Articles by
Yohan Yun
Yohan is an Assignment Editor at Forkast and has worked as an assistant reporter covering stories in Asia for media publications such as Bloomberg BNA and Forbes, on topics related to Korea-US FTA, technology, environment, 2017 tax legislation amendments.
September 2022
Kevin O’Leary to launch Web3 fund with backing from UAE; pushes back on Jamie Dimon
Kevin O’Leary plans to launch a Web 3.0-focused investment fund called Cipher, the Shark Tank investor told Forkast Editor-in-Chief Angie Lau at the Converge22 blockchain and cryptocurrency conference on Wednesday in San Francisco. See related article: Capital gains: How Web3 property rights can transform the digital economy Fast facts “We’ve got to get away from this […]
WazirX resumes banking operations after account freeze lifted
India’s financial crime fighting agency has allowed WazirX to resume banking operations after unfreezing its bank accounts, the crypto exchange said on Monday. See related stories: India’s WazirX says it has no-tolerance policy on illegal activities Fast facts WazirX, one of India’s largest crypto exchanges by trading volume, said in a statement that its active […]
Central banks of France, Nigeria latest to join Hyperledger Foundation
Banque de France and the Central Bank of Nigeria will headline the newest batch of eight members joining the Linux Foundation’s enterprise blockchain ecosystem, the Hyperledger Foundation. See related article: Back to the future: Blockchain returns to the real world Fast facts See related article: How enterprises are fueling blockchain adoption among SMEs
August 2022
Most in Ethereum community will use L2 scalers: Vitalik Buterin
The Ethereum layer-1 chain should eventually “stop changing completely,” to provide stability on the base layer, Ethereum cofounder Vitalik Buterin said in a conference in Seoul on Thursday. See related article: Prominent Chinese ETH miner plans proof-of-work fork amid The Merge Fast facts “If a layer-1 tries to do everything, there are a lot of […]
February 2022
India to place 30% tax on crypto income
Indian Finance Minister Nirmala Sitharaman said in her budget speech on Tuesday that a 30% tax will be levied on income from all cryptocurrency or digital assets transfers. Fast facts The levy on cryptocurrency will also apply to non-fungible tokens (NFTs) and gifts, where the recipient will be taxed. In case of losses from crypto […]
India FM: RBI to issue blockchain-based digital rupee
Indian Finance Minister Nirmala Sitharaman confirmed at the parliament budget session on Tuesday that the Reserve Bank of India (RBI) will issue a digital rupee based on blockchain, as she proposed the issuance for financial year 2022-23. Fast facts “Digital currency will also lead to a more efficient and cheaper currency management system,” the minister […]
December 2021
Shiba Inu coin burn and gaming deals can’t stop its price slide
$30 million worth of SHIB stolen in BitMart hack sparks hunt for the dognapper, as ecosystem developments fail to return Shiba Inu coin to its former glory.
May 2021
Bitcoin long positions worth $1.5 billion liquidated amid crypto crash
Around US$1.5 billion of Bitcoin long positions were liquidated today across some of the world’s top crypto exchanges, including Binance and FTX, according to Bybt data.
April 2021
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.
October 2020
Space Race’s success prompts Filecoin to announce Space Race 2 | Space Race Episode 3
Space Race miners accumulate 230 PiB of storage as independent miners show why they’re the day-to-day heroes.
September 2020
Space Race miners challenged with rapid network upgrades | Space Race Episode 2
Miners have accumulated over 215 PiB of storage power in Filecoin’s Space Race, but daily updates have been slowing them down.
HackFS kickstarts project development in Web 3.0
The end of HackFS signals the start of Space Race as developers prep for the global decentralization of storage nodes in the era of Web 3.0.
Filecoin’s mainnet aims for the clouds of Web 3.0
Web 2.0 gave users the power to engage with other users and contribute content to the network, but data is still stored in centralized databases. Web 3.0 wants to end all of that.
July 2020
Release the robots: reinforcements arrive on the Covid-19 battlefield
Robot nurses, machine attendants and cleaning bots are increasingly replacing humans in and out of hospitals, to protect front-line medical staff from deadly infections. Is this a good thing?
June 2020
DeFi is ready for India, but are Indian authorities ready for crypto?
India and DeFi could be headed for a symbiotic relationship — unless the government cracks down on crypto again and forces a breakup.
May 2020
Blockchain will disrupt the entertainment industry. Which part first?
Cinemas are closed, Netflix is here, but torrent providers renew their careers!
April 2020
What is ‘proof of work’ and how does that affect Bitcoin halving?
Forkast.News explains ‘proof of work’ — the DNA of Bitcoin — and and why most of the world’s cryptocurrency miners will soon be sweating a lot more for their coins.
February 2020
Are PewDiePie, Manny Pacquiao and Spencer Dinwiddie riding the blockchain wave?
As bold-face names in entertainment and sports like PewDiePie, Manny Pacquiao and Spencer Dinwiddie dabble in blockchain technology, their use of cryptocurrency signal a growing shift toward grassroots financing and cutting out traditional middlemen. But some celebrities are finding a legal minefield.