The problems with retail crypto trading — and how to solve them
Young investors demand more accessibility, transparency and accountability than traders of yore, writes Joe Jowett of StrikeX. What are the solutions?
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Shiba Inu explained — diving beyond the memecoin
Following a year of explosive price gains, the SHIB token is inching closer toward becoming a top 10 cryptocurrency. Will this so-called “Dogecoin killer” succeed? Forkast.News explores what’s in store for Shiba Inu.
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Solana loses consensus after bots flood network, SOL takes hit
Solana suffered another outage on Sunday Asia time, after the network lost consensus due to bots flooding the non-fungible token (NFT) minting tool “Candy Machine,” spamming more than six million transactions per second. See related article: Solana DeFi avoids meltdown as Wormhole loss replaced Fast facts The network was down for about seven hours before…
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Perpetrator of South Korea’s ‘Bitcoin-gate’ untraceable
A loophole in South Korea’s recent ‘Travel Rule’ means the North Korean hacker behind the stunning espionage saga involving Bitcoin may evade authorities, Forkast learns.
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Ethereum’s revenue falls by 44% as average gas fee drops 88% on quarter: Q1 report
Ethereum’s network revenue from gas fees totaled US$2.4 billion in the first quarter of 2022, down 44% from US$4.34 billion in Q4 2021, while 87% of the revenue, or around US$2.1 billion worth of ETH tokens, were burned, according to Bankless’ Q1 report of the blockchain. See related article: Amount of Ether burnt since EIP…
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Flipkart launches innovation lab to explore future of e-commerce
Flipkart, the Indian e-commerce marketplace, plans to explore Web 3.0 and metaverse use cases including non-fungible-tokens, virtual storefronts, play-to-earn and other blockchain technologies under its new initiative, Flipkart Labs, the company said. See related article: Chinese e-commerce giant JD.com offers NFTs despite state media criticisms Fast facts Flipkart Labs, based in Bengaluru, will also serve…
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ApeCoin cracks US$26, now largest metaverse token ahead of Otherside
ApeCoin (APE) set a new high at US$26.70 on Friday morning Asia time, and is now the largest metaverse token by market cap, ahead of the launch of the Otherside on Saturday. See related article: What is ApeCoin and How It Made The Bored Apes Richer Fast facts The APE ecosystem’s governance token was trading…
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What is ApeCoin and How It Made The Bored Apes Richer
Bored Ape Yacht Club owners rejoiced, as ApeCoin launched with a generous airdrop for the NFT collection’s holders. Learn what ApeCoin is and how it made the Bored Apes richer in this Forkast explainer.
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New US$1B crypto fund lands backing from a16z, Solana founders
Former Microsoft strategist Joe McCann’s new crypto fund Asymmetric has gained backing from a16z’s Marc Andreessen and Solana cofounders Anatoly Yakovenko and Raj Gokal, The Block reported. See related article: KuCoin launches $100 mln fund for NFT projects Fast facts Asymmetric is aiming to raise US$1 billion to be split into a venture investment fund…