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Bitcoin coins and the judge gavel

Texas legislature introduces bill to attract Bitcoin-related businesses, protect interests of same

The Texas legislature introduced a bill on Tuesday to attract more Bitcoin-related businesses and protect the rights of Bitcoin holders, miners, and developers.
Timmy2 2

K-pop star G-Dragon launches NFT on OpenSea with Fandom Studio, BNB Chain

South Korean singer G-Dragon has launched an NFT collection on OpenSea in collaboration with Fandom Studio.
Bitcoin in a cart | Bitcoin holds above US$28,000, Ether moves higher, XRP surges, U.S. equities rally | Market, BTC - Bitcoin, ETH -Ethereum, XRP, Federal Reserve

Bitcoin moves above US$28,000, Ether gains, XRP surges, U.S. equities rally

Bitcoin held above US$28,000 on Wednesday morning in Asia amid a rebound in most top 10 non-stablecoin cryptocurrencies. XRP led the winners.
Stacked Bitcoins | Bitcoin back above US$24,000, Fed releases February minutes | Markets, BTC - Bitcoin, ETH - Ethereum

Bitcoin Fear & Greed index rises to 16-month high as investors seek safe-haven assets

The Bitcoin Fear & Greed index rose to a 16-month high of 68 points today, signaling that investors are becoming more greedy than fearful.
Biswa Bangla Gate

Indian crypto exchange WazirX blocks over 2,400 accounts in 6 months

WazirX, India’s largest crypto exchange by trade volume, has blacklisted over 2,431 accounts between October 2022 and March 2023, based on its internal monitoring process as well as under the direction of law enforcement agencies (LEA). 
Bitcoin crypto currency coins on US dollar bills.

Bitcoin, Ether extend losses; all eyes on U.S. interest rates

Bitcoin and Ether fell in Tuesday afternoon trade in Asia after rallying through the past week, while financial authorities injected cash into markets to ease liquidity pressures and took other steps to address concerns over a banking sector crisis in the U.S. and Europe. 
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Terraform Labs co-founder Daniel Shin | Gyeongbokgung in South Korea | Terraform Labs’ Daniel Shin again questioned by South Korea prosecutors over stablecoin collapse | do kwon, terra luna, daniel shin

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

Terraform Labs co-founder Shin Hyun-seung, also known as Daniel Shin, was again called in for questioning by South Korea’s prosecutors on Monday.
cryptocurrency and digital information technology in the world concept

Crypto needs to look abroad as US exchanges go unbanked

The fall of Silvergate, SVB and Signature has left crypto firms scrambling for new banks. Will crypto banking head offshore for the long term?
Bitcoins in front of a price chart | Bitcoin treads water, other crypto retreat ahead of U.S. Fed’s decision on interest rates | Markets, BTC - Bitcoin, ETH - Ethereum, Federal Reserve, Bank

Bitcoin treads water, other crypto retreat ahead of U.S. Fed’s decision on interest rates

Bitcoin traded flat below US$28,000 on Tuesday morning in Asia. Most other top cryptocurrencies retreated ahead of a U.S. decision on interest rates.
Merlion statue fountain in Merlion Park and Singapore city skyline at night.

Singapore to publish crypto, stablecoin consultation feedback by mid-2023

The Monetary Authority of Singapore (MAS) aims to publish cryptocurrency and stablecoin consultations feedback by the middle of this year, it said Monday.
Hong Kong cityscape | Hong Kong retail investors blocked from crypto spot ETFs

Over 80 Web3 firms in line to set up shop in HK, ahead of crypto regulations taking effect in June

Over 80 foreign and Mainland China companies have expressed their interest in establishing a Web3 company in Hong Kong, ahead of new crypto regulations that will take effect from June
Pile of Bitcoin Cryptocurrencies

Bitcoin rises past US$28,000, most other top 10 cryptos gain

Bitcoin traded above US$28,000 on Monday afternoon in Asia, a gain of 25% over last week, as a banking crisis in the U.S. and Europe prompted traders to see Bitcoin as a safe haven.
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Dubai Marina Port.

Singapore-based Crypto.com gets preparatory license to expand services in Dubai

Singapore-based cryptocurrency exchange Crypto.com will soon be able to extend its services in Dubai, after it received a Minimal Viable Product (MVP) Preparatory License from Dubai’s Virtual Assets Regulatory Authority (VARA). 
NFT artist painting on a digital tablet

How NFTs can protect creators and fortify their legal rights

The digital era has made piracy rampant and copyright enforcement difficult, but blockchain technology is shifting power back to creators, writes Wes Levitt of Theta Labs.
Taipei Taiwan Skyline

Taiwan’s financial supervisory commission will oversee crypto, chair says

Crypto in Taiwan remains largely unregulated, but lawmakers have requested the cabinet to appoint a regulator by May 16 to oversee all things crypto.
Kaiko logo and Hong Kong skyline | Crypto data provider Kaiko to move Asia HQ to Hong Kong from Singapore: Bloomberg | hong kong crypto, kaiko crypto

Crypto data provider Kaiko to move Asia HQ to Hong Kong from Singapore: Bloomberg

Paris-based Kaiko will move its Asian headquarters to Hong Kong as it sees growing crypto-related opportunities in the city.
bithumb office in Gangnam, Seoul, South Korea | Bithumb executive faces investigation over alleged bribery in South Korean crypto listing | bithumb, south korea crypto, kang jong hyun, park min young

Bithumb executive faces investigation over alleged bribery in South Korean crypto listing

South Korean prosecutors are investigating Lee Sang-jun, the CEO of Bithumb’s holding company, for alleged bribery in listing certain tokens on the platform.
A Signature Bank branch stands in Manhattan on March 13, 2023 in New York City. Image: Getty Images

New York Community Bancorp unit to assume Signature Bank deposits, FDIC says

New York Community Bancorp will assume all deposits and certain loan portfolios of the failed Signature Bank, the FDIC said on Sunday.
Bitcoin in front of a green chart | Bitcoin leads crypto rally as central banks promise liquidity to stem rising bank risk | Markets, BTC -Bitcoin, ETH - Ethereum, Federal Reserve, Bank

Bitcoin leads crypto rally as central banks promise liquidity to stem rising bank risk

Bitcoin briefly breached US$28,000 at the weekend in a bullish run extending into Monday morning in Asia amid worries about bank risk.
Bitcoin sitting on a tablet.

Weekly Market Wrap: Bitcoin rises above US$26,000, as ‘store of value’ narrative strengthens amid bank failures

As the U.S. banking system stared into the pit of bank runs and collapsing share prices, the authorities acted swiftly to try and pull everything back from the edge. However, Bitcoin seemed unperturbed. Is this what a safe haven looks like?
Set of cryptocurrencies

Bitcoin, Ether rise; relief for investors as major banks get liquidity lifeline

Bitcoin and Ether rallied by the end of Asian trading hours on Friday afternoon, together with all other top 10 non-stablecoin cryptocurrencies by market capitalization.
Salesforce logo, Ryan Wyatt | Enterprise software giant Salesforce partners with Polygon for NFT-based loyalty programs | salesforce web3, blockchain, polygon matic, polygon blockchain

Enterprise software giant Salesforce partners with Polygon for NFT-based loyalty programs

Salesforce has partnered with Polygon Labs to help its clients develop non-fungible token (NFT) based loyalty programs on the Polygon blockchain.
Signum digital, CS.Pro graphic | Signum Digital says it won first security token offering approval in Hong Kong | hong kong crypto, sfc, hong kong crypto regulation

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

Signum Digital said it’s the first company to win preliminary approval in Hong Kong to operate a platform to trade security tokens.
Bitcoins in front of a chart | Bitcoin, Ether, other crypto gain with equities amid global fund injections to support banks | Markets, BTC - Bitcoin, ETH - Ethereum, Binance, Bank

Bitcoin, Ether, other crypto gain with equities amid global fund injections to support banks

Bitcoin neared the US$25,000 mark on Friday morning in Asia. Cryptocurrencies gained as the U.S. and Europe moved to backstop troubled banks with cash.
Silvergate and SVB

Who should be held responsible for the Silvergate Bank and SVB crises?

As bank after bank topples, fingers are pointing everywhere. But crypto is not to be blamed for this unfolding crisis, writes Winston Hsiao of XREX.
DOJ Logo

US, Germany shut ChipMixer for alleged ties to US$3 bln crypto laundering 

US, and German shuttered ChipMixer, a cryptocurrency service that allegedly laundered more than US$3 billion in crypto since 2017.
Close up picture of Indian rupee.

India, UAE to collaborate on cross-border central bank digital currencies

The Indian central bank and the UAE will jointly run pilot programs on their central bank digital currencies, according to the Reserve Bank of India. 
A Bitcoin logo, on a smartphone, held in someone's hand, in front of a busy road

Bitcoin, Ether, Forkast 500 NFT index fall; euros rises amid Credit Suisse’s loan

Bitcoin and Ether declined by the end of Asian trading hours on Thursday afternoon, with all the top 10 non-stablecoin cryptocurrencies also falling, apart from Binance’s BNB.
Ripple coin isolated on black background. Cryptocurrency. Top view | Ripple executives say XRP lawsuit ruling will have little impact on global business operations | ripple xrp, ripple v. sec, ripple lawsuit

Ripple executives say XRP lawsuit ruling will have little impact on global business operations

The court ruling in a lawsuit brought by the SEC against Ripple will have minimal impact on the company’s business, APAC policy director Rahul Advani said.
do kwon in front of south korea flag | South Korea cranks up pressure to extradite Do Kwon, founder of failed Terra-Luna stablecoin | do kwon sec, do kwon terra luna, do kwon fbi, south korea

South Korea cranks up pressure to extradite Do Kwon, founder of failed Terra-Luna stablecoin

South Korean prosecutors said they will expand cooperation with overseas legal agencies to facilitate the arrest and extradition of Do Kwon.
Guo Wengui. Images: Wiki Commons, U.S. Attorney SDNY's Twitter account

US accuses exiled Chinese tycoon Guo Wengui of $1 billion crypto-linked fraud

Guo Wengui, an exiled Chinese billionaire, was arrested in New York on Wednesday for allegedly orchestrating a more than US$1 billion fraud conspiracy that included cryptocurrency, according to the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). See related article: U.S. banking regulators warn against cryptocurrency fraud, contagion risks Fast facts […]
Bitcoin in front of blue background | Bitcoin, Ether drop, other top cryptocurrencies retreat as bank liquidity concerns rise | Markets, BTC - Bitcoin, ETH - Ethereum, Bank, Inflation

Bitcoin, Ether drop, other top cryptocurrencies retreat as bank liquidity concerns rise

Bitcoin and Ether dropped in Thursday morning trading in Asia along with most other leading tokens amid broader concerns about bank liquidity.
sign that says "safe space" and various crypto coins

What the crypto industry should do to rebuild public trust

Many crypto users see losses as the cost of doing business. In fact, we can and must improve the sector’s deficiencies, writes Pelle Brændgaard of Notabene.
Hooded hacker in front of a digital background

Web3 crowdfunding launchpad Poolz Finance hacked for US$390,000 on BSC, Polygon

Poolz Finance, a cross-chain crowdfunding launchpad for Web3 projects, has been exploited for US$390,000 worth of digital assets
Stablecoin USDC bounces back after Silicon Valley Bank bust.

Circle’s USDC bounces back after Silicon Valley Bank bust

Top blockchain and crypto news: USDC stabilizes after SVB collapse. Silvergate closes shop. China tightens financial supervision.
Voyager-Binance.US' $1 bln deal should be put on hold, says U.S. Department of Justice

Voyager-Binance.US’ $1 bln deal should be put on hold, says U.S. Department of Justice

A deal valued at over US$1 billion between Binance.US and Voyager should be put on hold while key legal objections are worked out, says U.S. government.
Stacked bitcoin cryptocurrencies and 100 dollar bills

Bitcoin, Ether, Forkast 500 NFT index extend gains; U.S. banking crisis concerns ease as inflation slows to 6%

Bitcoin and Ether rose on Wednesday afternoon in Asia, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Solana and Polygon were the biggest gainers, both rising above 5% in the last 24 hours.
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Anchorage Digital website | Anchorage Digital lays off 20% of staff on low demand for NFTs, says bank unit not affected | anchorage layoff, meta, nft

Anchorage Digital lays off 20% of staff amid low NFT demand, says bank unit not affected

Digital asset platform Anchorage Digital will lay off 75 employees as it restructures to meet regulation challenges.
Signature Bank branch stands in Manhattan on March 13, 2023 in New York City. Image: Getty Images

New York regulator says Signature Bank closure ‘nothing to do’ with cryptocurrencies: Reuters

The decision to shut down Signature Bank at the weekend was not related to cryptocurrencies, the New York regulator told Reuters on Tuesday.
Bitcoin stacks | Bitcoin, Ether continue run up; Solana, Dogecoin lead gainers; U.S. equities rebound | Markets, BTC - Bitcoin, ETH - Ethereum, Bank, Binance

Bitcoin, Ether continue run up; Solana, Dogecoin lead gainers; U.S. equities rebound

Bitcoin and Ether continued strong price gains, with most of the top 10 non-stablecoin cryptocurrencies logging advances for the past seven days.
Bitcoin on the British flag

Binance suspends pound sterling services for U.K. customers as payment provider backs out

Binance, the world’s largest cryptocurrency exchange, announced that it is halting its British pound deposits and withdrawals.
Stack of golden bitcoins

Bitcoin breaks US$26,000 as inflation cools in February

Bitcoin, the world’s largest cryptocurrency, rallied past the US$26,000 mark at 09:15 p.m. in Hong Kong, shortly after the release of the United States Consumer Price Index (CPI)
India

India imposes money laundering regulations on crypto industry

India’s crime fighting agencies have been investigating crypto exchanges and individuals on money laundering charges and have now put the onus on exchanges to report suspicious transactions.
Pile of Bitcoin Cryptocurrencies

Bitcoin, Ether extend gains as U.S. regulators take charge of banking industry turmoil

Bitcoin and Ether rose the most in the top 10 non-stablecoin cryptocurrencies by market capitalization on Tuesday afternoon in Asia. Cryptocurrencies have been on a rebound since U.S. regulators took charge of the failures in the banking industry and moved to protect deposits across crypto-linked banks.
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China's emblem on NFT | China regulator says NFT trading complaints skyrocketed in 2022 from prior year | China, NFT - Non-Fungible Token, Scams

China regulator says NFT-related complaints skyrocketed in 2022

Amid the NFT hype in 2022, Chinese buyers’ complaints about NFT scams and price manipulations surged 30,000% to 59,700 from 198 in the year before.
Facebook CEO Mark Zuckerberg And News Corp CEO Robert Thomson Debut Facebook News | Meta plans to wind down NFT initiatives on Facebook, Instagram to focus on other services | meta nft, opensea,

Meta plans to wind down NFT initiatives on Facebook, Instagram to focus on other services

Meta Platforms, the parent company of Facebook and Instagram, will wind down its non-fungible token operations on both social media services.
do kwon in front of american flag | U.S. Justice Department investigating the collapse of Do Kwon’s Terra-Luna, says WSJ |

FBI investigating the collapse of Do Kwon’s Terra-Luna, WSJ reports

Former employees of Do Kwon’s Terraform Labs are being questioned by the FBI and U.S. prosecutors in New York.
NFT with crypto coins

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.
Bitcoin stack upward | Bitcoin jumps above US$24,000, leading crypto gains as U.S. acts to backstop banks | Markets, BTC - Bitcoin, ETH - Ethereum, Silver Gate, Binance

Bitcoin jumps above US$24,000, leading crypto gains as U.S. acts to backstop banks

Bitcoin continued to gain in morning trading in Asia, as regulators acted to backstop the U.S. banking industry. Most of the top 10 cryptocurrencies gained.
Picture of Dante Disparte during a Word on the Block interview with Forkast.News

Banks are bringing systemic risks to crypto, says Circle’s Disparte

The recent U.S. bank failures are proof that the banking system is introducing systemic risks to the crypto industry, not vice versa, says Circle chief strategy officer Dante Disparte.
Euler Finance loses nearly US$200 mln in exploit

Euler Finance loses nearly US$200 mln in exploit

Euler Finance, a decentralized finance lending protocol has lost approximately US$197 million in an exploit, according to online crypto security analysts.
bitcoin on top of a laptop with images of stock market data graphs in the background

Bitcoin, Ether gain after U.S. regulators take charge to shield deposits across crypto-related banks

Bitcoin and Ether gained in Monday afternoon trade in Asia, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization, after U.S. regulators took charge of Silicon Valley Bank and Signature Bank, both with exposure to crypto industry, protecting deposits and confirming that no losses will be borne by the taxpayer. 
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Cryptocurrencty wallet smartphone app

Beware the perils of one-size-fits-all approach to crypto investing

The collapse of Voyager and Celsius highlights the risks of crypto investing apps and underscores the need for tailored user education, writes Jackson Zeng of Caleb & Brown.
Circle Internet Financial logo in front of cryptocurrencies laid on gravel | Circle says US$3.3 bln USDC reserve at SVB available Monday, announces partnership with Cross River | circle usdc, silicon valley bank, silvergate, signature bank

Circle says US$3.3 bln USDC reserve at SVB available Monday, announces partnership with Cross River

Circle said the USDC reserve deposits held at the failed Silicon Valley Bank will be recovered when banks open on Monday.
Circle CEO Jeremy Allaire

Circle’s USDC stablecoin regains parity as regulators act to stop bank run risk

Circle said its $3.3 billion of USDC cash reserves at the collapsed Silicon Valley Bank will be available Monday after regulators stepped in to backstop deposits.
Bitcoin in plant pots | Bitcoin jumps more than 9% as U.S. acts to protect deposits at crypto-linked banks | Markets, BTC - Bitcoin, ETH - Ethereum, USDC - USD Coin, Silver Gate

Bitcoin jumps more than 9% as U.S. acts to protect deposits at crypto-linked banks

Bitcoin and Ether led a rebound in cryptocurrencies in Asia morning trading as U.S. regulators backstopped banks with ties to the crypto industry.
signature bank official website | U.S. regulators shutter Signature Bank, lender to Paxos, Coinbase, citing systemic risk | silvergate, silicon valley bank

U.S. regulators shutter Signature Bank, lender to Paxos, Coinbase, citing systemic risk

U.S. regulators closed New York-based Signature Bank, one of the biggest lenders in the crypto industry, due to risks of a systemic failure.
Bitcoin coins on keyboard computer with trading exchange graph

Weekly Market Wrap: Bitcoin falls below US$20,000 as Silvergate collapse, rate hike concerns rise

Bitcoin fell below US$20,000 for the first time since Jan. 13 on the back of crypto bank Silvergate’s collapse and the U.S. Fed signaling higher than expected interest rate hikes.
Meta working on a decentralized social media app: Moneycontrol

Meta working on a decentralized social media app: Moneycontrol

Meta Platforms, the parent company of the social media applications Facebook and Instagram, is exploring a decentralized text-based Twitter alternative.
Solana-focused NFT marketplace Tensor. Image: screenshot of tensor.trade

Solana NFT sales surge as traders farm for Tensor rewards

The Forkast SOL NFT Composite dropped 6.13% over the past week while sales increased. Industry expert suspects casino-like behavior of traders moving funds to new projects.
Images from some of the most popular NFT collections, side by side

Bet on the Black? Take a punt on the Red? Or maybe put it all down on an NFT?

Savvy traders are quick to extract liquidity to reinvest into the “slot machines” of the NFT casino, according to CryptoSlam’s NFT strategist.
Bitcoin, Ether rise

Bitcoin, Ether, Forkast 500 NFT index close lower on the day

Bitcoin and Ether tumbled during Asia trading hours on Friday afternoon, with Dogecoin leading losses among the top 10 largest non-stablecoin cryptocurrencies by market capitalization, pressured by crypto bank Silvergate’s liquidation
NEW YORK, NEW YORK - SEPTEMBER 21: NY Attorney General Letitia James speaks during a press conference at the office of the Attorney General on September 21, 2022 in New York, New York. NY AG James announced today that her office is suing former President Donald J. Trump and his children Donald Trump Jr., Ivanka Trump, and Eric Trump accusing the family of fraudulent statements of financial conditions to obtain millions in economic benefits. The lawsuit seeks to remove Trump and his children from their roles at their organizations and bans them from future leadership roles in the state of NY and repay $250 million that was illegally obtained. (Photo by Michael M. Santiago/Getty Images)

New York attorney general sues KuCoin for ‘falsely representing itself as an exchange’

The NY State Attorney General is suing crypto exchange Kucoin for not registering as a securities and commodities broker-dealer and calling itself an exchange.
President Biden Speaks At The House Democratic Caucus Issues Conference In Baltimore | Biden administration proposes 30% crypto mining tax, closing wash-trading loopholes | crypto mining tax, wash trade crypto

Biden administration proposes 30% crypto mining tax, closing wash-trading loopholes

The U.S. has proposed an excise tax on cryptocurrency miners equal to 30 percent of the cost of the electricity they use.
a-person-holding-a-mobile-phone-with-an-nft | Forkast 500 NFT Index slides, Polygon blockchain NFT sales jump nearly 250%

Forkast 500 NFT Index slides, Polygon blockchain NFT sales jump nearly 250%

The Forkast 500 NFT Index fell to a near two-month low in Asia trading on Friday morning, with sales slumping on the Ethereum and Solana blockchains, the two biggest for non-fungible tokens. Polygon, the third biggest, saw a sales surge.
Bitcoins in front of red background | Bitcoin, Ether slump in broad sell-off amid Fed warnings on rates, Silvergate Bank failure | Markets, BTC - Bitcoin, ETH - Ethereum, Silver Gate, Federal Reserve

Bitcoin, Ether slump in broad sell-off amid Fed red flags on rates, Silvergate Bank failure

Bitcoin and other leading cryptocurrencies slid Friday morning in Asia, tracking equities amid red flags on interest rates and concern about fallout from the Silvergate collapse.
global trade

Why global coordination on crypto regulation is paramount

In the race to tame crypto’s excesses, we need to avoid regulatory clashes while DeFi draws lessons from TradFi, writes Rachel Lin of SynFutures.
Randy Wasinger, co-chief executive officer of Forkast Labs

Most of NFT industry working on recycled liquidity, says Forkast Labs’ co-founder

NFT sales and market capitalization show rising investor activities, but recycled liquidity and wash trading may tell a different story, Forkast Labs co-CEO says.
CFTC chair calls Ethereum a commodity, in contrast to SEC chair Gensler’s position

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

CFTC chair Rostin Behnam has called Ethereum a commodity and not a security, in apparent contrast to past statements from SEC Chairman Gary Gensler.
Bitcoin, Ether fall amid interest rate hike fears, Silvergate liquidation; Forkast NFT 500 index slips 0.79%. Bitcoin on a home computer chart and money and investment

Bitcoin, Ether fall amid interest rate hike fears, Silvergate liquidation; Forkast NFT 500 index slips 0.79%

Bitcoin and Ether fell in evening trading in Asia Thursday, with XRP the sole gainer in 24 hours among the top 10 non-stablecoin cryptocurrencies by market cap.
China emblem on "NFT" | China’s parliament member to propose NFT regulation at ‘Two Sessions’ | China, NFT - Non-Fungible Token, Regulation & Law, Digital Assets

China’s parliament member to propose NFT regulation at ‘Two Sessions’

NFTs have entered China’s Two Sessions, with a delegate to propose an NFT regulatory framework.
seoul envato

South Korea pours US$51 million into metaverse projects

South Korea is investing 27.7 billion Korean won (US$21 million) into local services looking to utilize the metaverse, the ministry of science announced Wednesday, following Tuesday’s news that it would establish a US$30 million metaverse fund to help startups expand their businesses. See related article: Japanese tech, finance firms sign pact to build metaverse economic […]

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