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crypto airdrop

Why DeFi token airdrops are risky and how to make them more secure: Opinion

Having a crypto wallet is necessary to participate in a token airdrop, but wallets are also vulnerable to hacks and mishaps, writes Ravindra Kumar of Frontier.
Single Bitcoin cryptocurrency on a silver through gold metallic gradient background lying face up in the centre | Bitcoin gains to hold above US$30,000; Ether little changed with top 10 crypto mixed

Bitcoin gains to hold above US$30,000; Ether little changed with top 10 crypto mixed

Bitcoin traded above US$30,000 to hold onto the strong gains made this week on the back of growing institutional interest in the token as an emerging asset.
Wall Street-backed crypto exchange a sign of lingering interest despite SEC’s crypto crackdown

Wall Street-backed crypto exchange a sign of lingering interest despite SEC’s crackdown

Top blockchain and crypto news: Wall Street backs new crypto exchange. NFT traders remain cautious. Alibaba’s incoming chairman is a crypto fan.
Indian money - rupee a busines background

SoftBank-backed crypto bank Xapo to expand services in India

Xapo Bank, a Gibraltar-based cryptocurrency bank backed by SoftBank, DST Global and Ribbit Capital, has announced its expansion to India, the world’s most populous nation. 
Hand holding a bitcoin coin and chart on laptop display at background. Cryptocurrency trading or investment concept

Bitcoin slips but remains above US$30,000 as TradFi alumni enter crypto

Bitcoin fell and Ether rose during Thursday afternoon trading in Hong Kong, along with all the top 10 non-stablecoin cryptocurrencies by market capitalization. Bitcoin rose above US$30,000 earlier today, following news of institutions like BlackRock, Fidelity and Deutsche Bank entering the crypto space.
Young man holding XRP Ripple coin in hand with green bush in background - Cryptocurrency and Digital asset concept

Ripple gets in-principle approval for Singapore digital payment license

The Asia-Pacific arm of San Francisco-based technology firm Ripple Labs saidThursday it received in-principle approval to start offering digital payment services in Singapore.
Golden bull and coins . Financial investment in bull market and growth of stock market concept. 3d illustration | Bitcoin breaches US$30,000 on institutional interest; Ether, other tokens follow higher

Bitcoin breaches US$30,000 on institutional interest; Ether, other tokens follow higher

Bitcoin breached US$30,000 in Thursday morning trading in Asia, leading gains across all top 10 cryptocurrencies by market capitalization.
Beautiful architecture building exterior cityscape in Singapore city skyline with white cloud on blue sky

Singapore central bank, Amazon, IMF unveil ‘purpose-bound’ money technical concept

The Monetary Authority of Singapore (MAS) released on Wednesday a whitepaper for “purpose bound” money, detailing a technical overview of digital currencies designed for specific purposes.
Bitcoin cryptocurrencies and graph statistic background

Bitcoin rises, remains above US$28,000; Ether, top 10 cryptos strengthen

Bitcoin and Ether rose during Wednesday afternoon trading in Hong Kong, along with all the top 10 non-stablecoin cryptocurrencies by market capitalization. Bitcoin rose above US$28,000 as signs of institutional crypto adoption bolstered investor sentiment.
Hong Kong and crypto coins

Hong Kong is the crypto industry’s beacon amid the current storm: Opinion

The relationship between Hong Kong and crypto will likely only grow stronger over time, as it’s based on mutual respect as well as need, writes Lily King.
Bitcoin sprout | Bitcoin surges above US$28,000 on institutional adoption; Ether gains; U.S. equity futures down | Markets, BTC - Bitcoin, ETH - Ethereum, Non-Fungible Token - NFT, ETF

Bitcoin surges above US$28,000 on institutional adoption; Ether gains; U.S. equity futures down

Bitcoin surged over 5% on Wednesday morning in Asia to breach the US$28,000 resistance level, leading a rally of the top 10 non-stablecoin tokens except XRP.
WisdomTree logo, Bitcoin

WisdomTree files new spot Bitcoin ETF application following BlackRock

New York-based asset manager WisdomTree has submitted a new application for a spot Bitcoin exchange-traded fund in the U.S., less than a week after BlackRock filed its application for a similar spot Bitcoin ETF.
Ethereum and Bitcoin | Bitcoin heads higher, Ether breaches US$2,000, U.S. equities rally on weak inflation readings | Markets, China, BTC - Bitcoin, ETH - Ethereum, DOGE - Dogecoin

Ordinals inspire a new type of Ethereum collectible called Ethscriptions

Ethereum developers inspired by Bitcoin’s ordinals launch ‘Ethscriptions’, a new on-chain collectible.
Bitcoin golden coin and dollar background. Cryptocurrency

Citadel, Fidelity, Schwab-backed crypto exchange launches amid U.S. crackdown

EDX Markets, a cryptocurrency exchange with backing from major Wall Street players such as Citadel Securities, Fidelity and Charles Schwab, officially launched on Tuesday.
Close up of metal shiny bitcoin crypto currency coins on US dollar bills. Electronic decentralized money concept.

Bitcoin inches up, Ether slips; top 10 cryptos mixed

Bitcoin rose and Ether fell during Tuesday afternoon trading in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization closed mixed.
IMF Managing Director Kristalina Georgieva | IMF says common global CBDC platform, rules needed for international transactions: Reuters

IMF says common global CBDC platform, rules needed for international transactions: Reuters

Central banks need to agree on a common global platform and rules to ensure international use of CBDCs, IMF’s Kristalina Georgieva said.
flag of Japan and gaming icons

How Japan is illuminating the path of blockchain’s future: Opinion

In the Land of the Rising Sun, where the culture and ethos already align with the principles of blockchain games, the dawn of a new era of in gaming has arrived, writes Daiki Moriyama of Oasys.
Bitcoin | Bitcoin gains ground, Ether rises, Solana leads winners, BNB little-changed to lower | Markets, BTC - Bitcoin, ETH - Ehtereum, Non-Fungible Tken - NFT

Bitcoin gains ground, Ether rises, Solana leads winners, BNB little-changed to lower

Bitcoin rose on Tuesday morning in Asia to hold above support at US$26,000. Ether also logged gains along with most other top 10 non-stablecoin tokens.
Terraform Labs CEO Do Kwon in front of a wooden judges gavel on a law book | Securities or not? South Korea to evaluate Terra’s LUNA token | south korea terra luna, terra luna news, terra luna investigation, do kwon

Montenegro sentences Terraform Labs founder Do Kwon to four months’ jail for passport forgery

A Montenegro district court on Monday sentenced Terraform Labs chief executive officer Kwon Do-hyeong to four months’ jail for forging travel documents.
Golden bitcoins. Cryptocurrency in front of usa flag.

Bitcoin, Ether, rise; most top 10 cryptos fall as SEC lawsuit weighs on investor sentiment

Bitcoin and Ether rose during Monday afternoon trading hours in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization declined. Risk appetite remained low after the U.S. Securities and Exchange Commission (SEC) sued Binance and Coinbase two weeks ago.
crypto in Dubai and Hong Kong

How Dubai and Hong Kong are shifting crypto’s power dynamics: Opinion

As the US grapples with crypto regulation, Hong Kong and Dubai are emerging as leaders in the global digital economy, writes Ben Caselin of MaskEX.
Hong Kong

Hong Kong’s Cyberport signed up 150 Web3 firms in past year, says city’s financial secretary

Paul Chan, Hong Kong’s financial secretary, said more than 150 Web3 companies had registered at the Cyberport business park.
Bitcoin | Bitcoin dips after reclaiming US$26,000, Ether falls; XRP only gainer in the crypto top 10 | Markets, BTC - Bitcoin, ETH - Ethereum, XRP, Non-Fungible Token - NFT

Bitcoin dips after reclaiming US$26,000, Ether falls; XRP gains, Tron leads losers in crypto top 10

Bitcoin dipped on Monday morning in Asia after reclaiming US$26,000 support over the weekend. Ether also fell back but held above US$1,700.
Hong Kong city

Independent Reserve plans Hong Kong office, explores further Southeast Asia expansions

Independent Reserve may have a new Hong Kong office in the “next few months,” the Singapore chief of the Australian crypto exchange said in an exclusive interview. Focusing on institutional clientele, the exchange aims to double trade volumes and expand its user base this year.
Fidenza, XCOPY and Chromie Squiggles

Whales are feasting on NFT Art

Sotheby’s NFT auction sees Ringers #879 rise to the record books as one of the highest ever generative art in Ether value.
Cyber attack and hack graphic visual with cockroaches crawling in front.

Crypto in the time of cockroaches

An account of a holiday from hell draws parallel to the dark world of cybercrime and how anyone can fall victim to sophisticated crypto thefts.
Binance chief changpeng zhao in dark room wearing yellow binance hoodie | Binance documents show ties to U.S. unit unknown to regulators, WSJ reports | cz binance binance.us

Binance France under investigation for money laundering: CoinDesk

Binance France is reportedly under investigation for “aggravated” money laundering and the illegal provision of digital asset services.
Bitcoin on a home computer chart and money and investment

Weekly Market Wrap: Crypto lawsuits, Hinman and a rare rate hike pause

Bitcoin dipped below US$25,000 for the first time in three months, as the SEC’s lawsuits continued to erode crypto investor appetite. Bitcoin needs to hold above US$24,000 to avoid more bearish momentum, industry experts told Forkast.
Bitcoin cryptocurrencies and graph statistic background

Bitcoin remains above US$25,000; NFT sales down; Asian, European markets gain with U.S. futures mixed

Bitcoin, Ether and most top 10 non-stablecoin cryptos rose in Friday afternoon trading in Asia after weeklong slump.
BlackRock

BlackRock files for spot Bitcoin ETF, taps Coinbase as custodian

The ETF, if approved, would be the first publicly traded crypto product of its kind in the U.S., but the SEC just sued crypto exchanges for alleged securities violations and has rejected similar ETF applications in the past.
crypto in Asia

Asia lays out a welcome mat for crypto, while US bars its door

As the US escalates its crackdowns on digital asset companies, it’s also losing its dominance in crypto — to Asia’s advantage, writes Henry Liu of BTSE.
Varied cryptocurrencies | Bitcoin edges up after slump, Ether little-changed, other top 10 tokens contine bumpy ride

Bitcoin edges up after slump, Ether little-changed, other top 10 tokens continue bumpy ride

Bitcoin edges up but still stuck below US$26,000. Ether was little changed amid a weekly fall, while other top 10 crypto were mixed.
BNB tokens and SEC logo, Ripple and ex-SEC official Hinman, Coinbase and Hong Kong

SEC lawsuit sees Binance.US wobble, trading platforms delist cryptos

Top blockchain and crypto news: Binance.US at risk. Ex-SEC official’s comments complicate Ripple suit. Hong Kong lawmaker aims to entice exchanges.
Hand holding a bitcoin coin and chart on laptop display at background. Cryptocurrency trading or investment concept

Bitcoin below US$25,000; all top 10 cryptos fall

Bitcoin and Ether extended losses in Thursday afternoon trade in Asia amid U.S. regulator’s clampdown on top crypto exchanges.
Untitled design 58

Japan’s Fujitsu to launch blockchain-based project for cross-border collaborations

Tokyo-based information technology company Fujitsu will launch a new platform on June 30 to connect different economies using blockchain.
HKMA icon and Bitcoin | Hong Kong Monetary Authority urges banks to service crypto firms: Financial Times | Hong Kong, Cryptocurrency Assets, Bank

Hong Kong Monetary Authority urges banks to service crypto firms: Financial Times

HKMA is urging lenders including HSBC, Standard Chartered and Bank of China to service crypto exchanges. Financial Times reported on Thursday.
A golden Bitcoin token on top fo other golden coins

Bitcoin mining difficulty rises 2.18% to record amid increasing competition among miners

A higher difficulty reading indicates it is more competitive to mine Bitcoin, reducing profit. The network’s hashrate also increased to a record high. 
pile of Crypto and Fed chair Jerome Powell | Bitcoin, Ether, top 10 crypto in red in thinner trading, Fed warning of more rate hikes | bitcoin price today, ether, cardano, solana, ripple xrp, fed interest rate

Bitcoin, Ether, top 10 crypto in red amid thinner trading, Fed warning of more rate hikes

Bitcoin fell below US$25,000 support at one stage, while other top 10 non-stablecoin cryptocurrencies dropped as the Fed warned of more interest rate hikes this year.
The Forbidden City of Beijing | Back to the physical: China metaverse seeks to boost real-world economy | China, metaverse, Regulation & Law, DLT - Distributed Ledger Technology, Web 3.0

Back to the physical: China metaverse seeks to boost real-world economy

The final story in a three-part series on Asia metaverse developments looks at China’s national strategy, which has seen dozens of cities and provinces release spending plans and training schemes to adopt this digital world in real-world industries. China’s initiatives, however, face challenges from regulation and global competition.
Golden bitcoins. Cryptocurrency in front of usa flag.

Bitcoin, Ether extend losses; XRP drops most among top 10 cryptos

Bitcoin and Ether continued to slide amid lawsuits against top crypto exchanges in the U.S.
Bag with NFT non-fungible token and a bundle of dollars on scales. Sell digital assets of art through auction. Monetization, investment in cryptographic tokens, cryptocurrency. Blockchain technology.

How low can NFTs go?

SEC scrutiny sends NFT market into downturn. Traders liquidate or hold off as Forkast 500 NFT Index hits all-time low amidst crypto turbulence.
XRP lawsuit

XRP reverses gains after document release in SEC lawsuit vs Ripple

Prices of XRP, which powers some of Ripple Labs’ payment services, reversed gains that followed the release of internal SEC documents related to the lawsuit against Ripple.
crypto law and United States flag

How American courts have become central to crypto law

To date, none of the 30-plus crypto bills in Congress have become law, so judges are stepping up to fill the void. What does this mean for crypto in America?
Binance coin cryptocurrency on pile gold coins | Bitcoin, Ether retreat; BNB leads gainers on U.S. court ruling, top 10 crypto mixed

Bitcoin, Ether retreat; BNB leads gainers on U.S. court ruling, top 10 crypto mixed

Bitcoin trading remains stuck under the US$26,000 resistance line. Ether dips while other top 10 crypto were mixed.
Japan metaverse

Chicken first, egg later — Japan’s need for a macroscopic view of the metaverse

After a slow start, Japan’s development of a domestic metaverse is gaining pace. This second account in a three-part series asks: can the nation compete with rivals China and South Korea in building a 3D virtual world that – according to the promises – would open up new realms of economic prosperity and even potentially ease nagging social problems?
Money, bitcoin gold coins and american dollars

Bitcoin rises above US$26,000; all other top 10 cryptos gain as U.S. regulatory battle rumbles on

All top 10 cryptos, including Binance’s BNB, gained on Tuesday afternoon trade in Asia for the first time this week amid ongoing lawsuits with the U.S. SEC.
Binance

Binance.US says SEC’s motion to freeze exchange’s assets may end its operations

The operations of cryptocurrency trading platform Binance.US, “would quickly grind to a halt” if a court rules in favor of an SEC request last week to freeze the firm’s assets, the company said Monday in a court filing.
globe and world bank notes

The SEC has spoken: The future of finance is not in America

The SEC’s one-two punch of Coinbase and Binance couldn’t have come at a better time for Hong Kong and Singapore, as US crypto firms look to shift to friendlier shores, writes Hamilton Keats of Krayon Digital.
SEC chairman Gary Gensler and cryptocurrencies | Bitcoin edges up, but stuck under US$26,000; Ether slides with Solana, BNB as top 10 mixed

Bitcoin edges up, but stuck under US$26,000; Ether slides with Solana, BNB; top 10 mixed

Bitcoin rose but failed to break through US$26,000. Ether slipped, while other top 10 crypto were mixed as SEC chair Gary Gensler doubled down on reasons for suing U.S. crypto exchanges.
Gyeongbokgung in Seoul, South Korea | avatars from the Zepeto metaverse | Charting the digital continent — East Asia’s real-world race to build the metaverse

Charting the digital continent — East Asia’s real-world race to build the metaverse

South Korea, China, Japan — East Asia’s three industrial powerhouses are taking their economic rivalry to the virtual world. Each is developing a domestic metaverse in a race to become the region’s industry leader. This first account in a three-part series takes a look at what’s happening in South Korea.
A screenshot of Bitcoin Frogs, from Ordinals.Market, displaying Bitcoin Frog Ordinals listed for sale

Recursive inscriptions update to unlock games, more generative art on Bitcoin

Recursive inscriptions, an update that allows Ordinals inscriptions to reference another inscription, is set for deployment later this week.
Insights from Dubai's cryptocurrency scene as city looks to be global digital assets hub

Insights from Dubai’s cryptocurrency scene as city looks to be global digital assets hub

Ghassan Jumblat, fintech director at financial services company Integrated Communications Channel discusses the evolution of the cryptocurrency and blockchain industry in Dubai in the United Arab Emirates, as the city positions itself as a future hub for digital assets.
Close up of metal shiny bitcoin crypto currency coins on US dollar bills. Electronic decentralized money concept.

Bitcoin stays below US$26,000 in mixed market, Binance’s BNB biggest loser in 24 hours

BNB token of crypto exchange Binance dropped 5.5% in 24 hours amid lawsuits against the exchange by the U.S. SEC.
NFT Bitcoin

Bitcoin NFTs raise unique legal issues. Here’s what you need to know

Bitcoin Ordinals are also called NFTs, but intellectual property laws may not treat them the same as Ethereum- and Solana-minted NFTs, writes Cameron Pick.
Lion statue wearing VR goggles | Nanjing City district announces bold metaverse goals as China competition heats up | China, Metaverse, A.I. - Artificial Intelligence

Nanjing city district announces bold metaverse goals as China competition heats up

Jiangning, a district in China’s Nanjing city, released a metaverse plan on Saturday that includes training thousands of professionals for the industry.
Hong Kong

Hong Kong legislator encourages Coinbase to set up shop in city under new crypto rules

Local legislator suggests global cryptocurrency exchanges such as U.S.-based Coinbase set up operations in Hong Kong as the city’s new licensing regime for crypto retail trading took effect on June 1.
Bitcoin, Ether little changed after weekend slump; Solana, Cardano lead the losers

Bitcoin, Ether little changed after weekend slump; Solana, Cardano lead the losers

Bitcoin fell below US$26,000, while Solana, Cardano and BNB posted hefty weekly losses after the U.S. Securities and Exchange Commission targeted exchanges with lawsuits.
illuminated neon-colored NFT letters

SEC FUD can’t stop the fun in NFTs

NFT Community Resilience: Amid SEC scrutiny, builders thrive with Bitcoin NFTs soaring, Polygon’s mystery unveil, art sales surging, and IP licensing advancements.
Inside The Sandbox: A glimpse into the metaverse with co-founder Sebastien Borget

Inside The Sandbox: A glimpse into the metaverse with co-founder Sebastien Borget

Sebastien Borget of The Sandbox and Yehudah Petscher of Forkast Labs discuss the promise of the metaverse, the role of NFTs and the potential impact of Apple’s Vision Pro.
A golden Bitcoin token in front of a screen displaying a technical chart

Weekly Market Wrap: SEC crackdown on Binance, Coinbase ‘can’t stop’ Bitcoin as it trades above US$26,000

Bitcoin recovered above the US$26,000 psychological level after a brief dip, as investors seemingly shrugged at the SEC’s crackdown on Binance and Coinbase. The quick crypto recovery could be a sign of a maturing asset class, industry experts told Forkast.
gavel of judge with european union flag on wooden table

EU’s MiCA crypto rules published in official journal

The Official Journal of the European Union published on Friday the European Union’s landmark Markets in Crypto Assets law (MiCA), stating that the regulation would enter into force in 20 days from the date of publication.
Bitcoin up, Ether down, most top 10 cryptos start recovery after SEC crackdown

Bitcoin rises, Ether slips, most top 10 cryptos begin to pick up after SEC crackdown

Bitcoin rose and Ether fell, while most top 10 cryptos inched up following the U.S. SEC’s lawsuits against Binance and Coinbase.
Binance

Binance.US suspends U.S. dollar deposits, to pause fiat withdrawal channels

Binance.US, a cryptocurrency trading platform set up by Binance chief Changpeng Zhao to serve U.S. clients, said on Friday that it has suspended U.S. dollar deposits to protect customers amid intensifying regulatory pressure.
NFT and AliExpress | Alibaba’s e-commerce platform AliExpress to launch NFTs for outside China sales | Alibaba, China, Non-Fungible Token - NFT

The Moment3 to launch NFTs with Alibaba’s e-commerce platform AliExpress

AliExpress, the global online platform of China’s e-commerce giant Alibaba Group, will launch NFTs on June 25 working with NFT project “the Moment3!”.
crypto compliance and regulation

The grand experiment in crypto compliance: What will the future look like?

From US crackdowns on Binance and Coinbase to new business-friendlier frameworks in Hong Kong and Europe, seismic shifts in crypto regulations are under way.
Bitcoin crypto

Bitcoin, Ether rise amid ‘swoon-soar’ trading after SEC lawsuits against Binance, Coinbase

Bitcoin fails to break US$27,000 ceiling. Binance’s BNB gained 2%, even as latest SEC filing alleges customer funds were moved to private accounts, a charge Binance rejected.
Pudgy Penguins NFT

Pudgy Penguins CEO unveils licensing platform, pushes for NFT revenue beyond airdrops

Pudgy Penguins CEO Luca Netz says he aims to revolutionize the NFT marketplace, shifting focus from creating virtual assets out of “thin air” to generating real-world revenue via licensing.
Gensler

SEC Chair Gary Gensler offered to advise Binance in 2019: CNBC

The U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler allegedly offered to serve as an advisor to Binance, the world’s largest cryptocurrency exchange, in 2019, according to a CNBC report on Wednesday that cited documents filed by the regulator. 
Law theme, mallet of the judge, law enforcement officers, evidence-based cases and documents taken into account.

Binance moved billions of dollars in client funds to accounts of company officials, SEC says in new filing

The U.S. Securities and Exchange Commission (SEC) has submitted a new court filing to support its lawsuit against the world’s largest cryptocurrency exchange, Binance.
SEC, Binance, Solana, Bitcoin and Hong Kong skyline

Why the US is waging war on Binance, Coinbase

Top blockchain and crypto news: Binance, Coinbase in SEC firing line. Solana NFTs slump as Bitcoin’s surge. New dawn in Hong Kong crypto regulations.
Cryptocurrencies

Bitcoin, Ether gain while most top 10 cryptos fall, pressured by SEC lawsuits

Bitcoin and Ether rose but most top 10 cryptos were unable to escape the gravity of the SEC’s lawsuits against Binance and Coinbase.
A golden Bitcoin token in front of a screen displaying a technical chart

Bitcoin falls below US$27,000; Ether, all top 10 cryptos slide amid SEC lawsuit fallout

The SEC lawsuits against Binance and Coinbase have sent alt coins tumbling. Binance’s BNB lost 15.7% over the past week.

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