Regulation
SEC seeks to stop Ripple from calling ex-SEC director for XRP testimony
SEC does not want its former head of Corporation Finance to testify or answer question about XRP. Who is William Hinman — and what might he tell Ripple?
Michelle Lim
Contributor
Michelle Lim
Michelle is a journalist at Forkast. Prior to joining the team, she wrote for CNN and served with the Singapore Foreign Service. She holds a Master of Journalism from the University of Hong Kong and a Bachelor of Business Administration from the National University of Singapore.
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Investment Insights
Blockchain data cruncher Chainalysis raises $100M to expand in Asia Pacific
Chainalysis, the blockchain and cryptocurrency data analytics firm, announced today that it has raised US$100 million in a Series E funding round with a US$4.2 billion valuation. Fast facts: Headquartered in New York, Chainalysis provides blockchain-based software that enables governments and businesses to detect and prevent cryptocurrency crime and money laundering. Chainalysis’ series E round […]
Michelle Lim
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Regulation
Suspects arrested in US$500M ransomware crypto laundering case
Law enforcement agencies in several countries have arrested suspected members of a crypto-linked cybercrime group believed to be responsible for laundering more than US$500 million from ransomware attacks.
Michelle Lim
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Regulation
Israeli central bank tests digital shekel using Ethereum
The Bank of Israel is testing its central bank digital currency, the digital Shekel, in a private permissioned ecosystem using Ethereum.
Michelle Lim
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Crypto Trading and Strategies
Survey: 32% of novice traders only invested in crypto in past year
Nearly one in three novice traders reported making no traditional investments outside crypto over the past year, according to a survey published today by Overbit, a Singapore-based cryptocurrency exchange. In contrast, 85.3% of professional traders reported diversifying their investment portfolios to stock, real estate or other traditional assets. Fast facts: The survey of 3,000 traders […]
Michelle Lim
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Regulation
Court grants Ripple access to SEC’s internal trading policies on XRP
A judge has granted Ripple’s request to force the U.S. Securities and Exchange Commission to reveal its non-public policies regarding whether agency employees may buy and sell XRP and other cryptocurrencies, according to a screenshot of a new legal filing shared by the lawyer representing XRP holders. Fast facts: Earlier this month, Ripple sought the […]
Michelle Lim
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Regulation
What lies ahead for CBDCs, Bitcoin and other digital currencies?
In a new report, Bank for International Settlements extols central bank digital currency (CBDC) as the future of money. Will CBDCs replace Bitcoin someday?
Michelle Lim
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Regulatory News
U.S. SEC settles with Loci over unregistered securities offering
The U.S. SEC has settled charges against Loci and its CEO, John Wise, for allegedly making false statements in connection with a sale of digital asset securities.
Michelle Lim
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DeFi News
Polkadot DeFi hub Acala’s Karura network wins first Kusama auction
Decentralized finance hub Acala Network’s sister network, Karura, has won the first parachain lease auction on Kusama, Polkadot’s pre-production network, and is now successfully producing blocks, according to an announcement today. Fast facts: The successful completion of Kusama’s first parachain slot auction and Karura’s launch brings Polkdot ever closer to its rollout. Karura raised more […]
Michelle Lim
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Advanced Blockchain Technologies
French central bank, SEBA Bank wrap CBDC securities settlement test
France's central bank has successfully completed a central bank digital currency experiment involving the settlement of listed securities with Switzerland's SEBA Bank.
Michelle Lim
