Regulators in Singapore say cryptocurrencies are problematic due to high market volatility and warn against retail investments in cryptocurrencies. The managing director of the Monetary Authority of Singapore (MAS), Ravi Menon, addressed the agency’s mixed signals on crypto in the public sphere at a seminar on Aug. 29. The public claimed that local regulators were...Continue Reading

The blockchain developer ranks 26 out of 600 global brands in a new report which analyzes consumers’ emotional connection to brands. Blockchain developer Cardano represents the crypto space with a top spot in a new report on global brand intimacy. Cardano ranks 26 among 600 brands and holds the top spot in the crypto industry,...Continue Reading

A familiar tale of losing stocks and a surging greenback greets Bitcoin traders this week as $20,000 fails to sustain as support. Bitcoin (BTC) heads into the first week of September on a rocky road downhill after United States markets’ Jackson Hole rout. After the U.S. Federal Reserve reinforced hawkish comments on the inflation outlook,...Continue Reading

X2Y2 has introduced optional royalties to their platform to mixed reaction, while Yumon has launched an NFT trading card game that turns Youtubers into fantasy hero characters. American fast-food chain Taco Bell and Metaverse platform Decentraland are teaming up to offer United States-based couples a chance to get married in the Metaverse. The chain has...Continue Reading

Wall Street Journal’s Jean Eaglesham and Vicky Ge Huang suggested that such a “thin cushion of equity” could cause mayhem in the market if Tether’s liabilities were to outweigh its assets. An article in the Wall Street Journal (WSJ) has claimed that Tether’s balance sheet is in a position that even a 0.3% drop in...Continue Reading

The comments come as Ethereum and Cardano are soon undergoing significant upgrades, while Bitcoin has remained largely unaltered. Founder and CIO of crypto-focused fund Cyber Capital Justin Bons have called Bitcoin “technically one of the worst cryptocurrencies,” and a “purely speculative asset without utility” in comparison to other cryptocurrencies due to its lack of technological...Continue Reading

NFT analyst OKhotshot warns there are no reliable stable investments in the NFT space and most investors will lose money investing in the market. Nonfungible token (NFT) analyst and blockchain detective “OKHotshot” has highlighted his picks for 18 of the most “uncomfortable truths” about the NFT industry. In a lengthy 20-part thread to his 45,000 followers...Continue Reading

“I don’t think there’s any amount of research that you can do to protect yourself from these ultra low cap [assets], except getting in really, really early,” said Jordan Belfort. Former stockbroker Jordan Belfort, known colloquially as the “Wolf of Wall Street” has likened low market cap crypto assets to penny stocks due to their...Continue Reading

The CEO’s comments come after a CryptoLeaks blog post alleged that Ava Labs had a “secret pact” with a U.S. law firm to sue competitors in exchange for AVAX tokens and equity. Ava Labs CEO Emin Gün Sirer has dismissed sensational allegations from CryptoLeaks that his company used litigation to “harm” competitors and fool regulators,...Continue Reading

Interoperability enables blockchain networks and protocols to communicate with each other, making it easier for everyday users to engage with blockchain technology. Every year, we see new blockchain networks being developed to tackle specific niches within certain industries, each blockchain having specialized functions based on its purpose. For example, layer-2 scaling solutions like Polygon are...Continue Reading