Forkast
Altcoins
Bitcoin and Ether prices fell in Tuesday morning trading time in Asia, while memecoin Dogecoin and Shiba Inu had the biggest gains among the top 10.
Danny Park
Regulation
India’s central bank, the Reserve Bank of India (RBI), will pilot the country’s first digital rupee in the wholesale segment (e₹-W) from Nov. 1 and has identified nine banks for participation in the trial.
Pradipta Mukherjee
Advanced Blockchain Technologies
A hybrid middle ground between Web 2.0 and Web 3.0 is necessary before full Web 3.0 integration, argued Jehan Chu, co-founder and managing partner of blockchain venture capital firm Kenetic Capital, adding that “it’s not the fully decentralized future we were promised, but it's the one we’re going to get first.”
Oisin Mcilroy
Altcoins
Singapore-based Alta, a digital marketplace for alternative investments, has acquired private digital securities exchange Hg Exchange (HGX) for an undisclosed amount.
Pradipta Mukherjee
Regulation
Hong Kong reveals digital asset policies to distinguish itself from China, where cryptocurrency trading was banned in September last year.
Ningwei Qin
Regulation
Privacy protection is “top on our agenda,” but combating crime is equally important for the digital yuan, central bank governor Yi Gang said at the Hong Kong Fintech Week.
Timmy Shen
Altcoins
DBS Bank, the largest lender in Southeast Asia, has partnered the Singapore government’s Open Government Products (OGP) to pilot purpose-bound money-based vouchers (PBM) using tokenized Singapore dollars to facilitate live transactions with selected merchants.
Pradipta Mukherjee
Altcoins
Bitcoin fell in evening trade in Asia along with almost all other top 10 cryptocurrencies by market capitalization, excluding stablecoins, with the sole gain seen in Polkadot’s uptick.
Oisin Mcilroy
Bitcoin News
The Bitcoin white paper, published 14 years ago this day, launched an industry that is now subsidizing clean energy and turning waste into digital gold, writes Will Szamosszegi of Sazmining.
Will Szamosszegi
Altcoins
South Korea-based blockchain game developer Wemade is working on a fix for WEMIX after four major crypto exchanges in the country added the cryptocurrency to an “investment warning” list for inaccurately reporting circulation numbers.
Danny Park
Regulation
The city is seeking to allow digital asset-based exchange-traded funds (ETFs) to be publicly listed and traded in the city.
Ningwei Qin
Regulation
The founder of crypto exchange FTX, which moved out of Hong Kong in 2021, said that the city could emerge as a Web3, blockchain and cryptocurrency hub.
Dylan Butts
Legal Insights
A hearing is scheduled in Singapore on a lawsuit filed against Terraform Labs' Do Kwon on behalf of investors who lost about US$57 million in the collapse of Terra-LUNA.
Danny Park
Crypto Trading and Strategies
Trading volume on cryptocurrency exchange Crypto.com has slumped about 90% in the 12 months since the company’s “fortune favors the brave” ad.
Lachlan Keller
Altcoins
Bitcoin and Ether fell in Monday morning trading in Asia, along with most other top 10 cryptocurrencies by market capitalization, excluding stablecoins.
Lachlan Keller
Bitcoin News
Visa International Service Association on Oct. 22 filed two trademark applications that hinted at plans of launching a crypto wallet.
Zoltan Vardai
Market Analysis
It is the one-year anniversary of Facebook's rebrand as Meta, a major step in the company's foray into virtual reality and Web3. However, in actual reality, not everything has gone to plan for the platform's new parent company.
Dylan Butts
Bitcoin News
Bitcoin dropped nearly 3% in afternoon trading in Asia. All other top 10 cryptocurrencies by market capitalization, excluding stablecoins, declined following a strong two-day rally by most tokens.
Oisin Mcilroy
Altcoins
Binance has confirmed its participation in Tesla Chief Executive Officer Elon Musk’s Twitter acquisition as an equity investor.
Timmy Shen
Advanced Blockchain Technologies
The use of blockchain technology in finance will have an impact similar to that of YouTube on the media industry, said Lee Jun-haeng, CEO of South Korea-based blockchain company Streami.
Danny Park
