Day: December 6, 2023

Megadeth Dives into the NFT and Metaverse Arena with Exclusive Collection

Thrash-metal enthusiasts and NFT collectors are in for a treat as the legendary American thrash-metal band, Megadeth, steps into the digital realm with its unique nonfungible token (NFT) collection. This innovative move, announced on December 5, not only cements the band’s position in the music world but also bridges their art with the burgeoning world […]

BRC-20 Style Tokens Spreading Beyond Bitcoin: A Paradigm Shift in Blockchain Technology

The world of cryptocurrency is witnessing a significant shift with BRC-20 tokens, initially designed as a workaround for Bitcoin’s lack of native token support, now being adopted on other blockchains that already have built-in token capabilities. This trend marks an intriguing evolution in the blockchain ecosystem, challenging the conventional approaches to token creation and usage. […]

Binance to Compensate Traders for Unusual AEUR Stablecoin Price Rally

Binance has announced a compensation plan for traders who mistakenly bought into an unusual price rally of the AEUR stablecoin. AEUR, designed to mirror the euro’s value, is a newly launched stablecoin issued by Swiss-based Anchored Coins. The incident occurred shortly after AEUR was listed on the spot market. The AEUR-USDT trading pair experienced a […]

Singapore’s MAS Unveils Guidelines for Payment Providers

The Monetary Authority of Singapore (MAS) has released the final installment of guidelines aimed at steering conduct and consumer protection obligations for cryptocurrency businesses. This marks a significant step in establishing a regulatory framework for the burgeoning crypto industry within the country. In October 2022, MAS initiated the process by presenting a consultation paper proposing […]