Search results: BSN

Asia looks set to become the next big market for NFTs, with some experts predicting the region may surpass the West as early as this year. Global Google search interest for the term “NFT” surged past “crypto” in January, with the search engine’s data showing growth originating in the East. Data from Taiwan, Japan and […]

Nine U.S. senators are backing a bill that aims to crack down on China’s central bank digital currency (CBDC), the e-CNY or digital yuan, which they claim could allow Russia to bypass financial sanctions imposed on its banks and entities.  See related article: Digital yuan pilot attracts Chinese province bordering Russia Fast facts “If left […]

Look for progress reports on e-CNY, blockchain technology, new digital infrastructure, and subtle mentions of the international sanctions against Russia.

Russian soldiers surrendering to Ukraine will receive 5 million rubles worth of crypto or cash, according to Masha Efrosinina, local TV host and honorary ambassador of the United Nations Population Fund in Ukraine.  See related article: Ukraine’s crypto demand soars; Russian sanctions tighten Fast facts Efrosinina said in an Instagram post that surrendering soldiers of […]

The United Nations specialized agency for telecommunications standardization, ITU-T, has approved a non-fungible token (NFT) technical framework proposed by Chinese tech giants including Tencent Holdings and Ant Group, state-owned media reported.   Fast facts The framework, which introduces an NFT standard, proposes technical and security requirements for digital collectibles on the blockchain.  The international standards approved […]

WikiLeaks founder’s legal defense fundraising bonanza. Shiba Inu’s big new leap. NFT fever rises in China.

The recent crypto price plunge has done little to rattle new investors. Are they just buying the dip, or is there more to it? Q9 Capital’s James Quinn explains.

Top blockchain and crypto news: Market chills make investors shiver. Hacking storm at OpenSea. Has Beijing tamed NFTs?

Global NFT sales are exploding in 2022, but experts predict this is only the beginning of a bigger surge in Asia.

China tries to stamp out Bitcoin mining while increasing its influence over blockchain technology and preparing the digital yuan for launch. What lies in store for 2022?

The National Basketball Association has been ahead of the game in crypto adoption, but after a week of major developments, the league is now way out in front.

The Cosmos ecosystem is expanding rapidly with inter-blockchain transfers on the rise. What makes Cosmos different from other blockchains? Forkast.News explains.

As crypto projects are relocating from China to friendlier shores, it represents ‘huge opportunity’ for Taiwan.

Solana prices keep cresting to new heights, making SOL a top-five cryptocurrency by size. What makes Solana and its ecosystem stand out? Forkast.News explains.

Red Date Technology, the company China tapped to manage its Blockchain-based Service Network (BSN), said today it plans to fully launch an infrastructure for non-fungible tokens (NFTs) by the end of January 2022. Fast facts Red Date revealed on Friday an NFT infrastructure plan — BSN-Distributed Digital Certificate (DDC) — at its BSN Open Permissioned […]

China’s first national standard for blockchain could be released next year and a draft is now in the process of being submitted for approval, an official said earlier this week at an event in the western province of Sichuan, according to a report from local media Chuanguan, run by state-owned Sichuan Daily. Fast facts Li […]

Authorities encourage new ways to apply blockchain across various industries, although there’s no room for crypto

Chinese President Xi Jinping said on Thursday at the United Nations Global Sustainable Transport Conference the country needs to uphold an innovation-driven approach and create more drivers for development. He specifically mentioned in his remarks the integration of blockchain. Fast facts Xi said more should be done to develop smart transport and smart logistics and […]

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 […]

China’s Blockchain-based Service Network (BSN) — a public-private nationwide infrastructure project to spur mass adoption of blockchain technology — is partnering with a New York-based blockchain company to advance interoperability as BSN actively expands its global presence to lure more developers to use the blockchain network. Fast facts Cypherium, a smart contract technology provider focusing on central […]

China’s Blockchain-based Service Network (BSN) — a public-private nationwide infrastructure project to spur mass adoption of blockchain technology — is setting up more portals overseas, as it moves a step closer to more international exposure. Fast facts Red Date Technology, the company China tapped to manage its BSN, announced today that it is working to […]

As blockchain nodes multiply around the world, the need for interconnectivity has never been greater. John DeVadoss of InterWork Alliance explains why.

The Hainan International Art Exchange Center on Wednesday launched an NFT art-trading platform that supports e-CNY payments, according to China News’ report. According to the staff of the center, the blockchain platform provides services for the purchase and sale of art between art institutions. Institutional traders will be able to tokenize physical artworks as NFTs […]

China’s intensified crackdown on cryptocurrency leaves service providers looking to stay compliant with Friday’s abrupt announcement.

Survey shows growing consensus on adoption, investment and use cases. ‘Blockchain is here to stay.’

Top blockchain and crypto news: Evergrande end-game roils crypto markets. SEC takes aim at stablecoins. How close is China’s digital yuan to the finish line?

As Cardano’s Alonzo upgrade goes live, founder Charles Hoskinson of IOHK calls DeFi a ‘bubble.’ How does he think the regulation that is sure to come will reshape DeFi in the future?

Blockchain-based Service Network (BSN) soft launch is the first attempt to roll out the state-backed ‘internet for blockchain’ outside of the Chinese mainland.

The American football league’s 32 teams cannot sell NFTs or accept backing from crypto trading firms — at least for now.

As its first international expansion, China’s Blockchain-based Service Network is launching a portal in Korea. Who are the key players, and where else in the world will BSN emerge this year?

Solana prices are soaring to all-time highs and SOL is now a top-10 crypto. In this Forkast.News explainer, learn why investors are heaping love on this Ethereum rival.

TZ APAC, an entity supporting the Tezos blockchain ecosystem in Asia-Pacific, this week announced a “strategic commitment” to the region as it bolsters its efforts to grow the Tezos ecosystem. Fast facts TZ APAC intends to deploy capital and resources across the region towards business development, marketing and project management to drive adoption of the […]

Impact of one of the biggest heists in the industry looks set to be mitigated as hackers agree to return funds.

FTX.US, the U.S. affiliate of Hong Kong-based cryptocurrency exchange FTX, saw its average daily trading volumes soar 150-fold in June compared to the same month a year before, according to the company’s mid-year results. Fast facts The company reported that FTX.US had a daily volume that ranged between US$150 million and US$1 billion in the […]

PayPal customers will soon have access to a greater range of crypto services through the global payment platform, CEO Dan Schulman said during PayPal’s Q2 2021 investor update call yesterday. Fast facts Describing the upgrade as “code complete,” Schulman said the wallet should be fully available for customers in the Unite States in the next […]

What is blockchain and how can it help smaller companies? A special panel sponsored by Blockchain-based Service Network explores the use cases.

Long before most governments, the Asian superpower saw the potential in Bitcoin’s technology to spawn the next internet and a new form of money.

Crypto literacy of Indian regulators is evolving and crypto players are trying to keep industry clean via self-regulations, says Nischal Shetty of WazirX.

Beijing-based Red Date Technology — the face of China’s ambitious nationwide blockchain service network — receives a big investment boost.

China’s newest warning against crypto sends market into nosedive and Bitcoin dips below US$40,000 for the first time since February.

As Singapore builds Project Dunbar, a cross-border multiple-CBDC platform, its government dives into DeFi learning and ponders a CBDC for the masses.

Privately owned Chinese lender continues to target blockchain opportunities as it remains shut out of Beijing’s digital yuan project.

FTX crypto derivatives exchange pioneered TRUMP crypto futures and now dwarfs Coinbase in trading volume. Is going public in FTX’s near future?

R3’s Corda — one of the most widely used blockchains of Corporate America — is coming to China. What does it mean for the US and Europe?

China’s new five-year plan — its blueprint for development — pours resources into ‘new infrastructure’ like blockchain technology and DCEP’s digital yuan.

The siloed nature of many older blockchains is holding back DeFi’s potential, writes Sarah Kim of Terra. But help with greater interoperability is on the horizon.

GameStop’s drama is over, but it may signal big changes ahead for finance. Here’s why one former banker thinks ‘DeFi is going to absorb traditional finance.’

In a special roundtable, top women in blockchain and crypto share leadership tips and how to give your daughter ‘a fabulous career when she grows up.’

Other top blockchain and cryptocurrency news: Ethereum takes up with Amazon, plans gas fee changes. China likely to increase blockchain spending.

Forkast.News showcases 10 inspirational women blazing trails — in business, government, law and NGOs — in crypto- and blockchain-related fields.

Blockchain association leader Perianne Boring explains the controversial rule and how the industry pulled together to force FinCEN to consider public input.

CasperLabs, a new smart contract blockchain network, announces its CSPR token sale — which CTO Medha Parlikar likens to a ‘gas futures market.’

Blockchain Research Institute’s Don Tapscott outlines how Biden administration can lead technology policy for US to stay ahead in the innovation race.

Other top blockchain and crypto news: ETH hits new high with CME Ethereum futures. DeFi yawns at YFI attack. China steps up DCEP digital yuan tests.

Plasm Network, a leading DApps hub on Polkadot and first parachain on its Rococo testnet, secures $2.4 million to build out the growing Polkadot ecosystem.

Tai’an and WenChang chains join BSN China’s ‘Open Permissioned Blockchain Initiative’ as nation grows its blockchain network while maintaining controls.

Other top blockchain and cryptocurrency news: BIS touts digital currencies. China’s blockchain network to add CBDCs as payment option.

How high will bitcoin prices go — and will 2021 be the year of the bitcoin ETF and advanced crypto derivatives? Jay Hao of OKEx looks to the future.

BSN’s new digital payment network will be a boon to Ethereum, stablecoins and CBDCs like China’s DCEP digital yuan while keeping other cryptos out.

Other top blockchain and cryptocurrency news: Twitter’s blue sky initiative. In China, Conflux Network wins another government deal.

China is investing heavily in blockchain technology in government, dwarfing US levels. Forkast.News examines the growing gap and the paths forward.

With DCEP nearing launch, China is having a banner year in blockchain-related technologies. Here’s what’s hot in China and what’s too hot to touch.

In this edition of Forkast Forecasts, Digital Asset’s co-founder and CEO offers his views on central bank digital currencies and blockchain developments in Asia.

What will be hot in blockchain next year, and what will be the curveballs? Forkast.News consults top industry leaders and thinkers to bring you a crystal ball.

The founder of Ontology and co-founder of Onchain explains the path forward for central bank digital currencies and DeFi in China in 2021.

Here are the hottest blockchain news and trends that dominated Forkast.News headlines over the past 12 months. Let the countdown to 2021 begin!

In this inaugural Forkast Forecast, the co-founder and CEO of Hedera Hashgraph offers his views on China’s blockchain drive and what the industry will be like in 2021.

Other top blockchain and cryptocurrency news: S&P Dow Jones to launch crypto index. Walmart invests big in India’s PhonePe.

As space becomes increasingly commercialized, blockchain has the potential to be the backbone of this new economic frontier, says Jeff Garzik of SpaceChain.

As Wild West DeFi surges to new heights with Chinese capital, China wants to build a separate digital finance network — in its own, tightly controlled image.

Other top news: Ant Group launches blockchain platform for cross-border trade. China makes Beijing, Hunan and Anhui into special free trade zones.

More top news: Wounded Unikr settles with SEC for $6.1 million. China’s nationwide blockchain service network launches ‘public permissioned’ chain.