China

Global NFT Sales Rise; Hong Kong Embraces NFTs
Bitcoin tumbles with Nasdaq’s worst performance since 2020. Chinese mining rig maker Canaan placed on SEC pre-delisting list. NFT market breaks out of bear territory. Hong Kong sees explosion in NFT exhibitions. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Crypto Mining Rig Maker Canaan Added to SEC List of Scrutinized Chinese Companies
Canaan has until May 25 to dispute its inclusion, which could eventually force its delisting from the Nasdaq.

Square Enix Sells Tomb Raider; US, China’s Crypto Fate
Algorand becomes 2022 FIFA World Cup’s new blockchain partner. Japan’s Square Enix sells Tomb Raider and other titles for blockchain ventures. Skybridge’s Anthony Scaramucci says the U.S. and China can’t ignore crypto. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Two Charged Over N Korea Sanctions; Crypto Market Falls
The U.S. charges two Europeans for helping North Korea evade sanctions with crypto. Blockchain technology comes to the forefront in recording Shanghai’s COVID-19 lockdown. Crypto market tumbles on concerns over Fed hikes and growth in China. These stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

First Mover Asia: Slow Start to the Week for Crypto as China Lockdowns Drag on Stocks, S&P 500
Major equity markets in Asia have declined significantly in recent months, and bitcoin has followed a similar pattern.

Market Wrap: Cryptos Mixed as Global Uncertainty Lingers; Dogecoin Pumps
BTC was roughly flat over the past 24 hours, compared with a 26% rally in DOGE.

Binance Denies Russia Involvement; CoinDCX Talks Future Plans
Binance denies report on sharing client data with Russia. China pushes ahead with plans to showcase the e-CNY at September’s Asian Games. CBDCs and what they mean for the future of stablecoins. Investors double down on CoinDCX despite difficulties in India.

Huobi Exec on Crypto in China Following Crypto Ban
Huobi Financial Officer Lily Zhang discusses her crypto markets analysis and outlook, sharing insights into the state of digital assets in China following the country's crypto ban. Plus, the impact of rising rates on markets and reactions to Tron's Justin Sun announcing the launch of decentralized algorithmic stablecoin USDD.

Hex Trust CEO on State of Crypto in Asia and Expansion Plans
Hex Trust CEO and Co-founder Alessio Quaglini discusses current trends in the Asia crypto markets, noting the regional impact of the China ban. Plus, a conversation about what Hex Trust plans to do with the $88 million the firm recently raised for crypto custody focused on the gaming sector.

US Sanctions BitRiver; Apecoin Steals Doge’s Thunder
Russian crypto miner BitRiver added to U.S. sanctions list. Chinese court says NFT marketplaces obliged to review copyright. Apecoin takes the spotlight as “Doge Day” fails to shine. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

