The Monetary Authority of Singapore (MAS) has unveiled plans to collaborate with the financial industry. This aims to broaden asset tokenization initiatives and build foundational capabilities to scale tokenized markets. This initiative is known as Project Guardian. It seeks to…
The Rise and Fall of Three Arrows Capital: MAS Bans Founders
Introduction In the ever-evolving world of cryptocurrency, stories of success and failure have become a common narrative. One such tale that has recently garnered significant attention is the demise of Three Arrows Capital, a crypto hedge fund. In a stunning…
Singapore’s Defacto Bank Partners with Big Players on Blockchain Asset Settlement
The central bank of Singapore has announced that it has penned a deal with several high profile entities in a bid to ease digital asset settlements. The partnership between the monetary authority of Singapore (MAS) and the Singapore Exchange (SGX)…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
