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Tomorrow, First. News and intelligence for the agentic economy

Contributor

Monika Ghosh

Monika is a tech journalist. She is an avid reader fascinated by classic English literature and enjoys painting and cooking. When her head is not buried behind a book, she writes about technology like cryptocurrency, blockchain, AI and more.

Stories
342

How Forkast minds work & our editorial standards

  • Regulation

    Coinbase halted India services due to RBI’s ‘informal pressure’: Armstrong

    Coinbase CEO Brian Armstrong admitted in Tuesday’s earnings call that the exchange disabled the unified payments interface (UPI) in India because of the central bank’s “informal pressure.” See related article: Coinbase snafu sets the cat among the crypto pigeons in India Fast facts Armstrong’s comments come a month after Coinbase suspended its India services three […]

    Monika Ghosh

  • Crypto Trading and Strategies

    Coinbase shares extend free fall on drop in crypto trading, loss

    Coinbase shares are down some 80% from their 52-week high of US$368.90 a share on Nov. 9 through Monday, closing at US$72.99. The stock dropped 19.5% overnight after the U.S.-based cryptocurrency exchange reported a Q1 net loss of US$430 million as trading volume declined 44%. See related article: Coinbase NFT marketplace is now open to […]

    Monika Ghosh

  • Regulation

    India GST Council weighs 28% tax on crypto transactions

    Indian tax authorities are exploring the implementation of a 28% goods and services tax (GST) on all cryptocurrency transactions, adding to a 30% tax on profits from crypto asset trading that kicked in on April 1, according to local media reports.  See related article: After crypto, India wants to come after DeFi Fast facts The […]

    Monika Ghosh

  • Advanced Blockchain Technologies

    India’s oldest depository launches blockchain for bonds

    India’s National Securities Depository Ltd. (NSDL) introduced a distributed ledger technology platform for the Debenture Covenant Monitoring system on Saturday to enhance monitoring of bonds. See related article: Indian market regulator asks depositories to use blockchain Fast facts The Debenture Covenant Monitoring system’s decentralized ledger will provide an immutable and verifiable audit trail of transactions […]

    Monika Ghosh

  • DeFi News

    DeFi TVL lowest since October, Terra leads losses

    The total value locked (TVL) in decentralized finance (DeFi) protocols has dropped from US$217.82 billion to US$179.5 billion in the past 30 days, reaching its lowest point since October 2021, according to DefiLlama data. See related article: DeFi wizard Cronje’s departure sends TVL sinking Fast facts Terra’s Anchor Protocol played a significant role by dropping […]

    Monika Ghosh

  • Advanced Blockchain Technologies

    De Beers to use Tracr blockchain to assure sourcing of diamonds

    The diamond firm De Beers said it is deploying its Tracr blockchain, at scale, to provide immutable records of every diamond’s origin. See related article: Diamond sets record for most expensive object bought with crypto Fast facts De Beers, which developed Tracr, has already registered a quarter of its production by value on the network. […]

    Monika Ghosh

  • Advanced Blockchain Technologies

    Twitter spinoff Bluesky releases its first code ADX

    Twitter-backed Bluesky, a company researching and developing open and decentralized standards for social media, released its first code on Thursday called Authenticated Data Experiment (ADX) on GitHub. See related article: Twitter’s Bluesky announces new project lead Fast facts Unlike centralized social media platforms where user-generated content is stored in the platform’s servers, ADX data is […]

    Monika Ghosh

  • Altcoins

    Binance, a16z among investors backing Musk’s Twitter bid with US$7B

    Three dozen investors, including Binance, Sequoia Capital, Andreessen Horowitz and Fidelity Management & Research, have provided financing commitments of US$7.14 billion in support of Elon Musk’s bid to buy Twitter, regulatory filings show.  See related article: Twitter accepts Musk’s US$44B bid, sends Dogecoin to crypto top 10 Fast facts Oracle co-founder Lawrence Ellison was the […]

    Monika Ghosh