March 8, 2022

Crypto Bank Sygnum Singapore Secures Additional Regulatory Approval

Sygnum Singapore – a subsidiary of Switzerland’s Sygnum Bank – received in-principle approval from the country’s top financial regulator to conduct three additional activities. These include providing corporate finance advisory services, dealing in capital market products, and offering custodial services. Sygnum to Enable More Opportunities Upon obtaining full approval from the Monetary Authority of Singapore,...
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Avalanche Launches $290 Million Incentive Program to Accelerate Growth of Subnets

The Avalanche Foundation recently announced “Multiverse” – an up to $290 million (about 4 million AVAX) incentive program to help develop subnets on its network. According to a Medium blog post, the initiative will begin by supporting subnets dedicated to blockchain gaming, DeFi, NFTs, and institutional use-cases. One of the projects will focus on making...
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Bitcoin Will Benefit from New Monetary World Order, Predicts Credit Suisse 

Credit Suisse – a Switzerland-based global investment bank – released a report yesterday predicting radical change to the global monetary system. Given western inflation dynamics and eastern geopolitical tensions, the firm expects a “new monetary world order” based on commodity-backed currencies to emerge – in which Bitcoin will likely benefit. Breton Woods III The analysis...
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Bitcoin Mining Company Blockmetrix Closed a $43 Million Funding Round

Dallas-based cryptocurrency mining organization – Blockmetrix – disclosed it had raised $43 million in a Series B investment round. Thus, the company’s total venture funding reached $50 million. Blockmetrix Stepping up According to the announcement, the fresh financing included investors from the United States, Australia, and several nations in Asia. Blockmetrix vowed to employ the...
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Metablaze to Recreate the Success of Top Crypto Metaverse Projects, Token Presale Opens

[PRESS RELEASE – Tortola, British Virgin Islands, 7th March 2022] The Metaverse is a new buzzword that refers to an alternate world powered by augmented reality, representing the real world where people can: socialize, work, play games, buy/sell real estate, and earn money through various means. The Metaverse and Blockchain-Gaming are a perfect marriage that...
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Outer Ring MMO’s IDO Raises 1.6M USDT in 24 Hours

[PRESS RELEASE – Please Read Disclaimer] Outer Ring MMO has completed its fourth investment round raising 1.6M USDT in a record-breaking Initial Dex Offering. Their token, GQ, took off after TGE in PancakeSwap, having +15M$ in volume the first 24 hours. This sci-fi Play-to-Earn video game has been developed since 2018 and is planning to...
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Solana-based DEX CleanDefi Raised $1.2M in a Pre-IDO Event of its Token CDFI

[PRESS RELEASE – Please Read Disclaimer] CleanDefi is an innovative dесеntrаlizеd AMM, Incubator, Yield Farming & NFT Launch ѕоlutiоn governed by соmmunitу and powered by Sоlаnа. CDFI team рlаnѕ to build a user friendly platform for milliоnѕ with a revenue structure which is transparent, fair and profitable. During Pre-IDO, CleanDefi managed to raise $1.2M with...
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Indian Finance Minister Expects CBDC to Roll Out This Year

Indian Finance Minister Nirmala Sitharaman said that she expects the central bank to roll out its digital currency this year. About the legalization of bitcoin and other digital currencies, she noted that the government is not inclined to take a position just yet. It has set in motion a consultation process, and when it ends,...
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Helping dapp developers reach users on any device with Coinbase Wallet

Expand your dapp’s reach with just a few lines of code Byline: Sid Coelho-Prabhu, Product Management Director, Wallet Millions of people choose Coinbase Wallet to use dapps, earn yield with DeFi, trade more than hundreds of thousands of assets, and hold their NFTs. In just minutes you can integrate Coinbase Wallet in your dapp, expanding...
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Bain Capital Ventures Rolls Out a $560 Million Fund for Crypto Investments

Bain Capital Ventures, a Boston, Massachusetts-based startup-investment giant, has announced the launch of a new $560 million fund. The main goal will be to invest directly in cryptocurrency-related companies. Bloomberg’s coverage outlined that the company has already employed $100 million out of the entire amount into “a dozen efforts,” which have not been disclosed yet....
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Santander Launches Loans Backed by Tokenized Wheat and Corn

As announced on Monday, the Spanish banking multinational Santander Argentina partnered with Agrotoken to provide a token-backed lending service. Agrotoken is an Argentina-based agricultural commodities tokenization platform. It is also the first global infrastructure for the tokenization of agro commodities. The partnership will allow farmers to take out loans backed by Agrotoken’s commodity tokens. Some...
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Ripple’s XRP Price Approaching a Decisive Phase, $1 Appears Imminent One These Levels are Sealed

While the rounds of the Ripple’s stands getting strengthened each day, XRP price may also be positively impacted. After a couple of retracements and corrections, the price is slightly in a recovery mode but still cements within the consolidation. And hence the outcome still remains pretty misty as the asset flashes both the possibility of...
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The Bitcoin Drake Lost After UFC Fighter Masvidal Got Defeated

The popular Canadian rapper Aubrey Drake Graham, better known as Drake, made a $275,000 bitcoin bet on a UFC fight. Unfortunately for him, Jorge Masvidal (his pick for a winner) lost the match. Betting on The Underdog Last weekend’s fight between Jorge Masvidal and Colby Covington was the main event of UFC 272. The match...
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Thailand to Offer Crypto Payments to Russian Tourists as an Emergency Measure (Report)

The Phuket Tourist Association (PTA) and the Bank of Thailand (BOT) are reportedly contemplating introducing cryptocurrency payment methods to Russian travelers in Thailand. The move would serve as an escape hatch since Russia’s citizens were slammed with severe restrictions from numerous countries, companies, and businesses following Putin’s invasion of Ukraine. Thailand Seeking to Help Russians...
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How Will Joe Biden’s Executive Order on Crypto Regulations Change Due to the Russia-Ukraine War?

After a brief delay caused by the war between Russia and Ukraine, US President Joe Biden is expected to sign the executive order about cryptocurrency regulations this week. In it, sources said Biden would cooperate with other allies to ensure they were all on the same page. The Delay of the Executive Order CryptoPotato reported...
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Earn $50K Rewards by Joining Refer-A-Friend Reward Program by Delta Exchange

Cryptocurrency derivatives are excellent financial instruments to invest in for a variety of reasons, whether the underlying cryptocurrency is bullish or bearish. Crypto options, in particular, serve as an excellent hedge, balancing the volatile nature of cryptocurrencies while also providing opportunities for those looking to profit from the volatility. Advertisement The growing demand for crypto...
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Perspectives from Women Working in Crypto at BitMEX

In Five Ways the World of Crypto will Change, our number one prediction was that more women than ever will embrace crypto in 2022. This International Women’s Day, we wanted to go a little deeper, and ask three women at BitMEX what they think is next on the horizon. Women, who are already breaking the...
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BitMEX Mobile Lite: Now in Testing

A quick update that our new mobile app is in beta testing with 200 BitMEX users from today.  Through much of March, these users will be providing valuable feedback to our product team, to help them finesse and finish the final version of BitMEX’s new mobile app before it makes its public debut in early...
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