Memecoins: Real Currency Debate
The rise of cryptocurrencies has revolutionized the financial world, with Bitcoin leading the charge. As cryptocurrencies gain momentum, a new…
Month: August 2023
$740 Million Money-Laundering Scandal Hits Major Singapore Banks with Crypto Seizure
Singapore, renowned for its robust financial system and stringent regulatory framework, was jolted by a money-laundering scandal that involved some…
Active Users Persist Amid 95% Drop in Trading Volumes for Friend.tech
In the ever-changing landscape of financial technology, some platforms face ups and downs that can significantly impact user engagement and…
Bitcoin Holdings on Crypto Exchanges Hit Lowest at 2M in Over 3 Years
The amount of Bitcoin held on cryptocurrency exchanges has reached a new low, with only 2 million coins currently being…
TradFi Blockchain Adoption Guide
Blockchain technology has revolutionized various sectors, including finance. While decentralized finance (DeFi) has gained immense popularity, traditional finance (TradFi) is…
South Korean Parliament Rejects Expelling Lawmaker in Crypto Scandal
The South Korean parliament recently made headlines when it rejected a motion to expel a lawmaker who was involved in…
Genesis Lender Group: Against Inadequate DCG Deal
Genesis Lender Group, a prominent financial institution, has strongly voiced its opposition to the recently proposed DCG deal, citing it…
Digitizing El Salvador’s Governance, Healthcare, and Education with Google Cloud
Google Cloud is set to revolutionize the way governance, healthcare, and education function in El Salvador. The Central American country…
Seba Granted In-Principle Approval to Operate in Hong Kong
Switzerland-based crypto bank, Seba, has recently received in-principle approval from the Hong Kong Securities and Futures Commission (SFC) to operate…
Navigating the SEC’s First NFT Enforcement Action
The Securities and Exchange Commission (SEC) has recently made its first move against a company selling non-fungible tokens (NFTs), marking…
Bitcoin: Is a Breakout from Current Range Imminent?
Bitcoin, the world’s largest cryptocurrency by market capitalization, has long been known for its dramatic price fluctuations. Since its inception,…
Binance Excludes Banco de Venezuela from P2P Payments
In a surprising move, Binance, one of the world’s largest cryptocurrency exchanges, has excluded Banco de Venezuela, the country’s largest…