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
Elon Musk has once again sent a coin’s price skyward with a simple tweet; this time more than doubling the price of the memecoin Baby Doge by inserting its name into the lyrics of popular children’s song, “Baby Shark”. Fast facts Replacing the title of the song with the name of the coin, the tweet […]
Lachlan Keller
Regulation
Japanese conglomerate SoftBank’s Latin America fund has plowed US$200 million into Brazilian crypto exchange Mercardo Bitcoin, according to a Reuters report. Fast facts The investment is SoftBank’s largest in Latin America to date, and brings the valuation of Mercardo’s parent company, 2TM Group, to US$2.1 billion, making it the eighth-most valuable fintech firm in the […]
Lachlan Keller
Risks in DeFi
Deposit account bears closer comparison to distressed debt fund than to mainstream bank account, expert says.
Lachlan Keller
Regulatory News
Trading platform Robinhood has been fined some US$70 million in a case involving system outages and allegedly misleading information.
Lachlan Keller
Investment Insights
Institutional demand for cryptocurrency appears to be slowing, according to a report by analytics company Glassnode.
Lachlan Keller
Regulation
Bithumb — South Korea’s second-largest crypto exchange — has rubbished claims that it is charging token issuers fees to list their coins on its platform.
Lachlan Keller
Regulation
Through tomorrow, a Senate committee is taking public comments on how best to make Australia into a global crypto leader and fintech hub.
Lachlan Keller
Regulation
Mexico's finance minister reiterated his country's ban on cryptocurrencies on Monday, saying they are not legal tender and are not to be treated as currencies within the country
Lachlan Keller
Bitcoin News
Bitcoin’s hashrate fell to 58.7971 exa hashes per second on Sunday — the lowest point since August 2019.
Lachlan Keller
Regulation
Lawmaker Carlos Rejala tamped down speculation that Paraguay might follow El Savador's footsteps in making Bitcoin legal tender.
Lachlan Keller
