How fractionalized NFTs could be the next frontier of investing

Where is the NFT market headed, and has the bubble burst? Consider a world where any asset could be tokenized and sold fractionally to investors.

Ethereum and Dogecoin prices skyrocket. Andreessen Horowitz’s crypto talent search. Mastercard wants in on CBDCs.

Other top blockchain and cryptocurrency news: S&P Dow Jones launches Bitcoin and Ethereum indices. Will China crack down on more crypto miners?

Dogecoin keeps on barking; Mining for Chia heats up | The Daily Forkast

Dogecoin breaks another ATH while Chinese electronics vendors say that Chia is the hottest mining project in the mainland.

How Uniswap V3 and smartBCH seek to streamline DeFi, save on gas

The days of ‘DeFi’ being an insider buzzword are over. But gas fees remain high and the road bumpy. Will Uniswap V3 and smartBCH change anything?

Dogecoin price jumps to new ATH with Gemini support for DOGE

Dogecoin’s price is now at an all-time high of 69 cents, and the joke crypto is now bigger than Ford and Nintendo. Are DOGE investors high on Gemini?

5 US digital dollar pilots launching to chase China’s CBDC lead

The private sector-led Digital Dollar Project is planning CBDC pilots for the US. How are central bank digital currency efforts and progress different in Asia?

South Korean banks set to serve crypto; Chia drives SSD shortage | The Daily Forkast

South Korea’s Kookmin bank sets up an KODA — an OTC and custody service for institutional investors. Chia is the latest mining craze.

China’s banks unveil ATM for foreigners to use digital yuan

China’s DCEP digital currency, not yet officially launched, take another leap forward with unveiling of prototype ATMs that convert foreign money to e-CNY.

SEC tries to block XRP holders from joining SEC v. Ripple lawsuit

In new court filings, the SEC says allowing XRP holders’ to join SEC v. Ripple lawsuit as third-party defendant would cause delays and ‘sow chaos.’

As DeFi swells past US$140 billion, FATF stokes worries over KYC/AML

Fast-growing DeFi — still a largely unregulated industry — gives FATF an earful over its proposed ‘travel rule’ and expanded anti-money laundering rules.

Dogecoin price flies to moon on eToro listing and Elon Musk for rocket fuel

DOGE fans push Dogecoin price to all-time high (ATH) after eToro lists the joke coin for 20 million users, days before ‘Dogefather’ Musk appears on SNL.

Ethereum breaks new records; South Korea split on crypto tax | The Daily Forkast

As Ethereum continues to soar to new all-time highs, South Korean crypto investors express mix sentiments on crypto tax.

XRP prices steady after court hearing, Ripple releases $1.6 billion XRP

XRP is up 600% since the start of the year and its holding steady as Ripple released one billion XRP over the weekend.

Ethereum prices soar over $3,200, making Vitalik Buterin a billionaire

As ETH prices hit a new ATH and continue to the moon, Ethereum’s visionary creator Vitalik Buterin becomes the youngest ever crypto billionaire.

Why Binance stock tokens are drawing regulatory scrutiny

Are Binance stock tokens in Tesla, Coinbase and Apple mere tokens or company shares by a different name? Securities regulators are taking a close look.

Singapore’s DBS Bank reports US$60 million crypto under custody

DBS Bank says it has over US$60 million in crypto under custody and plans to expand trading hours to 24/7.

DBS digital asset exchange performance; Cardano connects Africa online | The Daily Forkast

120 investors join DBS bank’s digital assets exchange in Q1 as Cardano looks to enable Sub-Saharan Africa with decentralized identities

Why more big investors are now seeking interest and yields in DeFi

As corporations plow billions into Bitcoin, a new business model involving decentralized finance is emerging for investors, says Alessio Quaglini of Hex Trust.

How open DeFi markets in Southeast Asia can drive financial inclusion

The ASEAN region has 290 million unbanked, and only 18% have access to credit. Here’s how decentralized finance (DeFi) can lift lives via mobile phones.

China’s crypto miners make hard choices to meet climate goals

With Inner Mongolia banning crypto-mining and Xinjiang expected to soon follow, China’s crypto miners are turning to green energy or moving overseas.

JPMorgan, DBS Bank and Temasek partner on ‘game-changer’ blockchain for payments

JPMorgan, DBS Bank and Temasek jointly form a new company, Partior, to develop a blockchain platform for cross-border payments and settlements.

Binance and Huobi stablecoins surge as Asia seeks fiat alternatives

Binance’s BUSD and Huobi’s HUSD dominated their stablecoin rivals in the first three months of this year. Why is Asia hungry for alternatives to fiat?

Stablecoin rush breaks out; JPM, DBS and Temasek launch Partior | The Daily Forkast

JPMorgan, DBS and Temasek launch Partior to digitize commercial money as stablecoin transaction volume surge in Asia-centric exchanges.

Ripple demands SEC to stop obtaining info on XRP dealings abroad

Ripple asks court to stop SEC from using MOU requests to get info on XRP from overseas regulators and pushes for access to SEC’s internal communications.

How to balance crypto investor protection and innovation in Hong Kong

US and Singapore have licensing laws that give investors more confidence in crypto firms. Stephen Richardson of Fireblocks urges Hong Kong to follow suit.

Tesla earnings soar from Bitcoin. PancakeSwap eclipses Ethereum. Coinbase delays Tether USDT listing.

Other top blockchain and crypto news: China’s internet giants JD.com and Ant Group reveal extent of digital yuan support. Turkey rethinks crypto ban.

Japan sees record crypto deposits, nearly 7 times more than last year

Japan’s regulated crypto trading breaks new records in a land known to be the world’s most crypto-averse. Is the tide turning for crypto adoption in Japan?

Nexon bags $100 million in Bitcoin; Inner Mongolia crypto mining exodus | The Daily Forkast

Nexon added 1,717 Bitcoins into its corporate treasury while deadline for Inner Mongolia’s closure of crypto mining operations approaches.

The NFT revolution is underway, and here’s what our future will look like

More than selling art and basketball mementos in a new way, NFTs can also transform copyright enforcement, royalties, real estate and financial markets.

PancakeSwap and controversial SafeMoon turbo boost BSC past Ethereum

Is Binance Smart Chain’s meteoric rise from PancakeSwap and cryptocurrency SafeMoon sustainable, and is an ‘Ethereum killer’ now finally closer to reality?

Binance dives into NFT; S.Korea’s FSC checks staff for crypto trading | The Daily Forkast

Binance announces its upcoming launch of an NFT marketplace while South Korean regulator asks staff to disclose personal crypto investments.

World’s largest crypto exchange Binance to launch NFT market in June

Binance, the crypto exchange with more than 50 million users around the world, wants a piece of the fast-growing NFT minting, trading and auction business.

How blockchain technology can improve trust in democratic elections

Loss of faith in elections may be at an all-time high around the world. Here is how blockchain voting and decentralization can restore public trust.

Internet giants JD.com and Ant Group deepen support for China’s digital yuan

China intensifies its nationwide digital currency testing via JD.com paying employee salaries in digital yuan and Ant Group’s MYbank offering e-yuan services.

Solana prices surge amid crypto crash as market seeks lower gas fees

Solana blockchain — a rising alternative to Ethereum for DeFi and NFTs — hit an all-time high this week while other cryptocurrencies stagnated. How come?

Ant Group shares exclusive database tech to grow China’s CBDC | The Daily Forkast

China’s internet giant Ant Group shares its OceanBase database for the e-CNY project. More investors try out DeFi platform PancakeSwap.

As Coinbase Pro adds USDT, Tether execs balk at continued scrutiny

Tether’s battle with New York may be resolved for now, but legal obligations have company on the defensive. Is Tether’s USDT regulated or just registered?

SEC sought info on Ripple and XRP from 20 foreign entities, including trading platforms

SEC says info on Ripple and XRP transactions overseas is important to lawsuit. But of the nine foreign regulators the SEC asked, two refused to help.

Taiwan set to roll out new AML regulations for crypto exchanges

Taiwan has enacted anti-money laundering regulations for cryptocurrency exchanges effective July 1. What will this mean for Taiwan’s growing crypto scene?

R3 Corda helping Thailand’s case for international trade dark horse

Thailand’s crypto adoption is often overlooked, but one of its largest commercial banks has been leveraging permissioned blockchain Corda of R3 to digitize trade finance in the Fourth Industrial Revolution.

South Korean cryptocurrency industry claps back; Bitcoin’s nosedive | The Daily Forkast

Crypto investors in South Korea stir petitions to unseat the nation’s financial watchdog chief for his anti-crypto remarks.

SEC seeks to knock out Ripple defense, says no duty to warn over XRP

In a new legal filing, the SEC asks court to dismiss Ripple’s ‘lack of due process and fair notice’ defense that the XRP token could be deemed a security.

FastForkast headlines

NYDG-FIS partnership allows lenders to offer Bitcoin banking

New York Giants ink partnership deal with Grayscale

South Korea to impose 20% capital gains tax on crypto in 2022

Crypto demand grows in Australia as rich families seek investment edge

Nokia unveils blockchain-enabled marketplace for monetizing data exchange, analysis

Indian banks, payment gateways reportedly blocking crypto transactions

Boxer Tyson Fury teams up with HoDooi to sell NFTs

INX completes $125M SEC- approved token IPO

Over 800 limited edition Star Wars collectibles in NFTs

Spanish health care group Biziondo to accept Bitcoin payments

NFTs shake up Asian art scene

DCG to buy $750M in GBTC

Binance Coin market cap hits new ATH, surpasses $100B

Digital dollar: Binance CEO warns of CBDC drawbacks

Mastercard survey: growing number of consumers eye crypto for shopping

Former US Treasurer joins Ripple board, Kristina Campbell is new CFO

Spanish healthcare group Biziondo to accept Bitcoin payments

Argentina looks to crypto shelter amidst inflation turmoil

What could be the ‘greatest inhibitor’ to Dogecoin’s growth?

Intel and Microsoft form partnership to combat cryptojacking attacks

German regulators could fine Binance heavily

Crypto mining farms under investigation in Beijing

Report: Miners hold on to their Bitcoin much tighter than in January

‘We should have bought Bitcoin, not gold’ — BNY Mellon fund

FinTech group: ‘digital footprints’ could help underbanked Philippines

Thailand tightens grip on cryptocurrency, increases KYC requirements

Vietnam faces hard drive shortage due to Chia mining craze in China

Singapore’s US$31 million RegTech grant to boost crypto compliance

Turkey’s Thodex exchange fraud case yields six new suspects

Binance Charity Fund donates to India’s COVID-19 fight