Forkast.News is now Forkast Labs

April 2024

Tether becomes seventh largest Bitcoin holder

Stablecoin leader Tether acquires 8,889 units of Bitcoin.

Thai exchange Bitkub plans 2025 IPO

Thailand’s Bitkub aims for a 2025 IPO on SET to expand and compete in the global crypto market.

Telegram enables Toncoin for ad payments, shares profits with channels

Telegram introduces a new feature allowing channel owners to earn 50% ad revenue in Toncoin.

South Korea’s Upbit trading volume tanks

Upbit’s trading volume falls sharply from March’s peak amid market volatility.

March 2024

Dogwifhat climbs to third in memecoin market cap

Solana’s Dogwifhat surpasses Pepe, now third-largest meme coin by market cap, as Dogecoin community explores new ventures.

KuCoin launches US$10 mln airdrop campaign amid legal woes

KuCoin’s $10 million airdrop aims to retain users despite DOJ and CFTC charges.

Dune Analytics expands blockchain data with Tron integration

Dune Analytics partners with TRON, enhancing data access and offering a $650,000 prize for HackaTRON developers.

FrxETHRedemptionTicket leads NFT sales surge

Ethereum’s FrxETHRedemptionTicket tops NFT market with a significant sales increase in the last 24 hours.

Solana’s Froganas, Howdy Hats, lead NFT sales

Two of Solana’s up and coming collections lead the NFT market’s daily performance.

Bitcoin breaks US$70,000 amidst market optimism

Bitcoin surpasses US$70,000 after 9 days below the mark.

Cardano’s USDM stablecoin set for April retail launch

Cardano’s new USDM stablecoin, developed by Mehen Finance, is slated for a retail rollout in April.

UK court rules against Craig Wright’s Satoshi Nakamoto claim

Craig Wright is not Bitcoin’s creator, Satoshi Nakamoto, accourding to the High Court’s ruling.

Coinbase launches US$1 bln bond offering

Cryptocurrency exchange Coinbase Global, Inc. is set to raise US$1 billion through a bond sale.

Bitcoin ETFs hit record inflows, propel BTC to new highs

Bitcoin ETFs have seen unprecedented inflows, with a single-day record of over US$1 billion, as the cryptocurrency maintains record high prices.

Bitcoin extends ATH run, breaks US$72,000

Bitcoin trades above US$72,000 for the first time in its history.

Fed Chair Powell: No immediate plans for US CBDC

Jerome Powell assures Senate Committee that a U.S. central bank digital currency is not forthcoming, prioritizing privacy and banking system integrity.

Bitcoin briefly surges past US$70,000

Bitcoin sets a new price record for the second time this week.

Wormhole launches 617 mln token airdrop to boost decentralization

Wormhole’s airdrop of 617 million W tokens aims to decentralize governance and reward community engagement across multiple blockchains.

Hong Kong central bank unveils Project Ensemble for tokenization

The Hong Kong Monetary Authority launches a wholesale CBDC project to support tokenized asset transactions and financial innovation.

Pantera Capital targets US$250 mln Solana purchase from FTX assets

Crypto firm Pantera Capital aims to acquire $250 million in Solana tokens from bankrupt FTX’s holdings at a significant discount.

MicroStrategy boosts Bitcoin bet with US$700 million debt offering

MicroStrategy increases its convertible debt offering to US$700 million to fund additional Bitcoin acquisitions, reflecting confidence in cryptocurrency.

BlackRock leads Bitcoin ETFs with record inflows

Bitcoin investment vehicles, including ETFs, now manage over 1 million BTC, with BlackRock’s ETF seeing a record $788 million in inflows as Bitcoin hits a new all-time high.

Astar Network pioneers integration with Polygon’s AggLayer

Japan’s Astar Network launches Astar zxEVM, the first layer-2 chain to integrate with Polygon’s AggLayer, enabling seamless cross-chain transactions.

Bitcoin falls after setting new all-time high

Record trading volumes in Bitcoin ETFs reflect growing investor interest and market confidence.

Court rules ‘certain’ crypto as securities in Coinbase insider trading case

A U.S. judge’s ruling classifies crypto assets traded in secondary markets as securities.

Tether’s USDT becomes the first stablecoin to US$100 bln

Tether’s USDT stablecoin reaches a market capitalization milestone.

Robinhood integrates with Arbitrum for efficient crypto swaps

The trading app Robinhood has partnered with Ethereum scaling solution Arbitrum to offer token swaps in its self-custody wallet.

Memecoins Bonk, Doge lead extended market rally

Dogecoin’s price has soared to $0.11, marking a significant increase and making it one of the top gainers in the cryptocurrency market.

February 2024

Bitcoin challenges all-time high but gets rejected at US$64,000

Bitcoin’s price has soared to a two-year high, nearing US$64,00.

PEPE gains 120% in a week, Bitcoin breaks US$57,000

Meme token PEPE leads top cryptocurrencies as Bitcoin continues to surge.

Wright submits 164,000 pages in an attempt to prove he’s Satoshi

Craig Wright’s claim as Bitcoin creator faces scrutiny in court with new evidence and testimonies.

Reddit invests in Bitcoin and Ethereum ahead of IPO

Social media platform Reddit has diversified its assets by investing in cryptocurrencies Bitcoin and Ethereum, as revealed in its IPO filing.

StarkWare revises STRK token unlock plan after community backlash

Following criticism, StarkWare adjusts its STRK token release schedule to ensure a more gradual release over the coming years.

Circle ends USDC support on TRON network

USDC halts TRON support, aligning with Circle’s IPO plans.

Ether hits US$3,000, investors eyes on possible ETF approval

Ethereum’s native token, Ether, briefly surged to US$3,000 for the first time in 22 months before retracing.

STRK trading begins amidst massive airdrop event

Starknet distributes 728 million STRK tokens, with initial trading volatility.

Worldcoin’s WLD token hits record high as users surpass 1 mln

Worldcoin’s record surge comes on the back of OpenAI’s new text-to-video tool, Sora.

US Treasury: crypto’s role in Hamas funding minor

“Terrorists” still prefer to use traditional finance products, according to U.S. Treasury’s Brian Nelson.

Revolut to list Bonk alongside US$1.2 mln learning campaign: report

Bonk will join Ethereum-based memecoins such as Dogecoin and Shiba Inu on the platform.

STRK token launch targets 1.3 mln users, US$1 billion valuation

StarkNet’s upcoming token airdrop could become the largest in history.

Bitcoin returns to the US$1 trillion club

Bitcoin’s current market value is greater than the world’s eighth largest company.

US inflation snaps Bitcoin’s winning streak

Bitcoin’s value dips following a hotter-than-expected U.S. CPI report but weekly momentum stays in green.

Solana’s second smartphone hits 100,000 pre-orders

The blockchain company’s latest mobile venture for a US$450 pre-order price per phone brings in US$45 million for Solana.

ERC-404 frenzy drives Ethereum gas to eight-month peak

The rise of ERC-404 tokens brings a new dimension to the Ethereum blockchain, blending the characteristics of ERC-20 and ERC-721 tokens.

Ethereum staking hits milestone: over 25% of supply now locked

Despite the Shapella upgrade allowing withdrawals, Ethereum’s proof-of-stake transition continues to attract validators, with over 30 million Ether staked.

Montenegro court overturns extradition of Terra founder Do Kwon

International tug of war over Kwon’s fate takes a new turn with Montenegro court’s reversal on extradition.

Solana logs back in after a five-hour outage, SOL rebounds

Solana, a blockchain that has been plagued with outages in the past, had its first network interruption in almost a year.

Monero sinks as Binance announces delisting

Privacy coins face a setback as Binance removes Monero, impacting its market price.

Tether, Solana’s Yakovenko back Oobit with US$25 mln funding

Industry giants Tether and Yakovenko invest in Oobit’s $25M funding round.

USDT issuer Tether pockets US$2.85 bln in profits in Q4 2023

Tether reports a record US$2.85 billion profit last quarter as its USDT soars towards US$100 billion market cap

US$112 mln XRP theft hits Ripple’s Larsen

Ripple’s Chris Larsen loses $112M in XRP to hackers in a recent security breach.

January 2024

Transak streamlines crypto conversions with Visa Direct integration

Transak integrates with Visa Direct to simplify crypto-to-fiat transactions globally.

Solana-based GameStop meme coin gains traction after retailer pulls plug on crypto

A GME-themed meme coin, not affiliated with the video game retailer GameStop, is replicating the company’s meme stock frenzy on the Solana blockchain.

Floki Inu staking halted in Hong Kong after SFC warning

Floki Inu suspends its staking program in Hong Kong following regulatory warnings.

Solana’s Jupiter trading volume skyrockets ahead of JUP airdrop

Jupiter Exchange experiences a trading boom as the Solana community awaits the upcoming JUP airdrop.

Hong Kong sees first spot Bitcoin ETF application

Hong Kong could welcome its first spot Bitcoin ETF, courtesy of Harvest Global’s recent filing.

Classic Doom revived on Dogecoin network

Gamers can now play Doom directly on the Dogecoin blockchain, merging nostalgia with modern tech.

Algorand CEO’s social media account hit by hackers

Algorand community warned as CEO’s social media falls prey to hackers.

Swan Bitcoin debuts mining operations ahead of IPO

Swan Bitcoin steps into mining ahead of halving as it prepares for a stock market debut.

Investors lost 54.3% less crypto in 2023, Chainalysis says

The total value of stolen crypto decreased last year but the number of individual hacking incidents grew.

JPMorgan downgrades Coinbase to underweight

Analysts at JPMorgan slash Coinbase rating to underweight, questioning ETF impact.

Mt. Gox confirms addresses for BTC repayment plan

Long-awaited Bitcoin repayments closer as Mt. Gox confirms creditor addresses.

Dogecoin soars to weekly peak amid X Payments buzz

Speculative X Payments chatter triggers Dogecoin’s sharp rise.

Terraform Labs Seeks U.S. bankruptcy shield

Do Kwon-founded Terraform Labs files for Chapter 11 bankruptcy in the U.S.

US, UK, Australia target Hamas-linked crypto networks

Allied nations impose sanctions on entities allegedly aiding Hamas’ crypto transactions.

SEC delays Fidelity’s Ethereum ETF decision

Fidelity’s bid for a spot Ethereum ETF hits a snag as SEC delays decision.

Polygon’s MATIC stirs as US$26 mln moved to exchanges

Celsius Network’s move of US$26 million in MATIC to exchanges raises eyebrows amid market volatility.

Bitcoin mining’s green mile: 54.5% sustainable energy use

Bitcoin mining now more eco-friendly than ever, reaching a 54.5% sustainable energy usage.

Bitcoin spot ETFs break US$10 bln trading barrier

Investors flock to Bitcoin spot ETFs, pushing trading volumes past the US$10 billion milestone.

Solana to launch second crypto smartphone

Solana Mobile hints at second smartphone following surprise success of Saga. 

HashKey joins unicorn club after US$100 mln raise

HashKey Group achieves unicorn status following a US$100 million funding round, reaching a US$1.2 billion valuation.

Petro cryptocurrency era ends in Venezuela

The controversial Petro cryptocurrency is now defunct as Venezuela pulls the plug.