Forkast
Altcoins
Bitcoin and Ether were up during Asia trading hours on Thursday afternoon as many markets in Asia returned from the Luna New Year break. Cardano’s ADA led the rally among top 10 non-stablecoin cryptocurrencies by market capitalization.
Zoltan Vardai
Advanced Blockchain Technologies
Cryptocurrencies post the Terra-Luna, FTX failures were a debated topic at the World Economic Forum meeting in Davos in the week through Jan. 20, with some authorities calling for a doubling down on regulations. Others had a more nuanced view.
Angie Lau
Regulation
FTX’s implosion is spurring a regulatory scramble to rein in the crypto sector. But one influential US lawmaker may do more harm than good, writes Kadan Stadelmann, CTO of Komodo.
Kadan Stadelmann
Altcoins
Bitcoin and Ether rebounded in Thursday morning trading in Asia amid broad gains in the top 10 non-stablecoin cryptocurrencies.
Danny Park
Crypto Trading and Strategies
Cryptocurrency exchange Luno, the London-based trading platform owned by venture capital firm Digital Currency Group (DCG), will let go of 35% of its global workforce
Zoltan Vardai
Regulation
European Union lawmakers have voted in favor of a draft bill that imposes stricter capital requirements on banks holding crypto assets.
Zoltan Vardai
Bitcoin News
Bankrupt BlockFi reportedly had over US$1.2 billion of assets tied to FTX.com and its sister trading firm Alameda Research
Dylan Butts
Bitcoin News
Top blockchain and crypto news: Genesis bankruptcy begins. FTX chief ponders a reboot. China’s CBDC gets a smart-contract upgrade.
Forkast.News
Altcoins
Bitcoin and Ethereum fell in Wednesday afternoon trading in Asia, as Solana and Cardano led losses among the other top 10 non-stablecoin cryptocurrencies by market capitalization.
Pradipta Mukherjee
Bitcoin News
Blockchain infrastructure firm Blockstream Corporation Inc. on Tuesday said it raised US$125 million from convertible note and secured loan financing to expand its Bitcoin mining operations and meet strong demand for what it called “institutional hosting services.”
Lachlan Keller
Regulation
Binance Holdings Ltd., the world’s largest cryptocurrency exchange, acknowledged it mistakenly stored customer funds in the same wallet holding collateral for its Binance-pegged tokens, known as B-Tokens
Lachlan Keller
Regulation
Japan plans to introduce regulations by June this year that will allow domestic investors to trade certain stablecoins from overseas.
Danny Park
Market Analysis
Bitcoin and Ether fell in Wednesday morning trading in Asia, along with the other top 10 non-stablecoin cryptocurrencies as investors seemed to be taking profits after the strong gains in crypto prices since the start of the year.
Lachlan Keller
Regulation
Regulators should not legitimize “purely speculative” activity in crypto markets following the collapse of FTX, said Monetary Authority of Singapore Chairmen.
Dylan Butts
Bitcoin News
Bitcoin broke the US$23,000 resistance line in Tuesday afternoon trading in Asia, with most other top 10 non-stablecoin cryptocurrencies by market capitalization also higher.
Pradipta Mukherjee
Regulation
Genesis Global Capital's lawyers are confident about resolving their disputes with creditors this week, with the goal of emerging from Chapter 11 in May.
Dylan Butts
Altcoins
Software developers for Ethereum, the world’s second-largest blockchain, on Monday said they successfully deployed a copy of the blockchain — or “shadow fork” — to run tests of the upcoming Shanghai hardfork upgrade scheduled for March.
Lachlan Keller
Economic Impacts
While much of the world economy remains mired in winter doldrums, it’s springtime for the Islamic finance sector. Mohammed AlKaff AlHashmi of Islamic Coin explains why.
Mohammed AlKaff AlHashmi
Altcoins
Bitcoin edged higher to the US$23,000 resistance line, while Ether traded little changed in mixed early morning trading in Asia on Tuesday.
Lachlan Keller
Regulation
India announces its full year budget on Feb. 1, the last before general elections in 2024, and the cryptocurrency and digital asset industry is lobbying the government for changes in tax rules, among others.
Pradipta Mukherjee
