MAS is actively enhancing its surveillance of the expanding cryptocurrency market. The central bank would soon consult the public on potential stable coin regulations. Tharman Shanmugaratnam, the minister in charge of the Monetary Authority of Singapore, said that the central bank evaluates stablecoin laws and that it will review the
August 3, 2022 1 min read
Ledger, the leading platform for producing hardware used to secure digital assets, has planned to invest at least $100M to expand its business. The company received a valuation of approximately $1.5 billion after raising $380 million in the Series C finance round last year, which was led by 10T Holdings.
August 2, 2022 1 min read
Recently many bridge hacks happened like the Ronin and Wormhole bridge hacks. In the hack, Nomad lost the wrapped Bitcoin worth 2.3 million. Nomad is a cross-chain bridge that serves as a cheap and secure means of transferring funds between chains. It was attacked on August 1, and around $200
August 2, 2022 2 mins read
The crypto market is now entering a bullish market. The top 5 gainers from the past 7 days are OP, ETC, BTG, RVN, and QTUM. These are the top 5 gainers from the previous week, according to Coin Market cap with a total market cap of $1.10T, which rose 4.85
July 29, 2022 2 mins read
KuCoin has launched “Anti-FUD Funds” There are 3 main aims for launching the FUD Funds On the well-known cryptocurrency exchange KuCoin, users can buy, sell, and trade cryptocurrencies. Johnny Lyu, the CEO of KuCoin, has established funds for FUD, commonly known as the “Anti FUD-Fund,” to take legal action against
July 29, 2022 2 mins read
Market cap of BTC rose up to $438 billion after a 7.56% gain. According to CMC, the top gainers of the day are LDO, SNX,BCH, BTG and UNI. The crypto market has popped into the recovery path after a horrible episode of crashes over the past few months. It has
July 28, 2022 2 mins read
Nubank allows users to buy and sell BTC and ETH. Nubank also aims to set foot in the tokenization market. On July 26, Brazil-based digital bank Nubank revealed that one month after launching its cryptocurrency services, it has acquired 1 million users on its crypto trading platform. The platform that
July 27, 2022 1 min read
According to the IMF, the economy dropped from 6.1% last year to 3.2 %in 2022. The crypto market dropped below $1trillion from its all-time high of $3 trillion. Since the beginning of the year, the global economy has been in a gloomy and depressing state, and multiple incidents this year
July 27, 2022 2 mins read
The fintech Block Earner aims to yield cryptocurrency with minimal risk. The low volatility of AUD cash deposits between April and July resulted in the firm’s profits. Block Earner, an Australian fintech startup built on blockchain technology that is delivering a new era of financial utility to the public, has
July 26, 2022 2 mins read
On the BNB chain, the top-ranking coin is RAMP. The top 5 coins in the BNB Chain are RAMP, FWT,YFII, EPS, and CEEK. BNB stated that they increased the gas fees to increase the network capacity and to provide a seamless dApp experience. The top gainers from the past 24
July 25, 2022 2 mins read