Search results: technology

StarkNet’s upcoming token airdrop could become the largest in history.

Fusing traditional banking and blockchain, OSL collaborates with UBS to execute Hong Kong’s first transaction of a tokenized warrant on the Ethereum.

BlueSky, the decentralized social media platform by Jack Dorsey, opens its doors to the public.

Friendzone is poised to challenge traditional social media models with its blockchain-powered SocialFi application on the Polygon network.

Industry giants Tether and Yakovenko invest in Oobit’s $25M funding round.

FTX plans to repay customers amid bankruptcy proceedings, rules out exchange relaunch.

Gamers can now play Doom directly on the Dogecoin blockchain, merging nostalgia with modern tech.

With its recent US$7 million funding, Bitfinity wants to enhance Bitcoin’s utility in DeFi and NFTs.

Ripple Labs’ tender offer aims to repurchase US$285 million shares, valuing the firm at US$11.3 billion and fortifying financial standing.

Projects are rethinking how to make DAOs more fun and less disappointing.

The most promising carbon offset programs can still wither and die from financing distress. Blockchain technology can help them survive and bear fruit.

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.

Indian crypto companies flock to Dubai, escaping high local taxes and finding solace in the emirate’s favorable regulatory environment.

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.

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.

Silicon Valley venture giant Andreessen Horowitz plants flag in London: fuels UK’s ascent as a Web3 innovator.

HSBC’s new service is expected to launch in 2024.

The partnership aims to reduce the high costs and lengthy transfer times associated with traditional remittance payments.

The Simpsons dedicates its annual Halloween special to NFTs, as data signals continued uptrend in the NFT market.

Reddit’s shortsightedness and fixation on profits ultimately led it to pull the plug on Community Points. But here’s why Reddit should still be commended.

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.

Siu said this marks the crypto industry’s evolution from the FTX collapse and the Terra-Luna meltdown.

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.

The collaboration aims to build institutional crypto services in Japan.

Colossal failures in online age verification have opened the floodgates for kids to access harmful content and become ‘friends’ with adult strangers. Can encrypted decentralized IDs put a stop to all that?

The MAS said that its previous tokenization pilots demonstrated great potential benefits of the technology.

The lender, known as K-bank, said it will also open three additional crypto subsidiaries.

Neo’s new sidechain hopes to counter MEV attacks to mitigate exploits and manipulations.

Parity CEO Björn Wagner said that despite the need for layoffs, the company’s financial health “remains robust.”

To quell the uproar over the imminent death of a popular rewards program, Reddit is blaming ‘scalability’ and regulatory woes. But the real culprit is Reddit itself for failing to make its tokens sustainable, writes Fabio Galbi, CEO of VSC.

Astar Network and Startale Labs partner with Japanese telecom giant KDDI to boost Web3 adoption.

The pillars of Wall Street are muscling their way into crypto and decentralized finance. Who stands to benefit the most?

The XRP token rose over 6% on the day after the SEC dismissed the charges against Ripple’s top executives.

FTX’s former general counsel Can Sun testified he was “shocked” by $7 billion in missing customer funds as the prosecution’s case starts to draw to a close.

Wallet Wars, a Space Invaders-inspired game with a Web3 twist: upgradeable NFT spaceships.”

Top blockchain and crypto news: Is Japan a new frontier for Binance? AI art sweeps NFT sales. ETF buzz electrifies Bitcoin.

The survey aimed to measure the public attitude towards virtual asset investments, following the JPEX incident.

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.

As the NFT tide shifts, traders seek new horizons. While Blur and OpenSea grapple with change, SoFi and fractionalized assets emerge as the next big wave.

Few tokens and too many exchanges are a bad recipe for Japan’s smaller crypto trading houses. The experts say there’s room for up to five only. So what happens to the little guy now that the world’s largest exchange Binance has rolled back into town?

The Australian Department of the Treasury said it will accept feedback on the draft bill by December.

From tech monopolies to the synergy of AI and blockchain, Alex Tapscott, author of “Web3: Charting the Internet’s Next Economic and Cultural Frontier,” dissects the trajectories of the digital landscape.

Ardoino takes Tether’s helm after serving as the USDT stablecoin issuer’s chief technical officer since 2017.

Crypto is “part of the future,” said Melissa Wisner, vice president of crypto risk at Ciphertrace, during her panel discussion at D3 Bahamas.

Alameda Research reportedly did not know about the misuse of FTX user deposits until last November.

Top blockchain and crypto news: Gaza tensions, digital tremors, NFTs are not dancing in September, Joe Lubin talks traditional system’s twilight.

The DCJPY could play a central role in the future’s currency system, according to DeCurret Holdings.

Once driven by speculation and vanity car plate-like profile images, NFTs are now becoming more useful — with value that is not captured by market prices.

The CEO of blockchain services provider Consensys and co-founder of Ethereum spoke to Forkast at the Token 2049 crypto conference in Singapore. He discussed decentralization and what he sees as the crucial role to be played by blockchain in AI and vice-versa.

Crowdfunding platform Gitcoin’s project lead Jonathan Miller said he accidentally sent approximately US$460,000 worth of Gitcoin tokens (GTC) to an unrecoverable contract address. See related article: DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court Fast Forkast See related article: SBF trial kicks off, Singapore gives crypto licenses as blockchain data comes […]

Sam Bankman-Fried, the co-founder and former chief executive officer of cryptocurrency exchange FTX, should be blocked from bringing up artificial intelligence firm Anthropic’s latest fundraising efforts in his defense against the U.S. Department of Justice (DOJ), prosecutors said in a court filing on Sunday. See related article: Little-known FTX co-founder Gary Wang testifies in Sam […]

The Web3 sun is shining in Hong Kong, Singapore and Japan, where forward-thinking regulations are fostering crypto’s growth while boosting investor protections.

Gary Wang, co-founder and former chief technology officer of cryptocurrency exchange FTX, testified on Friday that Alameda Research, the sister trading firm of the exchange, had a special line of credit of up to US$65 billion from FTX, that allowed the firm to spend US$8 billion of customer funds. See related article: Little-known FTX co-founder […]

The largest U.S.-based cryptocurrency exchange will be launching more products and services in the Lion City, Coinbase’s Hassan Ahmed says.

Wang admits he implemented special privileges in the exchange’s code to enable Alameda Research to withdraw unlimited funds.

Top blockchain and crypto news: Spotlight on Bankman-Fried, Pudgy Penguins’ new revenue stream and Google’s Web3 goggles

Hong Kong Exchanges and Clearing Limited (HKEX) announced on Wednesday that it is implementing a smart contract upgrade to its Connect, a system that bridges Hong Kong and China’s stock markets, to enhance post-trade workflows and reduce settlement risk. See related article: SFC to monitor illegal VATP activities with Hong Kong Police Force Fast Facts […]

CMCC Global, a Hong Kong-based blockchain-focused venture capital fund, announced Wednesday that it raised US$100 million to launch the “Titan Fund.” See related article: SFC to monitor illegal VATP activities with Hong Kong Police Force Fast Facts See related article: Valkyrie CIO expects US spot Bitcoin ETF approval in Q2 2024 (Update adds comment from […]

The Securities and Futures Commission (SFC) of Hong Kong and the Hong Kong Police Force announced Wednesday the establishment of a working group to monitoring and investigating illegal activities related to Virtual Asset Trading Platforms (VATPs).  See related article: Hong Kong crypto network Mixin loses US$200 million in hack Fast Facts See related article: JPEX […]

South Korea’s central bank will be launching a pilot program for its central bank digital currency (CBDC) to explore infrastructure requirements, according to an Oct. 4 joint statement by the Bank of Korea (BOK), the nation’s Financial Services Commission (FSC) and the Financial Supervisory Service (FSS). See related article: CBDCs are coming. Here’s why you […]

The XRP token rose 4.42% after a federal judge denied the U.S. Securities and Exchange Commission’s (SEC) motion to overturn its recent loss against Ripple Labs. XRP traded at US$0.5308 at 2:45 p.m. in Hong Kong on Tuesday, according to CoinMarketCap data.  See related article: HK’s SFC & US SEC crack the whip as Blockchain […]

Web2 may be easier than ever to use, but its users are plagued by personal data theft and other security risks. Here’s how Web3 can do better.

The Asia-Pacific branch of Ripple Labs has received a Major Payments Institution license from the Monetary Authority of Singapore.

At the Token 2049 crypto conference in Singapore held Sept. 13 to 14, Google Cloud’s James Tromans spoke to Forkast about a possible marriage between Webs 2 and 3.

Bringing together the best parts of centralized and decentralized exchanges, RDEXs also take into account the inevitability of regulations.

The prospect of FTX’s return to the competitive exchange landscape is being keenly watched by stakeholders, reflecting on its meteoric rise, groundbreaking approach, and tumultuous fall.

The Philippine Securities and Exchange Commission delayed the publishing of a crypto framework earlier this year citing the FTX collapse in late 2022 as the reason.

Quantum computers may one day crack the cryptographic algorithms that underpin everything from Bitcoin to digital IDs. What can be done to secure Web3’s future?

Top blockchain and crypto news: U.S. lawmakers berate SEC over ETF applications. NFTs down but not dead. Hong Kong sees year’s biggest crypto heist so far.

Amidst the cycles of blossoming and withering in the NFT marketplace, a significant majority of NFTs find themselves succumbing to worthlessness, leaving the persistent 5% to defy the fleeting trends.

Bitcoin dipped on Wednesday morning in Asia to trade range-bound below US$26,300. Ether edged higher but failed to reclaim the US$1,600 mark.

Mitsubishi UFJ and Binance Japan will collaborate on the issuance of fiat-pegged stablecoins.