What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…
Glassnode and CryptoSlate Deep Dive: How a cold winter is impacting Bitcoin miners and why the fear has just begun – Issue 01 The current state of Bitcoin Miners is extremely stressful as coin prices declined, and credit has contracted, while mining input energy costs have also been on the rise. 🤝 Brought to you…
The Monetary Authority of Singapore (MAS) said it placed Binance on its Investor Alert List (IAL) and not the bankrupt FTX because the former is actively looking for users in the country, while the latter is not, according to a Nov. 21 statement. The watchdog added that neither Binance nor FTX are licensed to operate…
Singapore-owned investment fund Temasek said it was writing off its $275 million investment in the bankrupt crypto exchange FTX, according to a Nov. 17 press statement. According to the fund, it had misplaced its “belief in the actions, judgment, and leadership” of FTX founder Sam Bankman-Fried. Temasek carried out eight months of due diligence Temasek…
The Monetary Authority of Singapore (MAS) stated that the bankrupt crypto exchange FTX does not operate in the country, Wu Blockchain reported on Nov. 14. The Monetary Authority of Singapore (MAS) response to the FTX incident: https://t.co/VMoN0hPYvm pic.twitter.com/HizRtXXNvw — Wu Blockchain (@WuBlockchain) November 14, 2022 The report noted that the embattled exchange was “neither licensed…
Singapore plans to increase the entry barrier into cryptocurrency trading for retail investors because they are “oblivious” to the associated risks, according to a speech delivered by the Monetary Authority of Singapore (MAS) managing director Ravi Menon on August 29. According to Menon, retail interest in cryptocurrencies remains very high despite the industry risks warnings….
The Monetary Authority of Singapore (MAS) is considering new regulations to protect retail investors after the crypto market crash led to the collapse of several crypto firms. According to the regulator, the new rules being considered include “placing limits on retail participation, and rules on the use of leverage when transacting in cryptocurrencies.” MAS continued…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Cryptocurrency platform Crypto.com has received in-principle approval from Singapore’s main market regulator for its Major Payment Institution License. Granted by the Monetary Authority of Singapore (MAS), the license enables companies to offer a range of payment services within the Payment Services…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The Monetary Authority of Singapore (MAS) has launched a digital asset pilot program to examine the potential of asset tokenization and decentralized finance tagged “Project Guardian.” Project Guardian is a collaboration between the regulator and several key financial players who will…
Singapore’s parliament has passed an omnibus bill that will expand the powers of its primary market watchdog and introduce tighter regulation for crypto companies in the country. Passed on Tuesday, April 5th, the law is the government’s latest effort to tighten its grip over the booming crypto industry. Singapore’s lawmakers, however, maintain a crypto-friendly outlook…