Forkast
Market Analysis
Bitcoin and Ether fell Friday morning in Asia, curtailing a strong run up in the week, after the U.S. January PPI rose much faster than expected.
Danny Park
Regulation
Binance expects to pay to settle U.S. authorities’ investigations into its business and past crypto offerings, according to its chief strategy officer.
Dylan Butts
Bitcoin News
Bitcoin posted the biggest gains during Asian trading hours on Thursday, along with increases in the rest of the top 10 non-stablecoin cryptocurrencies
Zoltan Vardai
Bitcoin News
El Salvador, the first country in the world to make Bitcoin legal tender, is planning on opening a “Bitcoin embassy” in Texas.
Lachlan Keller
NFTs and Gaming
Square Enix announced Wednesday that it will launch its first Web3 game Symbiogenesis on the Polygon blockchain.
Danny Park
Regulation
Academics from Stanford Law School and Stanford University are the previously two unknown individuals who signed bonds that allowed the release of FTX crypto exchange founder Sam Bankman-Fried from prison on bail, according to court filings released Wednesday.
Timmy Shen
Regulation
The SEC's latest heavy-handed approach toward crypto will leave investors less protected while benefitting dodgy offshore companies, writes Danny Talwar of Koinly.
Danny Talwar
Bitcoin News
Bitcoin broke through the US$24,000 price ceiling for the first time in two weeks to reach its highest price since mid-August in Thursday morning trading in Asia, as investors liquidated almost US$70 million of mostly short-position bets.
Lachlan Keller
Advanced Blockchain Technologies
Investors may view Web3 through the lens of financial opportunities and revenue, but that misses the point of trying to build a fairer and more transparent infrastructure, with content creators at the forefront, says Mysten Labs co-founder Evan Cheng
Angie Lau
Regulatory News
The European Commission (EC), has started a regulatory sandbox to test use cases of blockchain technologies and provide legal clarity for the industry.
Dylan Butts
Advanced Blockchain Technologies
Blockchain protocol Conflux Network and China's second-largest wireless carrier China Telecom have partnered to build a “blockchain-enabled SIM card” (BSIM).
Dylan Butts
Regulation
Top blockchain and crypto news: Paxos halts BUSD issuance. Kraken faces disclosure charges. Beijing backs new blockchain research center.
Forkast.News
Altcoins
Bitcoin and Ether prices strengthened in Wednesday afternoon trade, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Cardano led gains at 6.91%, followed by Dogecoin at 5.21%, though prices of top 10 tokens remain subdued on the week.
Pradipta Mukherjee
NFT Marketplaces
Jingtan, one of China's major NFT marketplace, has relaxed its rules on NFT transfer between users.
Tom Zuo
Bitcoin News
DBS Digital Exchange (DDEx), one of Asia’s first bank-backed digital exchanges, has reported a year-on-year increase of 80% in Bitcoin traded in financial year 2022, while the number of Bitcoin custodized with the bank doubled from 2021.
Pradipta Mukherjee
Regulation
The cryptocurrency industry faced criticism during a Senate committee meeting on Tuesday entitled “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets.”
Lachlan Keller
Regulation
S.Korean regulators are planning to review crypto staking services on local exchanges following recent regulatory enforcements from the SEC.
Danny Park
Regulatory News
The Blockchain Association Chief Policy Officer Jake Chervinsky said the U.S. Congress will ultimately set the laws in the country to govern the cryptocurrency industry and not the Securities and Exchange Commission
Lachlan Keller
