Venture capital firms slow Web 3.0 investments as investors turn cautious
Several venture funds tell Forkast they have become conservative and are only investing in ‘true believers’ of Web 3.0
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Markets: Bitcoin, Ether weaken; Litecoin leads declines across top 10 cryptos
Bitcoin and Ether fell in Asian trading on Friday afternoon, with Litecoin leading declines across the top 10 non-stablecoin cryptos
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FTX seeks permission to sell Japan, Europe entities and LedgerX
Attorneys representing FTX are requesting permission from the U.S. bankruptcy court to sell four of the company’s branches: FTX Japan, FTX Europe, Embed, and LedgerX.
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Safe as houses? How tokenizing real estate offers a new approach to bricks-and-mortar investment
Putting property on-chain is a novel way of opening up opportunities for investors and landlords alike. The second article in Forkast’s three-part series on real estate tokenization explores what they stand to gain.
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US lawyers, Bahamas liquidators trade barbs over who rules FTX bankruptcy jurisdiction
Sam Bankman-Fried has reportedly made a second application for bail in the Bahamas – this as lawyers feud over control of the FTX bankruptcy, raising concern the sour grapes may seep into efforts to have Bankman-Fried extradited to face fraud charges in the U.S.
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Hong Kong Stock Exchange debuts ‘Asia’s first’ crypto futures ETFs
Hong Kong launched two exchange-traded funds (ETFs) tracking cryptocurrency futures on Friday, the first of their kind in Asia, the local exchange said.
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Japan plans to ease corporate tax rates for cryptocurrency issuers
Japan’s ruling party approved a proposal that exempts companies issuing crypto from taxes on unrealized gains on retained tokens.
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Markets: Bitcoin, Ether fall with equities as concerns about recession knock Wall Street lower
Bitcoin and Ether prices fell Friday morning in Asia, along with most of the top 10 non-stablecoin crypto, as U.S. stocks had their biggest declines in weeks.
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Animoca founder says Asia is ‘moving on’ from FTX fiasco
Asia’s cryptocurrency community is “on the path of moving on” from the FTX fiasco, following the arrest of FTX founder Sam Bankman-Fried, said Yat Siu, cofounder and chairman of Hong Kong-based blockchain gaming studio and venture capital firm Animoca Brands.
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Markets: Bitcoin, Ether fall; Solana rises as top 10 cryptos retreat
Bitcoin and Ether weakened in Asian trading on Thursday afternoon, with Solana rising amid drops across other top 10 non-stablecoin cryptocurrencies