Cryptocurrencies have gained significant popularity over the years, but their decentralized nature has also made them attractive to money launderers and financiers of terrorism. To combat these illicit activities, the Monetary Authority of Singapore (MAS) has introduced new regulations that Coinbase Singapore users must comply with. Starting from September 5th, users in Singapore will be
In the fast-paced world of trading, accurately forecasting asset prices is a daunting task that often leads to financial losses for many traders. However, yPredict is on a mission to change this narrative by developing a unique platform that seamlessly combines artificial intelligence (AI) and financial expertise. This groundbreaking platform aims to provide data-driven insights
Bitcoin price is currently consolidating above essential support levels, indicating the possibility of a potential recovery. Despite facing a significant resistance zone, BTC has managed to maintain its position above key support levels. Bitcoin is currently trading in a range above the $25,650 support zone, which serves as a crucial level for the cryptocurrency. BTC
Coinbase, one of the leading cryptocurrency exchanges, has revealed its plans to launch an institutional lending service, as stated in regulatory filings and official announcements. This new service aims to allow institutional clients to lend their digital assets to Coinbase under standardized terms, complying with the Regulation D exemption requirements. Through this initiative, Coinbase seeks
Last week, crypto-backed investment funds experienced minor outflows amounting to $11.2 million. This marks the third consecutive week of outflows from the sector, indicating a potential lack of confidence in the market. CoinShares, a crypto investment and research firm, provided data highlighting the main contributors to these outflows, including altcoin-backed funds and Ethereum (ETH) funds.
Decentralized Autonomous Organizations (DAOs) represent a relatively new concept that has gained significant traction within the crypto ecosystem. Unlike traditional business models characterized by centralization, DAOs promote a decentralized approach to decision-making and governance. While previous attempts at decentralization have often failed due to issues such as corruption and centralization, blockchain technology has paved the
In the world of cryptocurrencies, where digital assets and decentralized finance dominate the landscape, there are those who stand up against scams and fraudulent projects. One of these fearless individuals is Angela Heaver, a prominent crypto lawyer based in Dubai and Switzerland. With a care-free attitude and a strong following on social media platforms, Heaver
The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has brought significant attention to the XRP token. Many have speculated about Ripple’s ability to control the price of XRP. In the midst of this debate, crypto analysts have shared their opinions on the matter. However, it is essential to critically
The South Korean government is stepping up its efforts to combat North Korea’s use of cryptocurrencies to fund its weapons program. In a recent development, plans have been announced to submit a bill that will enable the tracking and freezing of crypto assets used by North Korea. This move is seen as a crucial step
The United Kingdom government recently released a statement outlining five key objectives for the upcoming AI Safety Summit. This summit, scheduled for November 1-2 at Bletchley Park, aims to gather experts from various sectors to discuss the ethical and responsible development of artificial intelligence (AI). The government acknowledges the immense opportunities that AI presents but