Forkast.News is now Forkast Labs

Blockchain is shooting for the stars in the new Space Age

In the first of a special two-part series, Forkast.News examines how blockchain — from smart contracts to crowdfunding missions — could transform public and private ventures in outer space.

Bitcoin-inspired art ‘Portraits of a Mind’ debuts at Christie’s New York

A giant 40-painting series of blockchain art aims to capture the image and ethos of Satoshi Nakamoto in the source code that he left behind.

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.

Why cryptocurrency exchanges need more regulations to protect investors

Being dodgy about office location and faking volume data are all part of Asian crypto exchanges’ Wild West ethos. What are the alternatives for investors?

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.

US private equity activity takes a walloping due to Covid-19

Deals in mid-size firms that make up the engine of the economy were down as exits were put on pause — but fintech and broader tech sector still shine bright
and

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.

Tencent Cloud continues blockchain expansion with two new platforms

Aside from cross-chain compatibility and scaling, the Shenzhen tech giant is also aiming to resolve data privacy and security issues in healthcare and finance.
and

Ep. 30 | DeFi gets fishier with Sashimiswap. MasterCard stages CBDC cosplay. IRS targets Monero and Bitcoin Lightning Network.

More top news: OKLink offers free cryptocurrency tracker. Trade fair in China introduces blockchain ideas to 20,000 companies.

Esports gambling platform Unikrn settles with SEC for $6.1 million

SEC’s crackdown comes as more states permit online gambling, putting a further squeeze on the company once backed by celebrities like Ashton Kutcher.

How blockchain is reforming the colored gemstone trade, from ‘mine to finger’

Everledger CEO Leanne Kemp explains blockchain’s role in promoting ethical labor and confidence in goods like wine. Are less toxic electric cars next?

How DeFi’s massive 8-fold growth brings scaling, gas fees challenges

In a special interview, Alchemy CEO Nikil Viswanathan discusses blockchain as the next internet, keen interest from investors like Charles Schwab, and the hottest cryptocurrency trend since ICOs.

Space Race miners challenged with rapid network upgrades | Space Race Episode 2

Miners have accumulated over 215 PiB of storage power in Filecoin’s Space Race, but daily updates have been slowing them down.

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.

DeFi is crypto’s latest craze, and it may soon challenge traditional banks

Excessive money printing and near-zero returns on bonds are making investors flock to fancy cryptocurrency derivatives and 8% yields. What’s the catch?

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.

HackFS kickstarts project development in Web 3.0

The end of HackFS signals the start of Space Race as developers prep for the global decentralization of storage nodes in the era of Web 3.0.

Proposed sanctions on SMIC threatens silicon supply for China’s bitcoin miners

Caught in the US-China trade war crossfire, the semiconductor manufacturer’s shares tumbled alongside Beijing’s fading dreams of a domestic silicon supply.

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?

Filecoin’s mainnet aims for the clouds of Web 3.0

Web 2.0 gave users the power to engage with other users and contribute content to the network, but data is still stored in centralized databases. Web 3.0 wants to end all of that.

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?

Why decentralization and democratic governance are blockchain myths

Many blockchain protocols claim to be decentralized, but industry practices show the opposite. Even Bitcoin is largely controlled by a few.

Where in the world are the fintech startups?

Global fintech funding is growing in some surprising areas and signals potential for disruption. Which countries top the list?

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.

How cryptocurrency fuels protests and anti-government movements

As mass demonstrations rock the world, technologies like blockchain, social media and AI are escalating unrest and state crackdowns to the next level.

What is the secret to Conflux Network’s success in China?

Conflux wins rare endorsements from Shanghai and Hunan provincial governments as other blockchain firms struggle for a toehold on the mainland.

What the Twitter hack reveals about the need for digital identity security

Could blockchain technology and decentralized ID verification have prevented all those VIP Twitter accounts from being commandeered for a bitcoin scam?

Journalist Maria Ressa’s ordeal shines light on social media’s dark side

Can blockchain stop the paid trolls, bot armies and floods of fake news that are subverting democracy through sites like Facebook?

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.

Ethereum at the crossroads: Where does the popular blockchain go from here?

As Ethereum moves toward its 2.0 upgrade, here is a reflection on the open-source platform’s transformational impact on the blockchain ecosystem.

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?

Coda Protocol announces new cohort for Genesis token Program

New lightweight protocol nearing mainnet launch says it is distributing six times more tokens than others to attract developers and encourage greater decentralization.

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?

China’s DCEP will be the world’s Sputnik money moment

China’s CBDC — the world’s first major government-issued digital currency — could launch this year. Are we ready for its financial and geopolitical impact?

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?

More pro tips for working from home: 8 software tools and their Web3 cousins for remote teams

Here are our favorite and best-in-class apps for the decentralized work place. Plus, the Web3 dApps that could disrupt them.

Work-from-home tips for managers: How to build and better manage a remote team

In the blockchain world, decentralized workplaces are already the norm. As Covid forces more companies to do the same, here are our pro tips for executives and managers.

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.

Why did SEC-sanctioned crypto companies receive PPP funds for Covid relief?

The $660 billion Paycheck Protection Program — intended to help America’s small businesses survive the pandemic — also gave financial aid to crypto firms accused of fraud, a Forkast.News investigation found.
and

How blockchain can transform telehealth and Covid patient care

Covid is accelerating telemedicine and patient data protection needs. Here’s how digital ledger applications can take healthcare to the next level.

Why 10,000 Antminers disappeared from Bitmain-owned crypto mining farm

Latest salvo in Bitmain’s epic civil war: World’s largest crypto mining equipment maker accuses estranged co-founder of absconding with customers and a big chunk of the world’s hashing power.
and

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?

India’s ongoing battle over cryptocurrency: What is the path forward?

Ripple recently laid out a framework for India to legalize crypto through regulations. But does the Indian government have the incentives and will to do so?

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!
and

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.
and

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.

How Twitter hackers social-engineered their way into VIP accounts to shill for bitcoin

Twitter blames “social engineering” for attacks on the accounts of Joe Biden, Elon Musk, Bill Gates and Barack Obama. What really happened?

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.

Face masks helped tame Covid in Asia. Why is the West in hysterics over masking up?

While Asia is united in masking up, US and Europe remain fractured over face mask use. A viral immunologist and face mask expert explains the deadly consequences.

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.

Release the robots: reinforcements arrive on the Covid-19 battlefield

Robot nurses, machine attendants and cleaning bots are increasingly replacing humans in and out of hospitals, to protect front-line medical staff from deadly infections. Is this a good thing?

Crypto’s new dawn: the future of India’s burgeoning cryptocurrency landscape

India’s cryptocurrency market has vast potential — what’s holding it back? A continued lack of regulatory clarity as well as crypto education, says CoinDCX co-founder Neeraj Khandelwal.

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.

Bitmain drama escalates as co-founder registers new bank account, website

In this chapter in the saga of the troubled mining company, ousted co-founder Micree Zhan establishes new online presence
and

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.

Vast majority of China’s top fintech startups are exploring blockchain

SCMP’s China Internet Report 2020 shows healthy fundraising and investment activity in tech sector despite ravages of Covid and US-China trade war.

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.