Solana leads gains following Visa partnership news, Bitcoin little changed even as whales snap up asset
Solana led gainers in the top 10 cryptos, after the protocol announced a new partnership with payments giant Visa.
How the metaverse can expand the mindscape for human connections
Socializing in a virtual world has been around for 20 years but remains a niche pursuit. Will AI and the new generation of digital natives make it mainstream?
Bitcoin, Ether flat; US equities drop as rate hike concerns return
Bitcoin was trading flat below US$26,000 Wednesday morning in Asia. Ether edged up but remained below the US$1,650 mark.
The End of the Beginning for NFTs
SEC charges shake NFT market as pricey assets record losses and global sales hit new lows, marking the onset of a transformative era for digital collectibles.
Bitcoin, Ether decline as Dogecoin leads gains ahead of Elon Musk’s biography
Dogecoin led the winners in the top 10, in anticipation of Tesla owner Elon Musk’s upcoming biography, which reportedly details his involvement in the memecoin’s development.
South Korea’s Hana bank partners with BitGo on digital asset services
KEB Hana Bank, one of South Korea’s largest financial institutions, will offer digital asset custody services from the latter half of 2024.
Do you really trust the smart contracts in charge of your crypto?
Making sure the smart contracts behind DeFi platforms are thoroughly audited isn’t just a job for code developers — it’s also a must for ordinary investors.
Bitcoin, Ether down; Binance loses another top executive
Bitcoin edged lower on Tuesday morning in Asia to trade below US$26,000. Ether dipped to near the US$1,600 mark.
Bitcoin, Ether remain under key levels; Sol leads gains in top 10 cryptos
Bitcoin and Ether have struggled to gain traction since the Securities and Exchange Commission (SEC) postponed its decision on seven Bitcoin ETF proposals.
Are Bitcoin and STOs birds of a feather? Think again
Bitcoin’s birth marked a radical departure from the strictures of centralized finance. Is the advent of asset tokenization undermining the original crypto’s founding ideals?
Bitcoin flat below US$26,000 as rate hike woes cool down
Bitcoin edged up on Monday morning in Asia but remained below US$26,000. Ether also stayed range-bound at around US$1,650.
Real Bedford — Bitcoin, football and the bear market
In the first installment of Forkast’s ‘Crypto in Sport’ series, we visit the U.K. and the homeground of Real Bedford — the world’s first Bitcoin-funded football team. Can the team’s rock-n-roll rebrand under Bitcoin evangelist Peter McCormack propel the team up the English football pyramid? Or will the crypto winter put a freeze on its progress?
Weekly Market Wrap: Grayscale’s favorable court verdict, ETF hype fail to lift Bitcoin above US$28,000
While Grayscale’s favorable verdict over the SEC could pave the way for the first spot Bitcoin ETF in the U.S., it failed to bring Bitcoin above the US$28,000 support level.
Bitcoin below US$26,000, most other top 10 cryptos extend losses
Bitcoin, Ether and other cryptos dropped on Friday afternoon in Asia. Toncoin and Tron gained.
How crypto can help Africa reap greater yields — of the agricultural kind
Assisted by blockchain and AI, small farmers can make better use of data for more bountiful harvests. But adapting to new technology isn’t always easy.
Bitcoin falls back to US$26,000, Ether nears ‘death cross,’ while investors await US jobs report for August
Bitcoin, Ether and other cryptos were down Friday morning. U.S. equities were flat as investors look towards August’s jobs report later Friday.
The rise and continuing fall of Sam Bankman-Fried: A step-by-step guide to his case so far
The 9 key pieces of information you need to know ahead of the FTX founder’s first trial on Oct. 2
All top 10 cryptos fall except Dogecoin, as boost from Grayscale ETF ruling fades
Bitcoin, Ether and most other top 10 cryptos dropped on Thursday after a Wednesday rally on news of Grayscale receiving a favorable ruling against the SEC.
Cryptos down as Grayscale ETF news loses shine
Bitcoin, Ether and most other top ten cryptos traced back gains made following news of Grayscale’s legal win against the SEC.
India’s CoinSwitch crypto exchange fires 44 employees as trading volumes drop
CoinSwitch, an Indian cryptocurrency exchange backed by Tiger Global and Sequoia Capital, has laid off 44 employees from its customer support team due to a drop in customer queries with falling trading volumes.
Hong Kong grants SEBA Bank in-principle approval for crypto trading
The Hong Kong branch of SEBA Bank has received an in-principle approval from regulators to provide virtual asset trading services in the jurisdiction.
How Worldcoin is undermining crypto’s original ethos
The new crypto from OpenAI’s founder requires users to supply biometric data. What if those in control can identify you — and follow your every financial move?
A Dark but necessary time for NFTs is here
From Miami parties with A$AP Ferg to a historic NFT market slump: The highs and lows of the NFT world.
Bitcoin, Ether gain; traders cautious as U.S. regulator goes after NFT firm
Bitcoin, Ether rose less than 1% in the past 24 hours while posting losses on the week. Polkadot led gains among top 10 cryptos.
Welcome to 2030: I own everything, and life’s actually pretty good
Here’s a look at a future where Web3 technology will allow us to have ownership stakes in all things and avoid a subscription-based consumerist hellscape.
Asia’s richest man bets on blockchain, CBDC
Mukesh Ambani, Asia’s richest man from India, said on Monday that his Reliance Industries Ltd. is exploring blockchain-based platforms and central bank digital currencies (CBDC).
Bitcoin dips below US$26,000, crypto faces downward pressure amid Fed’s rate hike signals
Bitcoin and other major cryptocurrencies face headwinds on the first trading day of the week in Asia following the U.S. central bank’s Jackson Hole Symposium remarks, while Tron bucks the trend with modest gains.
How dynamic NFTs can bring brand engagement to a new level
NFTs are now capable of being interactive and changing with the weather, user location and time of day. What are the downsides and challenges ahead?
Binance delists sanctioned Russian lenders from P2P services: WSJ
Binance, the world’s largest crypto exchange, has removed sanctioned Russian banks from its P2P trading service, the Wall Street Journal reported on Friday.
Crypto market cautious after Fed’s Powell says US inflation still ‘too high’
Bitcoin, Ether and other top 10 non-stablecoin cryptocurrencies held steady, despite Fed chair Jerome Powell’s hawkish comments on U.S. inflation.
DeFi revenue remains resilient despite Curve Finance hack
Even as the value of assets in DeFi dips, service provider revenues stand strong, undeterred by the US$73 million Curve Finance breach, Forkast Labs data shows.
Weekly Market Wrap: Bitcoin’s summer volatility, Coinbase’s new stake and anticipations on the Fed moves cryptocurrencies
From landmark business decisions to looming central bank announcements, the crypto landscape this week teemed with events that may shape the course of the market.
If Chinese crypto holders sneeze, will global markets catch a cold?
Top blockchain and crypto news: China’s economic woes could spell trouble for crypto. Real fear in NFT markets. Can Friend.tech revive SocialFi?
SOL reverses gains, Bitcoin holds US$26,000, top cryptos fall ahead of Powell’s speech
SOL reversed Thursday’s gains from its Shopify partnership while XRP fell to a six-week low. Bitcoin and Ether inched up during afternoon trading but struggled to gain more upward momentum.
Sam Bankman-Fried’s lawyers granted unlimited prison visits; FTX tries to sell crypto holdings
Sam Bankman-Fried’s lawyers can visit him in jail on a daily basis, a U.S. district court ruled on Wednesday, while FTX’s new CEO wants to sell its crypto.
It’s time for Web3 gaming to up its own game
Blockchain games are often touted as the next big thing. Joseph Cooper, CEO of Earn Alliance, takes a hard look at the industry’s challenges and how to overcome them.
Bitcoin back down to US$26,000 as investors await US Fed chair speech
Bitcoin dropped to around the US$26,000 level Friday morning in Asia, giving up much of the previous day’s gains. Ether also moved lower.
Mastercard and Binance end crypto card partnership, services shut down in Latin America, Middle East
Mastercard and cryptocurrency exchange Binance will end their crypto debit card program in Argentina, Brazil, Columbia and Bahrain from Sep. 22.
Tornado Cash founders charged with money laundering crypto, including proceeds from North Korean heists
The Tornado Cash mixer’s co-founders have been charged by the U.S. Department of Justice with money laundering and sanctions violations.
Bitcoin, Ether rise with SOL leading winners in top 10 cryptos
SOL was the biggest gainer in the top 10 following its Shopify deal. Bitcoin and Ether also rose along with most top 10 cryptocurrencies.
Bitcoin back at US$26,500 as crypto mirrors Wall Street gains
Bitcoin rose on Thursday morning in Asia to trade in the US$26,500 range. Ether also moved up. Solana led the winners in the top 10 non-stablecoin tokens.
Blockchain tech in Thailand gets boost from new pro-crypto leader
Blockchain technology in Thailand could soon receive a boost by new Prime Minister Srettha Thavisin, who had promised during his campaign to give 10,000 baht (US$300) through digital wallets to every Thai citizen aged 16 years and above.
SOL falls to six-week low, BNB biggest gainer despite reports of Binance violating Russian sanctions
Bitcoin recaptured the US$26,000 mark today, while Solana fell to a six-week low. BNB was the biggest gainer in the top 10, despite allegations against Binance resurfacing.
Sam Bankman-Fried pleads not guilty to misusing customer funds
Sam Bankman-Fried, the founder of FTX, pleaded not guilty to a set of new charges tied to last year’s collapse of his crypto empire.
Could Rishi Sunak’s blockchain dream live on without him?
This final installment of a 3-part series on the U.K. digital asset industry looks at the politics driving the British crypto conversation. PM Rishi Sunak is a believer, but an election’s coming up, and his rivals appear less keen on turning the U.K. into a global crypto hub.
Rising tide or sinking ship
OpenSea’s royalty policy change ignites debate between tech advocates and creators. Mark Cuban calls it “a huge mistake as NFT market slides 6%.
How DAOs can avoid voter apathy — and power struggles
Good governance of a DAO can be hampered by a disengaged community and whale dominance. What can be done when 1% of stakeholders holds 90% of voting power?
Bitcoin below US$26,000 with a new low of US$20,000 in the cards
Bitcoin fell Wednesday morning in Asia to trade below US$26,000. Ether also dropped as all other top 10 non-stablecoin tokens traded flat to lower.
Bitcoin holds US$26,000, BNB flirts with annual low
Bitcoin holds its ground above US$26,000, but the top 10 cryptocurrencies see a dip. BNB remains subdued as Binance’s payment partner woes intensify.
‘Third category thing’ — untangling digital asset property law in England and Wales
How can we claim to own something that falls outside traditional categories of personal property? In this second installment in a 3-part series looking at the U.K. digital asset industry, Law Commissioner for England and Wales Sarah Green explains how.
Coinbase buys equity stake in Circle
Coinbase Global announced Monday that it is acquiring an equity stake in Circle Internet Financial, the issuer of the USDC stablecoin.
Bitcoin recovers after falling below $26,000 as the ETF excitement bubble bursts
Bitcoin stabilized Tuesday morning in Asia after dropping below the key US$26,000 support level over night. Ether also dipped but held the US$1,600 mark.
Bitcoin stabilizes as ETF enthusiasm tapers off
Bitcoin stabilized above the US$26,000 mark following last week’s sell-off. Top cryptos struggle to gain momentum as Bitcoin ETF applications continue to be delayed.
How the rise of asset tokenization could redraw global financial power maps: Opinion
Fractionalizing assets on-chain can greatly increase liquidity, security and market efficiency, writes Hamilton Keats. Here are the key trends and challenges.
Tornado Cash sanctions upheld by US court
A U.S. district court has concluded that the Treasury Department’s sanctions on cryptocurrency mixer Tornado Cash are valid.
By royal decree — the UK moves toward regulating crypto
This first installment in a 3-part series on the U.K. digital asset industry looks at recent efforts to regulate crypto and expand the sector.
Bitcoin, Ether stable after last week’s nosedive; XRP leads crypto gains; US stock futures mixed
Bitcoin edged up on Monday morning in Asia to trade above US$26,000, after sliding over 10% for the week. Ether also moved higher but remained below US$1,700.
Weekly Market Wrap: Bitcoin falls below US$26,000 following Evergrande’s bankruptcy
Bitcoin fell over 10% this week and dipped to a two-month low following Evergrande’s bankruptcy filing.
Tether stops USDT stablecoin mints on three blockchains
Tether, the issuer of the world’s largest stablecoin USDT, announced on Thursday that it will discontinue support for its flagship stablecoin, on three blockchains, Kusama, Bitcoin Cash SLP (Simple Ledger Protocol) and Omni Layer.
XRP erases gains from Ripple’s partial victory as Bitcoin falls 10% in a week
Macroeconomic factors hit investor sentiment while a U.S. judge’s consent to SEC over its ongoing tussle with Ripple Labs affects crypto prices.
How blockchain-backed ID can lift up the lives of the unbanked masses: Opinion
Digital ID verified via blockchain can greatly expand economic opportunities for the world’s poor. But the market is fragmented and faces a rocky road of regulations, writes Tamas Kadar, CEO of SEON.
Over $1 billion in crypto market liquidations as Bitcoin hits 2-month low
Bitcoin traded at around US$26,800 on Thursday morning in Asia after hitting a two-month low of around US$25,400. Ether fell below US$1,700.
Bitcoin steady at US$28,500; Dogecoin leads market decline in Asia
Global institutional intrigue in digital currencies grows but the cryptocurrency market shows no signs of rallying.
Will Singapore steady the stablecoin ship?
Top blockchain and crypto news: Singapore steps up stablecoin rules. DeGods decline. Hong Kong’s third crypto license.
Bitcoin dives to US$28,500; Coinbase buoyed by US futures approval; Fed minutes cast shadow over equities
Bitcoin, Ether and Top 10 crypto fell on Thursday morning in Asia. Coinbase receives futures approval.
Coinbase cleared to offer crypto futures trading in the US
Coinbase, the largest cryptocurrency exchange in the U.S., has obtained regulatory approval to offer crypto futures trading services to eligible clients
Bitcoin extends losses as BNB falls after Binance closes payment service
Bitcoin extends the day’s losses but keeps above US$29,000, while Binance’s BNB drops amid exchange’s payment service closure.
Binance to shut crypto payment infrastructure as market dominance dips
Binance will shut down its cryptocurrency payment service Binance Connect on Aug. 16, a Binance spokesperson confirmed.
TradFi has its eyes on crypto, and here’s the real reason why: Opinion
Wall Street thought crypto would be a passing fad. But more big institutions are having a change of heart, in spite of crypto’s protracted market woes.
Cryptos decline on the back of Wall Street losses and Fed speculation
Bitcoin and Ether fell on Wednesday along with all other top 10 cryptos, NFTs moved down while U.S. stock futures steadied after a rocky Tuesday.
Bitcoin, Ether dip amid low volatility; Solana gains
Bitcoin traded flat on Tuesday afternoon in Asia. Ether dipped, while most other top 10 non-stablecoin tokens traded flat to lower. Solana rose.
FTX founder Sam Bankman-Fried charged with stealing customer funds for political donations
The FTX founder faces charges of wire fraud, securities fraud, commodities fraud and money laundering related to the exchange’s collapse in November.