Singapore's financial watchdog considers further restrictions on crypto
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Singapore’s financial watchdog considers further restrictions on crypto

The Monetary Authority of Singapore, or MAS, has been “carefully considering” adding restrictions that could affect how retail investors handle crypto, according to one of the government’s senior ministers. According to parliamentary records published on Monday, Singapore senior minister and MAS chair Tharman Shanmugaratnam said the financial watchdog may consider “placing limits on retail participation” for crypto investors as well…

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Why Ethereum Scaler Arbitrum Hit Pause on Odyssey NFT Campaign
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Why Ethereum Scaler Arbitrum Hit Pause on Odyssey NFT Campaign

Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) It can be difficult to extrapolate the precise differences between a good sustainable product and temporary financial incentives in the world of crypto. Crypto-native products are extremely clunky, asking users to jump through any number of weird hoops just to move a bit of money around. But if moving that…

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Bitcoin Culture Rewards Verification – Bitcoin Magazine

This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience. Nobody wants to do the hard work of verification. Instead most people want to just trust somebody and not worry about seeking out the truth. I get it, verification is hard. Verification is time consuming, it requires effort…

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BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB
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BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB

The crypto markets have remained relatively stable over the weekend and on July 4, which is a holiday for the United States financial markets due to Independence Day. Although Arthur Hayes, former CEO of derivatives platform BitMEX, was expecting a “mega crypto dump” around July 4, it has not materialized. The drop in Bitcoin’s (BTC) volatility in the past few…

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Bitcoin price spikes to $20K as whale bought BTC confirms support
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Bitcoin price spikes to $20K as whale bought BTC confirms support

Bitcoin (BTC) rose to clip $20,000 for the first time in five days on July 4 as the Independence Day holiday brought some unexpected gains. BTC/USD 1-hour candle chart. Source: Tradingview.com $20,000 briefly reappears Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $20,085 on the day, its best performance since June 30. The pair had spent most of…

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Chinese Tech Giants Alibaba, Tencent to Require ID Checks for NFT Purchases
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Chinese Tech Giants Alibaba, Tencent to Require ID Checks for NFT Purchases

Tencent, Ant Group, Baidu, JD.com, and several other leading Chinese tech companies last week issued a “self-disciplined development proposal” for the “digital collectible industry” that would introduce real-name authentication for users that issue, buy, and sell non-fungible tokens (NFTs), according to a South China Morning Post report. According to a statement by the China Cultural Industry Association, the signatories of…

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Multichain adds Rootstock to its blockchain bridge ecosystem
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Multichain adds Rootstock to its blockchain bridge ecosystem

Multichain, a cross-chain platform, has announced the integration of the Bitcoin-based (BTC) smart contract protocol Rootstock (RSK) blockchain into its ecosystem. This will allow users to exchange Ether (ETH), USD Coin (USDC), Binance USD (BUSD), and other assets between RSK, Ethereum, and BNB Chain. According to Monday’s announcement, the integration is a major milestone for Multichain because it opens up…

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Former Google CEO Eric Schmidt Is Skeptical About the Metaverse Concept – Metaverse Bitcoin News
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Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors – Bitcoin News

On July 4, the crypto lending company Vauld announced it suspended withdrawals, trading, and deposits after disclosing the firm is “facing challenges.” While not naming any specific companies, the Singapore-based cryptocurrency lending platform and exchange mentioned “financial difficulties” stemming from “key business partners.” Vauld Suspends Withdrawals Over ‘Financial Difficulties’ During the last 30 days, a number of cryptocurrency lending platforms…

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Does the Metaverse need blockchain to ensure widespread adoption?
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Does the Metaverse need blockchain to ensure widespread adoption?

Many assume, too, that blockchain technology will play a key role in the Metaverse, along with other emerging technologies such as artificial intelligence (AI) and virtual reality (VR). But, is the use of blockchain really a foregone conclusion? Stanford University professor Jeremy Bailenson recently moderated a World Economic Forum panel with some of the world’s leading thinkers of the Metaverse…

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