Forkast.News is now Forkast Labs

Search results: visa

Page of 4

Why blockchain gaming needs more rules and regulations

The right balance of regulations can better protect gaming companies’ intellectual property as well as players’ assets, writes Henry Chang of Wemade.

How Bitcoin in gaming could spur greater crypto use in the everyday economy

The future world will run on digital money—the most trusted being Bitcoin, writes André Neves of Zebedee. Here’s how gaming can bring BTC to the masses.

Hong Kong police arrest suspect in nearly US$200,000 crypto theft

Hong Kong police announced on Tuesday the arrest of a 24-year-old who is suspected of stealing HK$1.5 million (US$191,076) in cryptocurrencies in a physical cash-to-crypto transaction.  See related article: Hong Kong sees high engagement with crypto, Visa research shows Fast facts The police labeled the rare on-site cryptocurrency theft as a serious crime punishable by […]

No love for Putin. Binance denies sharing data with Russia

Binance, the world’s largest cryptocurrency exchange by trading volume, denied sharing client data with Russian authorities, following a Reuters investigation into the exchange’s ties with the country.

A marathon not a sprint: How the US can win the digital asset race

Joe Biden’s executive order on crypto has put America on course for solid success in the digital asset space, says the Blockchain Association’s Kristin Smith.

Why blockchain is the cornerstone of investing in our planet

Can blockchain embody the values of Earth Day? Consider its growing role in ESG and the energy-efficiency of newer crypto, writes Eddie Hui of MVGX.

Mastercard partners with Australia’s BTC Markets for payment options

Australian crypto exchange BTC Markets has partnered with Mastercard to allow its customers to make direct debit, prepaid or credit card payments to purchase cryptocurrencies from the platform. See related article: Mastercard partners with Australian exchange for crypto card Fast facts The move is part of a broader trend by payments giants like Mastercard and […]

Asia Primed For NFT Growth

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 […]

The Flippening: When will Ethereum overtake Bitcoin?

Ethereum’s market value passing up Bitcoin’s may not be a matter of if, but when. Dr. Kosrow Dehnad and Joe Duncan offer a predictive model.
and

Crypto is playing a prominent role in the Ukraine War — on both sides of the conflict

Amid Russia’s invasion of Ukraine, two divergent narratives about crypto are being told, writes Alex Tapscott. Which version is correct?

Is cryptocurrency a workaround for sanctions against Russia?

War-mongering Russia is finding itself increasingly isolated. Can cryptocurrency help the rogue state soften the blow of sanctions?

EU says crypto included in sanctions against Russia and Belarus

The European Union (EU) said on Wednesday that crypto assets fall under the scope of “transferable securities” in its sanctions imposed on Russia and Belarus. See related article: Russian banks turn to China’s UnionPay as Visa, Mastercard pull plug Fast facts The EU is extending its sanctions to Belarus for its involvement in Russia’s invasion […]

Binance launches fiat-to-crypto service Bifinity

Binance has launched its own fiat-to-crypto service provider Bifinity to improve on-ramps and encourage more merchants to take crypto payments. See related article: Israel added to Binance’s list of global regulatory trouble spots Fast facts Bifinity offers over 50 cryptocurrencies and supports major payment methods, including Visa and Mastercard. Crypto business aggregator Coinmap has tracked […]

Aid for Ukraine: why a stranded founder turned to DAO and crypto

Stranded away from home, Web 3.0 company Everstake founder Sergey Vasylchuck realized he could still help his war-torn homeland Ukraine by raising funds through a DAO.
and

China’s Two Sessions: what to expect for blockchain

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

Warren Buffett invests $1B in Bitcoin-friendly Nubank

Warren Buffett’s Berkshire Hathaway purchased US$1 billion of Brazilian neobank Nubank Class A stock in Q4 2021 while selling billions of dollars of stock in Mastercard and Visa. Fast facts Buffett’s holding company dumped US$1.3 billion and US$1.8 billion from Mastercard and Visa, respectively, according to a Feb. 14 filing with the U.S. Securities and […]

Collision or coexistence: Can CBDCs and crypto live side by side?

As more countries announce plans for central bank digital currencies, will that break crypto’s promise as the future of money?

E-CNY chief says digital dollar poses no threat to China

China does not expect significant impact on its monetary system if the digital dollar were introduced, said Mu Changchun, director-general of the People’s Bank of China Digital Currency Initiative on Wednesday. He spoke at a panel organized by the Atlantic Council think tank to support the release of the International Monetary Fund’s report on central […]

Kazakhstan crypto mining fortunes falter as regime unplugs internet

Top blockchain and crypto news: Bandwidth bust in Kazakhstan. Binance chief CZ tops rich list. Digital yuan app adoption grows.

Top 5 NFT trends to watch in 2022

NFTs are finding novel uses across many sectors, from fashion to real estate. What industries stand to benefit most from this technology in the year ahead?

The top 5 ‘Ethereum killers’ of 2021

Ethereum was game-chaging at its 2015 launch, but today it’s showing its age. As Eth2 upgrades slowly unfold, who are the top rivals trying elbow out the #2 blockchain?

Looking ahead: 3 crypto predictions for 2022

As 2021 draws to a close, what are this year’s milestones and trends to watch in the year ahead? Forkast.News consults experts to find out.

Blockchain Research Institute co-founder sees DeFi reaching trillion dollars in total value

Alex Tapscott of Ninepoint Partners also shares with Forkast.News his predictions for stablecoins and NFTs in 2022.

Bitcoin’s price is a lie, says Morgan Creek Capital chief

Bitcoin’s current price is not indicative of the crypto’s future prospects, says Mark Yusko, who looks forward to the tokenization of everything.

Blockchain investigation firm TRM Labs raises $60M led by Tiger Global

Blockchain intelligence firm TRM Labs has raised US$60 million in a Series B funding round led by investment firm Tiger Global, the company announced on Tuesday. Fast facts Also participating in the financing round were American Express’ Amex Ventures, Visa, B Capital Group, Citi Ventures, DRW Venture Capital, Blockchain Capital, Jump Capital, Marshall Wace, Block […]

How to survive an IRS crypto tax audit

The US Internal Revenue Service is taking a hard look at cryptocurrency transactions to crack down on tax dodgers. How can crypto holders protect themselves?
, and

ConstitutionDAO fails to win Sotheby’s auction

17,437 virtual strangers chipped in over $40 million to jointly buy a rare copy of the US Constitution. They lost their bid but now has everyone asking: What is a DAO?

Mintable wants to be the world’s largest NFT market by cataloging all Ethereum-based NFTs

How to sift through millions of NFTs before buying? NFT marketplace Mintable is hoping to attract more users with these new organizing and ranking features.

LA’s Staples Center to be renamed Crypto.com Arena

First it was crypto derivatives FTX jumping into the game in Miami. Now Singapore-based Crypto.com has stepped it up a notch by dropping more than US$700 million to rename the iconic Staples Center in Los Angeles to Crypto.com Arena for 20 years, according to the Los Angeles Times. Fast facts This figure makes it one […]

3 teams, including ConsenSys, win Singapore’s CBDC Global Challenge

The projects topped 300 rivals in their potential to improve the future digital Singapore dollar in payment services and financial inclusion. Who were the other winners?

Barbados to open embassy in the metaverse

The tiny island nation of Barbados announced it will build a virtual embassy in Decentraland.

Solana Breakpoint 2021 celebrates price ATH, technology and projects to come on the emerging blockchain

Rounding out an impressive year for the world’s No. 5 blockchain, Solana held its first global offline conference in Lisbon this week. Here’s a look at some of the key moments.

Ethereum’s Web 3.0 ecosystem expands, 3.4 million now into DeFi

Ethereum’s sprawling Web 3.0 ecosystem — which includes the majority of the decentralized finance (DeFi), stablecoins, non-fungible tokens (NFTs) and blockchain gaming worlds — continues to expand and draw users, with 3.4 million Ethereum addresses interacting with DeFi protocols, according to ConsenSys’ Web 3 Q3 2021 report published this week. Led by Ethereum co-founder Joseph […]

Crypto market cap breaks US$3 trillion: APAC crypto cards to launch

Crypto market cap breaks US$3 trillion, also APAC crypto cards to launch

BlockFi files for Bitcoin spot ETF with SEC amid regulatory heat

New Jersey-based crypto banking services provider BlockFi and investment management firm Neuberger Berman jointly filed for a Bitcoin spot exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission on Tuesday. Fast facts In September, the U.S. got its first Bitcoin-linked ETF with the launch of ProShares Bitcoin Strategy Fund. But ProShares’ ETF was backed […]

Mastercard joins Amber Group, Bitkub and CoinJar to launch crypto payment cards

Mastercard has partnered with three crypto companies in Asia Pacific — Hong Kong-based Amber Group, Bitkub in Thailand, and CoinJar in Australia — to launch crypto-funded payment cards, according to a Nov. 8 media statement. Fast facts The three companies are the first APAC-based cryptocurrency platforms to join Mastercard’s global Crypto Card Program, which enables […]

How DeFi regulation can propel the next economic revolution

DeFi is here to stay, but regulations are still lacking. Jason Blick of EQIBank explores the challenges and how authorities can move forward.

Scams now plague the NFT space. What can be done to stop them?

The big-money world of NFTs is also attracting hackers, thieves and con artists. How do you know if that Ape NFT or digital Banksy is fake?

Tesla’s trillion-dollar triumph — and its bond with Bitcoin

Top blockchain and crypto news: Is Tesla’s turbocharge a boost for Bitcoin? Mastercard’s Bakkt with a new crypto deal. Chinese NFTs on knife-edge.

Mastercard partners with Bakkt to offer crypto payments

Payments giant Mastercard and cryptocurrencies firm Bakkt Holdings Inc. announced on Monday they have partnered to facilitate cryptocurrency debit and credit card payments. The partnership will make it easier for merchants, banks and fintechs in the U.S. to offer a broad set of cryptocurrency services and ​​enable consumers to buy and sell digital assets through […]

Solana price hits new all-time high amid rising crypto market

As the crypto market lit up with green across the board this morning, the price of Solana (SOL) jumped 6% in a few hours overnight to reach a new all-time high of US$218.73, according to data from CoinMarketCap. Solana’s price has since lost some of this ground, however, and was trading at US$208.57 at press […]

Bitcoin price hits all-time high after ProShares ETF debut

Bitcoin set another record as it traded above US$67,000 Wednesday, one day after ProShares’ first-day trading volume reached nearly US$1 billion

Crypto trading platform Bakkt goes public

U.S.-based Bakkt, a cryptocurrency custodian and trading platform, went public Monday on the New York Stock Exchange after an announcement by Intercontinental Exchange, or ICE, which owns Bakkt and the NYSE. Fast facts Unlike its competitor Coinbase, which chose a direct listing on Nasdaq, Bakkt is going public by merging with a special-purpose acquisition company, […]

Crypto exchanges diversify amid growing competition

As non-crypto players like Twitter and PayPal take up digital assets, Coinbase, Binance and others look for ways to expand offerings.

How to protect digital privacy and freedom of expression | Ep. 4

The importance of digital privacy, freedom of expression and civil liberties and how Web 3 can protect them.

Why DeFi holds the key to metaverse success

A profound shift is underway in online culture, writes Anndy Lian of BigOne Exchange. Here’s how decentralized finance might one day power the NFT and metaverse economy.

Solana crashes, SOL prices tumble as network scrambles to restart

SOL had been on a tear but is now losing ground. Is Solana a victim of its own success — or does the network have deeper problems?

Mastercard acquires crypto investigation firm to boost security

Payments giant Mastercard announced it is extending its reach into the realm of cryptocurrency with the acquisition of CipherTrace, a blockchain analytics startup, for “greater security, transparency and trust to digital assets across the ecosystem.” Fast facts CipherTrace, which calls itself the world’s first blockchain forensics team, provides cryptocurrency tracking and investigation services. It launched an […]

Solana launches into sixth place as price tear continues

As most of the market saw a 10% to 15% dip in the past 48 hours, Solana (SOL) has defied that trend, crossing the US$200 mark for the first time and becoming the new sixth-largest coin by market cap a few hours ago, according to data from CoinMarketCap.com. Fast facts SOL was trading at US$205.27 […]

Riding the NFT trend: questions to consider before investing in these hot digital assets

As non-fungible tokens break into the mainstream, experts advise buyers to do research and watch for a correction.

El Salvador’s big Bitcoin bet. Kim Kardashian, crypto flirt. Hong Kong’s crackdown warning.

Top blockchain and cryptocurrency news: El Salvador’s BTC experiment. EthereumMax and the power of celebrity. Hong Kong shores up regulatory oversight.

Markets shed 10-15%; experts say not to worry

Despite significant losses across the board, industry experts are not too concerned, seeing the plunge as normal market behavior.

El Salvador today becomes first country to adopt Bitcoin as legal tender

The Central American nation opens up the next chapter in the history of the world’s biggest cryptocurrency.

Solana price reaches new ATH; historic run goes on

Solana (SOL) is continuing to break new ground, gaining 22% in the past 24 hours to reach a new all-time high of US$177.95 at press time, according to data from CoinMarketCap.com. Fast facts It has been a historic run for the network, which rose 45% over the previous week to reach its previous all-time high […]

How DeFi can unlock staking rewards and boost liquidity

As the blockchain industry shifts to ‘proof of stake,’ staking’s bonding period can lock up capital. What are the alternatives?

Crypto exchange Zipmex raises $41M in Series B round for aggressive Asia expansion

Zipmex, a Singapore-based cryptocurrency exchange, has completed a US$41 million Series B funding round as it innovates toward a “full 360 digital banking offering,” the company said during a media briefing today. Fast facts Investors in Zipmex’s Series B funding round indicate increasing institutional buy-in to the digital assets industry. The investors include Krungsri Finnovate, […]

Singapore central bank announces 15 finalists for Global CBDC Challenge

The Monetary Authority of Singapore (MAS) today announced 15 finalists for its “Global CBDC Challenge” — a competition to develop retail Central Bank Digital Currency (CBDC) solutions to improve payment services and promote financial inclusion. Fast facts According to MAS, the Global CBDC Challenge attracted over 300 submissions from more than 50 countries, with over […]

How Bitcoin and Ethereum are rekindling with equities

What is the relationship between crypto assets and stock prices? An analysis week’s market trends.

AAX to launch its own NFT marketplace, following other crypto exchanges

Amid the immense growth in the non-fungible token market, leading Singapore-based crypto exchange AAX is planning to launch its own NFT marketplace in the “near future,” according to a press release shared with Forkast.News. Fast facts In preparation for the launch, AAX is running a campaign in which its users can auction NFTs for charity […]

Bitcoin bulls brace. CryptoPunks’ pulling power. China’s crypto lawfare.

Top blockchain and crypto news: Is another Bitcoin bull run coming soon? Punks rocking NFTs. Why crypto contracts may not be enforceable in China.

Fetch.ai brings AI and machine learning to NFT creators

Fetch.ai, an artificial intelligence lab based in the British city of Cambridge, today announced the launch of its new non-fungible token (NFT) platform, Colearn Paint, that will allow creators to automatically generate NFTs using a machine learning algorithm. Fast facts Alongside the surge in NFT sales over the past year, NFT marketplaces have proliferated. According […]

Professor jailed for crypto scam; Cryptopunks trading volume soars

Professor jailed for crypto scam while Cryptopunks trading volume soars

El Salvador’s finance minister says Bitcoin is ‘totally optional’

In what will likely be a relief for many Salvadorans, El Salvador’s finance minister said the use of BTC will remain “totally optional” and businesses will not be sanctioned for not using it when the country’s controversial BTC law comes into effect on Sept. 7, reports Yahoo News. Fast facts The country’s adoption of BTC […]

Solana hits all time high: GoSats launches bitcoin reward card

Solana hits all time high as GoSats launches bitcoin reward card

Solana leads altcoin surge as SOL price hits new all-time high to flip Uniswap

Solana price hits new record and enters top 10, beating Uniswap, following launch of blockchain communication bridge Wormhole and sellout debut of Degenerate Ape NFTs.

India gets Bitcoin rewards cards with backing from crypto-averse central bank

GoSats, an Indian Bitcoin rewards app, has launched a new cash back card that will allow Indians to earn up to 100% of their spending in Bitcoin and provide a chance to win one full Bitcoin on every spend, GoSats announced in a tweet. Fast facts The GoSats prepaid RuPay debit cards will be released […]

Polygon makes the case for scaling solutions after ETH 2.0

London hard fork is live and Ethereum users are hoping high gas fees will be a thing of the past. Will ETH improvements phase out layer-2 scaling protocols? Polygon’s co-founder thinks not.

How to avoid the pitfalls of FATF’s crypto travel rule

Crypto exchanges, or VASPs, are coming under increasing regulation. Complying with the Financial Action Task Force’s travel rule will be one of them.

Ethereum upgrade closely watched; India launches e-RUPI voucher

Ethereum upgrade closely watched also India launches e-RUPI voucher

Mastercard partners with Australian exchange for crypto card

In a further move towards cryptocurrency adoption, Mastercard has partnered with one of Australia’s oldest crypto exchanges, CoinJar, to launch one of the country’s first crypto payment cards. Fast facts The card became available on Tuesday in a digital form through integration with Apple Pay and Google Pay, and will be available in a physical […]

IMF wants to be part of world’s transition to a digital economy

The International Monetary Fund says it has a mandate to help countries around the world adopt and adapt to digital currencies, but only if the digital money is in the public interest — which Bitcoin is not, according to an IMF report published yesterday. Fast facts While the IMF recognizes the potential benefits of digital […]

Over 220 million people are now crypto users, says new report

The number of crypto users around the world grew to 221 million in June, double the number in January, according to a report released today by Hong Kong-based cryptocurrency exchange, Crypto.com. Fast facts Bitcoin drove the growth in crypto use from January to April, with companies such as Microstrategy, PayPal, Tesla and Visa buying into […]