Blockchain Security
Crypto in the time of cockroaches
An account of a holiday from hell draws parallel to the dark world of cybercrime and how anyone can fall victim to sophisticated crypto thefts.
Forkast.News
Forkast
Blockchain Security
An account of a holiday from hell draws parallel to the dark world of cybercrime and how anyone can fall victim to sophisticated crypto thefts.
Forkast.News
Regulation
Binance France is reportedly under investigation for “aggravated” money laundering and the illegal provision of digital asset services.
Zoltan Vardai
Market Analysis
Bitcoin dipped below US$25,000 for the first time in three months, as the SEC’s lawsuits continued to erode crypto investor appetite. Bitcoin needs to hold above US$24,000 to avoid more bearish momentum, industry experts told Forkast.
Zoltan Vardai
Bitcoin News
Bitcoin, Ether and most top 10 non-stablecoin cryptos rose in Friday afternoon trading in Asia after weeklong slump.
Pradipta Mukherjee
Bitcoin News
The ETF, if approved, would be the first publicly traded crypto product of its kind in the U.S., but the SEC just sued crypto exchanges for alleged securities violations and has rejected similar ETF applications in the past.
Timmy Shen
Regulation
As the US escalates its crackdowns on digital asset companies, it’s also losing its dominance in crypto — to Asia’s advantage, writes Henry Liu of BTSE.
Henry Liu
Bitcoin News
Bitcoin edges up but still stuck below US$26,000. Ether was little changed amid a weekly fall, while other top 10 crypto were mixed.
Danny Park
Regulation
Top blockchain and crypto news: Binance.US at risk. Ex-SEC official’s comments complicate Ripple suit. Hong Kong lawmaker aims to entice exchanges.
Forkast.News
Bitcoin News
Bitcoin and Ether extended losses in Thursday afternoon trade in Asia amid U.S. regulator’s clampdown on top crypto exchanges.
Pradipta Mukherjee
Advanced Blockchain Technologies
Tokyo-based information technology company Fujitsu will launch a new platform on June 30 to connect different economies using blockchain.
Danny Park
Regulation
HKMA is urging lenders including HSBC, Standard Chartered and Bank of China to service crypto exchanges. Financial Times reported on Thursday.
Tom Zuo
Bitcoin News
A higher difficulty reading indicates it is more competitive to mine Bitcoin, reducing profit. The network’s hashrate also increased to a record high.
Timmy Shen
Bitcoin News
Bitcoin fell below US$25,000 support at one stage, while other top 10 non-stablecoin cryptocurrencies dropped as the Fed warned of more interest rate hikes this year.
Danny Park
Economic Impacts
The final story in a three-part series on Asia metaverse developments looks at China’s national strategy, which has seen dozens of cities and provinces release spending plans and training schemes to adopt this digital world in real-world industries. China’s initiatives, however, face challenges from regulation and global competition.
Tom Zuo
Bitcoin News
Bitcoin and Ether continued to slide amid lawsuits against top crypto exchanges in the U.S.
Pradipta Mukherjee
Bitcoin News
SEC scrutiny sends NFT market into downturn. Traders liquidate or hold off as Forkast 500 NFT Index hits all-time low amidst crypto turbulence.
Yehudah Petscher
Regulation
Prices of XRP, which powers some of Ripple Labs’ payment services, reversed gains that followed the release of internal SEC documents related to the lawsuit against Ripple.
Timmy Shen
Legal Insights
To date, none of the 30-plus crypto bills in Congress have become law, so judges are stepping up to fill the void. What does this mean for crypto in America?
John Cahill
Bitcoin News
Bitcoin trading remains stuck under the US$26,000 resistance line. Ether dips while other top 10 crypto were mixed.
Danny Park
Metaverse Platforms
After a slow start, Japan’s development of a domestic metaverse is gaining pace. This second account in a three-part series asks: can the nation compete with rivals China and South Korea in building a 3D virtual world that – according to the promises – would open up new realms of economic prosperity and even potentially ease nagging social problems?
Will Fee