Investment Insights
Singapore’s GIC takes 8% stake in HK’s digital asset company BC Group
GIC, Singapore's sovereign wealth fund, is investing in BC Group—the parent company of OSL, Hong Kong's first licensed cryptocurrency exchange.
Michelle Lim
Forkast
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Most recent
Upcoming NFT Projects
Cross-chain NFTs coming with Polkadot’s Unique Network and RMRK
Unique Network, an NFT chain for Polkadot, and NFT protocol RMRK announced today that they are partnering on expanding the functionalities of NFTs across blockchains.
Michelle Lim
Regulation
Basel Committee starts public consultation on banks’ crypto asset exposures
The Basel Committee on Banking Supervision has launched a public consultation on preliminary proposals for the treatment of banks' crypto asset exposures.
Michelle Lim
Regulation
Hashrate drops as Chinese crypto mining ban extended to more provinces
Cryptocurrency mining prohibition in Xinjiang and Qinghai follows Inner Mongolia ban.
Timmy Shen
DeFi News
Jump Trading partners with Solana-based DeFi protocol Oxygen
Jump Trading, a high-frequency trading firm, is joining Oxygen, a decentralized finance prime brokerage protocol, as a strategic partner and market-maker to provide liquidity on the Oxygen platform.
Michelle Lim
DeFi News
BIS, Swiss and French central banks team up for CBDC Project Jura
The BIS, together with the central banks of France and Switzerland, are collaborating on a wholesale central bank digital currency experiment for cross-border settlements.
Michelle Lim
Crypto Trading and Strategies
Coinbase partners with 401(k) provider ForUsAll on crypto retirement plans
Retirement investment platform ForUsAll is partnering with Coinbase to expand access to cryptocurrencies through the U.S. 401(k) pension scheme.
Michelle Lim
Regulation
South Korea cracks down on suspicious crypto exchange accounts
South Korea’s main finance sector regulator has launched an investigation of accounts operated by crypto exchanges under false or third-party names.
Danny Park
Advanced Blockchain Technologies
Singapore central bank says blockchain can boost Asia’s low-carbon future
Ravi Menon, managing director of the Monetary Authority of Singapore, says technologies such as blockchain will help Asian nations to reduce carbon emissions.
Michelle Lim
DeFi News
Crypto wallet firm Ledger closes US$380M funding round
Paris-based crypto hardware wallet provider Ledger announced today the completion of a US$380 million series-C fundraise.
Michelle Lim
Advanced Blockchain Technologies
Saudis lead $30M Series A for China nationwide blockchain network manager
Beijing-based Red Date Technology — the face of China’s ambitious nationwide blockchain service network — receives a big investment boost.
Kelly Le
Crypto Trading and Strategies
U.S. millennial crypto fans want to spend their coins like cash, study shows
Ninety-three percent of millennial current or former cryptocurrency holders in the U.S. would consider using their digital coins for everyday purchases, according to a recent survey.
Lachlan Keller
Crypto Trading and Strategies
Asian crypto exchange Kikitrade wins funds from UK billionaire Alan Howard
Kikitrade today announced a US$12 million fund raise with investment from British hedge fund billionaire Alan Howard to accelerate its growth.
Michelle Lim
Regulation
China’s biggest crypto exchanges blocked from internet searches, social media
Huobi, OKEx and Binance have been blocked by the country's most popular internet search engines and social media platforms.
Kelly Le
Regulation
Ripple: Delaying SEC lawsuit would pose ‘existential threat’ to XRP
In a new court filing, Ripple describes the damage the SEC lawsuit has already done to XRP and the payment company's now-frozen US business.
Michelle Lim
Regulation
Moonstake ties up with Uzbekistan exchange in blockchain push
Staking service provider Moonstake has partnered with UzNEX to provide blockchain consulting services in Southeast Asia and the Middle East.
Lachlan Keller
Expert Interviews
Vitalik Buterin: Why Eth2 will propel Ethereum’s use in enterprise
In a talk this week, Vitalik Buterin explains Ethereum’s growing use in enterprise and the importance of building diverse, open-source communities.
Michelle Lim
Regulation
China’s Xinjiang and Qinghai regions ban cryptocurrency mining
Xinjiang and Qinghai regions in China are now banning cryptocurrency mining, after Inner Mongolia tightened its crypto mining ban last month.
Timmy Shen
Regulation
New York State passes bill restricting Bitcoin mining
A bill restricting the granting of crypto mining permits on environmental ground has passed the New York State Senate.
Lachlan Keller
Bitcoin News
El Salvador’s Bitcoin experiment. Ethereum’s steady rise. Free money in China.
Top blockchain and crypto news: El Salvador bets on Bitcoin as national currency. ETH gains ground on BTC. Beijing dishes out digital yuan in latest trials.
Forkast.News