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Forkast.News

Forkast.News is a digital media platform that covers stories about emerging technology at the intersection of business, economy and politics. From Asia, to the world.

April 2023

Bitcoin held its ground over the weekend as Arbitrum drops 8%

Welcome to The Daily Forkast – April 3, 2023 – presented by Megha Chaddah for the latest in the crypto markets. Bitcoin held its ground over the weekend as it continued to hover above the US$28,000 mark. Elsewhere in the markets though, Arbitrum saw an 8% dip after a high profile air drop of governance […]

DeGods begins migration to Ethereum

Largest Solana NFT DeGods has started its migration to Ethereum just days after Y00ts began to move to Polygon.

March 2023

Crypto investors remain optimistic despite crackdown

Most cryptocurrencies remained calm in spite of the CFTC-Binance lawsuit.

Japan’s finance ministry to launch panel to assess digital yen: NHK

Japan’s Finance Ministry is reportedly planning to launch an expert panel next month to assess the feasibility of issuing a digital yen, according to NHK.

Bitcoin keeps its head held high despite options expiration

Welcome to The Daily Forkast – March 31, 2023 – presented by Megha Chaddah. Bitcoin holds above US$28,000 even as over US4 billion dollars worth of bitcoin option are set to expire later in the day. BNB prices saw a dip mid-week as news regarding the Binance-CFTC lawsuit came to light, but saw a slight […]

The future of digital transformation

From traditional finance to digital transformation – how can both learn from each other?

HK-based venture fund hopes to raise US$100 mln for crypto investments: Bloomberg

Hong Kong-based asset management firm Plutus VC plans to raise US$100 million by the end of 2023 to fund investments in the cryptocurrency market, according to a Bloomberg report. The fundraising comes as the city moves to regain its status as an international finance and crypto hub.

Bitcoin passes US$28,000, Binance accused of hiding Chinese links

Welcome to The Daily Forkast – March 30, 2023 – presented by Joel Flynn for the latest in the crypto markets. Bitcoin once again passes the US$28,000 mark, with the wider crypto market also seeing gains over the last 24 hours. Binance has been accused of hiding extensive links to China for years after claiming […]

SEC Chair urges more resources to regulate crypto and technology at House Subcommittee hearing

SEC Chair urges for increased funding to address challenges posed by crypto markets and rapid technological innovation during House Subcommittee testimony.

SEC charges Beaxy cryptocurrency platform for violating securities laws

The SEC has charged the Beaxy crypto trading platform and its executives for operating as an unregistered exchange, broker, and clearing agency.

Ripple exec says innovation is leaving the US.

As US authorities continue to police crypto regulations, we take a look at the direction the country’s crypto innovation is headed.

Binance faces legal battle as US regulator gets ready to rumble

Top blockchain and crypto news: Binance targeted in CFTC lawsuit. Law catches up with Do Kwon. Chinese banks bet on Hong Kong crypto.

Bitcoin holds ground, XRP continues run-up

Welcome to The Daily Forkast – March 29, 2023 – presented by Joel Flynn. Prices of Bitcoin and other cryptocurrencies remain steady Wednesday morning in Asia. While XRP continues to gain on expectations that Ripple Labs may win a favorable ruling in a lawsuit filed by the US Securities and Exchange Commission.

Where is the Metaverse headed?

The conversation hasn’t died down, and the potential is still there. But what about the ambition?

Crypto ebbs as CFTC sues Binance

Welcome to The Daily Forkast – March 28, 2023 – presented by Joel Flynn. US Regulators at the Commodity Futures and Trading Commission, or CFTC, are suing Binance and founder Chaopeng Zhao for “willful evasion” of U.S. laws.

Cryptocurrencies bounce back despite fed rate hike

Most cryptocurrencies saw a huge increase in price over the past week.

Bitcoin breaks above US$28,000 as Do Kwon detained in Montenegro

Welcome to The Daily Forkast – March 24, 2023 – presented by Joel Flynn for the latest in the crypto markets. Most major cryptocurrencies have seen a increase in their prices amid the Federal Reserve’s decision to raise the Fed rate by another 25-basis points. Terra Luna founder Do Kwon has been arrested by Montenegrin […]

Hong Kong poised for ambitious changes

Hong Kong has opened its doors to the world once more, and it spared no time hosting blockchain and web3 focused summits.

Bitcoin, other cryptos drop as Fed raises interest rates

The Fed’s decision to hike rates by 25 basis points was along expected lines. So, why are the markets sulking?

Could decentralization bring back trust in crypto?

Decentralization’s the talk of the town after the collapses of several centralized institutions.

Bitcoin buoyed as bank busts spook investors

Top blockchain and crypto news: Banking woes boost Bitcoin. Arbitrum counts down to launch. Chinese billionaire faces US crypto scam charges.

Bitcoin breaks US$28,000 barrier, crypto stability ahead of Fed rate decision.

Welcome to The Daily Forkast – March 22, 2023 – presented by Joel Flynn for the latest in the crypto markets. Bitcoin broke the US$28,000 mark once again early today Hong Kong time as other cryptocurrencies all experiencing slight increases in price. This comes as the US Federal Reserve is due to make a decision […]

DAO: Beyond Governance

Can DAOs rebuild trust in the crypto industry?

Bitcoin hovers near US$28,000, crypto markets pause for a breather

Welcome to The Daily Forkast – Tuesday March 21, 2023 – presented by Joel Flynn for the latest in the markets. Bitcoin sits near the US$28,000 mark, remaining relatively stagnant over the past 24 hours. The sideways trades come as market fears ease over the banking crisis.

Crypto Layoffs

Thousands of people have lost jobs in the tech industry, how is crypto faring?

Another Crazy Week For Bitcoin

Bitcoin and other cryptocurrencies bounce back after a turbulent week for banks in the US and Switzerland.

Thailand Turns to Crypto

Thailand’s recent crypto tax waiver announcement could be a gamechanger in boosting Thailand’s economy.

Japan’s Web3 Era

Japan’s been a little behind in the Web3 space, but their new Metaverse Economic Zone could be a game changer.

Circle’s USDC bounces back after Silicon Valley Bank bust

Top blockchain and crypto news: USDC stabilizes after SVB collapse. Silvergate closes shop. China tightens financial supervision.

Circle’s Disparte speaks on de-risking crypto from banking risks

The recent U.S. banks fallout is a stress test for both traditional finance and digital assets but to weather the storm side by side is a powerful opportunity, says Circle Chief Strategy Officer Dante Disparte.

A crisis of value?

Why the banking collapse could save NFTs.

Crypto banking crisis?

As the U.S. tries to head off a bank run, crypto is quickly running out of places to bank with.

Worst week of 2023

Crypto markets slammed by Fed, Silvergate, lawsuits.

Bank bust

Contagion, regulation worries grow after crypto bank’s demise

Women in crypto

Why progress isn’t the end of inequality.

Silvergate teeters as regulators circle and crypto firms cut ties

Top blockchain and crypto news: Silvergate woes spark bankruptcy talk. LDO dips on false enforcement rumors. Chinese leaders push digital development.

The Future of NFTs

As multi-chain NFTs take off, Forkast Labs launches a vital new way to measure value on the blockchain.

China’s Blockchain Bet

The Chinese “Two Sessions” meetings began over the weekend, and blockchain technology could be at the forefront of Beijing’s vision for growth

Crypto’s March Pullback

Cryptocurrencies across the market took a hit this week despite performing well over the past year.

CBDC: Boon Or Bane?

Critics fear CBDCs could mean the end of cryptocurrencies, and an increasing number of countries are racing to develop their own.

Indonesia’s Crypto First

Indonesia’s crypto coming of age could help them become a blockchain superpower

Blur NFT wash trading soars, fueling market distortions

Top blockchain and crypto news: Blur wash trading explodes. Coinbase extends developer foray with Base test. Hong Kong crypto embrace gets Beijing’s nod.

February 2023

NFT Fake Sales

The NFT market took a hit during the crypto winter, and as signs of healing start to show, there are concerns that some of the transactions are fake.

Crypto Crimes Surge

2022 saw a lot of cryptocurrencies traded illicitly through various crypto exchanges – but that figure only represents less than 1% of all crypto transactions performed. Could things be looking up?

Asia’s Opportunity to Lead Crypto Regulations

Crypto industry’s interaction with regulators is important and quite common in Asia but missing in the US, says Brooks Entwistle of Ripple Labs.

Crypto’s Weird Prices

Bitcoin and other cryptocurrencies have remained stable while Wall Street reported its biggest loss of the year. How has crypto remained unimpacted by problems seen by the stock market?

Hong Kong’s Crypto Dream

Hong Kong’s economy is shrinking, but a recent budget draft published by the government lists some changes that could help the city recover – and crypto is at the center of it all.

Web3’s biggest power up: casual games

Web3 gaming could see a huge turn in growth in 2023. Is there potential for this industry to match the growth and performance of the mainstream video game industry?

Blur lives up to name as its trading volume surpasses OpenSea

Top blockchain and crypto news: Blur’s success spurs changes at OpenSea. Is Binance eyeing US exit? Taiwan asset disclosure rules may include crypto.

DeFi Recovery Soon?

Lenders in the crypto sector are optimistic about DeFi’s recovery this year – but why is that?

Bataan Blockchain Plans

Blockchain can be utilized in numerous ways to benefit the public sector, Philippine province Bataan is getting a head start.

Bitcoin Breaches US$24,000

Bitcoin experienced its first ‘death cross’ ever, but what does this mean for the coin’s trajectory?

FTX Donations Clawback

The new leadership at FTX are threatening charitable and political organizations with lawsuits if they don’t return donated funds. Will this benefit ordinary depositors?

Paxos ordered to stop minting Binance stablecoin as SEC mulls legal action

Top blockchain and crypto news: Paxos halts BUSD issuance. Kraken faces disclosure charges. Beijing backs new blockchain research center.

Crypto Clampdown Begins

As financial regulators around the world continue to crackdown on stablecoins, some are asking if they are overreaching their jurisdiction.

Crypto Clarity Coming?

The UK and Europe are following suit in trying to regulate crypto. Just how far along have they come and what more do they have in store?

Bitcoin Price Dips

Bitcoin has fallen 4.5% since last week, but could this be seen as the coin trading sideways, or could we see even more drops in Bitcoin’s price?

Upgrading The Cloud

Blockchain data storage could be a game-changer in defining the future of cloud storage. Should you also be using blockchain to store your data?

Crypto Regulation Race

2023 could be the defining year for crypto regulation – but who’s leading the race to regulation and what’s the best way about it?

Binance makes Korea comeback with GOPAX acquisition

Top blockchain and crypto news: GOPAX deal sees Binance return to South Korea. Inflation fight spooks crypto markets. Chinese liquor giant gives cheers to NFTs.

Shanghai Staking Surge

Ethereum’s Shanghai upgrade brings about new changes and flexibility for investors – how much of an impact could it have on the industry?

NFT’s Bitcoin Future

Could there be a shift in Ethereum’s monopoly of the NFT world as new technologies arise?

India’s Budget Disappoints

India’s position on digital assets remains status quo as the country’s parliamentary budget hearing leads to disappointment in the crypto sector.

Islamic Crypto Finance

Islamic finance has seen growth in a time where most of the world’s economy has suffered losses. How could its integration into crypto help the industry?

Bitcoin mining fund soars as BTC powers into 2023

Top blockchain and crypto news: BTC mining ETF outperforms. SBF under pressure as accusations mount. ‘China’s Instagram’ embraces NFTs.

January 2023

Crypto’s Biggest Concern

There’s always the possibility of a bigger scam or a bigger hack this year than the ones we saw in 2022. So what can the crypto industry do to survive 2023?

Reversing Blockchain Transactions?

Some members of the crypto community are starting to question the insistence that “code is law”. But is technology the only issue surrounding blockchain?

Stablecoins To Rebound?

2023 looks to be the year of stablecoin regulation, but will that be enough to recover its market?

Blockchain as Enabler

The World Economic Forum’s annual meeting has come to an end. What key takeaways were there for the crypto industry?

Will Genesis meet its maker amid creditors closing in?

Top blockchain and crypto news: Genesis bankruptcy begins. FTX chief ponders a reboot. China’s CBDC gets a smart-contract upgrade.

2023 Should be the Year of Web3 Security

Despite 2022’s turbulent impact on the crypto industry, Immunefi CEO Mitchell Amador believes this year could encourage better Web3 security.

Indian Budget Ahead

India’s crypto tax laws have caused local trading volume to plummet and the industry is hoping for better news in the upcoming budget session.