Singapore to become Asia’s next crypto hub with 'risk-adjusted' regulation

The Stellar Development Foundation invests a further $550K to develop SatoshiPay’s cross border B2B payment solution. 2569 Total views 66 Total shares The Stellar Development Foundation (SDF) has invested a further $550,000 —  paid in XLM — in Berlin-based instant payment platform SatoshiPay. The SDF’s third investment in SatoshiPay brings the Enterprise Fund’s investments for the…

Tether (USDT) usage in decentralized finance (DeFi) appears to be growing, as lending protocol Aave reports over $7.2 million in USDT locked, out of a reported $60 million in total assets.This result comes two months after the initial launch of Tether on the platform, which offers a wide range of other stablecoins including Dai (DAI),…

The Marco Polo Network, a trade finance network co-developed by major enterprise blockchain firm R3, has completed its largest finance trial.Built on R3’s open-source blockchain platform Corda, Marco Polo has hosted the largest global trade finance trial that involved over 70 organizations from 25 countries including financial giants like Japanese SBI Holdings, according to an…

Billionaire CEO of American hedge fund Citadel Kenneth Griffin thinks a currency on the Ethereum (ETH) network will replace Bitcoin (BTC) as crypto’s top dog. Citadel manages over $40 billion of capital — a quarter of the trading volume in the US stock market. During this Wednesday’s Nov. 10 DealBook summit hosted by The New…

NFT sales volumes have rebounded across major blockchains, and Polygon has taken the lead with a 123.20% increase. 

Ether (ETH) price dropped 6% between March 19 and March 21 after failing to break the $2,050 resistance level. More notably, ETH has fallen 28% since Feb. 21, underperforming the broader crypto market, which declined 14% over the same period. Despite ETH's price struggles, Ether futures open interest hit a record high on March 21.

Blockchain trackers flag $1 billion “authorised but not issued” USDT mint at Tether’s Treasury, CTO Paolo Ardoino clarifies holdings will be used for ongoing TRON issuance requests and chain swaps. 110 Total views 3 Total shares Accounts monitoring blockchains for major mints, trades and token transfers have flagged a $1 billion authorization of USDT in Tether’s

Some analysts believe that the looming no-deal Brexit will push Bitcoin (BTC) price to an unprecedented breakout and record highs in 2019. Nicholas Gregory, CEO of blockchain firm CommerceBlock, even predicts it could fundamentally shift Bitcoin’s place in the global economy, as reported by the Independent, Aug. 9.Brexit already causing market turmoilThe prospect of a no-deal…

The Hong Kong Virtual Asset Consortium was established on May 31 to create indices and rating services for cryptocurrencies. According to a July 4 announcement, BitgetX, the Hong Kong subsidiary of cryptocurrency exchange Bitget, has joined the Hong Kong Virtual Asset Consortium (HKVAC), which provides ratings services and indices to cryptocurrencies. Launched on May 31 with…