Forkast
Dapp Development
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
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
Internet sleuths unearth the first financial transaction on Bitcoin, showcasing the potential of NFTs.
Yehudah Petscher
Bitcoin News
Bitcoin fell 0.58% while Ether dropped 0.36%. Solana was the biggest loser of the day, dropping 1.67%.
Pradipta Mukherjee
Regulation
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
Regulation
As part of the ongoing legal dispute between the two, the U.S. Securities and Exchange Commission said it would not be hurried into a response to Coinbase demands.
Timmy Shen
Regulation
South Korean prosecutors have raided Upbit, Bithumb and the crypto wallet unit of Kakao, as part of their investigation into lawmaker Kim Nam-kuk.
Danny Park
DeFi News
Crypto users need not fear the increasing KYC/AML requirements around the world and loss of privacy, writes Kurt Hemecker of the Mina Foundation. Here’s why.
Kurt Hemecker
Altcoins
Bitcoin prices rose along with Ether, while Litecoin continues to lead gainers among other top 10 non-stablecoin cryptocurrencies.
Danny Park
Bitcoin News
Bitcoin rose 2.07% to US$27,409 in 24 hours while Ether gained 1.27% to US$1,829. Litecoin was the biggest gainer of the day, rising 7.65%.
Pradipta Mukherjee
Regulation
The U.S. Department of Justice is aiming to crack down on cryptocurrency exchanges that help criminals facilitate money laundering
Zoltan Vardai
Advanced Blockchain Technologies
Fractionalizing assets on the blockchain opens up investment opportunities for the public and the capital market's access to liquidity, writes Bob Ras. Here's what's holding it back.
Bob Ras
Bitcoin News
China's Jiangsu Province plans to expand the use of digital yuan to its public education system, as the province seeks to spearhead the country's CBDC pilot.
Tom Zuo
Regulation
Bank of Korea, the central bank, seems uncomfortable with the Financial Services Commission, the country’s regulator, having the mandate over the cryptocurrency industry. The bank is pushing for more say, arguing crypto can influence the stability of the overall financial market and that involves the central bank.
Danny Park
Investment Insights
China’s Fuzhou City on Friday unveiled a raft of policies to attract investment by blockchain-related companies, including rent subsidies and cash awards.
Tom Zuo
Regulation
Regulatory hurdles have once again hit Binance in North America, with the world’s largest cryptocurrency exchange announcing on Friday that it would cease operations in Canada due to tightened crypto rules.
Timmy Shen
Bitcoin News
Bitcoin prices rose on Monday morning in Asia to above US$27,000. Ether managed to rise above the US$1,800 support level as Litecoin leads gainers.
Danny Park
Dapp Development
While the community might be small, there’s a growing buzz around Web3 in Japan, with overseas companies now taking note. For clues on how to make it big in the land of the rising sun, follow the lead of the nation’s largest firms, says Sebastien Guillemot, co-founder of Paima Studios.
Will Fee
Bitcoin News
NFTs were ready for takeoff this week and Elon Musk's tweet blasted it off.
Yehudah Petscher
Market Analysis
Bitcoin briefly fell to US$26,166 this week, as BRC-20 memecoins flooded the blockchain, raising network congestion issues. Market analysts told Forkast that a weekly close under US$26,111 signals more bearish momentum
Zoltan Vardai
