DeFi News
Plasm Network closes $10M fundraise to bolster Polkadot ambitions
With Kusama slot parachain auctions underway, the first starting next week, Plasm and Shiden networks prepare for a multi-chain future with Polkadot.
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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Regulation
Indian crypto exchange WazirX in probe over US$382M in suspect transactions
India's Enforcement Directorate has issued a show cause notice to cryptocurrency exchange WazirX for alleged foreign exchange violations involving 27.9 billion rupees (US$382 million).
Michelle Lim
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Investment Insights
Singapore’s GIC takes 8% stake in HK’s digital asset company BC Group
GIC, Singapore's sovereign wealth fund, is investing in BC Group—the parent company of OSL, Hong Kong's first licensed cryptocurrency exchange.
Michelle Lim
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Upcoming NFT Projects
Cross-chain NFTs coming with Polkadot’s Unique Network and RMRK
Unique Network, an NFT chain for Polkadot, and NFT protocol RMRK announced today that they are partnering on expanding the functionalities of NFTs across blockchains.
Michelle Lim
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Regulation
Basel Committee starts public consultation on banks’ crypto asset exposures
The Basel Committee on Banking Supervision has launched a public consultation on preliminary proposals for the treatment of banks' crypto asset exposures.
Michelle Lim
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DeFi News
Jump Trading partners with Solana-based DeFi protocol Oxygen
Jump Trading, a high-frequency trading firm, is joining Oxygen, a decentralized finance prime brokerage protocol, as a strategic partner and market-maker to provide liquidity on the Oxygen platform.
Michelle Lim
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DeFi News
BIS, Swiss and French central banks team up for CBDC Project Jura
The BIS, together with the central banks of France and Switzerland, are collaborating on a wholesale central bank digital currency experiment for cross-border settlements.
Michelle Lim
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Crypto Trading and Strategies
Coinbase partners with 401(k) provider ForUsAll on crypto retirement plans
Retirement investment platform ForUsAll is partnering with Coinbase to expand access to cryptocurrencies through the U.S. 401(k) pension scheme.
Michelle Lim
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Advanced Blockchain Technologies
Singapore central bank says blockchain can boost Asia’s low-carbon future
Ravi Menon, managing director of the Monetary Authority of Singapore, says technologies such as blockchain will help Asian nations to reduce carbon emissions.
Michelle Lim
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DeFi News
Crypto wallet firm Ledger closes US$380M funding round
Paris-based crypto hardware wallet provider Ledger announced today the completion of a US$380 million series-C fundraise.
Michelle Lim
