Mon, April 14

Indian Railways Leverages Blockchain Based NFT Train Tickets for MahaKumbh Mela

Indian Railways is offering NFT-based train tickets to the visitors of MahaKumbh Mela 2025 in association with Chaincode Consulting. Minted on the Polygon blockchain, these tickets bring the travel experience to life for millions who attend the most important Hindu pilgrimages. The MahaKumbh Mela, which takes place every 144 years

January 13, 2025 2 mins read

HashKey Eyes Middle East Growth with In-Principle Dubai VASP License Approval

HashKey Group, one of the biggest digital asset financial services providers, has received an In-Principle Approval (IPA) for the Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). This approval came after registration approval from the VASP, the Central Bank of Ireland, only a week

January 13, 2025 1 min read

Singapore Bans Polymarket Over Unlicensed Gambling Operations

Singapore has officially banned Polymarket, labeling it an illegal gambling platform. The restriction follows the country’s stringent Gambling Control Act 2022, prohibiting unauthorized online betting activities.  Visitors to Polymarket’s site in Singapore now face a warning from the Gambling Regulatory Authority (GRA), stating potential penalties of up to $10,000, six

January 13, 2025 2 mins read

Investor Sentiment on Edge Ahead of US CPI and PPI Inflation Data

As a result of rising macroeconomic concerns, investor sentiment has been all over the place recently, sending the financial market into a tailspin. Recent economic indications, such as US job figures and hawkish words by Fed members, have heightened fears among investors. That being said, later this week, investors will

January 12, 2025 2 mins read

NY Attorney General Takes Action to Recover $2M Stolen in Crypto Job Scam

The victims of the cryptocurrency scam who were tricked into purchasing it in the hope of finding remote job possibilities had more than $2 million stolen from them, and New York Attorney General Letitia James is taking legal action to get it back. In a statement released on January 9th,

January 12, 2025 2 mins read

Messari Lays Off 15% of Staff Amid Organizational Restructuring

According to a direct message from CEO Eric Turner to The Block, about fifteen percent of the employees at cryptocurrency data portal Messari have been let go.  As part of an effort to “streamline the business and double down on the growth we’ve seen across our core product lines,” Turner

January 11, 2025 2 mins read

North Dakota Considers Bitcoin Reserve Idea Post Treasuries’ Success

The Asian crypto community woke up this weekend to news of Bitcoin facing pressures at $94K. While there has been low activity, the altcoin sector shows mixed signals, with several tokens holding on to bulls and others giving in to bears. Meanwhile, Bybit halting services in India due to regulatory

January 11, 2025 2 mins read

UK Treasury Clears Crypto Staking of Collective Investment Scheme Oversight

The United Kingdom’s Treasury has enacted a change in its regulation of cryptocurrency. It has announced the amendment to the Financial Services and Markets Act 2000 (FSMA) to exclude crypto staking from being classified as part of collective investment schemes (CIS).  This rule will become effective on January 31, 2025.

January 10, 2025 2 mins read

Korean Cube Entertainment CEO Kang Seung-gon Accused of Scam Coin

Co-CEO of VT and co-CEO of Cube Entertainment, Kang Seung-gon was suspected to be involved in a crypto scam. He was alleged of using Cube Entertainment for inflating a cryptocurrency called “Nestree”. While Kang denied all the accusations, victims are considering taking legal action against him.  As per the local

January 10, 2025 2 mins read