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Hong Kong metaverse developer ViLab partners with Squid Game special effects maker

Hong Kong-based ViLab Limited, a metaverse developer, announced today that it has signed a memorandum of understanding (MOU) with Gulliver Studios, the effects creator behind the Netflix hit series Squid Game, to develop technology that can be used for creating virtual identities and other features for the metaverse. Fast facts ViLab and Gulliver Studios will […]

Squid Game crypto rug pull: investors meet deadly ending

It’s a red light for those who bought the controversial token inspired by the Netflix mega-series Squid Game, as its developers appear to have cashed out their investments, leaving SQUID’s price to plunge 99.99%.

BXH suffers US$130 million exploit; Squid game token meets deadly end

BXH suffers US$130 million exploit, also Squid game token meets deadly end

Squid Game and BTS tokens emerge amid K-culture boom — and warnings to consumers

The wild popularity of South Korean Netflix TV series Squid Game and K-pop boy band BTS prompt parody tokens in the crypto space under circumstances that are being called into question.

Squid game NFTs traded on Opensea; Bitcoin on a roll

Squid game NFTs traded on Opensea, also Bitcoin on a roll

‘Squid Game’ NFTs being traded on OpenSea

An unidentified NFT (non-fungible token) creator with user name 9194C0 on digital marketplace OpenSea has created nearly 2,000 NFTs that replicate the globally popular Netflix series ‘Squid Game’ with some being traded for more than 1 ETH. Fast facts The NFTs replicate a card that appears on the television series inviting the protagonist to join […]

Tech giants vow to resist NFT hype; Squid token under scrutiny

China’s tech cut ties to NFTs as Squid Game token leaves users questioning its legitimacy.

How to avoid getting rug-pulled in crypto and DeFi

Scams like the Squid Game Token rug pull are every investor’s nightmare. How to avoid hoaxes and not feel like a fool? Forkast.News explains.

Stablecoin toss to US Congress as regulators circle

Top blockchain and crypto news: Stablecoins at regulatory crossroads. Squid Game crypto players suffer shocking fate. Are metaverses China’s new national insecurity?

Bitcoin bulls set for stampede amid six-figure forecasts

Top blockchain and crypto news: Big money heads for Bitcoin. How fishy are Squid Game NFTs? China mothballs mining.

Busan taps K-pop metaverse to win 2030 World Expo bid

Busan, South Korea’s second-largest city, is opening a virtual space on Naver Z’s Zepeto metaverse at 12 p.m. on Friday, Korea time, to promote the city in efforts to host the World Expo in 2030. See related article: South Korea’s Busan city wants to be blockchain central. Did everyone get the memo? Fast facts The […]

‘Soft rug pull’ sees US$4.5 mln in TEDDY memecoin sold over weekend

The price of BNB Chain-based Teddy Doge (TEDDY) fell over 99.9% in 24 hours on Monday in Asia as over US$4.5 million of the token was sold over the weekend, in what some analysts described as a “soft rug pull.” The token was trading at just a fraction of a dollar on Tuesday in Asia. […]

South Korean police arrest man behind NFT sale of cat-like character CatSle

The Seoul Metropolitan Police Agency’s cyber bureau has arrested a 26-year-old man for allegedly defrauding nine investors of 210 million KRW (US$165,798) over the sale of non-fungible tokens (NFTs) of a cat-like character named CatSle. See related article: S.Korean regulators to strengthen watch over NFTs and the metaverse Fast facts According to the police, the […]

How Southeast Asia’s NFT ecosystem lifts up local artists

Providing access to global customers and higher income, NFTs are changing lives in some of the poorest places in the world, writes Katherine Ng.

Hong Kong gears up for its first metaverse ETF

Hong Kong’s first metaverse-themed exchange-traded fund (ETF), the CSOP Metaverse Concept ETF, is scheduled to be listed on Feb. 21 on the Stock Exchange of Hong Kong, according to a CSOP Asset Management disclosure document.  See related article: NFTs, metaverse listed as top ‘must watch’ security risks in Hong Kong Fast facts The metaverse ETF […]

Crypto ‘finfluencers’ are attracting a new following — of regulators

Online influencers may be improving crypto-financial literacy for millions of people. But regulators have growing concerns.

Crypto Santa’s naughty and nice list for Christmas 2021

Who in the crypto world deserves Santa love this year, and whose chimney should be snubbed? The elves at Forkast.News help the big man with his list.

Bitget suspended over Army Coin, named after K-pop boy band BTS fanbase

Singapore-based crypto exchange had claimed the fan token would support BTS members — while the band’s agency denied any association with it.
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DeFi’s amorphous autonomy proves a policy puzzle

The promise of financial democratization forms the bedrock of DeFi’s appeal. But who’s in charge — and who to hold responsible when things go south?

Is 2021 the year of crypto’s coming of age?

Blockdata co-founder Jonathan Knegtel thinks so. Almost a teenager, Bitcoin is reaching a level of maturity that’s defying the predictions of its critics.

Hong Kong Fintech Week’s live comeback talks digital renminbi and DeFi

One of Asia’s largest fintech events returns for its sixth year with a hybrid format of live and virtual sessions. Regulators, corporations and experts share what’s important now in crypto.

ETH and SOL hit all-time highs; CBA to offer crypto services

ETH and SOL hit all-time highs as well as CBA offers crypto services

Ethereum, Solana, Polkadot climb to new all-time price highs in altcoin rally

Ethereum crosses the $4,600 mark for the first time and Solana overtakes Cardano as the fifth-largest cryptocurrency by market value.

Warning issued over K-pop crypto; Dog fight hits crypto market

Warning issued over K-pop crypto meanwhile Dog fight hits crypto market

Tales from the Crypt, 2021: 10 crypto horror stories

Behind this year’s giddy markets, evil and tragedies abound. Just in time for Halloween, Forkast.News shakes out the skeletons in crypto’s closet.

How crypto crimes are evolving, and what to expect in 2023

Ponzi schemes, investment scams and rug pulls have drained billions from crypto users in recent years. What new kinds of crypto crimes are on the horizon?

Miramax files lawsuit against Quentin Tarantino over Pulp Fiction NFTs

Movie director Quentin Tarantino is being sued by Hollywood studio Miramax over his recent plan to auction off a series of non-fungible tokens (NFTs) based on his 1994 film “Pulp Fiction.” Miramax alleges that Tarantino’s planned offerings violate the copyright it holds to the director’s film, including the rights to the property he intends to […]

South Korea’s Kakao, Com2uS, others race toward the metaverse

Information Technology (IT) firms in South Korea set up shop in the realm of the metaverse, with their first step being non-fungible token (NFT) platforms.

Martha Stewart, media mogul and lifestyle guru, turns to Halloween-themed NFTs

In a sign that non-fungible tokens (NFTs) are hitting home, media personality and businesswoman Martha Stewart, perhaps the biggest influencer on modern American home life and middle-class domestic strivings, just launched online store FRESH Mint that will sell Halloween-themed NFTs featuring pumpkin crafts and costumed images of America’s domestic goddess herself.  Fast facts The NFT collection is launched in partnership […]