Forkast
NFT Marketplaces
New York-based technology consulting firm, Activate Consulting, has projected that 2023 will see “the end of NFTs hype cycle” with the token class expected to undergo major changes in how they are used and regarded.
Oisin Mcilroy
Blockchain Basics
Busan, S. Korea’s designated blockchain city, plans to make itself a global center for the technology. Binance, the world's largest crypto exchange, plans to help.
Danny Park
Regulation
When China banned cryptocurrency trading and mining in September 2021, it was feared that policy would make its way into Hong Kong. Seems that concern is getting a rethink.
Ningwei Qin
Altcoins
Sam Bankman-Fried, founder of the crypto exchange FTX, says he hopes FTX will soon join most other major exchanges in having launched a stablecoin.
Oisin Mcilroy
Bitcoin News
When the Grim Reaper comes, will he take all your Bitcoins, too? Here’s how to ensure your crypto wealth will survive and live on for your heirs.
Ruben Merre
NFT Marketplaces
LooksRare is the latest NFT marketplace to make paying creator royalty fees optional as the industry struggles amid an ongoing slump in the NFT market.
Lachlan Keller
Altcoins
Crypto exchange Huobi Global will delist its stablecoin HUSD on Friday, refund holders 1:1 with USDT.
Ningwei Qin
Altcoins
Bitcoin’s recent price gains came to a halt in Friday morning trading in Asia though it remained above the US$20,000 support line.
Lachlan Keller
Regulation
India has witnessed an increase in drug smuggling using cryptocurrencies and the darknet, according to the country’s Home Minister Amit Shah.
Pradipta Mukherjee
Altcoins
The National Bank of Kazakhstan [NKB] will be testing the integration of their central bank digital currency (CBDC) on the BNB Chain.
Zoltan Vardai
Regulation
The United Kingdom High Court has shut down PGI Global UK Ltd. for allegedly running a crypto scam and has appointed the official receiver as the company’s liquidator.
Pradipta Mukherjee
Bitcoin News
The Nasdaq-listed company expects to deplete its cash resources by the end of this year.
Timmy Shen
Regulation
Hong Kong is mulling plans to legalize retail crypto trading to regain its status as a global digital asset hub.
Zoltan Vardai
Altcoins
Bitcoin extended its rally and rose nearly 2%, with top 10 cryptocurrencies by market capitalization, excluding stablecoins, mostly higher on the day, led by Dogecoin’s 18% gain as Elon Musk’s purchase of Twitter neared completion.
Oisin Mcilroy
Blockchain Security
Binance CEO Changpeng Zhao believes education is key to a wider, safer adoption of blockchain technology.
Danny Park
Regulation
Bankman-Fried says the global crypto industry needs a “passporting” policy framework that lowers barriers for crypto businesses.
Danny Park
Altcoins
Ethereum founder Vitalik Buterin has called crypto “the better bet” over gold, and that “gold has less adoption than crypto.”
Zoltan Vardai
Regulation
The SEC is not taking a position on two motions, submitted by non-profit organization Investor Choice Advocates Network and crypto wallet provider SpendTheBits, which seek to weigh in on the lawsuit between the SEC and Ripple.
Timmy Shen
Altcoins
The future of the burgeoning Web3 sector will be gaming and non-fungible tokens, said Eric Anziani of global digital asset exchange Crypto.com.
Danny Park
Market Analysis
Meta's metaverse division Reality Labs lost US$3.7 billion in the third quarter of this year, bringing its accumulated losses in 2022 to US$9.4 billion.
Ningwei Qin
