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Bitcoin coin with Christmas holiday season decoration, coin stac

Markets: Bitcoin, Ether little changed; Dogecoin falls

Bitcoin and Ether changed little on Monday morning, along with nearly all other non-stablecoin top 10 cryptocurrencies by market capitalization.
Brian Laverdure in the center of the shot, smiling at the camera

No change in community banks’ view of crypto after FTX’s collapse, says ICBA’s Brian Laverdure

ICBA vice-president Brian Laverdure believes that community banks are unfazed by FTX’s collapse, but remain split on cryptocurrencies.
Handcuffs and bitcoins, on a wooden surface

Hong Kong arrests two for suspected involvement in digital asset fraud on AAX

Hong Kong’s commercial crime investigation bureau on Friday arrested two local men for suspected involvement in digital asset fraud on Atom Asset Exchange (AAX)
Golden dogecoin coin. Cryptocurrency dogecoin. Doge cryptocurrency and computer keyboard.

Markets: Bitcoin slips, Ether inches up; Dogecoin leads rebound in top 10 cryptos

Bitcoin slipped and Ether inched up in Asian trading on Friday afternoon, with Dogecoin leading gains across the top 10 non-stablecoin cryptocurrencies by market capitalization.
Bail Hearing Held For FTX Founder Sam Bankman-Fried

FTX asks court to keep US$450 mln Robinhood shares frozen

Failed cryptocurrency exchange FTX Trading Ltd. has asked a bankruptcy court to keep US$450 million worth of Robinhood shares frozen, as three parties battle for the true ownership of the assets. 
Rajagopal Menon

The last 12 months the year to forget, says India’s WazirX crypto exchange  

A lot of the troubles for India exchanges in 2022 will run into next year as they shed staff and run down reserves to stay afloat, and not all are expected to make it.
NEW YORK, NY - DECEMBER 22: FTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his arraignment and bail hearings on December 22, 2022 in New York City. Bankman-Fried, who was indicted on December 9th and arrested 3 days later by Bahamas law enforcement at the request of U.S. prosecutors, consented to extradition to the U.S. where he is facing eight criminal counts of fraud, conspiracy and money-laundering offenses which includes making illegal political contributions. He is potentially facing life in prison if convicted. He was released on $250 million bond with the bail package requiring him to stay with his parents in California. (Photo by David Dee Delgado/Getty Images)

Sam Bankman-Fried home for Christmas after making US$250 million bail in U.S.

Bankman-Fried won an upgrade from his Bahamas prison cell after posting bail following his extradition to the U.S. on Wednesday, where he faces charges for what prosecutors called “fraud of epic proportions.”
Golden dogecoin coin. Cryptocurrency dogecoin. Doge cryptocurrency and computer keyboard.

Markets: Bitcoin, Ether prices edge up; Dogecoin rebounds after heavy losses

Bitcoin and Ether traded higher Friday morning in Asia, along with nearly all other non-stablecoin top 10 cryptocurrencies. Dogecoin led the gains with a rise of nearly 4.5%, followed by Cardano and XRP. BNB edged lower.
U.S. Senator Pat Toomey.

Retiring U.S. Senator Pat Toomey introduces bill for regulating stablecoins

U.S. Republican Senator Pat Toomey introduced a bill on Wednesday to set regulations for stablecoins and to further “sensible” regulation of cryptocurrency.
Ripple Vs SEC Images

SEC, Ripple get extensions to exclude expert testimony in XRP lawsuit

The federal judge in the ongoing lawsuit between the SEC and Ripple has granted a joint motion from all parties to extend the deadline for the Daubert Motions that would exclude certain expert testimonies.
British Columbia suspends new electricity connections for crypto miners | Bitcoin industry hardware. Cryptocurrency mining | british columbia, canada crypto mining

British Columbia suspends new electricity connections for crypto miners

British Columbia has paused new electricity connection requests from crypto miners for 18 months to support the province’s climate action.
Gary Wang and Caroline Ellison

U.S. authorities say two FTX, Alameda executives have pleaded guilty to fraud

Caroline Ellison and Gary Wang, two integral members of the Sam Bankman-Fried now collapsed cryptocurrency businesses, are cooperating with prosecutors.
core scientific

Bankrupt miner Core Scientific may sell facilities under development: report

Core Scientific said it may sell some of its mining facilities under development that could be worth up to a gigawatt of power after it filed for bankruptcy protection.
RBI Governor Shaktikanta Das

Ban crypto or brace for the next financial crisis, RBI governor warns

The next financial crisis will come from “private cryptocurrencies” if they are not banned, RBI Governor Shaktikanta Das said at a banking and finance event on Wednesday.
web3 modern internet concept (left), man touching a blockchain on digital screen (right)

To unwrap Web3’s promises, we must break the barriers to blockchain adoption

Despite blockchain’s potential, barriers to use still stand in the way, writes Andrew Vranjes of Blockdaemon. Solving security issues and reducing risk will be key.
Bitcoins sitting on a table. | Markets: Bitcoin, Ether continue slide; U.S. equities gain on consumer confidence boost.

Markets: Bitcoin, Ether continue slide; U.S. equities gain on consumer confidence boost

Bitcoin and Ether fell in Thursday morning trading in Asia, along with all other non-stablecoin top 10 cryptocurrencies. Polkadot led losses with a drop of more than 2%, with Cardano and BNB following close behind.
Bitcoin and crypto mining farm. Big data center.

U.S. crypto miner Core Scientific files for Chapter 11 bankruptcy, continues to mine Bitcoin

Core Scientific, one of the largest publicly traded crypto mining firms in the U.S., filed for Chapter 11 bankruptcy protection in the state of Texas on Wednesday.
US bill set to demand know-your-customer from crypto companies

US bill set to demand know-your-customer from crypto companies

Top blockchain and crypto news: US senators push for crypto KYC. SBF faces the music in US courts. Alibaba Cloud to launch blockchain node.
dogecoin

Markets: Bitcoin, Ether inch up; Dogecoin remains biggest loser in top 10 cryptos

Bitcoin and Ether gained in Asian trading on Wednesday afternoon, with Dogecoin continuing to lead declines across the top 10 non-stablecoin cryptocurrencies
ftx logo and office background | FTX says it has over US$1B in cash assets | sam bankman fried, ftx

FTX says it has over US$1B in cash assets

The new restructuring team of FTX has reportedly located over US$1 billion in cash assets that are held in U.S. financial institutions.
and
Stacks of Bitcoin. | Retail-owned Bitcoin supply reaches all time high

Retail-owned Bitcoin supply reaches all-time high

The supply of Bitcoin owned by retail investors has reached an all-time high of around 17%, according to blockchain research firms Glassnode and IntoTheBlock.
BlockFi among those that foreclosed on Three Arrows Capital: Report

BlockFi asks U.S. bankruptcy court to unfreeze accounts for some of its users

BlockFi, an early victim of the financial contagion caused by the collapse of the FTX cryptocurrency exchange, said it wants to return assets locked up in its bankruptcy proceedings.
Stacks of Bitcoins. | Markets: Bitcoin rises, Ether gains on potential Visa integration, BNB rebound

Markets: Bitcoin rises, Ether gains on potential Visa integration, BNB rebounds

Bitcoin prices rose Wednesday morning in Asia amid a week of volatile price movements in end-of-year trading.
Greenidge mining facility

Bitcoin miner Greenidge strikes deal with NYDIG to restructure debt

Troubled U.S.-based Bitcoin mining firm Greenidge Generation Holdings Inc. has entered a debt restructuring agreement with NYDIG, a cryptocurrency service provider to which Greenidge owes US$74 million.
FTX founder Sam Bankman-Fried | FTX founder Sam Bankman-Fried | sam bankman fried news, bahamas, ftx

FTX founder Sam Bankman-Fried set to return to the U.S. on Wednesday

Sam Bankman-Fried, former CEO of FTX, has signed documents in the Bahamas for extradition and is scheduled to the U.S. on Wednesday.
lars

Regulatory issues ‘still challenging’ as CBDCs gain popularity globally, says German tech firm Giesecke+Devrient’s Chief Evangelist Lars Hupel

Central bank digital currencies (CBDC) development and interest are growing rapidly worldwide but regulatory issues remain a challenge, especially for cross-border CBDC transactions.  But German technology company Giesecke+Devrient (G+D) – winner of Best Technology Award in the Hong Kong Monetary Authority’s Global Fast Track CBDC 2022 competition during the city’s FinTech Week in November – […]
terra logo, frozen graphic | South Korea freezes US$93 mln in assets of former Terra-Luna associates | terra luna, terraform labs, do kwon, daniel shin

South Korea freezes US$93 mln in assets of former Terra-Luna associates

A S.Korean court has approved prosecutors’ request to freeze assets of US$93.3 million belonging to seven former associates of Terraform Labs.
Visa

Visa explores auto payments on Ethereum

Visa is researching ways to introduce recurring, automatic payments for self-custodial Ethereum wallets.
Golden dogecoin coin. Cryptocurrency dogecoin. Doge cryptocurrency. | Markets: Bitcoin, Ether prices fall; Dogecoin, Shiba Inu bull run continues; BNB gains | bitcoin, eth, dogecoin, shiba inu, bnb, xrp

Markets: Bitcoin, Ether gain; Dogecoin is biggest loser in top 10 cryptos

Bitcoin and Ether gained in Asian trading on Tuesday afternoon, with Dogecoin leading declines across the top 10 non-stablecoin cryptos
Voyager Digital

Bankrupt Voyager Digital says it accepted Binance bid for assets valued at US$1 billion

The deal will need approval in a court hearing on January 5 and also faces a vote by creditors under Voyager’s chapter 11 bankruptcy filing.
Busan skyscrapers and Gwangan Bridge, South Korea | S. Korea’s Busan city-backed crypto exchange moves ahead without global partners | south korea, binance, ftx, gate.io, crypto.com

S. Korea’s Busan city crypto exchange moves ahead without global partners

Busan announced the steering committee for its flagship exchange, but it didn’t include global partners earlier linked to the project.
Bitcoin and crypto mining farm. Big data center. High tech server computers at work.

Bitcoin mining difficulty rises 3.27% in latest adjustment

The latest Bitcoin mining difficulty level rose 3.27%, as miners continue to face cash shortages due to low Bitcoin prices and high energy costs.
Forkast Opinion Images 7

What the FTX collapse means for the future of crypto

Centralized exchanges releasing ‘proof of reserves’ is not enough to win back users, while improving user experience will be key, writes Holger Arians of Banxa.
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 extradition in doubt after confused court hearing in Bahamas

FTX founder Sam Bankman-Fried appeared in court in the Bahamas, but did not agree to be extradited to the U.S. 
Pile of Bitcoins sitting on a black desk. | Markets: Bitcoin, Ether fall; Dogecoin drops after poll says Musk should quit as Twitter boss

Markets: Bitcoin, Ether fall; Dogecoin drops after poll says Musk should quit as Twitter boss

Bitcoin and Ether prices fell in Tuesday morning trading in Asia as concern about the stability of crypto exchanges and a possible global recession continued to weigh on markets.
tokocrypto e1671456509811

Binance acquires Indonesian crypto exchange Tokocrypto

Binance, the world’s largest cryptocurrency exchange, has acquired Indonesia-based crypto exchange Tokocrypto, according to a CNBC report
coindcx

India’s CoinDCX publishes full proof of reserves

Cryptocurrency exchange CoinDCX, India’s first crypto unicorn, published its complete proof of reserves (PoR) on Monday detailing its USDT liabilities and reserves.
Golden BTC Bitcoin and XRP Ripple Coins

Markets: Bitcoin, Ether dip; XRP leads declines across top 10 cryptos

Bitcoin and Ether fell in Asian trading on Monday afternoon, with XRP leading declines across the top 10 non-stablecoin cryptocurrencies
some famous landmarks and travel destinations around the world with a Web 3.0 ahead road warning sign

How Web3 can make travel less stressful for future holidays

The travel sector has many pain points and is ripe for disruption, writes Freddie Hickman of Hyper SQ. Here’s what blockchain can do, from tracking baggage to letting you resell your no-longer-wanted air ticket.
Patrick Lee

Web 3.0 firms must ‘keep costs low,’ improve efficiency to navigate downturns, says Rotten Tomatoes cofounder

Patrick Lee, who cofounded Rotten Tomatoes and PKO Investments, says the US$35 million investment company has slowed Web 3.0 investments significantly.
South Korea's Gyeongbok palance and Vietnam flag | South Korea’s ‘metaverse’ province says will use virtual platform to expand ties with Vietnam | south korea, metaverse, vietnam, metaverse news

South Korea’s ‘metaverse’ province says will use virtual platform to expand ties with Vietnam

South Korea’s Gyeongbuk Province plans to use the metaverse to expand economic and other relations with Vietnam.
Ripple Vs SEC Images

Ripple CEO’s attorney to resign as counsel on XRP lawsuit against SEC

Ripple CEO Bradley Garlinghouse’s attorney has applied to withdraw as his counsel in Ripple’s ongoing lawsuit against the SEC.
Mazars, BNB and bitcoin | Markets: Bitcoin, Ether little changed after weekend slump; Binance BNB token gains back some ground | bitcoin price today, crypto market, crypto prices, ether, bnb

Markets: Bitcoin, Ether little changed after weekend slump; Binance BNB token regains some ground

Bitcoin and Ether were little changed on Monday after a weekend slump amid worries about a global recession and the stability of crypto exchanges.
Binance logo with stacked golen coins in the background

Binance’s proof-of-reserves auditor suspends work for crypto firms

Mazars, the financial auditing firm behind Binance’s proof-of-reserves (PoR) audit, has suspended all work for crypto firms.
Akio Tanaka (left), cofounder and partner of Infinity Ventures Crypto; Patrick Lee, cofounder and managing partner of PKO Investments. Images: Tanaka's and Lee's LinkedIn pages

Venture capital firms slow Web 3.0 investments as investors turn cautious

Several venture funds tell Forkast they have become conservative and are only investing in ‘true believers’ of Web 3.0
Dogecoin, litecoin, etheteum and bitcoin, Markets: Dogecoin reenters top 10 tokens by market cap, Bitcoin and Ethereum up

Markets: Bitcoin, Ether weaken; Litecoin leads declines across top 10 cryptos

Bitcoin and Ether fell in Asian trading on Friday afternoon, with Litecoin leading declines across the top 10 non-stablecoin cryptos
FTX logo, with a frozen mountain in the background

FTX seeks permission to sell Japan, Europe entities and LedgerX

Attorneys representing FTX are requesting permission from the U.S. bankruptcy court to sell four of the company’s branches: FTX Japan, FTX Europe, Embed, and LedgerX.
Safe as houses How tokenizing real estate offers a new approach to bricks-and-mortar investment

Safe as houses? How tokenizing real estate offers a new approach to bricks-and-mortar investment

Putting property on-chain is a novel way of opening up opportunities for investors and landlords alike. The second article in Forkast’s three-part series on real estate tokenization explores what they stand to gain.
Hong Kong begins public consultation on crypto licensing regime

Hong Kong’s SFC appoints new chief who calls for stronger crypto regulation

Julia Leung, the next chief executive of Hong Kong’s Securities and Futures Commission (SFC) due to start her three-year term on Jan. 1, called for stricter crypto regulation when speaking at the city’s Fintech Week last month.
Sam Bankman-Fried, former chief of FTX. Image: FTX

US lawyers, Bahamas liquidators trade barbs over who rules FTX bankruptcy jurisdiction

Sam Bankman-Fried has reportedly made a second application for bail in the Bahamas – this as lawyers feud over control of the FTX bankruptcy, raising concern the sour grapes may seep into efforts to have Bankman-Fried extradited to face fraud charges in the U.S.
hong kong skyline

Hong Kong Stock Exchange debuts ‘Asia’s first’ crypto futures ETFs

Hong Kong launched two exchange-traded funds (ETFs) tracking cryptocurrency futures on Friday, the first of their kind in Asia, the local exchange said.
Japan's Liberal Democratic Party logo, Tokyo skyline | Japan’s ruling party plans to ease corporate tax rates for cryptocurrency issuers | japan, japan crypto tax, japan corporate crypto tax, fumio kishida

Japan plans to ease corporate tax rates for cryptocurrency issuers

Japan’s ruling party approved a proposal that exempts companies issuing crypto from taxes on unrealized gains on retained tokens.
bitcoin crypto currency diagram | Markets: Bitcoin, Ether fall with equities as concerns about recession knock Wall Street lower | crypto price today, bitcoin price, ether price

Markets: Bitcoin, Ether fall with equities as concerns about recession knock Wall Street lower

Bitcoin and Ether prices fell Friday morning in Asia, along with most of the top 10 non-stablecoin crypto, as U.S. stocks had their biggest declines in weeks.
Yat Siu, cofounder and chairman of Animoca Brands.

Animoca founder says Asia is ‘moving on’ from FTX fiasco

Asia’s cryptocurrency community is “on the path of moving on” from the FTX fiasco, following the arrest of FTX founder Sam Bankman-Fried, said Yat Siu, cofounder and chairman of Hong Kong-based blockchain gaming studio and venture capital firm Animoca Brands.
Sellers of Solana NFTs outpace buyers in May, Solana logo over charts

Markets: Bitcoin, Ether fall; Solana rises as top 10 cryptos retreat

Bitcoin and Ether weakened in Asian trading on Thursday afternoon, with Solana rising amid drops across other top 10 non-stablecoin cryptocurrencies
Kevin O’Leary, chairman of venture capital firm O’Leary Ventures and star of TV’s Shark Tank. | Binance “deliberately” caused FTX collapse, Kevin O’Leary claims

Binance “deliberately” caused FTX collapse, Kevin O’Leary claims

Kevin O’Leary Kevin O’Leary, chairman of venture capital firm O’Leary Ventures and star of TV’s Shark Tank, said in a congressional hearing on Wednesday that Binance Global Inc.’s chief executive and founder Changpeng Zhao deliberately caused the collapse of Bahamas-based cryptocurrency exchange FTX.com. 
FTX Logo, with two people talking face to face in the background

FTX Bahamas Co-CEO warned authorities on Nov. 9 of illegal customer asset transfers, documents show

Ryan Salame, the former co-CEO of FTX’s Bahamian entity tipped off the Securities Commission of the Bahamas about FTX violating its internal procedures in transferring customer funds to Alameda Research.
tokyo lawmaker akihisa shiozaki and tokyo tower | ftx japan, japan crypto regulation, ftt

Japan ruling party lawmaker calls for regulatory clarity after FTX debacle

A Japanese lawmaker called for more transparent regulations following the FTX meltdown, where investors were not warned of the risks with FTX Token.
A person walking by the PayPal logo. | MetaMask partners with PayPal for Ethereum purchases through wallet

MetaMask partners with PayPal for Ethereum purchases through wallet

ConsenSys Inc., the company behind leading crypto wallet MetaMask, announced on Thursday a new partnership with PayPal Holdings Inc.
shady man scalping a pair of concert tickets

Could NFTs have prevented Taylor Swift’s concert tickets debacle?

The trillion-dollar concert ticketing sector is plagued by scalping and other Web2-era problems, writes Ryan Kenny of SeatlabNFT. Here’s how blockchain can help fans and artists.
Senator Elizabeth Warren at the Senate Committee on Banking, Housing, and Urban Affairs in Washington DC, on Dec. 14, 2022

US Senator Elizabeth Warren submits crypto know-your-customer bill in wake of FTX collapse

As U.S. prosecutors line up charges against Sam Bankman-Fried, the founder of the collapsed FTX cryptocurrency exchange, Senator Elizabeth Warren is seeking to pass bipartisan regulation to rein in the “dark underbelly” of the crypto industry.
Stressed young woman open her empty wallet and calculating expenses at home

FTX collapse not the worst for crypto investors this year, says Chainalysis study

The bankruptcy of cryptocurrency exchange FTX doesn’t represent the biggest losses for crypto investors in 2022, according to a report from Chainalysis.
Bitcoins and U.S. cash sitting on a table. | Markets: Bitcoin rebounds then retraces amid hawkish Fed comments, Solana gains

Markets: Bitcoin rebounds then retraces amid hawkish Fed comments, Solana gains

Bitcoin held onto gains in Thursday morning trading in Asia, though had pulled back from an earlier spike above US$18,000 as the U.S. Federal Reserve raised interest rates in line with expectations.
Haeundae in Busan | S. Korean city official refutes reports of Binance, FTX pulling out of Busan’s crypto exchange project | binance news, cz binance, changpeng zhao

South Korean official says no confirmation Binance pulling out of Busan city crypto exchange project

An official in the South Korean city of Busan said the authorities have received no confirmation that Binance has pulled out of a partnership to establish the country’s first city-backed crypto exchange, as reported by local media.
Sam Bankman-Fried in custody, faces criminal charges in US

Sam Bankman-Fried in Bahamas police custody, faces criminal charges in U.S.

Top blockchain and crypto news: SBF denied bail, US extradition likely next. The Block chief quits over secret FTX loans. Hong Kong readies digital asset rules.
Sellers of Solana NFTs outpace buyers in May, Solana logo over charts

Markets: Bitcoin, Ether strengthen; Solana leads gains in most top 10 cryptos

Bitcoin and Ether increased in Asian trading on Wednesday afternoon, with Solana leading gains across most top 10 non-stablecoin cryptocurrencies
do kwon in serbia | Terra fugitive Do Kwon has registered address in Serbia: S. Korean local media | do kwon news, do kwon serbia

Terra fugitive Do Kwon has registered address in Serbia: S. Korean local media

Interpol fugitive and chief of Terraform Labs Pte. Ltd. Kwon Do-hyung has registered his residential address in the Republic of Serbia.
John J. Ray III, Chief Executive Officer, FTX Group, at the Investigating the Collapse of FTX, Part I congressional hearing in Washington, DC, on Dec. 13.

FTX an ‘old-fashioned embezzlement’ says new CEO as US authorities charge Bankman-Fried with fraud

Members of a U.S. Congressional hearing expressed frustration about the timing of Bankman-Fried’s arrest, saying they wanted him to testify under oath so the public could get the answers they are seeking about the collapse of FTX.
wemix graphic | Wemade appeals against court’s ruling in favor of WEMIX delisting | wemix delisting, wemade news, wemix price, wemix news

Wemade appeals against the court ruling in favor of WEMIX delisting

Wemade Co. filed an immediate appeal against the court’s Dec. 7 decision that rejected the developer’s request to disallow four of the nation’s largest crypto exchanges from delisting its native cryptocurrency, WEMIX.
shopping cart with us dollar bills inside, golden bitcoin token | Markets: Bitcoin, Ether prices rise as November U.S. inflation reading lower than expected | bitcoin price today, ether price, crypto market today, us cpi, fed interest rate

Markets: Bitcoin, Ether prices rise as November U.S. inflation reading lower than expected

Bitcoin and Ether both rose more than 3% in Wednesday morning in Asia, as the U.S. consumer price index came in lower than expected.

Binance resumes USDC withdrawals amid record stablecoin outflows

Binance, the world’s largest cryptocurrency exchange, announced at 12:54 a.m. on Wednesday in Hong Kong that USDC stablecoin withdrawals have resumed.
hong kong 2021 08 26 18 13 04 utc

Crypto savings, staking products not protected in Hong Kong, finance regulator says

The Hong Kong SFC said that virtual asset investments offering high-interest returns on cryptocurrency deposits and those that guarantee additional assets at fixed rates are unregulated products that are not protected by law. 

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