasm tapers off 48 Cryptocurrency Bitcoin golden coins spilling on the table. Crypto investment concept background](https://forkast.news/wp-content/uploads/2023/08/bitcoin-9-1260x709.jpg)
Bitcoin stabilizes as ETF enthusiasm tapers off
Bitcoin stabilized above the US$26,000 mark following last week’s sell-off. Top cryptos struggle to gain momentum as Bitcoin ETF applications continue to be delayed.
![How the rise of asset tokenization could redraw global financial power maps: Opinion 49 various cryptocurrencies](https://forkast.news/wp-content/uploads/2023/07/Forkast-Opinion-Images-2-3-1260x710.png)
How the rise of asset tokenization could redraw global financial power maps: Opinion
Fractionalizing assets on-chain can greatly increase liquidity, security and market efficiency, writes Hamilton Keats. Here are the key trends and challenges.
![Tornado Cash sanctions upheld by US court 50 A tornado-producing supercell thunderstorm spinning over ranch land at sunset near Leoti, Kansas | US federal court upholds sanctions against Tornado Cash](https://forkast.news/wp-content/uploads/2023/08/a-tornado-producing-supercell-thunderstorm-spinnin-2022-03-07-23-56-41-utc-1260x840.jpg)
Tornado Cash sanctions upheld by US court
A U.S. district court has concluded that the Treasury Department’s sanctions on cryptocurrency mixer Tornado Cash are valid.
![By royal decree — the UK moves toward regulating crypto 51 By royal decree — the UK moves toward regulating crypto](https://forkast.news/wp-content/uploads/2023/08/By-royal-decree-—-the-UK-moves-toward-regulating-crypto-1260x706.png)
By royal decree — the UK moves toward regulating crypto
This first installment in a 3-part series on the U.K. digital asset industry looks at recent efforts to regulate crypto and expand the sector.
![SEC wants to question Terra’s Daniel Shin, could ask South Korea for help 52 The U.S. SEC could call for South Korea’s cooperation in questioning Daniel Shin, co-founder of Terraform Labs](https://forkast.news/wp-content/uploads/2023/08/daniel-shin-do-kwon.png)
SEC wants to question Terra’s Daniel Shin, could ask South Korea for help
The U.S. SEC could call for South Korea’s cooperation in questioning Daniel Shin, co-founder of Terraform Labs.
![Bitcoin, Ether stable after last week’s nosedive; XRP leads crypto gains; US stock futures mixed 53 Bitcoin | Bitcoin, Ether stable after last week’s nosedive; XRP leads crypto gains; U.S. stock futures mixed | Markets, BTC, ETH, XRP, NFT](https://forkast.news/wp-content/uploads/2023/08/golden-bitcoin-cryptocurrency-2021-08-26-18-32-12-utc-5-1260x840.jpg)
Bitcoin, Ether stable after last week’s nosedive; XRP leads crypto gains; US stock futures mixed
Bitcoin edged up on Monday morning in Asia to trade above US$26,000, after sliding over 10% for the week. Ether also moved higher but remained below US$1,700.
![Weekly Market Wrap: Bitcoin falls below US$26,000 following Evergrande’s bankruptcy 54 Bitcoin dives to US$28,500; Coinbase buoyed by US futures approval; Fed minutes cast shadow over equities | Concept with bitcoins and falling candle graph.](https://forkast.news/wp-content/uploads/2023/08/concept-with-bitcoins-and-falling-candle-graph-2021-08-26-16-24-27-utc-1-1260x840.jpg)
Weekly Market Wrap: Bitcoin falls below US$26,000 following Evergrande’s bankruptcy
Bitcoin fell over 10% this week and dipped to a two-month low following Evergrande’s bankruptcy filing.
![Tether stops USDT stablecoin mints on three blockchains 55 Tether cryptocurrencies and graph statistic background](https://forkast.news/wp-content/uploads/2023/08/tether-1260x840.jpg)
Tether stops USDT stablecoin mints on three blockchains
Tether, the issuer of the world’s largest stablecoin USDT, announced on Thursday that it will discontinue support for its flagship stablecoin, on three blockchains, Kusama, Bitcoin Cash SLP (Simple Ledger Protocol) and Omni Layer.
![XRP erases gains from Ripple’s partial victory as Bitcoin falls 10% in a week 56 BTC Bitcoin and XRP Ripple Coins Between Casino Chips. Entertainment and Modern Blockchain Payments Concept.](https://forkast.news/wp-content/uploads/2023/08/bitcoin-1260x833.jpeg)
XRP erases gains from Ripple’s partial victory as Bitcoin falls 10% in a week
Macroeconomic factors hit investor sentiment while a U.S. judge’s consent to SEC over its ongoing tussle with Ripple Labs affects crypto prices.
![SEC granted permission to file interlocutory appeal in Ripple case 57 Ripple Vs SEC Images](https://forkast.news/wp-content/uploads/2022/12/Ripple-Vs-SEC-Images-1-1260x709.jpg)
SEC granted permission to file interlocutory appeal in Ripple case
Judge Analisa Torres has granted the U.S. Securities and Exchange Commission (SEC) the request to file an interlocutory appeal in its lawsuit against Ripple Labs.
![How blockchain-backed ID can lift up the lives of the unbanked masses: Opinion 58 digital fingerprint scanning](https://forkast.news/wp-content/uploads/2023/07/Forkast-Opinion-Images-2-11-1260x710.png)
How blockchain-backed ID can lift up the lives of the unbanked masses: Opinion
Digital ID verified via blockchain can greatly expand economic opportunities for the world’s poor. But the market is fragmented and faces a rocky road of regulations, writes Tamas Kadar, CEO of SEON.
![Over $1 billion in crypto market liquidations as Bitcoin hits 2-month low 59 Bitcoin | Bitcoin hits 2-month low as macro risks rebound onto crypto | Markets, BTC, ETH, XRP, NFT](https://forkast.news/wp-content/uploads/2023/08/gold-bitcoin-coin-falling-to-water-bitcoin-and-wa-2021-08-30-01-22-42-utc-1260x840.jpg)
Over $1 billion in crypto market liquidations as Bitcoin hits 2-month low
Bitcoin traded at around US$26,800 on Thursday morning in Asia after hitting a two-month low of around US$25,400. Ether fell below US$1,700.
![Bitcoin steady at US$28,500; Dogecoin leads market decline in Asia 60 bitcoin](https://forkast.news/wp-content/uploads/2023/08/bitcoin-13-1260x840.jpg)
Bitcoin steady at US$28,500; Dogecoin leads market decline in Asia
Global institutional intrigue in digital currencies grows but the cryptocurrency market shows no signs of rallying.
![Will Singapore steady the stablecoin ship? 61 Singapore stablecoin Hong Kong HKVAX license](https://forkast.news/wp-content/uploads/2023/08/Singapore-stablecoin-Hong-Kong-HKVAX-license-1260x710.png)
Will Singapore steady the stablecoin ship?
Top blockchain and crypto news: Singapore steps up stablecoin rules. DeGods decline. Hong Kong’s third crypto license.
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Shiba Inu’s Shibarium layer-2 solution off to a rocky start
The Shiba Inu token’s price dropped over 7% Thursday after the bumpy launch of “Shibarium,” a layer 2 scaling solution on the Ethereum blockchain.
![Bitcoin dives to US$28,500; Coinbase buoyed by US futures approval; Fed minutes cast shadow over equities 63 Bitcoin dives to US$28,500; Coinbase buoyed by US futures approval; Fed minutes cast shadow over equities | Concept with bitcoins and falling candle graph.](https://forkast.news/wp-content/uploads/2023/08/concept-with-bitcoins-and-falling-candle-graph-2021-08-26-16-24-27-utc-1-1260x840.jpg)
Bitcoin dives to US$28,500; Coinbase buoyed by US futures approval; Fed minutes cast shadow over equities
Bitcoin, Ether and Top 10 crypto fell on Thursday morning in Asia. Coinbase receives futures approval.
![PayPal to pause UK crypto sales from October for at least 3 months 64 SAN JOSE, CALIFORNIA - FEBRUARY 02: A sign is posted in front of PayPal headquarters | PayPal launches fully backed and regulated USD stablecoin on Ethereum](https://forkast.news/wp-content/uploads/2023/08/GettyImages-1461793985-1260x796.jpg)
PayPal to pause UK crypto sales from October for at least 3 months
PayPal will pause cryptocurrency sales in the United Kingdom for a minimum of three months starting October 1.
![Coinbase cleared to offer crypto futures trading in the US 65 Coinbase advertisements in Time Square](https://forkast.news/wp-content/uploads/2023/03/Coinbase-1260x710.png)
Coinbase cleared to offer crypto futures trading in the US
Coinbase, the largest cryptocurrency exchange in the U.S., has obtained regulatory approval to offer crypto futures trading services to eligible clients
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Bitcoin extends losses as BNB falls after Binance closes payment service
Bitcoin extends the day’s losses but keeps above US$29,000, while Binance’s BNB drops amid exchange’s payment service closure.
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Binance to shut crypto payment infrastructure as market dominance dips
Binance will shut down its cryptocurrency payment service Binance Connect on Aug. 16, a Binance spokesperson confirmed.
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Singapore unveils stablecoin regulatory framework
The Monetary Authority of Singapore unveiled a stablecoin regulatory framework on Tuesday as the city-state aims to become a global hub for the crypto industry.
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TradFi has its eyes on crypto, and here’s the real reason why: Opinion
Wall Street thought crypto would be a passing fad. But more big institutions are having a change of heart, in spite of crypto’s protracted market woes.
![Alotta NFTs, alotta volume 70 NFT blocks in front of phone screen displaying OpenSea trading, Azuki spikes past Bored Apes in daily sales](https://forkast.news/wp-content/uploads/2022/03/editorial-non-fungible-token-letters-nft-s-are-a-2021-09-06-17-31-22-utc-1260x793.jpg)
Alotta NFTs, alotta volume
NFT data reveals a staggering 876,000 transactions across DMarket, DraftKings, Gods Unchained, and Sorare. DMarket alone boasts over 15 million NFTs. Combined, these giants account for nearly one-third of all NFT transactions.
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Cryptos decline on the back of Wall Street losses and Fed speculation
Bitcoin and Ether fell on Wednesday along with all other top 10 cryptos, NFTs moved down while U.S. stock futures steadied after a rocky Tuesday.
![Bitcoin, Ether dip amid low volatility; Solana gains 72 Bitcoin | Bitcoin, Ether dip amid low volatility; Solana gains | Markets, BTC, ETH, SOL, NFT](https://forkast.news/wp-content/uploads/2023/08/bitcoin-cryptocurrency-on-the-tablet-2022-12-09-04-53-20-utc-1260x840.jpg)
Bitcoin, Ether dip amid low volatility; Solana gains
Bitcoin traded flat on Tuesday afternoon in Asia. Ether dipped, while most other top 10 non-stablecoin tokens traded flat to lower. Solana rose.