Forkast
Expert Interviews
Japan's welcome mat for Web3 is shifting the tone from "buzzword" to opportunity, but success will hinge on the authorities adopting a global, flexible view toward this new technology, says Yudai Suzuki, co-founder of Fracton Ventures.
Forkast.News
Bitcoin News
Russia is now the second largest Bitcoin miner after the U.S., according to a report by Russian media Kommersant.
Pradipta Mukherjee
Altcoins
PEPE, a memecoin launched on April 14, fell 18.81% to US$0.0000002626 in the 24 hours to 7 p.m. on Monday in Hong Kong. The coin is still up over 392% on the weekly chart and has a market capitalization of US$116 million, according to DEXTools.
Zoltan Vardai
Bitcoin News
Bitcoin extended losses in Monday afternoon trade in Asia, along with all top 10 non-stablecoin cryptocurrencies by market capitalization, with Solana and Polygon as the biggest losers.
Pradipta Mukherjee
Regulation
India’s Finance Minister Nirmala Sitharaman, in commending the potential of distributed ledger technology (DLT), has urged for a global consensus in regulating crypto while emphasizing that regulation did not equate to government control over the technology.
Pradipta Mukherjee
Regulatory News
A clear and balanced legal framework will encourage more crypto investment, while the industry can promote best practices, writes Mahin Gupta of Liminal.
Mahin Gupta
Bitcoin News
State employees in China's Changshu City will receive their salaries in digital yuan from May, as China’s CBDC expands in daily uses.
Tom Zuo
Regulation
Kwon Do-hyeong will have a court hearing on May 11 in Montenegro on charges of allegedly attempting to travel using a false passport.
Danny Park
Bitcoin News
Bitcoin rose on Monday morning in Asia but was boxed in below US$28,000. Ether and most other top 10 tokens gained, but not by enough to erase losses for the past week.
Tom Zuo
Altcoins
A new memecoin craze is raising Ethereum transaction fees, but it's also bringing new liquidity in for non-fungible tokens.
Yohann Calpu
Bitcoin News
Bitcoin fell to US$28,000 in the same week the European Parliament passed its landmark crypto framework. Industry analysts told Forkast that holding US$27,500 will be crucial for Bitcoin in order to spark an upward momentum.
Zoltan Vardai
Regulatory News
The UAE's registration authority of Abu Dhabi Global Market is seeking feedback on its proposed legislative framework for distributed ledger technology, which will focus on disclosures, liquidation, and governance structures, according to a report by CoinDesk
Forkast.News
Bitcoin News
Mempool congestion issues subsided after the Bitcoin network surpassed 1 million Ordinals inscriptions.
Zoltan Vardai
NFTs and Art
Leading auction house Sotheby’s said it will sell NFT artworks owned by the bankrupt crypto hedge fund Three Arrows Capital.
Danny Park
Bitcoin News
Bitcoin’s mining difficulty level rose 1.72% on Thursday to a record high, while the network’s hashrate increased, showing miners are applying more computing power.
Timmy Shen
Bitcoin News
Bitcoin fell to near US$28,000 on Friday morning in Asia, with Ether trading flat and most other top 10 non-stablecoin tokens losing steam.
Tom Zuo
Bitcoin News
Critics have long slammed Bitcoin mining for its enormous carbon footprint. But what if all the heat that miners emit can be sustainably powered and reused?
Will Szamosszegi
Regulation
The European Parliament has approved the Markets in Crypto-Assets Act (MiCA), a legislation aimed at standardizing regulations and establishing harmonized rules for crypto assets across the European Union
Valida Pau
Altcoins
South Korea’s Do Kwon went from a poster boy of digital finance as a co-founder of the US$40 billion Singapore-based Terraform Labs to a fugitive on Interpol’s wanted list, all in a matter of several rollercoaster years. He’s now in a Montenegro jail where he may face more time in detention as the U.S. and South Korea demand his extradition to face a long list of charges, including securities fraud – allegations he has repeatedly denied. The following is a timeline of how we got here.
Danny Park
