Search results: blockchain global

Coinbase launches in Japan while Binance users take legal action

ADDX, a digital securities exchange headquartered in Singapore formerly known iSTOX, has partnered with Investcorp, a Bahrain-based alternative investment management firm to offer a tokenized real estate fund focused on residential properties in the United States, ADDX announced on Thursday. Fast facts Investcorp raised US$150 million for the fund that has invested in five multi-family […]

The largest cryptocurrency exchange in the U.S. has partnered with one of Japan’s largest banks to gain market entry. What does the move say about the Japanese market as the industry is rocked by yet another crypto exchange hack?

Poly Network offers hacker a job meanwhile NFTs support Afghan families

Operating costs and crypto bear market suck up cash after former lottery operator bets on digital assets

Following a few years of inactivity, the Dogecoin Foundation is being reestablished with Ethereum co-founder Vitalik Buterin serving as the organization’s “blockchain and crypto adviser,” according to an announcement posted Tuesday on the foundation’s website. Fast facts Originally founded in 2014, the non-profit organization aims to support the Dogecoin ecosystem and community with a particular […]

Notwithstanding Iron Finance’s collapse, stablecoins can play important roles for consumers and the economy, writes Julian Hosp of Cake DeFi.

HIVE Blockchain Technologies, a Vancouver-headquartered crypto mining company, is buying 1,800 machines from Chinese mining rig maker Bitmain to expand its mining operation. Fast facts HIVE said that it had ordered 1,800 Antminer S19j Pro miners from Bitmain, and the new machines are expected to bring an aggregate hash power of 180 petahash per second, […]

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.

While Delhi goes back and forth over a crypto ban, crypto’s huge growth potential in the world’s second most populous country is captivating American venture capital.

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.

Poly Network recovers assets meanwhile Rario launches cricket NFT platform

Taiwanese VC firm attracts big investors as it bets on future of region and staying-power of NFTs.

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

Accounting and consultancy giant Accenture has become the latest major victim of a ransomware attack. After Accenture initially reported that it had repelled a hacker group named Lockbit, encrypted files belonging to Accenture began to be published today, according to a report by Decrypt. Fast facts An Accenture spokesperson said in a statement: “Through our […]

Top blockchain and crypto news: NFT wave buoys OpenSea. Are dollars and sense a lifeline for Tether? Tencent gets a target on its back.

Poolin, a major mining pool in China, has set sail for America. ‘Large players are all over the U.S. now looking for deals.’

K-pop superstars Brave Girls, Se7en and A.C.E. are among the latest to jump on the non-fungible token bandwagon. Are fans buying it?

Despite speculation that the NFT market is cooling, OpenSea continues to post record transaction volumes, and Hong Kong artists are getting in on the action.

Amid a period of increasing regulatory interest in stablecoins, Circle, the digital payment company that issues USDC, the world’s second-largest stablecoin , has announced plans to become a full-reserve national digital currency bank in the U.S. Fast facts In a company blog post, CEO and co-founder Jeremy Allaire said the company was prepared to operate […]

After hovering aroud the US$35,000 mark through most of June and July, Bitcoin’s price has started rising again this past month. In the past 24 hours, Bitcoin’s price broke US$45,000 for the first time since mid-May amid the market-wide crash from the historic highs in April, according to data from CoinMarketCap. Fast facts Conversely, gold […]

As more crypto companies go public, some are returning to a decentralized business model. ShapeShift CEO Erik Voorhees explains the ethos and reasons why.

Blockchain startup TBCASoft has announced the initial close of its series-B funding round, raising US$25 million from Naver Financial and SoftBank as it aims to tap more commercial growth. Fast facts U.S.-based TBCASoft announced its latest financing round on Wednesday, led by Naver Financial — the fintech arm of Korean internet giant Naver Corp. — […]

As court grants CEO request to obtain info from Binance to bolster defense in SEC lawsuit, Ripple seeks to expand use cases for XRP Ledger.

As blockchain begins to make its way into more consumer applications, decentralized, Ethereum-based music streaming platform Audius has reached 5 million monthly users for the first time, Yahoo! Finance reports. That milestone makes Audius one of the biggest consumer-centric blockchain applications. Fast facts Launched in 2019, Audius boasts approximately 100,000 artists, including big names such […]

Ethereum’s London hard fork sees a smooth launch as the crypto market sends Ether’s price soaring.

Will Google greenlighting US crypto ads, Ethereum’s London upgrade and clearer regulations pave the way for another Ether price rally?

Ethereum upgrade closely watched also India launches e-RUPI voucher

Top blockchain and crypto news: Is Ethereum’s price flatlining on eve of revolution? Uncle Sam wants pay to play. China’s Big Tech toes the line with NFTs.

North America emerges as hardware demand hotspot amid Beijing’s regulatory onslaught against cryptocurrency sector.

ETH rose in a historic run in anticipation of ‘Ethereum halving’ — but dipped on the eve of the London hard fork. Forkast.News asks top cryptocurrency analysts to find out why.

The Ethereum ecosystem is continuing to see strong growth, with institutional capital ‘flooding’ into decentralized finance and decentralized autonomous organizations flourishing.

Hong Kong crypto crime surges as Tencent launches NFT platform.

The DigitalArt4Climate NFT initiative aims to promote art via blockchain technology to inspire environmental activism around the world.

World’s biggest cryptocurrency exchange steps up compliance and cuts product offerings, with a ban in Malaysia and end of lucrative derivatives business in three EU nations.

Matrixport, a Singapore-based digital asset financial services platform, today announced the completion of a series-C funding round, bringing the company’s valuation to more than US$1 billion. Fast facts The funding round was led by partners of DST Global, C Ventures and K3 Ventures, with other investors including Qiming Venture Partners, CE Innovation Capital and Tiger […]

Busan plans digital asset exchange meanwhile Tencent launches digital IOUs.

The global Bitcoin hashrate is now on an uptrend as miners pushed out by China resettle on friendlier shores and resume investing big money in mining equipment.

Busan, the “blockchain city” of South Korea, is in the early stages of building its own platform for digital asset transactions. Fast facts According to Coindesk Korea, Busan city has started setting up detailed plans and strategies in establishing a digital asset exchange. Its plans include building an ecosystem for securities token-based digital asset transactions […]

Wire fraud, including cryptocurrency-related fraud, becomes fastest-growing crime as scams — some even involving China’s digital yuan project — proliferate.

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 […]

Binance CEO CZ confirms that a new executive may lead the organization. Meanwhile, Bitmain spins off one of the world’s largest mining pool Antpool.

Top blockchain and crypto news: Is Amazon taking up BTC? Robinhood’s share sale deserves scrutiny. Did Huobi jump or was it pushed?

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, […]

In an effort to “expand and accelerate innovation around digital asset technology”, Mastercard is launching a new global program to support cryptocurrency startups by giving them access to Mastercard’s business network and technology. Fast facts Announced yesterday, Mastercard’s Start Path program already has signed up seven crypto-related startup companies: GK8, Mintable, Stacs, Supraoracles, Taurus, Uphold […]

Capital increase takes company’s valuation to US$2 billion as it looks to grow customer base, partnerships.

Closure of blockchain business may be related to regulatory concerns, but unlikely to hit crypto industry hard, observers say.

Three blockchain and crypto-related companies have donated hundreds of millions of yuan to China’s Henan Province, which has suffered deadly floods since last week. Fast facts Bitmain, a crypto mining firm was the first to announce a donation of 10 million yuan (US$1.54 million) on July 23 to a charity federation in Zhengzhou, the provincial […]

Valkyrie is among a growing number of asset managers at the SEC’s door, seeking approval to offer a Bitcoin ETF. Will a Bitcoin ETF ever get the green light in the United States?

Despite growing global interest, CBDCs are not all at the same stage of development. Amit Ghosh of R3 explains how countries in Asia are paving the way.

Ping An trials e-CNY while Core Scientific is the next to get on the SPAC train.

ASX, which operates Australia’s stock market, says the custody of cryptocurrency held on centralized exchanges presents a significant cybersecurity risk to investors, and recommends that regulatory action be taken to protect digital assets. It made the comments in a submission to the country’s Senate Select Committee on Australia as a Technology and Financial Center. Fast facts […]

The prospect of a ban on cryptocurrencies has haunted the industry for years, but it appears to be receding as delayed rules give policymakers time to think before they act.

In a special Q&A, Mukaya ‘Tai’ Panich of SCB 10X, the venture arm of Siam Commercial Bank, marvels at decentralized finance innovations. ‘Whatever traditional finance has, there’s a parallel version in DeFi.’

Top blockchain and crypto news: FTX swells to $18 billion valuation. Etherum and Dogecoin disowned by creators. US pols call for Olympics boycott of e-yuan.

Fast-growing FTX just pulled off the largest-ever fundraise for a crypto exchange to date. Will heightened regulatory scrutiny lie in its near future?

As Bitcoin’s carbon footprint continues to make ESG investors uneasy, a new clean-energy crypto mining ETF aims to allay their environmental concerns.

US Senators urge E-CNY ban while Russia woos crypto-miners

Plentiful electricity, cold climate are among drawcards as Chinese mine operators flee crackdown at home.

In a special Q&A, Yale-NUS College professor Andrew Bailey says the world’s oldest cryptocurrency has untapped potential to promote liberty, equality and justice around the world.

E-CNY white paper explains how it will work with physical RMB while Malaysia steamrolls mining rigs.

Central bank in apparent push for adoption ahead of Olympics as it doubles up on warning over non-state cryptocurrencies.

As the world grapples with crypto mining’s carbon footprint, Nischal Shetty of WazirX examines the technical and regulatory solutions.

While the West has first mover advantage in traditional banking, Asia — not wedded to ol infrastructure — now has an edge in the crypto era, says Michael Shaulov of Fireblocks.

Bitcoin interest declines while Rolling Stone gets into NFTs.

Ripple scores major discovery win as judge rules ex-SEC official William Hinman must answer ‘central question’ on Ethereum in the globally-watched case about XRP.

Top blockchain and crypto news: Crypto markets await Bitcoin fund release. USDC issuer opts for the back door. In China, NFT copyrights and wrongs.

Proliferation of copycat non-fungible tokens based on media image sparks fresh concerns over authenticity, creators’ rights.

As issuer Circle prepares to list and China sounds the alarm over speculation, the mood among regulators is mixed, despite stablecoins’ clear appeal to investors.

In the first of a four-part series, Forkast.News looks at how non-fungible tokens may be changing who calls the tune in the recording business.

Soaring BTC and altcoin prices earlier this year drew in new investors, who now worry about the current slump. Will crypto prices rise again, or are modest valuations here to stay?

Ban on branded content covers range of financial services and ‘get-rich-quick’ schemes boosted by influencers with young followings.