Forkast
Altcoins
XRP’s price has slumped almost 7% in the past 24 hours after a so-called whale transferred US$93 million of the cryptocurrency to an unknown wallet on May 18, according to blockchain analytics platform WhaleAlert.
Lachlan Keller
Bitcoin News
Qingdao-headquartered tech company SOS Ltd. has announced the launch of more than 6,000 ETH and BCT mining rigs, claiming 90% renewable energy sources.
Graham Smith
Regulation
Fan Long, a co-founder of Chinese public blockchain network Conflux, says China’s latest broadside against the use of cryptocurrencies in the financial sector should not be interpreted as a sign that Beijing is intent on shutting down digital currencies.
Michelle Lim
Bitcoin News
American Bitcoin miner Riot Blockchain’s mining revenue skyrocketed almost tenfold to US$23.2 million in the first quarter of 2021, according to a U.S. Securities and Exchange Commission filing.
Forkast.News
Regulation
China has slapped a ban on finance sector businesses, including payment firms, from offering cryptocurrency services.
Forkast.News
DeFi News
As Singapore builds Project Dunbar, a cross-border multiple-CBDC platform, its government dives into DeFi learning and ponders a CBDC for the masses.
Michelle Lim
DeFi News
Privately owned Chinese lender continues to target blockchain opportunities as it remains shut out of Beijing's digital yuan project.
Kelly Le
Advanced Blockchain Technologies
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
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
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
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
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
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
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 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
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
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