Dtcpay, formerly Digital Treasures Center, is MAS-registered and already provides some point-of-sale and online crypto payment services. Singapore-based dtcpay is launching a payment system that will use fiat and cryptocurrencies for in-store and online payments. The company mentioned Tether (USDT), Ether (ETH) and Bitcoin (BTC) in its announcement. The company is partnering with open-source blockchain...Continue Reading
SOL hit its highest price since May 2022, possibly due to an uptick in DApp use and a few other key factors. Solana’s native token, SOL (SOL), experienced an impressive 22% surge on Nov. 10, breaking past the $54 mark for the first time since May 2022. Notably, this surge occurred amid the continuous selling...Continue Reading
The Mango Markets exploiter’s trial was first scheduled for December 2023; however, during one of the court hearings, the accused convinced the judge to delay the trials for a few months. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments...Continue Reading
The crypto market is up today as data reflects investors’ growing enthusiasm toward digital assets. The crypto market is up today as Bitcoin (BTC), Ether (ETH), Cardano (XRP), Solana (SOL) and numerous altcoins rallied as investors’ positive sentiment toward crypto continues to rise. The positive growth was led by Ether, which hit a 6-month high...Continue Reading
The researchers tested the “efficient market hypothesis” against Bitcoin and, according to the study, were able to develop an “optimal model.” A team of academic researchers from the International Hellenic University and Democritus University of Thrace in Greece recently published a paper supporting the “efficient market hypothesis” (EMH) for Bitcoin (BTC) trading. EMH is a...Continue Reading
Bitcoin and Ether are leading the cryptocurrency markets from the front, but the risk of a short-term pullback remains. News of BlackRock registering the iShares Ethereum Trust increased expectations that the asset manager may eventually apply for an Ether (ETH) spot exchange-traded fund. This is a positive sign as it shows that BlackRock’s cryptocurrency aspirations are...Continue Reading
Recovery from the crypto winter is proceeding, but Hodlnaut won’t survive it. A sealed court order in Singapore appears to spell its doom. Crypto lender Hodlnaut’s days appear to be numbered after the High Court of Singapore ended judicial management and ordered its liquidation. Users’ funds have been frozen since August 2022. Former Hodlnaut interim...Continue Reading
Cryptocurrency is going to break out of its bubble and reach critical mass thanks to layer-2 blockchains — and a couple of other factors. After 2021, we entered an era in cryptocurrency where people stopped talking only about financial decentralization and started to broadly discuss the tokenization of everything, thanks in part to nonfungible tokens...Continue Reading
Sam Altman posted a meme on X accusing Grok of being a GPT designed to make grandpa jokes. Musk may have proved the OpenAI CEO’s point with his clap back. The launch of Elon Musk’s new “Grok” artificial intelligence (AI) system may not have made waves throughout the machine learning community or directly threatened the...Continue Reading
Animoca buys game streaming platform Azarus that rewards users with crypto, Project Xeno, and why $10K NFTs scare away real gamers. Animoca Brands buys streaming platform for blockchain games Hong Kong Web3 gaming giant Animoca Brands (The Sandbox, Revv, Phantom Galaxies), has acquired blockchain-powered streaming platform Azarus for an undisclosed sum. The cat’s out of...Continue Reading
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