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Bitcoin News
Crypto exchange Zipmex is planning to release an unspecified amount of Ethereum and Bitcoin on Aug. 11 and 16 respectively, after a suspension of withdrawals from its Z Wallet last month. See related article: Why Singapore may be the ideal place for companies to rebuild post-crypto winter Fast facts The Singapore-based company said on Monday […]
Pradipta Mukherjee
Altcoins
Singapore-based crypto lender Hodlnaut freezed withdrawals as well as ended its token swapping feature on Monday, just as the market is showing signs of recovery from the so-called crypto winter. See related article: Zipmex resumes withdrawals of certain tokens in phased manner Fast facts Hodlnaut said the withdrawal freeze is to “focus on stabilizing our […]
Ningwei Qin
Market Analysis
The crypto world is plagued by products that are hard to use and have little utility, writes Roman Kashcheev of Quantfury. What can turn things around?
Roman Kashcheev
Regulation
Indian crypto exchange WazirX said its operations are being conducted as usual, even after Binance denied owning equity in Zanmai Labs, the entity operating WazirX. The spat over ownership — Binance had reportedly acquired WazirX in 2019 — surfaced after Indian authorities reportedly froze US$8 million in WazirX assets, alleging possible violation of foreign exchange laws. […]
Pradipta Mukherjee
Regulation
Singapore is growing its digital assets industry while reducing risks, and its clear regulations allow firms to better plan for the future, writes Desmond Yong of DTC.
Desmond Yong
Crypto Trading and Strategies
Singapore-based cryptocurrency exchange Bitget says it has launched a US$200 million “protection fund” to act as an “emergency insurance reserve” to protect user funds when their losses are not a consequence of their own actions or behavior on the platform. See related article: How the crypto winter is laying groundwork for Web3 to reach its […]
Pradipta Mukherjee
Altcoins
Binance has partnered Mastercard to introduce a Binance card in Argentina for making purchases and paying bills with cryptocurrencies. See related article: Philippines’ SEC warns public not to invest with Binance Fast facts The product is currently in a beta phase and will be widely available in the coming weeks, Binance said. The card is […]
Pradipta Mukherjee
Regulation
Lawmakers are pulling together regulations for trading in digital assets. If all goes to plan, the so-called Digital Asset Basic Act will be in shape by the first half of 2023.
Danny Park
NFTs and Art
2022’s marquee NFT event in America’s biggest city failed to capitalize on its namesake technology, while an iconic music festival in the California desert understood the possibilities, writes Mirwan Suwarso of Mola TV.
Mirwan Suwarso
Altcoins
Revolut has started offering cryptocurrency services to users in Singapore, the global fintech firm said on Thursday. See related article: How a market slump may be helping Singapore’s stance against retail crypto Fast facts Revolut will levy transaction fees of 2.5% and 1.5% on standard and premium plans, the company said in its statement. Customers […]
Pradipta Mukherjee
