DeFi News
China Merchants Bank launches US$50M DeFi, dApp fund with Nervos
Privately owned Chinese lender continues to target blockchain opportunities as it remains shut out of Beijing's digital yuan project.
Kelly Le
Forkast
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Most recent
Advanced Blockchain Technologies
Deutsche, STACS wrap up Singapore DLT test project for tokenized securities
Deutsche Bank Securities Services in Singapore and Singapore fintech firm Hashstacs, or STACS, today announced the completion of a tokenized securities proof-of-commercialization test named Project Benja.
Forkast.News
Advanced Blockchain Technologies
What is Polkadot and why is it one of the hottest blockchains right now?
The final phase of Polkadot’s rollout — with parachains — just kicked off. Here's what you need to know about Polkadot and parachains, and why it matters.
Forkast.News
Investment Insights
UAE study shows growing appetite for cryptocurrencies
The appetite in the United Arab Emirates for cryptocurrency investment is growing, with younger Emiratis more bullish about digital assets than their Western counterparts, according to a study by financial services firm Holborn Assets.
Forkast.News
Regulation
SEC and XRP holders face off anew over SEC’s lawsuit against Ripple
In a new court filing, SEC tries to keep out 6 representatives of 17,100 XRP holders from joining as 3rd party defendants in the SEC's lawsuit against Ripple.
Michelle Lim
Altcoins
New coin launch seeks to curb Elon Musk’s influence over crypto markets
A group of cryptocurrency developers has launched a new coin named $STOPELON, aiming to limit Elon Musk's influence over the cryptocurrency market.
Forkast.News
Regulation
U.S. cryptocurrency scams soar tenfold since October, FTC says
American consumers have lost an estimated US$80 million in cryptocurrency investments since October 2020, according to new data from the Federal Trade Commission, which calculated that digital currency scams had jumped tenfold year on year.
Forkast.News
Economic Impacts
Elon Musk slips down rich list as Tesla’s stock loses shine
Tesla founder Elon Musk has lost his position as the world’s second-richest person following a 2.2% decline in the electric carmaker’s share price.
Forkast.News
Regulation
Ripple seeks to protect legal advice on XRP from disclosure to SEC
Ripple rebuts SEC’s attempt to obtain Ripple’s confidential communications with lawyers over XRP's legal status and seeks to bolster ‘fair notice’ defense.
Michelle Lim
Altcoins
Led by Cardano ADA, green cryptos rise as Bitcoin, wider market sinks
ADA price holds strong as investors shift to greener cryptocurrencies and Cardano smart contracts get set to launch blockchain into DeFi and NFTs.
Lucas Cacioli
NFTs and Art
New York artist takes work to new heights in partnering with crypto payment service
Forkast.News
Regulation
New York’s Bitcoin mining showdown sets stage for battles elsewhere
A dispute over a Bitcoin mine's environmental impact leads to a push to ban crypto mines in New York state. Will other places follow Albany’s lead?
Monika Ghosh
Regulation
S. Korea facing backlash for banning police from owning crypto
To improve public trust, South Korea is barring police officers from buying cryptocurrency. Could this presage a broader clampdown on crypto in the country?
Danny Park
Crypto Trading and Strategies
DBS Bank rolls out crypto estate planning for the ultra-rich
What will happen to your Bitcoin keys and crypto wallets when you die? Southeast Asia’s largest bank will now take care of it all for the super wealthy.
Michelle Lim
Regulation
CZ bites back at Binance probe sensationalism — ‘Anyways. Back to work’
Yet another U.S. regulatory probe of leading crypto exchange Binance is underway, but CEO Changpeng Zhao isn’t impressed with news headlines.
Graham Smith