October 19, 2023 By Anjali Kochhar Alameda Research was a small crypto trading firm founded in 2017 and FTX a cryptocurrency exchange was founded in 2019. There are a few commonalities between the two companies, one both companies were founded by Sam Bankman-Fried and the second both companies were declared bankrupt in Nov 2022. The collapse […]

October 18, 2023 By Sharan Kaur Phillora Hong Kong’s BC Technology Group Ltd. is deciding the sale of its cryptocurrency platform OSL, distinguished as one of the two exchanges granted a license under the city’s newly established digital-asset regulations introduced in June. According to a report by Bloomberg, the exploratory move comes amidst a challenging

October 18, 2023 By Anjali Kochhar HAMAS is a Sunni Islamist political and militant organization that governs the Gaza Strip of Palestine territory and has been actively involved in terrorist activities in Israel since 1987. It is a fact that HAMAS has been receiving funding for terrorist activities through various crypto exchanges. According to AMBCrypto an

October 17, 2023 By Sharan Kaur Phillora Upbit, South Korea’s largest cryptocurrency exchange by trading volume, has achieved a significant milestone in its global expansion efforts. Upbit’s Singaporean arm announced today that it has been granted in-principal approval for a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). This approval allows

October 17, 2023 In this exclusive interview, NFT Correspondent Anjali Kochhar talks to Om Malviya, president at Tezos India, on the future of blockchain and Web3, regulations governing blockchain and the TEZASIA Hackathon 2023, amongst others. Q: Please tell us how you got introduced to the world of Web3? A: After completing my engineering from

October 16, 2023 By Anjali Kochhar Yuga Labs, the prominent crypto entity behind acclaimed NFT collections like Bored Ape Yacht Club and CryptoPunks, has announced a series of staff layoffs as part of an internal restructuring effort, according to reports by Bloomberg. The company’s recently appointed CEO, Daniel Alegre, revealed the need for this overhaul

October 16, 2023 By Sharan Kaur Phillora On October 11, China unveiled its first industrial park set to advance the digital yuan ecosystem in the Luohu district of Shenzhen, bordering Hong Kong. This initiative underscores China’s proactive steps towards fostering its central bank digital currency (CBDC), also recognized as e-CNY. Here’s what we know: The establishment,

October 13, 2023 By Sharan Kaur Phillora A recent survey by the Investor and Financial Education Council (IFEC) revealed that less than half (47%) of Hong Kong’s retail cryptocurrency investors are familiar with the newly introduced Virtual Asset Trading Platform Regulatory Regime. This legislation, implemented in June, seeks to safeguard the rights of retail investors in

October 13, 2023 By Anjali Kochhar In response to the recent conflict in Israel, a collective of leaders within the local cryptocurrency community, including prominent entities like 42Studio, MarketAcross, Collider Ventures, CryptoJungle, Nilos, Blockchain B7, Efficient Frontier, Ironblocks, the Israel Blockchain Association, Bits of Gold, and Cointelegraph, have united to establish ‘Crypto Aid Israel’. This

October 12, 2023 By Anjali Kochhar Finance ministers and central bank governors from the G20 nations are poised to convene in Marrakesh this week, with a substantial agenda focusing on the regulation of crypto assets and the reform of multilateral development banks (MDBs). Following the G20 leaders’ endorsement of recommendations by the Financial Stability Board