Bitcoin News
Bearish crypto sentiment focused on Bitcoin, CoinShares says
Bitcoin is in its sixth consecutive week of institutional outflows, with US$89 million exiting the coin, according to a weekly fund flows report.
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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Risks in DeFi
Iron Finance’s DeFi bank run — and how Mark Cuban got ‘rekt’
Iron Finance, once a DeFi darling, went from billions to bust in a day. Should investors have seen the crash coming? How stable are algorithmic stablecoins?
Michelle Lim
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Regulatory News
Bybit joins growing list of crypto exchanges in Canadian regulator’s crosshairs
The Ontario Securities Commission (OSC) is seeking to bring enforcement action against Singapore-based crypto derivatives exchange Bybit for allegedly violating the Canadian province’s securities laws, according to a statement. Fast facts: “Bybit, incorporated in the British Virgin Islands, is operating an unregistered crypto asset trading platform, encouraging Ontarians to use the platform, and allowing Ontario […]
Michelle Lim
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Crypto Trading and Strategies
CoinShares partners with Germany’s Finanzen Zero on crypto ETPs
European digital asset manager CoinShares hasannounced a partnership with German financial news portal Finanzen.net to bring crypto exchange traded products to investors with no trading fees.
Michelle Lim
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Crypto Trading and Strategies
Asia’s newest unicorn, crypto trading firm Amber Group, raises $100 million
Forkast.News speaks with Michael Wu, Amber Group’s co-founder and CEO, on how the crypto firm is going from $100 million to $1 billion in valuation.
Michelle Lim
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Regulation
U.S. securities watchdog’s regulatory agenda turns blind eye to crypto
Dashing hopes of greater regulatory clarity for the cryptocurrency industry, the U.S. Securities and Exchange Commission's recently released annual regulatory agenda does not mention Bitcoin or cryptocurrency regulations.
Michelle Lim
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DeFi News
Grayscale eyes 13 more crypto assets including Polygon, Bancor
Institutional digital asset manager Grayscale announced today that it is exploring 13 more assets for its trusts, mainly related to decentralized finance.
Michelle Lim
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DeFi Platforms
How DeFi exchanges like SynFutures may challenge TradFi and CeFi
Singapore-based decentralized exchange SynFutures has closed a $14 million series A round to bring crypto derivatives to new users around the world.
Michelle Lim
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DeFi News
Singapore DeFi derivatives exchange SynFutures closes US$14M fund raise
SynFutures, a Singapore-based decentralized derivatives exchange, today announced the closure of a US$14 million series series-A funding round led by Polychain Capital.
Michelle Lim
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Regulation
How Singapore and Cambodia see digital currencies for cross-border use
In a recent conference, central bankers from Cambodia and Singapore discuss how digital currencies are transforming existing payment systems for the better.
Michelle Lim
