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 […]
In anticipation of China Telecom’s new blockchain SIM card project, Director of its Blockchain Research and Development Departments, David Wei Liang, peaks to Angie Lau, Editor-in-Chief of Forkast.News, about the reasoning behind embarking on the project, the product’s uses and implications, and the timeline of its adoption. The time is ripe for telecom companies to […]
WATCH: Why is China’s Central Bank Launching a Digital Currency? Chicago Booth Economist Explains the Impact
Key Highlights “[A central bank’s digital currency is] a huge database using the hash function, chain technology. There’s no distributed ledger portal.” “[The People’s Bank of China] have been working on CBDC for about four years now.” “One of the areas where I really think blockchain could help is on trade finance. When I say […]
Listen to the podcast Full Transcript Angie Lau: Welcome to Word on the Block, the series that takes a deeper dive into the topics we cover right here on Forkast.News. I’m Editor-in-Chief Angie Lau and today we dive into what many are seeing emerging in blockchain, that Asia could soon be taking the lead from […]
In the midst of rising U.S.-China trade war tensions over sanctions against Iranian oil, investors are likely to look to bitcoin and other cryptos as alternative options to traditional stocks and other fiat-driven investments. While uncertainty in traditional markets has benefited the crypto market, volatility remains a substantive issue for investors seeking long-term price stability. […]
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 […]
Key Highlights Hedera Hashgraph will devote capital from the fundraise to grow enterprise sales and double down on regulatory The governing body for Hedera Hashgraph was designed to be distributed and representative of all constituencies from a global perspective Listen to the full podcast version of this interview Transcript of Part IV Liquidity and market. […]
Can blockchain technology help starstruck little guys profit from being superfans of popular e-girls? Joel Stein joins Irene Zhao’s IreneDAO to find out.
Crypto’s volatility may be top of mind right now, but blockchain’s practical uses will be the industry’s future, writes Johannes Schweifer of CoreLedger.
Top blockchain and crypto news: Binance spurns WazirX amid India probe. BlackRock bets on Coinbase. Crypto influencers in China’s crosshairs.
Tezos has become a leading art blockchain, even in China, where NFTs are barely tolerated. Its regional chief, Katherine Ng, explains its success
Top blockchain and crypto news: Filecoin leads in market uptick. CryptoPunks in new glow as Tiffany jewelry. Chinese firms flock to Singapore.
Beijing’s drive to stamp out crypto mining and the slump in crypto prices are headwinds that Canaan says it knows how to deal with, adding that the crypto winter may be shorter than expected.
As the once febrile crypto market cools, it’s time to look again at the enterprise capabilities of blockchain, says the Hyperledger Foundation’s Daniela Barbosa
A lack of certainty over future regulation and a long lockdown in Shanghai are pushing some Chinese Web3 companies to set up shop in Singapore.
Top blockchain and crypto news: SBF’s Voyager rescue deal spurned. Tesla pulls U-turn with BTC sale. Tencent cuts local NFT staff as it looks abroad.
New Bangko Sentral ng Pilipinas Governor Felipe Medalla is no fan of crypto, but in an exclusive interview with Forkast, he said there’s no plan to outlaw the digital asset.
Top blockchain and crypto news: Celsius plunges into Chapter 11. Otherside’s promised land. Mixed picture for Chinese NFTs.
Digital assets are powering new industries, and DeFi will be the financial system of the future internet economy, writes Alex Tapscott in his new book, ‘Digital Asset Revolution.’
Top blockchain and crypto news: Payback time for Mt. Gox investors. USDC issuer strikes back as critics circle. Chinese bank fiasco hits a nerve.
For central bank digital currencies to enhance cross-border payments, issuing institutions must take functionality into account to avoid unintended barriers, a joint report by three international financial bodies says.
SBF’s Alameda Research debt to Voyager emerges. Meanwhile, South Korea agrees to cooperate with the US on Terra-Luna investigation.
Top blockchain and crypto news: Three Arrows target bankruptcy protection. Polium’s Web3 game plan pilloried. China’s tech giants get hands-on with NFTs.
India’s government can’t seem to decide on following China with an outright ban on crypto trading. So is it bent instead on suffocating traders and exchanges with taxes?
Lack of public trust remain a big barrier to crypto adoption, writes Tristan Roozendaal. Here’s why regulators should ‘move fast and break things.’
Top blockchain and crypto news: Three Arrows fallout spreads. BIS calls BS on crypto. Chinese regulatory vacuum chills an NFT platform.
CoinFLEX to solve its liquidity problems by issuing a recovery token. Meanwhile, Singapore’s central bank doubts crypto capabilities.
As traditional finance sector firms continue to seek upside crypto exposure, bringing DeFi yields to TradFi has a bright future, says B2C2’s Phillip Gillespie.
Cryptocurrencies return to the red as inflation in the UK soars. Meanwhile, Sam Bankman-Fried agrees to bail out BlockFi for the second time.