Author: CryptoHoppers

Coinbase has prioritized collaboration with regulators in key countries as part of its international expansion efforts. The exchange has actively developed and introduced products tailored specifically for Singaporean users. Coinbase Singapore has achieved a significant milestone by obtaining a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). In its recent international expansion strategy, Coinbase emphasized the importance of clear regulations, innovation, and user trust. Singapore, with a growing interest in cryptocurrencies, has become a crucial market for Coinbase. 25% of surveyed Singaporeans are considering cryptocurrencies as the future of finance. Also, 32% reported having owned or…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The impact blockchain technology is having on the entertainment, creative, and sports industries is profound. Web3 is revolutionizing how fans experience entertainment content and how they engage with their beloved sports athletes and teams. The web3 industry is disrupting sports, entertainment, and culture. This is particularly the case in Asia. Hong Kong, for instance, has already taken bold steps to embrace the potential of the next internet. Hong Kong announced its eagerness to invest in web3 and…

The founder of the darknet marketplace Silk Road which dealt exclusively with Bitcoin, Ross Ulbricht, recently announced that he had spent 10 years in prison. Despite his fraudulent actions, Ulbricht is a popular figure in the crypto community as he is believed to have contributed to the accelerated adoption of the flagship cryptocurrency, Bitcoin.  Silk Road And Bitcoin Adoption Silk Road was an online black platform that was used to facilitate illegal activities, including drug trade and money laundering. Interestingly, Bitcoin was the only currency used to facilitate these transactions, as Ulbricht is said to have been a huge proponent of…

Open Exchange’s (OPNX) native currency crashed on the heels of co-founder Su Zhu’s arrest. OX token value craters When Zhu was apprehended in Singpaore, it triggered a massive wave of sell pressure, resulting in a steep decline in the value of OX tokens. According to Alphanomics, approximately $1 million worth of OX tokens were hastily dumped by token holders in the days following the news. As a result, OX tokens dropped to as low as $0.010. While a minor recovery has occurred since the initial crash, the token’s value remains down by over 83% from its all-time high. OX is…

In terms of scale, the $200 million Mixin Network cloud service provider database hack stood out. Security vulnerabilities and phishing incidents were the most utilized attack vectors. While the extended bear market continues to test the patience of crypto enthusiasts, it has not been able to safeguard the blockchain industry from the predatory intentions of hackers. No respite from security breaches According to blockchain security firm SlowMist, multiple incidents of exploits were discovered in the last week, for the period ranging from 23 to 29 September. A total of 18 hacks resulted in the loss of cryptos worth more than $208…

Coinbase is the latest crypto company to secure full regulatory approval in Singapore. The U.S. exchange’s Singaporean arm announced it had received a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS), becoming a fully authorized player in Singapore. The platform had secured a temporary licensing exemption from the Singaporean central bank in March 2020. Two years later, in October 2022, Coinbase received an “In Principle” license to operate in the city-state.  Moreover, the Republic of Singapore, often viewed as a crypto haven, is no stranger to the allure of digital currencies, with a staggering 25%…

Analysts have unveiled their forecasts for October as the Bitcoin (BTC) price has pushed past the $28,000 mark. The cryptocurrency is currently experiencing an upward trajectory in October, firing up hopes for a productive month. Analysts Predict A Bullish Run For Bitcoin Price In October The month of October also referred to as Uptober in the crypto community has always been a bullish month for Bitcoin with a lot of gains. The cryptocurrency has always finished October with gains, doing so 8 of out 10 times since 2013. According to crypto analyst Miles Deutscher, October has been one of the…

Crypto Live NewsAuthor: Mustafa MullaMustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. Sep 13, 2023 14:36 Celo, a blockchain platform, has joined forces with Opera, a popular mobile browser, to release its new stablecoin wallet called MiniPay. This partnership aims to make Web3 products more accessible and easy to use for mobile internet users in Africa, especially in Nigeria, where the wallet will be launched first. The MiniPay wallet will be integrated with Opera Mini browser and provides a simple and secure…

It’s hard to imagine a world in which crypto enjoys mass adoption. While it’s exciting to envision a world where BTC and ETH have emerged as the de facto everyday currency for billions of people, the reality is that such a future remains little more than a pipe dream. Widespread acceptance doesn’t even look as if it’s remotely possible at present, but if we zoom out and focus on the reasons why that is, it becomes possible to see a path that can guide the crypto world forward. As always, one of the key factors that must be resolved to…

RUNE saw significant price growth at press time. Data revealed that 50% of all ETH to BTC swaps on ThorSwap involved stolen funds. ThorChain [RUNE] experienced significant price growth recently, but alarming data suggested that it might be attracting illicit activities. Is your portfolio green? Check out the RUNE Profit Calculator The plot thickens According to X (formerly Twitter) analyst Tayvano, ThorChain became an appealing DEX for attackers and hackers. Tayvano claimed that over the past four months, more than 50% of all Ethereum [ETH] – Bitcoin [BTC] transfers via ThorSwap Router had originated from stolen funds. Welp, the hackers…