Chasing my first crypto wallet down a rabbit hole
In Part 1 of a special Forkast series, crypto newcomer Joel Stein dips a toe into Bitcoin and Doge by opening his first-ever crypto wallet.
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SFC allows HK’s MaiCapital to manage 100% digital-assets portfolio
The development allows the city to emerge as a top destination for asset managers looking to launch cryptocurrency-themed funds for professional investors. See related article: More traditional investors are eyeing cryptocurrency to diversify their portfolios Fast facts The Securities and Futures Commission (SFC)-licensed blockchain and virtual assets manager can manage portfolios that may comprise up…
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India tax breaks crypto’s back
Trading volumes at India’s major cryptocurrency exchanges slumped to their lowest in years after new taxes kicked in on April 1, according to research by Crebaco. See related article: Coinbase’s India launch hits road bump Fast facts U.S. dollar trading volume dropped by 72% on WazirX, 59% on ZebPay, 52% on CoinDCX and 41% on…
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Indian e-wallet provider MobiKwik yanks crypto support
Indian e-wallet service provider MobiKwik withdrew support for crypto exchanges from April 1, local media report. See related article: Coinbase’s India launch hits road bump Fast facts MobiKwik’s withdrawal comes as the National Payments Corporation of India (NPCI) distanced itself from offering a payments gateway to Coinbase. NPCI developed and operates India’s ubiquitous Unified Payments…
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European Union to track all crypto transfers
European lawmakers have voted to introduce new legislation designed to stop illicit flows amid industry pushback claiming the measures will stifle innovation and infringe on privacy. See related article: EU votes against de facto Bitcoin mining ban Fast facts The proposal requires crypto service providers to collect information on senders and beneficiaries in all crypto…
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FIFA, Crypto.com set Qatar World Cup sponsorship deal
Adding to its ambitious roster of sports sponsorships, Crypto.com will be the exclusive cryptocurrency trading platform backing the Qatar World Cup after bagging the deal for an undisclosed amount, the international soccer association announced on Wednesday, Asia time. See related article: Crypto.com discloses details of US$34M hack Fast facts Singapore-based Crypto.com stands to gain massive…
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Crypto is playing a prominent role in the Ukraine War — on both sides of the conflict
Amid Russia’s invasion of Ukraine, two divergent narratives about crypto are being told, writes Alex Tapscott. Which version is correct?
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Which altcoins will take center stage in 2022?
Investors believe Bitcoin will stand its ground this year but in the altcoins world, some rising stars are brimming with potential.
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Oracles are vital to DeFi. Here’s how they are evolving
In an era when anyone can claim anything as ‘truth,’ it’s more important than ever for oracles to be trustworthy and secure, writes Hart Lambur of UMA.