Articles by

Lachlan Keller

Lachlan is a journalist and producer at Forkast working from Melbourne, Australia. His work can be found in numerous magazines in Australia on topics ranging from culture to science. Lachlan holds a Bachelor’s degree in Journalism from Macleay College in Australia.

Author's profile on Twitter @keller_lachlan Author's profile on LinkedIn Lachlan Keller
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December 2022

Crypto market implosions, bankruptcies bring sweeping job losses … and opportunity

By some estimates, job cuts in the cryptocurrency-specific industry are running at about 30-40%, which means tough times for employers and employees, and compensation packages are also taking a hit.

FTX failure a ‘wake-up call’ for security, says former Mt Gox CEO Mark Karpeles

Before the FTX implosion there was Mt. Gox, an exchange that oversaw 80% of all Bitcoin trades before it collapsed in 2014. In this exclusive interview with Forkast, former Mt. Gox Chief Executive Officer Mark Karpeles says what he sees in store for the industry in 2023 in the wake of the FTX bankruptcy.
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NFT sales rise for first time in 7 months in November despite crypto price slump

NFT investors seemingly see opportunities in a month full of surprises and headwinds for the broader cryptocurrency market.

FastForkast headlines

Markets: Bitcoin rises, Ether gains on potential Visa integration, BNB rebounds

Markets: Bitcoin, Ether fall; Dogecoin drops after poll says Musk should quit as Twitter boss

Binance “deliberately” caused FTX collapse, Kevin O’Leary claims

MetaMask partners with PayPal for Ethereum purchases through wallet

Markets: Bitcoin rebounds then retraces amid hawkish Fed comments, Solana gains

New FTX CEO says he found ‘utter failure of corporate controls’ at the exchange

Markets: Bitcoin, Ether rise in mixed trading; U.S. equities gain ahead of inflation data

The Block CEO resigns after reports of undisclosed loans from Alameda Research

Markets: Bitcoin, Ether down as markets brace for November inflation data

Markets: Bitcoin, Ether drop as SEC’s Gensler says crypto firms running out of time to comply with securities laws

Markets: Bitcoin, Ether rise in slow trading, Solana gains on Web3 game partnership

Bankman-Fried claims new FTX CEO’s testimony is ‘false’

Markets: Bitcoin, crypto top 10 retreat with equities on signs of inflation uptick in U.S.

Australian crypto exchange Swyftx cuts 40% of jobs amid fallout from FTX collapse

Coinbase CEO Armstrong says Bankman-Fried’s US$8 bln ‘accounting error’ doesn’t stand up

Markets: Bitcoin back above US$17,000, Ether gains along with other top 10 crypto

Markets: Bitcoin dips back below US$17,000, Ether falls, Dogecoin leads losers list

Meta’s Mark Zuckerberg is still optimistic about the metaverse

U.S. crypto exchange Kraken to lay off 30% of its workforce, cites ‘market conditions’

Markets: Bitcoin, crypto, rise after Fed Chair Powell hints at easing rate hikes

December 2022

Bitcoin price follows slide in Asia equity markets amid growing China protests against Covid-19 lockdowns

Reports of civil disobedience, protests and clashes with the police in cities and universities in China are unnerving financial markets in Asia

Question: How do financial rules work when rogue individuals run companies? Answer: Not very well.

Calls for tougher rules on cryptocurrency have been echoing ever louder through the offices of global financial regulators since the collapse of the FTX exchange. But the firm did not invent dodgy business practices, so what can regulators and the industry do?
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Bitcoin price falls to more than two-year low amid growing concerns about FTX fallout

Investors are unnerved by the possibility of more failures among companies linked to the now bankrupt FTX exchange, fearing a repeat of the Terra-Luna stablecoin collapse in May that also brought down other businesses.

Australia to revamp cryptocurrency rules after FTX collapse

The country is one of the first to say it will act to set up regulations to prevent a collapse similar to FTX, which filed for bankruptcy protection and froze the assets of hundreds of thousands of investors.

FTX collapse ‘sad’ for crypto industry, but underlying technology still sound

Panelists at Forkast’s livestreamed event ‘Crypto Rising: How Top VCs Are Investing Out of Crypto Winter’ shared their thoughts on the future of the industry following FTX.

Crypto prices recover amid plans by Binance, others to aid cash-short projects post FTX failure

Exchanges to the rescue? Cash is reportedly being made available to help blockchain and crypto projects caught in the fallout of the FTX exchange collapse.
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Crypto prices slide as investors pull funds on concerns other exchanges may follow FTX implosion

The collapse of one of the world’s biggest crypto exchanges last week has investors worried about the finances of other trading platforms. Cold wallet time?

Shark Tank’s Kevin O’Leary says ‘FTX still has value,’ its story still being written

While FTX’s cash crunch has rattled global markets and investors, a White Knight investor could quickly turn the tide for the company, O’Leary told Forkast in an interview.

Bitcoin hits lowest price in two years as Binance cancels FTX acquisition

Just over 24 hours after news of Binance’s planned acquisition of FTX shook the crypto market, a reversal of that decision sent prices even lower.

Binance’s pending acquisition of FTX may attract attention of antitrust regulators

Binance chief executive officer Changpeng Zhao already runs the world’s largest cryptocurrency exchange so just what are his ambitions?

U.S. midterms: gridlock… and progress on crypto industry regulation?

In a period of toxic divide between the Democrats and Republicans, the need to figure out how to regulate the growing cryptocurrency industry is one of the few issues both parties seem to agree on.
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NFT sales decline for sixth straight month despite tailwinds

While October saw the emergence of two very popular NFT collections, sales failed to break US$500 million in the lowest figures since July 2021.

FastForkast headlines

Markets: Bitcoin, crypto, rise after Fed Chair Powell hints at easing rate hikes

Coinbase wallet ends support for ETC, BCH, XRP, XLM

Markets: Bitcoin, Ether gain as China eases Covid rules amid protests; Dogecoin jumps

ECB’s Christine Lagarde: Further crypto regulation ‘absolute necessity’ following FTX collapse

Markets: Top 10 crypto fall as BlockFi enters bankruptcy, macroeconomic concerns spread

Australian fintech firm launches new AUD stablecoin, AUDE

Markets: Bitcoin little changed, Dogecoin leads pack in muted morning of trading

MetaMask says “we changed nothing” in response to criticism update collects more user data

Binance CEO Changpeng Zhao says he should have tweeted sooner about FTX woes

Markets: Bitcoin little changed, Ether rises ahead of ‘Shanghai’ upgrade, XRP climbs

Wallet linked to defunct crypto exchange BTC-e suddenly activates

Markets: Bitcoin, Ether rise as Fed minutes suggest an easing in interest rate hikes

Markets: Bitcoin, crypto rise as FTX contagion fears ease

Input Output announces privacy-centric blockchain and token on Cardano

Markets: Bitcoin, other crypto start week lower as FTX collapse continues rumble through the industry

Markets: Bitcoin flat, most crypto top 10 fall as Fed indicates further rate rises

Markets: Bitcoin, Ether fall as FTX implosion, job cuts in tech industry cloud outlook

Crypto lender BlockFi faces possible failure amid FTX collapse, WSJ says

Markets: Bitcoin, Ether rise amid positive inflation data, despite reports of Russian missile strikes in Poland

Markets: Bitcoin, Ether gain in crypto market rebound off slowing U.S. inflation

Sam Bankman-Fried apologizes in first tweet since Binance saga: I F***** Up

Markets: Bitcoin hits year low, Ether slumps as Binance rescue of FTX unnerves investors

Markets: Bitcoin, Ether prices fall with most of crypto top 10, Polygon flips Solana

Markets: Bitcoin, Ether prices pull back after weekend gain on sign U.S. inflation may be easing

Goldman Sachs launches crypto explainer, trend tool for institutional clients

Bitcoin, Ether prices rise, Polygon leads top 10 in gains, Doge, Shib retreat

Instagram to allow creators to mint and sell NFTs through the platform

Markets: Bitcoin and Ether fall with crypto top 10 as Fed raises rates 75 bps

Markets: Bitcoin, Ether prices flat; Dogecoin, SHIB lead gains in crypto top 10

November 2022

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

FastForkast headlines

Markets: Bitcoin, Ether prices flat; Dogecoin, SHIB lead gains in crypto top 10

Markets: Bitcoin, Ether, Cardano, XRP fall; BNB gains on Binance Twitter investment

Ethereum’s LooksRare latest NFT marketplace to make creator royalties optional

Markets: Bitcoin, Ether fall; Dogecoin gains as Elon Musk’s Twitter buyout moves ahead

Google to update legal compliance following lost criminal crypto exchange data

Markets: Bitcoin price nears US$21,000 amid market rally as Ether, Dogecoin lead gains

Australian 2022 budget confirms digital assets will not be taxed as foreign currency