Is crypto dead? No, but doomsayers may profit from your panic
A lack of regulations means anyone can say bad things about crypto to stir up fear — and push you to sell. Even if they stand to make money from your losses.
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What is XRP and what is Ripple?
Why has Ripple Labs been in the U.S. SEC’s crosshairs and what’s the difference between Ripple and XRP?
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NFT marketplaces ditching standard royalty fees labeled “short-sighted”
After Solana’s Magic Eden marketplace said it was bowing to pressure and making payment of royalties “optional” to NFT creators, industry insiders tell Forkast the policy is wrongheaded and damaging.
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JP Morgan appoints ex-Celsius exec to head crypto regulatory policy
JP Morgan Chase has hired former Celsius executive Aaron Lovine as executive director of digital assets regulatory policy, the latest move in the bank’s oscillating regard for the crypto industry. See related article: JPMorgan Chase executive says crypto usage for payments decreasing Fast facts A JPMorgan spokesperson confirmed the appointment after Lovine, who headed policy…
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Twitter user prevents 200 billion BitBTC bridge exploit, highlighting major vulnerability
A Twitter user highlighted a vulnerability in BitBTC’s Optimism bridge and averted what could have been the latest in a string of bridge exploits this month.
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Fidelity Digital Assets to allow clients to trade Ether
Fidelity Digital Assets will allow clients to trade Ether from Oct. 28, according to a company email shared by Fidelity’s customers via Twitter. See related article: Fidelity considers Bitcoin trading on brokerage platform: WSJ Fast facts Institutional investors will be able to buy, sell and trade ETH, the second-largest cryptocurrency by market cap. “With the…
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First Digital Trust says HK, Singapore can join hands on crypto initiatives
In a Q&A with Forkast, First Digital Trust Chief Executive Officer Vincent Chok shared his views on Hong Kong getting back into crypto, regulations, and how the crypto pie in Asia is big enough for rivals Singapore and Hong Kong.
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Terra CEO Do Kwon, wanted in South Korea, left Singapore and flew to parts unknown via Dubai
Kwon Do-hyung, the cofounder and chief executive officer (CEO) of Terraform Labs Pte. Ltd., also known as Do Kwon, left Singapore last month and landed in Dubai, United Arab Emirates, South Korean prosecutors confirmed with Forkast.
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Why local language education holds the key to crypto’s future
The crypto sector operates mainly in English, but more than 6 billion people — many of whom crypto would benefit the most — use other languages, writes Wei Zhou of Coins.ph.
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Markets: Bitcoin, Ether fall along with rest of crypto top 10; Uniswap gains
Bitcoin and Ether both fell in Thursday morning trading in Asia and with the exception of stablecoins, all other top 10 cryptocurrencies by market capitalization lost ground.