As per the Swiss multinational investment bank, UBS Group, the high-net-worth clients in Asia are slowly shifting away from US dollar-based investments and preferring gold, cryptocurrencies, and Chinese assets. The co-head of wealth management for Asia of the Swiss bank, Amy Lo, stated that Gold is getting very popular in
May 14, 2025 2 mins read
A decentralized liquidity pool, Curve Finance has changed its official web domain from Curve.fi to Curve.finance after a DNS hijack that opened the way to a phishing attack. A spokesperson of the platform revealed that the new domain is safer to use. He also made clear that all the funds
May 14, 2025 2 mins read
The Democratic Party of South Korea revealed a Digital Asset Committee on May 13. The Committee will be dedicated to bringing crypto regulation directly to the office of the next president. On the same day, the committee held its first meeting at the National Assembly Members’ Hall in Seoul. Also,
May 14, 2025 2 mins read
The CoinShares report reveals that the global crypto investment product generated around $882 million in the last week and has taken the year-to-date inflows to stand at $6.7 billion. However, it is still less than the record of $7.3 billion made at the beginning of February. In the past four
May 14, 2025 2 mins read
The Indian Government has instructed the crypto exchanges functioning in India to be extra cautious for transactions associated with persons residing in Jammu and Kashmir and in border areas. The financial intelligence unit, the central agency that limits money laundering and financial crimes, instructed this to various local Crypto platforms.
May 13, 2025 2 mins read
A wave of excitement and fear at the same time can be witnessed in the users of WazirX as the Singapore High Court is going to review the recovery plan of the exchange on May 13, 2025. If the plan is approved, this move will be the first actual step
May 13, 2025 2 mins read
Trump Media’s social media network, Truth Social, has rejected the rumours of the launch of a memecoin by the platform, surfacing on social media. The official Truth Social account posted on its platform, denying the rumours, Truth Social is not introducing a memecoin. Truth Social is owned by Trump Media
May 13, 2025 2 mins read
The new chairman of the U.S Securities and Exchange Commission, Paul Atkins, has reassured to enact a clear crypto regulatory framework in a roundtable of the SEC on May 12. The title of the roundtable was Tokenization: Moving Assets Onchain: Where TradFi and DeFi Meet. The participants of the event
May 13, 2025 2 mins read
A digital asset trust company, BitGo, recently got a MiCA license from BaFin. The license will permit the firm to offer regulated crypto services over the European Union. On May 12, BitGo announced through a blog post that the firm had received a license from Germany’s Federal Financial Supervisory Authority
May 12, 2025 2 mins read
The crypto market has noted a significant recovery this month, having Bitcoin hitting the $100,000 mark once again and Ethereum rising over 40% week-over-week. This week, around 30 projects are all set to unlock a total of $774 million worth of tokens. The move will result in the test of
May 12, 2025 2 mins read