Forkast.News is now Forkast Labs

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Data

42 articles

November 2023

How blockchain can fortify children’s online safety

Colossal failures in online age verification have opened the floodgates for kids to access harmful content and become ‘friends’ with adult strangers. Can encrypted decentralized IDs put a stop to all that?

October 2023

Crypto fundraising in Q3 lowest in three years: Messari

The amount of funds raised by cryptocurrency firms dropped to a three-year low of US$2.1 billion in the third quarter of 2023, according to a new report published by on-chain intelligence firm Messari. See related article: CMCC Global raises US$100 mln to launch Hong Kong Web3 fund Fast Facts See related article: HKEX to launch […]

August 2023

How AI, with blockchain, can transform everyday life: Opinion

Combining blockchain with AI, two of the greatest innovations of this era, will unlock myriad benefits for consumers and businesses alike, writes Eugen Kuzin.

March 2023

The digital economy needs a better BS detector — so we are building it through data transparency

Blockchain data is public for all to see. The irony is that few know what to look for, and why. A new set of indexes by Forkast Labs filters out the noise and offers data intelligence and clarity.

February 2023

Blockchain developers have taken a decentralized interest in cloud storage – will it shake up the industry?

Blockchain developers want a piece of the multi-billion dollar cloud computing pie. Do current heavyweights in the industry – Amazon, Google and Microsoft – have cause for concern?

Filecoin developer Protocol Labs cuts 21% staff amid ‘crypto winter’

Crypto layoffs last month matching 41% of the total industry job cuts in 2022, a new study finds.

January 2023

CryptoSlam, Forkast.News merge to form Web3 data intelligence platform

Web3 media company Forkast.News and blockchain data analytics firm CryptoSlam are merging to establish Forkast Labs, a media intelligence platform for the digital economy that will combine on-chain data analytics and journalism.

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.

Your fitness app knows a scary lot about you. How secure is your data?

Being on the watch, your tracker knows where you live, when you sleep and how healthy (or not) you are. What happens if your data is sold — or hacked?

How ‘naming collisions’ threaten the promise of Web3

What are ‘naming collisions,’ and why will unique user-owned identities play a pivotal role in Web3’s future success? Matthew Gould explains.

December 2022

Demanding data privacy is a feminist fight: Opinion

Personal information privacy matters more than ever in a post-Roe world, writes Kayla Kroot of Koii Network. Can data from menstrual cycle tracking apps be used to prosecute women and girls for abortions?

Will the next wave of FTX victims be unwitting tax cheats?

When a crypto exchange fails, will your transaction records vanish, too? Here’s why investors should take responsibility over their own trading data.

November 2022

Dashcam maker Hivemapper issues crypto HONEY for road image contribution

San Francisco-based dashcam maker and decentralized mapping service provider Hivemapper issued cryptocurrency tokens HONEY to reward dashcam users for contributing driving data and road imagery on Friday Hong Kong time, according to a press release shared with Forkast.

October 2022

More than just a JPEG? Digital Art Fair Hong Kong explores NFTs for data streaming and display

Pixelated pictures and cartoonish drawings have typically dominated the world of Non-Fungible Tokens (NFTs), but some exhibits at Hong Kong’s Xperience art fair show new means of applying the technology.

September 2022

How did Big Tech gain such power over our data, and how do we take it back?

Google earns hundreds of billions annually by monetizing its users. Can blockchain return meaningful control over personal data back to the people?

August 2022

Crypto education in local languages; Decentralizing data

Crypto advocates in Asia want to educate people using regional languages to promote cyber-safety awareness.

How data unions can reshape the global data economy

Europe’s Digital Markets Act will soon take power over personal data away from Big Tech and give it back to the people. How can data cooperatives help?

June 2022

Blockchain as the self-sovereign identity layer of Web3 | The Great Disruption Ep. 10

The big data market had an estimated value of US$162.2 billion in 2021, where most of the revenue came from personal data. As centralized online platforms are generating eye-watering revenues from users’ digital footprints, data owners and producers get nothing in return. Can blockchain-based Web3 identity return personal data ownership to users? Find out in […]

April 2022

No love for Putin. Binance denies sharing data with Russia

Binance, the world’s largest cryptocurrency exchange by trading volume, denied sharing client data with Russian authorities, following a Reuters investigation into the exchange’s ties with the country.

February 2022

Alibaba and Canaan’s AI team up; Metahuman creates Valentine’s NFT

Chinese giant Alibaba and Canaan team up to work on AI. Meanwhile, Valentine NFTs are created by meta-human using auction data.

October 2021

How blockchain can unify healthcare and improve public health

Global healthcare data sharing suffers from lack of security, clear ownership, interoperability and accessibility. Can blockchain provide solutions?

July 2021

10 key blockchain developments in healthcare toward Covid-19 in 2021

Blockchain technology is part of the important work being done toward a safer and healthier world. Lucas Schweiger of Blockdata summarizes this year’s strides forward.

Band Protocol launches Phase 2 to bring off-chain data to DeFi

Oracle platform Band Protocol is aiming to enable data providers like Google Cloud and Bloomberg to work better with decentralized applications.

Why decentralization is essential for protecting user data and privacy

Centralized data management is outdated and vulnerable to hacking, says Li Jun of Ontology. Here’s how blockchain can make data more secure.

May 2021

Bridging the DeFi data gap with indexing blockchain data

Blockchain technology has massive data requirements, but the data can be difficult and costly to access. What are some of the solutions?

Chainlink joins Hedera council in push to link DeFi with traditional finance

Chainlink, a data oracle, has joined the Hedera Governing Council, which oversees the distributed governance of the Hedera network, an enterprise-grade public network for the decentralized economy.

April 2021

How MPC can solve blockchain’s data privacy conundrum

Blockchain improves data protection but not confidentiality. Here’s why multi-party computation can be a solution, writes Kurt Nielsen of Partisia Blockchain.

March 2021

How blockchain advocates stopped FinCEN’s ‘crypto wallet rule’—for now

Blockchain association leader Perianne Boring explains the controversial rule and how the industry pulled together to force FinCEN to consider public input.

February 2021

Why crypto data aggregation will be essential to fintech in 2021

How will the rise in cryptocurrency drive banking and fintech innovation? Decentralized finance may offer a model, writes Christopher Brown of Zabo.

Uproar over WhatsApp and user privacy shows need for new data economy

Sharing user data in exchange for free services is not necessarily a bad thing, writes Henri Pihkala of Streamr. The key is transparency and user consent.

January 2021

Is Signal experimenting with Stellar-based cryptocurrency?

Signal, which exploded in popularity after WhatsApp’s privacy stumbles, may be exploring a business strategy pursued by Big Tech. What are the risks?

Big waves at SEC: Chief enforcer v. Ripple XRP is out. Is Gary Gensler new SEC chair? Elon Musk’s bitcoin flirtations.

Other top blockchain and cryptocurrency news: WhatsApp refugees swarm Signal. Bakkt to go public via SPAC. China tests out new DCEP digital yuan e-card.

How DLT is fighting the information war in Syria and saving lives

In a special interview, Mance Harmon of Hedera Hashgraph explains how distributed ledger technology is helping quash fake news and warn Syrians about airstrikes.

November 2020

Why cloud computing puts companies at risk of hacks and data breaches

As the world relies ever more on cloud servers, security gaps are widening, too. Confidential computing can bolster cyber security, writes Amit Ghosh of R3.

Hedera Hashgraph provides provenance for data from Syrian war

Hedera’s platform will help Hala Systems store evidence of war crimes in Syria and Yemen on the blockchain for future prosecution of those responsible

October 2020

Space Race’s success prompts Filecoin to announce Space Race 2 | Space Race Episode 3

Space Race miners accumulate 230 PiB of storage as independent miners show why they’re the day-to-day heroes.

September 2020

Space Race miners challenged with rapid network upgrades | Space Race Episode 2

Miners have accumulated over 215 PiB of storage power in Filecoin’s Space Race, but daily updates have been slowing them down.

Filecoin’s mainnet aims for the clouds of Web 3.0

Web 2.0 gave users the power to engage with other users and contribute content to the network, but data is still stored in centralized databases. Web 3.0 wants to end all of that.

August 2020

What the Twitter hack reveals about the need for digital identity security

Could blockchain technology and decentralized ID verification have prevented all those VIP Twitter accounts from being commandeered for a bitcoin scam?

June 2020

How to improve data security during Covid disruptions

Working from home heightens computer security risks and the need for good data governance. What are the best practices for safeguarding critical data?

May 2020

Will artificial intelligence replace humans in investing?

AI and big data can crunch more information than ever before. Can technology crush humans in finance the way it already has in the games of chess and Go?

November 2019

Giving patients power over data builds trust in health care, says Blockdoc’s Alan Chiu

Using blockchain to handle patients’ data can lay the groundwork for genetic tests, telemedicine and AI.