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118 articles

April 2022

BSN developer’s NFT warning; LINE launches NFTs

State-backed developer delivers warning on the state of NFTs in China. Meanwhile, LINE launches a NFT marketplace.

Resist the temptation on NFTs, Chinese state-backed developer says

In an exclusive interview with Forkast, the head of government-founded Blockchain-based Service Network (BSN) cautioned against packaging NFTs as investment products despite the temptation to profit off the euphoria.

Virgil Griffith jailed; Indian exchanges disable UPI

Welcome to The Daily Forkast – April 13, 2022 – Presented by Megha Chaddah. Coming up on today’s show: Former Ethereum developer Virgil Griffith gets 63 months in prison. Coinbase snafu sets cat among the crypto pigeons in India. Huawei becomes latest of China’s tech giants to issue NFTs.  We’ll have more on those stories […]

Bitcoin follows blue chips south amid market turmoil

Top blockchain and crypto news: Market contagion hits crypto. Ethereum developer pays price for bad Korea move. China whacks more crypto miners.

Coinbase snafu sets the cat among the crypto pigeons in India

Coinbase’s showcasing of support by government-backed National Payments Corporation of India (NPCI) set the ball rolling on the cryptocurrency exchange being yanked from the ubiquitous Unified Payments Interface (UPI).

Indian taxes hit trading; Bored Apes movie debut

India’s crypto tax continues to break the crypto industry’s back. Meanwhile, Bored Apes are set to have a movie debut.

Cryptos slump over inflation, Shanghai lockdown and war concerns

Bitcoin and Ethereum were down more than 5% each in Asian trading hours as cryptocurrency markets slumped in lockstep with traditional assets.

MobiKwik pulls crypto support; Twitter NFT hacker strikes again

In India, Mobikwik yanks crypto support. Meanwhile in the cyberspace, a Twitter hack promotes a fake NFT drop.

Coinbase India setback; Hong Kong’s Bitcoin ATMs

Coinbase’s launch in India is off to a rocky start. Meanwhile, Bitcoin ATMs grow in Hong Kong.

Bitcoin ATMs face existential threat in Hong Kong

Authorities in Hong Kong moving to block retail investors from accessing non-derivative crypto products could undermine the presence of Bitcoin ATMs in the city with the most crypto ATMs in Asia.

Opensea’s Solana beta begins; Binance bails out Sky Mavis

Chinese state media calls for stronger regulations of NFTs. Meanwhile, Sky Mavis raises $150M to offset Ronin hack.

US sanctions Russian darknet market; Indian MP’s crypto warning

South Korea’s Kakao Group acquires SEBC. Meanwhile in India, an MP reveals the government’s plans for the crypto industry,

Will London be Europe’s next crypto capital?

Top blockchain and cryptocurrency news: Britain’s crypto gamble. WAVES crashing. China’s big digital yuan push.

India to make life hell for crypto investors: MP

India needs to discourage people from investing in cryptocurrencies and digital assets, a senior MP from the ruling party told Forkast in an exclusive interview.

Is Singapore retreating from its global crypto hub ambitions?

Singapore’s approach may seem increasingly anti-crypto to some, but not to those tracking its policies closely. Danny Chong of Tranchess explains what’s going on.

China’s e-CNY push; India’s crypto tax kicks in

India’s long-awaited crypto tax comes into effect. Meanwhile, China expands the digital yuan program.

FastForkast headlines

China’s largest broadcaster’s NFT series becomes a trilogy

Binance closer to Thai business as Gulf Energy greenlights joint venture

North Korea behind Ronin hack: US

Blockchain, metaverse important for India’s growth: MP

China launches metaverse lab

Xiamen issues China’s first blockchain-based commemorative subway ticket

India’s crypto exchanges switch to P2P, bank transfers

Chinese state media calls for wider e-CNY adoption

Chinese Communist Party paper to “develop” NFTs

Japan’s messenger app LINE launches NFT marketplace

China museum chief fences cultural relics from NFTs

China’s industry lobbies join NFT bashing chorus

Chinese tech giant Huawei debuts NFTs

SFC allows HK’s MaiCapital to manage 100% digital-assets portfolio

India tax breaks crypto’s back

T Scientific to acquire 60% of S.Korean crypto exchange Hanbitco for $19.5 mln

China’s Xpeng joins the bandwagon in selling NFTs on Alibaba

Need for Speed gets Hong Kong’s Animoca in driver’s seat

Twitter hacker takes over verified accounts to promote fake Azuki NFT drop

China seizes over 3,500 Bitcoin mining rigs, hikes electricity rates

China’s Sichuan province launches NFT marketplace

Indian e-wallet provider MobiKwik yanks crypto support

South Korea’s ‘crypto friendly’ president seeks STO, IEO oversight

Coinbase’s India launch hits road bump

First S.Korean bank issues crypto accounts for corporations

e-CNY now a payment option on WeChat Pay in all pilot areas

China’s Communist Party wants to regulate NFTs

Former Hong Kong finance Tsar to launch NFTs

China’s Shandong TV to build NFT marketplace

South Korea’s Kakao to buy into Japanese crypto exchange

Singapore tightens regulations on crypto, again

Indonesia levies 0.1% VAT, income tax on crypto

Crypto staking provider RockX raises $6M in Series A funding

DBS Bank slams brakes on retail crypto trading

South Korean banks seek green light on crypto

China’s digital yuan expands to five more cities

Crypto tax in India is now a reality 

April 2022

Alibaba invests in AR; Ronin Network hacked

Alibaba makes a $60M metaverse bet on AR glasses maker Nreal. Meanwhile, Axie’s Ronin blockchain gets hacked.

Is Dubai the new crypto promised land?

Top blockchain and cryptocurrency news: Dubai’s crypto caravan. Mt. Gox unlocked. Digital yuan in play again.

UAE becoming crypto hub; India’s tax bogeyman

The UAE is becoming the new crypto hub of the world. Meanwhile in India, high crypto taxes are scaring away young investors.

India’s tax bogeyman is scaring off young crypto investors

The country’s attempt to profit from digital asset gains puts off new investors to the asset class, even as existing ones redeploy funds into traditional assets.

Ukraine’s NFT museum; Bitcoin on the up.

Ukraine launches its NFT Museum of War. Meanwhile, Bitcoin passes $47,000 mark.

Russia’s bitcoin for oil proposal; Crypto market makes gains

Russia considers a bitcoin for oil proposal. Meanwhile, crypto markets make gains after weeks of volatility.

FastForkast headlines

Crypto tax in India is now a reality 

WeChat bans NFT accounts, citing ‘crypto speculation’

India’s financial stability at risk from cryptos: IMF

Indian district issues caste certificates on Polygon

Indian MP proposes raising crypto tax higher than 30%

Hong Kong Exchange to trial digital assets trading in ‘Diamond’ pilot

India’s biggest telecom firm latches onto metaverse

Xiamen reveals plan to bolster its metaverse, NFT-related firms

Mastercard partners with Australia’s BTC Markets for payment options

ASX blockchain upgrade delayed for fourth time

Asian Games set for digital yuan, metaverse pilots, tech firm claims

South Korea recruits NFT experts for metaverse boot camp

China’s Greenland plans cross-border carbon credit trading with Singapore exchange