Binance will shut down its cryptocurrency payment service Binance Connect on Aug. 16, a Binance spokesperson confirmed to Forkast on Wednesday.  See related article: Binance could face fraud charge from US Department of Justice Fast facts Binance Connect, previously known ...

Bitcoin traded flat on Tuesday afternoon in Asia to stay range bound above the US$29,000 support level. Ether dipped, while most other top 10 non-stablecoin cryptocurrencies traded flat to lower, with Solana’s SOL the only one strengthening. The Forkast 500 ...

Police in China’s northern Shanxi Province made 21 arrests in relation to an alleged USDT money laundering scheme amounting to over US$54 million, the country’s national broadcasting service CCTV reported on Tuesday. USDT is an asset-backed stablecoin pegged to the U.S. ...

The U.S. Securities and Exchange Commission (SEC) has accepted asset manager BlackRock’s application for a spot Bitcoin exchange-traded fund (ETF), signalling a major step for the potential launch of the country’s first spot Bitcoin ETF. See related article: BlackRock files ...

Hong Kong’s local government on Friday announced the formation of the Task Force on Promoting Web3 Development, citing the potential benefits to many industries of the low cost and transparency in blockchain technology that underpins the idea of a decentralized ...