Bitcoin News
Cash App users can now receive Bitcoin via the Lightning Network
Cash App users in the U.S. can now buy, send, and receive Bitcoin using the Lightning Network, directly within the app.
Zoltan Vardai
Forkast
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Most recent
Regulation
Hong Kong crypto firm Q9 Capital gets Dubai provisional approval
Hong Kong-based crypto investment firm Q9 Capital has received a provisional virtual asset approval from Dubai’s Virtual Asset Regulatory Authority (VARA), the company said on Wednesday in a statement shared with Forkast.
Pradipta Mukherjee
Altcoins
Aptos debut underwhelms amid questions over design and performance
Top blockchain and crypto news: Aptos launch falls short. Why FTX chief is calling for crypto regulations. Is Hong Kong paving way for a retail CBDC?
Forkast.News
Regulation
BIS’ mBridge shows CBDCs enhance cross-border payment efficiency: HKMA
The pilot successfully executed real-value cross-border transactions involving four currencies and 20 commercial bank participants across four jurisdictions, the HKMA said.
Timmy Shen
Regulation
Singapore floats tests for retail crypto traders, plans to regulate stablecoins
The central bank is also considering options such as banning crypto firms from offering credit facilities, leverage or staking services to retail traders.
Pradipta Mukherjee
Regulatory News
Chinese blockchain firms conducting financial businesses may be violating PBOC guidelines
The People’s Bank of China (PBOC) has reminded financial technology (fintech) firms to comply with financial laws and regulations, in the central bank’s new set of guidelines released earlier this month.
Ningwei Qin
Bitcoin News
Markets: Bitcoin price hits three-week high; top 10 cryptos gain, led by Ether
Bitcoin posted a three-week high in afternoon trading in the Asia time zone. Ether led gains across all top 10 cryptocurrencies by market capitalization, with a 12% surge. Cardano’s ADA and Solana’s token also registered double-digit gains.
Oisin Mcilroy
Bitcoin News
US alleges Chinese spies used Bitcoin to bribe law enforcement officer
Two Chinese intelligence officers allegedly paid a double agent to help steal files related to a federal investigation into a China-based global telecom firm, reported to be Huawei.
Timmy Shen
Regulation
S.Korea’s Shinhan Securities lays groundwork toward hoped-for crypto expansion
As a leading financial institution of South Korea, Shinhan is gearing up for business expansion into crypto — while a local ban remains on the books.
Danny Park
Upcoming NFT Projects
Meta, Taiwan LGBT group launch NFTs for upcoming pride
Meta is collaborating with a Taiwan LGBT advocacy group and a local cryptocurrency exchange to issue charity NFTs as part of the Taiwan Pride celebration.
Timmy Shen
Regulation
UK lawmakers vote to regulate digital assets as financial instruments
Lawmakers in the British Parliament's lower house voted in favor of recognizing cryptocurrency assets as regulated financial instruments and products Tuesday.
Dylan Butts
Advanced Blockchain Technologies
Singapore court issues ‘huge’ NFT decision, allows papers to be served via blockchain
The lead counsel for the plaintiff in the case has called Friday’s ruling a decision with implications for the global blockchain industry
Lachlan Keller
Regulation
Australian 2022 budget confirms digital assets will not be taxed as foreign currency
The Australian Government has clarified that cryptocurrency will continue to be taxed as an asset class instead of a foreign currency in its 2022 budget released on Tuesday.
Lachlan Keller
Regulation
As US midterms approach, poll says voters want policy interests to align with crypto, technology
Survey reveals popularity of crypto ownership among voters, their hopes for the industry’s growing potential and the need for regulation to protect consumers.
Oisin Mcilroy
Altcoins
Crypto.com, Gate.io sign on to boost Busan’s blockchain aspirations
South Korea’s Busan signs agreements global cryptocurrency exchanges Crypto.com and Gate.io to grow the city’s blockchain ecosystem.
Danny Park
Regulation
Markets: Bitcoin price back above US$20,000, Ether jumps as U.K. votes to regulate crypto
Bitcoin was trading above US$20,000 for the first time in almost three weeks on Wednesday morning trading in Asia.
Lachlan Keller
NFT Marketplaces
Reddit NFT trading volume hits all-time daily high as avatars sell out
Reddit non-fungible token (NFT) avatar trade volumes hit an all-time high, with sales exceeding US$2.5 million in the past 24 hours.
Zoltan Vardai
Bitcoin News
Markets: Bitcoin little changed, Ether rises, top 10 cryptos mixed, XRP leads losers
Bitcoin traded flat on Tuesday afternoon in Asia hours, while Ether edged higher in a mixed day for prices among the top 10 cryptocurrencies by market capitalization, excluding stablecoins. XRP led the losers for the second consecutive day. Polygon’s Matic token held onto recent gains and Dogecoin also moved higher.
Oisin Mcilroy
Upcoming NFT Projects
Taiwan singer Annie Yi taps LGBT NFTs with artist son to advocate inclusion
The singer-actress and son Harrison Yu said they launched the Theirsverse NFT brand in New York to engage marginalized groups in the early building of Web 3.0.
Timmy Shen
Regulation
HNWI, family offices to drive crypto adoption across Asia: KPMG, Aspen Digital report
Oisin Mcilroy