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Bitcoin and Ethereum edged down again in Monday afternoon trading in Asia, after both posted sharp declines on Friday and had a bit of a rollercoaster over the weekend that drove most other tokens lower. Dogecoin was the biggest mover today among the top 10 coins by market capitalization and logged a 3.09% fall in […]

Not every NFT collection is facing the same issue, but due to the collection’s outsized influence it could have a significant impact on the rest of the Ethereum NFT ecosystem.

The largest Ethereum mining pool, Ethermine, stopped processing transactions from crypto mixer Tornado Cash-related addresses around Aug. 11, according to crypto analyst @takenstheorem. See related article:  U.S. Treasury overstepping authority in Tornado Cash sanction, says advocacy group Coin Center Fast facts See related article: Ronin hack proceeds seen headed to Tornado Cash

The percentage of stablecoin USD Coin (USDC) supply held by the top 1% addresses dropped to a 22-month low on Monday, while USDC average trading volume in seven days surged to an all-time high on the same day, according to crypto data dashboard Glassnode. See related article: Vitalik Buterin says he used Tornado Cash to […]

Bitcoin fell below US$22,000 in Friday afternoon trading in Asia as investors after a nervous week seemed to be trimming portfolios ahead of the weekend. Ethereum fell back despite the buzz around its upcoming blockchain Merge. Cardano, Solana, Dogecoin and Polkadot dropped over 10% in the past 24 hours. See related article: Bitcoin, Ether fall […]

The New York-based crypto exchange said its staking service will allow customers to stake their cryptocurrencies and receive rewards within their Gemini account.  See related article: Gemini sued over US$36 mln Bitcoin and Ethereum hack Fast facts Gemini Staking will be available for users across the U.S. (excluding New York), Singapore, and Hong Kong, the […]

ETHPoW, the token that will run on a potential Ethereum PoW fork, fell to an all-time low of US$50.36 on Thursday, down 64% from its Aug. 2 peak, according to CoinMarketCap.  See related article: Chandler Guo tells why he is the man who would hard fork Ethereum Fast facts The ETHPoW token is currently only […]

CME Group – the world’s biggest operator of financial derivative markets, including the Chicago Mercantile Exchange –  on Wednesday said it will offer options on Ether futures starting Sept. 12, pending regulatory review. See related article: New US crypto bill seeks to make CFTC top Bitcoin, Ethereum watchdog Fast facts See related article: ETH futures […]

Bitcoin and Ether continued their weekly slide, while all other top 10 cryptocurrencies by market capitalization fell in Friday morning trading in Asia. The world’s number one cryptocurrency fell below US$23,000 for the first time in over a week. Investors remain tentative about macroeconomic trends – inflation and interest rates in the U.S. and a […]

Tether Holdings Limited, the issuer of USDT, the world’s largest stablecoin by market capitalization, has roped in accounting firm BDO Italia for its regular reports of USDT reserves. See related article: Tether says USDT reserves have no Chinese commercial paper Fast facts Tether said in a statement shared with Forkast that it began working with […]

European Union (EU) banks with exposure to highly volatile cryptocurrencies like Bitcoin should face higher capital requirements, according to a proposed amendment to a European financial services law.  See related article: Bitcoin miner Stronghold to return mining rigs to cut debt; shares plunge as losses widen Fast facts Crypto assets like Bitcoin, which are considered […]

Responding to a hypothetical scenario on Twitter, Coinbase CEO Brian Armstrong said that the company would shut down its Ethereum staking services to preserve the blockchain network’s integrity, in the event of a regulatory crackdown. See related article: BlackRock, Coinbase partner to extend crypto trading to institutional investors Fast facts The hypothetical question was posted […]

Bitcoin and Ether traded lower in Thursday afternoon trading in Asia. Solana saw the largest fall among the top 10 tokens by market capitalization, followed by Dogecoin. Asia equity markets were softer after minutes from the U.S. Federal Open Market Committee showed Fed Reserve officials saw little sign of inflation slowing. See related article: Markets: […]

The decentralized finance sector is now a fraction of its former self. What will help companies survive this bear market and emerge stronger?

Bitcoin and Ether fell in Thursday morning trading in Asia, along with all other cryptocurrencies on the top 10 list by capitalization, with the exception of XRP.  U.S. equities were weaker overnight as Federal Open Market Committee minutes released on Wednesday indicated interest rates in the U.S. will continue rising until inflation is brought under […]

Bitcoin and Ether fell amid a mixed performance from the rest of the tokens in the top 10 by market capitalization on Wednesday morning in Asia. Leading memecoin Dogecoin outpaced the rest on the list, continuing its recent price run-up that took it back into the top 10. See related article: Markets: Bitcoin, Ether fall […]

The U.S. Treasury may have overstepped its legal authority by sanctioning cryptocurrency mixer Tornado Cash, said crypto advocacy group Coin Center. See related article: Circle freezes smart contract addresses linked to blacklisted Tornado Cash Fast facts See related article: Ronin hack proceeds seen headed to Tornado Cash

Bitcoin and Ether fell along with most other cryptocurrencies on the top 10 list by market capitalization as concerns spread across capital markets about the housing slump in China, where real estate prices have fallen for 11 months and threaten to undermine the world’s second largest economy. See related article: Markets: Bitcoin, Ether fall; memecoins […]

Virtual worlds currently exist in silos, and there is no easy way to communicate between ecosystems — which limits their value, writes Witek Radomski of Enjin.

Bitcoin outflows totaled US$21 million, bringing month-to-date outflows to US$29 million, even as short-Bitcoin positions witnessed minor inflows of US$2.6 million, according to digital asset manager CoinShares. See related article: Markets: Bitcoin, Ether fall; memecoins lose steam, BNB edges higher Fast facts Investors pulled out US$17 million from digital asset investment products last week, James […]

Bitcoin and Ether fell along with most other tokens in the top 10 by market capitalization on Tuesday morning in Asia. Memecoins also lost ground after a recent run-up. See related article: Markets: Bitcoin, Ether, DOGE fall amid slowing activity in China, SHIB edges up Fast facts Bitcoin traded at US$24,136 at 8 a.m. in […]

Bitcoin and Ethereum

Australia’s retirement fund industry, the world’s fifth largest at US$2.3 trillion, is one future target for investment funds offering cryptocurrencies.

Bitcoin and Ethereum fell in late evening trade in Hong Kong as appetite for risk assets tapered in the wake of data showing that China’s economic activity slowed across the board in July. Dogecoin (DOGE) reversed gains from the morning, while Shiba Inu token (SHIB) edged up. See related article: Markets: Bitcoin little changed, Ether […]

Ethereum futures contracts open interest reached an eight-month high of over US$3.1 billion on Binance on Sunday, Glassnode said on Twitter. See related article: Markets: Bitcoin little changed, Ether dips below $2,000, Memecoins surge Fast facts See related article: Privacy protocol Monero completes upgrade to make transactions more private

Bitcoin flirted with US$25,000 over the weekend while Ethereum broke through the US$2,000 barrier before both lost steam in early trading in Asia on Monday. Leading “memecoin” tokens Dogecoin (DOGE) and Shiba Inu token (SHIB) jumped, with DOGE re-entering the crypto top 10 by market cap. See related article: Markets: Bitcoin dips, Ether little changed; […]

The crypto winter may have chilled many in Web3, but metaverses are an increasingly hot prospect in traditional finance, says DBS Bank’s legal chief

Bitcoin fell while Ethereum traded little changed on Friday afternoon in Asia. Huobi Token, the native coin of China crypto exchange Huobi, jumped 18.9% in the last 24 hours after Bloomberg reported its founder was seeking to sell a majority stake in the business. See related article: Markets: Bitcoin, Ether retreat as investors digest inflation, […]

Something of a sea change? Financial institutions that once turned up their noses at cryptocurrencies are now figuring out ways to get access for their clients.

Bitcoin fell back in Asia trading after setting a two-month high of US$24,822 overnight following news BlackRock Inc., the world’s largest asset manager, had launched its own Bitcoin fund. Ethereum followed a similar track, but held some of its gains after hitting a six-week high of US$1,927. Both crypto and equity markets had risen earlier […]

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.

Bitcoin, Ethereum and all other top 10 cryptocurrencies rose in tandem with U.S. equities markets overnight as consumer data showed U.S. inflation slowed in July. Polkadot surged after announcing a tie-up in decentralized finance services. See related article: Markets: Bitcoin, Ether fall in general sell off; Solana takes hit, BNB stumbles Fast facts Bitcoin changed […]

WazirX users head for exits amid a dispute between Binance. Meanwhile, Circle and Tether announce support for the new ETH P-O-S.

Bitcoin and Ethereum fell in Wednesday afternoon trading in Asia, with almost all top 10 cryptocurrencies by market cap in the red. Solana was the biggest mover among the major coins, dropping 5.94% in the past 24 hours. See related article: Markets: Bitcoin falls as crypto market loses steam, equities dip ahead of inflation data […]

Amid debate over the U.S. Treasury Department’s banning of the crypto mixer, the Ethereum cofounder said he used the service to protect recipients.

Bitcoin and Ethereum fell as most of the top 10 cryptocurrencies gave up ground made earlier in the week. BNB was the exception, posting a slight gain to round out a 15% price increase in the past seven days. See related article: Markets: Bitcoin loses steam, Ether continues run higher in late Asia trading Fast […]

Bitcoin fell back in late afternoon trading on Tuesday in Asia, losing steam after a run up of more than 4% in the past seven days. Ethereum continued its rally amid the buzz around the so-called “merge” when it shifts from proof-of-work to proof-of-stake, gaining more than 12% week-on-week. Polkadot and Solana fell back after […]

Blockchain analytics firm Chainalysis says cross-chain bridges that allow transfer of assets between independent blockchains are among the highest risk protocols in the blockchain industry for scams and bad actors. Chainalysis in a new report estimates that US$2 billion worth of cryptocurrency has been stolen from cross-chain bridges across 13 attacks so far this year, […]

Blockchain gaming will likely remain a key driving force for wider Web 3.0 adoption, and the gaming sector will be “quite hit-driven” over the next 12 months, Robbie Ferguson, cofounder of Immutable — which builds Immutable X, a layer-2 scaling solution on Ethereum — told Forkast on Tuesday at Korea Blockchain Week 2022. See related […]

Crypto exchange Zipmex is planning to release an unspecified amount of Ethereum and Bitcoin on Aug. 11 and 16 respectively, after a suspension of withdrawals from its Z Wallet last month.  See related article: Why Singapore may be the ideal place for companies to rebuild post-crypto winter Fast facts The Singapore-based company said on Monday […]

Circle Internet Financial Ltd., the issuer of the USDC stablecoin, froze over 75,000 USDC in funds linked to 81 sanctioned addresses at the cryptocurrency mixer Tornado Cash on Monday, according to data from crypto aggregator Dune Analytics. See related article: Bad actors in North Korea, Russia send record-high funds to crypto mixers Fast facts The […]

Singapore-based cryptocurrency exchange Bitget says it has launched a US$200 million “protection fund” to act as an “emergency insurance reserve” to protect user funds when their losses are not a consequence of their own actions or behavior on the platform.  See related article: How the crypto winter is laying groundwork for Web3 to reach its […]

The current bear market is an opportunity for blockchain developers to focus on building while there is no “noise,” Polygon cofounder Sandeep Nailwal said during a panel at Korea Blockchain Week 2022 on Monday. See related article: MATIC crypto skyrockets as Polygon joins Disney accelerator Fast facts “In the bear market, the best part is […]

DeBridge cofounder Alex Smirnov on Saturday alleged their team found evidence that North Korean state-backed Lazarus Group was attempting to attack the cross-chain protocol, warning that the group’s attack could broadly target Web3 teams. See related article: After Nomad and Solana, ZB.com gets hacked for US$4.8 mln Fast facts See related article: Why blockchain bridges […]

Once we have scaling technology […] it actually becomes possible to really try to make crypto payments more mainstream again,” Ethereum cofounder Vitalik Buterin said during his keynote speech at the Korea Blockchain Week 2022 conference on Monday. See related article: Prominent Chinese ETH miner plans proof-of-work fork amid The Merge Fast facts “Cryptocurrency payments […]

Tezos has become a leading art blockchain, even in China, where NFTs are barely tolerated. Its regional chief, Katherine Ng, explains its success

Bitcoin was largely flat in Friday afternoon trading in Asia, while Ethereum gained. However, both of the two major coins on the top 10 list by capitalization were trading more than 3% lower week-on-week. BNB’s gains ran into a second day, while Polkadot and Dogecoin rose.  See related article: Ethereum Classic’s ‘Merge’ surge not expected […]

Instagram’s platform for non-fungible tokens (NFT), which the firm is calling “digital collectibles,” is now available in 100 countries, the Facebook parent Meta-backed social media giant said. See related article: Meta’s attempts at building a metaverse will ‘misfire’: Vitalik Buterin Fast facts With support for Coinbase and Dapper wallets added, Instagram now supports wallets from […]

It was a mixed bag for the top 10 cryptocurrencies Friday morning in Asia, with most moving less than 1%. Bitcoin dipped, while BNB continued its breakout run for a second day. Bitcoin was trading at US$22,612 as of 8 a.m. in Hong Kong, down 1% in the last 24 hours. Ethereum slipped 0.7% to […]

US Senate proposes the CFTC takes responsibility of Bitcoin and Ethereum. Meanwhile, Philippine authorities warn against Binance

Bitcoin and Ethereum moved lower in Asia afternoon trading on Thursday, with Solana recovering from a price drop blamed on a hack of its network. Bitcoin was priced at US$22,927 as of 4:30 p.m. in Hong Kong, down 1.12% in the last 24 hours. Ethereum edged down 0.9% to US$1,621, according to data from CoinMarketCap. […]

The massive Solana wallet exploit that began on Wednesday Hong Kong time is believed to be related to the Slope mobile wallet app, while there is no evidence to show the blockchain’s code was compromised, Solana said. See related article:  Bitcoin, Ethereum little changed; Solana still lower after network hack Fast facts See related article: […]

Top blockchain and crypto news: Filecoin leads in market uptick. CryptoPunks in new glow as Tiffany jewelry. Chinese firms flock to Singapore.

Nomad loses US$200 million after over 300 suspected of participating in the hack. Meanwhile, Michael Saylor moves from CEO to Chairman of Microstrategy.

Solana fell 4% in Asia afternoon trading on Wednesday as reports surfaced of a hack that had drained thousands of wallets holding the token. Bitcoin and Ethereum edged higher, though U.S.-China tensions were a broader concern across all markets. Bitcoin traded at US$23,187 as of 4:30 p.m. in Hong Kong, up 1.47% in the prior […]

Gucci has further embraced cryptocurrencies, announcing in a tweet on Tuesday that it is accepting in-store purchases with ApeCoin through payment service provider BitPay. See related article: How high fashion is waking up to blockchain’s possibilities Fast facts ApeCoin is a cryptocurrency tied to Bored Ape Yacht Club (BAYC), a non-fungible token (NFT) project created […]

Monday’s attack on Nomad indirectly affected Cardano users as the protocol was one of multiple bridges deployed to Milkomeda C1, a layer 2 protocol which allows Ethereum decentralized apps (dApps) to be deployed in the Cardano ecosystem, Milkomeda said. See related article: More than 300 addresses said to perpetrate Nomad’s US$200 mln exploit Fast facts […]

Bitcoin was trending lower in early Asia trading on Wednesday with most major cryptocurrencies falling. Bitcoin was priced at US$23,048 as of 8 a.m. in Hong Kong, down 1.2% in the prior 24 hours. Ethereum was little changed at US$1,643, up 0.3%, according to data from CoinMarketCap. See related article: Bitcoin, Ethereum lose ground; Polkadot […]

Is the flippening coming soon? And NFT sales drop 25% in July as the crypto winter continues.

Crypto investments totaled US$474 million in July, mostly reversing outflows of US$481 million in June, even as Solana (SOL) witnessed year-to-date inflows of US$114 million, a report by Coinshares said. See related article: Ethereum needs scalability to retain market share: report Fast facts See related article: ETH crosses Bitcoin in options market for first time […]

Ahead of Ethereum’s upcoming “Merge,” prominent Chinese crypto miner Chandler Guo has indicated he wishes to fork Ethereum to maintain a version of the network that remains proof of work (PoW), according to a report by Decrypt. See related article: Ethereum will soon turn 7 — and its upcoming ‘Merge’ will be well worth the […]

Market analysts are mixed on outlook for non-fungible tokens, as some see mostly gloom, others point to glimmers of optimism.

Ethereum blockchain’s native token Ether (ETH) has surpassed Bitcoin (BTC) in the options market for the first time on Deribit exchange. See related article: Tether will support ETH 2.0 amid speculations of Merge delay Fast facts The cumulative dollar value of Ether options contract opens on Deribit was around US$5.7 billion, while open Bitcoin options […]

The ETH2 merge could once again be delayed. Meanwhile, Vitalik Buterin calls Michael Saylor “a total clown”.

Bitcoin and Ethereum were trading lower by 1.3% and 0.4% over the past 24 hours in Monday evening trade in Hong Kong. See related article: Bitcoin, Ethereum fall back after posting monthly gains for July Fast facts Bitcoin was trading down 1.3% at US$23,331.73 over the past 24 hours at 5:20 p.m. HKT on Monday, […]

Bitfinex and Tether’s chief technology officer Paolo Ardoino said on Sunday that Tether plans to support ETH 2.0, amid widespread speculations that the Merge may get delayed yet again.  See related article: Ethereum one step closer to Eth2 with Ropsten testnet merger Fast facts While the Merge has been delayed multiple times, developers said it […]

Ethereum cofounder Vitalik Buterin has taken a shot at MicroStrategy chief executive officer Michael Saylor, calling him a “total clown” after the latter called the world’s second-largest cryptocurrency “inherently unethical.” See related article: Crypto continues tear while Vitalik Buterin says Eth2 ‘not priced in’ Fast facts “Why do maximalists keep picking heroes that turn out […]

Vitalik Buterin predicts the metaverse will be built, but any existing corporation trying to intentionally build one will not succeed, adding that efforts by Meta (formally Facebook) to do so will “misfire.” See related article: Will Facebook’s metaverse future transform how we live online? Fast facts In a Twitter thread over the weekend, the Ethereum […]

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

The cryptocurrency market continued its rally in afternoon trading in Asia on Friday, with Bitcoin and Ethereum up 4.4% and 5.7%, respectively, over the past 24 hours. See related article: Crypto continues tear while Vitalik Buterin says Eth2 ‘not priced in’ Fast facts Bitcoin was at one point changing hands above the US$24,000 mark in […]

The APE decentralized autonomous organization (DAO) approved a proposal to fund the 24-hour news website covering BAYC creator Yuga Labs and the community on Thursday.  See related article: Majority of ApeCoin token holders vote to stay on Ethereum Fast facts The Bored Ape Gazette website will become a 24-hour style news site complete with a […]