The Monetary Authority of Singapore (MAS) published two consultation papers via its official website on Oct. 26, highlighting regulatory measures for implementation applicable to digital payment token services and stablecoin issuers. The paper is based on the premise that crypto assets are “inherently speculative and highly risky “ and comes after the MAS’ idea of …
Monthly archives: October 2022
Over $1M worth of ETH, NFTs stolen in phishing attack
A phishing scammer, who goes by the pseudonym “Monkey Drainer,” stole 700 Ethereum (ETH) tokens, worth around $1.05 million, over the past 24 hours, on-chain sleuth ‘ZachXBT’ pointed out in a Twitter thread. 1/ Over the past 24 hrs ~700 ETH ($1m) has been stolen by the phishing scammer known as Monkey Drainer. They recently …
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Microsoft Working to Bridge Its Services With the Metaverse
Microsoft, the software and computing behemoth, is seeking to adapt part of its software service stack to the metaverse. Ihsan Anabtawi, CMO of Microsoft UAE, declared that the company was working to make its cloud division compatible with metaverse experiences, and to allow companies to use the data obtained as resources for their specific applications. …
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Apple Unveils Stricter App Store Rules for Crypto and NFTs — Critic Says Firm Wants to Keep Money in Its Ecosystem
According to Apple’s latest guidelines for developers seeking to have their apps included in the App Store, crypto exchange applications should only facilitate the transfer of crypto funds to approved exchanges. Where payments are needed to unlock features or functionality, Apple says apps may only “use in-app purchase currencies.” Only In-App Purchase Currencies May Be …
Paypal and Western Union File Trademarks for Wide Range of Crypto Services
Financial services companies Paypal and Western Union have each filed three new trademark applications covering a wide range of crypto services. Paypal’s applications are also for the payments giant’s logo. Paypal’s New Trademark Filings for Crypto Services Paypal Inc. has filed three new trademark applications with the United States Patent and Trademark Office (USPTO). Mike …
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Battle Infinity Price Prediction for Today, October 26: IBATUSD to Face Heavy Bounce Soon, Targeting $0.400 Supply Mark
Battle Infinity Price Forecast: IBATUSD Targeting $0.400 Supply Mark (October 26)The IBATUSD is in a bearish move at the present. The crypto market continues to […] Go to Source
Low-Risk Cryptos: Oryen Network, Polkadot, Tron, And Binance Coin
Investors watch markets slow down as inflation remains high, the FED continues its aggressive rate hike policy, and geopolitical tensions heighten with the conflict in […] Go to Source
Bitcoin Rally Above $20,000 Triggers Over $800,000,000 in Liquidations – Analysts Outline What’s Next for BTC
Nearly 120,000 crypto traders are having their positions obliterated over the last 24 hours as Bitcoin (BTC) launches an abrupt rally above $20,000. Data from derivatives trading analytics platform Coinglass reveals that on October 25th, more than $806.39 million worth of long and short positions were liquidated as the crypto markets at large pulled off …
Crypto Council for Innovation poll sees crypto voters as a force to be reckoned with
A poll conducted by the Crypto Council for Innovation (CCI) has shown that a candidate’s position on crypto may impact the outcome of the United States midterm elections. Significant numbers of voters are well-disposed toward crypto and want to see it treated as a serious and valid part of the economy, and bipartisanship is strong …
Swiss Seba Bank launches NFT custody despite market decline
The decline of the nonfungible tokens (NFT) market doesn’t seem to be a problem for the Swiss cryptocurrency-focused bank Seba as the firm now allows its customers to store NFTs. Seba Bank has launched a regulated custody platform allowing its clients to store NFTs, the firm officially announced on Oct. 26. The NFT custody solution …
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Bithumb ex-chairman could face 8 years prison over alleged $70M fraud
The former chairman of the South Korean cryptocurrency exchange Bithumb, Lee Jung-hoon, could face a possible maximum sentence of eight years in prison if found guilty on charges related to an alleged fraud worth $70 million. Local prosecutors asked the Seoul District Court for the sentence on Oct. 25, with the sentencing hearing will be …
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Bitcoin Price Prediction for Today, October 25: BTC Price Is Unable to Sustain above $20.5K
Bitcoin Rebounds above $19.2K but Is Unable to Sustain above $20.5K – October 25, 2022 On October 25, BTC/USD rebounded as it broke above the […] Go to Source
BitMEX’s Alexander Hoeptner Quits The Exchange After Serving As Its CEO For Two Years
BitMEX’s Alexander Hoeptner has left the company after two years. Stephen Lutz, BitMEX’s CFO, has been named as the interim CEO of the exchange. Alexander Hoeptner, Chief Executive Officer of BitMEX, is the latest crypto CEO to leave the firm amid the crypto bear market phase. BitMEX’s CFO Lutz Becomes The New CEO Of BitMEX …
Kiba Inu Price Prediction Today, October 26, 2022: KIBA/USDT Price Rises Upwards
Kiba Inu appears to have found some upside strength. As a result, short-term traders will recorded some profit in this market. Also, trading indicators continue […] Go to Source
Ripple Price Prediction Today, October 26, 2022: XRP/USD Retains Upside Focus
Price movements on the XRP/USD chart revealed how buyers were able to maintain an upside move in price. And with this, perhaps price action may […] Go to Source