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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Why governments have powerful incentives to develop digital currencies
CBDCs can increase financial inclusion and prevent crime, according to blockchain expert Tiana Laurence. What’s not to like about state-backed digital money?
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Crypto mining’s Great Migration continues — out of Kazakhstan
Political chaos and power shortages are causing miners to flee a nation that only recently became the world’s second-largest Bitcoin producer.
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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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Thailand to regulate cryptocurrency as payment method
Thailand’s financial authorities have unveiled a plan to issue regulations that would “limit the widespread adoption of digital assets as a means of payment for goods and services” in a bid to protect the country of 70 million people. Fast facts Thailand’s Securities and Exchange Commission (SEC), Ministry of Finance (MOF) and The Bank of…
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Kazakhstan cuts off power for crypto mining amid blackouts
Kazakhstan has cut off the power supply for crypto miners amid blackouts and a growing power crisis in a central Asian region that also includes Kyrgyzstan and Uzbekistan, a local Bitcoin miner told Forkast. Fast facts The Bitcoin miner said Kazakhstan’s authorities are blocking all electricity for crypto mining through Jan. 31, confirming a Bloomberg…
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How to avoid regulatory pitfalls in an increasingly ‘cryptoized’ world
Crypto regulations run the gamut from wait-and-see to total prohibition. What are the dos and don’ts of smart regulation?
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Interpol issues ‘purple notice’ on Bitcoin phishing case in S.Korea: reports
South Korean police have provided global police agency Interpol with information on a crypto-related voice phishing case after receiving a purple notice on two international crimes that victimized locals, according to local media reports. Fast facts Last May, an individual was reported to be disguised as a public prosecutor to convince a victim to buy…