Bitcoin News
Markets: Bitcoin inches up, Ether slips; China posts 3% GDP growth for 2022
Bitcoin inched up and Ether slipped in Tuesday afternoon trading in Asia, with most other top 10 cryptocurrencies trading lower on the day.
Danny Park
Forkast
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Most recent
Investment Insights
CryptoSlam, Forkast.News merge to form Web3 data intelligence platform
Web3 media company Forkast.News and blockchain data analytics firm CryptoSlam are merging to establish Forkast Labs, a media intelligence platform for the digital economy that will combine on-chain data analytics and journalism.
Zoltan Vardai
Metaverse Platforms
South Korea launches online metaverse replica of capital city Seoul to improve public services
S. Korea’s capital city opened the first stage of ‘Metaverse Seoul’ on Monday, which it claims is the first city-backed public metaverse in the world.
Danny Park
Altcoins
Crypto’s data problem: Rebuilding trust in a trustless environment
Price is the wrong measure of Web3's true value, writes Angie Lau, editor-in-chief of Forkast. To recover from Crypto Winter, we need metrics that are less prone to whims and manipulation.
Angie Lau
Regulation
S. Korean court says NFT game items are speculative, adds on to P2E ban
A South Korean court ruled against the release of a blockchain P2E game last Friday after determining that in-game NFTs promote speculation.
Danny Park
Altcoins
North Korean hackers move 41,000 ETH stolen from Harmony Bridge attack
The Lazarus Group, a North Korean cybercrime organization, has transferred 41,000 Ether (US$63.9 million) stolen from the 2022 Harmony bridge hack onto cryptocurrency exchanges Binance, OKX and Huobi, according to blockchain data shared by Twitter sleuth ZachXBT.
Lachlan Keller
Crypto Trading and Strategies
Monex Group expresses interest in bidding in upcoming sale of FTX Japan: Bloomberg
Tokyo-based online brokerage Monex Group Inc. indicated it may join the bidding for the Japan subsidiary of the failed FTX cryptocurrency exchange.
Danny Park
Blockchain Security
Your fitness app knows a scary lot about you. How secure is your data?
Being on the watch, your tracker knows where you live, when you sleep and how healthy (or not) you are. What happens if your data is sold — or hacked?
Ferhat Kacmaz
Bitcoin News
Markets: Bitcoin holds above US$21,000 as crypto market cap briefly tops US$1 trillion
Bitcoin held above US$21,000 in Tuesday morning trading in Asia with the total cryptocurrency market capitalization also briefly breaching the US$1 trillion-dollar mark in the last 24 hours for the first time since mid-November.
Lachlan Keller
Regulation
China’s digital yuan needs WeChat, Alipay to boost adoption, experts say
The central bank rolled out a "red packet" feature for its digital currency, the e-CNY, for the Lunar New Year holiday but it will require help from the tech giants it has bashed to popularize the digital yuan.
Timmy Shen
Market Analysis
What does the future hold for digital assets in 2023?
NFTs, tokenization and blockchain-based cross-border payments will see big paradigm shifts, but their success will depend on regulation, investment and adoption, writes Stephen Richardson of Fireblocks.
Stephen Richardson
Altcoins
Markets: Bitcoin, Ether rises; Solana is biggest gainer among top 10
Bitcoin and Ether gained in Monday afternoon trading in Asia, along with all other top 10 non-stablecoin cryptocurrencies.
Danny Park
Bitcoin News
Bitcoin miners return from winter storms, difficulty at an all-time high
Lachlan Keller
Regulation
CEO of South Korea’s V Global US$2 bln crypto pyramid scheme gets 25 years in prison
Lee Byung-gul, the CEO of V Global, will serve 25 years in prison after his conviction was upheld by the Supreme Court of Korea on Friday.
Danny Park
Regulation
U.S. House of Representatives forms new cryptocurrency subcommittee
The U.S. House of Representatives has created a new congressional subcommittee focused on digital assets, as one of its first moves under the control of the Republican Party.
Lachlan Keller
Altcoins
Markets: Bitcoin, Ether little changed after weekend surge; Solana, XRP give back some gains
Bitcoin and Ether prices were little changed in Monday morning trading in Asia. Several of the top 10 non-stablecoin cryptocurrencies took a breather after strong gains over the weekend on the back of signs inflation may have peaked in the U.S.
Lachlan Keller
Altcoins
Crypto lender Hodlnaut’s creditors reject restructuring plan, prefer liquidation: report
Creditors of Singapore-based crypto lending and borrowing platform Hodlnaut have rejected a proposed restructuring plan and wish to liquidate the company.
Dylan Butts
Altcoins
Alameda liquidators get liquidated while consolidating funds on DeFi lending platform Aave
Alameda Research liquidators were liquidated for US$72,000 from an on-chain position on decentralized finance (DeFi) lending platform Aave while trying to consolidate funds
Zoltan Vardai
Bitcoin News
Weekly Market Wrap: Bitcoin rebounds above US$18,000, Ether gains over 13%
Bitcoin rallied above the US$18,000 mark for the first time in nearly a month. Is this the start of a bull run or just another relief rally on the back of easing inflation pressure?
Zoltan Vardai