Opinion

This Singapore Banking Giant May Offer Crypto Services Soon

Amid Singapore’s ongoing effort to establish itself as a key player in the global crypto economy by laying out a clear regulatory framework, one of the country’s leading banking institutions, Oversea-Chinese Banking Corp. (OCBC) is considering the incorporation of crypto services by setting up a crypto exchange. The Chief Executive Officer at OCBC, Helen Wong told Bloomberg in an exclusive interview that the bank is researching the subject of starting a crypto exchange. However, she noted that OCBC’s intent to explore the decentralized industry is not driven by its popularity,

Aquaris AMA Session With BeInCrypto

Hi Everyone! Welcome to another BeInCrypto AMA Session.Sponsored Sponsored Today we have Andrei (@Andrei_AQUARIS) and Alex (@AlexAQUARIS). They are respectively co-founder and COO of Aquaris.  For the uninitiated, Aquaris is a platform that aims to modernize and optimize the fish product industry using blockchain technology.Sponsored Sponsored BeInCrypto (BIC): Here is how things will work. I’ll have 10 questions for them. After that, they will pick up 5 out of all the questions you asked before the session. Good luck to you all!(This AMA session has been edited for clarity.) BIC:

Xbox Boss Phil Spencer Addresses Rise of NFT Gaming; Feels Some of It Is “Exploitive”

Phil Spencer, executive vice president of gaming at Microsoft and the individual responsible for the Xbox program, has addressed the NFT gaming phenomenon trending recently. To Spencer, some of the platforms that leverage the use of NFTs feel more exploitive than entertaining. Some of the biggest developers and publishers in the gaming industry have already signaled their interest in introducing NFT elements to their games. Phil Spencer Not Immediately Supportive of NFTs Phil Spencer, responsible for the Xbox program at Microsoft and one of the most recognized executives in the

Xbox Boss Phil Spencer Addresses Rise of NFT Gaming; Feels Some of It Is “Exploitive”

Phil Spencer, executive vice president of gaming at Microsoft and the individual responsible for the Xbox program, has addressed the NFT gaming phenomenon trending recently. To Spencer, some of the platforms that leverage the use of NFTs feel more exploitive than entertaining. Some of the biggest developers and publishers in the gaming industry have already signaled their interest in introducing NFT elements to their games. Phil Spencer Not Immediately Supportive of NFTs Phil Spencer, responsible for the Xbox program at Microsoft and one of the most recognized executives in the

This Country is promoting Crypto businesses, but here is the Catch

The government of Laos issued exclusive crypto regulation guidelines this Tuesday, encouraging cryptocurrency mining operations and trading platforms in the nation, but assuring that the government also benefits from the industry. While attempting to pull off a rather commercial move as something charitable, Laos’ Minister of Technology and Communications, Dr. Boviengkham Vongdara backed the new guidelines, noting that the regulations are aimed at protecting legitimate rights and interests of both operators and users. Native and Financially proficient Crypto businesses allowed to operate According to the updated crypto policy, crypto mining

Commonwealth Bank CEO Warns About The Biggest Risk of Crypto, Its Not What You Think

Matt Comyn, the CEO of Commonwealth Bank of Australia in a recent interview with Bloomberg revealed what he believes is the biggest risk with crypto today. Comyn said, given the rise of digital assets as the alternative investment sector, the biggest risk of crypto is “missing out.” He explained, even though the crypto market is relatively volatile, banks must work towards incorporating the tech to fulfil consumer demand. Failing to do so will leave banks out of the market completely. Comyn said, “We see risks in participating, but we see

Can Crypto Destabilize Nations? Hillary Clinton believes so

The ex-Democratic presidential candidate against Trump, Hillary Clinton, recently picked a rather conservative stance about crypto, levying the industry as a threat to global economic stability. She spoke remotely at the Bloomberg New Economy Forum on Friday in Singapore, highlighting exclusive challenges that global governments are currently dealing with, including disinformation and artificial intelligence. Furthermore, Clinton put special emphasis on cryptocurrencies under these categories, claiming that they hold the potential to destabilize entire nations. According to Clinton, the decentralized market may take over entire economies, by starting small but gradually

Crypto Investor News for 11/17

Staples Center to be Renamed Crypto.com Arena (BBC): The tipping point has arrived. Investor takeaway: Expect everyone you know to suddenly become interested in crypto investing. We’ve gone mainstream. How India is Regulating Crypto (Economic Times): India will ban crypto for payments, ban crypto advertising, and allow crypto as investments. Investor takeaway: Overall positive news for us, as it gives a government stamp of approval on crypto investing. Thank you to India for taking the lead on thoughtful regulation. ConsenSys is Now Worth $3.2 Billion (ConsenSys): Celebrating its latest funding

Zaigar Finance: DeFi Platform Launches Game Based on Binary Options

On November 10, Zaigar Finance, a decentralized finance service led by the well-known rewards marketing platform Zaigar, added another feature to its portfolio, Zaigar Options.Sponsored Sponsored Digital asset enthusiasts and DeFi universe enthusiasts can now use their ZAIF tokens to play this simple, fun, and profitable game where you choose whether the value of a coin will go up or down with each spin. In this first moment, platform users can, every hour, make their guess based on the trading value of DOGE – cryptocurrency famous for the unusual tweets

Everything Users Need to Know About Blockademia Token Sale

The new Croatian cryptocurrency startup Blockademia recently revealed their decentralized information system for issuing and checking the authenticity of issued documents such as diplomas, certificates, and others. Sponsored Sponsored Blockademia works on the Cardano blockchain, which ensures the permanence and immutability of the issued entry containing document metadata and subsequent authenticity checks.  To raise funds for further development, this cryptocurrency startup plans to issue 85 million ACI tokens, out of a total of 250 million. The initial distribution of ACI tokens is carried out through its own web system in

Pawnfi.com to Launch Liquidity Protocol for Non-Standard Assets

Pawnfi.com has announced the closure of a $3M strategic funding round. The investment round was led by Digital Currency Group (DCG) and also included Animoca Brands, Dapper Labs, Polygon, DeFi Alliance, Hashkey Capital, Everest Venture Group, SNZ, and 6Block. Sponsored Sponsored The first DeFi product of its kind, Pawnfi.com is brand-new in the lending and leasing market. It appraises, liquidates, and provides use cases for non-standard assets (NSAs). Supported NSAs include non-fungible tokens (NFTs), liquidity provider tokens (LP tokens), tokenized rights, minor cryptocurrencies, and bundled assets. With the development of the

Meet the dETH Token, a HODLable Leveraged ETH

The world of finance is being turned on its head thanks to the new wave of innovative Decentralized Finance (DeFi) applications being created. Sponsored Sponsored The transparency and decentralization offered by DeFi protocols are unparalleled, making it impossible for traditional financial services to match. The oldest and most time-tested financial products are now being replicated on the blockchain. Not only that, but we are also witnessing the birth of new and never-before-seen financial services such as cryptocurrency synthetic assets, decentralized exchanges (DEXs), and decentralized insurance, just to name a few.Sponsored