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News

House panel to conduct hearing on FTX collapse

The huge cryptocurrency exchange FTX, which failed last week and sought bankruptcy protection, will be the subject of an investigation by lawmakers. Investors and customers are now facing losses that...
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Temasek will write down US$275 million in FTX

Regardless of the outcome of FTX’s request for bankruptcy protection, Temasek Holdings announced on Thursday (Nov. 17) that it will write down its US$275 million (S$376.8 million) investment in the...
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White House’s crypto framework is criticised as a “lost opportunity”

Critics argued that the Biden administration’s assessments were more concerned with the negative effects of cryptocurrency on the environment than with the positive aspects of the technology. After US President...
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DBS, South East Asia’s largest bank, enters the Metaverse

The largest bank in Southeast Asia, DBS, disclosed a cooperation with The Sandbox on Friday. The Sandbox is a virtual environment where users can create, control, and make money from...
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Blockchain blocked from Minecraft block game

Mojang, a Microsoft subsidiary, recently stressed on its official blog that “integrations of NFTs with Minecraft are typically not something we will accept or enable.” The company’s usage guidelines emphasise...
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U.S. charges OpenSea ex-employee in first NFT insider trading case

In what they claim is the first insider trading case involving non-fungible tokens, or NFTs, US authorities have charged a former manager at a digital exchange platform with fraud and...
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You can start paying for Gucci with cryptocurrency

Gucci is getting into cryptocurrencies, with some of its locations in the United States ready to accept bitcoin payments by the end of May. The Gucci outlet stores in Los...
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Indian government considering 28% GST on crypto

Various media sources have reported that India’s GST Council is considering slapping a 28% Goods and Services Tax on cryptocurrency. According to a Hindustan Times story, the tax ideas would...
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Frustrated Shanghainese turn to NFTs during Covid lockdown

Shanghai residents are using the blockchain to preserve memories of the city’s month-long Covid-19 lockdown, minting non-fungible tokens to ensure that movies, images, and artworks recording their trauma can be...
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LGT, a global private bank, has begun trading in bitcoin and ether

LGT Group, a leading family-owned private banking and asset management firm, has launched Bitcoin (BTC) and Ether (ETH) investments at LGT Bank in Liechtenstein. According to a joint announcement made...
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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin43,850 0.20 % 2.40 % 9.86 %
Ethereum1,661.9 0.21 % 1.11 % 3.97 %
Tether1.001 0.03 % 0.02 % 0.07 %
BNB329.86 0.24 % 1.21 % 6.94 %
USD Coin1.001 0.03 % 0.05 % 0.05 %
XRP0.4111 0.27 % 0.50 % 0.71 %
Binance USD1.000 0.00 % 0.02 % 0.04 %
Cardano0.4017 0.39 % 0.11 % 3.03 %
Dogecoin0.09453 1.00 % 2.73 % 8.19 %
Polygon1.230 0.20 % 4.02 % 6.10 %

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