Contributor
Lachlan is a journalist and producer at Forkast working from Melbourne, Australia. His work can be found in numerous magazines in Australia on topics ranging from culture to science. Lachlan holds a Bachelor’s degree in Journalism from Macleay College in Australia.
Altcoins
The price of BNB Chain-based Teddy Doge (TEDDY) fell over 99.9% in 24 hours on Monday in Asia as over US$4.5 million of the token was sold over the weekend, in what some analysts described as a “soft rug pull.” The token was trading at just a fraction of a dollar on Tuesday in Asia. […]
Lachlan Keller
Crypto Trading and Strategies
Singapore-based crypto exchange Zipmex said on Sunday it’s in serious discussions with potential investors looking to buy the firm, days after halting all customer withdrawals citing market volatility and financial difficulty at some partners. See related article: Crypto exchange Zipmex freezes withdrawals Fast facts One of the interested parties has offered to start financial due […]
Lachlan Keller
NFTs and Gaming
Developers behind Minecraft, one of the biggest video games in the world, said they are not looking to support integration with non-fungible tokens (NFTs) or blockchain technology, arguing they “encourage profiteering.” See related article: Polium’s NFT/Web3 game console plan meets with plenty of skepticism Fast facts In a recent blog post, developer Mojang Studios said […]
Lachlan Keller
Bitcoin News
Bitcoin fell 5% on Thursday morning in Asia — after briefly moving above US$24,000 overnight — as Tesla Inc. said it had sold 75% of its Bitcoin holdings. The cryptocurrency was at US$22,767 in midday trading, per CoinMarketCap. See related article: Ethereum price breaks US$1,600, Ethereum Classic surges 22% Fast facts In a shareholder letter […]
Lachlan Keller
Advanced Blockchain Technologies
Ethereum’s ninth shadow fork went live overnight Wednesday in Asia, marking one of the final steps before the merge with the proof-of-stake (PoS) Beacon Chain as part of the network’s transition to Ethereum 2.0. See related article: Vitalik Buterin defends Ethereum ahead of merge; ‘not a security’ Fast facts A shadow fork is a test […]
Lachlan Keller
Bitcoin News
Bitcoin recovered past US$20,000 on Thursday morning in Asia following a steep 3.4% drop within an hour following the U.S. announcing its fastest inflation growth in 41 years. See related article: Bitcoin price crosses US$22K; Fed cools recession fears Fast facts Inflation levels in the U.S. soared 9.1% in June compared to a year ago […]
Lachlan Keller
Bitcoin News
U.S. Bankruptcy Judge Martin Glenn gave liquidators authority to subpoena and lay claim to bankrupt crypto firm Three Arrows Capital (3AC)’s U.S-based assets on Tuesday. See related article: 3AC crypto contagion spreads to Blockchain.com: report Fast facts Liquidators can subpoena two dozen banks and crypto exchanges to obtain information about the bankrupt crypto hedge fund’s […]
Lachlan Keller
Regulation
Ethereum co-founder Vitalik Buterin tweeted a defense of the network’s transition to proof of stake (PoS) on Tuesday, responding to arguments suggesting assets secured by such consensus mechanisms are a security. See related article: Ethereum one step closer to Eth2 with Ropsten testnet merger Fast facts “The fact that you can vote on something to […]
Lachlan Keller
Bitcoin News
For central bank digital currencies to enhance cross-border payments, issuing institutions must take functionality into account to avoid unintended barriers, a joint report by three international financial bodies says.
Lachlan Keller
Bitcoin News
Bitcoin’s price fell below US$20,000 Tuesday morning in Asia, erasing last week’s gains, as both crypto and traditional markets await the latest U.S. inflation data due on Wednesday. See related article: Bitcoin price crosses US$22K; Fed cools recession fears Fast facts The world’s largest cryptocurrency fell 4.5% in the past 24 hours to trade at […]
Lachlan Keller
