Lens
Regulation
Thailand has axed plans to apply a 15% withholding tax on crypto transactions after a backlash from crypto traders within the country, the Financial Times reported. Fast facts Last week, Thailand’s financial authorities announced plans to tighten regulation on the industry — including the 15% tax — aimed at limiting the widespread adoption of digital […]
Lachlan Keller
Altcoins
Phantom announced that it has raised US$109 million in Series B funding led by investment firm Paradigm to raise its valuation to US$1.2 billion, the Solana-based crypto wallet announced on Monday. Fast facts Its app also launched for iOS devices on Monday after its browser extension wallet on Solana gained nearly 2 million monthly users […]
Lachlan Keller
Altcoins
South Korean game developer Netmarble announced its crypto and play-to-earn (P2E) strategies at a press conference on Thursday, including plans to issue its own cryptocurrency. Fast facts Netmarble CEO Kwon Young-sik said the company is preparing to issue and list a crypto token that would act as a key currency for Netmarble games. Netmarble has […]
Danny Park
Investment Insights
Apple is planning a new service that will allow small businesses to accept credit card payments directly on their iPhone without additional hardware, according to a report by Bloomberg. Fast facts Apple’s move has stoked speculation that the company may be paving the way for its devices to also allow crypto payments in the future. […]
Lachlan Keller
Regulation
With new products and services being launched and international exchanges setting up camp, crypto startups thrive despite the shadow of a crypto ban.
Monika Ghosh
Regulation
The Russian finance ministry called for the regulation of cryptocurrencies on Tuesday, opposing the central bank’s proposal last week to ban crypto mining and usage. Fast facts Ivan Chebeskov, director of the finance ministry’s financial policy department, told Russian outlet RBC that a ban on crypto transactions and mining could hamper the country’s growth in […]
Lachlan Keller
Bitcoin News
The global cryptocurrency market rose along with smaller gains in the broader equity and bond markets in the aftermath of a Federal Reserve Open Market Committee statement Wednesday afternoon that it would leave interest rates untouched at near zero but expects to raise them soon. As the market digested the latest report, prices began trending […]
Jeanhee Kim
Regulation
The amount of cryptocurrency used in money laundering activities increased 30% in 2021 compared to the year before, but represents a smaller portion of total transactions, according to an annual crypto money laundering report by Chainalysis, a blockchain data analytics firm. Fast facts Cybercriminals laundered US$8.6 billion worth of cryptocurrency last year, with the total […]
Dylan Butts
Market Analysis
Top blockchain and crypto news: Market chills make investors shiver. Hacking storm at OpenSea. Has Beijing tamed NFTs?
Forkast.News
Regulation
Boston Consulting Group (BCG), one of the Big Three global management consulting firms, says the South Korean crypto market will be worth around 1,000 trillion won (about US$835 billion) in 2026, while calling for a brand new regulatory framework. Fast facts The number comes from BCG Korea’s Future of Asset 2022 report, which said South […]
Danny Park
