Responding to a parliamentary question on August 1, which concerned licenses awarded to digital payment token (DPT) service providers in Singapore, Tharman Shanmugaratnam, Senior Minister and Minister in charge of the Monetary Authority of Singapore (MAS) explained that: Crypto risks warrant warnings In addition, Shanmugaratnam stressed that his organization remained cautious where cryptocurrencies are concerned, reflected in its advice against any involvement in trading such assets: Commenting on the hazards resulting from the recent crypto market collapse and the threat of their spread to Singapore, Shanmugaratnam explained that the nation was safe in this sense....

At the moment, Solana is valued at $9.39, a drop of almost 7% in the last 24 hours, while on the weekly chart, the token has plunged by almost 20%. The latest drop follows a sustained trend of decline that saw the asset lose the $10 support position. Furthermore, Solana has been recording sustained selling pressure, with the market capitalization dropping by almost $890 million in a week to stand at $4....

With technological advances and more interest from the public, by 2030, space tourism is expected to become a $4 billion industry, while the entire space economy is projected to be worth $900 billion by 2030, according to a dossier published by Statista. These numbers indicate that the projected growth for the space tourism market could develop at a compound annual growth rate (CAGR) of 37.1% from 2022 to 2030. This high growth is pushed by high-net-worth individuals and a few companies taking the lion’s share of investments, like SpaceX, which had an influx of capital at a tune of $6....

According to the post, a purchase of 3 million SHIB tokens worth $125 million was traced back to a Squid Game wallet. The funds were first sent through several wallets, probably in an attempt to conceal its source. There were also several transactions that added up to the total sum of $125 million. The SHIBArmy in the tweet expressed concerns that there may be a manipulator of the token market price with the arrival of the suspected Squid Game scammers....

Recovery has been observed in some sectors, however economic revival is still a long way away as many businesses still remain shuttered under lockdown. US markets rally on bank stock US markets rallied towards the end of the week as another three million Americans filed for unemployment benefits. The S&P 500 climbed 1.15% while the Dow Jones Industrial Average finished 1.62% higher. The Nasdaq dropped just under a percent. Thursday started to look bearish but a late rally lifted most stock markets to finish higher on the day....

In the third quarter of 2022, hackers were successful in stealing about $483 million in total, although there was a 43% decrease in the number of blockchain hacks in the most recent quarter compared to Q2, according to the findings of an analysis conducted by Atlas VPN shared with Finbold on October 25. The total money lost to blockchain hackers over the three quarters was a total of $2,570,117,825, with the amount of money that was lost determined by using the conversion rate of a specific cryptocurrency at the time when the hack or fraud occurred....

Indeed, based on captured data on all executed trades on Capital.com between 1 April 2022 and 30 June 2022, 38% of traders on the platform carried out short-position trades in Q2 2022, which was 34% higher compared to the previous quarter, according to the latest ‘Pulse’ report by the trading and investing platform shared with Finbold on July 27. Moreover, the study found that during the period in question, short-selling was marginally more profitable (32....

The rally by tech stocks over the period can be attributed to the momentum generated by a strong earnings season. Overall, semiconductors manufacturers are leading the gains amid the rising demand for artificial intelligence chips (AI). Chipmakers lead rally Nvidia (NASDAQ: NVDA) leads the way with gains of 37.04% after the company surpassed analysts’ expectations for another quarter. At the same time, the company continues to add new high-profile companies to its customer portfolio....

Data acquired and calculated by Finbold indicates that among leading EV manufacturers, Tesla delivered 310,048 vehicles for all models during Q1 2022. With the deliveries, Tesla accounted for 57% of the 539,863 all-electric vehicles delivered by ten leading car makers. Volkswagen ranked second with 99,100 deliveries, followed by BMW at 35,289 units. China’s Xpeng ranked fourth with 34,561units, while Li Auto closed the top five category at 31,716 units. Elsewhere, heavy-duty trucks electric manufacturer Nikola delivered 11 units during the period....

The warning from Nigel Green comes as the yields of government securities – in which pension funds heavily invest – have fallen dramatically since the coronavirus crisis, according to the information shared with Finbold.com. Mr. Green says: “Institutional investors, such as pension funds, have always traditionally invested in government bonds, as they’re widely regarded as a safe-haven. “However, the world has changed considerably in six months. “Around the world, government bond yields are plunging as a direct result of the record-breaking asset purchase schemes introduced by central banks to help ease a severe worldwide economic slump due to the pandemic....

When you rename or move a member or a group and that member resides in a different domain than the group itself, you may notice that the group may not appear to be up to date by containing the latest information regarding that user. The role of the Infrastructure Master is to update the group with the new name and/or location of the member. The Infrastructure Master will update other domain controllers through normal multi-master replication....

Today, due to the ongoing Coronavirus (COVID-19) outbreak, the situation is even worse. According to Global News, “The U.S. unemployment rate hit 14.7 percent in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record”. The fact is, during the economic downturn, very few job sectors remain intact. However, a few jobs and career fields are impacted a lot less....

Amid all these uncertainties, it would probably make sense to invest in stocks with strong balance sheets and preferably own a lot of assets. Investments that could tick most if not all of these boxes are Real Estate Investment Trusts (REITs) The great thing about investing in REITs is that the business model is straightforward. Usually, these businesses have the ability to generate good dividend yields and grow over time....

Speaking to cryptocurrency journalist Laura Shin, the mayor said that the environmental degradation narrative had taken center stage with more external mining activities. He notes that countries accounting for most mining use dirty energy, and the U.S. holds the key to flipping the narrative. According to the mayor, the U.S. led by Miami can be a mining hub due to the availability of enough resources. He added that more mining in the U....

Indeed, DISH Network Corporation, an American television provider and owner of the direct-broadcast satellite provider Dish, plans to launch a decentralized identification and loyalty coin system built on Input Output Global (IOG) technology, Cardano’s developer team said on June 7. According to the statement, DISH has taken the first step towards the launch that introduces blockchain capabilities in its infrastructure “through Atala PRISM’s identity services and Cardano’s native asset features....

Indeed, the bill, developed by Senate Agriculture Committee Chairwoman and Michigan Democrat Debbie Stabenow and Arkansas Republican Senator John Boozman, would give the Commodity Futures Trading Commission (CFTC) regulatory control over spot markets for the newly defined ‘digital commodities,’ as per a report by The Wall Street Journal on August 3. Notably, the CTFC currently only has oversight over derivatives like swaps and futures but not underlying commodities. Benefits of CTFC controlling crypto Adding crypto to an agency’s scope would grant it more funding, influence, and job positions for former government officials....

Apparently, with this new effort, the UK Post Office is not anticipated to collect commissions from the voucher sales, according to a recent report by The Telegraph. It would, however, get a payment for the ID verification software that is in place for these BTC sales. Customers using The Post Office’s EasyID app will be able to purchase cryptocurrencies such as Bitcoin starting next week with the smartphone app used to make purchases on Swarm Markets....

The company noted that the project being implemented through its subsidiary KD Tokens Limited (KD tokens) has tokenised the economic interests in the 191-unit Building 4 that forms part of the Upper Riverside Development, in a press release shared with Finbold on June 21. Moreover, the statement indicated that KD Tokens has already minted tokens (KDB4 ), with holders expected to share 80% of the project’s gross profit. Based on the project’s legal documents, the tokens will act as securities for the holders....

Indeed, the UC is planning to launch two new programs that will teach students about cryptocurrencies such as Bitcoin (BTC) and new financial technologies, Cincinnati local news outlet WLWT reported on June 22. According to the report, the programs are funded by longtime supporters Dan Kautz and Woodrow (Woody) Uible and will be offered through the UC’s Carl H. Lindner College of Business. The donation also covers the establishment of a public-private lab space within the new Digital Future building, set to open in fall 2022....

Data analyzed by Finbold indicates that the top five countries globally with the highest public debt added $9.17 trillion between March 2020 and March 2021. The United States tops with the debt growing by $4.57 trillion from $23.45 trillion to $28.0.2 trillion. Elsewhere, Japan’s public debt has grown from $11.42 trillion to $14.64 trillion. Cumulatively, the two countries have added $7.79 trillion in debt. Interestingly, the analysis shows that China’s national debt dropped by $0....