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Hong Kong’s new crypto exchange laws will be embraced—with VPNs

Hong Kong SFC lays out plan to regulate cryptocurrency exchanges to allow only institutional money. But retail users likely won’t be deterred.

Ep. 37 | JPMorgan’s JPM Coin goes live. ConsenSys fueling CBDCs worldwide. Is DBS Bank planning a cryptocurrency exchange?

Other top blockchain and cryptocurrency news: Bitcoin paper’s 12th anniversary. New Huawei phone has DCEP wallet. FDA on blockchain and food safety.

TALES FROM THE CRYPT: 10 blockchain and Bitcoin horror stories for the ages

Just in time for Halloween, gather ’round for this blood-curdling crypto news flashback that will have you HODLing a blanket. Beware the death grip on Bitcoin wallets!

Chinese tech titan Jack Ma: digital currencies may be wave of future

Poised for historic IPO, Ant Group reveals via patent filings its business strategies for China’s new DCEP digital yuan — including how it would help enforce government regulations

Ep. 35 | Filecoin launch hits miner turbulence. USDC adds Stellar to rely less on Ethereum. Associated Press to publish US elections data on blockchain.

Other top news: OKEx cryptocurrency exchange freezes services amid police investigation. Investors bet $100 million on ‘neobank’ Razorpay in India

Blockchain VC deals are on the upswing despite Covid-19

PwC and Crunchbase data show cryptocurrency industry M&A deals and venture capital funding already surpassing last year’s volumes, with investments shifting to Asia

Congested Ethereum hosts 96% of DeFi transactions. Who are its up-and-coming competitors?

2020 is banner year for DeFi as industry balloons by over $100 billion in volume from Q2 to Q3 — most of it riding on Ethereum, according to a new report

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.

DeFi with Chinese characteristics? How China may centralize crypto finance

As Wild West DeFi surges to new heights with Chinese capital, China wants to build a separate digital finance network — in its own, tightly controlled image.

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.

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?

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.

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.

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.

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.

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.

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.

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.

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.

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?

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.

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.

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.

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.
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Ep. 18 | Fed chair throws shade at Digital Dollar Project. Ripple elbows in on SWIFT. Compound dethrones MakerDao.

Other top news: China’s new blockchain cross-border payment platform for Hong Kong, Macau and Guangdong. 5G for all in Shenzhen. Fintech VC in India.

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.

Ep. 16 | Bitcoin and Black America. Is Coinbase watching you? Bitmain’s Game of Thrones.

Other top blockchain news: China sounds new warning against crypto. Brave browser brouhaha. Startups in Japan and Malaysia.

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.

Bitmain drama escalates with new threats and use of force. Do customers care?

Game of Thrones at the world’s largest bitcoin mining rig maker culminates, in this week’s episode, with a once-exiled company founder storming and seizing back the corporate castle.
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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?

Famed investor Tim Draper predicts both a digital dollar and Chinese DCEP “will bomb”

In an interview with Forkast.News, the billionaire venture capitalist also discusses globalism, regulatory arbitrage, the future of healthcare and why he thinks bitcoin is king.

China will soon have its first bachelor’s program in blockchain. Why isn’t the talent-starved industry more excited?

Blockchain education conundrum: China wants blockchain growth, but its tech labor supply “quality” falls short of high employer demands. A Forkast.News exclusive report on a new program in Chengdu and clues to what might be holding China back.

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 IRS treats crypto staking: tax issues every crypto investor should know

Crypto tax expert Vamshi Vangapally explains the impact on coins like NEO, Stellar, VeChain, Ontology, Tezos and soon, ETH 2.0.

Ep. 9 | U.S. rethinks ‘digital dollar.’ China’s new national blockchain platform. Is Libra now a stronger rival to China’s CBDC?

Other top news: Bitcoin halving frenzy. New Huawei tech zone. Blockchain company busted for defective face masks. VC in Hong Kong and Canada.

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.

How healthcare uses blockchain to wage a smarter war against the coronavirus pandemic

Distributed ledger technology can help flatten the curve of Covid-19 through telemedicine, supply-chain security, rapid payments and more.

Ep. 6 | New blockchain arsenal to fight Covid-19, Zoom cancels Facebook, coronavirus wipes out Digital Farms, and more

Other top headlines from around the world: Microsoft wants to power mining with brain waves. Crypto exchanges Huobi and OKEx under fire. China shifts to digitally sweep ancestral graves.

Ep. 5 | U.S. weighs digital dollar, Coinbase top lawyer joins Treasury, and more

In this newsletter and podcast, we bring you top headlines around the world, including: A new proposal to create a digital dollar. Coinbase’s legal chief heading U.S. Treasury. A Bitcoin-Red Cross coronavirus fundraiser in Italy. Universal basic income’s revival. Steem’s hard fork into Hive, and more.

Analysis: Are the ‘digital dollars’ in the $2 trillion stimulus plan the first step toward an American CBDC?

Coronavirus’ impact on the U.S. economy might hasten the creation of a digital dollar.

Ep. 3 | Top blockchain news on China, France and S. Korea – and a new Ethereum protocol. What’s next for India?

What’s up with South Korea’s new blockchain regulations? And where is bitcoin now legal tender? (Mai oui!) Other headlines around the world: a storm over STEEM, the new Baseline protocol for privacy, HTC’s Exodus 5G Hub, and how the coronavirus has affected blockchain firms in China.

How bitcoin is helping African migrant workers and their families save money

Blockchain technology now offers hope to radically transform the African remittances industry in favor of migrant workers and their families.

Tech is making Chinese charities more transparent

The modern convenience of Alibaba enables rapid, on-demand consumerism that’s worth tens of billions of dollars. So what if Alibaba — and its competitors — turned the technological might that it used to develop modern Chinese consumerism over to developing modern Chinese charity?

Inside China’s vision to globalize its currency

The central bank’s digital currency efforts, ironically, would give it more control over the economy.

Making it Rain in Bahrain – Joseph Dallago talks Cryptocurrency in the Middle East

What is the world of cryptocurrency like in the Middle East? How does it differ from other markets, and what challenges and opportunities arise from dealing with the industry in that region? Forkast.News Editor-in-Chief Angie Lau sits down with Joseph Dallago, Co-Founder and CEO of Rain, the first Bahrain-based digital currency exchange, in order to […]

Opinion | The Future of Money Isn’t Libra or Chinacoin, it’s Federated

Bank of England Governor Mark Carney recently called for a global digital currency, expressing a desire to move beyond the US dollar hegemony as the world’s reserve currency, but also avoid having another national currency, such as China’s renminbi (or their newly announced digital currency), replace it. While some might point to private sector initiatives such as Libra […]

The Status of Blockchain in Asia, From “China Internet Report” Author, Edith Yeung

Is Asia gaining ground in the technology race? Edith Yeung, advisor at 500 Startups, partner at Proof of Capital, and author of “China Internet Report” (link to new 2019 report below) shares why Asia is the place to be for blockchain adoption. For a VC who spends half her time in Silicon Valley, she recognizes […]

Opinion | Why the Cryptocurrency Exchange Model Is Prime for Disruption

Ever since the discovery of blockchain technology, we’ve heard a lot about inefficient systems that it can fix. From the internet to advertising, healthcare, the voting system, and the supply chain; the list of things that aren’t working optimally is long and laden with overpromises. Blockchain is not a panacea for all the world’s ills, […]

Why AAX Built a Crypto Exchange with London Stock Exchange Technology

Forkast.News Editor-in-Chief Angie Lau sits down with Peter Lin, CEO of AAX at the Mobile World Congress in Shanghai for this episode of “In Conversation With” Lin is about to launch a new digital asset exchange using London Stock Exchange trade-matching technology to provide an institutional grade platform to attract investments from hedge funds and […]

SEC Sues Kik for $100M ICO Raise — Why This Could Change Everything

Key Highlights The Kik case is the first case that the SEC has brought in litigation that has been contested by the company where there are no allegations of fraud “The SEC has made clear that virtually all ICOs are going to be treated as offerings of securities.” Even if a company is offering ICOs […]

QuadrigaCX CEO Dies, Customers Can’t Get Funds: What You Need to Know

Edited June 23, 2019 Key Highlights Dec. 9, 2018 — Gerald Cotten QuadrigaCX CEO dies of complications from Crohn’s disease while in India. Dec. 10, 2018 — Jaipur Police release NOC (No Objection Certificate) to Cotten’s widow, allowing her to return to Canada with the body of her husband. Jan. 2019 — QuadrigaCX announces CEO’s death. It […]

Bitcoin Association of HK: On the Radar for Q1 2019

1. Introducing … JP Morgan Coin? JPMorgan Chase is the largest U.S. bank, sixth largest in the world. It holds over US$2.6 trillion in assets. In the cryptocurrency community its CEO Jamie Dimon is most known for calling Bitcoin a ‘fraud’ and that he’d fire any employee trading Bitcoin for “being stupid.” On February 14, […]