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![SEC's Gensler warns of crypto risks amid Bitcoin ETF buzz 1 SEC Chair Gensler Testifies Before Senate Banking Committee](https://forkast.news/wp-content/uploads/2022/06/Gensler-1260x841.jpg)
SEC’s Gensler warns of crypto risks amid Bitcoin ETF buzz
SEC Chair Gary Gensler cautions about cryptocurrency volatility, highlighting investor protection concerns, as his agency nears a decision on spot Bitcoin ETF applications.
![MakerDAO’s Christensen wants to make DAOs fun again. He’s not alone. 2 Rune Christensen](https://forkast.news/wp-content/uploads/2023/11/Rune-Christensen-1260x839.jpg)
MakerDAO’s Christensen wants to make DAOs fun again. He’s not alone.
Projects are rethinking how to make DAOs more fun and less disappointing.
![Let's use Web3 to grow projects that fight climate change 3 blockchain and climate change](https://forkast.news/wp-content/uploads/2023/10/FORKAST-IMAGES-1-1260x710.png)
Let’s use Web3 to grow projects that fight climate change
The most promising carbon offset programs can still wither and die from financing distress. Blockchain technology can help them survive and bear fruit.
![What asset tokenization will look like in 2024 and beyond 4 cryptocurrency tokens and coins](https://forkast.news/wp-content/uploads/2023/11/FORKAST-IMAGES-4-1260x710.png)
What asset tokenization will look like in 2024 and beyond
Tokenization is on the rise not only in the private sector. In Asia, governments are leading the charge to use this technology for the greater public good.
![From Silicon Valley to Sand Dunes: Why Indian crypto firms eye Dubai expansion 5 Dubai skyline](https://forkast.news/wp-content/uploads/2022/03/jumeirah-beach-view-with-7-star-hotel-burj-al-arab-2021-08-26-18-55-17-utc-1260x837.jpg)
From Silicon Valley to Sand Dunes: Why Indian crypto firms eye Dubai expansion
Indian crypto companies flock to Dubai, escaping high local taxes and finding solace in the emirate’s favorable regulatory environment.
![Blockchain can transform the real estate business — if we remove the roadblocks in its way 6 blockchain and real estate](https://forkast.news/wp-content/uploads/2023/09/FORKAST-IMAGES-1-1260x710.png)
Blockchain can transform the real estate business — if we remove the roadblocks in its way
From reducing paperwork to verifying title quickly, blockchain technology promises to overhaul the age-old industry. But it faces regulatory hurdles and resistance by those who profit from inefficiency.
![How ancient battles are shaping our global financial future 7 global financial data](https://forkast.news/wp-content/uploads/2023/11/FORKAST-IMAGES-1-1260x710.png)
How ancient battles are shaping our global financial future
Our 21st century economy still rides on old, slow and costly financial rails. Here’s how blockchain technology can build a network of monetary superhighways.
![Is Ethereum once again a victim of its own success? 8 Ethereum](https://forkast.news/wp-content/uploads/2023/11/FORKAST-IMAGES-3-1260x710.png)
Is Ethereum once again a victim of its own success?
A year after the Merge made Ethereum even more popular, the network now faces the perils of a staking-fueled liquidity crunch. What are the alternatives?
![UBS allows crypto ETFs for Hong Kong investors with at least US$2 mln assets 9 Hong Kong Skyline. | Singapore-based crypto unicorn Amber Group slashes Hong Kong workforce, SCMP reports](https://forkast.news/wp-content/uploads/2023/01/HongKong-1-1260x840.jpg)
UBS allows crypto ETFs for Hong Kong investors with at least US$2 mln assets
Three SFC-authorized crypto ETFs will be available on UBS’ Hong Kong platform.
![ICBC forced to trade with USB drive due to ransomware attack 10 hack NFT](https://forkast.news/wp-content/uploads/2022/08/hacker-1260x841.jpg)
ICBC forced to trade with USB drive due to ransomware attack
ICBC was disconnected from its trading partners after a cyberattack.
![Blackrock files for Ether ETF: ETH tops US$2,100 11 BlackRock](https://forkast.news/wp-content/uploads/2023/06/GettyImages-462980803.jpg)
Blackrock files for Ether ETF: ETH tops US$2,100
BlackRock’s Ether ETF filing comes as the U.S. SEC entered an eight-day window to potentially approve pending Bitcoin ETF applications.
![Ether breaches US$2,000 as BlackRock registers iShares Ethereum Trust entity 12 Symbolic coins of bitcoin on banknotes of one hundred dollars. Exchange bitcoin cash for a dollar.](https://forkast.news/wp-content/uploads/2023/09/bitcoin-1260x840.jpg)
Ether breaches US$2,000 as BlackRock registers iShares Ethereum Trust entity
Ether rose to an over six-month high of US$2,045.
![FTT up 65% after SEC’s Gensler hints FTX restart 13 Treasury Secretary Janet Yellen Hosts Financial Stability Oversight Council Event | Blockchain Association joins Coinbase in pushing back against SEC over crypto crackdown](https://forkast.news/wp-content/uploads/2023/06/GettyImages-1430133338-1-1260x840.jpg)
FTT up 65% after SEC’s Gensler hints FTX restart
FTT rose over 65% despite FTX founder Sam Bankman-Fried’s guilty verdict last week.
![SEC in talks with Grayscale for Bitcoin ETF: CoinDesk 14 Grayscale logo in front of physical models of Bitcoin](https://forkast.news/wp-content/uploads/2022/11/Grayscale-1260x709.png)
SEC in talks with Grayscale for Bitcoin ETF: CoinDesk
The SEC has reportedly been in contact with Grayscale since its court victory in August.
![Taiwan identifies new suspects in alleged JPEX fraud case: report 15 Judge's gavel with books and statue of Justice scales on law office working law document](https://forkast.news/wp-content/uploads/2023/09/binance-1260x840.jpg)
Taiwan identifies new suspects in alleged JPEX fraud case: report
Prosecutors have reportedly identified new suspects after searching nine locations related to JPEX.
![Can spot Bitcoin ETFs push Hong Kong to the crypto throne? 16 Can spot Bitcoin ETFs push Hong Kong to the crypto throne](https://forkast.news/wp-content/uploads/2023/11/Can-spot-Bitcoin-ETFs-push-Hong-Kong-to-the-crypto-throne-1260x710.png)
Can spot Bitcoin ETFs push Hong Kong to the crypto throne?
Top blockchain and crypto news: Hong Kong mulls Bitcoin ETFs, Ordinals flip Ethereum NFTs, IPO comes full circle.
![Grassroots crypto adoption to follow real-world use cases, says Chainalysis APAC policy lead 17 Chainalysis](https://forkast.news/wp-content/uploads/2022/03/Screenshot-34-1260x557.png)
Grassroots crypto adoption to follow real-world use cases, says Chainalysis APAC policy lead
Blockchain-based gaming and remittances among top drivers toward adoption in central and South Asia.
![Standard Chartered’s SC Ventures, SBI Holdings launch crypto investment firm in UAE 18 Dubai panorama at sunset, UAE](https://forkast.news/wp-content/uploads/2021/09/dubai-panorama-at-sunset-uae-Z4845ZT-1260x840.jpg)
Standard Chartered’s SC Ventures, SBI Holdings launch crypto investment firm in UAE
The move is part of SC Ventures’ expansion into the United Arab Emirates.
![Bitcoin breaks US$36,000 as SEC enters potential ETF approval period 19 Bitcoin Ethereum NFT](https://forkast.news/wp-content/uploads/2023/09/Bitcoin-Ethereum-NFT-1260x706.png)
Bitcoin breaks US$36,000 as SEC enters potential ETF approval period
Bitcoin is up over 32% in the past month.
![EBA proposes new liquidity guidelines for stablecoin issuers 20 European Union concept with gavel and brown paper with the word legislation](https://forkast.news/wp-content/uploads/2023/01/Forkast-Opinion-Images-2-1260x710.png)
EBA proposes new liquidity guidelines for stablecoin issuers
The proposed guidelines will work as a liquidity stress test for stablecoin issuers, according to the EBA.
![HSBC plans tokenized securities custody service with Ripple’s Metaco 21 HSBC](https://forkast.news/wp-content/uploads/2021/08/FF_HSBC-1260x801.jpg)
HSBC plans tokenized securities custody service with Ripple’s Metaco
HSBC’s new service is expected to launch in 2024.
![Binance introduces self-custody Web3 wallet 22 Binance logo](https://forkast.news/wp-content/uploads/2023/03/binance-1.jpg)
Binance introduces self-custody Web3 wallet
Binance said it aims to onboard the next billion Web3 users with its new wallet.
![Circle reportedly considering 2024 IPO: Bloomberg 23 Circle’s reserve breakdown shows US$13.58B cash and US$42.12B U.S. Treasurys](https://forkast.news/wp-content/uploads/2022/07/52196963136_2eca3c7ede_o.jpg)
Circle reportedly considering 2024 IPO: Bloomberg
Circle has previously tried to go public through a blank-check deal back in 2022.
![Ripple partners with Onafriq for African cross-border payment channels 24 Ripple down 3.5% after 1B XRP unlocked from escrow](https://forkast.news/wp-content/uploads/2022/08/52072644973_820cbdf81d_o-1260x709.jpg)
Ripple partners with Onafriq for African cross-border payment channels
The partnership aims to reduce the high costs and lengthy transfer times associated with traditional remittance payments.
![SEBA crypto bank receives license in Hong Kong 25 Tourist junk boat ferry with red sails and Hong Kong skyline cityscape downtown skyscrapers over Victoria Harbour in the evening. Hong Kong, China](https://forkast.news/wp-content/uploads/2023/05/Hong-kong-1260x840.jpg)
SEBA crypto bank receives license in Hong Kong
Hong Kong’s legal system provides a solid foundation for crypto-related services, said SEBA Group CEO Franz Bergmueller.
![NFTs are mainstream again? 26 PASADENA, CA - AUGUST 6: The Simpsons characters from Fox's The Simpsons "Best . 20. Years. Ever." breakfast are displayed during the Fox Network portion of the 2009 Summer Television Critics Association Press Tour at The Langham Huntington Hotel & Spa on August 6, 2009 in Pasadena, California.](https://forkast.news/wp-content/uploads/2023/11/The-Simpsons-NFT.jpg)
NFTs are mainstream again?
The Simpsons dedicates its annual Halloween special to NFTs, as data signals continued uptrend in the NFT market.
![What we can learn from the sunsetting of Reddit’s crypto rewards program 27 Reddit sunsetting](https://forkast.news/wp-content/uploads/2023/11/FORKAST-IMAGES-2-1260x710.png)
What we can learn from the sunsetting of Reddit’s crypto rewards program
Reddit’s shortsightedness and fixation on profits ultimately led it to pull the plug on Community Points. But here’s why Reddit should still be commended.
![Dubai calls on crypto firms to finalize applications by Nov. 17 28 Dubai UAE crypto](https://forkast.news/wp-content/uploads/2022/10/dubai-marina-1260x814.jpg)
Dubai calls on crypto firms to finalize applications by Nov. 17
Over 1,000 crypto firms will have to complete their applications by Nov. 17 to avoid regulatory consequences.
![Mitsubishi UFJ launches joint stablecoin study with Ginco, Progmat 29 Man walking past Mitsubishi UFJ headquarters | Japan’s Mitsubishi UFJ to issue yen-pegged stablecoin: report](https://forkast.news/wp-content/uploads/2022/02/GettyImages-82983254-1260x818.jpg)
Mitsubishi UFJ launches joint stablecoin study with Ginco, Progmat
The joint study aims to create the infrastructure for issuing regulatory-compliant stablecoins for improved cross-border settlement.
![Bitcoin transaction fees reach 5-month high, Ordinals surpass 38 mln inscriptions 30 D.C. Court of Appeals greenlights Grayscale’s bid for Bitcoin ETF](https://forkast.news/wp-content/uploads/2023/08/Bitcoin-ETF-Grayscale-1260x706.png)
Bitcoin transaction fees reach 5-month high, Ordinals surpass 38 mln inscriptions
The last time Bitcoin transaction fees were this high was on June 6.
![Dubai’s ascent to fintech, Web3 and AI dominance 31 Dubai-International-Finance-Centre](https://forkast.news/wp-content/uploads/2023/11/Dubai-International-Finance-Centre-1260x883.jpg)
Dubai’s ascent to fintech, Web3 and AI dominance
While Hong Kong and Singapore compete for the top spot, Dubai is already shaping the future of fintech and Web3, writes Mohammad Alblooshi, chief executive officer of the DIFC Innovation Hub.
![Moody’s unveils AI that predicts stablecoin depegging 32 AI chip](https://forkast.news/wp-content/uploads/2023/02/circuit-board-and-ai-micro-processor-artificial-i-2022-12-16-12-04-25-utc-1260x709.jpg)
Moody’s unveils AI that predicts stablecoin depegging
The artificial intelligence service is designed to predict the depegging of stablecoins in 24-hours.
![Proof Group among three top bidders for FTX relaunch: report 33 ftx logo and office background | FTX says it has over US$1B in cash assets | sam bankman fried, ftx](https://forkast.news/wp-content/uploads/2022/12/ftx-1260x945.png)
Proof Group among three top bidders for FTX relaunch: report
Proof Group is also part of the group that won the bid for bankrupt crypto lender Celsius.
![Bank of England, FCA to regulate sterling-denominated stablecoins 34 UK flag and Big Ben | U.K. financial reform bill to regulate crypto assets passes into law after ‘Royal Assent’ | UK, Regulation & Law, crypto regulations](https://forkast.news/wp-content/uploads/2023/06/GettyImages-633307390-1260x840.jpg)
Bank of England, FCA to regulate sterling-denominated stablecoins
The central bank expects to release the final set of regulations by 2025.
![Yuga Labs, Magic Eden to launch Ethereum NFT marketplace with enforced royalties 35 NFT cryptocurrency peaks and bottoms](https://forkast.news/wp-content/uploads/2023/10/NFT-cryptocurrency-peaks-and-bottoms-1260x706.png)
Yuga Labs, Magic Eden to launch Ethereum NFT marketplace with enforced royalties
Magic Eden Ethereum will be the first major marketplace to contractually obligate creator royalties.
![SBF conviction closes “dark chapter” in crypto: Yat Siu 36 Animoca Brands co-founder and chairman Yat Siu | Animoca Brands slashes Web3 fund target to US$1B: Bloomberg | ftx, animoca brands, star atlas](https://forkast.news/wp-content/uploads/2023/11/Yat-siu-1260x708.png)
SBF conviction closes “dark chapter” in crypto: Yat Siu
Siu said this marks the crypto industry’s evolution from the FTX collapse and the Terra-Luna meltdown.
![Is Hong Kong really in the forefront of the global digital money race? 37 E-HKD](https://forkast.news/wp-content/uploads/2023/11/1-1260x710.png)
Is Hong Kong really in the forefront of the global digital money race?
Hong Kong is charging ahead in its digital currency initiatives, but more must be done to address the e-HKD’s environmental impact and security concerns.
![Bitcoin up 0.25% as U.S. jobs creation slows 38 Bitcoin ETF silver bullet](https://forkast.news/wp-content/uploads/2023/10/Bitcoin-Silverbullet-4-1260x706.png)
Bitcoin up 0.25% as U.S. jobs creation slows
Bitcoin was trading above US$34,000, as the decreasing job creation in the U.S. fueled hopes of another interest rate pause.
![Okto pledges US$5 mln to support Vauld users 39 Creditors take hostile action as crypto firm Vauld seeks bankruptcy protection](https://forkast.news/wp-content/uploads/2022/07/vauld-1-1260x709.jpg)
Okto pledges US$5 mln to support Vauld users
The US$5 million fund aims to help Vauld users who can’t withdraw their assets from the platform.
![SOL up over 21% in a year since Alameda’s balance sheet hole came to light 40 Sellers of Solana NFTs outpace buyers in May, Solana logo over charts](https://forkast.news/wp-content/uploads/2022/05/Solana-1-1260x841.png)
SOL up over 21% in a year since Alameda’s balance sheet hole came to light
SOL rose over 319% in 2023 so far, despite concerns around FTX’s lawsuit.
![XRP approved by Dubai’s Financial Services Authority 41 XRP coin | Bitcoin, Ether surge after Ripple notched partial win against SEC; Ripple’s XRP leads crypto rally | Markets, BTC - Bitcoin, ETH - Ethereum, XRP, NFT - Non-Fungible Token](https://forkast.news/wp-content/uploads/2023/07/ripple-xrp-coin-on-black-gravel-background-2022-12-16-11-12-44-utc-1260x840.jpg)
XRP approved by Dubai’s Financial Services Authority
The XRP token now stands to benefit from legal and regulatory clarity in the DIFC, according to the announcement.
![Sam Bankman-Fried found guilty on all charges 42 SBF trial](https://forkast.news/wp-content/uploads/2023/10/GettyImages-1249941693.jpg)
Sam Bankman-Fried found guilty on all charges
Bankman-Fried’s sentencing hearing is scheduled for March 28, 2024.
![PayPal subpoenaed by SEC over PYUSD Stablecoin 43 PayPal](https://forkast.news/wp-content/uploads/2021/07/FF_PPal-1260x838.jpg)
PayPal subpoenaed by SEC over PYUSD Stablecoin
PayPal said that it is collaborating with the SEC’s request.
![ProShares launches short Ether ETF 44 Bitcoin ETF | SEC accepts BlackRock’s Bitcoin ETF application for review | ETF, BlackRock, U.S., BTC-Bitcoin, Regulation & Law](https://forkast.news/wp-content/uploads/2023/07/cryptocurrency-etf-concept-2022-12-16-11-17-31-utc-1260x840.jpg)
ProShares launches short Ether ETF
The new ETF will offer investors short exposure to Ether.
![PayPal registers crypto service with UK FCA 45 SAN JOSE, CALIFORNIA - FEBRUARY 02: A sign is posted in front of PayPal headquarters | PayPal launches fully backed and regulated USD stablecoin on Ethereum](https://forkast.news/wp-content/uploads/2023/08/GettyImages-1461793985-1260x796.jpg)
PayPal registers crypto service with UK FCA
The registration enables PayPal to advertise its crypto services to U.K. customers.
![Tether offers US$610 mln debt financing facility to German Bitcoin miner Northern Data 46 Tether coin](https://forkast.news/wp-content/uploads/2022/08/tether.jpg)
Tether offers US$610 mln debt financing facility to German Bitcoin miner Northern Data
Tether extends US$610 million loan to boost Northern Data’s AI and Bitcoin mining operations.
![SBF trial drama fails to dampen Bitcoin's meteoric October 47 Sam Bankman-Fried Bitcoin Uptober price](https://forkast.news/wp-content/uploads/2023/11/FORKAST-IMAGES-1260x710.png)
SBF trial drama fails to dampen Bitcoin’s meteoric October
Top blockchain and crypto news: Bankman-Fried’s memory lapses, betting on the return of NFTs, ETF dreams and Bitcoin’s Uptober
![SBF trial enters final stage; Bankman-Fried lied about spending customer funds, prosecutors say in closing arguments 48 WASHINGTON, DC - DECEMBER 08: CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee at Rayburn House Office Building on Capitol Hill December 8, 2021 in Washington, DC. The committee held a hearing on "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States." (Photo by Alex Wong/Getty Images)](https://forkast.news/wp-content/uploads/2022/12/GettyImages-1357912812-1260x840.jpg)
SBF trial enters final stage; Bankman-Fried lied about spending customer funds, prosecutors say in closing arguments
Bankman-Fried trial nears end: defense claims good faith as prosecution alleges misuse of funds.
![Nomura-backed Komainu partners Crypto Garage for institutional crypto services 49 japanese cherry blossom tree along a scenic view](https://forkast.news/wp-content/uploads/2023/10/Japan-cherry-blossom-trading-house-2-1260x706.png)
Nomura-backed Komainu partners Crypto Garage for institutional crypto services
The collaboration aims to build institutional crypto services in Japan.
![Circle to cease USDC minting for retail customers 50 Circle Internet Financial logo in front of cryptocurrencies laid on gravel | Circle says US$3.3 bln USDC reserve at SVB available Monday, announces partnership with Cross River | circle usdc, silicon valley bank, silvergate, signature bank](https://forkast.news/wp-content/uploads/2023/03/Untitled-design-18-1260x709.jpg)
Circle to cease USDC minting for retail customers
Circle said the account closures do not apply to businesses or institutional Circle Mint accounts.
![SBF examined over “cozy relationship” with Bahamian government in fraud trail 51 FTX founder Sam Bankman-Fried exits a Manhattan Federal Court](https://forkast.news/wp-content/uploads/2023/08/FTX-founder-Sam-Bankman-Fried-exits-a-Manhattan-Federal-Court.jpg)
SBF examined over “cozy relationship” with Bahamian government in fraud trail
This marked Bankman-Fried’s fourth and final day of testimony before Wednesday’s closing arguments.
![How blockchain can fortify children's online safety 52 child online safety](https://forkast.news/wp-content/uploads/2023/10/FORKAST-IMAGES-7-1260x710.png)
How blockchain can fortify children’s online safety
Colossal failures in online age verification have opened the floodgates for kids to access harmful content and become ‘friends’ with adult strangers. Can encrypted decentralized IDs put a stop to all that?
![NFT's October treat 53 abstract NFT](https://forkast.news/wp-content/uploads/2023/08/Forkast-Opinion-Images-2-8-1260x710.png)
NFT’s October treat
October sees NFT resurgence with US$300 million in sales despite negative trade profits; SoFi platforms face challenges amid financial scrutiny.
![Mad Lads creator Backpack to launch licensed crypto exchange in Dubai 54 DUBAI, UAE - MAR 18, 2014: Famous Jumeirah beach view with 7 star hotel Burj Al Arab, Dubai, United Arab Emirates](https://forkast.news/wp-content/uploads/2023/06/dubai-1260x837.jpg)
Mad Lads creator Backpack to launch licensed crypto exchange in Dubai
Backpack said it also secured operational licenses in other jurisdictions.
![‘Uptober’ narrative saved by spot Bitcoin ETF bounce 55 Bitcoin October Uptober Autumn](https://forkast.news/wp-content/uploads/2023/10/Bitcoin-October-Uptober-Autumn-1260x706.png)
‘Uptober’ narrative saved by spot Bitcoin ETF bounce
Often dismissed as coincidence, October has once again produced an upswing in the crypto market, with excitement around a potential U.S. spot Bitcoin ETF to thank for this year’s ‘Uptober.’
![Sam Bankman-Fried’s credibility questioned by prosecutors during cross-examination 56 FTX founder Sam Bankman-Fried. Image: Getty Images](https://forkast.news/wp-content/uploads/2023/02/GettyImages-1245786421.jpg)
Sam Bankman-Fried’s credibility questioned by prosecutors during cross-examination
Prosecutors pointed out inconsistencies in Bankman-Fried’s public statements before FTX collapsed in a four-hour grilling.
![Singapore, Japan, Switzerland and U.K. to collaborate on digital assets pilots 57 Downtown Singapore.](https://forkast.news/wp-content/uploads/2023/09/IMG-4893-1260x945.jpg)
Singapore, Japan, Switzerland and U.K. to collaborate on digital assets pilots
The MAS said that its previous tokenization pilots demonstrated great potential benefits of the technology.
![UK plans to introduce fiat-backed stablecoin rules in early 2024 58 flag of UK and the word crypto on a magnifying glass](https://forkast.news/wp-content/uploads/2022/09/Forkast-Opinion-Images-5-1260x710.png)
UK plans to introduce fiat-backed stablecoin rules in early 2024
The U.K. intends to introduce rules on fiat-backed stablecoins in early 2024, according to the government’s latest cryptocurrency policy update published on Monday. See related article: Singapore, Thailand clarify crypto rules; NFTs become new cultural frontier Fast Facts See related article: Blockchain tech in Thailand gets boost from new pro-crypto lead
![Standard Chartered’s Zodia Custody to launch in Hong Kong 59 Standard Chartered Bank](https://forkast.news/wp-content/uploads/2022/11/stanchart-1260x838.jpg)
Standard Chartered’s Zodia Custody to launch in Hong Kong
The move is part of an Asia Pacific expansion effort by the cryptocurrency custodian.
![Thailand’s Kasikorn Bank buys majority stake in Satang crypto exchange 60 zipmex thai sec](https://forkast.news/wp-content/uploads/2022/09/thai-1260x840.jpg)
Thailand’s Kasikorn Bank buys majority stake in Satang crypto exchange
The lender, known as K-bank, said it will also open three additional crypto subsidiaries.
![Web2 social media is in a race to the bottom. Web3 can do better 61 social media icons](https://forkast.news/wp-content/uploads/2023/10/FORKAST-IMAGES-10-1260x710.png)
Web2 social media is in a race to the bottom. Web3 can do better
Platforms like Facebook, Reddit and the hot mess formerly known as Twitter are alienating users like never before. ‘Web3 doesn’t let you be a dick and get away with it,’ writes Joonatan Lintala, CEO of Phaver.
![Take two: Sam Bankman-Fried testifies, for real this time 62 SBF trial](https://forkast.news/wp-content/uploads/2023/10/GettyImages-1249941693.jpg)
Take two: Sam Bankman-Fried testifies, for real this time
FTX founder Sam Bankman-Fried denied defrauding anyone as he took to the stand in his criminal trial.
![Neo sets sights on DeFi, unveils EVM-compatible sidechain 63 Neo founder Da Hongfei during his speech at Neo's APAC hackathon's](https://forkast.news/wp-content/uploads/2023/10/Neo-Da-Hongfei-1260x945.jpg)
Neo sets sights on DeFi, unveils EVM-compatible sidechain
Neo’s new sidechain hopes to counter MEV attacks to mitigate exploits and manipulations.
![Taiwan introduces crypto regulation proposal 64 Taipei Taiwan Skyline](https://forkast.news/wp-content/uploads/2023/03/Taiwan.jpg)
Taiwan introduces crypto regulation proposal
Taiwan’s new bill mandates crypto platform permits, addressing self-regulation gaps.
![Sam Bankman-Fried’s testimony gets a test run as the defense presents its case 65 SBF trial](https://forkast.news/wp-content/uploads/2023/10/GettyImages-1607950827.jpg)
Sam Bankman-Fried’s testimony gets a test run as the defense presents its case
In a rare move, Judge Lewis Kaplan sent the jury home early so he can decide what is and isn’t admissible in FTX founder Sam Bankman-Fried’s testimony.
![Bitcoin soars amid buzz of potential ETF approval: Is a crypto renaissance on the horizon? 66 BTC ETF Parity](https://forkast.news/wp-content/uploads/2023/10/BTC-ETF-Parity-1260x710.png)
Bitcoin soars amid buzz of potential ETF approval: Is a crypto renaissance on the horizon?
Top blockchain and crypto news: Bitcoin ETF potential pumps life in markets. Ethereum NFTs back on rise. Major industry layoffs continue.
![Mastercard explores partnerships with crypto wallets MetaMask, Ledger: CoinDesk 67 mastercard](https://forkast.news/wp-content/uploads/2021/07/FF_Mastercard-1260x838.jpg)
Mastercard explores partnerships with crypto wallets MetaMask, Ledger: CoinDesk
Mastercard’s potential tie up with custody service providers may turbocharge crypto wallets’ growth with its global payments prowess.
![NFTs dressing up as a bull? 68 NFTs bull](https://forkast.news/wp-content/uploads/2023/10/NFTs-bull-1260x706.png)
NFTs dressing up as a bull?
Amid Bitcoin’s ‘Uptober’ surge and Friend.tech’s security concerns, traders pivot back to NFTs, spurred by Blur’s rewards end date and potential Bitcoin ETF approvals.
![US spot Bitcoin ETFs — crypto’s silver bullet? 69 Bitcoin ETF silver bullet](https://forkast.news/wp-content/uploads/2023/10/Bitcoin-Silverbullet-4-1260x706.png)
US spot Bitcoin ETFs — crypto’s silver bullet?
Amid news, fake or otherwise, of an imminent approval for at least one spot Bitcoin ETF, Bitcoin’s price has skyrocketed. Could a year of pain in the crypto industry be over?
![Parity Technologies, Polkadot blockchain developer, lays off 30% of staff 70 Polkadot](https://forkast.news/wp-content/uploads/2021/02/Polkadot-Decrypt.jpg)
Parity Technologies, Polkadot blockchain developer, lays off 30% of staff
Parity CEO Björn Wagner said that despite the need for layoffs, the company’s financial health “remains robust.”
![Dark Side of the $MOON: What the collapse of Reddit Community Points teaches us about Web3 tokenomics 71 $MOON and Reddit](https://forkast.news/wp-content/uploads/2023/10/FORKAST-IMAGES-9-1260x710.png)
Dark Side of the $MOON: What the collapse of Reddit Community Points teaches us about Web3 tokenomics
To quell the uproar over the imminent death of a popular rewards program, Reddit is blaming ‘scalability’ and regulatory woes. But the real culprit is Reddit itself for failing to make its tokens sustainable, writes Fabio Galbi, CEO of VSC.
![Binance loses two more top execs in UK and France 72 Binance logo](https://forkast.news/wp-content/uploads/2023/03/binance-1.jpg)
Binance loses two more top execs in UK and France
Global regulatory pressure on the world’s largest exchange continues to take its toll.