Investment Companies

Asia, led by the proactive initiatives of Singapore and Hong Kong, is swiftly becoming a hub for well-defined cryptocurrency regulations. Ong Chengyi, the Head of APAC Policy at Chainalysis, emphasized the similarity in both jurisdictions’ commitment to upholding rigorous regulatory standards and fostering a conducive atmosphere for digital asset enterprises. In sharp contrast, the...

In an exclusive announcement, OKX Group’s Commercial Director, Jimmy Lai, discloses that the company stands on the brink of securing a coveted cryptocurrency license in Hong Kong. With ambitious plans in mind, OKX Group is poised to draw a substantial wave of retail investors, targeting a range of 100,000 to 200,000 individuals in Hong Kong. […]

Welcome to the world of decentralized finance (DeFi), where financial services and tools, such as investments, lending, borrowing, trading, tokenized real estate, and insurance, are made available through decentralized websites. In contrast to traditional centralized finance, where banks and financial institutions typically act as intermediaries, DeFi operates on a peer-to-peer basis...

PayPal’s entry into the world of cryptocurrencies highlights two key points. Firstly, it underscores the urgency for major financial firms to embrace the crypto revolution. By introducing its own stablecoin, PayPal now provides over 400 million users with seamless access to digital assets, enhancing their ability to invest. Unlike opting for established stablecoins like Tether […]

A new social application based on cryptocurrency was launched on August 10, and since then it has gained rapid traction within the crypto Twitter community. The social application was named ‘Friend.Tech’, and it is exclusively available on mobile devices. It is built on or established on the recently introduced Layer 2 blockchain, known as Base. […]

A “wormhole” typically refers to a protocol or mechanism that facilitates the interoperability and transfer of digital assets, such as tokens or data, between different blockchain networks. Wormhole solutions aim to bridge the gap between separate blockchains that might have different technical specifications, consensus mechanisms, or protocols. Wormhole technology enables the...

During a court appearance on Tuesday, Sam Bankman-Fried reaffirmed his not-guilty plea in relation to fraud and money laundering charges connected to the downfall of his cryptocurrency enterprise, FTX, the previous year. In the Southern District of New York courthouse, the FTX founder was formally presented with the charges contained in a new indictment. The […]

Deflationary cryptocurrencies are digital currencies that are designed to decrease in supply over time, leading to a reduction in the overall circulating supply of the cryptocurrency. This is in contrast to inflationary cryptocurrencies, where the supply of tokens increases over time. The concept of deflationary cryptocurrencies is often associated with mechanisms that are intended to […]

In a significant stride towards integrating stablecoins into mainstream finance, PayPal has introduced the USD-backed stablecoin PYUSD. This move marks a pivotal moment as PayPal, a prominent financial platform, ventures into the realm of stablecoins. Alongside this launch, PayPal is set to roll out the “Cryptocurrencies Hub,” a platform that empowers verified users to engage...

A technical point of view has revealed that the Legal & General Group Plc financial capital institution (LSE:LGEN) has relatively begun to look for a base as it is setting for a rise from above the line of the 220 markup line. Since about May, trade activity has gradually turned around the 240 and 220 […]