Cryptocurrency Analysis and News Portal
It takes a lot of energy for miners to verify transactions and mint new blocks on the Bitcoin (BTC) blockchain. According to Statistica, one Bitcoin transaction consumes as much electricity as over 1 million VISA transactions. Moreover, the cryptocurrency's environmental burden increases even more if the energy used for mining
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The National University of Singapore (NUS) provides a variety of blockchain and crypto-related courses at both the undergraduate and postgraduate levels as well as programs for continuing education. Course titles include “Blockchain Engineering” and “AI, Blockchain and Quantum Computing.” table { border-collapse: collapse; width: 100%; } tr{ border:
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The president of Peru’s central bank, Julio Velarde, has indicated that the country will be joining forces with India, Singapore, and Hong Kong to develop its own central bank digital currency (CBDC). Peru has decided on partnering up with the central banks of these countries, mainly because they are way
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The president of the Central Reserve Bank of Peru Julio Velarde announced that his country will be entering the global race to develop a Central Bank Digital Currency (CBDC).At the Annual Conference of Executives (CADE) with business leaders in Lima on Nov. 16 he said: “I think the payment system
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The Algorand Foundation, a Singapore-based blockchain organization supporting the development of the Algorand ecosystem, has partnered with the Blockchain Association Singapore to drive the development of blockchain technology in Singapore and the wider Southeast Asia region. Fast facts In a memorandum of understanding signed on Nov. 12, the ecosystem partnership will
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Huobi Global, one of the world’s largest cryptocurrency exchanges by trading volumes, is winding down operations in Singapore shortly after exiting China.Huobi will have shut down accounts of all Singapore-based users by the end of March next year, the company officially announced late Tuesday.All Huobi clients based in Singapore should
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Crypto exchange Huobi Global will close the accounts of all Singapore-based users by March 31, 2022 to comply with local regulations, the exchange said in a statement on Tuesday.Huobi claims to be expanding its overseas presence to make up for expelling Chinese users, which represent half of its total user
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“You cannot build an always-on, global internet finance business without considering Singapore as a hub,” said Dante Disparte, Circle’s Chief Strategy Officer and Global Head of Policy, in the press release. “The Monetary Authority of Singapore (MAS) has been an extraordinary regulatory partner as we have looked to expand our
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On November 10, 2021, Vogue Singapore, a team dedicated to fashion, beauty, and “stories that matter,” is launching a non-fungible token (NFT) drop on the marketplace Opensea. The drop will be the fashion and lifestyle magazine’s first NFT collection featuring digital-only Vogue covers crafted by NFT artists. Vogue to Drop the
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Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish
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