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GameStop launches NFT marketplace to get closer Web3 gaming

Robinhood, GameStop frenzy players face Congressional questioning

Congress investigates links between Robinhood, Citadel, Reddit’s WallStreetBets and GME prices amid shifting investor interest to cryptocurrency and DeFi.
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BNY Mellon, Jay-Z join bitcoin conga line. Will NFTs take over real world? Roadmap for Biden to take blockchain leadership.

Other top blockchain and crypto news: DeFi under Fed study. Andrew Yang, Wyoming vie for crypto attention. Hong Kong and India edge toward crypto bans.
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How blockchain is transforming the investing and securities industry

Modern financial markets still rely on slow and inefficient plumbing from a bygone era, writes Oi Yee Choo of iSTOX. Here is how blockchain offers a system upgrade.
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Can blockchain protect journalism and push back against censorship?

As press freedoms come under attack around the world, blockchain and distributed ledger technology are emerging to protect journalism.
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Bitcoin miners seek 2nd hand gear to drive output amid rally

Tesla’s bitcoin dive is recharging an already hot crypto market, worsening the run on new mining equipment and heating up the second-hand rig market.
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Want in on bitcoin? Here are 5 things new crypto investor must know

If you’re wondering how to get started in investing in bitcoin or other cryptocurrency, this Forkast.News guide is for you. But beware the risks and pitfalls.
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Will India be left behind in the digital currency race?

India is moving toward banning all cryptocurrency and creating a state-backed digital rupee. But Tesla’s big bitcoin buy-in may be giving lawmakers pause.
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Ripple co-founder Jed McCaleb unloaded $69 million worth of XRP in a week

Ripple co-founder Jed McCaleb has resumed selling his XRP holdings, dumping 130 million tokens over the last week, according to data from XRPscan.
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How blockchain can improve vaccine safety and distribution | Part 4

Speeding Covid vaccines to market also led to confusion and waste. Here’s how blockchain can plug the gaps in the vaccine supply and distribution chain.
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Will 2021 be a bull year for crypto e-hongbaos?

Red packets are going digital, and e-hongbaos for cryptocurrency are on the rise across Asia this Lunar New Year of the Ox.
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Tesla drives bitcoin to the moon. Ripple XRP finds love in Japan. First Boulevard partners with Visa.

Other top blockchain and crypto news: ETH hits new high with CME Ethereum futures. DeFi yawns at YFI attack. China steps up DCEP digital yuan tests.
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US must embrace digital dollar and cryptocurrency: Blockchain institute report

The Blockchain Research Institute-led report for Biden’s administration also outlines recommendations for crypto regulations and a national blockchain strategy.
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Is the Tesla-inspired bitcoin gold rush the sign of a rational market?

Before Tesla’s bitcoin moves, big money was already placing BTC bets. What are bitcoin’s long-term fundamentals? Geoff Morphy of Bitfarms explains.
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Binance Labs invests in Plasm Network to expand Polkadot

Plasm Network, a leading DApps hub on Polkadot and first parachain on its Rococo testnet, secures $2.4 million to build out the growing Polkadot ecosystem.
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Bitcoin prices skyrocket after Elon Musk’s Tesla reveals $1.5 billion BTC buy

Tesla has invested $1.5 billion into bitcoin, according to an SEC filing published today. The news sent bitcoin prices rocketing into a new stratosphere.
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China’s BSN will add CasperLabs’s proof-of-stake blockchain to its network

Casper Network goes big on its ‘first of many’ expansion ambitions in Asia by receiving the nod to join both BSN China and BSN International.
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As bitcoin hovers near all-time highs, what does it mean for investors?

2021 is already shaping up to be a very different bull market for bitcoin compared to the past, writes Kadan Stadelmann of Komodo. Here’s why.
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Uproar over WhatsApp and user privacy shows need for new data economy

Sharing user data in exchange for free services is not necessarily a bad thing, writes Henri Pihkala of Streamr. The key is transparency and user consent.
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Using blockchain to bolster vaccines and trust in public health | Part 3

As Covid vaccines come to market, immunization programs are being undermined by disinformation and counterfeiting. Here’s how blockchain can help.
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China’s blockchain network at new milestone with open permissioned chains

Tai’an and WenChang chains join BSN China’s ‘Open Permissioned Blockchain Initiative’ as nation grows its blockchain network while maintaining controls.
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GameStop sinks as ETH hits all-time high. Ray Dalio weighs in on crypto. Elon Musk, bitcoin’s new warrior.

Other top blockchain and cryptocurrency news: India pushes CBDC and proposes banning crypto. Korea’s DeFi future. How does Bitmain’s drama end?
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GameStop crashes as Ethereum-led crypto rally takes center stage

GME and other r/WallStreetBets-pumped stocks are now down over 50%. But Ethereum prices are soaring to new heights in a wave that’s also lifting Bitcoin and Cardano ADA.
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XRP prices see ‘pump and dump’ as Ripple outlines legal defense strategy

In its response to SEC’s lawsuit, Ripple denies that XRP is a security, points out the clash with FinCEN and questions why SEC is not going after Ethereum.
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As SEC goes after Ripple and Bitcoiin2Gen, is DeFi next in its line of fire?

Securities lawyers read the tea leaves of SEC’s lawsuits against Ripple XRP and Bitcoiin2Gen. Will DeFi be next for SEC enforcement actions or regulations?
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Facebook-backed Diem, now close to launch, is propelling crypto into the mainstream

Formerly named Libra, the Diem stablecoin is now awaiting regulatory approval, writes Ilia Maksimenka of PlasmaPay. What are Diem’s odds of success?
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GameStop copycat rally pumps up Dogecoin, Ripple XRP and other cryptos

Small investors drove up Dogecoin’s price by 1,000% after the GameStop saga, but money quickly left—and then Ripple’s XRP and Stellar prices went up.
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Digital payments — not cash — is now king in Asia’s payment ecosystem

Singapore and Thailand launch the world’s first real-time cross-border digital payment system. Here’s what else is happening in Hong Kong and China.
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Binance report: over 100 million people are now crypto users

About half of cryptocurrency users are hobbyists while 15% consider crypto their primary source of income, according to a survey of 61,000 crypto users.
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Blockchain, mobile apps and advances in Covid tracking and tracing | Part 2

Blockchain amplifies the value of Covid testing and makes contact-tracing more effective. Here are some programs and apps now in use around the world.
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74% of stablecoins are issued on Ethereum, according to new report

ConsenSys Codefi’s 4Q 2020 report on DeFi trends also predicts more ‘wrapped’ tokens, tranche lending products and Ethereum 2.0 derivatives in 2021.
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Tether prosecution delayed again. Bitcoin’s false ‘double-spend’ rumors. Brave sends 24 million users to Web 3.0 via IPFS.

Other top blockchain and cryptocurrency news: BIS touts digital currencies. China’s blockchain network to add CBDCs as payment option.
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Is Signal experimenting with Stellar-based cryptocurrency?

Signal, which exploded in popularity after WhatsApp’s privacy stumbles, may be exploring a business strategy pursued by Big Tech. What are the risks?

Bitcoin and other crypto trends to watch in 2021

How high will bitcoin prices go — and will 2021 be the year of the bitcoin ETF and advanced crypto derivatives? Jay Hao of OKEx looks to the future.
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Singapore’s DBS bank becomes first in Asia to offer crypto exchange

As bitcoin and other digital assets go mainstream, traditional banks want a piece of the action. Singapore’s crypto-friendly regulations are paving the way.
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China’s blockchain network adds CBDC payment layer, ConsenSys as partner

BSN’s new digital payment network will be a boon to Ethereum, stablecoins and CBDCs like China’s DCEP digital yuan while keeping other cryptos out.
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China’s DCEP digital yuan wraps up another mass test

Now renamed e-CNY, China’s new digital yuan has now been tested by 250,000 shoppers in two cities. Is it finally close to launch?
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Janet Yellen clarifies stance, notes ‘benefits of cryptocurrencies and other digital assets’

In written testimony, the US Treasury Secretary-nominee calls digital assets ‘fintech innovations’ and pledges to ‘encourage their use for legitimate activities.’
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Special series: blockchain, Covid-19 and the future of healthcare | Prologue

Over the next few weeks, Forkast.News will publish a special 5-part series on blockchain’s growing role in the global battle against Covid. Here is an overview.
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How blockchain technology can help revive air travel | Part 1

In Part 1 of a special series on blockchain, Covid and healthcare, Forkast.News examines how the technology fosters greater trust in traveler health records.
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Biden halts FinCEN’s proposed crypto wallet reporting rules

On his first day in office, President Biden put a freeze on all new or pending Trump-era rules, including rules for crypto, and asked for a review.
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Biden’s American Rescue Plan. Crypto’s regulatory outlook in 2021. How not to lose your bitcoin password (don’t ask Stefan Thomas).

Other top blockchain and cryptocurrency news: Twitter’s blue sky initiative. In China, Conflux Network wins another government deal.
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Treasury pick Janet Yellen: Crypto crimes are ‘particular concern’

In her Senate confirmation hearing, the US Treasury secretary nominee and bitcoin critic also decried crypto’s role in money laundering and terrorism.
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How blockchain can usher in new era in crypto regulatory compliance

When it comes to issues over crypto regulations and compliance, answers could be found in blockchain technology, writes Rachid Ajaja of AllianceBlock.
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MIT professor Gary Gensler is chosen to lead US SEC

President-elect Joe Biden has named the former CTFC chief to lead the SEC. What does this mean for Ripple and other crypto firms?
CZ Binance Word on the Block Interview

Binance’s CZ on bitcoin prices: Is crypto in a bubble or bull run?

Is bitcoin’s volatility worrisome or normal? Binance’s CEO offers bitcoin predictions and insights for 2021, in an exclusive interview with Forkast.News.
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What are the secrets of the most successful blockchain startups?

Why do some blockchain startups prosper and others fail? A industry expert shares insights and advice for blockchain business success in 2021 and beyond.
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Big waves at SEC: Chief enforcer v. Ripple XRP is out. Is Gary Gensler new SEC chair? Elon Musk’s bitcoin flirtations.

Other top blockchain and cryptocurrency news: WhatsApp refugees swarm Signal. Bakkt to go public via SPAC. China tests out new DCEP digital yuan e-card.
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SEC enforcer behind $1.3 billion Ripple lawsuit stepping down

Securities and Exchange Commission’s acting enforcement chief Marc Berger helped lead high-profile lawsuits against crypto firms, including Ripple and Telegram.
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Tale of two nations: How China and US diverge on blockchain policies

China is investing heavily in blockchain technology in government, dwarfing US levels. Forkast.News examines the growing gap and the paths forward.
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New 2021 bitcoin price report forecasts risks and opportunities

What is bitcoin’s true value, and what are its longer-term price projections? New AAX analysis ‘Bitcoin in 2021’ offers investors a look beyond the horizon.
Hester Peirce Word on the Block Forkast.News

SEC commissioner Hester Peirce says enforcement is never good way to provide clarity

In her first public remarks since the SEC’s lawsuit against Ripple and exclusive interview with Forkast.News Editor-in-Chief Angie Lau, SEC commissioner and “Crypto Mom” Hester Peirce says the SEC can do better on clarity and that enforcement isn’t always the best way to provide guidance
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New year brings new crypto actions from FinCEN, OCC and IRS

New US government rules and guidance aim to boost cryptocurrency taxes, clarify legal liability related to STABLE Act and require more KYC reporting.
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China tests new phone-free DCEP e-RMB card for helping rural poor

As China presses its digital currency closer to launch, a Shanghai test reveals features aimed at the 700 million Chinese without mobile phones or the internet.
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Bitcoin

Bitcoin and ethereum prices roar into new year. Ripple XRP fans petition White House for mercy from SEC charges.

Other top blockchain and cryptocurrency news: China intensifies DCEP digital currency testing while Russia, Ukraine and Turkey join global CBDC race.
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Why crypto’s decentralized exchanges will continue their rise in 2021

Do you trust third parties with your finances? Alex Zha of MXC Exchange explains the benefits of decentralized exchanges (DEX) and problems that remain.
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Bitcoin turns 12: three key moments in life of world’s first crypto

To celebrate bitcoin’s birthday this weekend, let’s raise a glass to Satoshi Nakamoto and take a look back at how their baby has grown.
Forbidden City

China’s 5 hottest blockchain developments in 2020

With DCEP nearing launch, China is having a banner year in blockchain-related technologies. Here’s what’s hot in China and what’s too hot to touch.
Finance Graph Me

DeFi explained: The guide to decentralized finance

What is DeFi and how does it work? What are its benefits and risks? Forkast.News explains everything you need to know about one of the hottest, most lucrative and controversial crypto trends.
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Looking ahead: 5 predictions for crypto and blockchain in 2021

What will be hot in blockchain next year, and what will be the curveballs? Forkast.News consults top industry leaders and thinkers to bring you a crystal ball.
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Bitcoin became respectable this year. Will it go mainstream in 2021?

Covid’s chaos spurred systemic changes in global finance, a need for a hedge and bitcoin’s dramatic reputational shift, writes Tim Bos of ShareRing.
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Crypto Santa’s naughty and nice list for Christmas 2020

Who in blockchain is making the world a better place this year, and who deserves nothing under the tree? Santa’s helpers at Forkast.News tell all.
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Year in Review: 5 biggest blockchain and crypto stories of 2020

Here are the hottest blockchain news and trends that dominated Forkast.News headlines over the past 12 months. Let the countdown to 2021 begin!
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A CBDC for Indonesia would bridge the old world with the new

Bank Indonesia now sees the value of stablecoins and digital currency. Here’s how a central bank-backed digital rupiah could lift the nation of 18,000 islands.
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SEC Plans to Sue Ripple for Securities Violations: Reports

In interviews, the Ripple CEO told Fortune and the Wall Street Journal that the SEC plans to sue the company in the near future for offering unlicensed securities.
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Top 3 predictions about bitcoin and other cryptos in 2021

What can bitcoin and other cryptocurrency investors expect in 2021? Here are three emerging trends that could reshape the crypto world.
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How global fragmentation is holding back blockchain’s progress

To bridge regulatory and technical gaps, World Economic Forum and Global Blockchain Business Council join forces to promote global blockchain standards.
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Crypto exchange Coinbase is officially going public

As 2020’s bitcoin bull run surges ever higher, Coinbase — America’s largest crypto company — files for an IPO with the SEC.
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Hong Kong may be first global ‘sandbox’ for China’s DCEP digital yuan

Hong Kong is in talks to pilot-test China’s new digital currency. How would the e-CNY affect Hong Kong’s future cross-border payments with the mainland?
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What’s next for Ethereum 2.0 after the Beacon Chain?

Eth2 will run in parallel with Ethereum 1 for now. For how much longer, and will this affect ether inflation and block rewards? Konstantin Richter of Blockdaemon explains.
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Bitcoin surges past $21,000 after more big investors buy in. Singapore’s DBS bank backs crypto exchange. Will Sweden switch to CBDC?

Other top blockchain and cryptocurrency news: Fine art goes digital with NFTs. Hong Kong in talks to pilot test China’s DCEP digital yuan.
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What is the mood of India when it comes to cryptocurrencies?

Now that India no longer has a crypto banking ban, what are Indian attitudes toward cryptocurrency? CoinDCX surveys 11,000 people for answers.
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Joe Lubin and other prominent crypto leaders decry the STABLE Act

Ethereum co-founder Joe Lubin and blockchain investor Alex Tapscott tell Forkast.News that the stablecoin bill aimed at Libra/Diem and Tether could have broader repercussions on the blockchain industry.

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An unmissable weekly round up of the biggest stories in emerging tech from an Asian perspective, featuring commentary from Forkast Editor-in-Chief Angie Lau. Check out recent editions.