Archives
Huobi Asset Management launches crypto tracker funds with SFC’s help
Huobi’s institutional-grade crypto funds will invest in Bitcoin, Ether and crypto mining now that Hong Kong’s ‘very friendly’ regulators gave their thumbs up.
How Singapore transformed from fishing village to crypto powerhouse
The Lion City’s status as Asia’s crypto haven was no accident, writes Shaun Djie of Digix. What can other countries learn from Singapore’s fintech success?
Is Dogecoin’s price boom over? Investors punish Bitcoin and crypto market. Edward Snowden’s $5 million NFT.
Other top blockchain and cryptocurrency news: Can China be warming up to digital assets and crypto investing? Ethereum ETFs roll out in Canada.
How China’s DCEP digital yuan could reshape geopolitics and change the world
One year after China unveiled a digital currency via testing, its potential for displacing dollar diplomacy is becoming more understood. Is the US worried yet?
New ASEAN Blockchain Consortium forms to champion blockchain
Blockchain organizations from Australia and five Southeast Asian nations join forces for blockchain advocacy, public education and talent development.
Why Bitcoin’s carbon footprint may not be bad as you might think
As we observe Earth Day, let’s not scapegoat cryptocurrency. The truth about renewable energy and electricity use by banking and gold may surprise you.
While supporters rally to mark “Dogeday 4/20” – Here’s the weird history of Dogecoin
From controversial meme-coin to the 5th largest digital asset. Is Dogecoin a joke or the future of cryptocurrency?
12,600 XRP holders demand their day in court in SEC v. Ripple lawsuit
XRP investors and users ask to join SEC’s lawsuit against Ripple as third-party defendant. ‘Without our intervention, we are without a voice in the debate.’
Ethereum ETFs come to Canada while US waits for SEC on Bitcoin ETFs
While the US has pondered Bitcoin ETFs since 2013, Canada is now moving on to Ethereum ETFs — with 3 new Ether funds launching in the next 24 hours.
What is Bitcoin’s environmental impact — and what are the solutions?
The recent steep rise in Bitcoin and Ethereum prices has also led to more crypto mining and energy-consumption, much of it still powered by coal.
Crypto assets should be regulated as “alternative investments”, China’s central bank officials said
China’s central bank is exploring a new stance towards Bitcoin and other cryptocurrencies, now calling them investment vehicles – but not currency
Coinbase sell-off triggers crypto market panic as Dogecoin prices soar
Were the weekend’s falling BTC, ETH and XRP prices a cryptocurrency market crash or just a correction — and why is DOGE escaping investors’ wrath?
Why new SEC chief Gary Gensler may be Biden’s gift to crypto industry
Are digital assets securities or commodities? Outdated laws offer no clarity, but US is now poised to reform blockchain regulations and lead world by example.
Ripple accuses SEC of ‘intimidation tactic’ in seeking XRP info overseas
Battlefield for SEC v. Ripple lawsuit goes global as defense lawyers seek to stop SEC from obtaining information on Ripple and XRP from foreign regulators.
One year after China began testing its digital yuan, China watchers wonder how close it is to launching?
Look for nifty DCEP wallets to make a debut at the 2022 Beijing Olympics
Dogecoin’s price no joke as DOGE rallies to become 8th largest cryptocurrency
The “joke” cryptocurrency has surged from less than a cent to hit a price of around US$0.25 today with a 24-hour trading volume of US$34.6 billion.
Ethereum’s Berlin upgrade goes live. What’s next for Ethereum?
ETH surged to a new all-time high with Ethereum’s Berlin hard fork. Will improving gas fees ward off Ethereum competitors like Binance Smart Chain?
Are Bitcoin ETFs ready to party? Line is growing at SEC’s gate.
Bitcoin’s soaring prices are attracting traditional investors who want in, but with an entourage rather than solo. When will the velvet ropes lift in US and Asia?
Swire Properties series focuses on food and sustainability
Healthy food chain SaladStop! assesses the carbon footprint of food production and incentivizes customers to bring their own bowls. What can other retailers learn from this?
Japan explores digital currency but is loathe to commit
Despite launching CBDC research, Bank of Japan is still not sure nation needs digital yen. Experts fear the caution could cost Japan its competitive edge.
Ripple partners with Novatti to use XRP for remittances in Asia Pacific
Despite its legal troubles in the US, Ripple expands XRP’s uses in Southeast Asia’s lucrative and fast-growing international money transfer market.
How new SEC chair Gary Gensler can reshape the crypto industry’s future
The former MIT blockchain professor and CFTC chair now sits atop a key regulator over crypto. How might his leadership affect SEC v. Ripple, or Bitcoin ETFs?
What is Coinbase really worth? XRP rallies with Ripple’s wins over SEC. HSBC bans MicroStrategy over Bitcoin embrace.
Other top blockchain and crypto news: HSBC bans MicroStrategy over Bitcoin affair. Tokenized TSLA and Coinbase COIN now on several crypto exchanges.
Coinbase listing on Nasdaq sets benchmark for other crypto exchanges
Coinbase’s estimated $100 billion direct listing debut could be the tipping point for crypto going mainstream. But is Coinbase really worth that much?
Bitcoin skyrockets past US$64,000, hits another all-time high
Ahead of Coinbase’s Nasdaq listing, Bitcoin surged to new highs in Asian trading hours. Ether, ADA and DOGE also reached new ATHs as altcoins soared.
Security exec allegedly steals $45M in Chinese government-owned crypto
A young executive with Beosin, tasked to protect cryptocurrency that police recovered from another crime, allegedly then lost it all in a Bitcoin bet gone bad.
Ripple executives file to dismiss SEC lawsuit as XRP prices soar
Tailwind of legal wins propel XRP’s market cap past US$70 billion as Ripple CEO and chairman ask court to drop SEC’s charges against them.
XRP price surges over 40% following another legal victory for Ripple
Court ruling favoring Ripple executives and slapping down SEC catapults XRP — now the world’s 4th most popular crypto — to its highest prices in 3 years.
How MPC can solve blockchain’s data privacy conundrum
Blockchain improves data protection but not confidentiality. Here’s why multi-party computation can be a solution, writes Kurt Nielsen of Partisia Blockchain.
Hong Kong-listed Meitu buys more Bitcoin, now has US$100 million in crypto
Shares are up 75% since the beauty selfie app company began investing in Bitcoin and Ether to try to boost its flagging fortunes.
Asian governments urge ‘extreme caution’ before buying cryptocurrency
As Bitcoin and crypto market swells beyond $2 trillion, even crypto-friendly Singapore is warning the public about risks. Are more regulations coming?
New art and fashion NFT platforms coming to Hong Kong, Singapore
Welcome to crypto’s latest catwalk. Publisher of Vogue Singapore and a Hong Kong exchange unveil plans to turn up the heat on Asia’s NFT market.
Bitcoin’s ‘kimchi premium’ plummets, Upbit exchange suspends services
After surging to 21%, the higher prices that South Koreans pay for Bitcoin are now plunging. What role did Korean regulators and overseas traders play?
Filecoin’s crypto top 10 stint. Coinbase wows with earnings for Nasdaq debut. Japan opens door to CBDC.
Other top blockchain and cryptocurrency news: Hong Kong is new test bed for China’s e-CNY digital currency. Decentraland’s token bridge to Polygon.
What is the truth behind the decentralized finance hype?
DeFi is making the global financial system more inclusive, but ‘teach more and punish less’ regulations are needed for greater adoption, a WEF panel said.
Ripple wins access to SEC’s internal documents on Bitcoin and Ether
In a ruling that can boost Ripple’s defense, judge says SEC must disclose discussions on whether XRP, Bitcoin and Ether are securities. Is a settlement now near?
Korea’s Bitcoin kimchi premium explodes as Kakao rises on Upbit rumors
Are South Korea’s new cryptocurrency exchange regulations skewing its crypto market? Meanwhile, Upbit’s parent Dunamu surges on NYSE listing rumors.
Will China’s rising crypto crimes prompt tighter regulation?
Rising Bitcoin prices have inspired a wave of crypto-related Ponzi schemes, fraudulent giveaways and other scams around the world — especially in China.
Why DeFi will be the next big thing in global finance
Traditional finance is costly and inefficient, and too many people are left out. Could decentralized finance (DeFi) be the answer?
How blockchain can cut down fraud in the wine industry
High-tech solutions like blockchain, IoT, NFC and DLT are increasingly used to authenticate fine wine and detect counterfeits in China and around the world.
DeFi insurance: Why buy coverage for your digital assets?
Insurance policies for DeFi can cover losses from theft to smart contract issues. But do read the fine print — and know the industry is ‘self-regulated.’
SEC agrees to redact two documents in Ripple lawsuit as XRP prices surge
XRP prices soar after Ripple and the SEC agree to partially redact some of Ripple’s email exchanges — but not the CEO’s financial information
Animoca CEO Yat Siu: Ownership economy ‘will be worth trillions’
Yat Siu, Greater China’s godfather of CryptoKitties and vintage Atari NFTs, also says gamers are at the forefront of blockchain adoption.
5 questions investors must ask before buying Bitcoin or digital assets
How do cryptocurrency investors know whom to trust, avoid scams and not buy coins with a shady history? Gunnar Jaerv of First Digital Trust explains.
Coinbase Nasdaq listing set for April 14
Coinbase’s COIN ticker will go public after the exchange’s Q1 earnings results disclosure ahead its April listing.
Hoping to ride NFT wave, Taiwanese basketball team launches NFTs
Taking a page from NBA Top Shot’s playbook, the Lioneers of Hsinchu County are now selling NFT video clips of their basketball stars. How is the sale going?
India mandates new disclosure rules for cryptocurrency companies
Starting today, India’s crypto firms must report all cryptocurrency transactions to the government. What does this mean for India’s proposed crypto ban?
Beyond NFT’s hype: Artists and crypto experts take a hard look at NFTs
What are you really getting when buying a non-fungible token, and are NFTs worth their eye-watering prices? Forkast.News dissects the latest crypto craze.
China opens digital currency door to all. NFTs go wild. Is Singapore’s Temasek buying virgin Bitcoin?
Other top blockchain and cryptocurrency news: Bitcoin prices rise as BTC and ETH options expire. DeFi market steps up as Elon Musk says, ‘Don’t defy DeFi.’
XRP holders step closer to joining Ripple in fighting SEC lawsuit
In a new ruling, the judge presiding over SEC v. Ripple Labs opens the door to allowing XRP holders to intervene as a third party in the government’s lawsuit.
Sailing around the world for digital gold with the Liberty Bitcoin Cup
Young sailors are competing to win one Bitcoin in the Liberty Bitcoin Cup — a youth version of the America’s Cup — heading to Hong Kong in early 2022.
Ripple plans major Southeast Asia expansion by buying 40% of Tranglo
Despite its legal battles in the US over the XRP token, Ripple continues its push in Asia to grow its cross-border payments and money-transfer business.
China writes blockchain and digital currency into nation’s future
China’s new five-year plan — its blueprint for development — pours resources into ‘new infrastructure’ like blockchain technology and DCEP’s digital yuan.
Swire Properties series examines corporate responsibility in sustainability
Researchers did a United Nations ‘sustainability audit’ of technology firm PALO IT and discussed findings. What can other companies learn from this?
SEC tries to block XRP holders’ bid to intervene in Ripple lawsuit
SEC tells court that allowing XRP holders to join as third parties would create an ‘avalanche’ of claims and ‘undue delay, complexity and confusion.’
World’s first major crypto art show opens in Beijing
Headlined by crypto art superstars Beeple and Robert Alice, the in-person exhibit also features works by Chinese artists. Next stop: Shanghai.
How does China see its CBDC and its use in cross-border payments?
China’s central bank says its DCEP project’s digital yuan, now in pre-launch testing across the nation, ‘will coexist and cooperate’ with Alipay and WeChat Pay.
How blockchain can power the growth of green finance
As interest in green bonds grow around the world, Asia is emerging as a hotbed of sustainable finance. Here’s why China will be leading the way.
KPMG: Virtual asset service providers ready to professionalize and grow
New KPMG report outlines opportunities for investors as well as traditional banks with the rise of VASPs like cryptocurrency exchanges and custody services.
World’s central banks come together to collaborate on CBDCs
As the world increasingly turns to Bitcoin, stablecoins and other cryptocurrencies, a brain trust of central bankers want to take back control.
How liquid staking can unlock cross-chain interoperability and DeFi value
The siloed nature of many older blockchains is holding back DeFi’s potential, writes Sarah Kim of Terra. But help with greater interoperability is on the horizon.
What’s in DeFi’s future — and what does it mean for traditional banks?
Will DeFi replace centralized finance, and how might regulators respond? An all-star panel with leaders from SEC, WEF, ConsenSys and USDC explains.
Bithumb, OKEx roiled by Korea’s new law. Why Thailand hates baht-pegged stablecoins. What’s behind Metakovan’s NFT art buys?
Other top blockchain and crypto news: Japan’s SBI Crypto opens mining pool to public. In China, more companies turn to crypto to boost bottom line.
OKEx to shut its crypto exchange in Korea as new AML laws take effect
OKEx will soon follow Binance in leaving South Korea’s cryptocurrency exchange market. Is this what FATF and Korean regulators intended?
Hong Kong now exploring retail CBDC in upcoming Project Aurum
Hong Kong Monetary Authority intensifies its CBDC efforts with a new study into ‘hybrid’ digital currencies and private CBDC-backed stablecoins.
Fed Chair Powell calls Bitcoin ‘speculative,’ says US not in CBDC rush
Countries around the world are exploring central bank digital currencies. But US and European central bank leaders say they value stability over speed.
Ripple recasts embattled XRP as a ‘bridge’ currency for CBDCs
As XRP holders step closer to intervening in SEC’s lawsuit against Ripple, the payment platform gears up to grow its CBDC business with a new white paper.
Bank of Thailand outlines stablecoins policy as it explores retail CBDC
Thailand’s central bank says it is ‘open’ to considering stablecoins but declares Terra’s THT to be illegal. What does this mean for Tether or USD Coin?
Chia Network launches eco-friendly blockchain and XCH cryptocurrency
Founded by BitTorrent creator Bram Cohen, Chia Network’s new ‘proof of space and time’ blockchain aims to be a more sustainable alternative to bitcoin.
Who is really leading the global blockchain patent race?
Boosted by state incentives, companies in China are filing more blockchain patent applications than anywhere else. But how many patents got awarded?
Japan to start digital yen tests as CBDCs gain momentum across Asia
As central banks in China, Korea, Hong Kong and Thailand ramp up CBDC efforts, Bank of Japan is now planning a proof of concept for a digital currency.
Guide to Cardano and ADA: What is Cardano, and why it matters
Cardano’s ADA, up by 7,400% since last year, is now the 3rd most popular cryptocurrency in the world. Why is it called a ‘Ethereum killer’? Let’s find out.
