Independent Reserve survey reveals that 43% of Singaporeans own digital assets
This year’s inaugural Independent Reserve Cryptocurrency Index, was determined by polling 1,000 Singaporeans from a diverse range of backgrounds, including gender, age, and geographic area. According to a new survey conducted by Asia-Pacific cryptocurrency exchange Independent Reserve, cryptocurrency adoption is increasing in Singapore, particularly among younger generations looking to capitalise on the generational wealth potential […]
Bitcoin market: increases by 15% in 3 hours
Bitcoin has soared in recent days, reaching $40,000 for the first time this month to test resistance. Just a few hours earlier today, the price of Bitcoin increased by more than ten percent, with prices fast rising from around $35,000 to just shy of $40,000 on July 26. In the price action, we can see […]
FTX cuts maximum leverage to 20x from 101x
In an effort to promote responsible trading methods, Sam Bankman-Fried, the CEO of FTX, a rapidly growing crypto derivatives exchange, has reduced the maximum leverage. Cryptocurrency derivatives trading platform FTX has made the decision to curtail hazardous trading by restricting the amount of leverage available to its members. Sam Bankman-Fried (SBF), the founder of the […]
Uniswap removes 100 tokens, options, and indexes from its interface
As regulatory worries grow, synthetic tokens and tokenized stocks have been added to Uniswap Labs’ blacklist of prohibited items. Uniswap , the world’s largest decentralised exchange, has announced the delisting of several tokens from its app interface, effective immediately. According to Uniswap Labs, the notification was published on July 23 and stressed that the tokens […]
Roc-A-Fella Cofounder Damon Dash Allegedly Selling NFT for $10M in Ether
Damon Dash, co-owner of Roc-A-Fella Records, was sued last month for attempting to sell an NFT related to Jay-album Z’s “Reasonable Doubt.” Often, when musicians attempt to profit off a song or an album by “making an NFT of it,” they are referring to a file (typically an image or video) that is related to […]