In an effort to comply with the Monetary Authority of Singapore (MAS) regulations, Coinbase Singapore has implemented new requirements for users initiating cryptocurrency deposits or withdrawals. Effective September 5th, users are now required to provide additional counterparty information. This article will explore the reasons behind these measures and the potential impact on users. Why the
In the world of trading, accurately predicting asset prices can make all the difference between financial success and failure. However, for many traders, this task proves to be incredibly challenging. Recognizing the need for a solution, yPredict is developing a groundbreaking platform that combines artificial intelligence with financial expertise to assist traders in making informed
Bitcoin price has settled within a consolidation phase above the $25,650 and $25,500 support levels. As BTC trades below $26,000 and the 100 hourly Simple Moving Average, the next move is crucial for determining its short-term trend. Bitcoin is currently trading within a defined range above the $25,650 support zone. However, it is struggling to
Coinbase, one of the leading cryptocurrency exchanges, is making waves in the industry with its plans to launch an institutional lending service. According to regulatory filings and statements from the company, Coinbase is creating a digital asset lending program specifically designed for its institutional Prime clients. This new service will allow institutions to lend their
Crypto-backed investment funds experienced minor outflows amounting to $11.2 million last week, marking the third consecutive week of outflows from the sector. This trend is concerning for investors and further highlights the volatility and uncertainty surrounding cryptocurrency investments. The overall outflows were primarily driven by significant outflows from altcoin-backed funds, particularly those backed by Polygon’s
In the world of cryptocurrencies, death threats and online harassment are unfortunately not uncommon. However, prominent crypto lawyer Charlotte Heaver has taken a firm stance against such behavior, warning her detractors that she is not one to be messed with. As a resident of Switzerland, Heaver proudly states that she owns guns and is willing
In the world of cryptocurrencies and blockchain technology, the concept of a Decentralized Autonomous Organization (DAO) is gaining traction. While the traditional business model has always revolved around centralization, a DAO disrupts this paradigm by enabling individuals to align their interests with the platform’s goals. As a result, they gain the privilege of proposing and
The XRP token has been a topic of intense discussion in recent times, particularly due to Ripple’s ongoing legal battle with the US Securities and Exchange Commission (SEC). This has raised questions about Ripple’s ability to influence the price of XRP. In this article, we will analyze different perspectives on this matter and explore the
The South Korean government is taking significant steps to combat North Korea’s use of cryptocurrency for its weapons program. According to local media outlet Korea JonngAng Daily, the government plans to submit a bill that will enable them to track and freeze crypto assets used by North Korea. The Evolution of the Bill Originally introduced
The government of the United Kingdom has recently published a series of objectives in preparation for its upcoming AI Safety Summit. This summit, scheduled to take place on November 1-2 at the historic Bletchley Park, aims to bring together key countries, leading technology organizations, academia, and civil society to discuss ethical and responsible AI development.
