Forkast
Altcoins
Binance CEO Changpeng Zhao said Binance will liquidate its remaining FTT tokens issued by the second-largest crypto exchange FTX amid questions over Alameda Research.
Ningwei Qin
Regulation
KakaoBank, one of South Korea’s online-only banks with nearly 20 million users, said it will start providing accounts for users of Coinone exchange in November.
Danny Park
Bitcoin News
Bitcoin and Ether fell in Monday morning trading in Asia as the crypto market gave up some gains made on the weekend on the back of U.S. job numbers on Friday.
Lachlan Keller
Regulation
HashKey Capital Singapore, an investment arm of Hong Kong-based HashKey Group, said on Friday that it received an in-principle approval for the Capital Markets Services license from the Monetary Authority of Singapore (MAS).
Pradipta Mukherjee
Altcoins
Singapore blockchain-based carbon credits exchange Metaverse Green Exchange (MVGX) will partner crypto data provider Chainlink to explore tokenized carbon trading.
Ningwei Qin
Altcoins
Bitcoin and Ether gained with mixed results across the top 10 cryptocurrencies by market capitalization, excluding stablecoins. The Hong Kong Hang Seng Index gained 5.30% amid speculation that the Chinese economy will soon reopen.
Oisin Mcilroy
Regulation
Cryptocurrency exchanges and Web 3.0 companies, including Coinbase and Polygon, have formed the Bharat Web3 Association in India to strengthen regulation and consumer protection for the industry.
Pradipta Mukherjee
Altcoins
The network says the apparent attack was just a preemptive safeguard against an issue with a cross-chain bridge.
Dylan Butts
Regulation
The Canadian government will begin a consultation on the risks that digital assets and currencies may pose to the country’s traditional financial system.
Oisin Mcilroy
Altcoins
San Francisco-based dashcam maker and decentralized mapping service provider Hivemapper issued cryptocurrency tokens HONEY to reward dashcam users for contributing driving data and road imagery on Friday Hong Kong time, according to a press release shared with Forkast.
Ningwei Qin
Investment Insights
After dabbling in cryptocurrency product offerings, Goldman Sachs is now offering a service to clients to help analyze tokens and market trends.
Lachlan Keller
Regulation
The South Korean founder of the collapsed Terra stablecoin faces multiple allegations of wrongdoing, the latest being price manipulation.
Danny Park
Advanced Blockchain Technologies
U.S. computer scientist Stuart Haber, recognized with Scott Stornetta as the co-inventor of blockchain, says he is excited to see the evolution of the technology, not only in the financial sector, but also in entertainment, business, and technology industries.
Pradipta Mukherjee
Altcoins
Bitcoin and Ether rose in Friday morning trading in Asia. Polygon's Matic led gains in the top 10 tokens after Instagram said it would use Polygon to integrate NFTs into its platform.
Lachlan Keller
Advanced Blockchain Technologies
London-headquartered banking giant Standard Chartered announced on Thursday that it had invested in the blockchain-based interbank settlement platform Partior, a joint venture of JP Morgan, DBS bank and Temasek.
Pradipta Mukherjee
Market Analysis
Bursting of speculative bubble described as a turning point in the evolution of digital assets as industry players and observers welcome promise of mainstream adoption and better governance.
Yohan Yun
Regulation
The Monetary Authority of Singapore (MAS) wants to build the city-state into a “crypto hub” fueled by instant settlements, tokenized assets and programmable money, not “speculating in cryptocurrencies,” Ravi Menon, the central bank’s managing director, said at the Singapore FinTech Festival on Thursday.
Pradipta Mukherjee
Regulation
The MAS launched Project Ubin+ on Thursday, a collaborative initiative with international partners to explore cross-border foreign exchange settlements using wholesale CBDC.
Pradipta Mukherjee
Blockchain Security
OpenSea will pilot a system that freezes the trading of NFTs involved in suspicious sales while it reviews the transaction.
Dylan Butts
Regulation
Digital wallet service provider Cryptillian Payment Systems has requested to file an amicus brief to support Ripple Labs Inc. in the latter’s ongoing court battle against the U.S. Securities Exchange Commission (SEC).
Timmy Shen
