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Tomorrow, First. News and intelligence for the agentic economy

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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How Forkast minds work & our editorial standards

  • Regulatory News

    Binance taps former Dubai financial services official as regulatory liaison chief

    Binance — the world’s biggest cryptocurrency by trading volume — today announced the appointment of Mark McGinness, former head of international relations at the Dubai Financial Services Authority (DFSA), as its chief regulatory liaison officer, according to a company statement. Fast facts McGinness’ appointment comes as Binance bolsters its compliance efforts and navigates regulatory headwinds […]

    Michelle Lim

  • Regulation

    East Asia falls from 1st to 4th place in share of global crypto transaction volume

    East Asia’s share of global cryptocurrency transactions plunged to 14% in June 2021 from 31% in April 2019 when it was by far the world’s largest crypto economy, according to blockchain data provider Chainalysis’ 2021 Eastern Asia Report published today. Fast facts China’s crypto crackdown in May saw East Asia — with China the biggest […]

    Michelle Lim

  • DeFi News

    Public blockchain Nervos launches cross-chain ‘Force Bridge’ on mainnet

    Nervos, a public blockchain backed by China Merchants Bank International and Sequoia China, today announced the mainnet launch of its cross-chain “Force Bridge,” according to a company statement shared with Forkast.News. Fast facts The Force Bridge enables cross-chain transactions between Nervos and Ethereum, with support for ETH and whitelisted ERC-20 tokens, including Dai (DAI), Tether […]

    Michelle Lim

  • Advanced Blockchain Technologies

    Hex Trust integrates Hedera Hashgraph into custody platform

    Hong Kong-based digital asset custodian Hex Trust has integrated enterprise-grade public blockchain network Hedera Hashgraph into its Hex Safe custody platform, the company announced today. Fast facts With the integration, Hex Trust’s Hex Safe custody platform will support HBAR — the Hedera network’s native cryptocurrency — and tokens issued using the Hedera Token Service (HTS), […]

    Michelle Lim

  • Altcoins

    Ripple to fund solar energy projects in the U.S.

    San Francisco-based blockchain payments company Ripple has partnered with Nelnet Renewable Energy, the renewable energy investment business of NYSE-listed Nelnet, on a US$44 million clean energy fund to support solar energy projects in the United States, the company said. Fast facts The solar projects financed by the Ripple Nelnet Renewable Energy Fund are estimated to […]

    Michelle Lim

  • Bitcoin News

    Bitcoin price poised to retest all-time high

    Crypto market watchers tell <i>Forkast.News</i> what’s behind Bitcoin’s latest resurgence and predict Bitcoin’s price heading into Q4 2021.

    Michelle Lim

  • Regulation

    A look at how global stablecoin regulations are evolving

    As international regulators seek to implement oversight, crypto industry players say it is a positive sign that regulators are now considering including stablecoins in banking regulations.

    Michelle Lim

  • Regulation

    Crypto exchange Binance looks to Ireland for regional HQ

    Binance — the largest cryptocurrency exchange in the world — is looking at setting up regional headquarters in Ireland, according to Reuters. Fast facts “Historically, we claim that we don’t have headquarters. We are actually just in the process of establishing a few headquarters in different parts of the world,” Binance CEO Changpeng Zhao told […]

    Michelle Lim

  • Regulatory News

    Crypto travel rule transactions tested between Abu Dhabi, Singapore

    Notabene, a travel rule solution provider, this week announced that it has successfully completed travel rule test transactions between four Abu Dhabi Global Market (ADGM)-licensed firms and three crypto companies in Singapore. Fast facts In July, the Financial Action Task Force (FATF) — the global anti-money laundering (AML) and counter-financing of terrorism (CTF) standards-setter — […]

    Michelle Lim