Regulation
SEC fines Stoner Cats for selling unregistered securities as NFTs
NFT markets fear more enforcement action may be heading their way, while NFT offerings as securities fail to convince the SEC.
Danny Park
Contributor
Danny Park
Danny is a journalist at Forkast.News. Originally from South Korea, Danny has produced content for media companies in Korea, Hong Kong and China. He holds a Bachelor of Journalism and Business Marketing from the University of Hong Kong.
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Altcoins
FTX gets green light to sell US$3.4 billion in crypto assets
A U.S. bankruptcy court in Delaware approved failed crypto exchange FTX’s motion to sell its crypto assets at a court hearing on Wednesday.
Danny Park
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Advanced Blockchain Technologies
Astar, Polygon joins power to launch zkEVM solution for wider Web3 adoption
Japan-based Astar Network announced Wednesday that it is launching its zkEVM solution powered by Polygon’s Chain Developer Kit.
Danny Park
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Altcoins
Hong Kong crypto exchange CoinEx suffers hack, at least US$43 million lost
Hong Kong-based cryptocurrency exchange CoinEx Global suffered a security breach on Tuesday, resulting in an estimated loss of US$43 million in cryptocurrencies.
Danny Park
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Regulation
Binance.US cuts one-third of workforce; CEO Brian Shroder steps down
The U.S. affiliate of the world’s largest cryptocurrency exchange Binance has laid off one-third of its staff, or more than 100 employees.
Danny Park
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Regulation
Standard Chartered’s crypto custody arm Zodia launches in Singapore
Zodia Custody owned by Standard Chartered, announced Tuesday that it is launching its services in Singapore for financial institutions.
Danny Park
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Advanced Blockchain Technologies
Animoca Brands raises US$20 million to boost Mocaverse
Animoca Brands announced Monday that it has raised US$20 million to accelerate the development of Mocaverse, its flagship project.
Danny Park
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Altcoins
FTX sues LayerZero Labs to recover US$21 million
FTX cryptocurrency exchange has filed a lawsuit against LayerZero Labs to recover $21.37 million allegedly withdrawn from the exchange illegally.
Danny Park
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Regulation
U.S. SEC moves to appeal Ripple court decision
The U.S. Securities and Exchange Commission (SEC) submitted a filing last Friday that pushed the court of the Southern District of New York to appeal its ruling on the agency’s lawsuit against Ripple Labs.
Danny Park
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Regulation
Korea Blockchain Week: diverging crypto paths for the US and Asia
The annual Korea Blockchain Week conference in Seoul is running from Sept. 4 to 10. Crypto industry leaders and advocates from around the world have gathered in the South Korean capital to discuss all things blockchain, including the growing regulatory gap between the U.S. and Asia.
Danny Park
