BlackRock, ARK Invest & More: Meet The 8 Companies Racing For a Bitcoin SPOT ETF
The Bitcoin Exchange Traded Fund (ETF). Numerous companies have made attempts in the past to develop a Bitcoin ETF, but so far, none have been successfully established or approved by the authorities in the United States. However, a potential breakthrough may be on the horizon as notable giants in the industry have been filing for […]
“At Worst it’s a full blown scam” – Fund Manager Addresses OPNX Business Model
OPNX exchange, a claims marketplace founded by 3AC co-founders Su Zhu and Kyle Davies, has recently come under fire due to its allegedly dubious business model. Short for “Open Exchange”, OPNX allows users to trade crypto and tokenize claims, including creditors’ claims for the now defunct cryptocurrency exchange FTX. However, the technicalities of how these […]
Ordinals Summit 2023 in Singapore set to be Asia’s first large-scale Bitcoin Ordinals event
Ordinals Summit 2023, Asia’s first Ordinals event of its scale, will be held on 12 September 2023 at PARKROYAL COLLECTION Marina Bay in Singapore. The single-day event will take place during Crypto Asia Week, ahead of the Formula 1 Singapore Grand Prix 2023 weekend, and is expected to host hundreds of attendees from around the […]
A Peak Into New MAS Chairman Lawrence Wong’s Stance on Crypto
On the 13th of October this year, Singapore is set to witness its next presidential election as current president Halimah Yacob declines a second term. Amongst the potential candidates is Mr. Tharman Shanmugaratnam, who announced his resignation from all his positions in the government in June this year, including that of Chairman of the Monetary […]
Asia’s Premier Web3 Conference Token2049 is Returning in September: Here’s What To Expect
TOKEN2049, Asia’s premier Web3 and crypto conference, has announced its first batch of high-profile title sponsors and headline speakers for its much-anticipated Singapore return. TOKEN2049 will take place from 13-14 September 2023 at Marina Bay Sands, ahead of the Formula 1 Singapore Grand Prix 2023 race weekend. TOKEN2049 is set to welcome over 10,000 attendees […]
Future Proofing The Blockchain: Chainlink’s CCIP Mainnet Goes Live With Synthetix, Aave Integration
Chainlink, the leading decentralized oracle network for smart contracts on the blockchain, has announced today that their Cross-Chain Interoperability Protocol (CCIP) has entered the Mainnet Early Access phase on a number of networks, including Ethereum and Optimism. Chainlink’s CCIP is the next step in the project’s roadmap, and helps users to transfer assets and information […]
BNB Shorts Reach Record Highs as Binance Cuts Over 10% of Staff
Binance, one of the largest cryptocurrency exchanges in the world, has reportedly let go of over 1,000 employees in their latest round of layoffs. According to reports from the Wall Street Journal, their customer service division was most heavily affected by the announcement, with someone familiar with the matter noting that Binance could be at […]
What Do Crypto Market Makers Really Do?
The cryptocurrency space has witnessed a significant surge in activity and adoption over the past decade. As of 2023, there are over 420 million crypto users across the world, according to data from Triple A. To put this into context, a study by Cambridge Centre for Alternative Finance showed that the number of ID-verified crypto […]
Ripple Surges as Judge Rules XRP Not a Security
Just today, a New York Judge has ruled that Ripple’s sale of its native token $XRP does not constitute an offer of investment contracts, and that Ripple is not a security. This landmark decision comes after years of legal back and forth between Ripple and the SEC after the commission had alleged Ripple for conducted […]
Upgrading BNB Network: ZhangHeng Hard Fork Unveils New Features
BNB Chain, formerly known as Binance Smart Chain (BSC), is set to undergo a scheduled hard fork , christened the “Zhang Heng” upgrade. The name refers to a Chinese scientist and stateman who was also renown for his many inventions and poetry. This upgrade aims to improve security and stability within the network. With the […]
NFTs Now Available: Google Play Allows Apps and Games to Offer Tokenized Digital Assets
In a move that emphasizes its commitment to fostering innovation while prioritizing user protection, Google has announced an update to its policy that allows for the integration of Non-Fungible Tokens (NFTs) within apps and games on the Google Play store. With this new development, developers now have greater flexibility to create engaging and immersive digital […]
BRC-20 Explained: How Do Tokens and Ordinals Work on The Bitcoin Blockchain?
In a remarkable display of growth, the BRC-20 token standard has been steadily gaining momentum, with the number of tokens expanding to a staggering 14,200 and continuing to rise. Consider this scenario: Suppose you had made a calculated investment of $1,000 to mint $ORDI tokens when they were priced at a mere $0.10 per token. […]
