Cryptocurrencies

A UN report reveals USDT’s growing role in money laundering and underground banking in Southeast Asia

With the acquisition of Valkyrie Funds, CoinShares aims to strengthen its position in the competitive ETF market.

Support from BlackRock CEO Larry Fink boosts prospects for Ethereum ETFs.

Ether’s price rises sharply, contrasting with Bitcoin’s stagnant performance despite recent ETF launches.

With its recent US$7 million funding, Bitfinity wants to enhance Bitcoin’s utility in DeFi and NFTs.

The DeRec Alliance, involving HBAR and Algorand Foundations, aims to solve digital asset recovery challenges with a new protocol.

Grayscale and BlackRock’s ETFs lead a bullish debut for newly listed Bitcoin ETFs.

With the filing for an IPO, Circle aims to capitalize on the growing interest in crypto assets, despite recent industry setbacks.

SEC’s landmark decision approves 11 Bitcoin ETFs, heralding a new era for digital asset investments.

Ripple Labs’ tender offer aims to repurchase US$285 million shares, valuing the firm at US$11.3 billion and fortifying financial standing.

Billy Restey inscribes SEC’s Gensler tweet on Bitcoin blockchain, ensuring clarity after a false ETF approval claim rattles the crypto market.

Cboe appeals to SEC for fast-tracking Bitcoin ETFs.

Following a misleading tweet about Bitcoin ETFs, Senators Vance and Tillis demand answers from the SEC regarding its cybersecurity measures.

Steven McClurg says Valkyrie Investments may be poised for a historic ETF launch this week, with the potential to inject up to US$400 million into the market.

Imminent SEC decision on Bitcoin ETFs could mark a watershed moment for crypto, spearheaded by industry giants BlackRock and VanEck, reshaping the investment world.

Welcome to Forkast IQ, presented by Forkast’s Megha Chaddah, where we look beyond the headlines to get you insights that power smarter decisions. In this special edition, Forkast News spoke to one of the leaders of the Web3 industry, Yat Siu, co-founder and chairman of Animoca Brands.

A year after the Merge made Ethereum even more popular, the network now faces the perils of a staking-fueled liquidity crunch. What are the alternatives?

Silicon Valley venture giant Andreessen Horowitz plants flag in London: fuels UK’s ascent as a Web3 innovator.

Three SFC-authorized crypto ETFs will be available on UBS’ Hong Kong platform.

The UK’s crypto hub dream is coming to life while some attendees of Apefest 2023 in Hong Kong complaint on severe eye pain post-event.

BlackRock’s Ether ETF filing comes as the U.S. SEC entered an eight-day window to potentially approve pending Bitcoin ETF applications.

Ether rose to an over six-month high of US$2,045.

The SEC has reportedly been in contact with Grayscale since its court victory in August.

Top blockchain and crypto news: Hong Kong mulls Bitcoin ETFs, Ordinals flip Ethereum NFTs, IPO comes full circle.

Bitcoin is up over 32% in the past month.

The proposed guidelines will work as a liquidity stress test for stablecoin issuers, according to the EBA.

Circle has previously tried to go public through a blank-check deal back in 2022.

The partnership aims to reduce the high costs and lengthy transfer times associated with traditional remittance payments.

Reddit’s shortsightedness and fixation on profits ultimately led it to pull the plug on Community Points. But here’s why Reddit should still be commended.

The joint study aims to create the infrastructure for issuing regulatory-compliant stablecoins for improved cross-border settlement.

The last time Bitcoin transaction fees were this high was on June 6.

The artificial intelligence service is designed to predict the depegging of stablecoins in 24-hours.

The central bank expects to release the final set of regulations by 2025.

Siu said this marks the crypto industry’s evolution from the FTX collapse and the Terra-Luna meltdown.

Hong Kong is charging ahead in its digital currency initiatives, but more must be done to address the e-HKD’s environmental impact and security concerns.

Bitcoin was trading above US$34,000, as the decreasing job creation in the U.S. fueled hopes of another interest rate pause.

The US$5 million fund aims to help Vauld users who can’t withdraw their assets from the platform.

SOL rose over 319% in 2023 so far, despite concerns around FTX’s lawsuit.

The XRP token now stands to benefit from legal and regulatory clarity in the DIFC, according to the announcement.

PayPal said that it is collaborating with the SEC’s request.

The new ETF will offer investors short exposure to Ether.

The registration enables PayPal to advertise its crypto services to U.K. customers.

Tether extends US$610 million loan to boost Northern Data’s AI and Bitcoin mining operations.

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

Circle said the account closures do not apply to businesses or institutional Circle Mint accounts.

Often dismissed as coincidence, October has once again produced an upswing in the crypto market, with excitement around a potential U.S. spot Bitcoin ETF to thank for this year’s ‘Uptober.’

The MAS said that its previous tokenization pilots demonstrated great potential benefits of the technology.

The U.K. intends to introduce rules on fiat-backed stablecoins in early 2024, according to the government’s latest cryptocurrency policy update published on Monday.  See related article: Singapore, Thailand clarify crypto rules; NFTs become new cultural frontier Fast Facts See related article: Blockchain tech in Thailand gets boost from new pro-crypto lead

The move is part of an Asia Pacific expansion effort by the cryptocurrency custodian.

The lender, known as K-bank, said it will also open three additional crypto subsidiaries.

Bitcoin soars to its highest price in a year and a half as Grayscale’s legal victory against the U.S. SEC gets finalized.

Amid news, fake or otherwise, of an imminent approval for at least one spot Bitcoin ETF, Bitcoin’s price has skyrocketed. Could a year of pain in the crypto industry be over?

Parity CEO Björn Wagner said that despite the need for layoffs, the company’s financial health “remains robust.”

To quell the uproar over the imminent death of a popular rewards program, Reddit is blaming ‘scalability’ and regulatory woes. But the real culprit is Reddit itself for failing to make its tokens sustainable, writes Fabio Galbi, CEO of VSC.

The United States is the region’s top driver of crypto activity.

Coins.ph, a cryptocurrency exchange based in the Philippines with millions of users, appeared to have lost 12.2 million XRP tokens, The Block reported on Friday.

The pillars of Wall Street are muscling their way into crypto and decentralized finance. Who stands to benefit the most?

Bitcoin gained over 10% this past week, boosted by Grayscale’s renewed spot Bitcoin ETF application.

Web3 leaders gather in the Future Blockchain Summit in Dubai and we take a deep dive on the woes of crypto’s largest exchange, Binance.

LBRY issued a final goodbye to the crypto community before winding down operations.

The XRP token rose over 6% on the day after the SEC dismissed the charges against Ripple’s top executives.

Grayscale said that its fund is ready to operate as an ETF upon regulatory approval.

Top blockchain and crypto news: Is Japan a new frontier for Binance? AI art sweeps NFT sales. ETF buzz electrifies Bitcoin.

Taproot Assets will “accelerate the process of bringing Bitcoin to those billions of people,” according to Lightning Labs.

The central bank said that the preparation phase is not a decision on the issuance of a digital euro.

The U.S. takes action against 10 Hamas-linked entities, including Gaza-based money transfer business and crypto exchange Buy Cash.

The U.K. is also listed as the 14th economy on Chainalysis’ Global Crypto Adoption Index.

The survey aimed to measure the public attitude towards virtual asset investments, following the JPEX incident.

TWT price rose over 15% during the past week, after Trust Wallet announced a major rebranding upgrade.

SUI fell to a new all-time low on Wednesday following supply manipulation allegations, which the Sui Foundation denies.

The plight of the Philippines — which has a high rate of crypto adoption but is also plagued by fraud — offers a window into why the industry’s ‘do your own research’ mantra isn’t enough.

Israeli police requested information on 200 additional crypto accounts.