Are crypto e-red packets a thing for the Lunar New Year?
Digital payments are commonplace in Asia, but gifting crypto as lucky money remains niche.
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What is OpenSea and why is everyone talking about it?
OpenSea is the world’s largest open marketplace for NFTs. Find out what’s driving everyone there in this Forkast explainer.
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Regulatory uncertainty has not slowed down India’s crypto sector
With new products and services being launched and international exchanges setting up camp, crypto startups thrive despite the shadow of a crypto ban.
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Kakao’s Klaytn latest to join China’s BSN International
Klaytn, a public blockchain platform under South Korean internet giant Kakao, has joined China’s Blockchain-based Service Network’s (BSN) international infrastructure. Fast facts Klaytn’s joins fellow public blockchains Ethereum, Solana, Tezos and Polkadot in BSN International, to become accessible to the 25,000 developers in the ecosystem. The BSN is a Chinese state-backed project that is split…
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Crypto market suffers mauling as bears go berserk
Top blockchain and crypto news: Market chills make investors shiver. Hacking storm at OpenSea. Has Beijing tamed NFTs?
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SEC wins time to resist crucial document handover to Ripple in XRP lawsuit
A federal judge on Monday has given the U.S. Securities and Exchange Commission (SEC) until Feb. 17 to fight her earlier order to turn over to the defendant Ripple Labs certain sensitive government documents in the agency’s lawsuit alleging the XRP token is an unregistered security. Fast facts Ripple and XRP investors initially believed they…
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China’s BSN names eight partners for its non-crypto NFT platform
China’s state-backed blockchain network disclosed eight platform partners today in line with the soft launch of its non-fungible token (NFT) platform, the BSN-DDC network. Fast facts The auction house Rong Bao Zhai, Hainan International Culture and Artworks Exchange Center — an essential part of China’s free trade port — and EY Blockchain are among the…
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OpenSea NFT marketplace hacked for 332 ETH
OpenSea NFT marketplace has suffered a front-end attack with the exploiter withdrawing 332 ETH (US$800,000), as reported by security and data tracker PeckShield. Fast facts PeckShield noted the issue overnight Asia time, revealing the attacker received 10 ETH from Ethereum mixer TornadoCash, which was then wrapped to wETH to carry out the attack. The non-fungible…
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Crypto market tumbles amid uncertainty over Russia and Ukraine
Bitcoin and Ethereum fall below psychologically important levels as rising uncertainty clouds markets. Is the Fed also depressing crypto’s prospects?
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Fantom overtakes Binance Smart Chain in DeFi TVL
Fantom has overtaken Binance Smart Chain (BSC) to become the third-largest blockchain in decentralized finance (DeFi) as measured by total value locked (TVL), according to DeFiLlama. Fast facts Fantom’s TVL bucked the global crypto market downtrend and increased more than 60% to US$12.2 billion over the past week, as of publishing time. Fantom is an…