Regulation
Ripple faces SEC request for further discovery over XRP transactions
The U.S. SEC is seeking additional discovery from Ripple on its XRP transactions and documents related to its lobbying efforts.
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
Crypto exchange Poloniex faces sanctions over alleged securities breaches
Ontario Securities Commission is taking enforcement action on crypto exchange Poloniex for its alleged violation of Ontario securities law.
Michelle Lim
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Regulation
BIT Mining to invest US$9M in crypto mining in Kazakhstan
Chinese crypto mining firm BIT Mining is investing US$9.33 million to construct and operate a mining data center in Kazakhstan.
Michelle Lim
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Advanced Blockchain Technologies
SpaceChain to send blockchain technology into orbit in Ethereum first
SpaceChain, a Singapore-based startup that focuses on the integration of blockchain with space technology, will be launching two missions to space next month to deploy decentralized satellite infrastructure and multi-signature services for its corporate customers.
Michelle Lim
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Altcoins
Tether’s market cap tops US$60B despite crypto outflows
Despite recent outflows from crypto, U.S. dollar-linked stablecoin Tether (USDT) has surpassed US$60 billion for the first time this week.
Michelle Lim
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Altcoins
Cardano sees US$10M inflows as big investors switch to proof-of-stake coins
Amid declines in Bitcoin and Ethereum, Cardano and its native cryptocurrency ADA saw US$10 million inflows as institutional investors switch to proof-of-stake coins.
Michelle Lim
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Bitcoin News
Marathon to host 73,000 Bitcoin miners in Texas as Chinese exodus looms
Marathon Digital Holdings has announced a deal with Compute North to host 73,000 of Marathon's Bitcoin miners at a new data center in Texas.
Michelle Lim
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Crypto Trading and Strategies
Bybit crypto derivatives exchange launches cloud mining for Ether
Crypto exchange Bybit is launching cloud mining to provide exposure to Ether. What happens when Ethereum moves from proof of work to proof of stake?
Michelle Lim
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Regulation
China announces plan to crack down on Bitcoin mining
The price of Bitcoin fell by over 10% following an announcement by China’s State Council today that it is planning to crack down on Bitcoin mining and trading and “resolutely prevent the transmission of individual risks to society.” Fast Facts: The 51st meeting of the State Council Financial Stability and Development Committee called for the […]
Michelle Lim
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Bitcoin News
Singapore’s DBS Bank says no investment discussion can omit Bitcoin
Diversification to allocate funds to Bitcoin is an "opportunity that (fiat) money cannot buy", says DBS Bank's chief investment officer.
Michelle Lim
