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![Markets: Bitcoin, Ether fall; DOGE leads losses across top 10 crypto 1 Hong Kong cityscape | Hong Kong retail investors blocked from crypto spot ETFs](https://forkast.news/wp-content/uploads/2022/01/hong-kong-2021-08-29-12-12-38-utc-1260x840.jpg)
Markets: Bitcoin, Ether fall; DOGE leads losses across top 10 crypto
Bitcoin fell in evening trade in Asia along with almost all other top 10 cryptocurrencies by market capitalization, excluding stablecoins, with the sole gain seen in Polkadot’s uptick.
![Satoshi's other big legacy: Bitcoin is propelling a green energy revolution 2 Forkast Opinion Images 2](https://forkast.news/wp-content/uploads/2022/10/Forkast-Opinion-Images-2-1260x710.png)
Satoshi’s other big legacy: Bitcoin is propelling a green energy revolution
The Bitcoin white paper, published 14 years ago this day, launched an industry that is now subsidizing clean energy and turning waste into digital gold, writes Will Szamosszegi of Sazmining.
![South Korea’s Wemade to remedy WEMIX token after ‘investment warning’ by crypto exchanges 3 WEMIX logo and graphics | South Korea’s Wemade to remedy WEMIX token after ‘investment warning’ by crypto exchanges | wemix, wemade, south korea](https://forkast.news/wp-content/uploads/2022/10/og.png)
South Korea’s Wemade to remedy WEMIX token after ‘investment warning’ by crypto exchanges
South Korea-based blockchain game developer Wemade is working on a fix for WEMIX after four major crypto exchanges in the country added the cryptocurrency to an “investment warning” list for inaccurately reporting circulation numbers.
![Hong Kong seeks to allow crypto futures ETFs 4 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 seeks to allow crypto futures ETFs
The city is seeking to allow digital asset-based exchange-traded funds (ETFs) to be publicly listed and traded in the city.
![Sam Bankman-Fried says Hong Kong could become Asia’s Web 3 hub 5 Bitcoin and Hong Kong banknote](https://forkast.news/wp-content/uploads/2022/10/bitcoin-and-hong-kong-banknote-2022-09-16-03-44-37-utc-1260x709.jpg)
Sam Bankman-Fried says Hong Kong could become Asia’s Web 3 hub
The founder of crypto exchange FTX, which moved out of Hong Kong in 2021, said that the city could emerge as a Web3, blockchain and cryptocurrency hub.
![Terra CEO Do Kwon faces lawsuit in Singapore, next hearing on Wednesday 6 Do Kwon and Singapore | Terra CEO Do Kwon faces lawsuit in Singapore, next hearing on Wednesday | do kwon news, do kwon terra, terra luna](https://forkast.news/wp-content/uploads/2022/10/dks-1260x945.png)
Terra CEO Do Kwon faces lawsuit in Singapore, next hearing on Wednesday
A hearing is scheduled in Singapore on a lawsuit filed against Terraform Labs’ Do Kwon on behalf of investors who lost about US$57 million in the collapse of Terra-LUNA.
![Fortune favors the brave? One year on from Crypto.com’s ad with Matt Damon 7 Matt Damon in Crypto.com advertisement Fortune Favors the Brave](https://forkast.news/wp-content/uploads/2022/10/Fortune-1.png)
Fortune favors the brave? One year on from Crypto.com’s ad with Matt Damon
Trading volume on cryptocurrency exchange Crypto.com has slumped about 90% in the 12 months since the company’s “fortune favors the brave” ad.
![Markets: Bitcoin, Ether, Cardano, XRP fall; BNB gains on Binance Twitter investment 8 Bitcoin on a plain background. Markets: Bitcoin, Ether, Cardano, XRP fall; BNB gains on Binance Twitter investment](https://forkast.news/wp-content/uploads/2022/10/CAR1-1-1260x841.jpg)
Markets: Bitcoin, Ether, Cardano, XRP fall; BNB gains on Binance Twitter investment
Bitcoin and Ether fell in Monday morning trading in Asia, along with most other top 10 cryptocurrencies by market capitalization, excluding stablecoins.
![Visa’s trademark filings hint at launch of crypto wallet 9 Visa card next to a golden Bitcoin](https://forkast.news/wp-content/uploads/2021/02/Visa-Bitcoin-gID_4.jpg)
Visa’s trademark filings hint at launch of crypto wallet
Visa International Service Association on Oct. 22 filed two trademark applications that hinted at plans of launching a crypto wallet.
![Meta's one-year anniversary: Virtual reality meets tough reality 10 Woman showing thumb down while using VR virtual reality headset over an isolated background. Technology concept.](https://forkast.news/wp-content/uploads/2022/10/woman-showing-thumb-down-while-using-vr-virtual-re-2022-10-26-06-27-11-utc-1-1260x709.jpg)
Meta’s one-year anniversary: Virtual reality meets tough reality
It is the one-year anniversary of Facebook’s rebrand as Meta, a major step in the company’s foray into virtual reality and Web3. However, in actual reality, not everything has gone to plan for the platform’s new parent company.
![Markets: Bitcoin, Ether drop; ADA leads decline across top 10 crypto 11 shutterstock 1209348046 gID 2](https://forkast.news/wp-content/uploads/2021/01/shutterstock_1209348046-gID_2.jpg)
Markets: Bitcoin, Ether drop; ADA leads decline across top 10 crypto
Bitcoin dropped nearly 3% in afternoon trading in Asia. All other top 10 cryptocurrencies by market capitalization, excluding stablecoins, declined following a strong two-day rally by most tokens.
![Binance confirms equity in Elon Musk’s Twitter acquisition 12 Binance, a16z among investors backing Musk's Twitter bid with US$7 bln](https://forkast.news/wp-content/uploads/2022/05/Untitled-design-1-1260x840.png)
Binance confirms equity in Elon Musk’s Twitter acquisition
Binance has confirmed its participation in Tesla Chief Executive Officer Elon Musk’s Twitter acquisition as an equity investor.
![Blockchain will be YouTube for finance, says CEO of South Korean blockchain firm Streami 13 Gopax logo | Blockchain will be YouTube for finance, says CEO of South Korean blockchain firm Streami | gopax, south korea, busan](https://forkast.news/wp-content/uploads/2022/10/gopax-1260x945.png)
Blockchain will be YouTube for finance, says CEO of South Korean blockchain firm Streami
The use of blockchain technology in finance will have an impact similar to that of YouTube on the media industry, said Lee Jun-haeng, CEO of South Korea-based blockchain company Streami.
![NFT 'hype cycle' over, major changes expected in 2023: report 14 Bored Ape Yacht Club](https://forkast.news/wp-content/uploads/2022/09/BAYC333-1260x709.jpg)
NFT ‘hype cycle’ over, major changes expected in 2023: report
New York-based technology consulting firm, Activate Consulting, has projected that 2023 will see “the end of NFTs hype cycle” with the token class expected to undergo major changes in how they are used and regarded.
![Binance says will help Busan city grow blockchain industry from bottom up 15 Leon Foong, Head of APAC for Binance | Binance will help Busan grow blockchain from bottom up | binance, binance busan](https://forkast.news/wp-content/uploads/2022/10/leon--1260x710.png)
Binance says will help Busan city grow blockchain industry from bottom up
Busan, S. Korea’s designated blockchain city, plans to make itself a global center for the technology. Binance, the world’s largest crypto exchange, plans to help.
![Hong Kong set to relaunch itself as digital asset hub with revamped policies 16 Hong Kong and chinese flag](https://forkast.news/wp-content/uploads/2022/10/hong-kong-and-chinese-flag-2022-09-16-02-35-31-utc-1260x708.jpg)
Hong Kong set to relaunch itself as digital asset hub with revamped policies
When China banned cryptocurrency trading and mining in September 2021, it was feared that policy would make its way into Hong Kong. Seems that concern is getting a rethink.
![SBF: FTX stablecoin, 'Second Great Stablecoin War' are coming 17 FTX said to be in talks to acquire S.Korea’s Bithumb exchange](https://forkast.news/wp-content/uploads/2022/07/GettyImages-1241501574-1260x839.jpg)
SBF: FTX stablecoin, ‘Second Great Stablecoin War’ are coming
Sam Bankman-Fried, founder of the crypto exchange FTX, says he hopes FTX will soon join most other major exchanges in having launched a stablecoin.
![How to manage your crypto assets beyond the grave 18 bitcoin and rolled dollar bills with black and white graveyard background](https://forkast.news/wp-content/uploads/2022/10/Forkast-Opinion-Images-11-1260x710.png)
How to manage your crypto assets beyond the grave
When the Grim Reaper comes, will he take all your Bitcoins, too? Here’s how to ensure your crypto wealth will survive and live on for your heirs.
![Ethereum’s LooksRare latest NFT marketplace to make creator royalties optional 19 looksrare logo on black background. Ethereum’s LooksRare latest NFT marketplace to make creator royalties optional.](https://forkast.news/wp-content/uploads/2022/10/Looksrare3.png)
Ethereum’s LooksRare latest NFT marketplace to make creator royalties optional
LooksRare is the latest NFT marketplace to make paying creator royalty fees optional as the industry struggles amid an ongoing slump in the NFT market.
![Huobi Global to end HUSD trading, delist stablecoin 20 Huobi](https://forkast.news/wp-content/uploads/2021/07/Huobi-1260x877.jpeg)
Huobi Global to end HUSD trading, delist stablecoin
Crypto exchange Huobi Global will delist its stablecoin HUSD on Friday, refund holders 1:1 with USDT.
![Markets: Bitcoin, Ether fall; Dogecoin gains as Elon Musk’s Twitter buyout moves ahead 21 Two bitcoins on a black background. Markets: Bitcoin, Ether fall; Dogecoin gains as Elon Musk’s Twitter buyout moves ahead](https://forkast.news/wp-content/uploads/2022/10/BB-1260x841.jpg)
Markets: Bitcoin, Ether fall; Dogecoin gains as Elon Musk’s Twitter buyout moves ahead
Bitcoin’s recent price gains came to a halt in Friday morning trading in Asia though it remained above the US$20,000 support line.
![Crypto a rising currency of choice for drug smugglers in India 22 amit shah talks about crypto as a rising medium of exchange for drug smugglers](https://forkast.news/wp-content/uploads/2022/10/amit-shah-1260x782.jpg)
Crypto a rising currency of choice for drug smugglers in India
India has witnessed an increase in drug smuggling using cryptocurrencies and the darknet, according to the country’s Home Minister Amit Shah.
![Kazakhstan’s central bank to test CBDC on BNB chain 23 Nur-Sultan, the capital city of Kazakhstan.](https://forkast.news/wp-content/uploads/2022/08/Nur-Sultan-1260x945.jpg)
Kazakhstan’s central bank to test CBDC on BNB chain
The National Bank of Kazakhstan [NKB] will be testing the integration of their central bank digital currency (CBDC) on the BNB Chain.
![UK High Court shuts down PGI Global for alleged crypto scam 24 British pounds](https://forkast.news/wp-content/uploads/2022/10/UK-1260x835.jpg)
UK High Court shuts down PGI Global for alleged crypto scam
The United Kingdom High Court has shut down PGI Global UK Ltd. for allegedly running a crypto scam and has appointed the official receiver as the company’s liquidator.
![World’s largest Bitcoin miner Core Scientific’s stock tumbles amid liquidity crisis 25 core scientific mining facility](https://forkast.news/wp-content/uploads/2022/10/core-scientific-1260x840.jpg)
World’s largest Bitcoin miner Core Scientific’s stock tumbles amid liquidity crisis
The Nasdaq-listed company expects to deplete its cash resources by the end of this year.
![Hong Kong mulls plans to legalize retail crypto trading: Bloomberg 26 Hong Kong at night](https://forkast.news/wp-content/uploads/2022/02/HK.png)
Hong Kong mulls plans to legalize retail crypto trading: Bloomberg
Hong Kong is mulling plans to legalize retail crypto trading to regain its status as a global digital asset hub.
![Markets: Bitcoin, Ether rise; Dogecoin leads gains across most top 10 cryptos 27 Dogecoin, litecoin, etheteum and bitcoin, Markets: Dogecoin reenters top 10 tokens by market cap, Bitcoin and Ethereum up](https://forkast.news/wp-content/uploads/2022/09/dogecoin-litecoin-etheteum-and-bitcoin-2021-08-26-16-24-28-utc-1260x709.jpg)
Markets: Bitcoin, Ether rise; Dogecoin leads gains across most top 10 cryptos
Bitcoin extended its rally and rose nearly 2%, with top 10 cryptocurrencies by market capitalization, excluding stablecoins, mostly higher on the day, led by Dogecoin’s 18% gain as Elon Musk’s purchase of Twitter neared completion.
![Education is best protection measure in blockchain tech, says Binance chief CZ 28 Binance CEO Changpeng Zhao (screen) at BWB2022 | Education is best protection measure in blockchain tech, says Binance chief CZ | Binance, changpeng zhao, binance cz](https://forkast.news/wp-content/uploads/2022/10/czbwb-1260x945.png)
Education is best protection measure in blockchain tech, says Binance chief CZ
Binance CEO Changpeng Zhao believes education is key to a wider, safer adoption of blockchain technology.
![FTX CEO Sam Bankman-Fried says action needed on global rules for cryptocurrencies 29 Sam Bankman-Fried at BWB2022 | FTX CEO Sam Bankman-Fried stresses need for global regulatory framework | sam bankman fried, sbf, ftx](https://forkast.news/wp-content/uploads/2022/10/sbf-1260x945.png)
FTX CEO Sam Bankman-Fried says action needed on global rules for cryptocurrencies
Bankman-Fried says the global crypto industry needs a “passporting” policy framework that lowers barriers for crypto businesses.
![Crypto a ‘better bet’ than gold, says Ethereum cofounder Vitalik Buterin 30 golden-ethereum-coin-3d-rendering-EF7DBD2](https://forkast.news/wp-content/uploads/2021/05/golden-ethereum-coin-3d-rendering-EF7DBD2-scaled.jpg)
Crypto a ‘better bet’ than gold, says Ethereum cofounder Vitalik Buterin
Ethereum founder Vitalik Buterin has called crypto “the better bet” over gold, and that “gold has less adoption than crypto.”
![SEC takes no position on two motions in support of Ripple in XRP lawsuit 31 Ripple coin image, court hammer](https://forkast.news/wp-content/uploads/2022/10/Ripple-Vs-SEC-Images-1-1-1260x709.jpg)
SEC takes no position on two motions in support of Ripple in XRP lawsuit
The SEC is not taking a position on two motions, submitted by non-profit organization Investor Choice Advocates Network and crypto wallet provider SpendTheBits, which seek to weigh in on the lawsuit between the SEC and Ripple.
![Gaming and NFTs will drive Web3 growth: Crypto.com COO 32 Crypto.com COO Eric Anziani at BWB2022 | Gaming and NFTs will drive Web3 growth: Crypto.com COO | crypto.com busan, south korea crypto](https://forkast.news/wp-content/uploads/2022/10/IMG-5555-1260x945.jpg)
Gaming and NFTs will drive Web3 growth: Crypto.com COO
The future of the burgeoning Web3 sector will be gaming and non-fungible tokens, said Eric Anziani of global digital asset exchange Crypto.com.
![Meta AR/VR arm adds to mounting losses for Facebook parent company 33 metaverse](https://forkast.news/wp-content/uploads/2021/11/metaverse.png)
Meta AR/VR arm adds to mounting losses for Facebook parent company
Meta’s metaverse division Reality Labs lost US$3.7 billion in the third quarter of this year, bringing its accumulated losses in 2022 to US$9.4 billion.
![Google to update legal compliance following lost criminal crypto exchange data 34 Person's shadow in front of the Google logo. Google to update legal compliance following lost criminal crypto exchange data](https://forkast.news/wp-content/uploads/2022/10/Google.image_-1260x855.jpg)
Google to update legal compliance following lost criminal crypto exchange data
Google agreed to improve its legal compliance process in a settlement with the U.S. Department of Justice after failing to produce data on the now-defunct crypto exchange BTC-e in 2016.
![More than just a JPEG? Digital Art Fair Hong Kong explores NFTs for data streaming and display 35 3D art sculpture _Meta Skull_ by Jacky Tsai displayed on LG Transparent OLED Screen at Digital Art Fair Xperience Hong Kong 2022. Image: Courtesy of Digital Art Fair](https://forkast.news/wp-content/uploads/2022/10/3D-art-sculpture-_Meta-Skull_-by-Jacky-Tsai-displayed-on-LG-Transparent-OLED-Screen-at-Digital-Art-Fair-Xperience-Hong-Kong-2022.-Image-Courtesy-of-Digital-Art-Fair.jpg)
More than just a JPEG? Digital Art Fair Hong Kong explores NFTs for data streaming and display
Pixelated pictures and cartoonish drawings have typically dominated the world of Non-Fungible Tokens (NFTs), but some exhibits at Hong Kong’s Xperience art fair show new means of applying the technology.
![A 100% reserve is a must for any stablecoin: Wemade CEO 36 Wemade CEO Henry Chang at BWB2022 | A 100% reserve is a must for any stablecoin: Wemade CEO | wemade stablecoin, wemix, wemix 3.0, wemix$](https://forkast.news/wp-content/uploads/2022/10/henrychangbwb-1260x945.png)
A 100% reserve is a must for any stablecoin: Wemade CEO
A stablecoin that is not stable is an ‘oxymoron,’ said Henry Chang, CEO of South Korea-based blockchain game developer Wemade.
![How Europe's MiCA can pave the way for crypto's revival 37 pile of cryptocurrency coins and European Union flag](https://forkast.news/wp-content/uploads/2022/10/Forkast-Opinion-Images-10-1260x710.png)
How Europe’s MiCA can pave the way for crypto’s revival
Europe’s new MiCA framework for regulating crypto shows the good that can happen when government works with and not against the industry, writes Nick Saponaro of Divi Labs.
![Markets: Bitcoin price nears US$21,000 amid market rally as Ether, Dogecoin lead gains 38 Bitcoin in sand. Markets: Bitcoin price nears US$21,000 amid market rally as Ether, Dogecoin lead gains](https://forkast.news/wp-content/uploads/2022/10/Bitcoin9-1-1260x841.jpg)
Markets: Bitcoin price nears US$21,000 amid market rally as Ether, Dogecoin lead gains
Bitcoin continued its price run higher in Thursday morning trading in Asia as it neared US$21,000. Ether and the rest of the top 10 cryptocurrencies by market capitalization, excluding stablecoins, also rose. The total crypto market cap exceeded US$1 trillion for the first time since mid-September. Leading memecoin Dogecoin was the best performer, while the […]
![Cash App users can now receive Bitcoin via the Lightning Network 39 Bitcoin coins and money on the business desk](https://forkast.news/wp-content/uploads/2022/10/Bitcoinmoney-1-1260x840.jpg)
Cash App users can now receive Bitcoin via the Lightning Network
Cash App users in the U.S. can now buy, send, and receive Bitcoin using the Lightning Network, directly within the app.
![Hong Kong crypto firm Q9 Capital gets Dubai provisional approval 40 Dubai](https://forkast.news/wp-content/uploads/2022/10/dubai-1260x945.jpg)
Hong Kong crypto firm Q9 Capital gets Dubai provisional approval
Hong Kong-based crypto investment firm Q9 Capital has received a provisional virtual asset approval from Dubai’s Virtual Asset Regulatory Authority (VARA), the company said on Wednesday in a statement shared with Forkast.
![Aptos debut underwhelms amid questions over design and performance 41 Aptos debut underwhelms amid questions over design and performance](https://forkast.news/wp-content/uploads/2022/10/All-three-1260x709.png)
Aptos debut underwhelms amid questions over design and performance
Top blockchain and crypto news: Aptos launch falls short. Why FTX chief is calling for crypto regulations. Is Hong Kong paving way for a retail CBDC?
![BIS’ mBridge shows CBDCs enhance cross-border payment efficiency: HKMA 42 Timeline shows the progress of the mBridge CBDC pilot project](https://forkast.news/wp-content/uploads/2022/10/Timmy-3.png)
BIS’ mBridge shows CBDCs enhance cross-border payment efficiency: HKMA
The pilot successfully executed real-value cross-border transactions involving four currencies and 20 commercial bank participants across four jurisdictions, the HKMA said.
![Singapore floats tests for retail crypto traders, plans to regulate stablecoins 43 singapore merlion](https://forkast.news/wp-content/uploads/2022/10/MAS-1260x751.jpg)
Singapore floats tests for retail crypto traders, plans to regulate stablecoins
The central bank is also considering options such as banning crypto firms from offering credit facilities, leverage or staking services to retail traders.
![Chinese blockchain firms conducting financial businesses may be violating PBOC guidelines 44 PBOC](https://forkast.news/wp-content/uploads/2021/07/Peoples_Bank_of_China_Headquarter_Beijing.jpeg)
Chinese blockchain firms conducting financial businesses may be violating PBOC guidelines
The People’s Bank of China (PBOC) has reminded financial technology (fintech) firms to comply with financial laws and regulations, in the central bank’s new set of guidelines released earlier this month.
![Markets: Bitcoin price hits three-week high; top 10 cryptos gain, led by Ether 45 US CPI FED crypto](https://forkast.news/wp-content/uploads/2022/10/USD-1260x840.jpg)
Markets: Bitcoin price hits three-week high; top 10 cryptos gain, led by Ether
Bitcoin posted a three-week high in afternoon trading in the Asia time zone. Ether led gains across all top 10 cryptocurrencies by market capitalization, with a 12% surge. Cardano’s ADA and Solana’s token also registered double-digit gains.
![US alleges Chinese spies used Bitcoin to bribe law enforcement officer 46 Guochun He (left) and Zheng Wang](https://forkast.news/wp-content/uploads/2022/10/Timmy-2-1.png)
US alleges Chinese spies used Bitcoin to bribe law enforcement officer
Two Chinese intelligence officers allegedly paid a double agent to help steal files related to a federal investigation into a China-based global telecom firm, reported to be Huawei.
![S.Korea’s Shinhan Securities lays groundwork toward hoped-for crypto expansion 47 Golden bitcoins and South Korea flag | S.Korea’s Shinhan Securities lays groundwork for hoped-for crypto expansion | shinhan securities, shinhan crypto](https://forkast.news/wp-content/uploads/2022/10/golden-bitcoins-and-south-korea-flag-2021-08-26-16-24-27-utc-2-1-1260x840.jpg)
S.Korea’s Shinhan Securities lays groundwork toward hoped-for crypto expansion
As a leading financial institution of South Korea, Shinhan is gearing up for business expansion into crypto — while a local ban remains on the books.
![Meta, Taiwan LGBT group launch NFTs for upcoming pride 48 NFTs featuring bubble tea images](https://forkast.news/wp-content/uploads/2022/10/bubble-tea.jpg)
Meta, Taiwan LGBT group launch NFTs for upcoming pride
Meta is collaborating with a Taiwan LGBT advocacy group and a local cryptocurrency exchange to issue charity NFTs as part of the Taiwan Pride celebration.
![UK lawmakers vote to regulate digital assets as financial instruments 49 coins Bitcoin, on a background of Great Britain and the British flag, concept of virtual money, close-up. Conceptual image of digital crypto currency.](https://forkast.news/wp-content/uploads/2022/10/coins-bitcoin-on-a-background-of-great-britain-an-2021-08-31-23-46-21-utc-1260x709.jpg)
UK lawmakers vote to regulate digital assets as financial instruments
Lawmakers in the British Parliament’s lower house voted in favor of recognizing cryptocurrency assets as regulated financial instruments and products Tuesday.
![Singapore court issues ‘huge’ NFT decision, allows papers to be served via blockchain 50 Singapore skyline. Singapore court issues ‘landmark’ NFT decision, allows papers to be served via blockchain](https://forkast.news/wp-content/uploads/2022/10/singapore-skyline-2021-08-26-18-13-05-utc-1260x840.jpg)
Singapore court issues ‘huge’ NFT decision, allows papers to be served via blockchain
The lead counsel for the plaintiff in the case has called Friday’s ruling a decision with implications for the global blockchain industry
![Australian 2022 budget confirms digital assets will not be taxed as foreign currency 51 Parliament of Australia against blue sky. Australian 2022 budget confirms digital assets will not be taxed as foreign currency](https://forkast.news/wp-content/uploads/2022/10/parliament-of-australia-2021-08-26-17-04-32-utc-1260x840.jpg)
Australian 2022 budget confirms digital assets will not be taxed as foreign currency
The Australian Government has clarified that cryptocurrency will continue to be taxed as an asset class instead of a foreign currency in its 2022 budget released on Tuesday.
![As US midterms approach, poll says voters want policy interests to align with crypto, technology 52 us capitol](https://forkast.news/wp-content/uploads/2022/07/us-capitol-1260x821.jpg)
As US midterms approach, poll says voters want policy interests to align with crypto, technology
Survey reveals popularity of crypto ownership among voters, their hopes for the industry’s growing potential and the need for regulation to protect consumers.
![Crypto.com, Gate.io sign on to boost Busan’s blockchain aspirations 53 Backdrop of Busan at night and gate.io, crypto.com logos | Crypto.com, Gate.io sign on to boost Busan’s blockchain aspirations | busan blockchain, crypto.com, gate.io](https://forkast.news/wp-content/uploads/2022/10/de-1260x945.png)
Crypto.com, Gate.io sign on to boost Busan’s blockchain aspirations
South Korea’s Busan signs agreements global cryptocurrency exchanges Crypto.com and Gate.io to grow the city’s blockchain ecosystem.
![Markets: Bitcoin price back above US$20,000, Ether jumps as U.K. votes to regulate crypto 54 Bitcoins stacked on a black back ground. Bitcoin back above US$20,000, Ether jumps as U.K. votes to regulate crypto](https://forkast.news/wp-content/uploads/2022/10/bitcoinnew-1-1260x840.jpg)
Markets: Bitcoin price back above US$20,000, Ether jumps as U.K. votes to regulate crypto
Bitcoin was trading above US$20,000 for the first time in almost three weeks on Wednesday morning trading in Asia.
![Reddit NFT trading volume hits all-time daily high as avatars sell out 55 Four Reddit NFT Avatars, on Reddit's NFT platform](https://forkast.news/wp-content/uploads/2022/10/Reddit-Avatars-1260x533.png)
Reddit NFT trading volume hits all-time daily high as avatars sell out
Reddit non-fungible token (NFT) avatar trade volumes hit an all-time high, with sales exceeding US$2.5 million in the past 24 hours.
![Markets: Bitcoin little changed, Ether rises, top 10 cryptos mixed, XRP leads losers 56 Bitcoin](https://forkast.news/wp-content/uploads/2022/10/Bitcoin11-1260x664.jpg)
Markets: Bitcoin little changed, Ether rises, top 10 cryptos mixed, XRP leads losers
Bitcoin traded flat on Tuesday afternoon in Asia hours, while Ether edged higher in a mixed day for prices among the top 10 cryptocurrencies by market capitalization, excluding stablecoins. XRP led the losers for the second consecutive day. Polygon’s Matic token held onto recent gains and Dogecoin also moved higher.
![Taiwan singer Annie Yi taps LGBT NFTs with artist son to advocate inclusion 57 Taiwanese singer Annie Yi and her artist son Harrison Yu. Theirsverse NFT](https://forkast.news/wp-content/uploads/2022/10/Timmy-2.png)
Taiwan singer Annie Yi taps LGBT NFTs with artist son to advocate inclusion
The singer-actress and son Harrison Yu said they launched the Theirsverse NFT brand in New York to engage marginalized groups in the early building of Web 3.0.
![HNWI, family offices to drive crypto adoption across Asia: KPMG, Aspen Digital report 58 Hong Kong cityscape | Hong Kong retail investors blocked from crypto spot ETFs](https://forkast.news/wp-content/uploads/2022/01/hong-kong-2021-08-29-12-12-38-utc-1260x840.jpg)
HNWI, family offices to drive crypto adoption across Asia: KPMG, Aspen Digital report
Family offices and high net worth individuals (HNWI) will drive the adoption of digital assets across Asia, according to a joint report by professional services firm KPMG China and Hong Kong-based crypto asset management platform Aspen Digital. See related article: Hong Kong, BIS explore CBDC-backed stablecoins in retail prototype Fast facts The report, largely based […]
![Apple will not allow NFTs to unlock in-app features 59 Apple logo and a seesaw with u.s. dollars on one hand, a bag labelled NFTs on the other | Apple will not allow NFTs used to unlock in-app features | apple nft, apple nft fee](https://forkast.news/wp-content/uploads/2022/10/applenft-1260x945.png)
Apple will not allow NFTs to unlock in-app features
Apple is allowing NFTs in applications, but will not allow them to be used to unlock in-app content or features.
![BIS, Goldman Sachs, HKMA test tokenized green bond project Genesis 2.0 60 Hong Kong skyline](https://forkast.news/wp-content/uploads/2021/11/HK-1260x709.jpg)
BIS, Goldman Sachs, HKMA test tokenized green bond project Genesis 2.0
Genesis 2.0 aims to explore tokenized carbon credits and IoT facilities to monitor green bond issuers’ emission-reducing commitment.
![Sam Bankman-Fried to refund FTX phishing victims — just this once 61 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 to refund FTX phishing victims — just this once
Cryptocurrency exchange FTX will reimburse US$6 million lost by users in a phishing attack over the weekend, according to founder Sam Bankman-Fried.
![Letter to Zuck: Meta, metaverse dreams must come down to earth 62 Mark Zuckerberg avatar and close-up of LED stock graph | Letter to Zuck: Meta, metaverse dreams need to come down to earth | mark zuckerberg, meta metaverse, altimeter capital](https://forkast.news/wp-content/uploads/2022/10/markrkr-1260x945.png)
Letter to Zuck: Meta, metaverse dreams must come down to earth
Meta shareholder Altimeter Capital’s CEO Brad Gerstner wrote a letter to Mark Zuckerberg suggesting a cut in headcount and in metaverse investments.
![The crypto industry needs to do more to help ordinary investors 63 investors discussing layered with cryptocurrency coins](https://forkast.news/wp-content/uploads/2022/10/Forkast-Opinion-Images-9-1260x710.png)
The crypto industry needs to do more to help ordinary investors
Cryptocurrency was created to be accessible to the masses. So why are retail investors getting shut out from the best analytical and trading tools?
![Markets: Bitcoin falls as mining difficulty hits record high, rest of crypto top 10 also decline 64 Bitcoin and cash on a black background Bitocin falls as mining difficulty hits record high](https://forkast.news/wp-content/uploads/2022/10/Bitcoinmoney-1260x840.jpg)
Markets: Bitcoin falls as mining difficulty hits record high, rest of crypto top 10 also decline
Bitcoin dipped in Tuesday morning trading in Asia, but held above the US$19,000 support line where it has been fluctuating for several weeks.
![Top “UK Crypto Hub” proponent Rishi Sunak to become prime minister 65 Rishi Sunak waves, among colleagues](https://forkast.news/wp-content/uploads/2022/10/Rishi-Sunak.-Image-Dan-Kitwood-Getty-Images.jpg)
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 mining difficulty logs new high, up 3.4% 66 Bitcoin and crypto mining farm. Big data center.](https://forkast.news/wp-content/uploads/2022/10/mining.jpg)
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.
![Hong Kong, BIS explore CBDC-backed stablecoins in retail prototype 67 View of Hong Kong skyline form Victoria Peak, Hong Kong](https://forkast.news/wp-content/uploads/2022/10/HK-1.jpg)
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.
![Markets: Bitcoin gains, Polygon leads top 10 crypto; Hong Kong stocks plunge 68 Hong Kong skyline](https://forkast.news/wp-content/uploads/2021/11/HK-1260x709.jpg)
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 […]
![Is crypto dead? No, but doomsayers may profit from your panic 69 arrows and graphs showing stock market crash with various cryptocurrencies](https://forkast.news/wp-content/uploads/2022/10/Forkast-Opinion-Images-6-1260x710.png)
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.
![SEC asks court to deny Ripple motion for summary judgment in XRP lawsuit 70 Court hammer, XRP token | SEC asks court to deny Ripple motion for summary judgment in XRP lawsuit](https://forkast.news/wp-content/uploads/2022/10/Ripple-Vs-SEC-Images-3-1260x709.jpg)
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.
![‘Chinese Netflix’ iQIYI taps smart contract ERC-3475 to resolve copyright disputes 71 nft](https://forkast.news/wp-content/uploads/2022/07/nft-1260x841.jpg)
‘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.
![South Korea’s MIR4 maker Wemade launches stablecoin 72 Wemade's MIR4 | South Korea’s MIR4 maker WEMADE launches stablecoin | wemade, wemix 3.0, wemade stablecoin, mir4](https://forkast.news/wp-content/uploads/2022/10/mir4block-1260x945.png)
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.