Search Results for “UST” – Page 423

How will digital money play into banking’s future?

Blockchain technology is rapidly transforming the finance sector. DBS Bank CEO Piyush Gupta offers an insider’s look at what’s coming next.
China plans crackdown on illegal fundraising in metaverse, NFTs

China Supreme People’s Procuratorate warned of “severe punishment” for financial crimes such as illegal fundraising and money laundering in a work report released on Tuesday. See related article: ‘Metaverse’ enters government radar at China’s Two Sessions Fast facts China’s highest procuratorate has taken note of rising financial crimes deemed illegal fundraising, disguised as metaverse, non-fungible…
Why NFT scams are on the rise — and how to stop them

‘Lazy minting’ may seem affordable but heightens the risk of NFT theft, writes Anthem Blanchard of Herasoft. Is storing NFTs on-chain the solution?
NFT startup Immutable valued at $2.5 billion in Temasek-led financing

Australian non-fungible tokens (NFTs) startup Immutable has raised fresh funding in a round led by Singapore’s Temasek, bringing its valuation to US$2.5 billion, the company said in a statement on Monday. See related article: Jump in NFT demand reflects crypto prices, right? Wrong Fast facts Immutable raised US$200 million in a Series C funding led…
Aid for Ukraine: why a stranded founder turned to DAO and crypto

Stranded away from home, Web 3.0 company Everstake founder Sergey Vasylchuck realized he could still help his war-torn homeland Ukraine by raising funds through a DAO.
Burned out on crypto? Pro tips on finding calm in a bear market

The crypto market never sleeps, but you should take a breather, advises Ben Armstrong, aka BitBoy Crypto. Here’s how to recharge and fill your cup.
DeFi wizard Cronje’s departure sends TVL sinking

Decentralized finance (DeFi) total value locked (TVL) is taking a significant dip after pioneer and founder of Yearn Finance Andre Cronje quit crypto with his colleague and senior developer at the Fantom Foundation, Anton Nell, who announced their farewell on Sunday. See related article: Fantom overtakes Binance Smart Chain in DeFi TVL Fast facts The…
‘Metaverse’ enters government radar at China’s Two Sessions

Regulation is urgently needed to govern data security and curb speculation as the metaverse industry develops, delegates say.
Singapore prohibits crypto, NFT transactions in sanctions against Russia

The Monetary Authority of Singapore (MAS) has prohibited transactions involving digital assets such as cryptocurrencies and non-fungible tokens (NFTs) in its sanctions against Russian banks and entities, the central bank said in a statement. See related article: USDT-RUB volume outpaces Bitcoin pair as Russia sanctions pile Fast facts Following Russia’s invasion of Ukraine, MAS will…
Covid shuts cinema but Hong Kong gets backup from the metaverse

Hong Kong-based film production company National Arts Entertainment Group announced it is building a simulation of the Xiqiao Shan filmmaking studio in the metaverse while cinemas remain shut due to local Covid restrictions. See related article: Who are the biggest players in the metaverse today? Fast facts Xiqiao Shan filmmaking studio is known for its…