Taiwan Releases Crypto Guidelines as It Tightens Regulation

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Taiwan’s Financial Supervisory Commission (FSC) has recently issued directives to safeguard customer interests within the cryptocurrency space. A New Direction for Taiwan’s Crypto Community On Tuesday, Taiwan’s financial regulatory authority introduced an extensive… Continue reading Taiwan Releases Crypto Guidelines as It Tightens Regulation

Alibaba to Spin Off Cainiao Logistics Unit Amid Value Unlocking Push

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Chinese e-commerce giant Alibaba (NYSE: BABA) would spin off its logistics arm Cainiao Smart Logistics Network Ltd amid the continued value-unlocking push. Alibaba is looking to list the business in Hong Kong and… Continue reading Alibaba to Spin Off Cainiao Logistics Unit Amid Value Unlocking Push

MicroStrategy Acquires 5,445 Bitcoins Worth $147 Million

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Popular business intelligence (BI) solution firm MicroStrategy has expanded its Bitcoin holdings by acquiring an additional 5,445 BTC. This acquisition, amounting to $147.4 million, was executed at $27,053 per Bitcoin, including all fees… Continue reading MicroStrategy Acquires 5,445 Bitcoins Worth $147 Million

Terra Classic Community Decides to Halt UST Coin Creation with Strong Majority Support

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Terra Classic community, a group of people using a digital money system, recently made a big choice. They were talking about whether to stop making a digital currency called Terra USD, often… Continue reading Terra Classic Community Decides to Halt UST Coin Creation with Strong Majority Support

Mt. Gox Trustee Postpones Creditor Repayment Deadline to 2022 Amid Banking and Crypto Exchange Delays

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Next year will be the new deadline for repaying creditors according to a recent announcement by the Mt. Gox trustee, Nobuaki Kobayashi. Unforeseen delays were caused by ongoing discussions with banks, fund transfer… Continue reading Mt. Gox Trustee Postpones Creditor Repayment Deadline to 2022 Amid Banking and Crypto Exchange Delays

Global Debt Hits All-Time High in Second Quarter, Predicted to Reach 337% of GDP by Year-End

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. According to the Institute of International Finance (IIF), the world’s debt hit an all-time high in the second quarter. However, this surge has consequently caused the global debt-to-GDP ratio to reverse its previous… Continue reading Global Debt Hits All-Time High in Second Quarter, Predicted to Reach 337% of GDP by Year-End

Stanford to Return $5.5 Million in Cash Gift Received From FTX

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Stanford University has announced that it intends to return the ‘entirety’ of funds it received from the now-defunct cryptocurrency exchange, FTX. $5.5M Cash Donation for Pandemic-Related Prevention and Research to Be Coughed-Up In… Continue reading Stanford to Return $5.5 Million in Cash Gift Received From FTX