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Rishi Sunak waves, among colleagues

Top “UK Crypto Hub” proponent Rishi Sunak to become prime minister

Rishi Sunak, who previously spearheaded the UK’s crypto hub ambitions as finance minister, has been elected by the Conservative Party on Monday following Liz Truss’ resignation last week. 
Bitcoin and crypto mining farm. Big data center.

Bitcoin mining difficulty logs new high, up 3.4%

Bitcoin mining difficulty has reached a new high after a 3.44% increase in Monday’s biweekly adjustment, according to data from BTC.com.
View of Hong Kong skyline form Victoria Peak, Hong Kong

Hong Kong, BIS explore CBDC-backed stablecoins in retail prototype

The BIS Innovation Hub Hong Kong Centre has completed its CBDC study, Project Aurum, which examined the feasibility of intermediated CBDCs and CBDC-backed stablecoins.
Hong Kong skyline

Markets: Bitcoin gains, Polygon leads top 10 crypto; Hong Kong stocks plunge

Bitcoin rose in Monday evening trading in Asia in a mixed day across the top 10 cryptocurrencies by market capitalization, excluding stablecoins. Ether gained more than 2% and Polygon had a strong run up of more than 6%. XRP fell. Different picture for Hong Kong stocks, where the Hang Seng Index plunged to lows last […]
arrows and graphs showing stock market crash with various cryptocurrencies

Is crypto dead? No, but doomsayers may profit from your panic

A lack of regulations means anyone can say bad things about crypto to stir up fear — and push you to sell. Even if they stand to make money from your losses.
Court hammer, XRP token | SEC asks court to deny Ripple motion for summary judgment in XRP lawsuit

SEC asks court to deny Ripple motion for summary judgment in XRP lawsuit

The U.S. SEC has filed a legal rebuttal to Ripple’s motion for summary judgment, a day after Ripple took a similar move against the SEC.
nft

‘Chinese Netflix’ iQIYI taps smart contract ERC-3475 to resolve copyright disputes

iQIYI, one of China’s largest online video platforms with over 100 million subscribers, is tapping Ethereum smart contract standard ERC-3475 to solve copyright-related issues, according to a press release on Sunday from the standard’s inventor, decentralized bond protocol DeBond.
Wemade's MIR4 | South Korea’s MIR4 maker WEMADE launches stablecoin | wemade, wemix 3.0, wemade stablecoin, mir4

South Korea’s MIR4 maker Wemade launches stablecoin

WEMADE, a South Korean blockchain game developer, recently launched its stablecoin, WEMIX$, for growing its blockchain ecosystem, which houses NFTs and DeFi.
Bitcoins on black background Bitcoin cryptocurrency

Markets: Bitcoin, Ether, Polygon gain; US equities see largest gains since June

Bitcoin and Ether were both gaining in Monday morning trading in Asia, as were all other top ten cryptocurrencies by market capitalization, excluding stablecoins.
XRP Ripple how it works

What is XRP and what is Ripple?

Why has Ripple Labs been in the U.S. SEC’s crosshairs and what’s the difference between Ripple and XRP?
india crypto web 3.0 blockchain regulation

India Web3 talent driven away by lack of regulatory clarity, industry body says

India’s lack of regulatory clarity on crypto and Web 3.0 is a driving force of critical human capital flight, according to a new report by Nasscom.
Ripple XRP Bitcoin Ethereum

Markets: Bitcoin holds above US$19,000 support but top 10 cryptos fall

Bitcoin traded at US$19,045.18 at 4 p.m. in Hong Kong, while Ether fell 0.48% to US$1,286.01, according to data from CoinMarketCap. 
Do Kwon and Interpol logo | Seoul cancels Terra CEO Do Kwon’s passport, prepares Interpol arrest warrant | do kwon arrest, do kwon passport, do kwon interpol, do kwon news, do kwon

Interpol’s global police beat moves to metaverse amid hunt for Terra’s Do Kwon

The international police organization Interpol has launched its own metaverse to assist law enforcement in protecting communities in virtual realms. The development comes after wanted Terraform Labs cofounder Do Kwon quietly slipped from Singapore to Dubai and possibly elsewhere. See related article: India police launch blockchain-based complaint portal on Polygon  Fast facts Interpol claims theirs […]
Golden ring between the pages of old book in vintage style, close up, soft focus, The Lord of the Rings, NFT

The Lord of the Rings NFT comes with a Web3 AR movie journey in 4K

Warner Bros. Entertainment Inc. will launch Lord of The Rings non-fungible tokens (NFTs) on Eluvio, as part of the entertainment giant’s Web 3.0 movie experience coined “Movieverse.”
Three NFTs from the Solana blockchain ecosystem.

NFT marketplaces ditching standard royalty fees labeled “short-sighted”

After Solana’s Magic Eden marketplace said it was bowing to pressure and making payment of royalties “optional” to NFT creators, industry insiders tell Forkast the policy is wrongheaded and damaging.
Hancom Logo | Software maker Hancom raided amid suspicions over token Arowana, slush fund | hancom, hancom arowana

Software maker Hancom raided amid suspicions over token Arowana, slush fund

South Korean police raided local software company Hancom and home of chairman Kim Sang-cheol on Thursday amid speculation that Kim created a slush fund using crypto token Arowana, according to local media reports.
a pile of documents and XRP token | Ripple lawyer says ‘worth the fight’ as SEC hands over Hinman files in court case | xrp news, ripple lawsuit, ripple sec

Ripple lawyer says ‘worth the fight’ as SEC hands over Hinman files in court case

The U.S. Securities and Exchange Commission (SEC) has handed over internal documents to Ripple Labs Inc. containing comments by former SEC Corporation Finance Division director William Hinman on cryptocurrencies, Ripple’s general counsel Stuart Alderoty said on his verified Twitter handle on Friday.

Jack Dorsey-founded decentralized social protocol Bluesky gets 30K signups for waiting list 

Bluesky, the decentralized social media protocol founded by former Twitter CEO Jack Dorsey, announced on Friday morning Hong Kong time that 30,000 people had signed up on its preview app waitlist 48 hours after it was announced.
Bitcoin

Markets: Bitcoin dips, 30-day volatility at 2 year low; Ether falls, Dogecoin gains

Bitcoin fell, but traded back above the US$19,000 support level in Friday morning trading in Asia. Ether lost ground along with most other top 10 cryptocurrencies by market capitalization, excluding stablecoins, but leading memecoin Dogecoin rose and Tron also edged higher. See related article: Twitter user prevents 200 billion BitBTC bridge exploit, highlighting major vulnerability […]
cricket NFT sports sachin tendulkar

Sachin Tendulkar joins NFT market Rario’s cricket legends roster

Sachin Tendulkar, Indian cricket legend and former captain of the national cricket team, has partnered with cricket non-fungible token (NFT) platform Rario to launch exclusive digital collectibles. See related article: 55,000 Meta Cricket League NFTs sell out in nine minutes Fast facts Rario has existing partnerships with cricket icons, like Zaheer Khan, Kevin Pietersen, Jonty […]
south africa crypto

Crypto becomes approved financial product in South Africa

South Africa’s financial markets regulator has declared crypto assets as a financial product, setting the legal grounds to bring cryptocurrencies under regulatory purview. See related article: Nigeria to become 1st African country to launch a central bank digital currency Fast facts Crypto is not issued by a central bank but can be traded, transferred and […]
JPMorgan sees upside for Bitcoin and crypto amid market downturn

JP Morgan appoints ex-Celsius exec to head crypto regulatory policy

JP Morgan Chase has hired former Celsius executive Aaron Lovine as executive director of digital assets regulatory policy, the latest move in the bank’s oscillating regard for the crypto industry.  See related article: JPMorgan Chase executive says crypto usage for payments decreasing   Fast facts A JPMorgan spokesperson confirmed the appointment after Lovine, who headed policy […]
Concept of Twitter logo with wings

Twitter user prevents 200 billion BitBTC bridge exploit, highlighting major vulnerability

A Twitter user highlighted a vulnerability in BitBTC’s Optimism bridge and averted what could have been the latest in a string of bridge exploits this month.
man taking off mask in front of digital background | South Korea mulls uploading headshots of sex offenders on 3D metaverse | south korea metaverse

South Korea mulls uploading headshots of sex offenders on 3D metaverse

South Korea is mulling the uploading of headshots of sex offenders rendered on the three-dimensional metaverse, to help the public identify offenders, said Minister of Gender Equality and Family Kim Hyun-sook on Tuesday in a local radio interview. See related article: S.Korea’s science ministry announces ethical principles for the metaverse Fast facts Kim mentioned the […]

Markets: Bitcoin, Ether slip amid muted performance of top 10 cryptos; XRP leads gains

The crypto market continued its sluggish performance during Thursday evening trading in Asia, with Bitcoin and Ether lower and XRP’s 0.63% rise marking the biggest gain among the top 10 cryptocurrencies by market capitalization, excluding stablecoins. See related article: Japan eases token vetting process to expand crypto offerings: report Fast facts Bitcoin fell 0.35% in […]
Fidelity’s crypto arm wants to add Ethereum trading, plans hiring spree

Fidelity Digital Assets to allow clients to trade Ether

Fidelity Digital Assets will allow clients to trade Ether from Oct. 28, according to a company email shared by Fidelity’s customers via Twitter. See related article: Fidelity considers Bitcoin trading on brokerage platform: WSJ Fast facts Institutional investors will be able to buy, sell and trade ETH, the second-largest cryptocurrency by market cap. “With the […]
vincent chok image 1

First Digital Trust says HK, Singapore can join hands on crypto initiatives

In a Q&A with Forkast, First Digital Trust Chief Executive Officer Vincent Chok shared his views on Hong Kong getting back into crypto, regulations, and how the crypto pie in Asia is big enough for rivals Singapore and Hong Kong.
Tokyo Tower in the Shiba-koen district of Minato, Tokyo, Japan. | Japan eases token vetting process to expand crypto offerings: report | japan crypto news, JVCEA, fumio kishida

Japan eases token vetting process to expand crypto offerings: report

Japan’s Virtual and Crypto assets Exchange Association (JVCEA), the self-regulatory body that oversees local crypto exchanges, will allow platforms to list cryptocurrencies without an existing lengthy screening process, according to Bloomberg. See related article: Japan pushes for tougher crypto AML regulations amid N. Korean cyberattacks Fast facts The easing is expected to take place as […]
hong kong 2021 08 26 18 13 04 utc

Hong Kong digital asset firm sets up US$50 mln fund to expand mining business amid crypto winter

Hong Kong-based digital asset management firm JKL Group will set up a US$50 million fund to buy more mining machines to further expand its mining facilities, despite the current crypto winter.
Do Kwon and Dubai night skyline | Terra CEO Do Kwon, wanted by South Korea, left Singapore and flew to parts unknown via Dubai | do kwon latest news, do kwon interpol, do kwon dubai

Terra CEO Do Kwon, wanted in South Korea, left Singapore and flew to parts unknown via Dubai

Kwon Do-hyung, the cofounder and chief executive officer (CEO) of Terraform Labs Pte. Ltd., also known as Do Kwon, left Singapore last month and landed in Dubai, United Arab Emirates, South Korean prosecutors confirmed with Forkast.
close-up shot of the definition of the word language; crypto coins

Why local language education holds the key to crypto’s future

The crypto sector operates mainly in English, but more than 6 billion people — many of whom crypto would benefit the most — use other languages, writes Wei Zhou of Coins.ph.
Bitcoin

Markets: Bitcoin, Ether fall along with rest of crypto top 10; Uniswap gains

Bitcoin and Ether both fell in Thursday morning trading in Asia and with the exception of stablecoins, all other top 10 cryptocurrencies by market capitalization lost ground.
Horizon Worlds fails to lift Meta as users stay away

Horizon Worlds fails to lift Meta as users stay away

Top blockchain and crypto news: Mark Zuckerberg’s empty metaverse. South Korea to roll out blockchain IDs. Macau bets on digital money.
Bitcoin

Bitcoin makes the Guinness World Records list as the first decentralized cryptocurrency

Bitcoin also received additional entries to the annual list, now a record holder for the “oldest cryptocurrency,” the “most valuable cryptocurrency” and the “first blockchain.”
Coins with bitcoin symbol on red light and crypto stocks chart, Markets: Bitcoin, Ether slide, crypto market cap drops under US$1 trillion

Markets: Bitcoin, Ether fall with top 10 cryptos, XRP slumps

Bitcoin fell in Wednesday afternoon trading in Asia along with the top 10 cryptocurrencies by market capitalization, excluding stablecoins, with XRP holders suffering the steepest losses at 3.93%.
South Korean passport and Do Kwon | South Korea indicates fugitive Do Kwon’s passport still valid; his location unknown | do kwon news, do kwon latest news, do kwon interpol

South Korea indicates fugitive Do Kwon’s passport still valid; his location unknown

Kwon has been issued with an Interpol “red notice” requesting his extradition on charges brought by South Korea related to the implosion of the Terra Luna cryptocurrency project he founded
Cyber data and information security idea. Yellow padlock and key and blue keyboard. Computer, information safety, confidentiality concept. Top view, flat lay, mock up

Moola Market DeFi hacker returns US$9 mln in stolen funds for bounty

The perpetrator of the US$9.1 million Moola Market exploit returned close to the entirety of the loot in exchange for an undisclosed ransom on Wednesday, according to the project’s social media update.   See related article: ‘Hacktober’ continues with US$1 mln taken from BitKeep token swap service Fast facts Decentralized finance (DeFi) project Moola Markets announced […]
Aptos logo layered in front of trading graph

Aptos rollout faulted for slow processing speeds; native token plunges

The blockchain network was built by former members of the Meta stablecoin project, with well-known investors and considerable buzz as the new ‘Solana killer.’
crypto bankruptcy Nuri

Crypto bank Nuri to shut down, asks customers to withdraw funds

German crypto bank Nuri (formerly known as Bitwala) has asked customers to withdraw their funds by Dec. 18 so that the “business can be terminated and liquidated.”
EuropeanComission

EU targets Bitcoin with energy efficiency labeling for crypto

This isn’t the first time the bloc has examined cracking down on Bitcoin mining, and it comes amid a growing push from regulators to examine the industry’s carbon footprint.
hacked-computer-binary-number-stream-blurred-conc-2022-08-01-04-12-45-utc

‘Hacktober’ continues with US$1 mln taken from BitKeep token swap service

An unidentified hacker stole over US$1 million in Binance Coin (BNB) tokens from decentralized multi-chain wallet BitKeep’s token swap service on Monday, according to a Tuesday statement by the company. See related article: Crypto hackers on track for bonanza year as theft surges, Chainalysis says Fast facts “Our development team managed to contain the emergency […]
IRS form W-7 Application for IRS individual taxpayer identification number lies on flat lay office table and ready to fill. U.S. Internal revenue services paperwork concept.; new NFT tax

New IRS tax language tweaked to include NFTs

The IRS updated its annual income tax instructions in a Monday draft that does away with the taxable category “virtual currency” and replaces it with the term “digital assets,” which explicitly includes NFTs.
Bitcoins

Markets: Bitcoin, Ether fall as EU considers crackdown on energy-intensive crypto mining

Bitcoin and Ether both fell in Wednesday morning trading in Asia amid news the European Union is considering a bill to restrict the mining of energy-intensive cryptocurrencies, such as Bitcoin. Most of the rest of the cryptocurrency top 10 by market capitalization, excluding stablecoins, also declined, with the exception of Polygon. See related article: Bitcoin, […]
XRP the native cryptocurrency of the XRP Ledger

Ripple devs push for Ethereum smart contract compatibility with XRPL sidechain

The first XRP Ledger (XRPL) Ethereum Virtual Machine (EVM) compatible sidechain has gone live on the parallel test network, XRPL Devnet, Ripple developers announced on Monday.
Singapore central bank warns against crypto promotion

Markets: Bitcoin price rises amid sweeping gains across top 10 crypto, Polygon increases 7%

Markets: Bitcoin price rises amid sweeping gains across top 10 crypto, Polygon increases 7%
coinbase2

Coinbase mulls lawsuit against users who made millions from pricing error

“No finders keepers’ law”: Coinbase considers legal action against some 1,000 users in east Europe’s Georgia who took advantage of a pricing glitch on the platform.
Flag of China and Hong Kong Waving with blue sky

One country, two systems? Hong Kong seems set to diverge from China on digital assets

Hong Kong seems set to put out a new welcome mat for the blockchain and crypto industries, but will it work after concern about regulatory restrictions convinced many cryptocurrency operators to leave?
and
SEC

CFTC, SEC investigate if bankrupt 3AC misled investors, failed to register business

The Commodity Futures Trading Commission and the Securities and Exchange Commission of the U.S. are investigating whether bankrupt crypto hedge fund Three Arrows Capital (3AC) misled investors about its balance sheet and failed to register with the two agencies, according to a Bloomberg report which cites two people familiar with the matter. See related article: […]
Japan Prime Minister Fumio Kishida (center front) and cabinet members | Japan pushes for crypto AML regulations amid N. Korean cyberattacks | japan crypto news, japan north korea, north korea crypto hack

Japan pushes for tougher crypto AML regulations amid N. Korean cyberattacks

The Japanese government approved amendments to existing financial regulations to prevent money laundering utilizing cryptocurrencies and increase penalties on those involved, according to local media reports. See related article: North Korea’s Lazarus Group attacks Japanese crypto firms, police say Fast facts The Cabinet, Japan’s executive body, approved the revisions to laws associated with the country’s […]
Yu-Gi-Oh! Cross Duel by Konami | Japanese gaming giant Konami seeks new hires for Web3 expansion | konami news, konami web3, japan nft, japan metaverse

Japanese gaming giant Konami is recruiting for expansion into Web3, metaverse

Konami Digital Entertainment Co., Ltd., a Tokyo-based video game company, announced a recruitment effort for 13 new positions to integrate its game titles with Web3 and metaverse technologies. See related article: NFTs may be the next killer app for video games, but some traditional players object Fast facts The game developer is planning to launch […]
illuminated neon-colored NFT letters

The scourge of NFT wash trading — and how not to get suckered in

What are the different kinds of NFT wash trading, and what are the red flags that a prospective investor should look for? Anndy Lian explains.
Bitcoin

Markets: Bitcoin, Ether rise; Polygon, Solana lead gainers among the top 10 tokens

Bitcoin and Ether rose as all top 10 tokens by market capitalization, excluding stablecoins, gained in Tuesday morning trading in Asia. Polygon led the list. Solana followed on news a leading non-fungible token (NFT) marketplace will suspend transaction fees. See related article: Gold commodities market could enter the blockchain, according to new industry initiative Fast […]
mastercard crypto

Mastercard to let banks offer crypto services to clients

Global payments company Mastercard intends to enable financial institutions to offer crypto services to customers with its new Crypto Source program. See related article: Binance partners Mastercard to launch card in Argentina for bill payment, everyday purchases Fast facts The program will allow financial institutions to tap into Mastercard’s partners to buy, hold and sell […]
gold-ingots-2022-08-01-01-10-50-utc

Gold commodities market could enter the blockchain, according to new industry initiative

A partnership between the World Gold Council (WGC) and Swiss-based DLT infrastructure and application provider aXedras Group could make gold trading more accessible and streamlined, though insiders are skeptical, according to a Bloomberg report Sunday.  See related article: Diamond Standard raises US$30 mln to ramp up tokenized asset distribution Fast facts The WGC’s initiative “Gold247” […]
India G20 crypto

India wants global, tech-driven regulatory framework for crypto

As India prepares to begin its one-year presidency of the Group of 20 (G20) beginning Dec. 1, it will look to work toward a global, tech-driven regulatory framework for cryptocurrency, India’s finance minister Nirmala Sitharaman said. See related article: India’s finance minister calls on G20 to share information on crypto Fast facts “During our engagements, […]
crypto currency coin isolated on black background

Markets: Bitcoin inches up, most top 10 cryptos stable after rollercoaster week

Bitcoin inched up slightly Monday, with the majority of the top 10 cryptocurrencies by market capitalization remaining stable, the only considerable price change coming from XRP’s 3% drop.  See related article: South Korea seeks software to track US$7.2B in illegal crypto Fast facts Bitcoin rose 0.83% in the past 24 hours to trade at US$19,296 […]
bear figurine standing on a financial report

Why the crypto bear market can be a bull for innovation

The market may be in the doldrums, but there’s no better time to clean house and build for the future, writes Clayton Roche of UMA. Here are 5 areas of opportunity.
Magic Eden

Magic Eden, largest Solana-based NFT platform, makes royalty fees optional

The platform said the move was in line with growing market trends, but some are concerned about what it means for the industry.
meta's Horizon Worlds | Meta’s flagship metaverse said to fall short of performance expectations | horizon worlds, meta metaverse, mark zuckerberg

Meta’s flagship metaverse said to fall short of performance expectations

Meta Platforms Inc.’s internal documents show the company’s metaverse platform Horizon Worlds is underperforming in terms of attracting and maintaining users, the Wall Street Journal (WSJ) reported Saturday. See related article: Meta’s attempts at building a metaverse will ‘misfire’: Vitalik Buterin Fast facts Meta’s initial goal was to gather 500,000 monthly active users (MAU) on […]
Macau flag layered above Chinese flag to represent deal in CBDC

Macau is betting on digital currency, CBDC as legal tender

The city of Macau, a special administrative region of China and home to a thriving casino industry, is seeking to grant digital currency status as legal tender, the Executive Council of Macau announced on Friday. See related article: Macao needs China’s heft in tech to introduce CBDC, official says  Fast facts See related article: Macao […]
binary numbers and hacked | North Korea’s Lazarus Group attacks Japanese crypto firms, police say | north korea lazarus group, north korea crypto hack, japan crypto

North Korea’s Lazarus Group attacks Japanese crypto firms, police say

North Korea-backed hacker group Lazarus has been sending phishing emails to Japanese crypto exchange employees to infect their computers with malware, causing some companies to have their systems hacked and cryptocurrencies stolen, Japan’s National Police Agency announced last week. See related article: DPRK hackers sneak US$52 mln in crypto into S.Korean exchanges: Chainalysis Fast facts […]
Bitcoin

Markets: Bitcoin rises as Ether leads gains in crypto top 10

Bitcoin and Ether were trading higher along with top 10 tokens by market capitalization excluding stablecoins in Monday morning trading in Asia, as the world’s largest cryptocurrency remained above US$19,000. XRP was the only token on that list to fall. See related article: Ethereum supply would have grown by 350,000 tokens under PoW Fast facts […]
Ether Golden

Ethereum supply would have grown by 350,000 tokens under PoW

A recent token launch on Ethereum pushed the network into a deflationary state and the blockchain’s shift to PoS may lower supply even further.
BTC Bitcoin and XRP Ripple Coins Between Casino Chips. Entertainment and Modern Blockchain Payments Concept.

Markets: Bitcoin, Ether rise along with all top 10 crypto as inflation sell-off turns bullish

Bitcoin rose in Friday evening trading in Asia to jump past its US$19,000 support line, with Ether and all other top 10 cryptocurrencies by market capitalization gaining, led by XRP.  See related article: Ethereum price undervalued since The Merge: report  Fast facts Bitcoin gained 3.33% in the past 24 hours to trade at US$19,647 at […]
CPU vulnerability. 3D render. hacked processor concept

Crypto hackers on track for bonanza year as theft surges, Chainalysis says

Decentralized finance sites are the preferred choice of hackers as crypto heists look to be on course to hit a record high this year.
Team of Computer hackers coding on keyboard hidden in illegal hideout full of monitors | South Korea seeks software to track US$7.2B in illegal crypto | south korea crypto, crypto news, south korea news

South Korea seeks software to track US$7.2B in illegal crypto

South Korea’s Supreme Prosecutors’ Office is looking to hunt down illegal crypto funds by purchasing a software program that tracks down crypto transactions and sources, a local media outlet reported Friday. See related article: DPRK hackers sneak US$52 mln in crypto into S.Korean exchanges: Chainalysis Fast facts The tracking program is expected to be used […]
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The evidence is in: Chinese courts use judicial blockchain platform to store data

China’s judicial blockchain platform has stored more than 2.6 billion pieces of evidence, a Supreme People’s Court spokesman said at a press conference on Thursday, according to a report by the local media Legal Daily. See related article: China has seen blockchain’s future and it doesn’t include cryptocurrencies  Fast facts See related article: How blockchain […]
Nearly half of Tether reserves are now in US Treasury bills

Tether says it slashed all commercial paper, replaced with US Treasury bills

Tether, issuer of the world’s largest stablecoin, said in a blog post it has cut its commercial paper holdings to zero and replaced them with U.S. Treasury bills. See related article: Are stablecoins like Tether ready for regulatory scrutiny?  Fast facts See related article: SEC fines former Tether auditor over accounting malpractice 
Bitcoin

Bitcoin fans pitch Satoshi Nakamoto for Nobel Prize in Economics

Bitcoin advocates have once again launched their annual campaign to have Satoshi Nakamoto — the pseudonymous creator/s of Bitcoin — named as the recipient of the Nobel Prize in Economic Sciences. See related article: What’s next for Binance after $100 million BNB hack? Fast facts On Oct. 10, the Royal Swedish Academy of Sciences awarded […]
Bitcoin

Markets: Bitcoin rebounds with equities after inflation data sparks initial sell off

Bitcoin traded back above US$19,000 in Friday morning trading in Asia, rebounding with U.S. equities from a sharp drop that followed a September inflation reading in the U.S. Consumer Price Index (CPI) report on Thursday that was higher than expected. BNB and memecoin Shiba Inu were two other tokens among the top 10 by market […]
US CPI FED crypto

Bitcoin drops 3% as U.S. inflation rises 0.4% in September

Bitcoin dropped 3% after the U.S. Bureau of Labor Statistics (BLS) reported that the consumer price index (CPI), a key inflation indicator, rose 0.4% in September from August.  See related article: Fed’s inflation fight batters crypto market as pressure mounts Fast facts The largest cryptocurrency by market capitalization traded at US$18,432 at 10:30 p.m. Hong […]
A man's hand holds an etherium coin at a computer table, Markets: Etherium Merge complete, ETH and linked tokens lift market

Ethereum price undervalued since The Merge: report

Nearly half of 55 fintech and crypto experts believe Ethereum has been underpriced since the network became a proof-of-stake blockchain through “The Merge” upgrade last month, according to a recent report from financial service firm Finder. See related article: Why YOU should back Ethereum’s Fork Fast facts While 46% of the surveyed panelists said Ether […]

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