We give the Best Educational and Informative Contents on Finance, Forex Trading, blockchain, Web3, and the Metaverse
Ethereum Staking Platforms Liquidity Surge Ethereum’s liquid staking platforms are witnessing remarkable growth, with the addition of 640,000 ETH, valued at approximately $1.04 billion, in just the last 20 days. Among the 23 decentralized finance (DeFi) protocols offering liquid staking, the top five have reported substantial gains over the past 30 days. Lido, one of…
Three Arrows Capital Founders Hit With Ban Source: Coindesk The Monetary Authority of Singapore (MAS) has imposed a nine-year prohibition order on the founders of Three Arrows Capital, effectively barring them from engaging in Singapore’s regulated financial services industry. This order extends to Su Zhu and Kyle Davies, preventing them from participating in any regulated…
Binance Ceo Resigns Source: Bloomberg Binance.US, the American arm of the crypto trading platform, is undergoing significant changes as its CEO, Brian Shroder, steps down from his role. Shroder has been succeeded on an interim basis by Norman Reed, who previously served as the Chief Legal Officer, according to a company spokesperson. This leadership transition…
Korean Asset Management Giant Mirae Ventures into the Future: Partners with Polygon Labs for a $500 Billion Securities Tokenization Initiative” Source: Coindesk Mirae Asset Securities has teamed up with Polygon Labs, a scaling solution for Ethereum to create a tokenized security network and accelerate the adoption of Web3 technology. Mirae Asset Securities (South Korea’s largest…
The U.S. Securities and Exchange Commission (SEC) plays a crucial role in regulating the securities markets and protecting investors. It ensures fair practices, promotes disclosure, and monitors corporate actions. [ez-toc] On the other hand, Coinbase exchange, the largest cryptocurrency exchange in the United States, has been at odds with the SEC over regulatory clarity for…
Crypto News Highlight: This week has been a very eventful week in the crypto market as we bring to you crypto news reports that transpired over the week, sit back, grab a bottle of chilled juice, and enjoy your read. The highlight of our crypto news highlight is the integration of the USDT transfers into…
Web3 Gaming Would Likely Experience a Massive Surge in the Next Two Years. According to Robbie Ferguson, co-founder and president of Immutable, around 40% of web3 games currently under construction are expected to launch within the next 12 to 18 months. He, along with Ryan Wyatt, president of Polygon Labs’ layer-2 chain, has predicted significant…
Crypto Wallet Prototype Found in Microsoft Edge Browser Microsoft may not be the first company that comes to mind when you think of blockchain, but it has been experimenting with blockchain technology for several years. Recently, screenshots shared on Twitter by Albacore, a pseudonymous software researcher from central Europe, reveal that Microsoft has integrated a…
Bitcoin Price Jumps 15% Following US Regulatory Move Bitcoin’s price surged by 15% on Monday, marking the biggest one-day increase since November 2021’s market turmoil. The rise came after US authorities took steps to allay concerns about the health of the nation’s financial system, leading to a rally in shares of cryptocurrency companies. Bitcoin’s latest…
Crypto Trade Market at Risk Due to Banks Shutdown The digital asset market has experienced a turbulent year, including high-profile blow-ups. The recent shutdowns of SVB Financial Group’s Silicon Valley Bank, Silvergate Capital Corp., and Signature Bank add a new stress level. The shutdown of crypto-friendly bank Silvergate and the closure of its electronic payments…
The Future of Stablecoins? Arthur Hayes Proposes Bitcoin-Backed NakaDollar Are you ready for the future of stablecoins? Arthur Hayes proposes the Bitcoin-backed NakaDollar, relying on exchanges to maintain the dollar peg. Arthur Hayes, the co-founder and former CEO of BitMEX, recently proposed a new stablecoin called NakaDollar that Bitcoin would back. The idea behind this…
