Crypto exchange Binance is winding down its exchange operation in Singapore after the company decided to withdraw its application with the Monetary Authority of Singapore (MAS) to operate a digital asset exchange in the country. “Buying and selling of crypto from existing assets of users will be discontinued from 13 January 2022,” said Binance Singapore. Binance Withdraws Application to Operate…
On Tuesday, New York Digital Investment Group, or NYDIG, a financial institution specializing in Bitcoin financial services such as savings accounts, trading brokerage, 401(k)s, etc., announced it had secured a $1 billion equity investment led by WestCap. The funding places its valuation at nearly $7 billion. The firm has proved to be popular among institutional investors. Last year, Stone Ridge,…
beginner The industry keeps moving forward, and so does Changelly. We are constantly improving our services and enhancing the ecosystem of Changelly’s products to bring you the best crypto experience. Today, we will explain how to exchange cryptocurrency on the Changelly instant exchange platform and become a proud crypto HODLer in just several minutes. This tutorial consists of two parts:…
In brief Moonray is an NFT-driven metaverse game built on Stacks, a network that makes use of the Bitcoin blockchain. The developer, Moonray PBC, raised a $3.5 million seed round led by Animoca Brands. The metaverse is taking shape, and while Facebook’s vision of it might still be years off, Ethereum-based game worlds like Decentraland and The Sandbox are already…
beginner Changelly introduces another token joining the family of over 200 cryptocurrencies available on the platform. Now, users can effortlessly exchange DAR tokens at floating rates. DAR is the governance token of the Mines of Dalarnia (MoD) game. It also serves as the default currency of the Dalarnian world and is used for upgrading tools and trading on marketplaces. Players…
In brief The partnership will make weather data available to blockchain applications. AccuWeather’s Node will broadcast data across blockchains, cryptographically signing it, allowing users to know that it came from them. It’s December, but things are looking sunny for Chainlink use cases. Weather data provider AccuWeather announced its node on Chainlink went live today. It joins the growing list of…
Toy company MGA entertainment announced Tuesday that the first NFT-based cards for the L.O.L. Surprise trading card game are now available in stores. The company entered into a partnership with digital asset consultancy firm Ioconic in September, and now hopes that the $25 billion L.O.L. Surprise brand will succeed in ushering its young fans into the NFT ecosystem. 10 million physical packs of…
As 2021 draws to a close, we’re thrilled to announce that Chief People Officer (CPO), Pranesh Anthapur, has joined Kraken’s executive leadership team. Pranesh will head the development and execution of Kraken’s global people strategy ensuring we’re fit for the future as we look to more than double our staff to over 5000 in the coming year. “Pranesh has a…
Cyprus is moving to regulate the cryptocurrency industry, with the country’s finance ministry releasing a national risk assessment on crypto. Published on Dec. 13, the official documentation provides a risk assessment for the Republic of Cyprus regarding money laundering risks related to virtual asset activities and virtual asset service providers (VASPs). The Ministry of Finance of Cyprus stressed that there…
Global cryptocurrency exchange FTX is expanding its presence in the world of sports, striking a multi-million dollar international rights sponsorship deal with the Golden State Warriors, one of the household names in the National Basketball Association (NBA). While the terms of the deal have not been disclosed, sources familiar with the matter told CNBC that the multi-year agreement between the…
