Is Elon Musk’s Twitter grab good for crypto?

Top blockchain and crypto news: Tweet dreams come true for world’s richest man. Instagram scam hits Bored Apes. Bilibili tests China’s NFT boundaries.

Elon Musk is buying Twitter to colonize our headspace and send his pet DOGE to the moon

Elon Musk’s Twitter takeover isn’t really about free speech, writes Ben Armstrong, aka BitBoy Crypto. It’s an attempt to push you out of Bitcoin and sell your data.

‘Voice of April’ NFTs highlight Shanghai’s struggles amid harsh lockdown

As many as 600 NFTs featuring a montage of audio calls and complaints made by Shanghai residents as they interacted with medical staff and neighborhood compound managers have appeared on OpenSea.

DOGE jumps on Twitter deal; Australian crypto ETFs delay

Dogecoin skyrockets as Elon Musk’s Twitter deal finalizes. Meanwhile, a Korean music platform registers NFTs patent.

Launch of three crypto ETFs in Australia delayed

After being on track to beat the US to the launch of a Bitcoin spot ETF, the delay is likely to undermine Australia’s desire to emerge as a top destination for digital assets in the developed world.

NFTs are leveling up gaming and not all about money

NFT in gaming is not only for play-to-earn, writes Nicholas Douzinas of Ajuna Network. It should also be fun and foster human connections.

What is Axie Infinity and how is it ushering in gaming 3.0?

Axie Infinity is a blockchain-based game that rewards players with cryptocurrencies and NFTs. Learn all about how Axie Infinity is creating a play-to-earn revolution in this Forkast explainer.

Binance makes Russia denial; CoinDCX talk future plans

Binance categorically denies sharing client data with Russia. Meanwhile, Chinese officials push for e-CNY use at the Asian Games.

CoinDCX double downs as the going gets tough in India

CoinDCX cofounder Sumit Gupta tells Forkast in an exclusive interview the crypto exchange that recently raised US$135 million will look to triple its headcount by the end of the year.

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.

Crypto industry looks to the UAE; Crypto’s environmental concerns

More crypto players are eyeing the UAE as a hub. Meanwhile, a mysterious map sends Pudgy Penguin NFTs skyrocketing.

A fast one from down under: Australia approves BTC, ETH ETFs

While the cryptocurrency industry continues to wait with bated breath for a spot-traded Bitcoin exchange-traded fund (ETF) to be approved in the U.S., three separate crypto funds were given the green light in Australia this week.  Australia’s ETFS Management (AUS) Ltd., or ETF Securities, launched a Bitcoin and an Ethereum fund, in partnership with Switzerland-based […]

Dubai could be crypto’s promised land, Citi says

Dubai and neighboring Abu Dhabi have been on a tear when it comes to crypto service providers moving the core of their operations there.

Be kind, rewind! South Korea’s Cyworld is back in Web 3.0 avatar

Time to dust off your Dotori. The social media platform that once reigned in South Korea is trying to make a grand comeback with in-game crypto, NFTs and the metaverse.

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.

US sanctions Bitriver; Apecoin steals Doge’s thunder

A Russian crypto miner has been added to the US Sanctions list. Meanwhile, Dogecoin underperforms as Apecoin storms ahead.

NFT marketplaces responsible for keeping fakes out, Chinese court rules

Under Chinese copyright law, the court ruled a marketplace’s failure to ensure the uniqueness of an NFT constituted aiding infringement.

Caught between a rock and a hard place, Singapore tightens crypto oversight

A desire to stay in line with global anti-money laundering and anti-terrorism norms is forcing the city state’s hand when it comes to regulating cryptocurrency exchanges.

Australia to list crypto spot ETFs; WazirX founders leave India

Bitcoin and Ethereum ETFs are coming to Australia. Meanwhile, Dogecoin Day has fans hyped.

World Bank rescue package throws lifeline to crypto markets

Top blockchain and crypto news: Crisis response brings crypto relief. North Korea’s Lazarus Group named in Ronin hack. NFTs face new risks in China.

Will the dog have its day on Doge Day?

Holders of the world’s leading memecoin are hoping for a repeat of 2021 where a community effort helped propel the token’s price into the stratosphere. But one industry watcher says the market is a very different place now.

Why blockchain bridges have become DeFi’s Achilles heel

In the short history of DeFi, bridge hacks have accounted for an enormous amount of stolen funds, writes Joshua Tobkin. What can stop these attacks?

US says North Korea behind Ronin hack; Binance closer to Thai business

US authorities says North Korea is responsible for Ronin hack. Meanwhile, Binance and Gulf Energy initiate joint venture.

FastForkast headlines

Hong Kong flirts with e-HKD as it talks of marriage with e-CNY

More than US$500 mln of crypto longs liquidated so far this week

China expands digital yuan trial to cover tax, social security, toll gates

New York State Assembly votes to pause crypto mining

Kraken gets Abu Dhabi nod to offer full services in MENA

New US$1B crypto fund lands backing from a16z, Solana founders

Binance launches crypto card for Ukrainian refugees

Almost 60% of Bitcoin mining now on sustainable energy: BMC

US charges two Europeans with helping N.Korea evade sanctions with crypto

Binance may set up shop in G-7 country in Europe, says founder CZ

55,000 Meta Cricket League NFTs sell out in nine minutes

Fireblocks provides institutional investors access to Terra DeFi

Bitcoin, stocks fall as US dollar hits two-year high; Doge concedes top 10

Fidelity allows retirement investments in Bitcoin

Zombie Zoo Keeper, Pen-Pineapple-Apple-Pen maker team up for PikoZoo NFT

Bored Apes Instagram hack nets millions in stolen NFTs

S.Korean music sharing platform to use NFTs for copyright protection

BlockBar and Monkey Shoulder partner for BAYC exclusive NFTs

University of the Philippines Twitter account hacked to promote NFT drop

Chinese streaming service Bilibili enables NFT transfers

Indian farmers’ protest NFTs find no takers on OpenSea

Twitter accepts Musk’s US$44B bid, sends Dogecoin to crypto top 10

Indian banks ask for clarity on use of UPI for crypto assets

OCBC Bank joins MVGX in push to help firms go carbon neutral

Grayscale fancies SEC green light for Bitcoin spot ETF

China’s sports brand Li Ning to showcase Bored Ape Yacht Club

Axie Infinity hack proceeds continue to be laundered despite US sanctions

Cryptocurrency investors in South Korea catch a break on ‘Travel Rule’

Hangzhou races to showcase digital yuan at Asian Games

Hong Kong’s subway operator plans virtual station in metaverse

Pudgy Penguins’ NFT sales surge 500% on mystery map

Binance hires former British regulator for compliance role

South Korea approves fifth cash-to-crypto exchange

Terra inspires Tron to pursue US$10B in crypto-backed stablecoin

Experts cut Bitcoin’s 2022 price outlook to slightly less bullish: report

Coinbase’s NFT market enters beta for select customers

Shiba Inu, Dogecoin payments accepted by Porsche Baltimore dealership

Binance.US pulls out of Blockchain Association, sets up own influence lobby

Ashton Kutcher, Mark Cuban-backed startup sells autographs as NFTs

Russian crypto miner Bitriver added to US sanctions list

Monkey eats dog, ApeCoin shines on Dogecoin’s big day

Alibaba extends NFT reach with its food delivery arm

Robinhood to acquire UK crypto app Ziglu in Europe expansion

S.Korea eyes restraints on crypto unicorn Dunamu over monopoly concerns

India’s WazirX cofounders move to Dubai

Binance.US wins license in Puerto Rico to fuel growth

Bitcoin and Ethereum spot ETFs landing in Australia next week

KuCoin launches $100 mln fund for NFT projects