Bitcoin News
Markets: Bitcoin, Ether prices rise as November U.S. inflation reading lower than expected
Bitcoin and Ether both rose more than 3% in Wednesday morning in Asia, as the U.S. consumer price index came in lower than expected.
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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Regulation
Sam Bankman-Fried arrested in Bahamas — could other FTX executives be next?
The fall from grace: Once one of the most admired figures in crypto, the former head of the FTX exchange is unlikely to see his Bahamas penthouse anytime soon after being arrested Monday on U.S. charges that are expected to lead to his extradition.
Danny Park
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Regulation
Sam Bankman-Fried arrested in the Bahamas, expected to be extradited to U.S.
Sam Bankman Fried, founder and former CEO of FTX exchange, was arrested and taken into custody by the Royal Bahamas Police on Monday.
Danny Park
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Regulation
S.Korea discusses control over crypto listings after WEMIX delisting
S.Korean authorities may mandate companies to pursue direct approval from regulators to list their crypto on local digital assets exchanges.
Danny Park
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Altcoins
Terra cryptocurrency fugitive Do Kwon flew to Serbia last month, South Korean prosecutor says
Interpol fugitive Kwon Do-hyung flew to the Republic of Serbia last month, South Korean prosecutors told Forkast, confirming local media reports.
Danny Park
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Altcoins
Wemade to buyback US$10 mln in WEMIX after delisting verdict
Wemade, a S.Korean blockchain game maker, announced that it will buyback and burn US$10 million worth of its WEMIX token to stabilize its value.
Danny Park
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Bitcoin News
Markets: Bitcoin, Ether prices rise as gains in U.S. equities help cryptocurrencies bounce back
Bitcoin rose back above the US$17,000 mark in Friday morning trading in Asia, helped by gains in U.S. equities overnight.
Danny Park
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Altcoins
South Korea’s Wemade shares drop, WEMIX token plunges after delisting verdict
The South Korean blockchain game maker’s WEMIX cryptocurrency will be removed from the country’s four major cryptocurrency exchanges that collectively account for more than 95% of the country’s crypto trading volume.
Danny Park
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Altcoins
S.Korea court dismisses Wemade’s injunction, local exchanges to delist WEMIX
A Seoul court has dismissed the injunction filed by Wemade Co. Ltd. to stop four local digital asset exchanges from delisting WEMIX cryptocurrency
Danny Park
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Regulation
S.Korea central bank puts hand up to regulate stablecoins
The Bank of Korea (BOK) claimed it needs the authority to monitor and supervise stablecoins, according to the South Korean central bank’s report published on Monday.
Danny Park
