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1094 articles

October 2022

Is crypto dead? No, but doomsayers may profit from your panic

A lack of regulations means anyone can say bad things about crypto to stir up fear — and push you to sell. Even if they stand to make money from your losses.

What is XRP and what is Ripple?

Why has Ripple Labs been in the U.S. SEC’s crosshairs and what’s the difference between Ripple and XRP?

NFT marketplaces ditching standard royalty fees labeled “short-sighted”

After Solana’s Magic Eden marketplace said it was bowing to pressure and making payment of royalties “optional” to NFT creators, industry insiders tell Forkast the policy is wrongheaded and damaging.

First Digital Trust says HK, Singapore can join hands on crypto initiatives

In a Q&A with Forkast, First Digital Trust Chief Executive Officer Vincent Chok shared his views on Hong Kong getting back into crypto, regulations, and how the crypto pie in Asia is big enough for rivals Singapore and Hong Kong.

Why local language education holds the key to crypto’s future

The crypto sector operates mainly in English, but more than 6 billion people — many of whom crypto would benefit the most — use other languages, writes Wei Zhou of

Finders Keepers?

What constitutes as stealing isn’t as black and white to all of us – what happens if crypto exchanges accidentally refund a little too much money?

Horizon Worlds fails to lift Meta as users stay away

Top blockchain and crypto news: Mark Zuckerberg’s empty metaverse. South Korea to roll out blockchain IDs. Macau bets on digital money.

South Korea indicates fugitive Do Kwon’s passport still valid; his location unknown

Kwon has been issued with an Interpol “red notice” requesting his extradition on charges brought by South Korea related to the implosion of the Terra Luna cryptocurrency project he founded

EU targets Bitcoin with energy efficiency labeling for crypto

This isn’t the first time the bloc has examined cracking down on Bitcoin mining, and it comes amid a growing push from regulators to examine the industry’s carbon footprint.

One country, two systems? Hong Kong seems set to diverge from China on digital assets

Hong Kong seems set to put out a new welcome mat for the blockchain and crypto industries, but will it work after concern about regulatory restrictions convinced many cryptocurrency operators to leave?

Why the crypto bear market can be a bull for innovation

The market may be in the doldrums, but there’s no better time to clean house and build for the future, writes Clayton Roche of UMA. Here are 5 areas of opportunity.

Magic Eden, largest Solana-based NFT platform, makes royalty fees optional

The platform said the move was in line with growing market trends, but some are concerned about what it means for the industry.

Ethereum supply would have grown by 350,000 tokens under PoW

A recent token launch on Ethereum pushed the network into a deflationary state and the blockchain’s shift to PoS may lower supply even further.

Fintech Cooling Ahead?

Fintech’s growth in the EU has been described as “unprecedented”, but a report warns of consolidation in the years to come.

India’s crypto taxes provide headache for many, opportunity for some

One company says it’s bringing solutions for confused investors in digital assets in India who grapple with hours of tax calculations.

Is crypto suffering from the same ills as TradFi?

Centralized lenders like Celsius and Voyager have proven hugely problematic, but DeFi also has big issues. What if we pursue a hybrid approach?

Centralized or Decentralized?

As blockchains experience outages, what steps should developers take to best prevent future incidents?

The Digital Rupee

Despite India’s repeated warnings against cryptocurrencies, crypto exchange giants WazirX remain hopeful of a digital rupee.

Brazil police bust crypto group led by ‘Bitcoin Sheikh’

Gold bars, cash, jewelry, cars and luxury watches bought with defrauded funds are seized.

S.Korea’s parliament audit on Terra-LUNA falls short of expectations

The National Assembly wanted to get to the bottom of the Terra-LUNA collapse on Thursday. At the end of a long and speech-filled day, lawmakers left empty-handed.

FastForkast headlines

Bitcoin mining difficulty logs new high, up 3.4%

Hong Kong, BIS explore CBDC-backed stablecoins in retail prototype

SEC asks court to deny Ripple motion for summary judgment in XRP lawsuit

South Korea’s MIR4 maker Wemade launches stablecoin

Markets: Bitcoin, Ether, Polygon gain; US equities see largest gains since June

India Web3 talent driven away by lack of regulatory clarity, industry body says

Software maker Hancom raided amid suspicions over token Arowana, slush fund

Ripple lawyer says ‘worth the fight’ as SEC hands over Hinman files in court case

Markets: Bitcoin dips, 30-day volatility at 2 year low; Ether falls, Dogecoin gains

Crypto becomes approved financial product in South Africa

Fidelity Digital Assets to allow clients to trade Ether

Japan eases token vetting process to expand crypto offerings: report

Hong Kong digital asset firm sets up US$50 mln fund to expand mining business amid crypto winter

Terra CEO Do Kwon, wanted in South Korea, left Singapore and flew to parts unknown via Dubai

Markets: Bitcoin, Ether fall along with rest of crypto top 10; Uniswap gains

Bitcoin makes the Guinness World Records list as the first decentralized cryptocurrency

Markets: Bitcoin, Ether fall with top 10 cryptos, XRP slumps

Crypto bank Nuri to shut down, asks customers to withdraw funds

Markets: Bitcoin, Ether fall as EU considers crackdown on energy-intensive crypto mining

Ripple devs push for Ethereum smart contract compatibility with XRPL sidechain

Markets: Bitcoin, Ether rise; Polygon, Solana lead gainers among the top 10 tokens

Mastercard to let banks offer crypto services to clients

India wants global, tech-driven regulatory framework for crypto

Markets: Bitcoin inches up, most top 10 cryptos stable after rollercoaster week

Macau is betting on digital currency, CBDC as legal tender

Markets: Bitcoin rises as Ether leads gains in crypto top 10

South Korea seeks software to track US$7.2B in illegal crypto

Tether says it slashed all commercial paper, replaced with US Treasury bills

Bitcoin fans pitch Satoshi Nakamoto for Nobel Prize in Economics

Markets: Bitcoin rebounds with equities after inflation data sparks initial sell off

Bitcoin drops 3% as U.S. inflation rises 0.4% in September

Ethereum price undervalued since The Merge: report

India police launches blockchain-based complaint portal on Polygon to invest US$145 mln in France as base for European operations

Coin Center files lawsuit over Tornado Cash sanctions, defends crypto privacy rights

Fed’s top bank watchdog eyes new regulation for banks doing crypto

Markets: Bitcoin, Ether prices rise; BNB little changed following BSC hard fork

Indian investors allegedly duped in crypto cloud mining scam

Solana-hosted DeFi platform Mango exploited for over US$100 mln

BNY Mellon, largest custodian bank, starts Bitcoin, Ether custody services

Markets: Bitcoin price falls with Ether, Doge sole gainer in top 10 cryptocurrencies

Google Cloud partners Coinbase for crypto payments, data services

Top Ethereum gas guzzler XEN Crypto is crunching ETH supply

Shenzhen leads China in cross-border CBDC transactions: report

Justin Sun, SBF again deny involvement in Huobi Global sale

Bitcoin mining difficulty hits new high after Ethereum ‘Merge’ makes space

Markets: Bitcoin price slides, Ether drops with rest of crypto top 10, XRP leads losses

Singapore eyes blockchain-based payment systems for faster cross-border transactions

UAE crypto market expected to grow 10-fold: report

WazirX wants to integrate India’s digital rupee

Markets: Bitcoin rises but remains below US$20,000; Ether gains, XRP leads crypto top 10

RBI to begin CBDC pilots, outlines wholesale, retail concepts