Crypto assets, an abbreviation for cryptocurrency assets, along with other associated products and services, have grown rapidly over the years. Yet, they are also becoming more challenging and increasingly intertwined with greenhouse gas emissions and pollution as an industry. According to The White House, an estimated global electronic usage of 120 to 240 billion kilowatts […]Read full post
Regtank Awarded The RegTech Award – AML Risk Assessment in the Regulation Asia Awards for Excellence 2022 25th November 2022 | Singapore – Regtank Technology won the RegTech Award — AML Risk Assessment in the 5th Regulation Asia Awards for Excellence 2022; the awards recognize excellence by firms that have shaped the regulatory landscape in […]Read full post
Web 3.0 is the next stage of the internet that will redefine our everyday digital experience. How far and how quickly companies and users will adopt the technologies and their uses remains unknown. Looking into some uses and what makes up Web 3.0 can help companies to affiliate themselves with and get started. The […]Read full post
Having been around for over a decade, you would ask what exactly is Web 3.0? For that, we would first need to understand what Web 1.0 and Web 2.0 are. Comparison between Web 1.0, Web 2.0, and Web 3.0? Web 1.0 – The Static Web Web 1.0, also known as the “read-only web”, is […]Read full post
After the peak of a major rally in 2021, cryptocurrencies have continually been dropping in value and have lost 2 trillion USD since. Bitcoin was deemed to have lost 70% of its value per coin when benchmarked against their historic high of being valued at 69,000 USD per coin. Other than Bitcoin, Ethereum (ETH) and […]Read full post
The goal of both multi-chain and cross-chain technology is the enabling of shared information and data transference of crypto assets to multiple blockchain networks. Depending on the volatility and incentive structure in the market, users will transfer their crypto assets from one blockchain to another using blockchain bridges. A blockchain is a destination which users […]Read full post
In 2019, the infamous Canadian cryptocurrency exchange – QuadrigaCX swindled more than USD 190 million from investors. This should have barred its co-founder, Michael Patryn, from being involved in the finance and crypto industry for the security of investors. Yet the decentralised finance (DeFi) platform has provided Michael Patryn with new opportunities, as it was […]Read full post
In 2021, Nelly Marion Evans Risco “The Nun” held 1 million USD worth of illicit funds in a Swiss bank account that was intended to fund terrorist activities carried out by The Shining Paths, a terrorist organisation that was responsible for approximately 60,000 deaths. Fortunately, Peruvian authorities were able to confiscate the assets before they […]Read full post
Technological advancement has brought convenience and countless other benefits to the lives of many, yet it has also increased the amount of potential risks that many individuals and businesses have to face. Cybercrime has risen to become one of the most reported forms of fraud, where it has incurred a hefty bill of USD 6 […]Read full post
In 2021, the global crypto population rose from 106 million in January to 295 million in December, showing a vast increase of 178%. It is further predicted that the number of global crypto owners will reach 1 billion by the end of 2022. These large numbers denote the unprecedented growth of the crypto industry, which […]Read full post
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