According to a Bloomberg report, Singapore has proposed additional regulations to reinforce its stance against retail speculation in crypto assets. The new measures include prohibiting individual investors from borrowing to trade and disallowing digital payment token service providers from offering incentives for retail trading, as well as financing, margin, or leverage transactions. The Monetary Authority…
According to a Bloomberg report, Singapore has proposed additional regulations to reinforce its stance against retail speculation in crypto assets. The new measures include prohibiting individual investors from borrowing to trade and disallowing digital payment token service providers from offering incentives for retail trading, as well as financing, margin, or leverage transactions. The Monetary Authority…
In a scathing critique, former US Securities and Exchange Commission (SEC) official John Reed Stark has brought attention to the alleged criminal violations of cryptocurrency exchange Binance and its CEO, Changpeng Zhao (CZ). Stark’s comments shed light on the serious ramifications of these alleged violations, dismissing attempts by what he refers to as the “Big…
Token Terminal, a blockchain analytics platform, predicts Ethereum (ETH), the world’s second most valuable cryptocurrency, can soar above $36,800 by the decade’s end based on total addressable market projects. In an in-depth analysis covering Ethereum on November 23, the analytics platform laid out several reasons that will drive the coin to astronomical levels, nearly 18X from…
According to recent reports, three individuals have been handed jail terms for their involvement in a Bitcoin (BTC) theft case in Ho Chi Minh City (HCMC), Vietnam. Pham Van Thuan, Nguyen Thai Son, and Nguyen Cong Dung were convicted of stealing seven Bitcoin, valued at VND7 billion (approximately $287,500), from a man named Trieu. From…
After the cryptocurrency exchange and its former CEO, Changpeng Zhao, entered a guilty plea to federal charges in the United States, Binance’s Bitcoin reserves were reduced by $200 million. Although CZ has paid his bond, prosecutors are attempting to have him stay in the US until he is sentenced. Based on on-chain data collected by…
Samson Mow, a pivotal figure in nation-state Bitcoin adoption and CEO of JAN3, has sparked a significant debate in the BTC community. Mow, known for his work on Bitcoin Bonds in El Salvador, made a bold statement on the social platform X, indicating a potential rapid surge in BTC’s value. He stated, “It has come…
Sam Bankman-Fried, currently facing legal repercussions in the aftermath of FTX’s troubles, has transitioned his focus from crypto to a unique form of currency: mackerel. In the grim confines of a prison, where inmates are deprived of both traditional and digital currency, the desperation for substitutes unfolds. In this bleak landscape, commodities like specific food…
KuCoin, one of the world’s leading cryptocurrency exchanges, has announced that it will delist 10 altcoins from its platform in order to promote compliance within the crypto exchange. 10 Altcoins To Be Stopped By KuCoin According to KuCoin’s announcement, the 10 altcoins will be removed from the platform due to the altcoin’s failure to meet…
A science fiction movie director has been ousted for using funds awarded to create a movie to gamble on stocks and crypto. Perhaps the most notable gamble made by the director was the investment in Dogecoin, which has got the crypto community talking. Netflix Director’s Big Stock Gamble A report from the New York Times…
