Fri, November 15

Futu Suspends Crypto Services for Futures Trading

Hong Kong online brokerage Futu halts their crypto services for futures contract-based trading. It is due to some regulatory concerns which were raised recently.  Futu Halts Futures Trading Futu securities is recognized as Asia’s top-ranked online broker, providing one-stop online investing services & experience. The customer support of Futu securities

June 18, 2021 1 min read

Iron Titanium Token Drops to Near Zero

TITAN drops to near zero from Wednesday’s high. Whales started to sell TITAN tokens which flooded in excess coins in the market. As TITAN began to fall precipitously, so did the pegged value of IRON. The Iron Titanium token (TITAN), the share token of once-multibillion-dollar decentralized finance (DeFi) protocol, has

June 17, 2021 2 mins read

$225M Raised by XSpring Capital To Develop Financial Marketplace.

XSpring Capital has secured a funding round with partners in Thailand.   $225 million has been raised through a partnership.  Elevated Return is a US-based asset management firm. Elevated Returns portfolio company XSpring Capital has secured a funding round with the partners in Thailand. The aim behind this is to develop

June 17, 2021 2 mins read

Bank Indonesia Bans Cryptocurrency as Payment Method

Bank Indonesia bans cryptocurrency as a  payment method. Cryptocurrency not a legal instrument for payment in Indonesia. The whole cryptocurrency industry is facing many regulatory issues. The governor of the Indonesian Central Bank, Perry Warjiyo declared in the virtual seminar about the ban of cryptocurrency as a payment method or

June 16, 2021 2 mins read

Britishers Are Investing More on Cryptocurrencies

A new Survey in the UK reports that most British responders have bought crypto. Those crypto investors are mostly male under 35. The survey records these youngsters have a better understanding of crypto. According to a survey conducted by UK investment firm AJ Bell, the reports say that Brits are

June 16, 2021 2 mins read

Porsche Drifts Into NFT Market, Chainlink- Integrated NFTs and Mark Cuban Betting Big on NFTs

Porsche launches its NFT subsidiary, Genshiro integrates chainlink into Non-fungible- tokens and Millionaire Mark Cuban invests and bets more on NFT platforms. Porsche into NFT Market The company’s builder Forward 31 launches a startup “Fanzone”. The project developed  for next-level fan experiences. Fanzone’s first partner is the German Football Association

June 15, 2021 2 mins read

The First AI Yield Aggregator on BSC

A DeFi platform states that it provides its first AI yield farming aggregator which is “KingDefi” to interact with users also referred to as Knights, to work on Binance Smart Chain and Solana. Aggregators carry together multiple protocols and present them in a unified manner for easier use. Aggregation, when

June 15, 2021 2 mins read

Dutch Finance Minister Resists on Cryptocurrency Ban

Wopke Hoekstra, Dutch Finance Minister raised voice against the cryptocurrency ban in the country.  Instead he suggested an effective regulation for crypto rather than total ban. Pieter Hasekamp, Netherland’s local officials advocated a total ban on cryptocurrency. The local news agency NU.nl shared the report last Friday. The reason he

June 14, 2021 2 mins read

Crypto as New Payment Accessibility

The majority of consumers are becoming more reliant on digital payment solutions, from QR code payments to mobile banking apps, as mobile technology becomes more prevalent. In addition, crypto has become the next trend on social applications as more consumers have jumped in the bandwagon of the crypto trend. Government-led

June 14, 2021 2 mins read

DeFi Is Going To Redefine Traditional Finance as We Know It

Ever since the birth of crypto the financial world as we know it has been on the verge of extinction, and the last nail in the coffin might be the mass adoption of DeFi.  DeFi as a concept has been around for a while. As soon as the technology matured

June 13, 2021 2 mins read