Search Results for “MAS” – Page 109

The X-to-Earn model: Eat, sleep, do almost anything and get paid in crypto

Are you a good runner? Or eater? Or sleeper? Chances are whatever you’re good at, there’s a Web3 project out there to reward you in crypto. But do the tokenomics stack up?
Indonesia’s biggest tech firm buys local crypto exchange

Indonesia’s biggest tech firm GoTo Gojek Tokopedia (GOTO) has forayed into the cryptocurrency market with the purchase of local crypto exchange Kripto Maksima Koin for US$8.38 million. See related article: Indonesia’s wholesale CBDC to be ready for bank use by year end: report Fast facts GoTo has acquired 100% of Kripto Maksima Koin shares for…
Crypto lender Hodlnaut placed under creditor protection by Singapore court

Singapore-based crypto lender Hodlnaut has been placed under Interim Judicial Management (IJM), a form of creditor protection, and will now be managed and controlled by interim judicial managers appointed by court order. See related article: Singapore’s central bank says cryptocurrencies have ‘no fundamental value’ Fast facts Hodlnaut said its legal representatives attended the IJM hearing…
Most crypto “still junk”, JPMorgan’s blockchain lead claims

Excluding a few dozen tokens, most cryptocurrencies are bound to “go away,” according to Umar Farooq, Chief Executive Officer of JPMorgan’s blockchain unit. See related article: Singapore’s MAS says needs to do better job explaining crypto policy Fast facts “Most of crypto is still junk,” he said at the Monetary Authority of Singapore’s Green Shoots…
Why the crypto world needs more women as leaders and investors

Women foster a better environment for innovation and are sober with money — which is what the industry needs, writes Gracy Chen of Bitget.
China exploring blockchain for energy trading

The National Energy Administration (NEA) will explore blockchain-based power trading platforms to facilitate electricity trading between self-contained power generation units and the state and national grids, according to a policy document released last Friday. see related article: The Bitcoin-energy connection intensifies Fast facts see related article: Here’s why Australia can’t use its empty deserts to mine…
Huobi-incubated Chinese NFT platform iBox ends international operations

Its operations in mainland China are continuing as normal.
Crypto ATM Bitcoin Depot unveils US$885 mln SPAC listing plans

Bitcoin Depot has announced its backdoor listing plans on the Nasdaq by the first quarter of 2023 via a merger with special purpose acquisition company (SPAC) GSR II Meteora at an estimated equity value of US$885 million, the crypto ATM operator said in a statement. See related article: Bitcoin ATMs face existential threat in Hong…
Crypto miners plan to fork Ethereum, will it make a difference to the Merge?

Ethereum has by far the most developers from DeFi projects to NFTs so how are they expected to respond to a plan by Etheruem miners to fork the network, a move miners argue is needed to stay in business.
How Web3 can reduce concert ticket fraud and clean up the industry

The $65-billion event ticketing industry is riddled with skulduggery, but NFT technology can transform it for the common good, writes Josh Katz of Yellowheart.