OpenSea dumps Pepe the Frog NFT series
Despite having verified it, and with investors already spending millions on the project, OpenSea has delisted the NFT series after being notified by its creator.
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Binance names new global anti-money laundering chief as it beefs up compliance efforts
Binance — the world’s biggest cryptocurrency by trading volume — today announced the appointment of Greg Monahan, a former U.S. Treasury criminal investigator, as its global anti-money laundering officer, according to a company statement. Fast facts Monahan’s appointment comes as Binance seeks to bolster its compliance efforts amid increasing scrutiny from regulators around the world —…
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BC Group’s OSL digital asset revenues jump 70% in first half
BC Technology Group, a Hong Kong-listed technology digital asset company and parent of OSL, the first licensed digital asset platform in the city, today announced that its group revenues rose 54% year on year to HK$153 million (US$20 million) in the first half of 2021, driven by a 70% increase in OSL’s digital asset business…
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Union Bank of Philippines partners with Hex Trust to enter digital asset ecosystem
Union Bank of the Philippines and Hex Trust, a Hong Kong-based digital asset custodian, today announced that the bank was partnering with Hex Trust to provide digital asset custody services to it as it enters the digital asset sector. Fast facts As part of the collaboration, Hex Trust will provide digital asset custody as an…
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How stablecoins can help investors weather crypto storms
Notwithstanding Iron Finance’s collapse, stablecoins can play important roles for consumers and the economy, writes Julian Hosp of Cake DeFi.
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India’s crypto sector on edge as bill that may lead to ban awaits cabinet approval
If cabinet approves crypto bill by November, it could be introduced as early as parliament’s winter session.
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Ripple decries SEC’s demand for employee Slack messages on XRP
Ripple claims the SEC’s request for 1 million more of the company’s internal messages is costly and unlikely to resolve disputes at the heart of the litigation.
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How NFTs could be the future standard for trading and investing
Non-fungible tokens are taking the art and collectibles world by storm. But more valuable uses for NFTs lie just around the corner, writes Ilja Laurs of Dappscape.
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Kakao to spearhead global expansion of Klaytn blockchain from Singapore
South Korean internet giant Kakao this week announced that its newly established non-profit entity headquartered in Singapore — the Klaytn Foundation — will lead the development and global expansion of the Klaytn blockchain, according to a company release. Fast facts The Klaytn Foundation, together with Krust, Kakao’s newly established global accelerator unit, and GroundX, which…
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What is Solana and why is it the hottest blockchain of the moment?
Solana prices are soaring to all-time highs and SOL is now a top-10 crypto. In this Forkast.News explainer, learn why investors are heaping love on this Ethereum rival.