Forkast
Regulation
Binance has stopped providing wallet services to Indian crypto exchange WazirX, asking it to withdraw any remaining assets held in Binance wallets by Feb. 3.
Dylan Butts
Bitcoin News
Bitcoin climbed more than 39% in January to break through the US$23,000 resistance ceiling in its best monthly performance since October 2021. Can the world’s first and biggest cryptocurrency maintain the upward momentum? Industry commentators share their views with Forkast.
Zoltan Vardai
Altcoins
Binance has returned to South Korea after a two-year break by acquiring a majority stake in the local cryptocurrency exchange GOPAX, Bloomberg reported Friday.
Dylan Butts
Regulation
India, the current holder of the G20 presidency, has been working with the IMF and the Financial Stability Board FSB to develop a regulatory approach for cryptocurrencies.
Zoltan Vardai
Crypto Trading and Strategies
Cryptocurrency exchange PayBito announced its plans to integrate ChatGPT, an artificial intelligence (AI) chatbot developed by research firm OpenAI, on Friday.
Dylan Butts
Altcoins
Bitcoin and Ether fell during Asian trading hours on Friday, along with the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Polkadot’s DOT posting the biggest gains.
Zoltan Vardai
Regulation
China's blanket ban on cryptocurrency trading can have the country miss critical opportunities for technological development, says former PBOC official.
Tom Zuo
Altcoins
NFTs and DAOs can help support Japan’s national strategy dubbed ‘Cool Japan’ to attract investment and expand the economy.
Danny Park
Regulation
U.S. prosecutors are investigating California-based cryptocurrency bank Silvergate Capital Corp. for how it handled accounts tied to now-bankrupt crypto exchange FTX and its brokerage arm Alameda Research, Bloomberg reported on Thursday, citing sources familiar with the matter.
Timmy Shen
DeFi News
DeFi is still a Wild West, and many would-be users are wary of its lawlessness and anonymity. Could decentralized IDs foster greater trust and growth in the sector?
Amit Chaudhary
Bitcoin News
Bitcoin and Ether traded mostly little changed Friday morning after a strong run up in the week, with other top 10 cryptocurrencies prices mixed.
Danny Park
Regulation
Indian retail giant Reliance Retail announced on Thursday that it has started accepting digital rupee payments to become the largest Indian firm to adopt the nation’s CBDC.
Zoltan Vardai
Altcoins
Bitcoin and Ether rose during Asian trading hours on Thursday, along with the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization. Polygon’s Matic posted the biggest gains
Zoltan Vardai
Metaverse Platforms
Suzhou has laid out plans to attract at least 200 companies in working with VR technology by 2025.
Tom Zuo
Altcoins
The non-fungible token (NFT) project by former U.S. President Donald Trump has helped its host network, Polygon, outsell Ethereum on the leading NFT marketplace OpenSea for the second straight month, according to transaction data.
Lachlan Keller
Investment Insights
Meta Platforms Inc., the former Facebook, said losses at its Reality Labs division developing virtual reality technologies widened last year, but the company’s Q4 earnings beat expectations and it projected overall stronger growth into 2023, according to its earnings report released Wednesday.
Timmy Shen
Crypto Trading and Strategies
Seattle-based cryptocurrency exchange Bittrex is laying off 83 employees, according to the U.S. Employment Security Department’s layoff alert.
Danny Park
Economic Impacts
The future global financial system will be reliant on the cloud, especially when it comes to CBDCs and stablecoins, writes Michael Greenwald and Logan Weber.
Michael B. Greenwald
Regulation
A South Korean court approved the prosecutor’s request to issue an arrest warrant for Kang Jong-hyun for alleged embezzlement.
Danny Park
Bitcoin News
Bitcoin rose above US$24,000 for the first time since mid-August in Thursday morning trading in Asia before sliding back slightly.
Lachlan Keller
