September 2021
China fallout hits mining; Korea digital custody competition heats up
China fallout hits mining meanwhile Korea digital custody competition heats up
Ant Group and Tencent obtain the most blockchain patents in China: report
China saw a fivefold increase in blockchain patents last year despite the Covid-19 shutdown.
IOHK has big plans for Cardano, including Dish, Chainlink partnerships
At the Cardano Summit over the weekend, IOHK founder Charles Hoskinson revealed a slew of partnerships and other developments for the Cardano blockchain
Damage to South Korean crypto market limited despite mass closure, regulator says
South Korea’s virtual asset industry is expected to withstand major regulatory reconstruction
FTX CEO: This is the canary in China’s crypto ban coal mine
Amid China’s new clampdown, why is DeFi surging and the RMB-to-crypto market important? Sam Bankman-Fried analyzes what it all means and why FTX is leaving Hong Kong for a new home.
Chinese crypto exchange Huobi looks to the world as China shuts the door on crypto
Huobi’s diversified businesses outside of China reached nearly 70% in terms of trading volumes, and have been on the rise, its co-founder tells Forkast.News.
China’s crypto ban: what you need to know
How is China’s latest clampdown on crypto different from its previous bans — and how do authorities plan to catch the scofflaws? Henri Arslanian of PwC breaks it down.
Bhutan to adopt Ripple’s XRP technology for CBDC pilot
Ripple’s win in Bhutan comes as it suffers a setback in a US court as judge rebuffs Ripple’s request for SEC’s internal trading decisions over XRP.
India may not be ready to follow El Salvador’s lead, but don’t rule out cryptocurrency, finance minister says
Nirmala Sitharaman says ‘a futuristic thing can’t be shut out’ as the country considers crypto regulation, including a possible blanket ban.
Upbit becomes South Korea’s first newly registered crypto exchange
Upbit can operate as a virtual monopoly as it becomes the country’s first licensed business to handle cryptocurrencies.
Boba network announces mainnet launch of layer 2 optimistic rollup
ETH 2.0 is expected to address transaction speeds and gas fees on the world’s number two blockchain, but a growing number of layer-2 protocols are looking to solve those issues today.
India’s largest public bank bars payments to crypto exchanges
Most banks distance themselves from virtual asset platforms as the country’s central bank lobbies for a ban.
Crypto exchange Binance wants centralized headquarters amid regulatory heat
Under scrutiny around the world, the largest cryptocurrency exchange wants to do a better job engaging with regulators.
Why Cardano’s Charles Hoskinson says DeFi is ‘up for grabs’
As Cardano’s Alonzo upgrade goes live, founder Charles Hoskinson of IOHK calls DeFi a ‘bubble.’ How does he think the regulation that is sure to come will reshape DeFi in the future?
Canaan reports record revenues; Korea says no to crypto tax delay
Canaan reports record revenues meanwhile Korea says no to crypto tax delay
Canaan sees strongest ever quarterly sales results
Leading Chinese crypto mining hardware manufacturer attributes robust revenue to ‘substantial increase in total computing power sold.’
China’s blockchain infrastructure project goes live in Hong Kong, Macau
Blockchain-based Service Network (BSN) soft launch is the first attempt to roll out the state-backed ‘internet for blockchain’ outside of the Chinese mainland.
Litecoin unloved at Walmart. Cardano’s Alonzo upgrade. China takes aim at NFTs.
Top blockchain and crypto news: Walmart dispels Litecoin hoax. Cardano’s real work begins. Beijing bears down on NFTs.
FTX hit by hack rumor; Korea updates crypto death note
FTX hit by hack rumor meanwhile Korea updates crypto death note
Walmart, FTX and Animoca Brands hit by crypto misinformation
Scams and fake news have long dogged the crypto world. This week saw two major blockchain companies and a global retailer get swept up by hack rumors or hoaxes.
What are smart contracts and what are they used for?
In this Forkast.News explainer, learn why blockchains with smart contract capability are surging in popularity and the new darlings of investors.
Cardano smart contracts set for Sunday: CrossTower launches in India
Cardano smart contracts set for Sunday also CrossTower launches in India
‘Pororo the Little Penguin’ NFTs and metaverse theme park underway
The Sandbox, Animoca Brand’s subsidiary for decentralized virtual gaming, announces partnership with animation studio in Korea.
SEC pushes back on Ripple’s legal questions over XRP
Ripple wants to know how SEC regards Bitcoin, Ether and XRP, but SEC says Ripple is repeating the same questions as ‘they do not like the answers they received.’
Binance Smart Chain one year on — from DeFi to NFTs and gaming
Have DeFi exploits on BSC hindered the blockchain’s success? NFTs and gaming offer a boost.
SEC threatens to sue Coinbase over high-yield savings account
Crypto platform CEO claims regulators use ‘intimidation tactics behind closed doors’ by refusing to provide clarity.
Solana hits all time high: FTX’s NFT marketplace spammed
Solana hits all-time19 high as FTX’s NFT marketplace spammed
FTX’s NFT platform spammed by fish; SBF’s test NFT sells for $270,000
FTX is the latest crypto exchange to join the NFT bandwagon. “Make your own NFTs,” CEO Sam Bankman-Fried tweeted.
Korean exchanges offered lifeline; NFL bans crypto sponsorships
Korean exchanges offered lifeline while NFL bans crypto sponsorships
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.
So, no ban? India’s crypto bill will treat virtual currencies as commodities in the asset class
The veil of uncertainty that has shrouded crypto regulatory discussions seems to be lifting, but how the government will regulate and tax digital money remains to be seen.
Deadline looms for Korean exchanges; Doge meme tokenization explodes
Deadline looms for Korean exchanges as Doge meme valuation explodes
SEC wins access to Ripple’s Slack message for XRP lawsuit
Overruling Ripple’s objections over cost, a judge gives the SEC a green light to review more XRP-related Slack communications.
India crypto exchanges allow bank deposits; FTT token on a roll
India crypto exchanges allow bank deposits while FTT token on a roll
Jack Dorsey’s Bitcoin bourse. Are NFTs in bubble trouble? China banks on e-CNY.
Top blockchain and crypto news: Does TBD stand for Twitter Boss Decision? NFTs’ ballooning interest. How billions in e-yuan are coursing through China.
BSN to launch South Korea portal; Canaan secures huge rig order
China’s BSN to launch in South Korea portal as Chinese Canaan secures huge mining rig orders
Genesis Digital Assets signs deal for 20K mining machines to fuel growth in North America, Nordic region
The order follows a June purchase by Genesis of 10K machines from China-based Canaan, one of the world’s biggest Bitcoin mining rig makers
China’s state-backed blockchain network to expand to South Korea
As its first international expansion, China’s Blockchain-based Service Network is launching a portal in Korea. Who are the key players, and where else in the world will BSN emerge this year?
September 2021
Why Facebook’s Novi wallet could strike gold in SE Asia
Facebook’s Novi is ready to launch. Here’s why the Diem crypto wallet might find an especially warm welcome in places like the Philippines and Malaysia.