Cryptocurrency Analysis and News Portal
Singapore’s central bank is introducing new measures to improve investor protection and market integrity in the cryptocurrency industry.On July 3, the Monetary Authority of Singapore (MAS) announced new requirements for crypto service providers to hold customer assets into a statutory trust by year-end.“This will mitigate the risk of loss or
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A bill covering privacy and distribution of the central bank digital currency, originally scheduled for June 28, will be delayed Original Source
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"Due diligence on potential customers should not “create undue burden”, particularly “for those setting up an office in Hong Kong to look for the opportunities here”, the April 27 letter from the HKMA said to the banks, reported the Financial Times. Original Source
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While some Democrats have been criticized for their regulatory stance on cryptocurrencies, it is essential to recognize that not all members of the party hold an anti-crypto position. In recent years, the world of crypto has grown in popularity, particularly among the younger population and the US Democratic Party’s stance on
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The United States Securities and Exchange Commission (SEC) has filed another document in its lawsuit against Binance.US, saying investors’ funds are at risk. In the filing entered on June 5, the regulators claim that the defendants, including Binance CEO Changpeng Zhao and Binance Holdings Ltd., “have enriched themselves by billions of
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The Sui blockchain network quietly fixed a bug that could have put “billions of dollars” at risk, according to a May 16 announcement from Zellic, the security firm hired to audit the network’s security.Loss of Funds Bug in Aptos and SuiQuick spotlight on an unpublished (but fixed) loss-of-funds bug in
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Apple is scheduled to release its highly-anticipated mixed-reality headset in the coming weeks, a development that some believe could breathe fresh life into the metaverse industry.In January, the native tokens of blockchain-based metaverse projects Decentraland (MANA) and Sandbox (SAND) witnessed significant surges in price, due partly to swirling rumors about
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The whistleblower turned security consultant also says the internet's basic infrastructure is not suited to privacy. Source
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At the core of the case are how the concepts of fiduciary duty (the obligation to act in the best interest), the duty of care (the obligation to act without negligence), as well as joint and several liability (a responsibility that is shared by multiple parties), apply to the concept
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Voyager Digital’s $1 billion sale to Binance.US has been temporarily halted by a federal judge after a request by the United States government for an emergency stay.The request for an emergency stay was granted by Judge Jennifer Rearden of the U.S. District Court in New York on March 27, meaning
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