Regulation
Coinbase disables NFT transfer on iOS app, citing hefty in-app fees
Cryptocurrency exchange Coinbase has disabled its non-fungible token transfer feature for iOS users, citing a dispute over Apple’s in-app purchase policy.
Timmy Shen
Forkast
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Most recent
Regulation
Terra cofounder Daniel Shin makes court appearance for arrest warrant review
Terra cofounder Daniel Shin attended a court hearing on Friday morning in South Korea that will decide on local prosecutors’ request to issue an arrest warrant.
Danny Park
Regulation
Sam Bankman-Fried says not aware of any improper use of funds in FTX downfall
Sam Bankman-Fried, founder of failed cryptocurrency exchange FTX, said he did not know of any improper use of customer funds at his company, in an interview with ABC News.
Timmy Shen
Investment Insights
S. Korea energy conglomerate builds US$84 mln metaverse fund
Daesung’s venture capital subsidiary recently established a fund worth 110 billion Korean won (US$84.5 million) for expanding investments into metaverse startups.
Danny Park
Altcoins
Markets: Bitcoin dips back below US$17,000, Ether falls, Dogecoin leads losers list
Bitcoin fell back below US$17,000 in Friday morning trading in Asia. Ether and all other non-stablecoin top 10 cryptocurrencies by market capitalization also lost ground.
Lachlan Keller
Regulation
VPN in China may be at risk as users report connection issues on Twitter
VPN services, a reliable tool for Chinese internet users to bypass the Great Firewall, are reporting connectivity issues in the mainland after anti-lockdown protest content flooded Twitter.
Timmy Shen
Altcoins
Markets: Bitcoin, Ether rise with Polygon topping gains in most top 10 cryptos
Bitcoin and Ether increased in Asian trading Thursday afternoon, with all other top 10 non-stablecoin cryptocurrencies mixed
Ningwei Qin
Crypto Trading and Strategies
Sam Bankman-Fried points blame for FTX collapse to Alameda, says he was blindsided
Bankman-Fried beamed into New York from the Bahamas to give his version of what happened at FTX, mentioning his own failure of oversight and being “frankly surprised” by what was going on at his company’s sister brokerage.
Timmy Shen
Bitcoin News
FTX collapse will blunt activities of North Korea hackers, analyst says
The collapse of FTX.com and its far-reaching impacts will hinder North Korea’s ability to profit from cryptocurrency hacks, says one analyst.
Danny Park
Metaverse Platforms
Meta’s Mark Zuckerberg is still optimistic about the metaverse
Meta's Mark Zuckerberg said that he remains optimistic about the future of the metaverse over a “five-to-ten-year horizon” despite widespread skepticism of his company’s venture into the technology.
Lachlan Keller
Altcoins
Troubled Hong Kong crypto exchange AAX unlikely to reopen, says former executive
Hong Kong-based crypto exchange AAX is likely to end operations and restructure, former head of communications, Ben Caselin, told CoinDesk TV on Wednesday.
Dylan Butts
Altcoins
South Korea’s Shinhan Bank starts ‘metaverse’ services, according to local media
Shinhan has opened a metaverse to provide financial and non-financial services, claiming to be the first bank in the country to provide such a platform.
Danny Park
Bitcoin News
U.S. crypto exchange Kraken to lay off 30% of its workforce, cites ‘market conditions’
U.S.-based crypto exchange Kraken said it will lay off 30% of its global workforce, or approximately 1,100 people, to “adapt to current market conditions.”
Lachlan Keller
Regulation
Indonesia central bank releases whitepaper on digital rupiah, to develop wholesale CBDC first
Indonesia’s central bank has released a whitepaper detailing plans for its central bank digital currency (CBDC), as the country looks to “advance digital transformation.”
Timmy Shen
Altcoins
Telegram plans decentralized crypto exchange, wallets following FTX collapse
Telegram plans to build non-custodial wallets and decentralized exchanges for cryptocurrencies following the collapse of the FTX exchange says CEO Pavel Durov.
Dylan Butts
Regulation
It’s time for more institutions to adopt blockchain and crypto: Opinion
Despite the myriad benefits of blockchain and cryptocurrency, institutional interest remains mixed in Asia Pacific. What lessons should the industry learn from 2022 to overcome the barriers to adoption?
Diogo Mónica
Bitcoin News
Markets: Bitcoin, crypto, rise after Fed Chair Powell hints at easing rate hikes
Bitcoin and Ether rose as Fed Chair Jerome Powell said on Wednesday that the central bank may start easing interest rate hikes.
Lachlan Keller
Regulation
Binance re-enters Japan with acquisition of regulated Sakura Exchange BitCoin
Ningwei Qin
Economic Impacts
Philippine Blockchain Week: Blockchain adoption struggles in the Philippines as businesses ‘invest to survive’
Blockchain adoption in the Philippines is struggling because businesses are focused on survival, according to Dr. Donald Lim, lead convenor at Philippine Blockchain Week in Manila.
Zoltan Vardai
Bitcoin News
Grayscale holdings questioned amid crypto investment giant’s silence
Top blockchain and crypto news: Grayscale’s cryptic reserves. Binance rides to the rescue? China hit by protests and digital dissent.
Forkast.News