CBDCs and the year that may reshape crypto markets
Top blockchain and crypto news: CBDCs at the crossroads. A token gesture from Samsung. NFTs survive in China.
Bored Ape Yacht Club teams up with Animoca Brands to develop play-to-earn game
Bored Ape Yacht Club (BAYC), one of the most successful non-fungible token (NFT) collections, is joining hands with Animoca Brands — a Hong Kong-based blockchain gaming, metaverse and NFT company — to develop a play-to-earn game utilizing BAYC’s popular avatar NFTs, according to a company statement. Fast facts The new game, which will feature play-to-earn […]
Bank stablecoin project; Watch for Fed taper in 2022
Banks releasing new stablecoin project meanwhile better watch for Fed taper in 2022
Bored Ape Yacht Club artist exhibits new NFT collection at Art Basel Miami
The lead artist behind the breakthrough non-fungible token series “Bored Ape Yacht Club” (BAYC), known as All Seeing Seneca, has released a new set of NFTs over the weekend at Dfinity’s Iconoclast gallery event at Art Basel Miami, according to the artist’s Twitter profile. Fast facts With over US$1 billion in sales attributed to the […]
Square releases white paper for DEX to allow exchange of crypto, fiat and more
U.S. payments giant Square wants to build a decentralized platform called tbDEX for exchanging cryptocurrencies like Bitcoin as well as fiat currency and real-world goods. Fast facts Square released a white paper on Friday detailing how the platform would work. The white paper was released on the GitHub community for contributions. The protocol “facilitates decentralized […]
GBBC maps out global industry standards to analyze digital asset landscape
Global Blockchain Business Council (GBBC), an industry association, has released its Global Standards Mapping Initiative 2.0 to provide a holistic view of the industry’s global activity. Fast facts The initiative maps out the global digital asset landscape in terms of legislation, technical standards, industry standards and recommendations, university sources, as well as industry consortia. Specifically, […]
Federal Reserve to taper bond purchases, prompting concerns over BTC impact
As the U.S. economy shows signs of recovery from the pandemic-related recession, the Federal Reserve has announced it will begin tapering the US$120 billion a month it spends on bond purchases, hoping to address concerns of rising inflation. This has caused unease in the crypto industry as Bitcoin adoption over the past 18 months has […]
13 years after Bitcoin’s whitepaper, what would Satoshi say?
Bitcoin is growing up in ways not imagined in Satoshi Nakamoto’s 2008 writings that gave birth to it. How will Bitcoin’s future unfold?
The crypto policy landscape and how to educate policy makers about Web 3.0 | Ep. 5
How the crypto economy is engaging with legislators, what policy makers need to know about Web 3.0 and what role the U.S. infrastructure bill has played in kickstarting better cryptocurrency education.
How to make sense of the hot new digital assets, like Bored Apes? Think: Lego blocks
Money, culture and community are now converging in NFTs and the token economy, writes Lily Z. King. Welcome to a new world where ‘money Lego’ meets ‘culture Lego.’
Hong Kong issues technical white paper on e-HKD
The Hong Kong Monetary Authority (HKMA) on Monday released a white paper proposing potential technical architecture and design for the infrastructure of a digital Hong Kong dollar. The paper is one of the deliverables described in Project e-HKD, a feasibility study the HKMA announced in June 2021. Fast facts Hong Kong began its exploration of […]
How China’s crypto clampdowns could reshape the rest of the world
Against the global tide of digital asset adoption, China’s harshest crypto ban yet heralds golden opportunities, writes Richard Byworth of EQONEX. Other governments should take note.
Mutant Ape NFTs collect $140 million on OpenSea market
Bored Ape Yacht Club (BAYC) — one of the hottest non-fungible token projects at the moment — released its Mutant Ape Yacht Club (MAYC) NFTs over the weekend through a free airdrop to existing Bored Ape holders as well as a public auction of 10,000 Mutant Apes. The price for Mutant Apes started at three […]
How a Hong Kong newspaper is remaking history with NFTs
The South China Morning Post, Hong Kong’s paper of record for 118 years, is experimenting with NFTs and metaverse technology to bring its storied past into the future.
Ethereum-based EthSign platform wins seed funding from Draper Associates
EthSign — a Singapore-based electronic signing platform built on the Ethereum blockchain — today announced additional seed round funding from Silicon Valley venture capital firm Draper Associates. Fast facts EthSign is a decentralized application that allows users to comment on, edit and access each version of an electronic agreement securely. Built on the Ethereum blockchain, […]
E-CNY white paper released; Malaysia steamrolls mining rigs
E-CNY white paper explains how it will work with physical RMB while Malaysia steamrolls mining rigs.
Japanese digital currency plans expected to take shape next year, lawmaker says
Japan’s plan to launch a digital yen is likely to come into sharper focus in late 2022, a lawmaker overseeing the ruling Liberal Democratic Party’s digital currency strategy has told Reuters. Fast facts The Bank of Japan launched the first phase of a central bank digital currency experiment in April. It hopes to move to […]
Financial Stability Board seeks faster, cheaper cross-border payments
The Financial Stability Board has launched a public consultation on global targets for cross-border payments.
UK finance sector’s paper problem in line for fix as docStribute ledger launches
London-based regulatory technology startup ALT/AVE today launched its docStribute distributed ledger product, which aims to tackle the paper waste problem generated by companies in the financial services industry. Built on the Hedera Hashgraph network, docStribute enables financial institutions to distribute mandatory and highly regulated documents to customers, offering a secure and more sustainable digital alternative […]
How China’s DCEP digital yuan could reshape geopolitics and change the world
One year after China unveiled a digital currency via testing, its potential for displacing dollar diplomacy is becoming more understood. Is the US worried yet?
How new SEC chair Gary Gensler can reshape the crypto industry’s future
The former MIT blockchain professor and CFTC chair now sits atop a key regulator over crypto. How might his leadership affect SEC v. Ripple, or Bitcoin ETFs?
How blockchain technology’s landscape changed in the tumult of 2020
Far from slowing down blockchain advances, the Covid pandemic may have accelerated the technology’s growth and adoption, blockchain experts say.
Crypto’s new dawn: the future of India’s burgeoning cryptocurrency landscape
India’s cryptocurrency market has vast potential — what’s holding it back? A continued lack of regulatory clarity as well as crypto education, says CoinDCX co-founder Neeraj Khandelwal.
Ep. 12 | Bitcoin halving elicits yawns. As China trials CBDC, Tim Draper predicts it will bomb. Is NEAR Ethereum’s new killer?
Other top news: TRON snags Covid aid. Free Telegram Open Network. China builds tech talent database. Bitmain’s civil war. Another win for Ripple.
Famed investor Tim Draper predicts both a digital dollar and Chinese DCEP “will bomb”
In an interview with Forkast.News, the billionaire venture capitalist also discusses globalism, regulatory arbitrage, the future of healthcare and why he thinks bitcoin is king.
Ep. 7 | Binance buys CoinMarketCap, Toilet Paper Token skunks Bitcoin, China pulls ahead in patent race, and more
Other top news: Blockchain in TV and film. Going Dutch on Covid. Nodle’s new network. BMW tracking auto parts. House rentals in new intelligent city
JIGO BRC-20 NFTs surge in daily sales
Bitcoin’s $JIGO BRC-20 NFTs see a significant to lead Thursday’s sales chart.
FrxETHRedemptionTicket leads NFT sales surge
Ethereum’s FrxETHRedemptionTicket tops NFT market with a significant sales increase in the last 24 hours.
Mad Lads NFTs rise as the day’s top collection
Solana’s Mad Lads collection sees significant sales and transaction increase, leading daily NFT market.
Solana’s Froganas, Howdy Hats, lead NFT sales
Two of Solana’s up and coming collections lead the NFT market’s daily performance.
Yield Guild Games expands on Ronin with token launch
Yield Guild Games (YGG) has launched its token on the Ronin network, aiming to attract more gamers to its Web3 ecosystem.
BAYC leads NFT sales as CryptoPunks cool down after historic sale
BAYC tops daily sales with US$1.45 million.
Bitcoin’s Ordinals top NFT collection rankings with US$3.4 mln in sales
Top NFT collection sees slight dip in sales but increase in transactions over 24 hours.
Bitcoin NFT sales drop by 44%, still leads market
Ethereum trailed Bitcoin’s NFT sales by less than US$600,000.
UK court rules against Craig Wright’s Satoshi Nakamoto claim
Craig Wright is not Bitcoin’s creator, Satoshi Nakamoto, accourding to the High Court’s ruling.
UK regulator permits crypto ETNs for professional investors
The UK’s (FCA) has greenlit crypto asset ETNs for professional investors, with the London Stock Exchange set to accept applications next quarter.
Wright submits 164,000 pages in an attempt to prove he’s Satoshi
Craig Wright’s claim as Bitcoin creator faces scrutiny in court with new evidence and testimonies.
Yuga Labs sees leadership shift and NFT sales surge
Greg Solano’s return as Yuga Labs CEO spurs a significant increase in Bored Ape Yacht Club NFT prices.
Animoca brings 3 crypto wallets onto its Mocaverse network
Animoca Brands announces partnerships with OKX Wallet, Crypto.com DeFi Wallet, and Halo Wallet, elevating the user experience in the Mocaverse network.
DN404, a new hybrid NFT standard challenges ERC-404
The NFT landscape evolves with DN404, a fresh rival to the ERC-404 standard.
OSL and UBS pioneer first tokenized warrant transaction in Hong Kong
Fusing traditional banking and blockchain, OSL collaborates with UBS to execute Hong Kong’s first transaction of a tokenized warrant on the Ethereum.
Ethereum staking hits milestone: over 25% of supply now locked
Despite the Shapella upgrade allowing withdrawals, Ethereum’s proof-of-stake transition continues to attract validators, with over 30 million Ether staked.
Yuga Labs’ payout from Ripps and Cahen raised to nearly US$9 mln
Ryder Ripps and Jeremy Cahen must pay almost US$7 million in Yuga Labs’ attorneys’ fees, court documents show.
Bybit eyes Hong Kong license: crypto expansion plans
Crypto derivatives exchange Bybit seeks to enter Hong Kong’s market with a new license application.
Solana to launch second crypto smartphone
Solana Mobile hints at second smartphone following surprise success of Saga.
USDT rises as money laundering tool in SEA, UN says
A UN report reveals USDT’s growing role in money laundering and underground banking in Southeast Asia
Bitfinity valued at US$130 mln ahead of launch
With its recent US$7 million funding, Bitfinity wants to enhance Bitcoin’s utility in DeFi and NFTs.
Musk’s social media X halts NFT hexagon avatars
Social media platform X, under Elon Musk, quietly removes NFT profile picture feature, aligning with broader tech industry trends.
Valkyrie CIO eyes US$400 mln inflow in the first week of Bitcoin ETF launch: The Block
Steven McClurg says Valkyrie Investments may be poised for a historic ETF launch this week, with the potential to inject up to US$400 million into the market.
Bitcoin ETF applicants make swift amendments to filings following SEC’s response
Imminent SEC decision on Bitcoin ETFs could mark a watershed moment for crypto, spearheaded by industry giants BlackRock and VanEck, reshaping the investment world.
What asset tokenization will look like in 2024 and beyond
Tokenization is on the rise not only in the private sector. In Asia, governments are leading the charge to use this technology for the greater public good.
Blockchain can transform the real estate business — if we remove the roadblocks in its way
From reducing paperwork to verifying title quickly, blockchain technology promises to overhaul the age-old industry. But it faces regulatory hurdles and resistance by those who profit from inefficiency.
How ancient battles are shaping our global financial future
Our 21st century economy still rides on old, slow and costly financial rails. Here’s how blockchain technology can build a network of monetary superhighways.
Why a16z chose London for its first non-US office
Silicon Valley venture giant Andreessen Horowitz plants flag in London: fuels UK’s ascent as a Web3 innovator.
Can spot Bitcoin ETFs push Hong Kong to the crypto throne?
Top blockchain and crypto news: Hong Kong mulls Bitcoin ETFs, Ordinals flip Ethereum NFTs, IPO comes full circle.
Grassroots crypto adoption to follow real-world use cases, says Chainalysis APAC policy lead
Blockchain-based gaming and remittances among top drivers toward adoption in central and South Asia.
EBA proposes new liquidity guidelines for stablecoin issuers
The proposed guidelines will work as a liquidity stress test for stablecoin issuers, according to the EBA.
NFTs are mainstream again?
The Simpsons dedicates its annual Halloween special to NFTs, as data signals continued uptrend in the NFT market.
Dubai’s ascent to fintech, Web3 and AI dominance
While Hong Kong and Singapore compete for the top spot, Dubai is already shaping the future of fintech and Web3, writes Mohammad Alblooshi, chief executive officer of the DIFC Innovation Hub.
Bank of England, FCA to regulate sterling-denominated stablecoins
The central bank expects to release the final set of regulations by 2025.
Yuga Labs, Magic Eden to launch Ethereum NFT marketplace with enforced royalties
Magic Eden Ethereum will be the first major marketplace to contractually obligate creator royalties.
Is Hong Kong really in the forefront of the global digital money race?
Hong Kong is charging ahead in its digital currency initiatives, but more must be done to address the e-HKD’s environmental impact and security concerns.
SBF trial drama fails to dampen Bitcoin’s meteoric October
Top blockchain and crypto news: Bankman-Fried’s memory lapses, betting on the return of NFTs, ETF dreams and Bitcoin’s Uptober
NFT’s October treat
October sees NFT resurgence with US$300 million in sales despite negative trade profits; SoFi platforms face challenges amid financial scrutiny.
UK plans to introduce fiat-backed stablecoin rules in early 2024
The U.K. intends to introduce rules on fiat-backed stablecoins in early 2024, according to the government’s latest cryptocurrency policy update published on Monday. See related article: Singapore, Thailand clarify crypto rules; NFTs become new cultural frontier Fast Facts See related article: Blockchain tech in Thailand gets boost from new pro-crypto lead
Web2 social media is in a race to the bottom. Web3 can do better
Platforms like Facebook, Reddit and the hot mess formerly known as Twitter are alienating users like never before. ‘Web3 doesn’t let you be a dick and get away with it,’ writes Joonatan Lintala, CEO of Phaver.
Bitcoin soars amid buzz of potential ETF approval: Is a crypto renaissance on the horizon?
Top blockchain and crypto news: Bitcoin ETF potential pumps life in markets. Ethereum NFTs back on rise. Major industry layoffs continue.
Coinbase taps Ireland as European hub ahead of MiCA regime
Coinbase said that the regulatory clarity MiCA provides to the industry is “hugely welcome.”
Binance’s rollercoaster week: expansion, setbacks, and the ghost of FTX’s collapse
Top blockchain and crypto news: Is Japan a new frontier for Binance? AI art sweeps NFT sales. ETF buzz electrifies Bitcoin.
EU adopts new crypto tax rules, mandate data sharing from crypto firms
The new data sharing rules will go into effect 20 days after their publication in the Official Journal.
Rampant scams highlight critical need for greater crypto literacy
The plight of the Philippines — which has a high rate of crypto adoption but is also plagued by fraud — offers a window into why the industry’s ‘do your own research’ mantra isn’t enough.
Binance: One year on from FTX’s downfall
Inside the world’s largest crypto exchange’s annus horribilis.