Crypto Trading and Strategies
Standard Chartered, BC Group to launch digital asset trading platform
Standard Chartered and BC Group to launch digital asset trading platform for corporate and institutional clients in Europe and the UK.
Lachlan Keller
Forkast
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Most recent
Bitcoin News
Bitcoin mining rig maker Canaan reports huge jump in overseas sales
Chinese Bitcoin mining hardware maker Canaan says overseas sales accounted for almost four-fifths of its revenue during the first quarter of 2021.
Lachlan Keller
Regulation
‘Green’ crypto mining should be spared crackdown, Canaan chief says
Green crypto mining operations should be spared China’s recent crackdown on the sector, according to the CEO of Canaan Inc.
Lachlan Keller
DeFi News
Cardano and Nervos to launch cross-chain bridge
Input Output Hong Kong and Nervos announced today that they will be launching a cross-chain bridge to connect the two networks.
Michelle Lim
Regulation
Is India’s central bank greenlighting crypto? Bitcoin fees fall to new lows. Cardano rolls out Alonzo upgrade for DeFi.
Other top blockchain and crypto news: Thailand’s SEC tries to rein in DeFi via regulation. Will China’s future DCEP digital yuan offer smart contracts?
Forkast.News
NFT Marketplaces
WazirX launches India’s first NFT marketplace
WazirX launched the country's first NFT marketplace on Tuesday, featuring artists from India and other South Asian nations.
Lachlan Keller
Regulation
China to give away digital yuan worth US$6.3M in latest e-CNY test
China is set to hand out 200,000 virtual red envelopes, each containing 200 yuan (US$31.30) of the country's prototype digital currency, to Beijing residents.
Kelly Le
Regulation
Cryptocurrency behind spike in illegal gambling, Asian racing body says
Illegal gambling in Asia is on the rise, facilitated in part by sites accepting bets in cryptocurrency.
Lachlan Keller
Altcoins
Dogecoin to list on Coinbase Pro
Dogecoin has gained an additional measure of credibility, with crypto exchange Coinbase announcing that it will add DOGE to its professional trading platform.
Lachlan Keller
Investment Insights
Ethereum investment products hit market-share high of 27%, report says
Ethereum has hit a market-share high of 27% of all digital asset investment fund products following recent price corrections.
Michelle Lim
Regulation
Australian Tax Office issues reminder of cryptocurrency tax obligations
ATO will contact 400,000 Australian crypto holders over concerns that they may not be fully aware of their crypto tax obligations. Tax cheats beware!
Lachlan Keller
Bitcoin News
What’s up with Taproot, the biggest proposed change to Bitcoin since 2017?
Bitcoin's proposed Taproot update for smart contracts and privacy has wide verbal support from miners, but will they put their crypto where their mouth is?
Monika Ghosh
Regulation
S. Korean banks process US$57B linked to crypto exchanges
South Korean banks processed over 64 trillion won (US$57 billion) of deposits and withdrawals linked to crypto exchanges in the first quarter.
Michelle Lim
Crypto Trading and Strategies
Robinhood’s Chinese rivals to launch crypto services abroad
China-based trading apps Futu and Tiger Brokers have announced plans to move into crypto to compete outside China with apps such as Robinhood and eToro.
Lachlan Keller
Regulatory News
Financial Stability Board seeks faster, cheaper cross-border payments
The Financial Stability Board has launched a public consultation on global targets for cross-border payments.
Michelle Lim
Advanced Blockchain Technologies
How blockchain technology is revolutionizing KYC in financial services
‘Know your customer’ is key to anti-money laundering efforts. Isabelle Corbett of R3 explains why blockchain is uniquely suited for KYC/AML.
Isabelle Corbett
DeFi News
Thailand’s DeFi sector targeted for regulation over coin offerings
Thailand's Securities regulator has announced that digital tokens issued and offered for transactions must have its approval.
Michelle Lim
Bitcoin News
Bitcoin suffers second-biggest monthly price drop in May
Bitcoin dropped by 37.5% in May after hitting a low of US$34,195 yesterday, the second-largest drop on record after it fell 40% in September 2011.
Lachlan Keller
DeFi News
Singapore’s DBS Bank launches its first digital bond
Singapore's DBS Bank has announced its first security token offering on the DBS Digital Exchange.
Michelle Lim
Regulation
Indian central bank in climbdown over crypto ban
India’s central bank has said that banks and other finance sector businesses should not adhere to a prohibition it imposed on lenders dealing in cryptocurrencies.
Forkast.News