Category Archives: Other

Singapore Considers Enhancing Crypto Consumer Protection via Suitability Tests & Leverage Cuts

Singapore Considers Enhancing Crypto Consumer Protection

The Monetary Authority of Singapore (MAS) is weighing the option of propelling ways of protecting consumers trading cryptocurrencies through new measures like suitability tests. Speaking at an event on Monday, Ravi Menon, the managing director at the MAS, hinted:“The MAS’ new rules may include customer suitability tests and cutting the use of leverage and credit […]

Do Kwon breaking silence triggers responses from the community

While Tornado Cash developers are fearing for their lives, Do Kwon is “partying,” according to podcaster Eric Conner. As the Terra co-founder and CEO Do Kwon breaks his silence about the collapse of the algorithmic stablecoin TerraUSD Classic (USTC) and LUNA 2, the community responded with various sentiments against the Terra executive. Despite Kwon’s attempts […]

Bitcoin Art: 5 Places That Sell Physical Crypto-Inspired Artwork

Bitcoiners are increasingly buying Bitcoin (BTC)-themed artwork to decorate their home offices and living rooms, creating a growing demand for Bitcoin art. To meet that demand, more and more artists are selling physical cryptocurrency-themed artwork online. Read on to discover places where you can buy Bitcoin art online. CryptoArt.com CrypotArt is an online shop for […]

What are crypto pump and dump groups? Are they legal?

Pump-and-dump operations, which fraudulently manipulate prices by disseminating false information, have existed in economic contexts since at least the 1700s. For instance, con artists with shares in the South Sea Company started making false statements about the business and its revenues in the beginning of the eighteenth century. The plan was to inflate the stock […]

Crypto Exchange Zipmex to Allow Users to Withdraw Some Tokens

The process starts with SOL, followed by XRP and ADA.Crypto exchange Zipmex will release solana (SOL), cardano (ADA) and XRP tokens to users’ wallets in the coming days after it blocked customers from direct custody of their coins last month.The process starts Tuesday with SOL, followed by XRP on Thursday and ADA on Sunday, Zipmex […]

What is dollar-cost averaging (DCA) and how does it work?

What is dollar-cost averaging (DCA) and how does it work?

To lessen the impact of volatility on the overall purchase, investors use the dollar-cost averaging (DCA) investment technique to spread out the total amount to be invested among multiple purchases of a target asset. Many crypto enthusiasts just start investing in cryptocurrencies without a strategy behind it. However, they should be aware that an investment […]

Aave taps Pocket Network to beef up decentralized app development

Aave will leverage Pocket’s distributed network of 44,000 nodes to access on-chain data from various blockchains. Aave (AAVE), an open source decentralized finance (DeFi) protocol, is teaming up with decentralized Web3 infrastructure provider Pocket Network to offer developers increased scalability and ease of use when building decentralized applications (DApps) on the Aave Protocol. According to […]

Shanghai included blockchain, NFTs and Web3 in its 5-year plan

Shanghai included blockchain, NFTs and Web3 in its 5-year plan

The municipal government pledged to support the enterprises that are discovering the non-fungibles market. China’s biggest city Shanghai officially intends to boost the development of innovations such as blockchain, nonfungible tokens (NFTs), metaverse and Web3 in general during its next five-year plan. On July 13, Shanghai’s Municipal Government published the draft of its “14th Five-Year […]

Korean fintech giant plans to create 10K Web3 jobs amid bear market

Dunamu would open offices in major cities and create about 500 new startups focused on NFTs and the Metaverse. Dunamu, a major fintech firm in South Korea that operates crypto exchange Upbit and several other blockchain and securities platforms, is planning to invest 500 billion won ($380 million) to create about 10,000 new Web3 jobs […]

Cloud solution jumpstarts DApp development with complete transactional backend

DApp development

Cloud may be the missing piece between businesses and the prevalence of more widespread blockchain use cases. While many businesses are intrigued by the proposed benefits that the blockchain can provide, finding technical experts has proven to be another concern altogether. Since blockchain technology is relatively new, few know the ins and outs of troubleshooting […]