Swift, Chainlink to test blockchain token transfers with at least 12 major banks
The Society for Worldwide Interbank Financial Telecommunication (Swift) and blockchain data provider Chainlink will work with more than 12 major banks across the world to test the use of existing Swift infrastructure to transfer tokenized assets across public and private blockchain networks, Swift said on Tuesday. See related article: SWIFT, Chainlink announce cross-chain interoperability partnership […]
Chainlink, green asset exchange MVGX to explore crypto carbon trading
Singapore blockchain-based carbon credits exchange Metaverse Green Exchange (MVGX) will partner crypto data provider Chainlink to explore tokenized carbon trading.
SWIFT, Chainlink announce cross-chain interoperability partnership
Interbank messaging system SWIFT has partnered with crypto data provider Chainlink for an initial proof of concept to use cross-chain interoperability protocol (CCIP) for on-chain token transfers, Sergey Nazarov, Chainlink’s cofounder announced at the SmartCon 2022 conference on Wednesday. See related article: Chainlink joins Hedera council in push to link DeFi with traditional finance Fast […]
IOHK has big plans for Cardano, including Dish, Chainlink partnerships
At the Cardano Summit over the weekend, IOHK founder Charles Hoskinson revealed a slew of partnerships and other developments for the Cardano blockchain
Chainlink joins Hedera council in push to link DeFi with traditional finance
Chainlink, a data oracle, has joined the Hedera Governing Council, which oversees the distributed governance of the Hedera network, an enterprise-grade public network for the decentralized economy.
Chainlink among top crypto performers in October—Fintech Advisory Services report
The Fintech Advisory Services monthly report details the main crypto-metrics and indicators for the past month: News, Market Performance, Networks, Mining Activity, Public Sentiment, and Academic Publications. The report also covers the latest “Hot Topics” in the crypto space. This month: Facebook’s Libra, Telegram’s TON, China’s CBDC, and quantum computing.
Bitcoin, Ether fall; most top 10 cryptos rise following SEC’s lawsuit against Coinbase
Most top 10 cryptos rebounded, despite the SEC suing Coinbase exchange a day after it sued Binance’s U.S. arm.
MetaComp becomes the latest crypto exchange to receive Singapore license
Singapore-based crypto exchange MetaComp has been granted Singapore’s license, enabling it to offer digital asset exchange and custody services to institutional investors.
CBDCs, tokens can integrate to existing payments systems, SWIFT claims
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) said it had a breakthrough in enabling assets on distributed ledger technology networks, such as central bank digital currencies (CBDC) and tokens on the blockchain, to interact and flow with the existing financial infrastructure. See related article: SWIFT, Chainlink announce cross-chain interoperability partnership Fast facts In one […]
US$4B in money laundering happened on DEXs, bridges and coin swaps: Elliptic
Criminals have used decentralized exchanges (DEX), cross-chain bridges and coin swap services to launder more than US$4 billion worth of illicit crypto gains, according to a research report by blockchain analytics firm Elliptic. See related article: SWIFT, Chainlink announce cross-chain interoperability pact Fast facts See related article: Chainalysis says $2 bln stolen in cross-chain bridge […]
Seeking Bitcoin alpha: How I learned crypto day trading
Hoping to strike crypto riches, Joel Stein follows the footsteps of a master degen investor. Here are the secrets revealed to him.
Terra’s Mirror Protocol fixes exploit that drained more than US$2 million
Whether the fixing of a pricing error by Mirror Protocol, the decentralized finance (DeFi) application built on Terra Classic, will help prevent a drainage of the pool similar to last year will only be known by the end of U.S. trading hours on Tuesday. See related article: Winning back the trust of the Terra community […]
What’s the solution to Terra’s UST and LUNA crisis?
Terra’s LUNA and UST stablecoin implosions are roiling the crypto world and beyond. Picking up the pieces won’t be easy — nor finding a good path forward.
What is the metaverse and are we already living inside it?
The metaverse is envisioned as the next iteration of the internet, introducing an immersive digital universe. Find out what this means for the future of our online lives — beyond all the marketing hype — in this Forkast.News explainer.
The top 5 ‘Ethereum killers’ of 2021
Ethereum was game-chaging at its 2015 launch, but today it’s showing its age. As Eth2 upgrades slowly unfold, who are the top rivals trying elbow out the #2 blockchain?
NBA is taking the lead with blockchain, crypto
The National Basketball Association has been ahead of the game in crypto adoption, but after a week of major developments, the league is now way out in front.
What is Polygon (MATIC) — ‘Ethereum’s internet of blockchains’?
Polygon envisions a world where value can be exchanged without borders. In this Forkast.News explainer, find out how Polygon works and why its MATIC token is defying crypto market gravity — again.
Back up Hong Kong: How blockchain has quietly become history’s hard drive
In a city where memories disappear every day, people are turning to blockchain to preserve news archives — so the first drafts of history will survive.
Ethereum price touches new all-time high in altcoins rally
Ethereum prices surged to new heights ahead of next week’s Altair Beacon Chain upgrade but then pulled back. How do crypto experts make sense of it?
Why Cardano’s Charles Hoskinson says DeFi is ‘up for grabs’
As Cardano’s Alonzo upgrade goes live, founder Charles Hoskinson of IOHK calls DeFi a ‘bubble.’ How does he think the regulation that is sure to come will reshape DeFi in the future?
C.R.E.A.M. Finance integrates 6 NFT tokens as part of DeFi bridge strategy
C.R.E.A.M. Finance, a Taipei-based decentralized finance (DeFi) lending platform, on Sept. 8 announced its support of six metaverse and non-fungible tokens (NFTs) that will allow users to borrow and lend against the assets. Fast facts NFTs, unique digital assets whose authenticity and ownership are tracked on a blockchain, have seen exponential growth over the past […]
New Korean DeFi service launches to increase scalability of ‘Kimchi coins’
Donkey, launched Sept. 1, aims to become a DeFi service that brings more South Korean investors into decentralized finance by making their favorite cryptos more scalable and available. Fast facts Donkey is a virtual asset deposit and lending protocol that runs on the Ethereum blockchain where anyone can deposit crypto as collateral and borrow other […]
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.
What are ‘Ethereum killers’ and what are their prospects with Eth2 under way?
With Ethereum 2.0 still in development, rival blockchains like Cardano, Binance Smart Chain, Solana and Polkadot are hot on Eth’s tail. Who might prevail, and why?
Binance bans derivatives in Hong Kong: Ethereum fork boosts trading
Binance bans derivatives in Hong Kong while Ethereum fork boosts trading
Ethereum rising: 3 reasons why Ether’s price could soon break $3,000
Will Google greenlighting US crypto ads, Ethereum’s London upgrade and clearer regulations pave the way for another Ether price rally?
PayPal unveils plan to greatly expand crypto services
PayPal customers will soon have access to a greater range of crypto services through the global payment platform, CEO Dan Schulman said during PayPal’s Q2 2021 investor update call yesterday. Fast facts Describing the upgrade as “code complete,” Schulman said the wallet should be fully available for customers in the Unite States in the next […]
The many benefits that blockchain can bring to the internet of things (IoT) | Part 3
Blockchain technology can make a big impact on the world we live in, according to authors Kosrow Dehnad and Joe Duncan. A prime example: Tesla’s driverless vehicles.
BlockFi ordered to stop offering interest accounts to New Jersey customers
U.S. crypto lending platform BlockFi has been ordered by the New Jersey Bureau of Securities to stop accepting new customers who are based in New Jersey for its interest-bearing accounts due to alleged violations of securities laws. The order takes effect from from July 22. Fast facts In a series of tweets, BlockFi’s CEO and […]
Grayscale launches new DeFi fund to woo investors seeking token-free exposure
Cryptocurrency investment manager Grayscale has started a fund focused on decentralized finance tokens and based on CoinDesk’s new DeFi-specific index, the company has said in an announcement. Fast facts The fund offers investors a selection of leading DeFi protocols through a market capitalization-weighted portfolio designed to track the index. It allows investors to allocate funds […]
Band Protocol launches Phase 2 to bring off-chain data to DeFi
Oracle platform Band Protocol is aiming to enable data providers like Google Cloud and Bloomberg to work better with decentralized applications.
Grayscale registers large-cap crypto fund with SEC
Grayscale Investments — the world’s largest digital asset manager — has registered its Digital Large Cap Fund with the U.S. Securities and Exchange Commission following the filing of a registration statement Form 10 last year. Fast facts The company has also announced it is filing three additional registration statements via the same form for the […]
Crypto prices continue to fall: Is the market ailing from the Covid Delta variant?
The price of Bitcoin and other cryptocurrency continue to slide as global failure to contain the Covid Delta variant lead to worries of another economic downturn.
Bitcoin and Ethereum see positive institutional investment flows as Grayscale adds Cardano to large cap fund
Institutional sentiment appears to be shifting back to being positive toward crypto as crypto investment products saw inflows of US$63 million for the first time in five weeks, according to a report by CoinShares, Europe’s largest digital asset investment firm. Previously, there were four straight weeks of crypto fund outflows. Fast facts: “For the first […]
Survey: 32% of novice traders only invested in crypto in past year
Nearly one in three novice traders reported making no traditional investments outside crypto over the past year, according to a survey published today by Overbit, a Singapore-based cryptocurrency exchange. In contrast, 85.3% of professional traders reported diversifying their investment portfolios to stock, real estate or other traditional assets. Fast facts: The survey of 3,000 traders […]
Grayscale eyes 13 more crypto assets including Polygon, Bancor
Institutional digital asset manager Grayscale announced today that it is exploring 13 more assets for its trusts, mainly related to decentralized finance.
Half of hedge funds are now investing in crypto, says PwC report
PwC and Elwood Asset Management have published their third annual report on the global crypto hedge fund landscape. Here are its findings.
Alpha Finance Lab launches oracle aggregator to boost scalability, flexibility
Alpha Finance Lab has developed an oracle aggregator with data from oracle providers Band Protocol and Chainlink to address challenges related to scalability, flexibility and security as the decentralized finance landscape continues its rapid evolution. A data oracle is a platform that combines and integrates real-world data and application programming interfaces that control smart contracts. […]
Filecoin’s crypto top 10 stint. Coinbase wows with earnings for Nasdaq debut. Japan opens door to CBDC.
Other top blockchain and cryptocurrency news: Hong Kong is new test bed for China’s e-CNY digital currency. Decentraland’s token bridge to Polygon.
China’s 5 hottest blockchain developments in 2020
With DCEP nearing launch, China is having a banner year in blockchain-related technologies. Here’s what’s hot in China and what’s too hot to touch.
Visa hops on USDC’s Eth2 wagon. China flexes DCEP digital currency in biggest test yet. Will US tighten Libra/Diem’s tether?
Other top blockchain and cryptocurrency news: S&P Dow Jones to launch crypto index. Walmart invests big in India’s PhonePe.
Ep. 35 | Filecoin launch hits miner turbulence. USDC adds Stellar to rely less on Ethereum. Associated Press to publish US elections data on blockchain.
Other top news: OKEx cryptocurrency exchange freezes services amid police investigation. Investors bet $100 million on ‘neobank’ Razorpay in India
How tokenization via blockchain can digitize assets and open up investment opportunities
Cryptocurrencies are enabling illiquid assets — like real estate, art and even pro athlete contracts — to be tokenized. What does this mean for investors?
Ep. 19 | Will PayPal and Venmo offer crypto trading? FC Barcelona kicks off fan token. USDC ditches Ethereum for Algorand.
Other top news: Chainlink embraced by China’s blockchain network. Could Justin Sun’s infamy outshine TRON 4.0? Fintech in Thailand and Singapore.
5 blockchain trends in 2020: Bitcoin halving, Libra, security tokens and more
Smith + Crown focuses its attention on headlines and projects it considers as key developments likely to prove influential in determining the course of blockchain events in 2020.