The crypto industry is experiencing turbulent times, with crypto winter forcing them to shut down operations and freeze hiring. During this bear market, there has been a lot of news about crypto layoffs. According to a report released on November 14 by CoinGecko, layoffs in the crypto sector will account for 4% of the overall […]
Read full postSingapore has a supportive cryptocurrency climate as a global leading financial hub. In the realm of fintech, Singapore has supported new businesses. Singapore does so by setting aside funds to grow the sector, under government initiatives to support local firms with a $8.9 million fund for blockchain innovation. Singapore cultivates a balanced environment of government […]
Read full postLaunched in October last year, the new cryptocurrency token inspired by the popular South Korean Netflix series skyrocketed in value as investors rode on the hype to relate themselves to the tv series. The developers of $SQUID promised a project where it would replicate the tv series with a play-to-earn game that would require an […]
Read full postAs the adoption of cryptocurrency grows, cryptocurrency-related issues increase as well. Recently, a new argument over the use of unhosted cryptocurrency wallets is currently trending, as they are deemed risky. Most countries are only now realising that introducing anti-money laundering (AML) measures into the realm of private or unhosted wallets is critical to the overall […]
Read full postWhat Is an Atomic Swap? An atomic swap, also known as a cross-chain atomic swap, is the exchange of cryptocurrency from different blockchains. Atomic swaps, also known as atomic cross-chain trading, allow users to exchange cryptocurrencies directly between blockchains without the need for a third party, such as an exchange. Smart contracts are used by […]
Read full postCryptocurrency wallets (crypto wallets) store public and private “keys” which are necessary for crypto currency transactions. These keys are an arbitrary string of random characters, akin to a unique ID number. Keys come in pairs: every public key is paired with a private key, ensuring that customer data is always protected. These keys are necessary […]
Read full postWhat is Blockchain-Powered Carbon Trading? Before delving into blockchain-powered carbon trading, one must first understand the mechanisms behind carbon credit. Carbon credits, also known as carbon offsets, is a tradable permit or certificate which allows the owner of the credit to emit a specified level of carbon dioxide or other greenhouse gases. One credit can […]
Read full postWhat is a crypto wallet? A cryptocurrency wallet is a hardware or software device that stores your cryptocurrency keys and allows you to access your coins. Crypto wallets keep your private keys safe and accessible, allowing you to transfer and receive cryptocurrencies such as Bitcoin and Ethereum. There are various wallet types, each with its […]
Read full postWhat is the Fed Rate? Fed rates, also known as federal funds rate, refers to the target interest rate regulated by the Federal Open Market Committee (FOMC) to modulate economic activity. The target is also the rate at which commercial banks borrow and lend their excess reserves to one another overnight. Target fed rates are […]
Read full postWhat is Financial Censorship? Financial Censorship occurs when a private entity’s financial activity is restricted in a way which inhibits their operations. This restriction is typically implemented by Financial Institutions (FIs) and Payment Intermediaries (PIs), with the implicit intention of limiting, or even silencing, these private entities. Common methods of Financial Censorship include freezing of […]
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