Evergrande ordered to be liquidated by a Hong Kong court, China’s state media says

cnn.com/2024/01/29/bus…

In this special edition of Forkast.News' Forkast IQ, Megha Chaddah spoke to Animoca Brands Chairman Yat Siu Yat Siu about digital property rights, creator economy, AI, and the move to half a trillion dollars.

bit.ly/3QLTXyF forkast.news/video-audio/cr…

IQ with Megha Chaddah:

👉UK’s FCA, BOE publish papers on stablecoins
👉FTX revival?
👉HK to allow asset tokenization
👉Ludovic Shum on the SFC’s license
👉Markets with Gregoire Magadini Amberdata
👉NFTs with hudah.ron
👉a16z opens UK office forkast.news/video-audio/uk…

Return of FTX?

FTT, native token of the FTX exchange, surged 65% as SEC Chair Gary Gensler expressed openness to restarting the exchange. forkast.news/ftt-up-65-secs…

🔥Crypto market heating up!

#Ether hits a milestone, crossing the US$2,000 mark for the first time since April 2023. #Bitcoin isn't far behind, surpassing US$37,000. forkast.news/bitcoin-tops-u…

🎮💸Real world use cases drive crypto adoption, according to Chengyi Ong, of Chainalysis. Blockchain-based gaming and remittances among top drivers toward adoption in central and South Asia. Will Fee has the latest.
forkast.news/grassroots-cry…

🚨The Taipei District Prosecutors Office requested JPEX Taiwan’s chief partner, Chang Tung-ying, to be held in custody over an alleged fraud case related to the crypto exchange. Head to Forkast.News for more.

bit.ly/47pbMKn

Bitcoin is above US$36,000 for the first time since 2022 as Thursday kicks off the first day of an 8 day period for the U.S. SEC to “theoretically approve” pending spot Bitcoin ETFs.

Where will #Bitcoin reach if an ETF is approved? Comment below ⬇️ forkast.news/bitcoin-breaks…

Web3 hub crown 👑

🇭🇰🇸🇬🇦🇪While Hong Kong and Singapore compete for the top spot, Dubai is already shaping the future of fintech and Web3, writes Mohammad Alblooshi, chief executive officer of the DIFC Innovation Hub.

Mohammad Alblooshi DIFC Innovation Hub forkast.news/dubais-ascent-…

The Simpsons dedicated its annual Halloween special to NFTs, as data signals continued uptrend in the NFT market. hudah.ron has this exclusive.

The Simpsons forkast.news/nfts-simpsons-…

📅🇦🇪 Dubai's VARA Sets Deadline: Over 1,000 crypto firms must finalize applications by Nov. 17.

Head to Forkast.News for more. forkast.news/dubai-calls-cr…

The Bank of England (BOE) and the Financial Conduct Authority (FCA) will regulate sterling-denominated stablecoins, the central bank announced in a discussion paper released on Monday. forkast.news/bank-of-englan…

Yuga Labs, the powerhouse behind Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), is joining forces with Solana-based NFT marketplace Magic Eden to introduce a fresh Ethereum-based marketplace by year's end. 🚀🌐 forkast.news/yuga-labs-magi…

The conviction of Sam Bankman-Fried, the founder of the bankrupt FTX exchange, brings closure to a dark chapter in the cryptocurrency industry, Yat Siu, the co-founder and chairman of Animoca Brands, told Forkast. forkast.news/sbf-conviction…

The Sam Bankman-Fried verdict brings a 'final closure to a very dark chapter in our industry', said Yat Siu Yat Siu of Animoca Brands speaking to Forkast.News.

Forkast IQ hosted by Megha Chaddah:

💡SBF guilty on seven counts of fraud
💡Latest from Hong Kong Fintech Week
💡Neo Smart Economy holds Web3 event in HK
💡Backpack @xNFT_Backpack to launch with Dubai's VARA license
💡NFTs with hudah.ron
💡Singapore, Japan, Switzerland, UK…

🚨 Verdict Reached 🚨

Sam Bankman-Fried, FTX founder, convicted on seven counts of fraud and conspiracy. Maximum sentence: 115 years. Next court hearing set for March 28, 2024.

Head to Forkast.News for the latest in crypto.
forkast.news/sam-bankman-fr…

🌐 PayPal Expands Reach

PayPal, the global payments giant, secures registration as a cryptocurrency service provider with the UK's Financial Conduct Authority (FCA). Zoltan Vardai has more forkast.news/paypal-registe…

🚨 Breaking News 🚨 PayPal, the global payments giant, faces a subpoena from the U.S. Securities and Exchange Commission (SEC) regarding its PayPal USD (PYUSD) stablecoin. forkast.news/paypal-subpoen…

“He spent his customers’ money and lied about it. It went to cover expenses, purchase property and to make political donations,” US Attorney Nicolas Roos told the jury in the final stage of the SBF trial.

Head to Forkast.News for more.
forkast.news/sbf-trial-fina…