Regulation
Hong Kong’s e-HKD pilot puts the world on notice
Rollout of the central bank digital currency in Hong Kong is a potential game-changer and a move that others may soon look to follow.
Timmy Shen
Forkast
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Most recent
Regulation
Binance suspends Australian dollar services
World's largest cryptocurrency exchange halts Australian dollar services after payment provider cuts off service.
Yohan Yun
Altcoins
Matic leads crypto rise despite Ledger security concerns
Cryptocurrencies rebounded on Thursday but wallet service provider Ledger's latest update raised new security concerns.
Zoltan Vardai
Advanced Blockchain Technologies
Philippine telco giant partners BlockchainSpace for Web3 creator platform
Smart Communications, one of the Philippines’ largest telcos, is entering the Web3 space through a partnership with Web3 community enabler in Southeast Asia, BlockchainSpace.
Jenny Ortiz
Bitcoin News
Bitcoin mining difficulty rises to a new all-time high
Bitcoin’s mining difficulty level rose 3.22% on Thursday, hitting an all-time high, as the network’s hashrate also increased to a record high.
Timmy Shen
Regulation
Montenegro prosecutors appeal court ruling to allow bail for Terraform Labs CEO Do Kwon
Montenegro prosecutors have filed an appeal against a local court decision to approve bail for the detained Terraform Labs CEO Do Kwon.
Danny Park
Advanced Blockchain Technologies
Conflux Network, China Telecom unveil blockchain-based SIM card
Conflux Network and China Telecom on Tuesday unveiled their first blockchain-based SIM card, which will be piloted in Hong Kong.
Tom Zuo
Altcoins
Bitcoin, Ether mixed; Polygon leads gainers; Equity futures flat as U.S. debt default worries recede
Bitcoin prices rose on Thursday morning in Asia. Ether edged down, while other top 10 non-stablecoin cryptocurrencies by market capitalization gained.
Danny Park
Bitcoin News
Bitget crypto exchange doubles down on expansion, to hire 300 more
Bitget is looking to hire 300 more people across operations, compliance, research and development, and customer support, the cryptocurrency exchange said.
Pradipta Mukherjee
Bitcoin News
Ordinals inscriptions slow down but Bitcoin congestion lingers
Ordinals inscriptions have slowed down this week but Bitcoin continues suffering from congestion issues due to the BRC-20 craze.
Zoltan Vardai
Altcoins
Ripple Labs acquires digital asset custody provider Metaco for US$250 mln
San Francisco-based Ripple Labs, a technology and financial services firm built around the XRP cryptocurrency, said it will acquire Metaco, a Swiss-based tokenization and digital asset custody provider, for US$250 million.
Pradipta Mukherjee
Regulation
UK lawmakers propose cryptocurrency regulation as gambling
In a new report, U.K. lawmakers suggest treating Bitcoin and Ether like gambling due to significant consumer financial risks.
Yohan Yun
Bitcoin News
Bitcoin slips below US$27,000, XRP leads gains in top 10 cryptos
Bitcoin prices dropped below US$27,000 on Wednesday afternoon in Asia, while XRP gained the most after positive news for Ripple Labs on its lawsuit against U.S. Securities and Exchange Commission.
Pradipta Mukherjee
Regulatory News
China’s top prosecuting body issues warnings, guidance about country’s NFT market
China's top legal authority issued a commentary on Monday about the risks and potential in NFTs, highlighting the need for legislation.
Tom Zuo
Regulation
XRP lawsuit: Judge denies SEC motion to seal documents in win for Ripple
A U.S. federal judge has denied a motion by the SEC to seal internal documents related to a speech given by the SEC’s former director on whether cryptocurrencies are securities.
Timmy Shen
Dapp Development
Web3 needs to engage with local communities. Its future depends on it
Web3’s terrible user experience, scams and lack of diversity could be solved if its leaders take a cue from environmentalists and ‘act locally,’ writes Tim Williamson of NieuxCo.
Tim Williamson
Altcoins
XRP gains as SEC motion denied; NFT index down; US investors anticipate debt ceiling deal
Bitcoin prices fell on Wednesday morning in Asia but remained above the US$27,000 line. Ether gained but still posted a weekly drop. XRP led gainers among other top 10 non-stablecoin cryptocurrencies.
Danny Park
Bitcoin News
Bitcoin history shows first financial transaction was almost an NFT
Internet sleuths unearth the first financial transaction on Bitcoin, showcasing the potential of NFTs.
Yehudah Petscher
Bitcoin News
Bitcoin, Ether fall, Solana leads declines; U.S. stock futures trade flat; Asian equities mixed
Bitcoin fell 0.58% while Ether dropped 0.36%. Solana was the biggest loser of the day, dropping 1.67%.
Pradipta Mukherjee
Regulation
EU’s MiCA gets unanimous nod from European Council
European Union finance ministers unanimously approved MiCA, a set of cryptocurrency rules aiming to reshape the digital asset industry across the EU bloc.
Forkast.News