Crypto News

BitGo receives in-principle approval in Singapore Singapore’s financial regulator has granted crypto custody firm BitGo an in-principle approval. The licence allows BitGo to operate as a Major Payments Instutition (MPI) provider in the country. Digital asset custody provider BitGo has received a regulatory nod from the Monetary Authority of Singapore (MAS). The crypto company said…

Blog Post Article: The Bitcoin Rollercoaster: A Closer Look at the Recent Market Frenzy What Happened? The Bitcoin market was swept into a frenzy following an alleged hack of the US Securities and Exchange Commission’s (SEC) X account, falsely claiming the approval of 11 spot ETFs. This misinformation led to a rollercoaster in Bitcoin’s price,…

Welcome to the Future of Financial Trading Synthetic Indices: The New Frontier In the dynamically evolving realm of financial trading, synthetic indices have surfaced as a pivotal innovation, revolutionizing the landscape with a fusion of cutting-edge technology and unprecedented accessibility. These indices are optimally crafted through sophisticated algorithms coupled with stochastic random number generation processes,…

BitGo Gets Green Light in Singapore: What Does This Mean for Crypto Investors? Understanding BitGo’s Major Payment Institution Approval Exciting news hit the crypto world recently as BitGo, a leading crypto custodial service provider, announced that it has obtained in-principle approval from the Monetary Authority of Singapore (MAS) to operate as a Major Payment Institution…

BlockGuard and Pixelette Technologies Forge a Strategic DeFi Partnership The Collaboration: BlockGuard and Pixelette Technologies have come together to form a strategic partnership in the realm of Decentralized Finance (DeFi). Asif Ashiq Rana, the CEO of Pixelette, will be lending his expertise as an advisor to BlockGuard, bringing with him a wealth of knowledge in…

The Implications of Fake SEC Tweet on the Crypto Market Introduction On Tuesday, the crypto market was taken by storm when a tweet emerged from the official X (formerly Twitter) account of the United States Securities and Exchange Commission (SEC) saying all Spot Bitcoin ETF applications had been approved. This had been initially followed by…

Celsius initiates recovery of large pre-bankruptcy withdrawals Creditors withdrawing $100k+ pre-bankruptcy face legal action In a recent development, Celsius has announced that creditors who withdrew $100,000 or more before the company filed for bankruptcy will face legal action. This decision comes as part of Celsius’ efforts to recover funds and distribute them among all creditors…

Ripple’s Chief Legal Officer Demands Clarification on Approval Status of Fake Bitcoin ETF Within 4 Days The SEC’s official X account announced the approval highly anticipated spot Bitcoin ETF, only to later claim a security breach. Chairman Gary Gensler clarified the misinformation, attributing it to an unauthorized user’s actions. The tweet was promptly removed, but…