Indonesia Blockchain Week 2024: Igniting Innovation and Collaboration in Southeast Asia
The Indonesia Blockchain Week 2024, set for November, promises to be the largest edition yet, aiming to accelerate innovation and collaboration in Southeast Asia’s blockchain ecosystem. With a focus on bridging traditional finance with blockchain technology and exploring the future of entertainment, the conference reunites industry professionals and thought leaders after a two-year hiatus. 4 April 2024 – The Indonesia...
Bitcoin Surpasses US$71,000 Mark as Regulatory Approval Boosts Market Confidence
Bitcoin surged past $71,000, buoyed by regulatory approval allowing recognized investment exchanges to introduce crypto-backed exchange-traded notes. The Financial Conduct Authority’s decision has injected fresh momentum into the cryptocurrency market, fueling optimism among investors. 11 March 2024 – Bitcoin reached an all-time high of over $71,000 on Monday, continuing its upward trajectory without signs of slowing down....
Bitcoin Surges to Two-Year High, Approaches Record Levels Amidst Inflow Surge
Bitcoin reaches a two-year high, nearing record levels as inflows into U.S.-listed bitcoin funds surge. Ethereum also sees gains amidst speculation of exchange-traded funds, reflecting a broader market rally reminiscent of 2021’s bullish sentiment. 4 March 2024 – Bitcoin soared to a two-year high on Monday, surpassing $65,000 and nearing its record level, driven by a surge in inflows into U.S.-listed bitcoin funds. The...
Bitcoin Surges Past $60,000 as Market Optimism Soars: Insights and Implications
Bitcoin surpasses $60,000 fueled by institutional interest and market optimism, with Ethereum also hitting new highs, prompting anticipation of ETF approvals by U.S. regulators. 29 February 2024 – On Wednesday, Bitcoin soared above the $60,000 threshold for the first time in over two years, propelled by a surge of investment into new U.S. spot bitcoin exchange traded products. The cryptocurrency witnessed a remarkable 42% price...
Bitcoin Hits $1 Trillion Milestone Amidst Record Highs and U.S. Spot ETF Surge
Bitcoin surpasses the $1 trillion market cap milestone amidst a surge in U.S. ETF investments, reaching a 25-month high and signaling renewed investor confidence in the cryptocurrency market’s resilience. 15 February 2024 – Bitcoin’s total market value surged past $1 trillion on Wednesday, marking a significant milestone not seen since November 2021, fueled by continuous inflows into U.S. spot bitcoin exchange-traded...
Sophos Reveals Global Surge in DeFi Savings Scams by Sha Zhu Pan Scammers
Sophos exposes the expansion of sha zhu pan scammers’ DeFi savings schemes, highlighting the global proliferation of fraud facilitated by sophisticated scam kits and the emergence of new pig butchering rings across diverse regions. 15 February 2024 – Sophos, a global leader in cybersecurity services, has exposed the emergence of sophisticated “DeFi savings” scams within the realm of cryptocurrency fraud,...
Bitcoin Hits Seven-Week Low Below $40,000 Amid ETF Launch Fallout and Competition with Traditional Stocks
Bitcoin hit a seven-week low, dropping below $40,000 for the first time since the launch of 11 spot bitcoin exchange-traded funds on January 11. The decline, down 3.98%, coincided with the cryptocurrency market facing challenges competing with traditional stocks, as the S&P 500 index reached record highs. Analysts and market-watchers attribute the dip to a variety of factors, including the SEC’s approval of bitcoin ETFs,...
Kaspersky Survey Reveals Gamers Spearhead Growing Acceptance of Cryptocurrency in Everyday Transactions
A global survey by Kaspersky reveals a significant increase in consumer acceptance of cryptocurrency, particularly among gamers. The study indicates a growing understanding of digital currencies, with 81 percent of gamers owning cryptocurrency and 55 percent of respondents considering themselves ‘very’ or ‘extremely’ knowledgeable. The survey also highlights shifting attitudes toward using cryptocurrency for...
Singapore’s MAS Unveils Groundbreaking Initiatives for a Digital Money Future
The Monetary Authority of Singapore (MAS) has introduced three key initiatives, including a digital Singapore dollar blueprint, expanded digital money trials, and the issuance of a “live” CBDC for wholesale settlement, signaling a significant advancement in the country’s digital monetary landscape. These initiatives aim to ensure secure and innovative digital money utilization, encompassing components such as...
BingX and Zepeto Join Forces to Launch ZTX Trading Pairs, Pioneering a New Era of Gaming Cryptocurrency
BingX has introduced ZTX trading pairs through a strategic partnership with Zepeto, a popular Minecraft-style game with over a billion downloads. ZepetoX, which recently entered the cryptocurrency market and garnered significant trading volume, offers unique gaming experiences and free virtual land. The collaboration paves the way for new opportunities at the intersection of gaming and cryptocurrency. 16 October 2023 – In a...
BingX Leads the Way: Adds Banana Gun to Crypto Offerings, Signaling Crypto Trading Innovation
BingX added Banana Gun to its offerings. This strategic listing demonstrates BingX’s dedication to leading the way in crypto trading by providing its users access to promising and innovative tokens. Just days prior, BingX had announced its plans to integrate the Banana Gun project, reaffirming its agility and commitment to staying ahead in the evolving crypto landscape. 15 September 2023 – BingX, a centralised crypto...
Visa Expands Stablecoin Settlement to Solana Blockchain in Partnership with Worldpay and Nuvei
Visa expands its stablecoin settlement capabilities to the Solana blockchain, partnering with Worldpay and Nuvei to streamline fiat-denominated payment settlements. This move marks Visa as a pioneer in adopting blockchain technology and leveraging USDC to enhance cross-border transactions and payments. 5 September 2023 – Visa, a global leader in payment solutions, has taken a significant step toward modernizing cross-border...
The Dark Side of AI: Kaspersky Expert Warns of Psychological Dangers in Cybersecurity
Kaspersky’s Vitaly Kamluk highlights the potential psychological impacts of AI in cybercrime, including the “suffering distancing syndrome” among cybercriminals and the delegation of responsibility in AI-driven cybersecurity processes. Kamluk proposes guidelines for safely harnessing AI’s benefits. 5 September 2023 – In a thought-provoking analysis, Vitaly Kamluk, the Head of Research Center for Asia...
Mastercard and Binance Collaboratively Cease Crypto Card Services Across Select Countries
Mastercard and Binance have jointly declared their decision to terminate the cryptocurrency card programs across Argentina, Brazil, Colombia, and Bahrain by September 22. This move comes amid a period of regulatory challenges for Binance, while Mastercard continues its strategic partnerships within the cryptocurrency space. 25 August 2023 – In a joint decision, global payment giant Mastercard and cryptocurrency exchange Binance...
PoPMaxCrypto Attains U.S. MSB License: A Secure and Compliant Haven for Cryptocurrency Traders
PoPMaxCrypto secures official recognition as a Money Services Business (MSB) through approval from the U.S. Currency Services Business. This achievement highlights the exchange’s commitment to regulatory compliance, enhanced security, and user-centric services, as it offers a secure and regulated platform for cryptocurrency trading. The exchange’s adoption of U.S. Anti Money Laundering (AML) and Know Your Customer (KYC)...
Popmaxcrypto’s Breakthrough: Launching Proprietary PMC Token and Cutting-Edge Trading Platform
Popmaxcrypto introduces its proprietary PMC token alongside an innovative digital asset trading platform, emphasizing security and a versatile trading environment. The token, launched on August 10th, enhances user transactions and interaction within the platform, underscoring the company’s commitment to evolving digital asset trading. 16 August 2023 – Popmaxcrypto, a trailblazing digital asset trading platform, has...
BingX Exchange Ventures into SEI Layer 1 Public Chain Project Launch
BingX, a prominent cryptocurrency exchange, is set to debut the SEI Layer 1 public chain project on August 15th, becoming an early adopter of the SEI coin launch within the COSMOS ecosystem. This strategic move aligns with SEI’s emphasis on DeFi, empowering it to achieve impressive transaction processing capabilities. BingX’s rigorous project evaluation process and ongoing monitoring showcase its commitment to providing a...
PayPal Introduces PayPal USD Stablecoin to Promote Digital Currency Adoption
PayPal has entered the stablecoin market by unveiling its own U.S. dollar-backed stablecoin, PayPal USD. This stablecoin is underpinned by U.S. dollar deposits and short-term U.S. Treasuries, offering stability and security for digital transactions and transfers. The move reflects PayPal’s commitment to driving digital currency adoption and enhancing accessibility within the realm of digital assets, catering to a wider range of...
Tether Reports Surge in Assets and Operational Profits Amidst Growing Crypto Market
Tether, the leading stablecoin, attains unprecedented success with its assets skyrocketing to $86.5 billion in Q2 2023, accompanied by a remarkable operational profit of over $1 billion, representing a significant 30% quarterly surge. 31 July 2023 – Tether, the world’s largest stablecoin, reported a significant increase in its assets, reaching $86.5 billion in the second quarter of 2023. The company also disclosed making...
Indonesia Launches First Crypto Assets Futures Exchange to Instill Confidence and Investor Protection
Indonesia pioneers its Crypto Assets Futures Exchange, bolstering investor confidence and cementing its position as a regulated and secure hub for crypto asset trading. The initiative aims to revolutionize the nation’s crypto landscape and foster a thriving digital trading ecosystem. 31 July 2023 – Indonesia’s Trade Ministry and the Commodities Futures Trading Regulatory Agency (Bappebti) have jointly unveiled the...
