MAS issues prohibition orders to 3AC’s Zhu Su and Kyle Livingston Davies

The Monetary Authority of Singapore (MAS) has just issued nine-year prohibition orders against the two directors of now defunct hedge fund Three Arrows Capital (TAC), Zhu Su and Kyle Livingston Davies. According to the release by MAS, Zhu Su and Kyle will be prohibited from performing any “regulated activity and from taking part in the […]

Shimza, Enzo Siffredi to Headline AFTER 2049, the Largest Formula One Grand Prix Pre-Weekend Party

SINGAPORE — 25 August 2023 — TOKEN2049, Asia’s premier Web3 and crypto conference, announced an international DJ line-up for AFTER 2049, the official closing event of its upcoming Singapore edition. Headlined by award-winning DJ and producer Shimza, house icon Enzo Siffredi and Hong Kong’s Leon, Milam and Mo-Shi, AFTER 2049 takes place on Friday, 15 […]

50% of Liquidity Providers Lose Money: Here is How To Avoid That

Decentralized Exchanges (DEXs) use Automated Market Makers (AMM) to execute trades autonomously.  Here the user trades against liquidity pools, which are provided by liquidity Providers (LP). Liquidity pools are primarily in pairs e.g. ETH/USD. Trading fees generated by the DEX incentivize liquidity providers  Providing liquidity for DEXs is a type of yield farming and some […]

Social Recommendation Protocol Tako Protocol Closes $2 Million Pre Seed Round with UOB Venture, Mask Network, DWF Ventures and Others

Tako Protocol has raised a $2 million Pre-Seed round from Mask Network, DWF Ventures, UOB Venture, Signum Capital, AC capital, SmrtiLab, HashBrown Research, RSS3 and other angel investors. Tako Protocol aims to build an open social recommendation infrastructure protocol for Web3 social networks. Developers can leverage Tako to create dApps featuring recommendation algorithms, advertising systems, […]

Why You Should Invest in Bitcoin Mining Companies

In the digital age, Bitcoin has emerged as a trailblazer, leading the charge towards decentralized financial systems. As global digitization accelerates, the appeal of cryptocurrencies, particularly Bitcoin, continues to soar.  Bitcoin mining stands out as a sector witnessing remarkable growth and potential. This article explores the burgeoning fascination with Bitcoin mining companies and their potential […]

Trading The Bear: Lessons Learnt From Turning $500 into $10000 in a Month

Have you ever found yourself facing the daunting task of making ends meet in the ever-changing and unpredictable world of financial markets? It’s no secret that earning money can be incredibly challenging, especially during ranging markets which are confronted even more with market uncertainties as compared to bear markets. I recently undertook a challenge to […]

A Complete Guide on Buying Cryptocurrency with Paypal

Cryptocurrencies led by Bitcoin have experienced a remarkable surge in popularity and widespread adoption since their inception. What initially began as a somewhat rebellious alternative to traditional fiat currency in 2009 has grown to the extent of catching the eyes and attention of mainstream corporations and multinational companies.   One of such companies is Paypal, an […]

Exploring Novel Metaverse Approaches Through 5 Unusual Utility-Centric NFTs

From its peak of USD 400M in May 2022, NFT sales have fallen dramatically below USD 50M, what might have happened? The last NFT bull run was primarily driven by speculation, NFT traders boasted about their astronomical gains on Crypto Twitter (CT) through flipping NFTs.  Crypto influencers led their followers to ape into the NEXT […]

Jam will launch the First “Friends Token” dApp for Farcaster and Lens 

Jam, the first dApp introducing the concept of “Friends Token” to Lens and Farcaster. Just like Friend.tech, this feature will enable users to purchase and trade shares of content creators and their posts directly within the social dApps. But that’s not all; users will also have the ability to trade shares of the actual content […]

What is Crypto Insurance and Why Hasn’t it Worked?

The importance of increasing safety in the web3 space cannot be overstated.  In 2022, hackers stole an estimated $3.8 billion from cryptocurrency businesses – the biggest year ever for crypto hacking, and it is only going to get worse.  As the crypto market grows, so too will the number of hackers and the sophistication of […]

Cloud Computing Titans Present Hope for Web3 Space

In an era where Google’s embrace of web3 as a strategic advantage might elicit chuckles from skeptics, a noteworthy shift is underway within the realm of cloud computing giants.  In a recent development, Huawei Cloud unveiled its Web 3.0 node engine for public testing.  This move, aimed at streamlining blockchain network management and authentication, signifies […]

MemeCoin, MemeChain, MemeFunds – Shiba Inu’s faulty contract sees over $2.6m in limbo

Just yesterday, Shiba Inu developers announced the official launch of Shibarium, a Layer 2 network built atop the Ethereum blockchain. With over 21 unique addresses created during its testnet phase, the team was set to capitalize on the current memecoin frenzy, and were aiming to position themselves as a “serious blockchain project”, capitalizing on low […]