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MAS Introduces New Regulations for Digital Payment Token Service Providers
On April 2, the Monetary Authority of Singapore (MAS) announced an amendment to the Payment Service Act (PS Act) and its subsidiary legislation to broaden the scope of regulated services and impose user protection on digital payment token (DPT) service... -
BlackRock CEO Larry Fink Expresses Strong Confidence in Bitcoin’s Long-Term Future
BlackRock CEO Larry Fink had made bullish remarks about Bitcoin in a Fox Business interview on March 27. He stated that the BlackRock spot Bitcoin ETF is having massive inflows, which makes it the fastest-growing ETF in history. IBIT Scores... -
Robert Kiyosaki Forecasts Bitcoin at $100K by September and Advocates for Increased Investment
Robert Kiyosaki, author of "Rich Dad Poor Dad," predicts Bitcoin will reach $100,000 by September. He believes the upcoming halving event will drive its value higher and plans to buy more Bitcoin. Kiyosaki advises investors to consider adding Bitcoin to... -
Munchables Developer Returns $62.8M in Ether Post-Exploit
Munchables had announced on March 27 that one of its developers, who was responsible for the recent breach, had returned $62.8M worth of Ether. This development came after a series of negotiations with the developer, who decided to return the... -
Institutional Interest Surges in Crypto Market, Says Goldman Sachs Head of Digital Assets
Goldman Sachs' digital assets chief has revealed that major institutions are increasingly entering the crypto market, showing a shift from Bitcoin relying mainly on individual investors in the past. This shift underscores a changing perception of cryptocurrencies, with large financial... -
Grayscale CLO Confident Ether ETF’s Greenlight Despite SEC’s Passive Stance
Craig Salm, the Chief Legal Officer (CLO) at Grayscale, has, on March 25, expressed optimism about the approval of applications for spot Ether exchange-traded funds (ETFs), which is scheduled for May 2024. His statement came in the wake of concerns... -
ParaSwap Initiates Crypto Refunds Following Critical Smart Contract Discovery
On March 24, ParaSwap, a decentralized finance (DeFi) aggregator, announced the commencement of returning crypto assets to users after taking crucial measures to curtail a bug in its recently launched Augustus v6 smart contract. The DeFi platform took swift action... -
JPMorgan Warns of Continued Selling Pressure on Bitcoin Due to Overbought Positioning Despite Recent Price Decline and Halving Approaching
Despite recent drops in its price, Bitcoin remains overbought, according to JPMorgan, a major investment bank. JPMorgan thinks more people might sell Bitcoin because its price has dropped and the halving event is coming up. People who own a lot... -
Extradition of Terraform Lab’s Do Kwon’s to South Korea Faces Supreme Court Review
On March 21, Montenegro’s Office of the Supreme State Prosecutor released a letter that challenged a recent court order to extradite Terraform Lab’s co-founder Do Kwon to South Korea. This latest development would see Montenegro facing dual demands from the... -
SEC Delays VanEck’s Spot Ether ETF Application Deadline
The United States Securities and Exchange Commission (SEC) has pushed the deadline for applying VanEck's spot Ether exchange-traded fund (ETF) to May 23. This is contained in the notice of the commission dated March 20. The delay means that the...
