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![CeFi must adopt DeFi’s transparency following FTX collapse, Justin Sun says 1 Tron founder Justin Sun | Debt, equity investment “on the table” for FTX rescue, Justin Sun says | justin sun, ftx, ftx tron, ftx news](https://forkast.news/wp-content/uploads/2022/11/FPFm6XpacAQvHVL-1260x840.jpeg)
CeFi must adopt DeFi’s transparency following FTX collapse, Justin Sun says
Justin Sun says CeFi must adopt DeFi’s transparency to regain public trust as 1inch Network cofounder Sergej Kunz sees crypto’s struggles as an opportunity for DeFi.
![Markets: Bitcoin, Ether rise; top 10 crypto mostly higher with Dogecoin leading gains 2 Dogecoin price prediction for 2022 set lower than February peak](https://forkast.news/wp-content/uploads/2022/02/kanchanara-sOp4OSP8Erc-unsplash-1260x838.jpg)
Markets: Bitcoin, Ether rise; top 10 crypto mostly higher with Dogecoin leading gains
Bitcoin and Ether rose in Asian trading on Tuesday afternoon. Top 10 non-stablecoin cryptocurrencies also mostly strengthened, led by gains in Dogecoin and Litecoin
![FTX to resume paying wages 3 Logo of FTX and mobile phone](https://forkast.news/wp-content/uploads/2022/11/Story-1-1-1260x709.png)
FTX to resume paying wages
FTX Trading and its affiliates will resume paying wages to employees globally and to some non-U.S. contractors and service providers
![BlockFi files for bankruptcy protection, set to sue Sam Bankman-Fried over collateral 4 blockfi logo and thunderstorm | BlockFi files for bankruptcy protection, set to sue Sam Bankman-Fried over collateral | blockfi, sam bankman fried, changpeng zhao, ftx, binance](https://forkast.news/wp-content/uploads/2022/11/blockfistorm-1260x945.png)
BlockFi files for bankruptcy protection, set to sue Sam Bankman-Fried over collateral
The cryptocurrency lender was hit by the earthquake set off across the industry by the collapse and bankruptcy of the FTX crypto exchange this month, and other companies are looking vulnerable.
![ECB’s Christine Lagarde: Further crypto regulation ‘absolute necessity’ following FTX collapse 5 European Central Bank President Christine Legarde. | ECB’s Christine Lagarde: Further crypto regulation is ‘absolute necessity’](https://forkast.news/wp-content/uploads/2022/11/Christinelegard2-1260x840.jpg)
ECB’s Christine Lagarde: Further crypto regulation ‘absolute necessity’ following FTX collapse
Christine Lagarde of the European Central Bank said regulating cryptocurrency in the EU is an “absolute necessity” following the collapse of Bahamas-based exchange FTX.com.
![Kraken pays over US$360K to US Treasury to settle Iran sanctions allegations 6 Kraken exchange logo on a smartphone screen](https://forkast.news/wp-content/uploads/2022/07/Kraken4-1260x670.png)
Kraken pays over US$360K to US Treasury to settle Iran sanctions allegations
U.S.-based cryptocurrency exchange Kraken has agreed to pay over US$362,000 to settle claims that it violated sanctions against Iran, the Treasury said Monday.
![Will the future metaverse amplify the good or the evils of the real world? 7 People in Metaverse social networks wearing VR glasses](https://forkast.news/wp-content/uploads/2022/11/Forkast-Opinion-Images-4-1260x710.png)
Will the future metaverse amplify the good or the evils of the real world?
The metaverse has the potential to improve access to opportunities and create a better version of the offline world. How do we prevent it from perpetuating society’s ills?
![U.S. cryptocurrency lender BlockFi files for Chapter 11 bankruptcy, will lay off about 200 staff 8 blockfi logo | U.S. cryptocurrency lender BlockFi files for Chapter 11 bankruptcy, will lay off about 200 staff | blockfi, ftx, sam bankman fried](https://forkast.news/wp-content/uploads/2022/11/blockfiii-1260x945.png)
U.S. cryptocurrency lender BlockFi files for Chapter 11 bankruptcy, will lay off about 200 staff
Crypto lender BlockFi Inc. and eight of its affiliates have filed for Chapter 11 bankruptcy reorganization in the U.S.
![Markets: Top 10 crypto fall as BlockFi enters bankruptcy, macroeconomic concerns spread 9 Bitcoins sitting ontop of a pile of U.S. bills. | Markets: Top 10 crypto fall as Blockfi enters bankruptcy, macroeconomic concerns spread](https://forkast.news/wp-content/uploads/2022/11/Bitdollar-3-1260x840.jpg)
Markets: Top 10 crypto fall as BlockFi enters bankruptcy, macroeconomic concerns spread
Bitcoin and Ether fell in Tuesday morning trading in Asia as U.S.-based crypto lender Blockfi filed for bankruptcy overnight in what is seen as another casualty of the collapse of the FTX exchange this month.
![LINE’s crypto exchange BITFRONT announces closure, to suspend trading by 2023 10 BIFRONT Closure notice | LINE’s crypto exchange BITFRONT announces closure, to suspend trading by 2023 | line blockchain, bitfront, softbank, naver, z holdings](https://forkast.news/wp-content/uploads/2022/11/bitfront-1260x945.png)
LINE’s crypto exchange BITFRONT announces closure, to suspend trading by 2023
LINE’s cryptocurrency exchange based in the U.S., BITFRONT, has announced closure on Monday to shift its focus to developing LINE’s blockchain ecosystem.
![Blockchain is transforming capital markets, and Singapore is leading the way: Opinion 11 digital financial trading chart with the word blockchain on tiles](https://forkast.news/wp-content/uploads/2022/11/Forkast-Opinion-Images-12-1260x710.png)
Blockchain is transforming capital markets, and Singapore is leading the way: Opinion
Asset tokenization and DeFi hold tremendous potential for the finance sector, writes Han Kwee Juan of DBS Bank. Here’s how the Singaporean government is at the forefront of change.
![U.S., S. Korea applied for over 75% of world’s metaverse patents: report 12 illustration of virtual world/metaverse | U.S., S. Korea applied for over 75% of world’s metaverse patents: report | metaverse, vr, ar](https://forkast.news/wp-content/uploads/2022/11/fantasy-virtual-world-cyber-space-metaverse-city-r-2022-08-01-04-22-24-utc-1260x840.jpg)
U.S., S. Korea applied for over 75% of world’s metaverse patents: report
Companies based in the U.S. and South Korea have filed for more than 75% of patent applications related to the metaverse, VR and AR.
![NFT images of anti-lockdown protests in China flood OpenSea 13 opensea 1](https://forkast.news/wp-content/uploads/2022/11/opensea-1-1260x640.png)
NFT images of anti-lockdown protests in China flood OpenSea
Pictures taken from protests against China’s zero-Covid policy across the mainland are now for sale on OpenSea, the largest NFT marketplace, as non-fungible tokens (NFT). See related article: ‘Voice of April’ NFTs highlight Shanghai struggles amid lockdown Fast facts See related article: Bitcoin price follows slide in Asia equity markets amid growing China protests against […]
![Nigeria seeks distinction between digital assets and crypto 14 Nigeria to become the first African country to launch a CBDC](https://forkast.news/wp-content/uploads/2021/10/241525414_106933291728753_135301707319854285_n-1260x590.jpeg)
Nigeria seeks distinction between digital assets and crypto
Nigeria seeks to advance digital asset trading in the country but is drawing a distinction between digital assets and cryptocurrencies.
![Terra-Luna cofounder Daniel Shin may face fraud charges in South Korea, prosecutors say 15 Terraform Labs cofounders Daniel Shin (left) and Do Kwon (right) | Terra-Luna cofounder Daniel Shin may face fraud charges in South Korea, prosecutors say | daniel shin, do kwon, terraform labs](https://forkast.news/wp-content/uploads/2022/11/shin-do-kwon-1260x945-2.png)
Terra-Luna cofounder Daniel Shin may face fraud charges in South Korea, prosecutors say
South Korean prosecutors may charge Terraform Labs cofounder Daniel Shin with fraud for promoting the Terra stablecoin as a payment method despite multiple warnings from financial regulators that it was against the law.
![Changpeng Zhao says Binance has ‘no negative balances involved’ in proof of reserves 16 Binance founder and CEO Changpeng Zhao. Image: Binance/Youtube](https://forkast.news/wp-content/uploads/2022/11/CZ-1-1260x624.jpg)
Changpeng Zhao says Binance has ‘no negative balances involved’ in proof of reserves
Changpeng Zhao tweeted that Binance’s proof of reserves have “absolutely no negative balances involved” after the exchange released its PoR on Friday.
![Bitcoin price follows slide in Asia equity markets amid growing China protests against Covid-19 lockdowns 17 Bitcoin price follows slide in Asia equity markets amid growing China protests against Covid-19 lockdowns](https://forkast.news/wp-content/uploads/2022/11/China-protests.jpg)
Bitcoin price follows slide in Asia equity markets amid growing China protests against Covid-19 lockdowns
Reports of civil disobedience, protests and clashes with the police in cities and universities in China are unnerving financial markets in Asia
![<strong>Australian fintech firm launches new AUD stablecoin, AUDE 18 Australian bank notes](https://forkast.news/wp-content/uploads/2022/11/AUD-1260x840.jpg)
Australian fintech firm launches new AUD stablecoin, AUDE
Australian blockchain fintech startup Ettle Pty Ltd. has completed the first transaction on its recently launched Australian dollar-pegged stablecoin, AUDE.
![Markets: Bitcoin little changed, Dogecoin leads pack in muted morning of trading 19 A number of Bitcoins laying on a table. | Markets: Bitcoin little changed, Dogecoin leads pack in muted morning of trading](https://forkast.news/wp-content/uploads/2022/11/Bitcoin11-1260x664.jpg)
Markets: Bitcoin little changed, Dogecoin leads pack in muted morning of trading
Bitcoin was little changed in Monday morning trading amid mixed results from the other top 10 non-stablecoin cryptocurrencies following a relatively muted few days of trading over the Thanksgiving weekend in the U.S.
![Singapore’s Matrixport eyes US$100 mln fundraiser at US$1.5 bln valuation 20 fundraising](https://forkast.news/wp-content/uploads/2022/11/matrixport-1260x842.jpg)
Singapore’s Matrixport eyes US$100 mln fundraiser at US$1.5 bln valuation
Singapore-based crypto lender Matrixport is hoping to raise US$100 million at a valuation of US$1.5 billion, according to a Bloomberg report citing unnamed sources.
![Binance releases proof of reserves 21 Binance](https://forkast.news/wp-content/uploads/2022/11/binance-3-1260x840.jpg)
Binance releases proof of reserves
The world’s largest cryptocurrency exchange Binance released its proof of reserves (PoR) on Friday to provide transparency on user funds.
![Sam Bankman-Fried could face decades in jail if convicted of law violations in FTX collapse, lawyers say 22 Sam Bankman-Fried, founder and former chief executive officer of cryptocurrency exchange FTX.](https://forkast.news/wp-content/uploads/2022/11/SBF-charges-1260x709.jpg)
Sam Bankman-Fried could face decades in jail if convicted of law violations in FTX collapse, lawyers say
The former CEO of the collapsed crypto exchange “needs to keep his mouth shut” and stop making public comments that could be used against him in future court cases, lawyers tell Forkast.
Markets: Bitcoin, Ether fall; Litecoin leads decline across most top 10 crypto
Bitcoin and Ether fell in Asian trading on Thursday afternoon, with Litecoin seeing the steepest drop in declines across most top 10 non-stablecoin cryptocurrencies ranked by market capitalization
![S.Korean Wemade’s stock falls 30% after exchanges announce WEMIX token delisting; CEO blames Upbit exchange 23 henry chang, wemade CEO | S.Korean Wemade’s stock fall 30% after announcing WEMIX token delisting; CEO blames Upbit exchange | wemade, henry chang, wemix, wemix token, mir4, wemix 3.0](https://forkast.news/wp-content/uploads/2022/11/henry-chang-wemade-1260x706.png)
S.Korean Wemade’s stock falls 30% after exchanges announce WEMIX token delisting; CEO blames Upbit exchange
The delisting poses a great obstacle to the game maker’s growing blockchain empire, while Wemade’s CEO blames the crypto exchange
![MetaMask says “we changed nothing” in response to criticism update collects more user data 24 Fox walking around in the grass. | Web3 wallet MetaMask responds to criticism that recent update collects users data: “we changed nothing”](https://forkast.news/wp-content/uploads/2022/11/FOX-1260x840.jpg)
MetaMask says “we changed nothing” in response to criticism update collects more user data
ConsenSys, which operates the popular cryptocurrency wallet MetaMask, said an update to the wallet has made no change to the data the platform collects from its users, only the wording had changed.
![Stablecoin project Ardana on Cardano halts operation 25 blockchain](https://forkast.news/wp-content/uploads/2022/11/blockchain-1260x735.jpg)
Stablecoin project Ardana on Cardano halts operation
Ardana, a stablecoin project being built on the Cardano blockchain, announced the project has been halted due to funding and uncertainty over its timeline.
![Singapore police say they are investigating crypto lender Hodlnaut on fraud allegations 26 screenshot of Hodlnaut's website](https://forkast.news/wp-content/uploads/2022/08/hodlnaut-1260x722.jpg)
Singapore police say they are investigating crypto lender Hodlnaut on fraud allegations
Singapore’s white-collar crime unit is investigating Hodlnaut on allegations of fraud, according to a statement on the website of the Singapore police dated Nov. 23.
![Binance says it will set up US$1 billion ‘recovery’ fund for distressed crypto businesses 27 Doctor inspecting piggy bank with stethoscope, economy recession due to global COVID-19 coronavirus world pandemic outbreak,financial hardship & uncertain future,health care,life savings & insurance](https://forkast.news/wp-content/uploads/2022/11/doctor-inspecting-piggy-bank-with-stethoscope-2022-06-17-02-33-46-utc-1-1260x709.jpg)
Binance says it will set up US$1 billion ‘recovery’ fund for distressed crypto businesses
Binance said it will establish a US$1 billion fund for its “Industry Recovery Initiative” to mitigate the damage from the collapse of the FTX exchange.
![Binance CEO Changpeng Zhao says he should have tweeted sooner about FTX woes 28 Changpeng CZ Zhao, CEO of crypto exchange Binance](https://forkast.news/wp-content/uploads/2021/07/Binance-2-1260x709.jpg)
Binance CEO Changpeng Zhao says he should have tweeted sooner about FTX woes
The chief executive officer of Binance, Changpeng Zhao, regrets sending ‘too late’ a tweet that contributed to the collapse of FTX.com.
![Markets: Bitcoin little changed, Ether rises ahead of ‘Shanghai’ upgrade, XRP climbs 29 close up of ethereum on a stack of bitcoin golden coins. | Markets: Bitcoin little changed, Ether rises ahead of ‘Shanghai’ upgrade, XRP climbs](https://forkast.news/wp-content/uploads/2022/11/AusETF-1260x840.jpg)
Markets: Bitcoin little changed, Ether rises ahead of ‘Shanghai’ upgrade, XRP climbs
Bitcoin traded little changed Friday morning in Asia, while Ether rose amid a mixed performance by the top 10 non-stablecoin cryptocurrencies by market capitalization.
![Crypto exchange Bybit establishes US$100 million fund to aid institutional clients 30 Bitcoincash 1](https://forkast.news/wp-content/uploads/2022/12/Bitcoincash-1-1260x840.jpg)
Crypto exchange Bybit establishes US$100 million fund to aid institutional clients
Crypto exchange Bybit has established a US$100 million fund to support its institutional clients
Russia plans launch of national crypto exchange
Russian lawmakers aim to launch a national cryptocurrency exchange, supported by the country’s Ministry of Finance and the Central Bank of Russia.
![India’s CoinDCX crypto exchange publishes proof of reserves 31 coindcx](https://forkast.news/wp-content/uploads/2022/11/coindcx-1260x840.jpg)
India’s CoinDCX crypto exchange publishes proof of reserves
Cryptocurrency exchange CoinDCX, India’s first crypto unicorn, published its proof of reserves on Thursday
![Markets: Bitcoin, Ether extend gains; Solana leads rise across most top 10 cryptos 32 Solana](https://forkast.news/wp-content/uploads/2022/05/Solana.png)
Markets: Bitcoin, Ether extend gains; Solana leads rise across most top 10 cryptos
Bitcoin and Ether increased in Asia trade on Thursday afternoon. The top 10 non-stablecoin cryptocurrencies by market capitalization also mostly rose, with Solana leading gains
![Fake crypto awards on the rise during football world cup: research 33 football fans](https://forkast.news/wp-content/uploads/2022/11/football2-1260x841.jpg)
Fake crypto awards on the rise during football world cup: research
Global cybersecurity firm Kaspersky has warned against fraudsters taking advantage of football fans during the ongoing FIFA World Cup Qatar 2022.
Hex Trust bags virtual asset license from Dubai
Digital asset custodian Hex Trust received the MVP license from Dubai’s Virtual Assets Regulatory Authority on Nov. 24.
![Question: How do financial rules work when rogue individuals run companies? Answer: Not very well. 34 Sam Bankman-Fried and Bernie Madoff.](https://forkast.news/wp-content/uploads/2022/11/Untitled-design-1260x709.jpg)
Question: How do financial rules work when rogue individuals run companies? Answer: Not very well.
Calls for tougher rules on cryptocurrency have been echoing ever louder through the offices of global financial regulators since the collapse of the FTX exchange. But the firm did not invent dodgy business practices, so what can regulators and the industry do?
![Digital Currency Group seeks to calm investors over Genesis loans: reports 35 Bitcointablet 2](https://forkast.news/wp-content/uploads/2022/11/Bitcointablet-2-1260x840.jpg)
Digital Currency Group seeks to calm investors over Genesis loans: reports
Barry Silbert of DCG disclosed his company owes a US$575 million loan and a US$1.1 billion promissory note to its subsidiary Genesis Global Capital.
![US senators call for holding FTX executives accountable to fullest extent of the law 36 Elizabeth Warren](https://forkast.news/wp-content/uploads/2021/07/FF_ElizabethWarren-1260x840.jpg)
US senators call for holding FTX executives accountable to fullest extent of the law
U.S. Senators Elizabeth Warren and Sheldon Whitehouse called for holding former FTX CEO “and any complicit FTX executives” to the fullest extent of the law.
![Chinese mafia forcing Filipinos to work for crypto scams, says Philippine Senator 37 Rescued pig-butchering human trafficking victims. Image: Senate Session No. 29, November 21, 2022](https://forkast.news/wp-content/uploads/2022/11/PigButchering-1.jpg)
Chinese mafia forcing Filipinos to work for crypto scams, says Philippine Senator
The organized crime gangs victimize both the trafficked and those that get scammed, according to the official
![Wallet linked to defunct crypto exchange BTC-e suddenly activates 38 Bitcoin cryptocurrency token on a dark background. | Wallet linked to defunct crypto exchange BTC-e activates](https://forkast.news/wp-content/uploads/2022/11/EUParliament3-1260x992.jpg)
Wallet linked to defunct crypto exchange BTC-e suddenly activates
A wallet address linked to defunct crypto exchange BTC-e sent its largest transaction since August 2017 on Wednesday.
![Disgraced FTX founder SBF to speak at New York Times Dealbook Summit despite controversy 39 Sam Bankman-Fried](https://forkast.news/wp-content/uploads/2022/11/sbf-tweet-1260x639.jpg)
Disgraced FTX founder SBF to speak at New York Times Dealbook Summit despite controversy
Sam Bankman-Fried will speak at a time when he’s reportedly facing investigations with FTX undergoing bankruptcy protection proceedings.
![The crash and burn of FTX: What lessons does it teach us? 40 dictionary macro of the word bankrupt and FTX notice](https://forkast.news/wp-content/uploads/2022/11/Forkast-Opinion-Images-13-1260x710.png)
The crash and burn of FTX: What lessons does it teach us?
As FTX victims and creditors sift through the pieces, how much of this blowup should regulators have seen coming — and could it happen again?
![Markets: Bitcoin, Ether rise as Fed minutes suggest an easing in interest rate hikes 41 Bitcoins sitting ontop of U.S. cash. | Markets: Bitcoin, crypto rise as Fed minutes suggest easing interest rate hikes](https://forkast.news/wp-content/uploads/2022/11/Bitdollar-1260x840.jpg)
Markets: Bitcoin, Ether rise as Fed minutes suggest an easing in interest rate hikes
Bitcoin and Ether were both trading up as the U.S. Federal Reserve released meeting minutes suggesting it is looking to slow the rate of interest rate rises.
![Japan's central bank to test digital yen with three megabanks: report 42 kyoto, japan](https://forkast.news/wp-content/uploads/2022/11/japan-1260x840.jpg)
Japan’s central bank to test digital yen with three megabanks: report
The Bank of Japan, the country’s central bank, will conduct experiments with three megabanks and regional banks on a digital yen, according to a report by Nikkei on Wednesday.
![Tornado Cash developer Alexey Pertsev to remain in jail until February 43 A monochrome image of Tornado Cash developer Alexey Persev layered with a Dutch flag](https://forkast.news/wp-content/uploads/2022/08/Tornado-Cash.png)
Tornado Cash developer Alexey Pertsev to remain in jail until February
Alexey Pertsev, a developer of the now-sanctioned crypto mixer Tornado Cash, has been ordered to stay in jail until Feb. 20 at least.
![New York Attorney General eyes ban of crypto purchases through retirement funds 44 US Bitcoin](https://forkast.news/wp-content/uploads/2022/11/crypto-2-1260x840.jpg)
New York Attorney General eyes ban of crypto purchases through retirement funds
New York Attorney General (NYAG) Letitia James has recommended prohibiting crypto investments in defined contribution plans and individual retirement accounts (IRAs).
![Genesis jitters keep investors on edge as contagion risks grow 45 Genesis, FTX and China flag on phone](https://forkast.news/wp-content/uploads/2022/11/AD066F9E-2DE5-4482-8A83-EE6DFBBDD704-1260x709.jpeg)
Genesis jitters keep investors on edge as contagion risks grow
Top blockchain and crypto news: Fear stalks crypto as Genesis wobbles. FTX cleanup begins. China’s NFT scene shrinks.
![At FTX’s first bankruptcy hearing, lawyer calls out ‘substantial amount’ of missing, stolen assets 46 Sam Bankman-Fried, founder and former CEO of FTX](https://forkast.news/wp-content/uploads/2022/11/Sam-BF-1260x706.jpg)
At FTX’s first bankruptcy hearing, lawyer calls out ‘substantial amount’ of missing, stolen assets
In the first day of FTX’s bankruptcy hearing, FTX counsel says the organization was run as ‘personal fiefdom’ of Sam Bankman-Fried.
![India’s CoinSwitch launches platform to enable multi-exchange trading with single login 47 CoinSwitch](https://forkast.news/wp-content/uploads/2022/11/Screenshot-8-1260x601.jpeg)
India’s CoinSwitch launches platform to enable multi-exchange trading with single login
Indian crypto exchange CoinSwitch has launched CoinSwitch Pro, a multi-exchange trading platform that lets users trade crypto assets in Indian Rupees across multiple exchanges with a single login.
![Markets: Bitcoin, Ether prices rise as top 10 cryptos strengthen 48 Ethereum](https://forkast.news/wp-content/uploads/2022/09/Ethereumstack-1260x841.jpg)
Markets: Bitcoin, Ether prices rise as top 10 cryptos strengthen
Bitcoin and Ether strengthened in Asia trade on Wednesday afternoon, reversing some of their losses on Monday and Tuesday. Top 10 cryptocurrencies by market capitalization, except stablecoins, also increased.
![Singapore’s DBS bank completes intraday repurchase transaction on JPMorgan’s blockchain-based platform 49 DBS](https://forkast.news/wp-content/uploads/2022/11/dbs-1260x636.jpg)
Singapore’s DBS bank completes intraday repurchase transaction on JPMorgan’s blockchain-based platform
Singapore-based DBS bank, the largest lender in Southeast Asia, has said it is the first bank in Asia to complete an intraday repurchase transaction on a blockchain-based network.
![S.Korea’s top regulator says digital assets, virtual assets are different 50 Seoul Cityscape | S.Korea’s top regulator says digital assets, virtual assets are different | korea, fsc, crypto, digital assets](https://forkast.news/wp-content/uploads/2022/11/seoul-cityscape-2021-08-26-18-13-04-utc-1260x840.jpg)
S.Korea’s top regulator says digital assets, virtual assets are different
While the crypto industry grapples with the definition of blockchain-based digital tokens, South Korea wants to nail down the terminology.
![CoinMarketCap launches proof-of-reserve tracker for crypto exchanges 51 Bitcoin1 2](https://forkast.news/wp-content/uploads/2022/11/Bitcoin1-2-1260x841.jpg)
CoinMarketCap launches proof-of-reserve tracker for crypto exchanges
CoinMarketCap has introduced a proof-of-reserve tracker for centralized crypto exchanges in a bid to improve transparency.
![Coinbase CEO reaffirms exchange’s BTC holdings after CZ’s tweet 52 coinbase](https://forkast.news/wp-content/uploads/2022/05/coinbase-1260x866.jpg)
Coinbase CEO reaffirms exchange’s BTC holdings after CZ’s tweet
Coinbase CEO Brian Armstrong is reassuring users about the financial health of the Nasdaq-listed crypto exchange, following a tweet — since deleted — from CZ of Binance.
![Crypto mining firm Foundry to buy mining sites from embattled Compute North 53 compute north](https://forkast.news/wp-content/uploads/2022/11/compute-north-1260x709.jpg)
Crypto mining firm Foundry to buy mining sites from embattled Compute North
Crypto mining firm Foundry Digital LLC plans to acquire two turnkey crypto mining facilities in the U.S. from troubled Compute North.
![S.Korea’s Ifland metaverse launches globally in 49 countries 54 ifland metaverse avatars | S.Korea’s Ifland metaverse launches globally in 49 countries | ifland, sk telecom, south korea metaverse](https://forkast.news/wp-content/uploads/2022/11/ifland.png)
S.Korea’s Ifland metaverse launches globally in 49 countries
South Korea’s telecommunications giant SK Telecom (SKT) is launching its Ifland metaverse in 49 countries in North America, Europe, the Middle East and Asia.
![New York State passes two-year moratorium on some crypto mining facilities 55 bitcoin and crypto mining farm big data center SG2T6JS](https://forkast.news/wp-content/uploads/2021/05/bitcoin-and-crypto-mining-farm-big-data-center-SG2T6JS.jpg)
New York State passes two-year moratorium on some crypto mining facilities
New York became the first U.S. state to enact a temporary ban on new cryptocurrency mining permits at fossil fuel plants, despite lobbying against the measure.
![Markets: Bitcoin, crypto rise as FTX contagion fears ease 56 Bitcoin resting in some sand. | Markets: Bitcoin, crypto rise as FTX contagion fears ease](https://forkast.news/wp-content/uploads/2022/11/Bitcoin6-1260x841.jpg)
Markets: Bitcoin, crypto rise as FTX contagion fears ease
Bitcoin recovered above US$16,000 in Wednesday morning trading as it rose along with Ether and the rest of the crypto top 10 by market capitalization, excluding stablecoins.
![Regulators should seek greater disclosure from stablecoin issuers: HK monetary authority researchers 57 How tokenization could transform Hong Kong’s fixed income markets](https://forkast.news/wp-content/uploads/2022/05/How-tokenization-could-transform-Hong-Kongs-fixed-income-markets.png)
Regulators should seek greater disclosure from stablecoin issuers: HK monetary authority researchers
Regulators should seek more disclosure from stablecoin issuers, as stablecoins could transmit risk from markets to traditional finance, according to researchers at the Hong Kong Monetary Authority
![Cathie Woods buys the dip as Ark Invest scoops up Coinbase, GBTC shares: Bloomberg 58 Bitcoin BTC cryptocurrency on silver futuristic hand](https://forkast.news/wp-content/uploads/2022/07/Forkast-Opinion-Images-2-1260x710.png)
Cathie Woods buys the dip as Ark Invest scoops up Coinbase, GBTC shares: Bloomberg
Cathie Wood’s Ark Investment Management has bought over 1.3 million shares of Coinbase Global since the start of November, and 450,000 shares of Grayscale Bitcoin Trust (GBTC).
![Crypto exchange Bitget to expand workforce by 50%, registers in Seychelles 59 Seychelles](https://forkast.news/wp-content/uploads/2022/11/seychelles-1260x839.jpg)
Crypto exchange Bitget to expand workforce by 50%, registers in Seychelles
Cryptocurrency exchange Bitget plans to hire about 400 more staff, taking its total workforce to 1,200 by the first quarter of 2023, the company said in a statement on Tuesday.
![SBF’s parents, FTX executives bought Bahamas property worth US$121 million: Reuters 60 Photo of 'The Orchid,' a Bahamas penthouse listed for sale by SBF soon after the collapse of FTX](https://forkast.news/wp-content/uploads/2022/11/Orchid-SBF-1-1260x709.jpeg)
SBF’s parents, FTX executives bought Bahamas property worth US$121 million: Reuters
The parents of Sam Bankman-Fried, along with senior executives of the now-bankrupt FTX, bought at least 19 properties worth nearly US$121 million in the Bahamas over the past two years.
![Cardano, blockchain payment firm Coti to launch algorithm stablecoin Djed in Jan 2023 61 Cardano to close 2022 at $2.79, experts predict](https://forkast.news/wp-content/uploads/2022/02/quantitatives-io-MZSg37IADKU-unsplash-1260x838.jpg)
Cardano, blockchain payment firm Coti to launch algorithm stablecoin Djed in Jan 2023
Proof-of-stake blockchain platform Cardano and blockchain payment platform Coti will launch an algorithmic stablecoin Djed in January 2023
![Warren Buffet’s Berkshire Hathaway warns of scam crypto site with same name 62 Warren Buffett](https://forkast.news/wp-content/uploads/2022/02/Buffett-1260x840.jpg)
Warren Buffet’s Berkshire Hathaway warns of scam crypto site with same name
Berkshire Hathaway, the investment conglomerate run by billionaire Warren Buffet, has issued a warning about a fake cryptocurrency website that uses the Berkshire Hathway name.
![Football most popular sport among crypto investors: KuCoin survey 63 football fans](https://forkast.news/wp-content/uploads/2022/11/football-1260x631.jpg)
Football most popular sport among crypto investors: KuCoin survey
Football is the most popular sport among crypto investors and 48% of fans among these investors are interested in trading fan tokens for sports teams during the FIFA World Cup, according to a new survey by Seychelles-based crypto exchange KuCoin.
![Huobi plans Southeast Asia, Europe, Caribbean expansion 64 justin sun](https://forkast.news/wp-content/uploads/2022/11/justin-sun-1260x836.jpg)
Huobi plans Southeast Asia, Europe, Caribbean expansion
Huobi Global, one of the world’s largest cryptocurrency exchanges, plans to ramp up its investments in Southeast Asia and Europe as part of its global expansion, the company said in a statement on Tuesday.
![Hong Kong residents spend most time online globally: NordVPN survey 65 hong kong](https://forkast.news/wp-content/uploads/2022/11/hongkong-1260x840.jpg)
Hong Kong residents spend most time online globally: NordVPN survey
Hong Kong residents spend the most time online – almost half of their lives – mainly watching videos on YouTube followed by scrolling through social media channels, according to a new survey by virtual private network provider NordVPN.
![China’s foreign exchange bureau urges stronger legislation to regulate crypto trade 66 Huang Hui](https://forkast.news/wp-content/uploads/2022/11/Huang-Hui-1260x709.png)
China’s foreign exchange bureau urges stronger legislation to regulate crypto trade
China should integrate legislation on cryptocurrencies in order to better regulate crypto tradings, said Huang Hui, a deputy director of the Supervision and Inspection Department of State Administration of Foreign Exchange.
![Thai crypto exchange eyes Hong Kong for possible public share sale in 2024: report 67 Thailand and HK flag | Thai crypto exchange eyes Hong Kong expansion over NY post-FTX saga | bitkub, hong kong, ftx](https://forkast.news/wp-content/uploads/2022/11/thai-hk-1260x945.png)
Thai crypto exchange eyes Hong Kong for possible public share sale in 2024: report
Bitkub, one of the largest crypto exchanges in Thailand, is aiming to list in Hong Kong as early as 2024 when it goes public.
![US senators urge Fidelity to drop BTC retirement plan after FTX collapse 68 Fidelity considers Bitcoin trading on brokerage platform: WSJ](https://forkast.news/wp-content/uploads/2022/09/GettyImages-77333679-1260x709.jpg)
US senators urge Fidelity to drop BTC retirement plan after FTX collapse
U.S. Senators Elizabeth Warren, Dick Durbin and Tina Smith asked Fidelity Investments to rethink its decision to grant retirement plan exposure to Bitcoin.
![FTX alleged hacker is moving funds to dodge authorities: analysts 69 Digital crime by an anonymous hacker](https://forkast.news/wp-content/uploads/2022/11/digital-crime-by-an-anonymous-hacker-2022-09-16-09-04-35-utc-1260x709.jpg)
FTX alleged hacker is moving funds to dodge authorities: analysts
The alleged hacker behind the theft of hundreds of millions of dollars from the cryptocurrency exchange FTX is moving the funds around to separate wallets.