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Tag Archives: News

Oasys Teams Up with SBI Holdings to Drive Blockchain Gaming in Japan

Oasys partners with SBI Holdings to speed up the growth and liquidity of its ecosystem. The collaboration has the goal of assuring the success of blockchain games that will launch in late 2024 Oasys, a blockchain platform known for its dual Layer 1 and Ethereum-based Layer 2 networks, has announced a strategic partnership with Japan’s financial powerhouse SBI Holdings, Inc. This collaboration revealed in Oasys’ August 29 press release, is set to accelerate the growth of the Oasys ecosystem...

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$313 Million in Crypto Lost to Hacks in August

August marked a worrying time for the industry as cybercriminals ransacked hundreds of millions of dollars. With the number of hacks and scams rising tremendously this year, August marked another bad month in terms of the amounts lost to cybercriminals. August witnessed about $313 million scammed from crypto holders and platforms. Blockchain security firm PeckShield shone a light on this, stating, “August 2024 witnessed 10+ hacks in the crypto space, resulting in ~$313.86 million in losses....

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Henley Crypto Adoption Index 2024: Singapore Leads Global Crypto Adoption, UAE and Hong Kong Follow

A new report from investment immigration consulting firm Henley & Partners reveals that Singapore is the global leader in cryptocurrency adoption. The report, part of the Henley Crypto Adoption Index 2024, highlights Singapore’s top position due to its supportive regulatory environment and widespread public use of cryptocurrencies. The survey also revealed that out of 60 points, Singapore was leading with 45.7 points in the index. Singapore has been ranked highly because of its advanced...

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Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates

Arthur Hayes, co-founder of the crypto exchange Bitmex, has shared his positive outlook on Bitcoin’s future, especially in light of recent interest rate cuts by major central banks. Hayes has stated that all these actions could help a lot for the subordinate benefit of Bitcoin. Recently Hayes opined on the persisting trend of rate cuts with the U.S Federal Reserve, Bank of England, and the European Central Bank. He noted that all these central banks are opting for a reduction in interest...

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