An open letter to Sen. Elizabeth Warren: Your shotgun approach to crypto is dangerous for America
FTX’s implosion is spurring a regulatory scramble to rein in the crypto sector. But one influential US lawmaker may do more harm than good, writes Kadan Stadelmann, CTO of Komodo.
Will Genesis meet its maker amid creditors closing in?
Top blockchain and crypto news: Genesis bankruptcy begins. FTX chief ponders a reboot. China’s CBDC gets a smart-contract upgrade.
Why Islamic finance is thriving despite global market storms
While much of the world economy remains mired in winter doldrums, it’s springtime for the Islamic finance sector. Mohammed AlKaff AlHashmi of Islamic Coin explains why.
India’s CoinDCX exchange says crypto tax rules are reducing government revenue
India announces its full year budget on Feb. 1, the last before general elections in 2024, and the cryptocurrency and digital asset industry is lobbying the government for changes in tax rules, among others.
Why Europe’s DORA regulation is a band aid but not a cure
EU’s new Digital Operational Resilience Act aims to help firms withstand cyberattacks. Monica Oravcova of Naoris Protocol explains why it doesn’t go far enough.
2023 Should be the Year of Web3 Security
Despite 2022’s turbulent impact on the crypto industry, Immunefi CEO Mitchell Amador believes this year could encourage better Web3 security.
Weekly Market Wrap: Bitcoin up over 21% in best weekly performance since Feb. 2021. Bull run or bull trap?
Bitcoin’s price has had its best weekly run up since February 2021 in the seven days through Jan. 18, but is that the start of a bull run or setting up the optimists for a sucker punch? Experts share their predictions with Forkast.
Stuck in stone? Why DLT transactions should be reversible
Why insist that ‘code is law’ when the reality is riddled with human error, sloppy design and tampering? Paul Madsen of HBAR Foundation reexamines one of the central tenets of blockchain technology.
Genesis, Gemini face US charges over unregistered securities sales
Top blockchain and crypto news: SEC frowns on Genesis, Gemini. Solana soars. Will China tighten its embrace of WeChat Pay and Alipay to push its CBDC?
China NFT platforms expand into Hong Kong in face of compliance risks on mainland
Hong Kong’s new digital asset-friendly policies could set the city up as the home for secondary NFT marketplaces from China as trading of ‘digital collectibles’ remains a gray area on the mainland.
It’s Ethereum forking time
Although investors fear the Shanghai upgrade brings selling pressure to Ethereum, Amber’s Justin D’Anethan shares why this can be a bull case for Ethereum.
What does the future hold for digital assets in 2023?
NFTs, tokenization and blockchain-based cross-border payments will see big paradigm shifts, but their success will depend on regulation, investment and adoption, writes Stephen Richardson of Fireblocks.
Weekly Market Wrap: Bitcoin rebounds above US$18,000, Ether gains over 13%
Bitcoin rallied above the US$18,000 mark for the first time in nearly a month. Is this the start of a bull run or just another relief rally on the back of easing inflation pressure?
Why is it harder to arrest Terra-Luna founder Do Kwon than FTX’s Sam Bankman-Fried?
South Korea’s attempts to extradite the founder of the collapsed Terra-Luna stablecoin will remain hamstrung while the courts in Seoul dispute the charges against him.
Bankrupt FTX exchange has recovered US$5 bln worth of ‘liquid’ assets, lawyers say
The names of the crypto exchange’s 9 million customers and creditors will remain sealed from the public for at least three months.
How DeFi can overcome the stench of shitcoins and ponzinomics
DeFi Summer has cooled into Crypto Winter, but with a silver lining — investors are finally asking sensible questions like: ‘Where does the yield come from?’ writes Julian Koh of Ribbon Finance.
Digital Currency Group in spotlight over suspicious fund transfers
Top blockchain and crypto news: DCG under investigation. Lido DAO surges as Ethereum’s Shanghai upgrade looms. Hong Kong burnishes crypto credentials.
India’s CoinSwitch exchange to add non-crypto products amid punishing taxes on digital asset trading
Indian cryptocurrency exchanges faced a flurry of taxes on trading last year that saw volumes across most platforms drop as much as 90%, slashing income from trading fees. What’s a crypto exchange to do? Maybe sell mutual funds?