US regulators are finally lining up over digital assets
A recent flurry of US regulatory activity is helping legitimize the digital assets space. Here’s the latest on SEC, FINRA, CFTC and OCC’s new level of coordination.
Is DeFi a $10 billion Ponzi scheme?
The risk of getting scammed is real, but DeFi also offers investors opportunities to earn yields in this pandemic economy, says Two Prime CEO Marc Fleury.
Power over Bitcoin is held by a few. Is it at risk of a 51% attack?
In a special interview, Konstantin Richter of Blockdaemon also discusses the critical role of government in encouraging greater blockchain adoption.
Cryptocurrency futures give thumbs down to Trump’s debate performance
FTX cryptocurrency traders are dumping TRUMP after the first US presidential debate, a raucous affair punctuated by insults and interruptions.
Ep. 32 | Bithumb on the block amid fraud probe. Wealthsimple debuts Canada’s first regulated crypto exchange. BitFlyer permits BTC buys via PayPal.
Other top news: Ant Group launches blockchain platform for cross-border trade. China makes Beijing, Hunan and Anhui into special free trade zones.
Ep. 31 | FinCEN files tie big banks to $2 trillion in crimes. Tezos tapped to explore CBDC for France.
More top news: Wounded Unikr settles with SEC for $6.1 million. China’s nationwide blockchain service network launches ‘public permissioned’ chain.
How smart contracts can help govern and mine resources in outer space
Blockchain and space expert Brian Israel of UC Berkeley Law discusses space regulations, carbon credit trading and more in this special Forkast.News interview.
What China’s New Era politics means for the digital economy and decentralized finance
Access to China’s cryptocurrency market will accelerate as long as the government can keep out criminal activity, writes James Gillingham of Finxflo.
Rented hash power for 51% attacks is a ‘huge vulnerability’ for proof-of-work blockchains, says ETC Labs CEO
Ethereum Classic Labs CEO Terry Culver calls the hash rental market shady “like under a rock somewhere…. They’re basically money laundering operations.”
The World War of Digital Currencies: Is it too late for South Korea?
As China muscles DCEP to market and the U.S. enlists MIT for a future digital dollar, South Korea struggles to find its place in the crypto economy.
Ep. 29 | DeFi surges to dizzying heights. Brazil jumps into CBDC race. Swiss ‘Crypto Valley’ tax collectors will soon accept bitcoin.
In other news: Public gets sneak peek at China’s digital currency DCEP in flash testing. US-China trade war threatens SMIC and bitcoin mining.
Conflux’s Open DeFi project aims to bridge East and West — with its own cryptocurrency in China
Despite China’s bans on crypto and ICOs, the permissionless blockchain protocol has also done a ‘regulatory compliant fundraise.’ How is Conflux pulling it off?
How Ethereum Classic’s 51% attacks reveal risks to Bitcoin and Ethereum
ETC’s recent hacks may be an occupational hazard of ‘proof-of-work’ blockchains, including BTC and ETH. Is going ‘proof of stake’ the answer?
Are blockchain game voxels the new square foot?
From CryptoKitty pets to metaverses like Minecraft and Decentraland, blockchain video games are redefining what it means to own virtual property.
Ep. 28 | FTX buys Blockfolio in $150 million deal. What’s up with the 300 crypto-terror accounts? China forks BSN to retain control.
Also: Japan’s deputy PM Taro Aso urges greater blockchain cooperation. Inner Mongolia raises bitcoin mining costs. Fintech investments in S. Korea.
Will Ethereum 2.0’s launch be blockchain’s iPhone moment?
Released this week after much anticipation, Eth2 could finally become “the world’s computer” that the original Ethereum aspired to be. What challenges lie ahead?
Joe Lubin of ConsenSys on acquiring Quorum: ‘a match made in blockchain heaven’
In a special Forkast.News interview, the CEO who co-founded Ethereum discusses the deal with JPMorgan, DeFi’s rise, and expectations for Ethereum 2.0.
Ep. 27 | YFI soars past bitcoin. ConsenSys acquires JPMorgan’s Quorum blockchain. OMG Network integrates Tether transfers.
Other top news: $50 billion in cryptocurrency leaves China. Severe flooding in Sichuan destroys bitcoin mining farms. DeFi in India.
Ep. 26 | US Fed taps MIT for CBDC research as China intensifies DCEP testing. YAM protocol soars before crashing.
Other top news: USPS explores blockchain for voting. Coinbase offers crypto loans. Huobi launches Global DeFi Alliance.
How close is China’s digital currency DCEP to launching?
As China’s digital currency begins large-scale testing, business giants like Didi and Meituan appear to be signing on. What does China’s central bank say?
Ep. 25 | Bitcoin surges in Hong Kong’s geopolitical storms. China widens DCEP testing. Ethereum Classic’s audacious attacks.
Other top news: Teen accused of masterminding Twitter VIP hack heads to court. Huobi launches DeFi lab. Fintech VC in Singapore and Indonesia.
Binance launches bitcoin-margined perpetual futures
New perpetual contracts — a crypto derivatives product — can be ‘inversed’ and priced in BTC rather than tied to fiat. What does this mean for investors?
Crypto tax in Australia: what investors need to know
Australians can buy bitcoin from post offices and use cryptocurrency in soda vending machines. But are confusing tax policies discouraging wider adoption?
US authorities are taking aim at DeFi. Are crypto loans next?
DeFi crypto lending — a loosely regulated industry that grew by 700% last year — is catching investor attention. What do the IRS and SEC think?
Ep. 24 | Bitcoin riding high again. Philippines enters global CBDC race. Cardano’s Shelley mainnet goes live.
Other top news: China imposes standards for blockchain companies. Huobi launches digital asset custody business. Blockchain VC in the Middle East.
Are US regulators finally warming to crypto and digital assets?
CFTC’s new plans for crypto regulations and OCC permitting banks to be crypto custodians could boost digital asset adoption. What’s next for FATF and SEC?
How Fed-led inflation of USD could be good for bitcoin and digital assets
Covid-driven monetary policies are spurring growing investor interest in crypto assets and derivatives, says Richard Byworth, CEO of Diginex and EQUOS.io.
Diginex announces launch of EQUOS.io, first US-listed digital asset exchange
As US regulators warm to digital assets, Diginex capitalizes on the world’s most mature financial market by launching platform that allows crypto spot trading.
Ep. 23 | Is Ethereum more popular than Bitcoin now? Crypto love comes to K-pop world. SEC-sanctioned crypto firms receive PPP funds.
Other top news: China’s BSN blockchain network expands global reach. US lets major banks act as crypto custodians. VC in India and Singapore.
Lack of regulations and illiquidity are ‘major bottlenecks’ in India’s DeFi market
Regulatory uncertainties over crypto — coupled with Indians’ tendency not to rebel — have prevented decentralized finance from taking off in India despite the unbanked’s tremendous needs, says Siddharth Verma of Nuo Network.
How tokenization via blockchain can digitize assets and open up investment opportunities
Cryptocurrencies are enabling illiquid assets — like real estate, art and even pro athlete contracts — to be tokenized. What does this mean for investors?
Ep. 22 | How Twitter hackers broke into VIP accounts. Are SEC and CFTC targeting DeFi via Abra? BitMEX parent rebrands as 100x Group.
Other top news: InterContinental uses blockchain to prove hotel cleanliness. Beijing plans for blockchain in city services. VC in India and Israel.
UNICEF has invested in 100 startups. Could your blockchain project be no. 101 — and receive funding in crypto?
The UN, which now has a CryptoFund, wants to incubate new technology that would benefit children around the world. Apply now, or help get the word out!
5 ways blockchain can help the world better survive Covid-19 and the next crisis
Management guru Don Tapscott and his son Alex Tapscott — co-authors of the best seller, “Blockchain Revolution” — explain how blockchain’s “internet of value” can transform healthcare, the economy and more.
Could blockchain technology have prevented the Twitter VIP hacks?
Social media platforms like Twitter need more advanced technology, like blockchain, to protect user accounts from attacks, says Voice CEO Salah Zalatimo.
Hyperledger is helping create ‘blockchain with Chinese characteristics’
Brian Behlendorf, a longtime open-source evangelist, discusses China’s adoption of Hyperledger Fabric for its Blockchain Service Network (BSN), blockchain trends to watch, and more.
WEF seeks greater financial inclusion to help poor, Covid-ravaged communities
Sheila Warren, World Economic Forum’s head of blockchain policy, also discusses the growing importance of digital currencies and how America is falling behind.
Ep. 21 | Dogecoin rises on TikTok challenge. Brock Pierce runs for President. CFTC planning more crypto regulations.
Other top news: Alibaba to help Cosco deploy blockchain technology for Chinese shipping industry. Fintech investment in Saudi Arabia.
SEC ‘Crypto Mom’ Hester Peirce: US will lose out in crypto innovations if regulations remain in limbo
The US is gold standard for global financial regulations. But if US does not get its act together over crypto, other nations will emerge as leaders in this growing space.
Astronaut Chris Hadfield on blockchain’s next frontier: nodes in orbit, and settling the moon
The former International Space Station commander also discusses how blockchain can lower space exploration costs, and more. Bonus: advice on enduring Covid and social isolation with grace.
Ep. 20 | OKEx launches in Latin America. Cardano deploys Shelley. Crypto firms R3, IoTeX and iExec join Confidential Computing Consortium.
Other top news: US still dominates blockchain patents globally. First court case in China litigated with blockchain. VC in Indonesia and Singapore.
Q&A: How blockchain is disrupting financial services
Mike Cagney, co-founder of Figure Technologies, explains how blockchain and digital assets are transforming consumer loans, banking, and more.
India remains in a ‘gray zone’ over crypto. Are lawmakers crippling innovation?
Will India ban crypto? Regulatory uncertainty is causing nation to miss out on economic benefits. Smart regulations, says Ripple, may provide a way forward.
Ep. 19 | Will PayPal and Venmo offer crypto trading? FC Barcelona kicks off fan token. USDC ditches Ethereum for Algorand.
Other top news: Chainlink embraced by China’s blockchain network. Could Justin Sun’s infamy outshine TRON 4.0? Fintech in Thailand and Singapore.
Why artificial intelligence is ‘dumb’ and needs more ethical and legal standards
AI’s ‘black box’ is inherently dangerous, and the technology is still a long way from being a solve-all solution, says Oxford researcher David Toman.
Five reasons why India is crying out for a crypto revolution
India could reap greater economic growth, cut down on corruption and more if it adopts a more progressive stance on cryptocurrency. A leading role in Asia is New Delhi’s for the taking.
Seeking a new job? Crypto firms are on a hiring hot streak right now.
Blockchain and cryptocurrency companies are rapidly expanding, and there’s a shortage of talented hires. That makes it a great time to consider a career in crypto.
Will the glare of Justin Sun blind the public to TRON 4.0?
Ahead of the revamped blockchain platform’s July 7 launch, TRON’s flamboyant founder woos fans with gifts. But some netizens find him hard to love.
Predictions and future thinking for this brave new Covid world
What lies ahead for the global economy, US-China geopolitics, emerging markets and sectors like real estate in the next 5 years? GreaterX’s unique focus group — ‘from farmers to a billionaire’ — offers a crystal ball.
Ep. 17 | Will India ban crypto again? VeChain wows Germany. Centrapay and bitcoin vending machines.
Other top news: Chinese high schoolers cram-studying bitcoin mining. Blockchain-powered lotteries in Cambodia. Startups in India, Singapore and UAE.
China’s new DCEP could fast-forward the nation into a cashless society
The rest of the world may worry over the new e-RMB and what it could do to the US dollar. But inside China, will yet another digital payment system even matter? Forkast.News finds out what the laobaixing think.
Distribution strategy may be the key to blockchain adoption
How Visa, M-Pesa and Binance became wildly successful — and why even the greatest technology still requires thinking through how to get your product into the hands of your customers.
How Congress is learning about blockchain, one bit of bitcoin at a time
Covid stimulus needs and China’s new CBDC have heightened interest in digital assets, but US lawmakers are still trying to make sense of new technologies. In an interview with Forkast.News, Perianne Boring of Chamber of Digital Commerce also discusses prospects for a U.S. digital dollar, and more.
Ep. 15 | Is China’s digital RMB ready for prime time? Making the case for a US CBDC. Blockchain comes to Minecraft.
More top news: China exploring blockchain to cure gaming addiction. LG joins Hedera Hashgraph. Startups in Japan, Singapore and the Philippines.
Contrarian wisdom on bitcoin mining. Also: how China’s DCEP could shake up the global financial system.
Adam Traidman of BRD discusses CBDCs in an age of intensifying US-China rivalries, and bitcoin halving’s surprising impact on crypto mining and profits.
Ep. 14 | Was that Satoshi? TRON 4.0 gets lukewarm reception. Blockchain Bill of Rights.
More top news: China pours billions into blockchain and other infrastructure. Ant Financial’s new smart contracts. VC in Singapore and India.
As Covid drives the world toward digital assets, what is the outlook for bitcoin and CBDCs?
Digital currencies will become increasingly common in the economy, with CBDCs as an ‘organic gateway.’ Should we worry about user privacy?
Former banker Mike Novogratz is ‘petrified’ of China’s new state-issued cryptocurrency, and ConsenSys’ Joseph Lubin agrees
Two titans of blockchain discuss China’s DCEP, Covid-inspired technology and more with Forkast.News Editor-in-Chief Angie Lau, in video highlights from Ethereal Summit 2020.
China hopes its new digital currency will internationalize the RMB. When might that day come?
China’s new DCEP — the world’s first major central bank digital currency — just piloted in 4 cities. When it is ready for mass use, could it challenge the US dollar’s hegemony in global trade and finance?
What is China’s new CBDC, and what is it not?
The central bank’s cash-like DCEP sets the stage for China’s next-gen financial infrastructure. Will it threaten the US dollar’s global supremacy? A University of Chicago Booth professor explains.
Ep. 13 | Bitcoin bewitches JK Rowling. A Stellar start for Ukraine’s new CBDC. Investors drag Nvidia back to court over crypto sales.
Other top news: Fintech-friendly policies for Hong Kong-Shenzhen bay area. China makes blockchain jobs more respectable. VC in Singapore and S. Korea.
Magic Leap’s demise is sucking life out of the augmented reality industry
The Covid-battered economy and Magic Leap’s woes are blowing headwinds at the nascent industry. But AR software, ads and mobile platforms offer hope.
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.
Ep. 11 | Crypto surges before bitcoin halving. China taps SenseTime for CBDC rollout. BitMEX shuts out Japan.
Other top news: IBM’s Covid medical supply network. China now has over 1,000 blockchain firms. Startups in Japan, India and Singapore.
How FATF’s anti-money laundering guidelines for cryptocurrency are putting the heat on banks and VASPs
David Jevans, CEO of CipherTrace, explains FATF’s global influence and recent enforcement actions that have proven to be expensive for those caught.
Ep. 10 | Ripple sues YouTube over scam videos. Hong Kong’s first regulator-approved bitcoin fund manager. Hacker messes with dForce.
Other top news: Courier giant YTO forms blockchain logistics lab. 224 more blockchain firms get official thumbs up. VC in Singapore, UK and US.
‘Enormous potential’: institutional investment in cryptos may be boosted by regulator’s approval of Hong Kong’s first bitcoin-tracking fund
Asia’s first regulator-approved digital asset manager opens the door for wider cryptocurrency adoption.
Why central banks are pushing ahead with digital currencies
Central bank digital currencies could change government, the economy, and even society, writes Digivault CEO.
As China’s DCEP approaches launch, Facebook’s Libra pivots
This week has been one where big changes came fast and furious on the opposite sides of the central bank digital currency world. First, alleged screenshots of a mockup of the People’s Bank of China central bank digital currency’s mobile app were published, giving the public a taste of the apparent functionality of the platform […]
Ep. 8 | Reddit crypto awards, Ripple coupling with BoA, blockchain boozes up in China, and more
Also: Dozens of crypto firms sued in 11 class-action lawsuits. Bitcoin mining company Canaan bleeds red ink. Fintech funding in India, and more.
Why invest in Bitcoin when global markets are still a hot Covid mess?
Bitcoin’s tumbling prices during the coronavirus pandemic may be an opportunity to buy the dip.
Why Canaan’s red ink illustrates the big challenges now facing crypto mining
Aside from concerns about mismanagement, what else is causing Canaan to flounder? Forkast.News analyzes Canaan and the many storms — including the Covid economy and the next Bitcoin halving — now rocking the world of crypto mining.