Singapore’s largest bank expanded crypto trading for accredited investors only, aligned with financial authorities’ views. Singapore’s largest bank, DBS, has announced another move to expand its crypto services while remaining cautious in complying with the financial authorities’ view that crypto assets are not suitable for retail investors in the country. On Friday, the bank disclosed its...Continue Reading

Michael Patryn was doxed earlier this year for being the co-founder behind the DeFi project Wonderland, which collapsed shortly after. According to DeFi Llama, UwU Lend, a decentralized finance, or DeFi, protocol that acts as a money market on the Ethereum blockchain, has surpassed $50 million in total value locked (TVL). The non-custodial protocol was...Continue Reading

The views of the NSA whistleblower, who has been in Russia since 2013, seemingly clash with those of President Vladimir Putin, who has often worked against promoting decentralization. Russian President Vladimir Putin reportedly granted citizenship to United States National Security Agency whistleblower Edward Snowden, who had been residing in the country since 2013. According to...Continue Reading

It’s still all about the U.S. dollar this week as the monthly close and options expiry loom for Bitcoin. Bitcoin (BTC) volatility edged higher during Sept. 26 as the Wall Street open avoided significant losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Monthly close tipped to shake up BTC price Data from Cointelegraph Markets Pro...Continue Reading

Most Cardano hard forks have preceded ADA price crashes, and Vasil looks no different. Cardano’s (ADA) long-awaited Vasil update went live on Sept. 22, which promises to make its blockchain more scalable and cheaper than before. However, this has failed to bring bullish momentum to the ADA market. Sell-the-news hampers Cardano ADA’s price has dropped...Continue Reading

Cardano’s Vasil hard fork seeks to enhance the platform’s transaction throughput speeds, DApp development capacity, security and general usability. After several delays and some setbacks, Cardano’s long-awaited Vasil upgrade finally went live on Sept. 22. From the outside looking in, the hard fork is designed to help improve the ecosystem’s scalability and general transaction throughput...Continue Reading

Large financial institutions are getting involved in digital assets by investing capital, time and effort into custody technology solutions. Until 2020, most of the crypto market action was largely driven by retail enthusiasm. It was only around August 2020 that institutions started to participate meaningfully in this asset class. As the United States Federal Reserve...Continue Reading

“Index investing can be boring, but it saves you from the worst possible outcomes.” When Redditor Joe Greene started the Top 10 Cryptos experiment in 2018, he bought $1,000 of Dash, NEM and Iota, among others, only to watch it crash to $150. But five years on, his experiment has paid off big time. The...Continue Reading

The hacker stole 732 ETH worth about $950,000 and sent it to the sanctioned Tornado Cash mixer. Hacks and exploits continue to plague the decentralized finance (DeFi) sector as another vanity wallet address joins the roster of DeFi victims, which, collectively, have lost more than $1.6 billion in 2022.  In an alert published by blockchain...Continue Reading

The stablecoin’s top-rival Tether has witnessed growth in its market cap, on the other hand. The market capitalization of USD Coin (USDC), a stablecoin issued by U.S.-based payment tech firm Circle, has dropped below $50 billion for the first time since January 2022. On the weekly chart, USDC’s market cap, which reflects the number of...Continue Reading