Cumberland SG Pte. Ltd., the Asian arm of U.S.-based cryptocurrency trading firm Cumberland, has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. While an IPA indicates MAS’s willingness to issue a license after certain conditions are fulfilled, it is not
Today, M2, a prominent cryptocurrency exchange and investment platform, announced a strategic alliance with NiceHash, the leading hashrate marketplace in the world that serves more than a million miners worldwide. With the help of this collaboration, miners all around the globe will have easy access to flexible lending options in USDT, enabling
In light of President Donald Trump’s recent announcement to establish a U.S. “Crypto Strategic Reserve,” which includes major cryptocurrencies such as Bitcoin, Ethereum, XRP, Solana, and Cardano, DefiTax.us is proud to launch its innovative tax reporting platform tailored for decentralized finance (DeFi) users. This strategic move by the government has
Web3 game CBT (Competitive Beta Test) platform xCBT has officially announced that it is launching on Abstract, a consumer-centric Layer 2 network developed by Igloo. xCBT has been on a solid growth trajectory, having secured USD 1 million in seed investment through the support of well-known figures in the gaming
Litecoin (LTC) and Avalanche (AVAX) are already losing steam as it is. LTC and AVAX’s prices have been falling for weeks now due to the current market-wide downturn. However, now that FXGuys’ ($FXG) entry to the market is imminent, experts believe that Litecoin and Avalanche will further retreat into the
As financial restrictions tighten in various regions, Project Yafa is stepping up with a blockchain-based financial solution designed to empower individuals facing systemic economic limitations. Built on Solana, the $YAFA token provides a decentralized alternative, allowing users to transact, store value, and participate in the global economy without reliance on
Canary Capital has officially submitted paperwork to the U.S. Securities and Exchange Commission (SEC) for a Sui (SUI) exchange-traded fund (ETF). This follows a series of crypto ETF applications from the firm, including ones for Dogecoin (DOGE), Solana (SOL), and XRP. The hedge fund manager’s latest move comes after it
The crypto market has been seemingly entering a consolidation phase over the past few days. The lack of significant action has caused FUD among investors, which has, in turn, initiated a selling spree among short-term traders. Meanwhile, the ETF sector and crypto reserves still show increased activity despite the price
The price of XRP and the ADA price have been facing some turbulence recently as they have dropped on the monthly charts. Although market experts like Crypto Diplomat and Ali have made some bold price predictions for these top altcoins, a lot of traders are looking at other options that
The crypto market is attempting to bounce back from a series of declines, but mixed signals suggest uncertainty. Meanwhile, the meme coin sector holds a market cap of $51.6 billion, with PEPE, the frog-themed token, gaining over 6.07%. In the early hours, the meme coin has formed a daily low
