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Ripple Gains Major Payments Institution License from Singapore's Monetary Authority
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Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple, a leading enterprise in blockchain and crypto solutions, has secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). This follows the in-principle approval granted to Ripple in June 2023. The license will enable Ripple to continue offering regulated digital payment token services in Singapore, a key market for the company.

Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations
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Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations

In a legal first for Singapore, the High Court has granted permission to UK-based financial investigation firm Intelligent Sanctuary (iSanctuary) to use nonfungible tokens (NFTs) in tracking and freezing assets related to a hack. The NFTs, created in partnership with Mintable, will serve as a warning to counterparties and exchanges and enable real-time tracking of transactions from the compromised wallets.

Ethereum PoW Fork Token Price Drops Over 60% A Day after Mainnet Launch
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Ethereum PoW Fork Token Price Drops Over 60% A Day after Mainnet Launch

ETHPoW was trading as high as $60.68 on Thursday morning after the merge, but on Friday the new token experienced a huge plunge.

Ethereum’s Perpetual Swaps Open Interest Hit a Two-Month High
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Ethereum’s Perpetual Swaps Open Interest Hit a Two-Month High

The latest surge in the crypto market has made Ethereum’s perpetual swaps open interest to hit a record-high.

Binance to Cease Support for Leveraged Tokens by April 2024
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Binance to Cease Support for Leveraged Tokens by April 2024

Binance announces the cessation of support for leveraged tokens by April 2024, urging users to adjust their holdings and trading strategies in light of the upcoming changes.

Arbitrum Foundation Proposes Control of $1 Billion in ARB Tokens
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Arbitrum Foundation Proposes Control of $1 Billion in ARB Tokens

The proposed "special grants" program on the Arbitrum blockchain, which would allocate 750 million ARB tokens worth nearly $1 billion to the centralized Arbitrum Foundation without input from token holders, has caused community concerns.

US SEC Commissioner Proposes 3 Year Securities Law Exemption for Crypto Projects
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US SEC Commissioner Proposes 3 Year Securities Law Exemption for Crypto Projects

United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has doubled down on her recent suggestion to provide decentralized network developers a safe harbor and has now submitted a formal proposal.

Bringing Bitcoin to Ethereum: Wrapped Bitcoin Surpasses $1 Billion in Total Value Locked
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Bringing Bitcoin to Ethereum: Wrapped Bitcoin Surpasses $1 Billion in Total Value Locked

Decentralized finance (DeFi) keeps booming as one of its Bitcoin tokenization protocols recently skyrocketed by 900% in a span of two months.

Arbitrum's Governance Token Return Proposal Rejected
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Arbitrum's Governance Token Return Proposal Rejected

A proposal to return 700 million ARB governance tokens to Arbitrum's DAO Treasury was rejected by 84% of the total votes received. The proposal was introduced after the Arbitrum Foundation transferred funds without community approval in March.

$2 Million Worth of Cryptocurrency Lost in Dexible Hack
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$2 Million Worth of Cryptocurrency Lost in Dexible Hack

One of Dexible's founders lost $50,000 in bitcoin.

Emirates Airline to Roll Out Bitcoin Payment and Enter the Metaverse
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Emirates Airline to Roll Out Bitcoin Payment and Enter the Metaverse

To optimize customer satisfaction rates, Emirates Airline has revealed plans to adopt advanced digital solutions, such as cryptocurrency, metaverse, and blockchain.

KuCoin Becomes the First Centralized Exchange to Start Offering NFT ETFs
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KuCoin Becomes the First Centralized Exchange to Start Offering NFT ETFs

KuCoin said the launch of its ‘NFT ETF Trading Zone’ aims to improve the liquidity of NFT assets and lower the investment threshold of major NFTs to its over 20 million users.

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