Regulation
U.S. Treasury nominees pledge beefed-up crypto AML enforcement
Two nominees to the U.S. Treasury Department have promised, if they are confirmed in their posts, to implement new regulations relating to cryptocurrency.
Lachlan Keller
Forkast
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Most recent
Bitcoin News
Bitcoin price rebounds after falling below $30K for first time in 6 months
After a spate of bad news, Bitcoin's price tumbled to its lowest level this year before climbing back up to $34,000. Where are BTC prices likely to go next?
Lucas Cacioli
Regulation
Report: US cryptocurrency crimes surging by 300% a year
Crypto-related crime in the US increased an average of over 300% per year from 2017 to 2020with a total of 82,135 cases last year alone.
Lachlan Keller
Advanced Blockchain Technologies
What is Ethereum, and could it become the future of blockchain?
Ethereum is much more than a cryptocurrency, and it has already attracted huge interest among investors. What’s all the fuss about? Forkast.News explains.
Zoltan Vardai
Regulation
Chinese crypto miners head west as Beijing’s crackdown gains pace
Kazakhstan offers nearby bolthole as North America and Europe beckon.
Timmy Shen
NFTs and Art
How NFTs can increase efficiency in trade finance
Better known for uses in art and collectibles, non-fungible tokens can also improve supply chains and prevent fraud. Richard Crook of LAB577 explains how.
Richard Crook
Regulation
South Korean crypto exchange Upbit to sue Pica Project after delisting coin
South Korean cryptocurrency exchange Upbit is preparing legal action against crypto coin issuer Pica Project, whose tokens it has delisted from its platform.
Danny Park
Advanced Blockchain Technologies
French central bank, SEBA Bank wrap CBDC securities settlement test
France's central bank has successfully completed a central bank digital currency experiment involving the settlement of listed securities with Switzerland's SEBA Bank.
Michelle Lim
Bitcoin News
Bearish crypto sentiment focused on Bitcoin, CoinShares says
Bitcoin is in its sixth consecutive week of institutional outflows, with US$89 million exiting the coin, according to a weekly fund flows report.
Michelle Lim
Risks in DeFi
Iron Finance’s DeFi bank run — and how Mark Cuban got ‘rekt’
Iron Finance, once a DeFi darling, went from billions to bust in a day. Should investors have seen the crash coming? How stable are algorithmic stablecoins?
Michelle Lim
Regulatory News
Bybit joins growing list of crypto exchanges in Canadian regulator’s crosshairs
Michelle Lim
Bitcoin News
Sotheby’s will accept Bitcoin and Ether for 101-carat diamond auction
Sotheby’s has announced it will be accepting cryptocurrency as payment in an upcoming auction for a 101.38-carat diamond with flawless clarity.
Lachlan Keller
Regulation
Chinese central bank orders lenders to cut cryptos’ financial lifelines
The People's Bank of China has told the country's big banks and other finance sector heavyweights to cut off financing sources for cryptocurrency transactions.
Yihui Xie
Bitcoin News
Bitcoin and Ethereum prices fall: Is the crypto market in an over-leveraged bubble?
Against a backdrop of El Salvador’s BTC boosts, famed investor Michael Burry warns about a crypto price bubble and China intensifies its crypto clampdown.
Lucas Cacioli
Regulation
Iran bans blockchain association, citing regulatory breaches
Iran's interior ministry has suspended the Iran Blockchain Association over alleged breaches of government regulations.
Lachlan Keller
Regulation
S. Korean banks start crypto exchange reviews as contract renewals loom
South Korean lenders have started money laundering risk assessments of the country’s “big four” cryptocurrency exchanges, with which they have contracts to provide real-name accounts.
Danny Park
Crypto Trading and Strategies
CoinShares partners with Germany’s Finanzen Zero on crypto ETPs
European digital asset manager CoinShares hasannounced a partnership with German financial news portal Finanzen.net to bring crypto exchange traded products to investors with no trading fees.
Michelle Lim
Regulation
Bitcoin hashrate plunges as Chinese crypto mining crackdown hits Sichuan
The Bitcoin hashrate plunged over the weekend following a clampdown on cryptocurrency mining by the southwestern Chinese province of Sichuan.
Timmy Shen