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Ripple recasts embattled XRP as a ‘bridge’ currency for CBDCs

As XRP holders step closer to intervening in SEC’s lawsuit against Ripple, the payment platform gears up to grow its CBDC business with a new white paper.

Chia Network launches eco-friendly blockchain and XCH cryptocurrency

Founded by BitTorrent creator Bram Cohen, Chia Network’s new ‘proof of space and time’ blockchain aims to be a more sustainable alternative to bitcoin.

Japan to start digital yen tests as CBDCs gain momentum across Asia

As central banks in China, Korea, Hong Kong and Thailand ramp up CBDC efforts, Bank of Japan is now planning a proof of concept for a digital currency.

SEC: no duty to warn about XRP; denies Ripple’s fair notice defense

Intensifying its legal warfare against XRP, SEC takes aims at the heart of Ripple’s defense. But Ripple scores wins in Tetragon and YouTube lawsuits.

Jack Dorsey cashing in on NFT frenzy. Ripple turns to CBDCs amid XRP’s legal troubles. Is India rethinking a crypto ban?

Other top blockchain and cryptocurrency news: Ethereum takes up with Amazon, plans gas fee changes. China likely to increase blockchain spending.

Guide to tokens and NFTs: what is ‘tokenization’ and how does it work?

What do tokenized securities and Jack Dorsey’s NFT tweet have in common? In this Forkast.News explainer, learn how crypto tokens are changing the world.

Ripple: SEC did not give fair notice that XRP violated law

In its latest court filing, Ripple also says SEC led market to believe that XRP was not an investment contract. Outside court, Ripple pursues the CBDC business.

Cardano transitions to multi-asset blockchain amid ADA price surge

Cardano blockchain, a so-called ‘Ethereum killer,’ completes its Mary hard fork upgrade as ADA becomes 3rd largest cryptocurrency behind bitcoin and ether.

Major crypto players Coinbase and CoinShares are going public

Despite recent bitcoin and ether price drops, crypto giants Coinbase and CoinShares are betting that investment in digital assets will continue to grow.

NFT mania: Are blockchain art and NBA crypto collectibles a fad or the future?

From Beeple’s digital art to LeBron James video trading cards, non-fungible tokens (NFTs) are transforming the way we create, own and profit from content.

CasperLabs wants to help “morph” China’s BSN into the AWS of blockchain

CEO of CasperLabs, part of the Blockchain Service Network’s China and international versions, gives an insider’s view of blockchain’s future on the mainland.

Will 2021 be a bull year for crypto e-hongbaos?

Red packets are going digital, and e-hongbaos for cryptocurrency are on the rise across Asia this Lunar New Year of the Ox.
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US must embrace digital dollar and cryptocurrency: Blockchain institute report

The Blockchain Research Institute-led report for Biden’s administration also outlines recommendations for crypto regulations and a national blockchain strategy.

Binance Labs invests in Plasm Network to expand Polkadot

Plasm Network, a leading DApps hub on Polkadot and first parachain on its Rococo testnet, secures $2.4 million to build out the growing Polkadot ecosystem.

XRP prices see ‘pump and dump’ as Ripple outlines legal defense strategy

In its response to SEC’s lawsuit, Ripple denies that XRP is a security, points out the clash with FinCEN and questions why SEC is not going after Ethereum.

GameStop copycat rally pumps up Dogecoin, Ripple XRP and other cryptos

Small investors drove up Dogecoin’s price by 1,000% after the GameStop saga, but money quickly left—and then Ripple’s XRP and Stellar prices went up.

Binance report: over 100 million people are now crypto users

About half of cryptocurrency users are hobbyists while 15% consider crypto their primary source of income, according to a survey of 61,000 crypto users.

74% of stablecoins are issued on Ethereum, according to new report

ConsenSys Codefi’s 4Q 2020 report on DeFi trends also predicts more ‘wrapped’ tokens, tranche lending products and Ethereum 2.0 derivatives in 2021.

Is Signal experimenting with Stellar-based cryptocurrency?

Signal, which exploded in popularity after WhatsApp’s privacy stumbles, may be exploring a business strategy pursued by Big Tech. What are the risks?

Janet Yellen clarifies stance, notes ‘benefits of cryptocurrencies and other digital assets’

In written testimony, the US Treasury Secretary-nominee calls digital assets ‘fintech innovations’ and pledges to ‘encourage their use for legitimate activities.’

SEC commissioner Hester Peirce says enforcement is never good way to provide clarity

In her first public remarks since the SEC’s lawsuit against Ripple and exclusive interview with Forkast.News Editor-in-Chief Angie Lau, SEC commissioner and “Crypto Mom” Hester Peirce says the SEC can do better on clarity and that enforcement isn’t always the best way to provide guidance

Crypto Santa’s naughty and nice list for Christmas 2020

Who in blockchain is making the world a better place this year, and who deserves nothing under the tree? Santa’s helpers at Forkast.News tell all.

SEC Plans to Sue Ripple for Securities Violations: Reports

In interviews, the Ripple CEO told Fortune and the Wall Street Journal that the SEC plans to sue the company in the near future for offering unlicensed securities.

Crypto exchange Coinbase is officially going public

As 2020’s bitcoin bull run surges ever higher, Coinbase — America’s largest crypto company — files for an IPO with the SEC.

Proposed US law would require stablecoins to be 1:1 dollar-backed

Are American lawmakers going after Facebook’s Libra, now called Diem? Controversial Tether may be the real target of new stablecoin-restraining bill.

The ultimate guide to crypto holiday gift shopping for 2020

What to buy for loved ones who already have it all? Here’s the Forkast.News guide to blockchain-inspired gifts that will please even the most discerning.

Ethereum’s big transformation arrives with launch of Ethereum 2.0

Coinbase and Huobi now support Eth2 staking as the ‘Beacon Chain’ heart of the new platform goes live. What will happens to users of Ethereum 1.0?

Filecoin explained: Decentralizing cloud storage for Web 3.0

AWS is down again? Protocol Labs’ Filecoin — an ‘Airbnb for cloud storage’ — is a response to the risks inherent in centralized data storage and cloud giants

Ethereum 2.0 now set for December launch after early lukewarm reception

ETH 2.0 raises over $300 million from over 16,300 participants, putting it on track for release next week after whales make big investments in the last minute.

Hong Kong and now Australia heating up global digital currency race

China’s DCEP digital yuan and new US interest in digital dollar are fueling sense of urgency on CBDCs — as blockchain firm ConsenSys paves the way.

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

What’s up with Filecoin and the uproar over its miners?

Miners’ complaints with economic model are resulting in early rewards release and falling FIL prices. What happened to 800,000 coins?

Blockchain and Space Law 3.0: How smart contracts can help govern the moon and outer space

As nations and private firms venture farther into the galaxy, blockchain and distributed ledger technology could help enforce rules and resolve conflicts.

China pushes 50,000 people to spend DCEP right away, in biggest test yet of new digital currency

China advances its new e-RMB closer to launch after distributing to Shenzhen residents 10 million yuan in digital ‘red packets’ that will expire next week

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.

Trump’s Covid ills are infecting cryptocurrency betting markets

Are US presidential candidate futures an accurate gauge of public opinion? Cryptocurrency exchange FTX’s TRUMP and BIDEN prices offer clues.

Cryptocurrency futures give thumbs down to Trump’s debate performance

FTX cryptocurrency traders are dumping TRUMP after the first US presidential debate, a raucous affair punctuated by insults and interruptions.

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.

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.”

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.

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. 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.

Ep. 19 | Will PayPal and Venmo offer crypto trading? FC Barcelona kicks off fan token. USDC ditches Ethereum for Algorand.

Other top news: Chainlink embraced by China’s blockchain network. Could Justin Sun’s infamy outshine TRON 4.0? Fintech in Thailand and Singapore.

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.

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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Ep. 14 | Was that Satoshi? TRON 4.0 gets lukewarm reception. Blockchain Bill of Rights.

More top news: China pours billions into blockchain and other infrastructure. Ant Financial’s new smart contracts. VC in Singapore and India.

How China hot-housed a new technology and 35,000 ‘blockchain’ companies bloomed

China is trying to grow its blockchain industry, but are all these startups for real? Forkast.News dives into the data to find the truth behind the numbers.

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.

Going for gold amid coronavirus recession fears

Gold bars are unwieldy. Gold futures and ETFs carry risks. Can gold-backed crypto, or tokenized gold, be a safer hedge during the current market tumult?

Tokenized gold: smart investment as coronavirus fuels economic turmoil?

Coronavirus fears are sending markets tumbling. Could tokenized gold, or gold-backed crypto, be the next-generation investment in times of economic trouble?

Binance’s corporate registration in China lapsed in 2018

The crypto exchange has a presence in China, but not an official registration.
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WATCH: Balancing Innovation and Regulation in Blockchain: Ronald Tucker

Ron Tucker, Founder and Chair of the Australian Digital Commerce Association, describes his long-running involvement in the industry and the reasoning behind his faith in the technology. As the head of a crypto exchange, Tucker has been involved in navigating and advising the regulatory steps that institutions such as FATF are taking. Contrary to concern about these new policies stymying the growth of the industry, Tucker asserts that the regulation is necessary in providing a safe environment for cryptocurrency to grow.

BOE Governor Says Global Digital Currency Should Replace the US Dollar – Rabobank’s Michael Every Breaks It Down

In this last week, Bank of England Governor Mark Carney made waves in the crypto industry by espousing, as a pillar of traditional banking, an alternative to the very system he heads. At a speech in the U.S., Carney put forward the idea of a “synthetic hegemony currency” – in other words, a central bank-banked […]

LISTEN: Pegging Cryptocurrency to the Global Economy Growth?

Key Highlights There is a huge demand [for stablecoins] out there. When we look at the global economy, we’re suffering as a result of the US-China trade wars. The trade fluctuations this year have been defined by this growing tension between the US and China. Stablecoins are something that people inevitably will look at. We’ve […]

No Permission Needed — How Arthur Hayes, BitMEX CEO, is Self-Made with a Multi-Billion Dollar Trading Platform

In a candid conversation, Co-Founder and CEO of BitMEX Arthur Hayes defends why BitMEX is set up in Seychelles, the promise of blockchain for everyone, why ICOs are not a problem, and why his industry is not a “scam.” This self-proclaimed “economics-history nerd” and former Deutsche Bank banker, who joined then lost his job at […]

In Conversation with Charles Hoskinson (Full Interview)

Key Highlights Open-sourced platforms face bottlenecks In a truly decentralized community where there is no direction or leading voice, it can be difficult to gain consensus and make progress; establishing governance for a more disciplined and coordinated team can quicken decision-making and maintain quality Creating a bridge between centralized and open-source blockchain is a critical […]

From Africa to Asia, What does Global Growth Look Like for Cardano? (Part V)

Key Highlights Cardano is now looking at Vietnam, Cambodia, Malaysia, and Indonesia for expansion Hoskinson is thinking about Samsung S10, digital identity, and how to manage a public-private key pair for cryptocurrency Listen to the full podcast version of this interview Transcript of Part V At Cardano, you’re moving towards shaping that part of the […]

In Conversation with Charles Hoskinson, Co-Founder of Ethereum and IOHK

How the race to get billions of users onto blockchain has this mathematician thinking about the future of work. Could decentralization be the one thing that actually binds us together. Charles Hoskinson sits down with Angie Lau, in Hong Kong a week after Hong Kong Blockchain Week and shares his vision of how 2019 will […]

LISTEN: Are We Ready for Cryptocurrencies as an Alternative Asset Class?

Key Highlights As a non-sovereign, decentralized, and digitally native asset, Bitcoin has a strong value proposition to hedge against any risk of a major currency devaluation Cryptocurrency is censorship-resistant; it’s accessible to everyone, and anyone can acquire it, making it powerful for long-term wealth storage for both companies and individual Quantitative easing and the Federal […]

Investors May Flock to Crypto as Central Banks Back Off Interest Rate Hikes

For investors, risk assets appear more attractive, at least in the near-term, as global central banks walk back plans to raise interest rates. The Federal Reserve’s dovish pivot in recent months has fueled a rebound in stocks. Although some people remain skeptical of the recent rally, investors don’t seem to have many alternatives given the […]