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Coronavirus prevention tips for the long haul: face masks, social distancing, hand wipes and more

Coronavirus fears spread panic as well as infection. Face masks, hand washing and social isolation are best practices.

SEC presses court over Binance.US compliance issues

The SEC alleges Binance.US has not fully complied with information requests regarding customer assets.

SBF trial drama fails to dampen Bitcoin’s meteoric October

Top blockchain and crypto news: Bankman-Fried’s memory lapses, betting on the return of NFTs, ETF dreams and Bitcoin’s Uptober

How blockchain can fortify children’s online safety

Colossal failures in online age verification have opened the floodgates for kids to access harmful content and become ‘friends’ with adult strangers. Can encrypted decentralized IDs put a stop to all that?

Bitcoin falls back to US$26,000, Ether nears ‘death cross,’ while investors await US jobs report for August

Bitcoin, Ether and other cryptos were down Friday morning. U.S. equities were flat as investors look towards August’s jobs report later Friday.

XRP triumphs over SEC, but crypto clarity remains in the shadows

Top blockchain and crypto news: Ripple not clear of hurdles | NFTs in historically slow period | Hong Kong banks dither

No surprise as Singapore, Thailand step up crypto regulation

Southeast Asia steps up regulation. No end in sight for NFT market decline. Voyager’s shrinking portfolio.

SEC lawsuit sees Binance.US wobble, trading platforms delist cryptos

Top blockchain and crypto news: Binance.US at risk. Ex-SEC official’s comments complicate Ripple suit. Hong Kong lawmaker aims to entice exchanges.

In battle to be Asia’s crypto hub, which city will emerge victorious?

Top blockchain and crypto news: Asia’s crypto hub race. Is US debt ceiling fight a boon or a bane for crypto? China’s red carpet for metaverse investment.

Hong Kong? Singapore? Tokyo? Seoul? Dubai? The race is on for the Web3 hub of Asia | Part 1

As U.S. regulators file lawsuits against cryptocurrency platforms, prompting some digital asset companies to seek more favorable jurisdictions, a fleet of cities in Asia are putting out the welcome mat, seeking to attract the jobs and investment that Web3 technologies promise. Right now, Hong Kong seems to be grabbing the limelight, but it has competition.

 It’s a fight for the future of money in the US, says Christopher Giancarlo

The U.S. is resisting digitization of the dollar due to it being a threat to the country’s dominance over traditional financial system, said Christopher Giancarlo, former chair of the Commodity Futures Trading Commission (CFTC) and author of “Crypto Dad: Fight for the Future of Money.”

Coinbase sues SEC in bid for clarity on crypto rules

Top blockchain and crypto news: Coinbase in court to force SEC’s hand. PEPE surge lifts memecoin mood. China paves CBDC path with payroll.

Bittrex cryptocurrency exchange rejects U.S. SEC charges it offered unregistered securities

Seattle-based crypto exchange Bittrex Inc. has rejected charges by the U.S. Securities and Exchange Commission (SEC) that it and co-founder Bill Shihara operated an unregistered national securities exchange, broker and clearing agency. The SEC filed the charges on Monday. See related article: U.S.-based cryptocurrency exchange Bittrex lays off 83 employees Fast facts See related article: U.S. SEC […]

Arbitrum’s AIP-1 proposal to be split after community backlash

Top blockchain and crypto news: Arbitrum to segment AIP-1. DeGods NFT collection moves to Ethereum. Crypto on the agenda at ‘China’s Davos.’

Centralized intermediaries were cause of crypto failures in 2022, says Voorhees

If there was a lesson from the crypto implosions of 2022, it is the demonstration of the superiority of open code and decentralization over central intermediaries, argues Voorhees at DC Blockchain Summit.

Silvergate teeters as regulators circle and crypto firms cut ties

Top blockchain and crypto news: Silvergate woes spark bankruptcy talk. LDO dips on false enforcement rumors. Chinese leaders push digital development.

Why crypto offers great career opportunities for talented women

The blockchain sector’s gender divide is narrowing. Its newness and founding ideals also allow for more flexible workplaces, writes Anastasia Kor of Choise.com.

Binance makes Korea comeback with GOPAX acquisition

Top blockchain and crypto news: GOPAX deal sees Binance return to South Korea. Inflation fight spooks crypto markets. Chinese liquor giant gives cheers to NFTs.

Markets: Bitcoin, Ether fall with bearish U.S. equities, but Bitcoin long bets jump

Bitcoin and Ether dipped in Tuesday morning trading in Asia along with all other top 10 non-stablecoin cryptocurrencies as Wall Street fell overnight on concern the Fed may crank up interest rates for longer than expected.

US bill set to demand know-your-customer from crypto companies

Top blockchain and crypto news: US senators push for crypto KYC. SBF faces the music in US courts. Alibaba Cloud to launch blockchain node.

Markets: Bitcoin, Ether rise in slow trading, Solana gains on Web3 game partnership

Bitcoin edged up above US$17,000 in Wednesday morning trading, a level it has fluctuated around for much of the past week.

FTX liquidity crunch leads to contagion fears; Friday updates and running commentary

The following is a running compilation of views and comments on the possible short- and long-term outcomes of FTX’s liquidity crunch.
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Binance set to swallow FTX as run on exchange allows CZ to swoop

Top blockchain and crypto news: FTX concedes defeat in long battle with Binance. Crypto eyes Congress races. Hong Kong U-turns on digital assets.

How sustainable is that fast-fashion minidress? Blockchain can help you find out

Fashion’s ‘greenwashing’ scandals could be a thing of the past if blockchain is used to hold companies accountable, writes Lars Rensing of Protokol.

Markets: Bitcoin, Ether rise along with all top 10 crypto as inflation sell-off turns bullish

Bitcoin rose in Friday evening trading in Asia to jump past its US$19,000 support line, with Ether and all other top 10 cryptocurrencies by market capitalization gaining, led by XRP.  See related article: Ethereum price undervalued since The Merge: report  Fast facts Bitcoin gained 3.33% in the past 24 hours to trade at US$19,647 at […]

Temperatures rise over alleged Celsius withdrawals ahead of bankruptcy

Top blockchain and crypto news: Celsius founder in hot water. European bank woes cast crypto shadow. Will BSN’s Chinese roots thwart its global ambitions?

China’s international blockchain push may face Huawei-like obstacles

China spent billions on its ‘belt and road’ infrastructure network to expand trade so what are its plans for a domestic and international digital infrastructure built on blockchain?

Australia gears up for state-backed digital currency trials

Top blockchain and crypto news: Digital dollar didgeridoos. Bitcoin softens as sterling sinks. ‘World’s dumbest’ crypto criminals nabbed in China.

Terra chief faces arrest as South Korea ramps up global manhunt

Top blockchain and crypto news: Where is Do Kwon hiding out? Ethereum Merge mood fading fast. China’s digital yuan draws scrutiny Down Under.

MicroStrategy and Michael Saylor sued by District of Columbia for evading taxes

The software enterprise company is accused of helping Saylor misstate his residential address to avoid paying taxes in a district where residents pay the most in federal taxes per capita.

Celsius files for bankruptcy after closing DeFi loans

The embattled U.S. crypto lender wants to continue certain operations during the restructuring process but customers will have to wait for the Chapter 11 proceedings to address their claims.

Tax, bear market temper India’s enthusiasm for NFTs

High taxes amid a bear market are tempering the enthusiasm for NFTs among Indians. But industry participants expect the country’s unique cultural and demographic characteristics to provide a long-term fillip to the industry.

Bitcoin investments will grow ‘immensely’: El Salvador president

El Salvador President Nayib Bukele took to Twitter on Sunday to reassure Bitcoin investors, claiming such investments are safe and will grow “immensely” after the bear market. See related article: El Salvador’s Bitcoin adoption, one week on Fast facts “My advice: stop looking at the graph and enjoy life. If you invested in #BTC your […]

Hold onto your crypto bags, the regulators are coming

Falling prices, an imploding stablecoin, and more reports of hacks have occupied the cryptocurrency headlines in recent weeks, so it’s perhaps no surprise that regulators have noticed and they intend to do something about it.

De-layered and durable: How DeFi will boost the finance sector’s resilience

As decentralized finance redefines the way money moves, a do-or-die moment is approaching for traditional finance sector businesses, says Anthony Scaramucci.

From in-print to online to on-chain: How will Web 3.0 reshape news media?

There’s never a dull moment in the news business. Now, as media outlets explore blockchain, the Associated Press’s Dwayne Desaulniers says more change is coming.

A marathon not a sprint: How the US can win the digital asset race

Joe Biden’s executive order on crypto has put America on course for solid success in the digital asset space, says the Blockchain Association’s Kristin Smith.

Mt. Gox may return Bitcoin worth over $6 billion, Karpeles says

The Japanese trustee for Mt. Gox is likely to distribute the remaining trove of Bitcoins held by the defunct cryptocurrency exchange sooner than later, former CEO Mark Karpeles tells Jake Adelstein in an exclusive interview for Forkast.

Collision or coexistence: Can CBDCs and crypto live side by side?

As more countries announce plans for central bank digital currencies, will that break crypto’s promise as the future of money?

AssangeDAO strikes crypto gold

WikiLeaks founder’s legal defense fundraising bonanza. Shiba Inu’s big new leap. NFT fever rises in China.

Are surveillance and taxation coming soon to a blockchain near you?

The US Infrastructure Act has provisions that should make crypto advocates shudder, writes Alex Shipp of Offshift. Who will stand up for crypto’s core values?

Unlocking the power of Bitcoin through smart contracts

As Ethereum has become the preferred blockchain for smart contracts, what’s the future of the Bitcoin blockchain?

Disrupting the status quo: Why the world needs decentralization

The familiarity of centralized systems may feel comforting, but decentralized technologies like blockchain are the wave of the future, writes Corey Petty of Status.

Fashion, art, games and community: What does a decentralized metaverse mean for you?

The idea of the metaverse has gone from the realm of science fiction to the latest business model of major companies from Facebook to Nike. What do metaverses powered by blockchain look like, and why is there so much interest in Decentraland?

Stablecoin toss to US Congress as regulators circle

Top blockchain and crypto news: Stablecoins at regulatory crossroads. Squid Game crypto players suffer shocking fate. Are metaverses China’s new national insecurity?

The crypto policy landscape and how to educate policy makers about Web 3.0 | Ep. 5

How the crypto economy is engaging with legislators, what policy makers need to know about Web 3.0 and what role the U.S. infrastructure bill has played in kickstarting better cryptocurrency education.

How China’s crypto clampdowns could reshape the rest of the world

Against the global tide of digital asset adoption, China’s harshest crypto ban yet heralds golden opportunities, writes Richard Byworth of EQONEX. Other governments should take note.

Former US Treasury advisor predicts no ‘real action’ from Fed on CBDC

While a US digital dollar is stuck at pole position, China’s digital yuan is nearing the finish line. Michael B. Greenwald of Tiedemann Advisors explains why it matters to the future global economy.  

Crypto markets plunge as roof falls in on Evergrande

Top blockchain and crypto news: Evergrande end-game roils crypto markets. SEC takes aim at stablecoins. How close is China’s digital yuan to the finish line?

NFL flags NFTs, crypto sponsorships for teams while it huddles on a digital game plan

The American football league’s 32 teams cannot sell NFTs or accept backing from crypto trading firms — at least for now.

How aggrieved traders are uniting against Binance after the crypto crash

Too small to fight as individuals, Binance users are now banding together to take on the world’s largest crypto exchange in arbitration. David Kay of Liti Capital explains how it’s done.

NFTs and the music industry: K-pop’s new token economy | Part 2

K-pop superstars Brave Girls, Se7en and A.C.E. are among the latest to jump on the non-fungible token bandwagon. Are fans buying it?
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Crypto miners set to be snared by U.S. infrastructure bill

A landmark US$1 trillion infrastructure bill moved one step closer to becoming law on Sunday, notably without carve-outs for cryptocurrency miners and network validators. What does it mean for the industry?

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?

Special Series, Part 3: Digital dragons and digital dollars

In the last installment of a 3-part series on blockchain in Asia, Forkast.News examines: Everyone knows money has value. But does it also have ‘values’?
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Special series, Part 1: China bets on the blockchain

Long before most governments, the Asian superpower saw the potential in Bitcoin’s technology to spawn the next internet and a new form of money.
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As DeFi swells past US$140 billion, FATF stokes worries over KYC/AML

Fast-growing DeFi — still a largely unregulated industry — gives FATF an earful over its proposed ‘travel rule’ and expanded anti-money laundering rules.

What is Coinbase really worth? XRP rallies with Ripple’s wins over SEC. HSBC bans MicroStrategy over Bitcoin embrace.

Other top blockchain and crypto news: HSBC bans MicroStrategy over Bitcoin affair. Tokenized TSLA and Coinbase COIN now on several crypto exchanges.

How blockchain can power the growth of green finance

As interest in green bonds grow around the world, Asia is emerging as a hotbed of sustainable finance. Here’s why China will be leading the way.

International Women’s Day 2021: Women making an impact in blockchain

Forkast.News showcases 10 inspirational women blazing trails — in business, government, law and NGOs — in crypto- and blockchain-related fields.

Using blockchain to bolster vaccines and trust in public health | Part 3

As Covid vaccines come to market, immunization programs are being undermined by disinformation and counterfeiting. Here’s how blockchain can help.

Blockchain, mobile apps and advances in Covid tracking and tracing | Part 2

Blockchain amplifies the value of Covid testing and makes contact-tracing more effective. Here are some programs and apps now in use around the world.

Cardano’s Hoskinson wants to win over Fortune 500 companies

Comparing countries like Ethiopia to ‘China in the 80s,’ Charles Hoskinson of IOHK explains Cardano’s Africa strategy and why the Fortune 500 needs crypto.

Bitcoin and ethereum prices roar into new year. Ripple XRP fans petition White House for mercy from SEC charges.

Other top blockchain and cryptocurrency news: China intensifies DCEP digital currency testing while Russia, Ukraine and Turkey join global CBDC race.

How blockchain is painting a brighter future for art in a Covid world

Blockchain crowdfunding, tokenized ownership and NFTs are creating new opportunities for artists and museums in a time of immense financial struggles.

Filecoin explained: Decentralizing cloud storage for Web 3.0

AWS is down again? Protocol Labs’ Filecoin — an ‘Airbnb for cloud storage’ — is a response to the risks inherent in centralized data storage and cloud giants

Esports gambling platform Unikrn settles with SEC for $6.1 million

SEC’s crackdown comes as more states permit online gambling, putting a further squeeze on the company once backed by celebrities like Ashton Kutcher.

US authorities are taking aim at DeFi. Are crypto loans next?

DeFi crypto lending — a loosely regulated industry that grew by 700% last year — is catching investor attention. What do the IRS and SEC think?

Face masks helped tame Covid in Asia. Why is the West in hysterics over masking up?

While Asia is united in masking up, US and Europe remain fractured over face mask use. A viral immunologist and face mask expert explains the deadly consequences.

SEC ‘Crypto Mom’ Hester Peirce: US will lose out in crypto innovations if regulations remain in limbo

The US is gold standard for global financial regulations. But if US does not get its act together over crypto, other nations will emerge as leaders in this growing space.

Covid-19 intensifies AI rivalry between China and US—at what cost to civil liberties?

While China is pushing more artificial intelligence surveillance technologies into law enforcement and everyday life, the US is having a rethink.

Five reasons why India is crying out for a crypto revolution

India could reap greater economic growth, cut down on corruption and more if it adopts a more progressive stance on cryptocurrency. A leading role in Asia is New Delhi’s for the taking.