Articles filed under

Cryptocurrencies

1079 articles

July 2022

Bitcoin’s real role examined; 3AC’s complex ties revealed

A report says Bitcoin users are looking beyond investment. Meanwhile, court document reveals strong ties between 3AC and TPS Capital.

Bitcoin education accelerates adoption, lowers volatility: Ben Caselin, AAX

The price is bouncing back for the world’s favorite cryptocurrency and one Bitcoin expert tells Forkast now’s a good time to shift focus from price volatility to use cases.

Seeking Bitcoin alpha: How I learned crypto day trading

Hoping to strike crypto riches, Joel Stein follows the footsteps of a master degen investor. Here are the secrets revealed to him.

Celsius plans repayment options; Bitcoin breaks US$22,000

Celsius says users can settle for cash or go long on crypto. Meanwhile in the markets, Bitcoin breaks US$22,000.

The Lummis-Gillibrand bill could reshape global crypto regulations

As a world leader, the US now offers a regulatory template for crypto that others are sure to follow, writes Michael Shing of XREX. Here are the key provisions.

How the crypto winter is laying groundwork for Web3 to reach its potential

Digital assets are powering new industries, and DeFi will be the financial system of the future internet economy, writes Alex Tapscott in his new book, ‘Digital Asset Revolution.’

Crypto trading volumes tank; India’s crypto info call to G20

Crypto trading volumes plummet as the crypto winter continues. Meanwhile, India calls on G20 to share information on crypto.

Celsius reveals US$1.2B financial hole; Terra subsidiary investigated

Celsius reveals it has a US$1.2 billion hole in its balance sheet. Meanwhile, a Terra subsidiary is under investigation by South Korean authorities.

The ‘CryptoArt’ Movement — It all started with Pepe | NFT Moments in History Ep. 7

Forkast x CryptoSlam! are proud to present Moments in NFT History — an explainer video series hosted by Forkast’s Joel Flynn that gives you a front-row seat to history-in-the-making. NFTs are defining what an artistic piece is in the digital age by allowing artists to open brand new frontiers and pushing the boundaries to challenge […]

Celsius files for bankruptcy; Crypto unfazed by US inflation

Celsius files for bankruptcy despite having paid off millions in loans. Meanwhile, the crypto market sees green despite US inflation rates.

Questions over Circle’s USDC reserves linger despite assurances

Fresh claims that emerged over the weekend about the status of Circle’s USDC reserves cast doubts on the ability of the so-called stablecoin to maintain its peg. In a deep dive, Forkast examined the allegations and reached out to the company for its version of events.

Ethereum will soon turn 7 — and its upcoming ‘Merge’ will be well worth the wait

The ‘Merge’ will have a major impact on the Ethereum ecosystem and beyond, and getting it right is more important than speed, writes Kevin Loo of IDEG.

Will Mt. Gox Bitcoin eruption smother hopes of rapid crypto recovery?

Top blockchain and crypto news: Payback time for Mt. Gox investors. USDC issuer strikes back as critics circle. Chinese bank fiasco hits a nerve.

Bitcoin below US$20,000; Voyager refund questions

Bitcoin once again falls below the US$20,000 mark. Meanwhile, Celsius pays over US$113 million in debt and recovers more.

Financial Stability Board calls for high regulatory standards for stablecoins

The failure of a crypto market player may have spillover effects on traditional finance such as short-term funding markets, says the Basel-based international body.

Inter-country use key for CBDCs to reach potential: report

For central bank digital currencies to enhance cross-border payments, issuing institutions must take functionality into account to avoid unintended barriers, a joint report by three international financial bodies says.

Why Singapore needs to rethink its approach to regulating crypto

Singapore wants to attract institutional capital while shielding its people from crypto — but it can’t have it both ways, writes Donovan Choy.

CoinFLEX enters arbitration; Mt Gox dump fears

CoinFLEX’s deficit rises to US$84 million as it enters arbitration. Meanwhile, a report claims Celsius Network had lost over US$350 million in DeFi.

Why Bitcoin is still a good investment despite the bear market

BTC remains a safe haven for investors for the long term amid this year’s soaring inflation and market volatility, writes Josef Tětek of SatoshiLabs.

Bitcoin, Ethereum rebound pulls back amid worries of BTC dump from Mt. Gox, Celsius

Gains made by two of the world’s largest cryptocurrencies were partially eroded as speculation of a glut of Bitcoin from Mt. Gox’s customers and creditors and Celsius Network’s payback of its debt circulated over the weekend.

Stablecoins, USDC and the ‘Circle of trust’

Investor confidence in stablecoins has plummeted since the Terra fiasco. Circle’s chief of finance assesses how they’re holding up amid a barrage of “FUD”.

Bitcoin briefly above $22,000; Binance Philippines ban urged

Bitcoin briefly returns to the US$22,000 mark. Meanwhile, InfraWatch PH calls for a ban on Binance in the Philippines.

Vauld buyout talks; Celsius fights against bankruptcy

Crypto exchange Vauld is in buyout talks with Nexo. Meanwhile, other exchanges are in a fight against bankruptcy as Celsius pushes on despite short squeeze.

Crypto’s biggest problem is not volatility, but scalability

Notwithstanding this bear market, Web3’s more pressing issue is its inability to handle large volumes, writes Greg Gopman. Can sidechains offer a solution?

MAS mulls crypto limits; Pacquiao’s Pacman NFTs

Singapore’s monetary authority mulls on crypto limits. Meanwhile, Manny Pacquiao drops his NFT collection despite the crypto winter.

Crypto winter hits NFTs; Three Arrows Capital files for bankruptcy

Three Arrows Capital files for bankruptcy in the US. Meanwhile, SBF and FTX agrees deal with option to buy for up to US$240 million.

FastForkast headlines

Polygon’s ZK solution aims to slash current layer 1 Ethereum network costs by 90%

S.Korea prosecutors raid crypto exchanges as part of Terra-LUNA investigation

Singapore crypto lender Vauld reportedly owes retail investors US$363 million

Crypto trading volumes in India recover

Sam Bankman-Fried says ‘moderately bad’ deals OK during bailouts

Dubai scorches crypto winter with plans to support 40,000 ‘virtual jobs’

US crypto bill may not pass the Senate this year, Lummis says

More than half of Bitcoin investors in SE Asia use the crypto to preserve wealth: report

Singapore’s MAS to further strengthen crypto regulations

Ethereum price breaks US$1,600, Ethereum Classic surges 22%

India’s crypto industry plans new liaison group

India says a crypto ban would require international collaboration

Crypto startup funding falls by 26% in H1 2022: report

Crypto trading volumes dip to 18-month low amid bear market

India’s finance minister calls on G20 to share information on crypto

Circle’s reserve breakdown shows US$13.58B cash and US$42.12B U.S. Treasurys

Terra subsidiary used as funds channel for overseas affiliates: report

India’s industry body dissolves its crypto advocacy council

Eth2 merger closer as ninth shadow fork goes live

Bitcoin hashrate slumps to lowest in over five months amid 100-degree-plus weather in Texas

MATIC crypto skyrockets as Polygon joins Disney accelerator

Bitcoin bounces back after US reports worst inflation in 41 years

Court gives liquidators green light to claim 3AC assets

Celsius pays off USDC loan on Aave, unlocks over US$41 7 mln in collateral

Lightspeed launches US$500 mln fund for India, SEA

Vitalik Buterin defends Ethereum ahead of merge; ‘not a security’

Celsius repays over US$113 mln in debt; recovers US$122 mln in collateral

Bitcoin miners in Texas halt operations amid heat wave

CrossTower in pact with Ripple to offer NFTs on XRP Ledger

Bitcoin price sinks below US$20K, erases weekly progress

Crypto investments to count when determining conflict of interest: US gov’t ethics watchdog

DTI says no legal basis to ban Binance in the Philippines

India’s Directorate of Enforcement said to question crypto exchanges

US credit union lobby group says cost of developing CBDCs outweighs benefits

Bitcoin price crosses US$22K; Fed cools recession fears

South Korea may team up with US to investigate crypto crimes

Voyager faces delisting from Toronto Stock Exchange after bankruptcy filing

China’s BSN says daily NFT transactions surpass Ethereum

South Korea’s Uprise said to have lost US$20 mln in client funds on LUNA short

‘Wolf of Wall Street’ says Bitcoin investments will be profitable in three to five years

Nexo in talks to buy out Vauld

Celsius repays debts, cuts jobs amid bankruptcy fears

Can Cardano pack a punch with Pacquiao NFTs?

Vauld halts withdrawals, trading, deposits; explores restructuring

Singapore may limit retail participation in crypto

Crypto lender CoinLoan reduces its daily withdrawal limit by 99%