Forkast
Blockchain Security
Hackers stole at least US$3.8 billion in cryptocurrencies throughout 2022, a record-breaking year for crypto heists, says blockchain forensics firm Chainalysis.
Dylan Butts
Bitcoin News
Bankrupt cryptocurrency exchange FTX.com had around US$1.4 billion in cash reserves at the end of 2022, according to a financial update released Tuesday.
Dylan Butts
Altcoins
Djed, a Cardano-based algorithmic stablecoin, has collected over US$10 million in its reserves within the first 24 hours since it was launched on Wednesday.
Zoltan Vardai
Bitcoin News
Bitcoin traded above US$23,000 throughout Wednesday afternoon trading in Asia, while Ethereum and other top 10 non-stablecoin cryptocurrencies were mixed. Cardano led gains with 2.03% followed by XRP’s 1.13%.
Pradipta Mukherjee
Altcoins
Digital yuan sales at online retail platforms in China have surged during the Lunar New Year holidays fueled by local governments' red packet coupons.
Tom Zuo
Bitcoin News
Top blockchain and crypto news: BTC mining ETF outperforms. SBF under pressure as accusations mount. ‘China’s Instagram’ embraces NFTs.
Forkast.News
Regulation
Cryptocurrency exchanges in India had lobbied the government to reduce taxes introduced last year, arguing the levies were backfiring by driving local investment offshore.
Pradipta Mukherjee
Bitcoin News
Bitcoin has long been the world’s largest cryptocurrency blockchain, but non-fungible tokens or NFTs were always the domain of Ethereum. A new protocol could change that, and some in the Bitcoin community are not too pleased.
Lachlan Keller
Bitcoin News
Troubled U.S.-based Bitcoin mining firm Greenidge Generation Holdings Inc. has restructured more of its debt to investment management service provider NYDIG and investment bank B. Riley Commercial Capital, the company announced on Tuesday.
Timmy Shen
Regulation
In the SEC's case against decentralized publishing platform LBRY Inc., the judge ruled that the secondary sale of LBC does not qualify as a security.
Zoltan Vardai
Market Analysis
Bitcoin prices broke back above US$23,000 in Wednesday morning trading in Asia.
Lachlan Keller
Regulation
The HKMA said in a consultation conclusion that algorithmic stablecoins will not be allowed in the city.
Valida Pau
Bitcoin News
Celsius Network may have misled its investors and spent customer funds, an independent examiner said in a Tuesday court filing.
Dylan Butts
Altcoins
Alameda Research has sued bankrupt digital assets lender Voyager Digital to reclaim US$445.8 million worth in loan payments before FTX filed for its own bankruptcy.
Zoltan Vardai
Bitcoin News
Bitcoin and Ethereum prices fell during Tuesday afternoon trading in Asia along with most other top 10 non-stablecoin cryptocurrencies. Dogecoin was the exception in that list as it rebounded from morning losses.
Pradipta Mukherjee
Investment Insights
Digital asset investment products reached US$117 million in the week ending Jan. 27 — the highest since July 2022 — with nearly all of that going into Bitcoin.
Lachlan Keller
Regulation
South Korea’s Financial Supervisory Service has recommended a unified system for mandatory disclosure from issuers of cryptocurrencies.
Danny Park
Regulation
A U.S. federal judge has granted motions to reveal the identities of the two unnamed co-signers of FTX founder Sam Bankman-Fried’s US$250 million bail bond.
Timmy Shen
Regulation
Tighter regulations are necessary but not enough. The industry also needs to address its issues with custody and transparency, writes Chen Zhuling of RockX.
Chen Zhuling
Bitcoin News
Bitcoin fell along with Ether and all other top 10 non-stablecoin cryptocurrencies in Tuesday morning trading in Asia, wiping out most of Monday’s gains.
Lachlan Keller
