Articles filed under

Cryptocurrencies

1083 articles

January 2023

An open letter to Sen. Elizabeth Warren: Your shotgun approach to crypto is dangerous for America

FTX’s implosion is spurring a regulatory scramble to rein in the crypto sector. But one influential US lawmaker may do more harm than good, writes Kadan Stadelmann, CTO of Komodo.

Will Genesis meet its maker amid creditors closing in?

Top blockchain and crypto news: Genesis bankruptcy begins. FTX chief ponders a reboot. China’s CBDC gets a smart-contract upgrade.

India’s CoinDCX exchange says crypto tax rules are reducing government revenue

India announces its full year budget on Feb. 1, the last before general elections in 2024, and the cryptocurrency and digital asset industry is lobbying the government for changes in tax rules, among others.

2023 Should be the Year of Web3 Security

Despite 2022’s turbulent impact on the crypto industry, Immunefi CEO Mitchell Amador believes this year could encourage better Web3 security.

Indian Budget Ahead

India’s crypto tax laws have caused local trading volume to plummet and the industry is hoping for better news in the upcoming budget session.

Weekly Market Wrap: Bitcoin up over 21% in best weekly performance since Feb. 2021. Bull run or bull trap?

Bitcoin’s price has had its best weekly run up since February 2021 in the seven days through Jan. 18, but is that the start of a bull run or setting up the optimists for a sucker punch? Experts share their predictions with Forkast.

Crypto Gains Paused

Crypto prices have been on the rise so far this year, but the arrest of a crypto exchange owner has spooked the market.

Why crypto crashes are just like Nascar collisions

Small details can make a big difference on performance, and one careless error can lead to calamity. How should those in crypto drivers’ seats navigate their path?

Filecoin lifting off

The Filecoin Foundation’s Marta Belcher unveils details to send the IPFS into space to speed up long distance communications.

Genesis, Gemini face US charges over unregistered securities sales

Top blockchain and crypto news: SEC frowns on Genesis, Gemini. Solana soars. Will China tighten its embrace of WeChat Pay and Alipay to push its CBDC?

IPFS to demonstrate long distance communications in space aboard LM 400 spacecraft

IPFS will be heading to space this year to reduce latency between nodes communicating in orbit for blockchain applications, Marta Belcher of the Filecoin Foundation told Forkast.

Crypto’s data problem: Rebuilding trust in a trustless environment

Price is the wrong measure of Web3’s true value, writes Angie Lau, editor-in-chief of Forkast. To recover from Crypto Winter, we need metrics that are less prone to whims and manipulation.

It’s Ethereum forking time

Although investors fear the Shanghai upgrade brings selling pressure to Ethereum, Amber’s Justin D’Anethan shares why this can be a bull case for Ethereum.

What does the future hold for digital assets in 2023?

NFTs, tokenization and blockchain-based cross-border payments will see big paradigm shifts, but their success will depend on regulation, investment and adoption, writes Stephen Richardson of Fireblocks.

Asset Segregation

FTX’s collapse has led to many thinking about how to safeguard their digital assets.

Weekly Market Wrap: Bitcoin rebounds above US$18,000, Ether gains over 13%

Bitcoin rallied above the US$18,000 mark for the first time in nearly a month. Is this the start of a bull run or just another relief rally on the back of easing inflation pressure?

Why is it harder to arrest Terra-Luna founder Do Kwon than FTX’s Sam Bankman-Fried?

South Korea’s attempts to extradite the founder of the collapsed Terra-Luna stablecoin will remain hamstrung while the courts in Seoul dispute the charges against him.

How DeFi can overcome the stench of shitcoins and ponzinomics

DeFi Summer has cooled into Crypto Winter, but with a silver lining — investors are finally asking sensible questions like: ‘Where does the yield come from?’ writes Julian Koh of Ribbon Finance.

CBDCs may drive more funds into DeFi protocols, says Immunefi’s Mitchell Amador

Immunefi founder Mitchell Amador believes the future security risks of CBDCs will highlight the benefits of DeFi.

Digital Currency Group in spotlight over suspicious fund transfers

Top blockchain and crypto news: DCG under investigation. Lido DAO surges as Ethereum’s Shanghai upgrade looms. Hong Kong burnishes crypto credentials.

India’s CoinSwitch exchange to add non-crypto products amid punishing taxes on digital asset trading

Indian cryptocurrency exchanges faced a flurry of taxes on trading last year that saw volumes across most platforms drop as much as 90%, slashing income from trading fees. What’s a crypto exchange to do? Maybe sell mutual funds?

Trust and Compliance

Many crypto exchanges are implementing proof of reserves as trust and confidence are becoming two of the biggest watch words in the crypto space, but traditional institutions are also trying to bring the crypto sphere back to health.

Where is the stablecoin market heading in 2023?

FTX’s collapse triggered a stablecoin sell-off, but we will need them to survive the Crypto Winter, writes Vladimir Gorbunov of Choise.com.

Will crypto’s decentralized application layer boost mass adoption in 2023? 

ChainSafe’s Aidan Hyman believes that crypto’s fully decentralized application layer may finally be complete in 2023.

FastForkast headlines

Markets: Bitcoin, Ether prices rise as crypto market stages rebound; Solana biggest gainer among top 10

EU looks to place limit on banks holding crypto

Markets: Bitcoin, Ether extend losses; Solana, Cardano biggest losers in top 10 cryptos

Blockstream says it raised US$125 million to expand Bitcoin mining operations

Japan’s financial regulator aims to lift ban on foreign stablecoins by June this year

Markets: Bitcoin, Ether dip as investors take profits; earnings reports, economic data rattle equities

Markets: Bitcoin rises above US$23,000; Polkadot, BNB lead gains across top 10 cryptos

Ethereum’s Shanghai Mainnet moves one step closer as “Shadow Fork” goes live

Markets: Bitcoin edges higher, Ether little changed; XRP, Polkadot post strong gains in mixed market

U.S.’ first nuclear-powered Bitcoin mining center to open in Q1

Markets: Bitcoin slips, remains above US$22,000; Dogecoin leads gains

Markets: Bitcoin holds at four-month high above US$22,000, crypto market cap back over US$1 trillion

Crypto is second most owned asset class for young women after cash: report

Markets: Bitcoin dips below US$21,000

Binance among top Bitcoin receivers of Bitzlato’s illegal funds, FinCEN says

Cardano expresses interest in buying CoinDesk from cash-strapped Digital Currency Group

Markets: Bitcoin bounces back above US$21,000, Cardano gains amid CoinDesk speculation

Universal digital payments network for stablecoins, CBDCs launches at Davos

Markets: Bitcoin, Ethereum extend losses

National Australia Bank to launch AUDN stablecoin: report

Markets: Bitcoin, Ether fall on U.S. economy worries, hawkish Fed comments on interest rates

Coinbase asks Japan customers to withdraw holdings as it halts operations

Markets: Bitcoin, Ether rise further; Dogecoin leads gains in top 10 cryptos

Markets: Bitcoin, Ether prices little changed; Polkadot gains as Solana gives up ground

Markets: Bitcoin inches up, Ether slips; China posts 3% GDP growth for 2022

Markets: Bitcoin holds above US$21,000 as crypto market cap briefly tops US$1 trillion

Markets: Bitcoin, Ether rises; Solana is biggest gainer among top 10

Bitcoin miners return from winter storms, difficulty at an all-time high

Markets: Bitcoin, Ether little changed after weekend surge; Solana, XRP give back some gains

Markets: Bitcoin, Ether trade higher; Solana biggest weekly gainer among top 10 cryptos

Markets: Bitcoin, Ether prices jump as U.S. indicator shows inflation pressure is easing

Bitcoin price rebounds as U.S. inflation cools

El Salvador establishes legal framework for all cryptocurrencies

Markets: Bitcoin, Ether rise as investors await US inflation data; Polkadot gains

Markets: Bitcoin, Ether continue run up ahead of U.S. inflation report; Avalanche surges

India’s WazirX crypto exchange releases proof of reserves, says 90% of user assets in Binance wallets

Thai regulator probes Zipmex crypto exchange amid acquisition: report

Markets: Bitcoin, Ether strengthen; XRP leads gains in top 10 cryptos

Binance’s BUSD-peg stablecoin has not always been fully collateralized: report

MetaMask developer ConsenSys to slash 100 or more staffers: report

Markets: Bitcoin, Ether follow U.S. equities higher on view inflation starting to ease despite hawkish Fed

Coinbase to cut 20% of its remaining workforce

Markets: Bitcoin slips, Cardano leads losses in top 10 cryptos

Paycoin seeks reapproval after S.Korea suspends the payments token: report

Markets: Bitcoin, Ether rise with most of crypto market, Solana posts best start to the year for major token, BNB retreats amid Binance probe

Crypto payments firm Wyre limits withdrawals as it mulls ‘strategic options’ amid market downturn

Markets: Bitcoin, Ether extend rise; Cardano leads gains in top 10 cryptos

Markets: Bitcoin back above US$17,000; Ether, crypto market extend weekend gains