May 31, 2023 By Sharan Kaur Phillora Temasek Holdings, a sovereign wealth fund in Singapore, has made a commitment to assume responsibility for its unfortunate $275 million investment in the collapsed cryptocurrency exchange, FTX. In an official statement released on Monday, the fund acknowledged that there had been fraudulent activities purposefully concealed from investors, including […]

May 31, 2023 By Anjali Kochhar In recent years, Non-Fungible Tokens (NFTs) have gained widespread attention and sparked discussions about their social impacts. These unique digital assets, enabled by blockchain technology, have revolutionised the way we perceive, buy, and sell digital content. Let’s delve into the potential benefits and concerns associated with this innovative technology.

May 30, 2023 By Murtuza Merchant The year 2023 has witnessed a robust Bitcoin rally, with only a select few altcoins surpassing expectations. The outperforming coins can be attributed to their association with strong crypto narratives that have emerged recently.  These narratives include AI, liquid staking, perpetual DEXs, and memecoins, which have dominated the crypto

May 30, 2023 By Anjali Kochhar In a surprising turn of events, the crypto project Worldcoin, spearheaded by OpenAI CEO Sam Altman, has gained significant attention in China, with users resorting to the black market for acquiring know-your-customer (KYC) verifications. Worldcoin aims to establish a global blockchain-based identification system utilising iris scans. According to observations by

May 30, 2023 By Sharan Kaur Phillora The cryptocurrency exchange Huobi announced its plans to open a trading service in Hong Kong. The decision follows a set of comprehensive updates to the city’s regulatory framework pertaining to digital assets. Here’s what we know:  Huobi announced its plans to open a new trading platform intended for Hong

May 29, 2023 By Sharan Kaur Phillora According to a study by foreign exchange education platform Forex, Hong Kong is among the most crypto-ready jurisdiction in the world. Factors considered to calculate a country’s readiness were the number of crypto ATMs proportional to the population and geographical size and the number of blockchain startups per 100,00

May 29, 2023 By Tsering Namgyal Beijing released a rare whitepaper on Web3 last week charting out the nation’s ambitions to develop and harness the powers of the new technology and how it is fostering a Web3 digital ecosystem in the capital. “Beijing Internet 3.0 Innovation and Development White Paper (2023)”, was released by the

May 29, 2023 By Murtuza Merchant Airdrops are a promotional tool used in the crypto world to create awareness and facilitate the adoption of new tokens before their official release. Auroracoin (AUR) pioneered the concept of airdrops in 2014.  Although the project ultimately failed, airdrops have continued to prove their worth as a marketing strategy. In the blockchain sphere, an

May 29, 2023 By Murtuza Merchant Have you ever wondered how some individuals make huge profits in the crypto market? The answer lies in tracking the activities of crypto predictors, often referred to as “whales.” These individuals possess significant amounts of capital and have the ability to influence the market.  By following their trades and

May 26, 2023 By Murtuza Merchant As the decentralized finance (DeFi) space continues to expand, investors are increasingly interested in understanding and taking advantage of the various opportunities it presents.  One crucial metric in the DeFi world is Total Value Locked (TVL), which represents the combined value of tokens staked in different DeFi products, such