Central Bank of Argentina Scrutinizes Companies Offering ‘Extraordinary Returns’ on Crypto Asset Investments
The Central Bank of Argentina has announced it is making inquiries regarding cryptocurrency investment companies. Specifically, the bank stated they are investigating companies that are offering extraordinary returns with cryptocurrency investments, which are not reasonable. These companies could be operating as Ponzi schemes, according to the bank, and it is currently examining the possibility of taking legal action against them....
Terra Protocol Surpasses Binance Smart Chain in Terms of Value Locked in Defi
The total value locked (TVL) in decentralized finance (defi) has rebounded in fiat value after suffering some losses last week. Statistics indicate that the $248 billion TVL in defi has increased 3.46% during the last 24 hours and the blockchain Terra has overtaken the Binance Smart Chain in terms of TVL in defi. Terra Protocol’s Defi Value Swells, LUNA Taps an All-Time High The Terra protocol has been making waves as the blockchain’s...
Why Everyone Should Be Paying Attention to GensoKishi Online Metaworld
Most crypto-oriented gaming projects usually run on the likes of Ethereum (ETH), Solana (SOL), EOS (EOS) and Tron (TRX). Despite Ethereum’s (ETH) dominance however, a growing number of game developers are now launching on Polygon (MATIC). GensoKishi Online Metaworld is a part of this list, and it’s simple to understand as to why that is. Polygon is a very active network which is quickly developing to scale Ethereum and also be a...
Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’
Over the last few weeks, furious debates over Covid-19 and vaccine mandates have divided people into two classes. On December 21, one individual from Argentina explained in a forum that “banks in Argentina are not letting unvaccinated people inside.” The person said that whether people are for or against vaccines, the mandate was “nuts” and the “decision to go all-in on bitcoin” was the best decision he’s made in his life. Vaccine...
100 Companies Fail to Obtain Crypto Licenses in Singapore Due to Tough Regulation
More than 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications. “Cryptocurrencies could be abused for money laundering, terrorism financing, or proliferation financing due to the speed and cross-border nature of the transactions,” said the country’s central bank, the Monetary Authority of Singapore (MAS). Tough Crypto Regulation in Singapore Since...
