Singapore regulators have no plans to allow the use of cryptocurrencies for gambling due to money laundering risks. In a speech to Parliament on September 10, Minister for Home Affairs and Social and Family Development Ms Sun Xue Ling clarified Singapore’s regulatory stance on the use of cryptocurrencies in casino gambling. The minister’s remarks were made during the closing speech of the Casino Control (Amendment) Bill at its second reading. Introduced on 4 July 2024, the Bill aims to create a future-proof framework for regulating casino gambling activities in Singapore, empowering the gambling regulator to define chips as any betting…
Author: Crypto Flexs
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Felix Pinkston September 6, 2024 09:24 VanEck’s ‘Trends with Benefits’ podcast, hosted by Ed Lopez, delves into innovative market insights, investment strategies, life philosophy and more. Global investment manager VanEck has launched a podcast called “Trends with Benefits,” hosted by Ed Lopez, the firm’s director of product management. According to VanEck, the podcast aims to provide listeners with a forward-looking perspective on markets, investing, work, and life. Innovative Market Insights The ‘Trends with Benefits’ podcast seeks to explore new ways of thinking about various aspects of the financial world. By inviting a variety of…
Company • September 10, 2024 11:36 PM EDT Posted 1 minute earlier ~ in Updated: September 11, 2024 1:47 AM EDT Indonesian cryptocurrency exchange Indodax appears to have experienced an exploit that resulted in losses of around $15.7 million.Peckshield Wrote Today X announced that it detected a massive cryptocurrency outflow of approximately $15.7 million from Indodax. Cyvers Alerts also Flag is specified The system reportedly identified several suspicious transactions involving Indodax’s wallets across multiple networks. “The suspicious addresses already have $14.4 million in storage and are exchanging tokens for Ether,” Cyvers said.According to PeckShield, there were approximately 5,204 ETH parked…
A prominent crypto strategist and trader says Solana (SOL) and three other altcoins are the best long-term holding options. Altcoin Sherpa, an anonymous analyst, told his 223,400 followers on social media platform X that SOL is likely to continue its bullish trend as long as it holds support at $110. In addition to SOL, the analyst revealed other options for “long-term buys,” including RLB, the native token of the crypto gambling platform Rollbit, Saga (SAGA), a layer-1 protocol, and Bittensor (TAO), a decentralized blockchain platform focused on machine learning and AI. “Long term buy: RLB (lots of bargaining and ‘real…
Peter Zhang September 6, 2024 09:59 GeForce NOW is adding 19 new games to its cloud gaming library in September 2024, including titles like Age of Mythology: Retold and the Call of Duty: Black Ops 6 open beta. According to the NVIDIA blog, NVIDIA’s cloud gaming service, GeForce NOW, will expand its library with 19 new titles throughout September 2024. This extensive lineup includes highly anticipated titles such as Age of Mythology: Retold and the Call of Duty: Black Ops 6 open beta. Recommended Titles for September The cloud gaming platform kicks off the…
What do you need to know about digital asset inheritance? In the realm of digital asset inheritance, traditional estate planning approaches fail to address the new challenges of complexity and risk.The biggest risks are:(1) Failure to properly create or maintain an up-to-date inventory of digital assets may result in inaccessible (lost) assets.(2) Trusting credentials to access your digital assets to a weak third party. Choosing the wrong person can result in losing your assets, transferring them to an unauthorized third party, or attempting to access your assets before you are authorized to do so.Today’s digital asset inheritance solutions must provide…
reporter Posted: September 11, 2024 One Solana whale has accumulated over 170,000 SOL in the last 24 hours. At the time of writing, SOL was trading at around $134. Solana (SOL) was one of the best performing assets in the last trading session and has continued its momentum as of the time of writing this article. This trend was primarily driven by the price movements of SOL and the significant whale accumulation observed over the last 24 hours. Solana, the top trending asset According to data from Santiment, Solana was one of the most popular assets on September 9, ranking…
After Tuesday night’s presidential debate, cryptocurrency-based prediction platform Polymarket has increased the odds that Kamala Harris will win the upcoming November election. Harris and former President Donald Trump are currently tied in Polymarket’s $860 million market.Tuesday night marked the first and final presidential debate between Harris and Trump before the election, with several recurring topics discussed, including the Gaza war and abortion rights. No mention of cryptocurrencyPolymarket’s bookmakers have Harris at 94% chance of winning tonight’s debate, according to their poll, but the results of the poll haven’t been released yet.Harris’s odds of winning the election have risen from 46%…
A Bitcoin miner has achieved the rare feat of processing a block all by himself, generating a profit of around $180,000.According to Bitcoin block explorer Mempool.space, block 860749, mined on September 10, contained 5,935 transactions and was rewarded with 3.169 bitcoins (BTC), worth approximately $182,505.It is rare, but not impossible, for a solo miner to solve a block due to hashrate requirements. Source: Mempool.space Contrary to its name, Solo CK is a mining pool that combines the hashrate of several small miners, but only distributes rewards to those who solve blocks.According to data from Bitcoin transaction tracking site YCharts, the…
Darius Baru September 6, 2024 10:31 Learn about the future of Ethereum (ETH) and explore the potential of tokenization in treasury products, private equity, NFTs, and more. Ethereum (ETH) continues to be the cornerstone of the blockchain ecosystem, and its future is increasingly intertwined with a variety of use cases. In a recent article from CoinShares, the second part of the series explores the concept of tokenization, looking at how various assets can be represented on the Ethereum blockchain.What is Tokenization?Tokenization broadly refers to the idea of representing real-world or already digital assets on…