Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Singapore
Singapore Exchange Says Currently No Plan To List BTC Or Crypto ETFs
The post Singapore Exchange Says Currently No Plan To List BTC Or Crypto ETFs appeared first on Coinpedia Fintech News Singapore Exchange has currently no plans to permit cryptocurrency listings, which is contrary to the growing global adoption of crypto ETFs in Hong Kong, the United States, Australia, and Canada. At the Reuters NEXT conference, CEO Loh Boon Chye noted that the current market conditions are not conducive to introducing such products. When asked about the potential for crypto ETF…
11 months ago
Paxos Approved by Monetary Authority of Singapore for Stablecoin Issuance
The post Paxos Approved by Monetary Authority of Singapore for Stablecoin Issuance appeared first on Coinpedia Fintech News Digital asset company Paxos received full approval from the Monetary Authority of Singapore to offer digital payment token services in the country enabling it to issue stablecoins. The issuer, whose products include PayPal USD as well as its own Pax Dollar (USDP), also said DBS, the state’s biggest bank will be its primary banking partner for cash management and stablecoin reserve custody.…
11 months ago
Learn Blockchain Development in Singapore with Polkadot Blockchain Academy’s Latest Cohort
Polkadot Blockchain Academy launches its fifth cohort in Singapore on May 20, 2024, focusing on developer talent. Supported by 18 experienced instructors, the program offers 184 lecture hours on blockchain technology and Polkadot. Polkadot Blockchain Academy (PBA) has recently unveiled its fifth cohort in Singapore, set to begin on May 20, 2024. As a prominent entity in blockchain education, PBA’s initiative continues to focus on cultivating developer talent and supporting the growth of the Polkadot ecosystem. This latest installment in…
1 year ago
Polkadot Blockchain Academy Launches Fifth Cohort in Singapore to Nurture Developer Talent
Singapore, Singapore, June 4th, 2024, Chainwire Polkadot Blockchain Academy (PBA) has announced the launch of its highly anticipated fifth cohort in Singapore, commencing on May 20, 2024. A leading institution in blockchain education, PBA aims to nurture developer talent and advance the Polkadot ecosystem. Building on the success of its previous programs, the fifth cohort in Singapore promises to deliver an enriching learning experience for participants. With the support of 18 experienced instructors, students can expect top-tier instruction and personalized…
1 year ago
Explore The Top 5 Online Gambling Sites in Singapore
The post Explore The Top 5 Online Gambling Sites in Singapore appeared first on Coinpedia Fintech News Online gambling has become increasingly popular in Singapore, with more people looking to place bets and try their luck from their homes. While physical casinos and betting shops still exist, online gambling offers a convenient and accessible option. However, with so many online gambling sites available, it can be overwhelming trying to find the best ones. This article will explore the top 5…
1 year ago
Cartesi launches a community-driven program funding developers to help build and expand the Cartesi ecosystem
Cartesi (an application-specific rollup execution layer with a Linux runtime) has launched its Community Grants Program for developers looking for support to get their ideas off the ground, and for Web3 enthusiasts interested in helping shape Cartesi’s developing ecosystem. A community-driven program to fund a broad network of contributors, its goal is to help build and expand the Cartesi ecosystem. Reflecting a broader movement towards Cartesi’s decentralization, the Community Grants Program is a step forward in providing increased community involvement…
2 years ago
Singapore Launches Probe into Crypto Lender Hodlnaut
In a recent publication, the Singapore police force revealed that they are looking into crypto lending platform Hodlnaut. The agency’s Commercial Affairs Department is reportedly handling the investigation into accusations of cheating and fraud among the DeFi lender's leadership. Users File Complaints with the Police According to the release, several accusatory reports surrounding the platform have made their way to the police since August. These allegations claim that the company’s leadership had shared false data regarding its exposure to an…
3 years ago
Singapore Residents Most Interested in the Merge: Report
With the Ethereum Merge only days away, crypto analysis company CoinGecko has looked into which countries are most interested in the imminent upgrade. According to CoinGecko reports, Singaporean crypto holders lead several others in terms of interest in Ethereum’s imminent historic milestone. Singapore’s "ETH Merge” Searches Eclipse US, Canada Ethereum’s dev team has confirmed that the network’s shift to the Proof-of-Stake consensus mechanism will occur between September 13 and 15. As the upgrade has been in the works for years,…
3 years ago
Singaporean Authorities Claim Terra, 3AC, and Others Were Unlicensed
Singapore's leading fiscal authority, MAS has denied licensing a handful of recently collapsed crypto firms often linked to the nation. MAS Clears Regulatory Misconceptions TerraForm Labs, Luna Foundation Guard, Vauld, and Three Arrows Capital are among the platforms in question here. Of late, these firms have all experienced significant turbulence due to the ongoing market volatility as well as other issues. Another thing they have in common is ties to the Southeast Asian country Singapore, as the media often touts…
3 years ago