April 2, 2023

Crypto Philanthropy is Expected to Hit $10B by 2032: Report

The expansion of crypto payments in the non-profit sector has opened avenues for donors. Non-profit organizations of different shapes, sizes, and missions have seen continued success as a result of this emerging philanthropy landscape. The expansion of the donation option has already generated results. According to the latest data compiled by prominent crypto charity platform,...
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Over 40% of Singaporeans Own Crypto: Survey

43% of the 1,500 Singaporean respondents in a recent Independent Reserve survey said they own some amount of cryptocurrencies. In comparison, last year’s research estimated the figure to be around 40%, while the adoption levels were 43% in 2021 (during the bull run). 77% of the HODLers said they have two or more digital assets,...
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Justin Sun’s Ambassadorial Role at the World Trade Organisation Ends

Tron Founder Justin Sun’s tenure as Grenada’s Ambassador to the World Trade Organization (WTO, came to an end on March 31.  The end of Sun’s diplomatic status comes shortly after the SEC accused the Tron boss of fraud and market manipulation. Justin Sun, in a tweet thread, announced the end of his term as Grenada’s...
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RenQ Finance (RENQ) Raises Across Presale Stage 3 In a Hurry, Investors Pile Up More Than $4.3 Million Already

RenQ Finance is a decentralized finance (DeFi) platform that is designed to provide liquidity solutions for the crypto market. The platform is built on advanced AI technology and offers a range of features, including staking, lending, and borrowing. Recently, RenQ Finance launched its presale stage 3, which has proven to be a huge success. The...
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Real-World Asset Tokenization Could Surge to $16T Industry by 2030: Research

Research by the Boston Consulting Group (BCG) suggests that the tokenization of global illiquid assets could become a $16 trillion industry by 2030. Real-world assets include equities, bonds, investment funds, and other financial instruments. They can also include commodities such as gold and silver and real estate. Furthermore, analysts are predicting that this will become...
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Circle’s USDC Outflows Surpassed $10B Since SVB Collapse, Tether Dominance Rises

Weeks after the failure of a series of US banks as well as the Credit Suisse chaos, the crypto market has considerably recovered but the same cannot be said for a prominent stablecoin that has served as a backbone for DeFi trades – USDC. The confidence in Circle-backed stablecoin remains severely battered as investors continue...
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Reckless – Chapter 20: Staking Derivatives

Chapter 20 of the book Reckless: The Story Of Cryptocurrency Interest Rates is published below. The full book is available on Amazon. The book was written before the bankruptcy of FTX and therefore does not include coverage of this event. However, the book does provide useful commentary in the run up to the failure of FTX, which...
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Promising Cryptocurrencies to Invest in: Filecoin (FIL), Singularity Net (AGIX), and TMS Network (TMSN)

Looking for the best cryptocurrencies to invest in 2023? We’ve got you covered. This post is dedicated to the top 3 cryptocurrencies you should consider investing in Filecoin (FIL), Singularity Net (AGIX) and TMS Network (TMSN). Filecoin (FIL) and Singularity Net (AGIX) are well-known cryptocurrencies that have been around for a while, TMS Network (TMSN),...
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India’s 1% TDS on Crypto Transfers Yields $19 Million in 9 Months

Indian tax authorities collected Rs 158 crore (approx. $19 million) in TDS on the transfer of virtual digital assets (VDA) till March 20, Minister of State for Finance Pankaj Chaudhary told the Parliament on Tuesday.  Given that the financial year ended on March 31, it can be taken as the final figure for the entire...
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