Altcoins
Bitcoin, Ether continue to slide; altcoins under pressure
Bitcoin remained under US$26,000 and Ether dropped below US$1,600 in Tuesday afternoon trade in Asia.
Pradipta Mukherjee
Forkast
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Most recent
Regulation
Nepal central bank plans CBDC within two years, crypto and stablecoin still excluded, says spokesperson
It has been more than a year since Nepal’s central bank, the Nepal Rastra Bank, initiated amendments to the law to enable the issuance of the digital version of the Nepalese rupee. What is the status of its CBDC?
Jenny Ortiz
Regulation
Standard Chartered’s crypto custody arm Zodia launches in Singapore
Zodia Custody owned by Standard Chartered, announced Tuesday that it is launching its services in Singapore for financial institutions.
Danny Park
DAO Governance
Why DAOs are choking on majority rule and failing their democratic ideals
To solve DAOs’ people problems with mismanagement and bad actors, they need to lean into automation — and take more matters out of human hands.
Taylor Johnson
Advanced Blockchain Technologies
Gaming blockchain Oasys partners Japan telco KDDI’s αU Wallet, αU Market in Web3 push
Zoltan Vardai
Bitcoin News
Bitcoin, Ether lose key support levels; altcoins slide amid FTX liquidation woes
Bitcoin fell on Tuesday morning in Asia to hover above US$25,000 after briefly losing the key support level. Ether also slid to lose control of US$1,600.
Tom Zuo
Bitcoin News
Bitcoin, Ether extend losses; G20 eyes global crypto regulation
Bitcoin started the week below US$26,000 while Ether dropped to US$1,611. Toncoin and XRP lead losers in the last 24 hours.
Pradipta Mukherjee
Advanced Blockchain Technologies
Animoca Brands raises US$20 million to boost Mocaverse
Animoca Brands announced Monday that it has raised US$20 million to accelerate the development of Mocaverse, its flagship project.
Danny Park
Market Analysis
Advice for Web3 projects: Your reputation is as important as your runway
Web3 companies often focus on building their tech above all else, but poor public communications can undermine all the work they do.
Samantha Yap
Altcoins
FTX sues LayerZero Labs to recover US$21 million
FTX cryptocurrency exchange has filed a lawsuit against LayerZero Labs to recover $21.37 million allegedly withdrawn from the exchange illegally.
Danny Park
Regulation
U.S. SEC moves to appeal Ripple court decision
The U.S. Securities and Exchange Commission (SEC) submitted a filing last Friday that pushed the court of the Southern District of New York to appeal its ruling on the agency’s lawsuit against Ripple Labs.
Danny Park
Bitcoin News
Bitcoin starts week below US$26,000; Ether dips after hack on Vitalik Buterin’s X account; more rate hike worries on Wall Street
There was red ink across the crypto market Monday morning in Asia as Bitcoin dipped below US$26,000. Ether also fell to near the US$16,000 mark.
Tom Zuo
Regulation
Korea Blockchain Week: diverging crypto paths for the US and Asia
The annual Korea Blockchain Week conference in Seoul is running from Sept. 4 to 10. Crypto industry leaders and advocates from around the world have gathered in the South Korean capital to discuss all things blockchain, including the growing regulatory gap between the U.S. and Asia.
Danny Park
New DAO Projects
From Fukuoka to the world? The Japanese DAO trying to shake up sports fandom
In the second installment of Forkast’s <a href="https://forkast.news/bitcoin-real-bedford-football-bear-market">‘Crypto in Sport’ series </a>we head to the land of the rising sun, where J1 League football club Avispa Fukuoka have incorporated a first-of-its-kind DAO into their operations. Can the DAO provide a model for the rest of the sports world to follow? Can it change the way fans engage with their clubs?
Will Fee
Bitcoin News
Weekly Market Wrap: ETF developments bolsters Bitcoin above US$26,000
Bitcoin returned to US$26,000 on Friday, bolstered by Ark Invest’s Ether ETF application and Grayscale’s continued efforts for its potential Bitcoin ETF.
Zoltan Vardai
Bitcoin News
Ether, most top 10 cryptos rise as Bitcoin leads gains in market recovery
Zoltan Vardai
Regulation
Former FTX exec Ryan Salame to forfeit US$1.5 billion after pleading guilty to charges
Salame pleaded guilty Thursday in New York to two criminal charges related to the collapse of the FTX cryptocurrency exchange last November.
Danny Park
Bitcoin News
North Korean hackers stole US$41 million from gambling site: FBI
North Korea-backed Lazarus Group was behind the US$41 million hack of online crypto gambling platform Stake.com on Monday, FBI says.
Danny Park
DeFi News
U.S. CFTC charges three DeFi projects for illegal derivatives offerings
CFTC charged three U.S.-based decentralized finance protocols – Opyn, ZeroEx and Deridex – on Thursday for omitting necessary registrations .
Danny Park
Bitcoin News
Bitcoin ETF: The quiet 800-pound gorilla in the room is about to roar
The general public does not know this yet, but there is no longer any doubt that a Bitcoin spot ETF will come to the US market, writes Charlie McGlynn of XREX. It's just a matter of when.
Charlie McGlynn