Singapore’s regulatory authority has launched a fresh probe into Terraform Labs, a blockchain company established by Do Kwon, amid tensions over potential regulatory breaches. The step follows a similar investigation opened by the United States Securities and Exchange Commission (SEC) last year for misleading the public by stating that Terra was decentralized and that TerraUSD…
Blockchain technology has emerged as a revolutionary technology that has the potential to disrupt traditional business models across various industries. This decentralized, secure, and transparent technology can transform businesses’ operations, making them more efficient, transparent, and secure. In this article, we will explore how blockchain can disrupt traditional business models and create new opportunities for…
In recent years The Securities and Exchange Commission has cracked down on several high-profile crypto firms. In a recent effort, SEC has launches emergency actions against BKCoin, a Miami-based investment advisor, for its involvement in a $100 million fraudulent investment scheme. What are the Allegations against BKCoin? As per the SEC, BKCoin and its co-founder,…
Virtual reality has emerged as a disruptive technology that has the potential to revolutionize many industries. The Metaverse is a concept that has gained popularity in recent years and is often described as a virtual world where people can interact with each other in real time. The Metaverse is becoming a reality thanks to advancements…
To bring improvement in the customer experience, the State Bank of Pakistan (SBP) has called on all commercial banks to begin leveraging blockchain technology for customer identification, or Know Your Customer (KYC) verification. The incorporation of blockchain technology will enable banks to prevent money laundering, terrorism financing, decreasing the paperwork involved in the process of…
Binance US, the American branch of the global cryptocurrency giant Binance, is reportedly accused of running an unregistered securities exchange. This news comes as a shock to the American crypto community. Thanks to the SEC’s scrutiny of companies that violate securities laws in the cryptocurrency space as this revelation is part of this ongoing clampdown…
Kiraverse, the popular multiplayer game that enables players to import custom characters and trade in-game assets for cryptocurrencies, has just announced the release of their new beta version V1.3. The latest update comes with a significant new integration, which allows players to use digital assets they own, even if they’re from non-Kiraverse collections. Moreover, in…
JPG Store improves its site’s language translations to provide easier access for international artists to create NFTs for a global community of buyers [ GLOBAL ] – February 28, 2023 – Today, JPG.Store announced the launch of Language Localization, a feature which improves the quality of the site’s translations for the benefit of its global…
The Seven Sins of Sinso First sin: Lack of return on investment As a member of the Sinso community, I participated in the second stage of the SSC test network of Sinso and the third stage of the Amstar test network. The total token output of the 2000 nodes was about 2000, and the total…
Recent Bitcoin (BTC) has experienced an impressive surge of nearly 50% in the initial seven weeks of the year, resulting in a six-month peak of $24,900. As a result of this bullish market sentiment, the unprecedented volatility of cryptocurrencies has led to a new all-time high in 2023. This new opportunity has prompted the cryptocurrency…
