Singapore has now passed a Financial Services and Markets bill that will tighten regulations for crypto firms across the country, Bloomberg reported on Tuesday. The bill, which was passed on Tuesday, ...
Tag: altcoin news
Crypto Investors Store 40% of Assets on a Single Exchange
A Yearly Crypto Security Self audit report published by crypto security company NGRAVE shows that a significant number of cryptocurrency investors still store their assets on a single exchange platfor...
UK Government Announces NFT Mint and Plan to Dominate Crypto
The UK government has been making consistent efforts to increase the country’s involvement in the global digital asset industry. In a new development, the UK government has revealed plans to issue a n...
Georgia Reveals Plans to Regulate its Crypto Market
Georgia is currently planning to set up regulatory frameworks that will guide the use of cryptocurrencies in the country. The framework will include licensing, compliance testing, and Anti Money Laund...
Crypto Adoption as Inflation Hedge Takes Off in Brazil and Indonesia
A recent survey conducted by cryptocurrency exchange Gemini has revealed that crypto adoption spiked in 2021. Over 30,000 investors around the world acquired digital assets last year to curb the infl...
Terra (LUNA) DeFi TVL Reaches $30B Milestone
The algorithmic stablecoins platform, Terra, has recently been witnessing increased DeFi activity, with both the network’s total value locked (TVL) and native token, LUNA, reaching new all-time highs ...
DeFi Protocol Inverse Finance Suffers $15M Hack
Blockchain security firm PeckShield raised an alert on Sunday that DeFi protocol Inverse Finance has been exploited with hackers draining around $15 million. According to findings by the security firm...
Can BTC Flip $50k This Month?
Bitcoin ended the first quarter of 2022. Price most definitely didn’t go as planned for the bulls planned as Bitcoin closed the past three months almost the way it started. It failed to retest $50k si...
Indonesia’s New Crypto Tax Law Will Take Effect on May 1
Indonesia has joined a growing list of countries to impose taxes on cryptocurrency transactions and revenues. Indonesia Unveils Income Tax and VAT for Crypto An Indonesian tax official has revealed th...
Top Discord Channels for NFTs Compromised in Massive Phishing Attack
Bored Ape Yacht Club (BAYC) Discord server has just been compromised in a reported massive phishing attack which has led to the theft of at least 1 MAYC NFT. The incident was first identified and aler...
Turkish Prosecutor Seeks 40564-Year Jail Term for Crypto Exchange CEO Over Alleged $24M Fraud
A cryptocurrency exchange boss alongside his cohort of executives could face the longest jail term in crypto history if found guilty over an alleged $24 million fraud. A Bloomberg report on Friday rev...
Italian Fashion Brand Off-White Now Accepts Crypto for Payments
One of the world’s hottest fashion brands, Off-White, is now accepting cryptocurrencies as payments for its service. Off-White Enables Crypto Payments According to the report, Off-White has started ac...
BNY Mellon Becomes New Custodian of USDC Reserves Via Partnership With Circle
Circle, a global Internet financial payments company and issuer of the USDC stablecoin, announced today that the Bank of New York Mellon Corporation (BNY Mellon) has become the primary custodian of US...
A Promising Partnership Between IBC Group and TDeFi
With whales taking over the crypt-currency space and leaving no room for any new investors, this space is now full of obstacles that prevent it from becoming as consumer-friendly as possible. This is ...
Polkadex is Becoming the First Cross-chain Orderbook-based DEX Thanks to its Latest Testnet Release: Thea
Thea, Polkadex’s innovative interoperability layer, is now available on the Polkadex testnet. Thea will connect the Polkadex blockchain to Ethereum before adding support for more blockchains. The toke...
What is Terra (LUNA)? Learn All About Terra Without the Hype
Launched in 2019, LUNA is a native cryptocurrency of the Terra network, a blockchain project that was developed by South Korean firm Terraform Labs. The tech firm is co-founded by blockchain developer...
Crypto Investor Shot Multiple Times in an Alleged $450k Wristwatch Robbery
On the early morning of the 18th of March, a French crypto investor was allegedly attacked by a robber who wanted to steal his $450,000 worth of Richard Mille wristwatch. The 33-year-old victim, Pierr...
Wave Financial Launches $100M Fund for Cardano DeFi Ecosystem
Wave Financial has launched a new fund dubbed the Wave ADA Yield Fund to help support new decentralized finance (DeFi) projects being built on the Cardano network. Wave Financial Launches $100M Fund W...
Blockchain.com Hits $14 Billion Valuation Following Fresh Funding
Leading cryptocurrency financial services company Blockchain.com is now valued at $14 billion following a fresh funding round, Bloomberg reported on Thursday. However, the amount raised was not disclo...
Terra’s UST Reserve Hits New Milestone Above 30,700 BTC ($1.4B)
Terra, a blockchain project that allows developers to build decentralized applications, has purchased an additional $139 million worth of bitcoin, pushing the project’s total reserve above 30,700 BTC...
Zilliqa Went up by 50%. Time to Enter or Exit?
Zilliqa is on its second day of consistent gains. It started the uptrend last week but stopped on Monday as it experienced some bearish action. ZIL has gained more than 200% over the last seven days a...
Totem Media Announces KYC Process for Investors in 1st Presale Round
Dolz announces the opening of its KYC (Know Your Customer) process in collaboration with Synaps.io. This identity verification requirement is addressed to the participants of its presale, with the tot...
Ukrainian Rescue Token is Launching to Support Warring Country
A group of crypto activists has launched Ukan Token (UKAN), a rescue token designed as a decentralized community for humanitarian purposes. UKAN is dedicated to supporting the Ukrainian government’s r...
Lionel Messi Inks $20M Deal With Crypto Fan Token Platform Socios
Popular soccer star Lionel Messi has secured a multi-year partnership with Socios.com, a crypto fan token company. The football star will serve as the firm’s global brand ambassador for three years u...
Bashoswap To Host AMA On Cardanodaily Ahead Of $BASH Initial Sale
The Cardano blockchain has seen dramatic improvements this year. It has proven to be secure and scalable since the Alonzo Hard Fork in September which brought smart contract capabilities and saw lots ...
The Ultimate Guide to Ronin Network (RON) (Gem or Not?)
The Ronin network is an Ethereum-linked sidechain that was created specifically for blockchain games. It is backed by Sky Mavis, the gaming studio behind popular blockchain game Axie Infinity. Ronin’s...
Here’s How DeFi Is Enabling Passive Income for Gaming Enthusiasts
There’s no denying that the decentralized finance (DeFi) sector has continued to garner an increasing amount of mainstream traction in recent years, as is highlighted by the fact that the total value ...
Huobi Tech to Launch Crypto ETF For Retail Investors in Hong Kong
Publicly-traded company Huobi Tech announced today that it has submitted a proposal to the Hong Kong Securities and Futures Commission (SFC) to launch a crypto Exchange-Traded Fund (ETF). Huobi Crypto...
Axie Infinity’s Ronin Network Loses $625M+ to Exploit
The Ronin Network, an Ethereum sidechain developed by blockchain gaming platform Axie Infinity, has been compromised. According to a Tuesday community alert from Ronin developers, hackers stole approx...
There’s No Intelligent Way to Value It
Veteran investor Joel Greenblatt said he has not bought any bitcoin because he thinks there is no intelligent way to value the cryptocurrency. Joel Greenblatt Owns No Bitcoin In a Tuesday episode of t...
French Football Club Monaco Partners With Capital Block to Join NFT Craze
The French Football Club Association Sportive de Monaco Football Club SA, also known as Monaco, has partnered with the entertainment and sports NFT company, Capital Block, to enter the NFT world. Capi...
Leverage! MicroStrategy Subsidiary Lands $205M Loan to Buy More Bitcoin
MacroStrategy, a subsidiary of publicly-traded company MicroStrategy, has obtained a $205 million loan term to purchase more bitcoin. The latest development represents the first move by MicroStrategy ...