The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail participation, and rules on the use of leverage when transacting in cryptocurrencies.” MAS Considers New Restrictions on Crypto Trading Tharman Shanmugaratnam, the minister in charge of the Monetary …
The former head of short video giant TikTok’s gaming unit, Jason Fung, is launching a blockchain gaming startup as one of two co-founders, he told Reuters in an interview, as the buzz around blockchain games grows while sector heavyweights remain wary. The 34-year-old left TikTok last month after two years with the firm, and his …
Former TikTok Gaming Head to Launch Blockchain Games Startup as Big Players Keep Away Read More »
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s …
Indian crypto exchanges have recorded a nosedive in trading volumes after the one percent TDS rule on each transaction went live on July 1. The average daily transaction volume on Indian exchanges WazirX, CoinDCX, BitBNS, and Zebpay reportedly dipped to $5.6 million (roughly Rs. 44 crore) in the last few days. Up until June, this …
Crypto Trading Volumes in India Take a Hit Following TDS Rule Enforcement Read More »
The public prosecution of the Federal District, located in the center-west region of Brazil, has launched its own cryptocurrency investigation unit. The newly formed unit will focus its activities on aiding other prosecutors in cryptocurrency investigations, and also educating consumers about the safe use of cryptocurrencies. Cryptocurrency Crimes Unit Launched in Brazil Cryptocurrency …
Brazil Creates Crypto-Dedicated Investigation Unit – News Bitcoin News Read More »
Crema Finance, a Solana blockchain-based liquidity protocol, lost a big chunk of crypto assets after being breached in a hack attack over the weekend. Crypto assets worth $8.78 million (roughly Rs. 69 crore) were leaked out of Crema Finance after the hacker(s) deployed a smart contract and used it to lend a flash loan and …
Solana-Backed Crema Finance Loses $8.78 Million Worth of Cryptocurrency in Hack Attack Read More »
Eric Schmidt, who was CEO of Google, has declared that there is confusion about the concept of the metaverse and what it means for people. Schmidt stated that, even with a company like the former Facebook pivoting its operations to occupy the metaverse market, there is still not a clear definition of the concept and …
