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.
Economic Impacts
Buskers and street performers who accept electronic or digital currency often receive larger sums than they do accepting only cash, according to a recent survey by RMIT, a university in the Australian city of Melbourne. The trend has accelerated following global lockdowns amid Covid-19 as familiarity with QR codes and other technologies grows. Fast facts […]
Lachlan Keller
Altcoins
The price of Dogecoin rose more than 15% at the weekend after Tesla CEO Elon Musk changed his Twitter profile picture to a photo featuring the dog breed whose likeness features on the memecoin. Fast facts Musk’s new picture featured the billionaire wearing mirrored, aviator-style glasses with a Shiba Inu dog reflected in them. Dogecoin’s […]
Lachlan Keller
DeFi Innovations
Decentralized lending platform Aave will build “Twitter on Ethereum,” its founder, Stani Kulechov, tweeted during the weekend. His message came seemingly in response to an announcement that Twitter founder Jack Dorsey was developing a Bitcoin-oriented fintech platform resembling Aave. Fast facts Dorsey, who is also CEO of payments company Square, tweeted that the firm was […]
Lachlan Keller
Bitcoin News
The difficulty of mining Bitcoin has dropped a further 4.81% in its latest fortnightly adjustment, according to data from BTC.com, bringing it to the lowest point since January last year. Fast facts The decline marks the fourth consecutive drop in the difficulty rate for the world’s leading cryptocurrency — the longest slide in its history. […]
Lachlan Keller
NFTs and Gaming
Play-to-earn game Axie Infinity has caught the blockchain community’s attention in the past few months as the price of its governance token has kept rising. Now it’s hit an all-time high, players are earning some serious money.
Lachlan Keller
Upcoming NFT Projects
Music magazine Rolling Stone Australia is releasing a cover as a non-fungible token to coincide with the release of the debut album by pop star Tones and I, according to a company blog post. The album is out today. Fast facts The cover on offer, which features the singer-songwriter, is Rolling Stone Australia’s debut cover […]
Lachlan Keller
Regulation
The Reserve Bank of Australia is researching the implementation of a central bank digital currency — despite not seeing a need for it.
Lachlan Keller
Bitcoin News
Australians will soon be able to use Visa cards to spend their Bitcoin holdings for the first time as the global payment giant is partnering with local fintech app CryptoSpend, the Australian Financial Review reports. Fast facts CryptoSpend allows payments to be made in several cryptocurrencies to any account in the Australian banking system, crediting […]
Lachlan Keller
NFT Marketplaces
Ever wanted to own a piece of game-worn NBA merchandise, but without that well-worn fragrance? Now you can. Brooklyn Nets star Spencer Dinwiddie is selling a pair of shoes he has worn in-game as a non-fungible token, Forkast.News has learned. Fast facts The shoes on auction are from Dinwiddie’s K8IROS clothing range, and all proceeds […]
Lachlan Keller
Regulation
ICICI bank, one of India’s largest lenders, has warned its customers against using its international remittance services for transferring any form of cryptocurrency, the Bharat Express reports. Fast facts The Industrial Credit and Investment Corporation of India recently made an amendment to an international remittance form compelling customers to declare: “The above remittance is NOT […]
Lachlan Keller
