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![Bankrupt crypto lender 3AC’s liquidators set to dump millions worth of seized NFTs 1 Editorial:Non-Fungible token letters, nft‘s are a blockchain market for art and collectibles](https://forkast.news/wp-content/uploads/2023/02/PICTURE-322-1260x709.png)
Bankrupt crypto lender 3AC’s liquidators set to dump millions worth of seized NFTs
Teneo, the liquidator of the bankrupt crypto lender Three Arrows Capital plans to sell non-fungible tokens estimated to be worth millions of dollars.
![FTX founder Sam Bankman-Fried hit with four more criminal charges 2 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/2022/12/GettyImages-1357912812-1-1260x709.jpg)
FTX founder Sam Bankman-Fried hit with four more criminal charges
The founder of bankrupt cryptocurrency firm FTX.com Sam Bankman-Fried (SBF) has received another four criminal charges in a superseding indictment on Thursday.
![Markets: Bitcoin, Ether fall along with all top 10 cryptos as investors await consumption index 3 Ethereum and Bitcoin gold tokens](https://forkast.news/wp-content/uploads/2022/09/ethereum-and-bitcoin-2021-08-26-23-03-01-utc-1260x841.jpg)
Markets: Bitcoin, Ether fall along with all top 10 cryptos as investors await consumption index
Bitcoin and Ether fell during Asian trading hours on Friday, along with all the top 10 non-stablecoin cryptocurrencies by market capitalization. Most Asian equities were down, despite Wall Street’s overnight performance.
![Weekly NFT sales surge amid marketplace Blur's new round of token airdrop 4 Blur](https://forkast.news/wp-content/uploads/2023/02/Blur-1-1260x702.jpg)
Weekly NFT sales surge amid marketplace Blur’s new round of token airdrop
NFT sales more than doubled this week, with NFT marketplace Blur remaining the talk of the town.
![IMF releases crypto action plan, advises against legal tender status 5 IMF releases crypto action plan, advises against legal tender status](https://forkast.news/wp-content/uploads/2023/02/Screenshot-2023-02-24-095206-1260x709.jpg)
IMF releases crypto action plan, advises against legal tender status
World governments should not grant cryptocurrency legal tender status, the International Monetary Fund’s (IMF) executive board said in its new nine-point action plan on how countries should approach crypto assets published Thursday. See related article: India working with IMF, FSB on crypto regulations, says economic affairs secretary Fast facts See related article: India’s finance minister […]
![Why crypto offers great career opportunities for talented women 6 business women making steps; crypto rate upsloping](https://forkast.news/wp-content/uploads/2023/02/Forkast-Opinion-Images-5-1260x710.png)
Why crypto offers great career opportunities for talented women
The blockchain sector’s gender divide is narrowing. Its newness and founding ideals also allow for more flexible workplaces, writes Anastasia Kor of Choise.com.
![Markets: Bitcoin down, Ether up; US equities rise as unemployment benefit claims slide 7 bitcoin and us dollars, man submitting resignation letter | Markets: Bitcoin down, Ether up, US equities rise as unemployment benefit claims slide | bitcoin news ether price crypto today](https://forkast.news/wp-content/uploads/2023/02/Untitled-design-16-1260x709.jpg)
Markets: Bitcoin down, Ether up; US equities rise as unemployment benefit claims slide
Bitcoin was down and Ether was up on Friday morning in Asia, while most top 10 non-stablecoin cryptocurrencies by market capitalization fell.
![Creepz NFT sales surge 239% following Spotify partnership news 8 Screenshot of Creepz by Overlord NFT collection, from OpenSea homepage](https://forkast.news/wp-content/uploads/2023/02/Creepz-NFT.png)
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.
![SEC accused of ‘back door’ labeling of crypto as securities in Coinbase insider trading case 9 SEC and cryptocurrencies | SEC may make it harder for hedge funds to work with crypto firms: Bloomberg | crypto news, hedge fund, paxos, coinbase, U.S. SEC](https://forkast.news/wp-content/uploads/2023/02/crypto-sec-1260x945.png)
SEC accused of ‘back door’ labeling of crypto as securities in Coinbase insider trading case
A U.S.-based blockchain advocacy group has urged a federal court to dismiss SEC charges against an ex-Coinbase employee accused of insider trading.
![Canada gives crypto companies 30 days to meet updated registration guidelines 10 coins Bitcoin, against the background of Canada flag, concept of](https://forkast.news/wp-content/uploads/2021/05/coins-bitcoin-against-the-background-of-canada-fla-C4QBC9R-1-scaled.jpg)
Canada gives crypto companies 30 days to meet updated registration guidelines
Cryptocurrency companies in Canada have 30 days to meet updated crypto registration guidelines released on Wednesday or risk losing their users.
![Taiwan must mandate a central authority to oversee crypto by May 16, says lawmaker 11 Tseng Ming-Chung, a Taiwanese legislator and former chair of former chair of Financial Supervisory Commission. Image: Forkast](https://forkast.news/wp-content/uploads/2023/02/tseng.jpg)
Taiwan must mandate a central authority to oversee crypto by May 16, says lawmaker
A Taiwanese lawmaker has reiterated that the cabinet will have to mandate an acting central authority to shape regulatory frameworks and development roadmap for the cryptocurrency industry by May 16, a move that would push Taiwan closer to adequate crypto regulation.
![NBA partners Chinese fintech giant Ant Group to launch NFTs in China 12 Ant Group logo on a mini basket ball field | NBA to partner Chinese fintech giant Ant Group to launch NFTs in China | sports, Ant Group, Alipay, NFT - Non-Fungible Token, China](https://forkast.news/wp-content/uploads/2023/02/featured-image-14-1260x1115.jpg)
NBA partners Chinese fintech giant Ant Group to launch NFTs in China
NBA will partner Ant Group – Chinese tech giant Alibaba’s fintech affiliate – to issue NBA-themed NFTs and create content on Alipay.
![Markets: Bitcoin, Ether rise along with top 10 cryptos despite Fed signals to raise interest rates 13 A man's hand holds an etherium coin at a computer table, Markets: Etherium Merge complete, ETH and linked tokens lift market](https://forkast.news/wp-content/uploads/2022/09/crypto-coins-and-money-on-the-desktop-2022-01-29-08-04-59-utc-1260x709.jpg)
Markets: Bitcoin, Ether rise along with top 10 cryptos despite Fed signals to raise interest rates
Bitcoin and Ether rose during Asian trading hours on Thursday, along with all top 10 non-stablecoin cryptocurrencies by market capitalization. Asian equities were down
![SEC has to clarify what’s permissible for staking, former CFTC chair says 14 Timothy Massad (right), former Commodity Futures Trading Commission chairman, spoke Thursday at the Taiwan Fintech Association conference in Taipei.](https://forkast.news/wp-content/uploads/2023/02/Timothy-CFTC-1260x943.jpg)
SEC has to clarify what’s permissible for staking, former CFTC chair says
It remains unclear whether the U.S. SEC’s enforcement action against cryptocurrency exchange Kraken represents a broader crackdown on staking, according to Timothy Massad, former Commodity Futures Trading Commission chairman.
![Gate Group set to enter Hong Kong 15 Hong Kong flag waving in front of a skyscraper](https://forkast.news/wp-content/uploads/2022/11/Hong-Kong-Lots-of-‘fin-too-little-‘tech-1260x709.png)
Gate Group set to enter Hong Kong
Gate Group announced on Wednesday that it is applying for a new cryptocurrency license in Hong Kong, joining a growing list of Web3 firms entering the city.
![Judge denies Dapper Labs request to dismiss NBA Top Shot security lawsuit 16 LeBron James. | Judge denies Dapper Labs request to dismiss NBA Top Shot security lawsuit.](https://forkast.news/wp-content/uploads/2023/02/lebron-1260x809.jpg)
Judge denies Dapper Labs request to dismiss NBA Top Shot security lawsuit
A US district court judge on Wednesday denied Dapper Labs’ request to dismiss a lawsuit that alleges that the NBA Top Shots NFT collection is an unregistered security.
![Crypto exchanges face an existential challenge. What can bring users back? 17 trading materials with Bitcoin, laptop, cash, and calculator; crossed-chain in front](https://forkast.news/wp-content/uploads/2023/02/1-1260x710.png)
Crypto exchanges face an existential challenge. What can bring users back?
Amid the rubble of FTX and other centralized exchanges, cross-chain technology and on-chain trading offer more trustworthy alternatives, writes Simon Harman of Chainflip.
![Bitcoin back above US$24,000, Fed releases February minutes 18 Stacked Bitcoins | Bitcoin back above US$24,000, Fed releases February minutes | Markets, BTC - Bitcoin, ETH - Ethereum](https://forkast.news/wp-content/uploads/2023/02/stacked-bitcoin-columns-2021-08-26-23-02-50-utc-1260x841.jpg)
Bitcoin back above US$24,000, Fed releases February minutes
Bitcoin fell in a mixed morning for the top 10 non-stablecoin cryptocurrencies, with XRP posting the biggest gains in the list and Solana leading losses.
![Hong Kong’s new crypto regulation may lure Web3 firms back, experts say 19 Hong Kong flag with Bitcoin at the corner | Hong Kong’s new crypto regulation may lure Web3 firms back, experts say | Hong Kong, Web 3.0, Regulation & Law, virtual asset service providers (VASP), SFC - Securities and Futures Commission](https://forkast.news/wp-content/uploads/2023/02/featured-image-13-1260x840.jpg)
Hong Kong’s new crypto regulation may lure Web3 firms back, experts say
Hong Kong’s proposed crypto licensing regime received Huobi Global’s pledge to return to the city, and more companies may follow, industry experts told Forkast.
![Binance, Ingenico begin crypto payments in France 20 Binance logo with stacked golen coins in the background](https://forkast.news/wp-content/uploads/2022/11/Binance-1-1260x709.png)
Binance, Ingenico begin crypto payments in France
Binance, the world’s largest cryptocurrency exchange, has partnered France-based global payments giant Ingenico to offer in-store crypto payments in France using Binance Pay.
![Crypto scammers seize on AI frenzy as fraudulent ChatGPT tokens flood markets 21 {"uid":"1620FB4D-16C6-4568-8A77-D255CA0CC4F3_1627303342100","source":"other","origin":"gallery"}](https://forkast.news/wp-content/uploads/2023/02/inscription-fraud-2022-11-11-21-08-45-utc-1260x709.jpg)
Crypto scammers seize on AI frenzy as fraudulent ChatGPT tokens flood markets
Crypto scammers are deploying fraudulent tokens that appear affiliated with the popular AI chatbot ChatGPT, taking advantage of the tech’s investment hype.
![Blur lives up to name as its trading volume surpasses OpenSea 22 Blur lives up to name as trading volume passes OpenSea](https://forkast.news/wp-content/uploads/2023/02/Blur-lives-up-to-name-as-trading-volume-passes-OpenSea-1260x710.png)
Blur lives up to name as its trading volume surpasses OpenSea
Top blockchain and crypto news: Blur’s success spurs changes at OpenSea. Is Binance eyeing US exit? Taiwan asset disclosure rules may include crypto.
![Markets: Bitcoin, Ether extend losses; Polygon, Solana biggest losers 23 Bitcoin](https://forkast.news/wp-content/uploads/2023/02/bitcoin-14-1260x840.jpg)
Markets: Bitcoin, Ether extend losses; Polygon, Solana biggest losers
Bitcoin and Ether fell in Wednesday afternoon trade in Asia, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization.
![Hong Kong to invest US$6.37 million to spur Web3 growth 24 Hong Kong and blockchain graphic | Hong Kong to invest US$6.37 million to spur Web3 growth | hong kong web3 web 3.0 crypto news](https://forkast.news/wp-content/uploads/2023/02/Untitled-design-15-1260x709.jpg)
Hong Kong to invest US$6.37 million to spur Web3 growth
Hong Kong is allocating HK$50 million (US$6.37 million) to develop its Web3 sector, the Financial Secretary Paul Chan announced Wednesday.
![Coinbase reports growth in Q4 earnings despite decline in users 25 Coinbase. | Coinbase reports growth in Q4 earnings despite decline in users](https://forkast.news/wp-content/uploads/2021/11/FF_Coinbase-1260x838.jpg)
Coinbase reports growth in Q4 earnings despite decline in users
Coinbase reported an increase in its Q4 earnings on Tuesday, even as overall users declined throughout the period.
![Crypto miner Hive Blockchain posts wider losses, cites Ethereum Merge 26 Hive mining facility](https://forkast.news/wp-content/uploads/2023/02/Hive-1260x673.jpg)
Crypto miner Hive Blockchain posts wider losses, cites Ethereum Merge
Vancouver-based cryptocurrency mining firm Hive Blockchain Technologies Ltd. reported bigger losses in its latest quarterly earnings report published Tuesday, mainly due to Ethereum’s Merge and lower Bitcoin prices. See related article: Bitcoin mining difficulty dips 0.5% over two weeks after hitting record high Fast facts See related article: Bitcoin miner Greenidge Generation cuts NYDIG debt […]
![Ankr token surges 60%, partners Microsoft for enterprise-grade node service 27 ankr and microsoft logo | Ankr token surges 60%, partners Microsoft for enterprise-grade node service | ankr microsoft blockchain node enterprise](https://forkast.news/wp-content/uploads/2023/02/microsoft_f05fed67f3-1260x711.jpeg)
Ankr token surges 60%, partners Microsoft for enterprise-grade node service
ANKR surged by more than 60% after the blockchain infrastructure startup announced a partnership on Tuesday with Microsoft.
![Markets: Bitcoin, Ether fall as 2-year bond nears 15-year high 28 Bitcoin in front of a graph | Bitcoin, Ether fall as 2-year bonds near 15-year high | Bitcoin, ETH - Ethereum, Markets](https://forkast.news/wp-content/uploads/2023/02/Bitcoin3-1-1260x840.jpg)
Markets: Bitcoin, Ether fall as 2-year bond nears 15-year high
Bitcoin and Ether fell on Wednesday morning trading in Asia along with all other top 10 non-stablecoin cryptocurrencies by market cap.
![Centralized crypto exchanges are dying, so long live centralized crypto exchanges? 29 Picture of Wall St., cryptocurrencies | Centralized crypto exchanges are dying, so long live centralized crypto exchanges? | cex, dex, defi, decentralized finance, edxm](https://forkast.news/wp-content/uploads/2023/02/Untitled-design-14-1260x709.jpg)
Centralized crypto exchanges are dying, so long live centralized crypto exchanges?
Multi-billion dollar bankruptcies, fraud allegations, scandal, and plunging cryptocurrency prices in 2022 all characterized why investors came to distrust centralized exchanges. Yet, some commentators expect platforms to become ever more centralized … and regulated.
![Polygon Labs cut 20% of workforce 30 Polygon brand logo visible on the skyline of a city](https://forkast.news/wp-content/uploads/2021/12/Polygon-768x432-1-1260x708.jpeg)
Polygon Labs cut 20% of workforce
Polygon Labs is firing 20% of its workforce, or about 100 positions, as part of its business consolidation.
![Bitcoin exceeds 154,000 inscriptions in a month as Litecoin Ordinals launches 31 Screenshot of Bitcoin Ordinals Inscription 156161 featuring a Bored Ape](https://forkast.news/wp-content/uploads/2023/02/ordinals3.png)
Bitcoin exceeds 154,000 inscriptions in a month as Litecoin Ordinals launches
The Bitcoin Network has recorded over 154,554 inscriptions since the launch of Bitcoin Ordinals on Jan. 21, a fork that enables digital assets to be inscribed on satoshis (sats)
![FTX Japan resumes withdrawals through Liquid Japan web platform 32 FTX Japan resumes withdrawals through Liquid Japan web platform](https://forkast.news/wp-content/uploads/2023/02/Screenshot-2023-02-21-100723-1260x707.jpg)
FTX Japan resumes withdrawals through Liquid Japan web platform
FTX Japan, the Japanese subsidiary of Sam Bankman-Fried’s bankrupt FTX, resumed withdrawal of customer holdings on Tuesday.
![Markets: Bitcoin gains, returns to US$25,000; XRP biggest winner in top 10 cryptos 33 Bitcoin on pizza](https://forkast.news/wp-content/uploads/2023/02/bitcoin-11-1260x841.jpg)
Markets: Bitcoin gains, returns to US$25,000; XRP biggest winner in top 10 cryptos
Bitcoin and Ether prices rose in Tuesday afternoon trade in Asia, while all other top 10 non-stablecoin cryptocurrencies were mixed. XRP led gains at 2.37%, while Solana and Polygon dropped saw the largest declines.
![China's Shenzhen city to stamp data ownership on blockchain 34 Cubes with data icon and a "private" sign | Shenzhen to stamp data ownership on blockchain | China, blockchain, DLT - Distributed Ledger Technology, Intellectual Property](https://forkast.news/wp-content/uploads/2023/02/featured-image-12-1260x840.jpg)
China’s Shenzhen city to stamp data ownership on blockchain
Shenzhen is adopting blockchain technology to safeguard data ownership, as China seeks to build a regulated data economy.
![Crypto hedge fund Galois Capital to close after losing US$40 mln in FTX 35 Pile of cryptocurrencies. | Crypto hedge fund Galois Capital to close after losing US$40m in FTX](https://forkast.news/wp-content/uploads/2023/02/AusETF-1260x840.jpg)
Crypto hedge fund Galois Capital to close after losing US$40 mln in FTX
Cryptocurrency-focused hedge fund Galois Capital will close and return the remaining funds to investors after losing US$40 million worth of assets in the collapse of crypto exchange FTX.com
![Huobi plans to move headquarters to Hong Kong from Singapore 36 Huobi advisor Justin Sun speaking at a Huobi event | Huobi plans to move headquarters to Hong Kong from Singapore | hong kong crypto, huobi, sfc](https://forkast.news/wp-content/uploads/2023/02/FiJzJZHaUAAQRQH-1260x840.jpeg)
Huobi plans to move headquarters to Hong Kong from Singapore
Cryptocurrency exchange Huobi Global is seeking to relocate its Asia headquarters from Singapore to Hong Kong.
![How Web3 in China is taking shape — with ‘Chinese characteristics' 37 web 3.0 on keyboard (left), flag of China (right)](https://forkast.news/wp-content/uploads/2023/02/2-1-1260x710.png)
How Web3 in China is taking shape — with ‘Chinese characteristics’
What makes Web3 compelling to many is its promise to shift power from centralized players to individual users, but China is doing the opposite, writes Lily King.
![Markets: Bitcoin, Ether up, Solana, Helium rise after merge announcement 38 Bitcoins sitting on a grey background. | Bitcoin, Ether rise, Matic leads losses](https://forkast.news/wp-content/uploads/2023/02/bitcoin44-1260x840.jpg)
Markets: Bitcoin, Ether up, Solana, Helium rise after merge announcement
Bitcoin and Ether rose in a mixed morning for the top 10 non-stablecoin cryptocurrencies. Solana posted the biggest gains while Polygon’s Matic led losses Tuesday morning in Asia.
![Philippine province taps blockchain technology, eyes tokenization 39 Bataan Governor Joet Garcia.](https://forkast.news/wp-content/uploads/2023/02/philippines2-1260x1664.png)
Philippine province taps blockchain technology, eyes tokenization
The Philippines’ Bataan province wants to streamline systems and procedures of government services through blockchain technology and tokenization, Bataan Governor Joet Garcia told Forkast.
![Bitcoin surpasses Visa’s market cap to be 11th largest asset in the world 40 Golden Bitcoin token](https://forkast.news/wp-content/uploads/2022/05/SydneyBitcoin2-1260x848.jpg)
Bitcoin surpasses Visa’s market cap to be 11th largest asset in the world
Bitcoin, the world’s first cryptocurrency, gained 15% in the past week to trade at US$24,885 and 7 p.m. in Hong Kong, surpassing payments giant Visa in market capitalization for the third time in history. See related article: Industry reacts: US cracks down on crypto, India calls for regulatory collaboration Fast facts See related article: Bitcoin […]
![Hong Kong begins public consultation on crypto licensing regime 41 Hong Kong begins public consultation on crypto licensing regime](https://forkast.news/wp-content/uploads/2022/10/微信截图_20221031115228-1260x715.png)
Hong Kong begins public consultation on crypto licensing regime
The Hong Kong Securities and Futures Commission is calling for public feedback on its new proposals to regulate the crypto industry set to take effect in June.
![Markets: Bitcoin rises above US$24,000; Solana gains most in top 10 cryptos 42 Bitcoin](https://forkast.news/wp-content/uploads/2023/02/bitcoin-10-1260x840.jpg)
Markets: Bitcoin rises above US$24,000; Solana gains most in top 10 cryptos
Bitcoin rose above US$24,000 in Monday afternoon trade in Asia while all other top 10 non-stablecoin cryptocurrencies were mixed. Ether gained 0.18%, while Solana strengthened the most across the top 10 cryptos.
![Trust in crypto is in shambles. How can we rebuild it? 43 wooden block that spells trust with crypto coins](https://forkast.news/wp-content/uploads/2023/02/Forkast-Opinion-Images-1-1260x710.png)
Trust in crypto is in shambles. How can we rebuild it?
Greater transparency and confidence in who you are transacting with could go a long way toward alleviating public mistrust, writes Travis Nelson of Quadrata.
![Former FTX executive Nishad Singh negotiating guilty plea on fraud charges: Bloomberg 44 FTX Founder Sam Bankman-Fried. | Former FTX executive Nishad Singh negotiating guilty plea on fraud charges: Bloomberg](https://forkast.news/wp-content/uploads/2023/02/SBF4-1260x840.jpg)
Former FTX executive Nishad Singh negotiating guilty plea on fraud charges: Bloomberg
Nishad Singh, a former executive at bankrupt Bahamas-based cryptocurrency exchange FTX.com, may be leaning towards pleading guilty to fraud charges for his involvement in the company’s last November
![Taiwan may mandate public servants to declare crypto holdings 45 Taipei city skyline. Image: Envato Elements](https://forkast.news/wp-content/uploads/2023/02/taipei.jpg)
Taiwan may mandate public servants to declare crypto holdings
Taiwan’s Ministry of Justice said on Wednesday that it may be adding cryptocurrencies to the list of properties for public servants to declare.
![Markets: Bitcoin dips below US$24,000 to start the trading week in Asia 46 Bitcoin and U.S. currency](https://forkast.news/wp-content/uploads/2023/02/Bitcoinmoney-3-1260x840.jpg)
Markets: Bitcoin dips below US$24,000 to start the trading week in Asia
Bitcoin fell below US$24,000 in a mixed morning for the top 10 non-stablecoin cryptocurrencies by market capitalization on Monday in Asia.
![How tokenizing real estate can turn the ‘rules’ on their head – by mastering them first 47 How tokenizing real estate can turn the ‘rules’ on their head – by mastering them first](https://forkast.news/wp-content/uploads/2023/02/How-tokenizing-real-estate-can-turn-the-‘rules-on-their-head-–-by-mastering-them-first-1260x840.jpg)
How tokenizing real estate can turn the ‘rules’ on their head – by mastering them first
The digital asset space is ripe for regulation, and tokenized real estate is no exception. But views differ when it comes to finding a framework that fits.
![Industry reacts: US cracks down on crypto, India calls for regulatory collaboration 48 Gary Gensler](https://forkast.news/wp-content/uploads/2022/09/gensler2-1260x809.jpg)
Industry reacts: US cracks down on crypto, India calls for regulatory collaboration
The cryptocurrency industry this week reacted to the recent moves by U.S. authorities against Kraken and Paxos. Meanwhile, India has been calling for a collaborative approach to crypto regulations.
![Weekly Market Wrap: Bitcoin rises above US$23,000 after its first weekly ‘death cross’ 49 Technical chart on the left and golden Bitcoins on the right](https://forkast.news/wp-content/uploads/2022/05/may103-1260x709.jpg)
Weekly Market Wrap: Bitcoin rises above US$23,000 after its first weekly ‘death cross’
Bitcoin briefly climbed above US$25,000 for the first time since August 2021, before declining to US$23,764 after its first weekly “death cross.” Investors liquidated over US$70 million worth of Bitcoin short positions in the past 24 hours, according to data aggregator GlassNode, contributing to BTC’s rally.
![Japan to launch digital yen pilot programme in April 50 Japan’s government approves policy to drive Web 3.0 adoption](https://forkast.news/wp-content/uploads/2022/06/japan-1-1260x884.png)
Japan to launch digital yen pilot programme in April
Japan will start a pilot programme to test the use of a digital yen in April, joining a growing number of countries seeking to launch their own CBDCs.
![Judge says Bankman-Fried could 'conceivably' have bail revoked: CNN 51 FTX founder Sam Bankman-Fried | FTX founder Sam Bankman-Fried | sam bankman fried news, bahamas, ftx](https://forkast.news/wp-content/uploads/2022/12/grumpy-looking-sbf-getty-1-1260x840.jpg)
Judge says Bankman-Fried could ‘conceivably’ have bail revoked: CNN
There might be “probable cause” to believe that Sam Bankman-Fried engaged in witness tampering and other activities that could revoke his bail, says judge.
![Markets: Bitcoin, Ether fall along with most top 10 cryptos following hawkish U.S. Fed remarks 52 Bitcoin coins on keyboard computer with trading exchange graph](https://forkast.news/wp-content/uploads/2023/01/bitcoin-1-1260x840.jpg)
Markets: Bitcoin, Ether fall along with most top 10 cryptos following hawkish U.S. Fed remarks
Bitcoin and Ether fell during Asian trading hours on Friday, following hawkish remarks from U.S. Federal Reserve officials on more upcoming interest rate hikes.
![Weekly NFT sales spike after Blur's Valentines airdrop 53 Blur logo](https://forkast.news/wp-content/uploads/2023/02/Blur-1260x626.jpg)
Weekly NFT sales spike after Blur’s Valentines airdrop
Blur.io, the NFT marketplace that beat OpenSea’s trading volume in the past month, airdropped its platform tokens on Valentine’s Day, contributing to the global NFT sales increase this week.
![Tencent confirms ‘personnel reshuffle’ at metaverse unit, denies team being disbanded 54 Tencent building | Tencent says “personnel reshuffle” underway at Metaverse unit, denies job cuts | Tencent, Metaverse, China, Virtual Reality (VR), Augmented Reality (AR)](https://forkast.news/wp-content/uploads/2022/08/tencent-1260x824.jpg)
Tencent confirms ‘personnel reshuffle’ at metaverse unit, denies team being disbanded
China technology giant Tencent said its reshuffling staff in its metaverse unit, but denied it was being disbanded, as reported by local media.
![Wemade’s WEMIX token surges after relisting on South Korea’s Coinone exchange 55 Wemix graphic | Wemade’s WEMIX token surges after relisting on South Korea’s Coinone exchange | wemix, wemade, coinone, south korea](https://forkast.news/wp-content/uploads/2023/02/wemix-1260x945.png)
Wemade’s WEMIX token surges after relisting on South Korea’s Coinone exchange
South Korean blockchain game developer Wemade’s WEMIX token surged after it was relisted on local crypto exchange Coinone on Thursday.
![Do Kwon, founder of collapsed Terra stablecoin, charged with fraud by U.S. securities regulator 56 Do Kwon, metal handcuffs and SEC logo| Do Kwon, founder of collapsed Terra stablecoin, charged with fraud by U.S. securities regulator](https://forkast.news/wp-content/uploads/2023/02/nsec-1260x945.png)
Do Kwon, founder of collapsed Terra stablecoin, charged with fraud by U.S. securities regulator
The U.S. SEC charged Singapore-based Terraform Labs and its chief Kwon Do-hyung for defrauding investors.
![Why gaming’s next frontier is owning your in-game assets 57 online gaming](https://forkast.news/wp-content/uploads/2023/02/Forkast-Opinion-Images-2-1260x710.png)
Why gaming’s next frontier is owning your in-game assets
Many gamers still oppose NFTs and blockchain gaming, overlooking the myriad benefits of the latest technology, writes Ramona Ciocea of Protokol.
![Markets: Bitcoin slips back below US$24,000 as inflation worries resurface in U.S., equities slide 58 Cryptocurrency golden bitcoin image for crypto currency | Markets: Bitcoin slips back below US$24,000 as inflation worries resurface in U.S., equities slide | crypto news, bitcoin news, crypto price today](https://forkast.news/wp-content/uploads/2023/02/cryptocurrency-golden-bitcoin-image-for-crypto-cur-2021-10-21-04-34-28-utc-1260x840.jpg)
Markets: Bitcoin slips back below US$24,000 as inflation worries resurface in U.S., equities slide
Bitcoin and Ether fell Friday morning in Asia, curtailing a strong run up in the week, after the U.S. January PPI rose much faster than expected.
![Binance expects to pay penalties to settle U.S. probes: Wall Street Journal 59 Binance expects to pay penalties to settle U.S. probes: Wall Street Journal](https://forkast.news/wp-content/uploads/2023/02/Binance-Hillman-1260x709.png)
Binance expects to pay penalties to settle U.S. probes: Wall Street Journal
Binance expects to pay to settle U.S. authorities’ investigations into its business and past crypto offerings, according to its chief strategy officer.
![Markets: Bitcoin rallies over 11% as top 10 cryptos gain, memecoin Floki surges 82% 60 Elon Musk next to his dog Floki](https://forkast.news/wp-content/uploads/2021/06/Elon-floki.png)
Markets: Bitcoin rallies over 11% as top 10 cryptos gain, memecoin Floki surges 82%
Bitcoin posted the biggest gains during Asian trading hours on Thursday, along with increases in the rest of the top 10 non-stablecoin cryptocurrencies
![El Salvador to establish 'Bitcoin Embassy' in Texas to promote adoption of digital assets 61 El Slavador President Nayib Bukele. | El Salvador to establish “Bitcoin Embassy” in Texas to promote adoption of digital assets](https://forkast.news/wp-content/uploads/2023/02/bukele-1260x840.jpg)
El Salvador to establish ‘Bitcoin Embassy’ in Texas to promote adoption of digital assets
El Salvador, the first country in the world to make Bitcoin legal tender, is planning on opening a “Bitcoin embassy” in Texas.
![Japan’s Square Enix to launch Web3 game on Polygon blockchain, cites ‘sustainability’ benefits 62 Square Enix logo and metaverse background | Japan’s Square Enix to launch Web3 game on Polygon blockchain, cites ‘sustainability’ benefits | japan web3 blockchain metaverse nft](https://forkast.news/wp-content/uploads/2023/02/se-1260x945.png)
Japan’s Square Enix to launch Web3 game on Polygon blockchain, cites ‘sustainability’ benefits
Square Enix announced Wednesday that it will launch its first Web3 game Symbiogenesis on the Polygon blockchain.
![Sam Bankman-Fried’s bail backers revealed as former Stanford dean, research scientist 63 FTX founder Sam Bankman-Fried. Image: Getty Images](https://forkast.news/wp-content/uploads/2023/02/GettyImages-1245786421.jpg)
Sam Bankman-Fried’s bail backers revealed as former Stanford dean, research scientist
Academics from Stanford Law School and Stanford University are the previously two unknown individuals who signed bonds that allowed the release of FTX crypto exchange founder Sam Bankman-Fried from prison on bail, according to court filings released Wednesday.
![Go ahead and ban staking. Crypto investors will just go elsewhere 64 gold and silver bitcoins; crypto chart](https://forkast.news/wp-content/uploads/2023/02/Forkast-Opinion-Images-6-1260x710.png)
Go ahead and ban staking. Crypto investors will just go elsewhere
The SEC’s latest heavy-handed approach toward crypto will leave investors less protected while benefitting dodgy offshore companies, writes Danny Talwar of Koinly.
![Markets: Bitcoin breaches US$24,000 to highest price since August as short sellers liquidated 65 Piles of Bitcoins. | Bitcoin breaches US$24,000 to reach highest price since August amid short position liquidation](https://forkast.news/wp-content/uploads/2023/02/Bitcoin-9-1260x841.jpg)
Markets: Bitcoin breaches US$24,000 to highest price since August as short sellers liquidated
Bitcoin broke through the US$24,000 price ceiling for the first time in two weeks to reach its highest price since mid-August in Thursday morning trading in Asia, as investors liquidated almost US$70 million of mostly short-position bets.
![Web3 isn’t just about money, it’s about equality and transparency, says Mysten Labs co-founder 66 Portrait of Evan Cheng, the co-founder of Mysten Labs | Web3 isn’t just about money, it’s about equality and transparency, says Mysten Labs co-founder](https://forkast.news/wp-content/uploads/2023/02/mysten-1260x945.png)
Web3 isn’t just about money, it’s about equality and transparency, says Mysten Labs co-founder
Investors may view Web3 through the lens of financial opportunities and revenue, but that misses the point of trying to build a fairer and more transparent infrastructure, with content creators at the forefront, says Mysten Labs co-founder Evan Cheng
![EU begins regulatory sandbox for blockchain technology 67 EU begins blockchain regulatory sandbox for DLT development](https://forkast.news/wp-content/uploads/2023/02/Screenshot-2023-02-15-144044-1260x709.jpg)
EU begins regulatory sandbox for blockchain technology
The European Commission (EC), has started a regulatory sandbox to test use cases of blockchain technologies and provide legal clarity for the industry.
![Conflux Network, China Telecom to build blockchain-enabled SIM cards 68 Conflux Network (Shanghai Tree-Graph Blockchain Research Institute) is officially collaborating with China Telecom (the second-largest wireless carrier in China) to develop a sim card integrated with Blockchain technology called BSIM.](https://forkast.news/wp-content/uploads/2023/02/Screenshot-2023-02-15-133948-1260x709.jpg)
Conflux Network, China Telecom to build blockchain-enabled SIM cards
Blockchain protocol Conflux Network and China’s second-largest wireless carrier China Telecom have partnered to build a “blockchain-enabled SIM card” (BSIM).
![Sam Bankman-Fried banned from using VPNs while on bail: Bloomberg 69 NEW YORK, NEW YORK - JUNE 23: Sam Bankman-Fried speaks onstage during the first annual Moonlight Gala benefitting CARE - Children With Special Needs - hosted by Michael Cayre, Roy Nachum and MegaMoon Museum at Casa Cipriani on June 23, 2022 in New York City. (Photo by Craig Barritt/Getty Images for CARE For Special Children )](https://forkast.news/wp-content/uploads/2022/10/GettyImages-1241501470-1260x709.jpg)
Sam Bankman-Fried banned from using VPNs while on bail: Bloomberg
Sam Bankman-Fried, the co-founder of the now-bankrupt FTX exchange, has been banned from using virtual private networks (VPNs) while out on bail, as the judge cited similar concerns to the co-founder’s use of encrypted messaging apps, Bloomberg reported on Tuesday. See related article: Bankrupt FTX threatens legal action to claw back donations to politicians, charities […]
![Paxos ordered to stop minting Binance stablecoin as SEC mulls legal action 70 Paxos ordered to stop minting stablecoin as SEC ponders lawsuit](https://forkast.news/wp-content/uploads/2023/02/TCF-1260x710.png)
Paxos ordered to stop minting Binance stablecoin as SEC mulls legal action
Top blockchain and crypto news: Paxos halts BUSD issuance. Kraken faces disclosure charges. Beijing backs new blockchain research center.
![Markets: Bitcoin, Ether extend gains; Cardano rises most among top 10 cryptos 71 Stack of golden bitcoins](https://forkast.news/wp-content/uploads/2023/02/Bitcoin-8-1260x841.jpg)
Markets: Bitcoin, Ether extend gains; Cardano rises most among top 10 cryptos
Bitcoin and Ether prices strengthened in Wednesday afternoon trade, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Cardano led gains at 6.91%, followed by Dogecoin at 5.21%, though prices of top 10 tokens remain subdued on the week.
![Chinese NFT marketplace Jingtan eases asset transfer restrictions 72 Jingtan logo and blocks with lock sign | Chinese NFT marketplace Jingtan eases asset transfer restrictions | China, NFT - Non-Fungible Token, Ant Group](https://forkast.news/wp-content/uploads/2023/02/featured-image-11-1260x868.jpg)
Chinese NFT marketplace Jingtan eases asset transfer restrictions
Jingtan, one of China’s major NFT marketplace, has relaxed its rules on NFT transfer between users.