Bitcoin miners may soon face tougher digging
As the crypto hashrate continues to recover, miners will likely have to work harder for their coins.
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Binance taps former SGX chief regulatory officer as Singapore CEO
Binance Singapore today announced the appointment of Richard Teng, former chief regulatory officer of the Singapore Exchange (SGX), as chief executive, bolstering its leadership ranks with former regulators while battling growing regulatory woes around the world. Fast facts Teng was CEO of the Abu Dhabi Global Market for six years before stepping down in March.…
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Digital securities exchange ADDX join Investcorp to offer tokenized US real estate fund
ADDX, a digital securities exchange headquartered in Singapore formerly known iSTOX, has partnered with Investcorp, a Bahrain-based alternative investment management firm to offer a tokenized real estate fund focused on residential properties in the United States, ADDX announced on Thursday. Fast facts Investcorp raised US$150 million for the fund that has invested in five multi-family…
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Binance users burned by outage band together to take legal action
Crypto traders who suffered losses on Binance due to tech outages are turning to arbitration and crypto litigation finance.
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Thailand publishes CBDC study results, pilot test to start in 2022
The Bank of Thailand today published the results of its retail central bank digital currency (CBDC) study and public survey, which the central bank says will guide the development of the country’s CBDC pilot test. Fast facts The Bank of Thailand underscored that a CBDC for the general public “must not adversely affect monetary policy…
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Shutdown of dark web tool Antinalysis suggests harder times ahead for crypto criminals
Money laundering token tracer developed using AMLBot application programming interface was suspended within eight hours of public exposure.
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OpenSea dumps Pepe the Frog NFT series
Despite having verified it, and with investors already spending millions on the project, OpenSea has delisted the NFT series after being notified by its creator.
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BIT Mining revenue soars despite losses from operational pivot
Operating costs and crypto bear market suck up cash after former lottery operator bets on digital assets
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How stablecoins can help investors weather crypto storms
Notwithstanding Iron Finance’s collapse, stablecoins can play important roles for consumers and the economy, writes Julian Hosp of Cake DeFi.
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Ripple decries SEC’s demand for employee Slack messages on XRP
Ripple claims the SEC’s request for 1 million more of the company’s internal messages is costly and unlikely to resolve disputes at the heart of the litigation.