[ad_1] The Monetary Authority of Singapore (MAS) is broadening its regulatory framework for crypto service suppliers by means of amendments to the Cost Providers Act, aiming to reinforce person safety and safeguard monetary stability. Introduced on Tuesday, the amendments will probably be applied in levels, ranging from April 4. The MAS emphasised that these adjustments will embody custodial providers for digital fee tokens (DPTs), facilitation of DPT transmission, and cross-border
[ad_1] Crypto.com is ready to introduce its digital asset buying and selling companies in South Korea by the top of this month, as introduced on Tuesday. This transfer comes as a part of Crypto.com’s acquisition of native change OK-BIT in 2022. The forthcoming platform from Crypto.com will change the operations of OK-BIT, which is progressively winding down its companies. Eric Anziani, President and COO of Crypto.com, expressed pleasure about getting
[ad_1] Spot Bitcoin exchange-traded funds (ETFs) witnessed a major surge in buying and selling quantity in March, reaching a staggering $111 billion. This notable enhance, almost tripling the buying and selling quantity from February, underscores the sustained curiosity of traders in BTC. Based on information offered by Bloomberg ETF analyst Eric Balchunas, spot Bitcoin ETF trading volume soared to $111 billion in March, in comparison with the $42.2 billion recorded
[ad_1] Volatility within the cryptocurrency market has triggered liquidations surpassing $400 million up to now 24 hours. Bitcoin positions alone accounted for $130 million in liquidations, predominantly affecting lengthy positions. The latest volatility within the crypto market led to a surge in liquidations on centralized exchanges, coinciding with Bitcoin’s decline beneath the $67,000 mark, adopted by a broader downturn throughout the crypto house. In accordance with information from CoinGlass, liquidations
[ad_1] Agora, a stablecoin issuer, has efficiently raised $12 million in seed funding, in response to stories. Main the spherical is enterprise agency Dragonfly, with extra contributions from Basic Catalyst and Robotic Ventures. Agora’s major goal is to introduce a USD-pegged stablecoin, backed by money reserves, U.S. Treasury payments, and in a single day repurchase agreements. The corporate goals to ascertain partnerships with exchanges and different crypto entities, initially focusing
[ad_1] Ethena has initiated the declare course of for its governance token (ENA) airdrop, allocating 750 million tokens, equal to five% of its whole provide of 15 billion, to eligible members. The undertaking has introduced that the token will begin buying and selling on varied centralized exchanges, beginning at 4:00 a.m. EST. This airdrop follows the “shard marketing campaign,” a reward initiative aimed toward early adopters, permitting consumer engagement by
[ad_1] Bitcoin plunged by $5,000 inside a span of 24 hours as rates of interest surged, marking a turbulent begin to April for cryptocurrencies and associated shares, particularly mining shares. The flagship cryptocurrency, Bitcoin, skilled a greater than 6% decline on Tuesday, dropping to $65,150.00, leading to a two-day lack of round 7%, in accordance with Coin Metrics. This decline adopted a buying and selling worth of roughly $70,000 on
[ad_1] AdvertismentDubai, United Arab Emirates, April 2nd, 2024, Chainwire Following the combination, customers will be capable to natively handle their BTC on any rollup within the Avail ecosystem with out relinquishing management over their digital property Avail, a modular blockchain answer designed to unify Web3 and optimize information availability (DA) for extremely scalable and customizable functions, has partnered with dWallet Network, a pioneering non-collusive, decentralized multi-chain layer, to deliver programmable
