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Crypto Watch

International

US SEC bid for quick appeal of crypto ruling is denied by judge

The SEC sued Ripple in 2020, alleging the company failed to register the XRP token as a security.
Companies & Markets

Crypto firm Ripple says over 80% of hiring this year outside US

The Monetary Authority of Singapore has given in-principle approval to Ripple for a major payments institution licence.
Startups

Ripple gets in-principle go-ahead to offer crypto digital-payment services in Singapore

The SEC last week widened its crackdown on the crypto industry through a one-two punch against the biggest firms, Binance Holdings and Coinbase.
Companies & Markets

Coinbase pushes for legislative remedy as it fights US SEC suit

The worlds of traditional and digital finance alike are transfixed by the wreckage of FTX, which at one point boasted a US$32 billion valuation.
International

History says Bitcoin is set for more losses in December

The interconnected collapses of companies including hedge fund Three Arrows Capital (above) and platforms Zipmex, Hodlnaut and Vauld have highlighted the lack of extensive risk management rules for digital asset companies.
Banking & Finance

Singapore steps up crypto questioning as firms brace for changes

An attendee near logos of different cryptocurrencies at the CryptoCompare Digital Asset Summit at Old Billingsgate in London, U.K., on Wednesday, March 30, 2022. Bitcoin and other cryptocurrencies had been, up until the last few weeks, mired in a similar downtrend as other riskier assets, like U.S. stocks. Photographer: Luke MacGregor/Bloomberg##########mqgreen##########
Wealth & Investing
CRYPTO WATCH

Real world assets will be crypto’s anchor as bottom falls out of speculative leveraging

Over US$50 billion was wiped out from Terra stablecoin's ecosystem last month, and over US$400 billion from the overall cryptocurrency market.
Wealth & Investing
Crypto Watch

The Big De-peg: If it looks like a Perpetual Motion Machine, run

Bored Ape Yacht Club #4418, one of a set of 10,000 non-fungible tokens (NFTs) representing cartoon apes, made by the U.S.-based company Yuga Labs is seen in this image created in the digital space, May 1, 2021. Image created May 1, 2021. Property of Nexo/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES. MANDATORY CREDIT
Wealth & Investing
CRYPTO WATCH

Do NFTs have any value at all?

The way of the DAO could be the future of work
Wealth & Investing
CRYPTO WATCH

The way of the DAO could be the future of work

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