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Forkast.News is a digital media platform that covers stories about emerging technology at the intersection of business, economy and politics. From Asia, to the world.
Bitcoin News
Professional crypto traders appear to be taking the recent plunge in the price of Bitcoin in their stride as they look ahead to an upswing in the cryptocurrency’s fortunes.
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Altcoins
RippleNet has partnered with National Bank of Egypt and UAE-based payment services firm LuLu International Exchange for the processing of cross-border funds transfers from the United Arab Emirates to Egypt.
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Bitcoin News
American Bitcoin miner Riot Blockchain’s mining revenue skyrocketed almost tenfold to US$23.2 million in the first quarter of 2021, according to a U.S. Securities and Exchange Commission filing.
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Regulation
China has slapped a ban on finance sector businesses, including payment firms, from offering cryptocurrency services.
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Advanced Blockchain Technologies
Deutsche Bank Securities Services in Singapore and Singapore fintech firm Hashstacs, or STACS, today announced the completion of a tokenized securities proof-of-commercialization test named Project Benja.
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Advanced Blockchain Technologies
The final phase of Polkadot’s rollout — with parachains — just kicked off. Here's what you need to know about Polkadot and parachains, and why it matters.
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Investment Insights
The appetite in the United Arab Emirates for cryptocurrency investment is growing, with younger Emiratis more bullish about digital assets than their Western counterparts, according to a study by financial services firm Holborn Assets.
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Altcoins
A group of cryptocurrency developers has launched a new coin named $STOPELON, aiming to limit Elon Musk's influence over the cryptocurrency market.
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Regulation
American consumers have lost an estimated US$80 million in cryptocurrency investments since October 2020, according to new data from the Federal Trade Commission, which calculated that digital currency scams had jumped tenfold year on year.
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Economic Impacts
Tesla founder Elon Musk has lost his position as the world’s second-richest person following a 2.2% decline in the electric carmaker’s share price.
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