Altcoins
Markets: Bitcoin, Ether dip; XRP leads declines across top 10 cryptos
Bitcoin and Ether fell in Asian trading on Monday afternoon, with XRP leading declines across the top 10 non-stablecoin cryptocurrencies
Ningwei Qin
Forkast
Crypto Archive
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Most recent
Smart Contracts
How Web3 can make travel less stressful for future holidays
The travel sector has many pain points and is ripe for disruption, writes Freddie Hickman of Hyper SQ. Here’s what blockchain can do, from tracking baggage to letting you resell your no-longer-wanted air ticket.
Freddie Hickman
Investment Insights
Web 3.0 firms must ‘keep costs low,’ improve efficiency to navigate downturns, says Rotten Tomatoes cofounder
Patrick Lee, who cofounded Rotten Tomatoes and PKO Investments, says the US$35 million investment company has slowed Web 3.0 investments significantly.
Timmy Shen
Metaverse Platforms
South Korea’s ‘metaverse’ province says will use virtual platform to expand ties with Vietnam
South Korea’s Gyeongbuk Province plans to use the metaverse to expand economic and other relations with Vietnam.
Danny Park
Regulation
Ripple CEO’s attorney to resign as counsel on XRP lawsuit against SEC
Ripple CEO Bradley Garlinghouse's attorney has applied to withdraw as his counsel in Ripple's ongoing lawsuit against the SEC.
Timmy Shen
Bitcoin News
Markets: Bitcoin, Ether little changed after weekend slump; Binance BNB token regains some ground
Bitcoin and Ether were little changed on Monday after a weekend slump amid worries about a global recession and the stability of crypto exchanges.
Danny Park
Altcoins
Binance’s proof-of-reserves auditor suspends work for crypto firms
Mazars, the financial auditing firm behind Binance’s proof-of-reserves (PoR) audit, has suspended all work for crypto firms.
Zoltan Vardai
Investment Insights
Venture capital firms slow Web 3.0 investments as investors turn cautious
Several venture funds tell Forkast they have become conservative and are only investing in ‘true believers’ of Web 3.0
Timmy Shen
Altcoins
Markets: Bitcoin, Ether weaken; Litecoin leads declines across top 10 cryptos
Bitcoin and Ether fell in Asian trading on Friday afternoon, with Litecoin leading declines across the top 10 non-stablecoin cryptos
Ningwei Qin
Regulation
FTX seeks permission to sell Japan, Europe entities and LedgerX
Attorneys representing FTX are requesting permission from the U.S. bankruptcy court to sell four of the company’s branches: FTX Japan, FTX Europe, Embed, and LedgerX.
Zoltan Vardai
Investment Insights
Safe as houses? How tokenizing real estate offers a new approach to bricks-and-mortar investment
Putting property on-chain is a novel way of opening up opportunities for investors and landlords alike. The second article in Forkast’s three-part series on real estate tokenization explores what they stand to gain.
Padraic Convery
Regulation
Hong Kong’s SFC appoints new chief who calls for stronger crypto regulation
Julia Leung, the next chief executive of Hong Kong’s Securities and Futures Commission (SFC) due to start her three-year term on Jan. 1, called for stricter crypto regulation when speaking at the city's Fintech Week last month.
Ningwei Qin
Regulation
US lawyers, Bahamas liquidators trade barbs over who rules FTX bankruptcy jurisdiction
Sam Bankman-Fried has reportedly made a second application for bail in the Bahamas – this as lawyers feud over control of the FTX bankruptcy, raising concern the sour grapes may seep into efforts to have Bankman-Fried extradited to face fraud charges in the U.S.
Dylan Butts
Bitcoin News
Hong Kong Stock Exchange debuts ‘Asia’s first’ crypto futures ETFs
Hong Kong launched two exchange-traded funds (ETFs) tracking cryptocurrency futures on Friday, the first of their kind in Asia, the local exchange said.
Timmy Shen
Regulation
Japan plans to ease corporate tax rates for cryptocurrency issuers
Japan’s ruling party approved a proposal that exempts companies issuing crypto from taxes on unrealized gains on retained tokens.
Danny Park
Economic Impacts
Markets: Bitcoin, Ether fall with equities as concerns about recession knock Wall Street lower
Bitcoin and Ether prices fell Friday morning in Asia, along with most of the top 10 non-stablecoin crypto, as U.S. stocks had their biggest declines in weeks.
Danny Park
Regulation
Animoca founder says Asia is ‘moving on’ from FTX fiasco
Asia’s cryptocurrency community is “on the path of moving on” from the FTX fiasco, following the arrest of FTX founder Sam Bankman-Fried, said Yat Siu, cofounder and chairman of Hong Kong-based blockchain gaming studio and venture capital firm Animoca Brands.
Timmy Shen
Altcoins
Markets: Bitcoin, Ether fall; Solana rises as top 10 cryptos retreat
Bitcoin and Ether weakened in Asian trading on Thursday afternoon, with Solana rising amid drops across other top 10 non-stablecoin cryptocurrencies
Ningwei Qin
Regulation
Binance “deliberately” caused FTX collapse, Kevin O’Leary claims
Kevin O’Leary Kevin O’Leary, chairman of venture capital firm O’Leary Ventures and star of TV’s Shark Tank, said in a congressional hearing on Wednesday that Binance Global Inc.’s chief executive and founder Changpeng Zhao deliberately caused the collapse of Bahamas-based cryptocurrency exchange FTX.com.
Lachlan Keller
Regulation
FTX Bahamas Co-CEO warned authorities on Nov. 9 of illegal customer asset transfers, documents show
Ryan Salame, the former co-CEO of FTX’s Bahamian entity tipped off the Securities Commission of the Bahamas about FTX violating its internal procedures in transferring customer funds to Alameda Research.
Zoltan Vardai