Contributor
Dylan Butts is a Forkast journalist based in Hong Kong. He has previously wrote for publications such as NBC and the South China Morning Post, covering a wide range of topics including business and technology. Dylan holds a bachelor's degree in economics from St. Lawrence University and a master's in journalism from the University of Hong Kong.
NFTs and Art
Pixelated pictures and cartoonish drawings have typically dominated the world of Non-Fungible Tokens (NFTs), but some exhibits at Hong Kong’s Xperience art fair show new means of applying the technology.
Dylan Butts
Regulation
Lawmakers in the British Parliament's lower house voted in favor of recognizing cryptocurrency assets as regulated financial instruments and products Tuesday.
Dylan Butts
Crypto Trading and Strategies
Cryptocurrency exchange FTX will reimburse US$6 million lost by users in a phishing attack over the weekend, according to founder Sam Bankman-Fried.
Dylan Butts
Blockchain Security
A Twitter user highlighted a vulnerability in BitBTC's Optimism bridge and averted what could have been the latest in a string of bridge exploits this month.
Dylan Butts
DeFi News
The perpetrator of the US$9.1 million Moola Market exploit returned close to the entirety of the loot in exchange for an undisclosed ransom on Wednesday, according to the project’s social media update. See related article: ‘Hacktober’ continues with US$1 mln taken from BitKeep token swap service Fast facts Decentralized finance (DeFi) project Moola Markets announced […]
Dylan Butts
Altcoins
An unidentified hacker stole over US$1 million in Binance Coin (BNB) tokens from decentralized multi-chain wallet BitKeep’s token swap service on Monday, according to a Tuesday statement by the company. See related article: Crypto hackers on track for bonanza year as theft surges, Chainalysis says Fast facts “Our development team managed to contain the emergency […]
Dylan Butts
Regulation
The IRS updated its annual income tax instructions in a Monday draft that does away with the taxable category "virtual currency" and replaces it with the term "digital assets," which explicitly includes NFTs.
Dylan Butts
Regulation
Hong Kong seems set to put out a new welcome mat for the blockchain and crypto industries, but will it work after concern about regulatory restrictions convinced many cryptocurrency operators to leave?
Dylan Butts
Advanced Blockchain Technologies
A partnership between the World Gold Council (WGC) and Swiss-based DLT infrastructure and application provider aXedras Group could make gold trading more accessible and streamlined, though insiders are skeptical, according to a Bloomberg report Sunday. See related article: Diamond Standard raises US$30 mln to ramp up tokenized asset distribution Fast facts The WGC’s initiative “Gold247” […]
Dylan Butts
DeFi News
Decentralized finance sites are the preferred choice of hackers as crypto heists look to be on course to hit a record high this year.
Dylan Butts
