Articles by

Timmy Shen

Timmy Shen is a Taipei-based journalist at Forkast. Previously, he wrote for Caixin Global and TechNode, covering topics ranging from fintech to fan economy. He also cares about LGBT+ issues and is a shabu shabu fanatic. Timmy holds an MS degree from Columbia Journalism School.

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October 2022

China’s international blockchain push may face Huawei-like obstacles

China spent billions on its ‘belt and road’ infrastructure network to expand trade so what are its plans for a domestic and international digital infrastructure built on blockchain?

FastForkast headlines

SEC opposes motions from two firms seeking to back Ripple in XRP lawsuit

Asus launches NFT platform to plug into Web 3.0

Markets: Bitcoin price holds above US$19,000; Ether rises, XRP biggest gainer

Bitcoin miner reserves hit lowest level since Feb 2010

Two firms seek to weigh in on XRP lawsuit between SEC, Ripple

October 2022

China busts ‘world’s dumbest thieves’ in digital yuan money laundering case

Chinese authorities can track e-CNY wallet transaction history, if warranted, thanks to its ‘managed anonymity’ design.

SEC, Ripple seek summary judgment in attempt to speed up XRP lawsuit

The argument centers around if Ripple’s XRP sales were offerings of unregistered securities.

Binance’s US$7.5 billion woman sees plenty of promise in bear markets

Yi He, who manages the multibillion-dollar portfolio at Binance Labs, is looking to invest in Web 3.0 projects from infrastructure, application and data to analytics and security.

China has seen blockchain’s future and it doesn’t include cryptocurrencies

China’s Blockchain-based Service Network wears two hats in building blockchains: one for business in China and one for everywhere else, but it doesn’t see a role for crypto in either.

China to speed up, expand digital yuan smart contracts, PBOC official says

Mu Changchun, head of the central bank’s digital currency institute, says the agency is developing a platform to review and register smart contracts for e-CNY, the country’s new digital currency in trial.

FastForkast headlines

Two firms seek to weigh in on XRP lawsuit between SEC, Ripple

XRP price surges after U.S. court rejects SEC objection in Ripple lawsuit

Binance launches ETHW mining pool, ETHW price surges

Bitcoin mining difficulty drops 2% after reaching all-time high in last adjustment

Binance law enforcement training program to seek out ‘bad actors’

Russia said to consider digital ruble settlements with China

Japan plans new crypto transfer rules to combat money laundering

BIS mBridge cross-border CBDC project concludes pilot, advisor says

Markets: Bitcoin price rises above US$20,000, XRP rebounds, Ether rallies

China says it busted US$5.6B crypto money laundering ring

Markets: XRP reverses gains, Bitcoin stuck under US$19,000, Ether trades lower

Markets: XRP soars 23%, Bitcoin holds above US$19,000, Ether gains

Coinbase gets nod from Dutch central bank to offer crypto services

Binance taps ex-U.S. senator Max Baucus to chair global advisory board

Markets: XRP bounces back, Bitcoin stuck under US$19,000, Ether loses more ground post-Merge

Cryptocurrency lobby group gets court approval to weigh in on SEC vs Ripple’s XRP lawsuit

Ripple objects to SEC’s relief suggestion in XRP lawsuit

Binance leads funding round in blockchain specialist Salus Security

Do Kwon says “not on the run” as S.Korea calls for Interpol’s red notice

Markets: Bitcoin price holds under US$20,000; Ether falls nearly 10%

F2Pool, Poolin, Antpool launch ETHW mining pools

Cryptocurrency lobby group seeks to weigh in on SEC vs Ripple’s XRP lawsuit

Bitcoin mining difficulty reaches all-time high, up 3.5% in latest adjustment

Ripple opposes SEC request to seal expert witness identities in XRP lawsuit

Hacks, losses in cryptocurrency offer vast opportunity for insurers

Markets: Bitcoin trades above US$22,000, Ether slips back, Solana rises

SEC seeks to seal information exposing expert witness identities in XRP lawsuit

China wants unified QR code systems for digital yuan, central bank official says

Markets: Bitcoin, Ethereum hold gains, Terra Classic soars on Luna airdrop

Fed officials call for stablecoin regulations amid concerns over financial stability

Markets: Bitcoin stays under US$19,000, Ether biggest loser among top 10 crypto

Ethereum Classic surges over 24%, hashrate hits record high

Markets: Bitcoin stuck under US$20,000, Ether edges up, Cardano slides

Binance chief Changpeng Zhao reiterates Binance not a Chinese company

Binance says it complies with regulators following US anti-money laundering probe report

Bybit to work with Circle to offer USDC spot pairs

US Digital Dollar Project to work with Ripple on CBDC technical sandbox

September 2022

FastForkast headlines

US Digital Dollar Project to work with Ripple on CBDC technical sandbox

Bitcoin mining difficulty at its second highest on record, rises over 9%

Markets: Bitcoin holds gains; Ether, Avalanche surge; Solana jumps

SEC, Ripple take XRP lawsuit battle to media as well

Markets: Bitcoin fails to hold above US$20,000, Ether slumps, SHIB slides

SEC files no objection to Ripple request to seal non-party identities in XRP lawsuit

Markets: Bitcoin, Ether fall; Solana, BNB slip, while Cardano rises

Taiwan to launch digital ministry, use Web 3.0 against Chinese cyberattacks

Binance to suspend ETH deposits, withdrawals during “The Merge”

SEC seeks to file up to 90-page long reply to motion in XRP lawsuit

Ant Group, Malaysian investment bank Kenanga develop crypto wealth app

Markets: Dogecoin still in the dog house; Bitcoin, Ether make up some ground

Huobi Global talking to Malaysian regulator about being put on investor alert list

Markets: Bitcoin edges up, Ether posts biggest gain among top 10 tokens

Tencent gets patent nod to use blockchain for missing persons’ notices

S. Korea tax authority says crypto airdrops subject to gift tax: report

Uniswap blocks over 250 wallet addresses from front end in sanction compliance

Markets: Bitcoin, Ether dip; DOGE, SHIB slide; Jackson Hole, Merge in focus

Creditors object to bankrupt crypto lender Voyager paying out bonuses

Markets: Bitcoin below $22,000; Ether extends decline; Cardano, Solana, DOGE slide

Mining rig maker Canaan shares nudge up, profit expanded in Q2

Bitcoin mining difficulty rises 0.63% in latest adjustment

Tether to release monthly USDT reserves report with new auditor BDO Italia

Markets: Bitcoin, Ether fall; Solana, DOGE extend their declines