In Singapore, DBS Bank’s subsidiary brokerage arm will offer cryptocurrency services. They will provide asset management businesses with their services in order to purchase crypto assets. The MAS granted DBS Bank a license, according to the press statement ( Monetary Authority of Singapore). They now have complete permission to offer digital token-based payment and trading…
Cryptocurrencies are undeniably one of the most significant technological advances in recent years, with the potential to destabilize the worldwide centralized finance environment. Cryptocurrencies have the potential to transform the global financial sector due to the underlying blockchain technology and a totally decentralized environment. Cryptocurrencies can not only reduce transaction costs by eliminating intermediaries, but…
Poly Network hacker returns $258M, conducts AMA on how it went down $258 million worth of stolen crypto assets have been returned so far and the hacker claims they are keeping the rest of the funds safe while they negotiate with Poly. The Poly Network hacker has now returned $258 million to the cross-chain DeFi…
The Tron Foundation has put $300 million into the Tron Arcade fund to encourage the creation of GameFi games that allow users to earn cryptocurrency while playing. The fund, which was established in collaboration with APENFT and WINKLINK, will help to develop and implement these projects over the next three years. However, this step will…
Cardano price is hot, but data shows pro investors haven’t warmed up yet ADA has gained 57% in the past 3 weeks but derivatives data shows pro investors aren’t bullish yet. Cardano (ADA) has been in the spotlight lately and this is partly because of its early 2021 price performance and the fact that it’s…
Last week, there were some tiny inflows in Ethereum investment products. The whole market valuation of digital currencies increased by nearly $500 billion in the last two weeks, indicating a significant increase in the cryptocurrency sector. The aggregate value of global cryptocurrency assets under management (AUM) surged fast as a result of the recent jump.…
