Amber’s review of its Japan operation is part of a strategic shift towards institutional business and away from retail business. Amber Group, a Singapore-based crypto lender, is considering selling its Japanese unit as part of its plan to focus more on institutional business rather than retail business, Bloomberg reported.  According to Annabelle Huang, Amber’s managing...Continue Reading

Bitcoin faces a formidable trend line in $31,000, with United States equities providing a continued boost for BTC price upside. Bitcoin (BTC) preserved new 10-month highs at the April 14 Wall Street open as analysts kept hoping for further gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $31,000 revealed as make-or-break trend line Data from...Continue Reading

Tesla’s remaining Bitcoin stash has grown 100% from its November 2022 lows, demonstrating that hodling BTC can indeed pay off. The price of Bitcoin (BTC) has grown by more than 50% since Tesla unveiled its approximately $1 billion BTC sales in July 2022. In other words, the Elon Musk-owned electric carmaker would have made an...Continue Reading

Experts believe that decentralized systems can help secure the integrity and objectivity of data being fed to AI systems, but there still exist very clear limitations. Projects rooted in artificial intelligence (AI) are fast becoming an integral part of the modern technological paradigm, aiding in decision-making processes across various sectors, from finance to healthcare. However,...Continue Reading

A principal economist of the European Commission shares his views on stablecoins and the future of regulations in Europe. In October 2022, the European Union finalized the text of its regulatory framework called Markets in Crypto-Assets or MiCA. The final vote on the new regulation is scheduled for April 19, 2023, meaning the days of...Continue Reading

“We need more transparency over the reserves of these stablecoins, which I think we’re going to see,” Clara Medalie said. Blockchain infrastructure provider Paxos has recently published a report, that aims at helping the community look beyond the crypto winter and understand how to respond to the current market conditions.  Inside the 20 pages of...Continue Reading

Bitrue executives promised to fully compensate all the identified users affected by the hot wallet hack that accounted for 5% of all funds on the exchange. Bitrue cryptocurrency exchange has suffered a hot wallet exploit, allowing attackers to withdraw various crypto assets worth nearly $23 million. Announcing the news on April 14, Bitrue said that...Continue Reading

Blockchain cross-border payments enable near-real-time cost-effective transactions across international borders, eliminating banking intermediaries. Are cross-border payments safe? Cross-border blockchain payments are built on the principles of cryptography, ledger technology and decentralization, which provide a high level of security.  The use of distributed ledgers to record transactions means that every participant in the network has a...Continue Reading

The liquidity hub aims to offer a pool of liquidity to businesses in addition to Ripple’s popular cross-border payments service called on-demand liquidity. Fintech firm Ripple has launched its liquidity solution for businesses to bridge the gap between crypto and fiat. Ripple liquidity hub was launched on April 13 after a successful pilot last year. The...Continue Reading

Bitcoin and Ethereum lead a wave of excitement over future crypto gains, with analysis concluding that the “bottom is in.” Bitcoin (BTC) broke through $31,000 on April 14 as bulls hoped that altcoins would soon follow. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst eyes potential dip under $30,000  Data from Cointelegraph Markets Pro and...Continue Reading