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 […]
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 […]
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, it said on Monday. See related article: Back to the future: Blockchain returns to the real world Fast facts CasperLabs, BCW Group, DSR Corporation, Realto Group, Digital Identity […]
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 […]
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 […]
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 […]
$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.
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.
Are South Korea’s new cryptocurrency exchange regulations skewing its crypto market? Meanwhile, Upbit’s parent Dunamu surges on NYSE listing rumors.
Space Race miners accumulate 230 PiB of storage as independent miners show why they’re the day-to-day heroes.
Miners have accumulated over 215 PiB of storage power in Filecoin’s Space Race, but daily updates have been slowing them down.
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?
India and DeFi could be headed for a symbiotic relationship — unless the government cracks down on crypto again and forces a breakup.
Cinemas are closed, Netflix is here, but torrent providers renew their careers!
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.
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.