Category Archive : Singapore

3 “Best” Exchanges to Buy Yield Guild Games (YGG)

Yuild Guild Games is a new type of play to earn gaming guild that takes advantage of blockchain technology. It essentially operates as a decentralized autonomous organization (DAO) for investing in NFTs that are used in virtual worlds that incorporate cryptocurrency type economies. The goal of the project is create the biggest virtual world economy, by optimizing its community owned assets for maximum utility with profits distributed to token holders.

We list the top 3 brokers that offer the ability to Buy Yield Guild Games (YGG) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).

Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Yield Guild Games (YGG) here is that you benefit from the lower exchange fees than competing exchanges, and the increased liquidity enables you to buy and sell quickly to take advantage of market moving news.

This exchange is best for Australia, Canada, Singapore, UK & international users. USA residents are prohibited from purchasing YGG.

Read our Binance Review or visit Binance.

Use Discount Code: EE59L0QP for 10% cashback off all trading fees.

Gate.io was established in 2013, while it is not one of the most popular exchanges, they do offer a reputable trading platform with an easy to use interface for beginners while still maintaining robust and advanced charts for various types of skill levels including technical traders. They have a large number of altcoins including Yield Guild Games (YGG) and they are often the first exchange to add new tokens. Best of all, they have a strong stance against any type of market manipulation.

This exchange currently accepts USA residents.

Read our Gate.io Review or visit Gate.io

KuCoin is a well-known name in the industry, and one of the most competitive in the sector when it comes to fees and trading costs. The exchange has grown exponentially from the early days of offering only crypto to crypto trading and they now offer a…

Read more at www.securities.io

Technicorum Holdings Announces Appointment of Chris Cho as Business Development Director

Chris will develop and generate opportunities, nurture, and build rapport with the group’s clients and partners

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SINGAPORE, Oct. 19, 2021 (GLOBE NEWSWIRE) — ( via Blockchain Wire ) –– Technicorum Holdings, an IT and service group specializing in Digital Assets and a successful incubator of the innovative DeFi and NFT project:  KingSwap  today announced the appointment of Chris Cho as Business Development Director. Reporting to the CEO Daniel Daboczy, Chris will develop and generate opportunities, nurture, and build rapport with the group’s clients and partners, besides supporting them to provide Technicorum services on marketing, technology, advisory and legal for the Korean market.

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Chris’s career spans over 20 years working with IT, blockchain and electronic multinationals as business development and Sales personnel with IT integrated products and services. He has over four years of experience in blockchain businesses like Crypto Exchanges, Mining, ICO/IDO and has collaborated with major global crypto exchanges. Chris recently worked with a Chinese crypto mining company having a wide global business network where he completed and closed several blockchain projects. 

“I am excited to be a part of Technicorum, and I look forward to continuing providing the best solutions to Technicorum’s current and future customers,” Chris said, over his appointment.

Earlier, Chris held the position of Business Development Director in Flint Tech, worked with Microsoft Azure and SQL as senior Integrated solution Sales Manager and as Integrated Product manager with Samsung.

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Chris first learned about the immense scope of…

Read more at financialpost.com

Technicorum Holdings Announces Appointment of Chris Cho as

SINGAPORE, Oct. 19, 2021 (GLOBE NEWSWIRE) — (via Blockchain Wire) –– Technicorum Holdings, an IT and service group specializing in Digital Assets and a successful incubator of the innovative DeFi and NFT project: KingSwap today announced the appointment of Chris Cho as Business Development Director. Reporting to the CEO Daniel Daboczy, Chris will develop and generate opportunities, nurture, and build rapport with the group’s clients and partners, besides supporting them to provide Technicorum services on marketing, technology, advisory and legal for the Korean market.

Chris’s career spans over 20 years working with IT, blockchain and electronic multinationals as business development and Sales personnel with IT integrated products and services. He has over four years of experience in blockchain businesses like Crypto Exchanges, Mining, ICO/IDO and has collaborated with major global crypto exchanges. Chris recently worked with a Chinese crypto mining company having a wide global business network where he completed and closed several blockchain projects. 

“I am excited to be a part of Technicorum, and I look forward to continuing providing the best solutions to Technicorum’s current and future customers,” Chris said, over his appointment.

Earlier, Chris held the position of Business Development Director in Flint Tech, worked with Microsoft Azure and SQL as senior Integrated solution Sales Manager and as Integrated Product manager with Samsung.

Chris first learned about the immense scope of blockchain technology five years back from an IoT-related blockchain project for the first time and since then believes the technology will bring out enhanced technological advancement and immensely contribute to the digitalized new world. 

“I hope to support more projects related to fintech, entertainment, and healthcare that can maximize Technicorum’s blockchain technology and business capabilities to the global market. I believe Technicorum can…

Read more at www.globenewswire.com

Who Funds Bitcoin Core Developers? Here Are The Facts

Even superheroes like the Bitcoin Core Developers have to eat. One of the most mind-blowing facts about Bitcoin is that a group of volunteers maintain and keep developing the code. Private companies, NGOs, and wealthy Bitcoiners support them via grants and donations. This is all done over the counter, with as much transparency as possible. Here’s a Bitcoin Grants Tracker, for example. Nevertheless, suspicion and conspiracy theories abound. As they should. Don’t trust, verify.

Related Reading | This AI Powered Multi-Chain Network Is Building an Internet of Blockchains

Luckily for us, a Lightning Labs evangelist that goes by the name Lucas de C. Ferreira took it upon himself to curate and divulge a list of the main contributors and their sponsors. Over the years, the code has had more than 800 contributors. However, only seven people serve the role of “maintainers” nowadays. According to the official website, those are:

“Project maintainers have commit access and are responsible for merging patches from contributors. They perform a janitorial role merging patches that the team agrees should be merged. They also act as a final check to ensure that patches are safe and in line with the project goals. The maintainers’ role is by agreement of project contributors.”

Before we get into them, let’s talk about the code.

What Is Bitcoin Core Exactly?

Even though the name might suggest otherwise, Bitcoin Core is only one of the possible implementations of a Bitcoin client software. It’s not mandatory to use it, but, it’s the most popular option at the moment. On the official website, they define it as:

“Bitcoin Core is an open source project which maintains and releases Bitcoin client software called “Bitcoin Core”.

It is a direct descendant of the original Bitcoin software client released by Satoshi Nakamoto after he published the famous Bitcoin whitepaper.

Bitcoin Core consists of both “full-node” software for…

Read more at bitcoinist.com

Atlas Taps Compute North to Expand ESG-Focused Bitcoin Mining

Atlas has contracted more than 400 megawatts of infrastructure capacity with local partners in different regions and plans to add 1 gigawatt of capacity in the next 18 months, according to the statement. To date, the miner has purchased more than 200,000 mining rigs and aims to continue to acquire more over the next few years, the miner added.

Read more at www.coindesk.com

Chinese Find Ways Around Crypto Ban; ANZ Settles Debanking Case

Transcript

Welcome to The Daily Forkast October 19 2021. I’m Justin Solomon of Forkast.News covering all things blockchain, filling in for Editor-in-Chief Angie Lau.

Just last month, China stepped up its crackdown on cryptocurrency, banning all transactions, including those made on crypto exchanges based outside the country. But that hasn’t stopped people from trying. We’ll take a look at how Chinese crypto users are finding ways to carry on as usual and a lot more coming up.

Let’s get you up to speed from Asia to the world.

First up, where there’s a will, there’s always a way.

In the case of China’s cryptocurrency transaction ban, that has seen people attempting to register overseas companies in order to bypass know-your-customer checks.

Forkast.News Timmy Shen takes a look.

Despite China cracking down on crypto activities with all its might, some users have been getting creative.

Beijing Business Today reports that moves by more and more crypto exchanges to stop registering new customers and phase out existing users have resulted in investors making efforts to register companies overseas, which could allow them to trade crypto as corporations.

And that has seen business opportunities emerge for intermediaries, with many vendors on China’s major e-commerce marketplace Taobao, which is owned by Alibaba, offering such services.

A customer representative at one vendor told Forkast.News that it has had clients successfully make crypto investments via an overseas company registration.

The vendor says customers can register companies in the British Virgin Islands, Marshall Islands and the UK, with fees ranging from 1,800 to 7,800 yuan. That’s around US$280 to US$1,200.

For the UK and BVI, the process takes just five to seven days, while it takes eight to 10 days for registrations in the Marshall Islands.

For Forkast.News, I’m Timmy Shen, Taipei, Taiwan.

Meanwhile, the crypto mining outflow from China to the United States continues. Crypto mining giant BitMining has…

Read more at forkast.news

Bitxmi crypto exchange launches NFT marketplace after its 7X BXMI token surge

NEW DELHI, INDIA, October 19, 2021 /EINPresswire.com/ — Singapore based cryptocurrency exchange Bitxmi has launched an NFT marketplace by the name BxmiNFT for the exchange of digital assets like art, gold and diamonds. The launch comes after the price surge in BXMI which is Bitxmi own utility token.

Indian crypto exchange Bitxmi plans to attract current users and institutional investors with its real asset based NFTs and utility token BXMI. The exchange also offers OTC desk services for the exchange of cryptocurrencies securely. BXMI token is also introduced in Coinpayments which allow merchants to accept BXMI tokens through payment gateway. Soon BXMI token will be available in POS machines and will be accepted offline by merchants across the world.

The launch comes hot on the heels when Bitxmi’s in-house exchange token, BXMI, gained almost 7000% in value. The exchange itself was subject to the same trajectory during the past one year, as visitors to its website increased drastically, according to public information available through marketing and browser tools.

Bitxmi founder Sanjay Jain celebrated the launch which he claimed was the first of its kind in India. In an interview, he said “We are delighted to launch one of India’s first NFT marketplace. Since our inception, we have been at the forefront of innovative experience and empowered our customers with value-added offerings.”

Creating and listing NFTs will reportedly be free on the platform, and work is apparently underway to negate the gas fees that occurs while minting NFTs. Now people will be able to access real world precious assets like gold and diamonds via cryptocurrencies.

“As of now, we are working around certain fallbacks to make NFTs more lucrative for our users,” said Jain.

NFTs are first seen in 2017 as non-serious collectible tokens which was named CryptoKitties. Their fanfare and utility remained silent in the following years…

Read more at www.einnews.com

Bitcoin on cusp of all-time high ahead of futures ETF listing

An advertisement for Bitcoin and cryptocurrencies is seen in Hong Kong, China September 27, 2021. REUTERS/Tyrone Siu

  • At $62,991, near its peak of $64,895
  • ProShares futures-based ETF expected to list Tuesday

LONDON/SINGAPORE, Oct 19 (Reuters) – Bitcoin hit a six-month high and was within striking distance of its all-time peak on Tuesday as traders bet an anticipated listing of a futures-based U.S. exchange-traded fund could herald investment flows into cryptocurrencies.

Bitcoin , the world’s biggest cryptocurrency, rose as much as 1.5% during the Asia session to $62,991, its highest since mid-April and near its record of $64,895. It last traded flat.

Known throughout its 13-year life for its volatility, bitcoin has risen by some 40% this month on hopes the advent of bitcoin exchange-traded funds (ETFs) – of which several are in the works – will see billions of dollars managed by pension funds and other large investors flow into the sector.

ETFs are securities that track an asset and can be bought or sold on a stock exchange.

ProShares’ Bitcoin Strategy ETF is expected to list on Tuesday under the ticker BITO, provided the U.S. regulator, the Securities and Exchange Commission, does not object.

Analysts said the ETF would also likely simplify access to cryptocurrencies for retail investors.

“It can attract flows from investors who prefer the ease of an ETF over the perceived risk of an exchange,” said Martha Reyes, head of research at crypto exchange Bequant.

Still, other analysts have cautioned the fund will not invest directly in bitcoin – rather in Chicago-traded futures – and so therefore any immediate implications for flows may be limited.

But speculators have been wagering its launch is a positive signal for spot prices anyway.

Bitcoin futures rose 1.2%, last trading at $62,380.

“This could lead to more constant buying pressure on CME, causing the open interest to rise. This will attract more cash and carry opportunities, leading to buying pressure in the spot market,”…

Read more at www.reuters.com

Bexplus launches 100% welcome bonus and 100X leverage on crypto trading

With Bitcoin reaching the top of $57,000 once again, the crypto market attracted everyone’s attention as well.

Bexplus exchange launched a welcome event. As long as you are a new user and deposit now, you can get a 100% bonus for every deposit.

For instance, if you deposit 1 BTC, you can get a bonus of 1 BTC.

What is the benefit of the bonus?

  1. Traders can use the bonus as a margin to open larger positions in order to obtain greater profits. 
  2. In addition, being part of the margin, the bonus can reduce your risk of being liquidated.

Note: the bonus cannot be withdrawn, but the profit generated by it can be withdrawn.

What is Bexplus?

Bexplus, established in 2017, is a leading crypto derivatives platform accredited by MSB (Money Services Business). It is headquartered in Hong Kong with branches in Singapore, Japan, the United States, and Brazil, etc.

Bexplus has won the trust of over 800,000 users from 200+ countries/regions. Currently, Bexplus is providing permanent contracts of BTC, ETH, ADA, XRP and DOGE with trading leverage up to 100 times.

What are Bexplus’ advantages?

  1. No KYC – only an email is needed to sign up without any other personal information;
  2. 100x leverage – you can long/short and make a profit regardless of the market is ups/downs;
  3. BTC wallet – a Bitcoin wallet with an annualized interest rate of up to 21%, specially designed for long-term hodlers and bullish Bitcoin investors;
  4. A simulation account for novices and verification strategists – with unlimited existing deposits, you can familiarize yourself with the platform and verification strategies without risk, improve trading skills, and formulate trading strategies.
  5. Bexplus APP – trade anytime, anywhere for Android / iOS users;
  6. Withdraw or deposit at any time – without any time limit, and no deposit fee;
  7. 7/24 hours one-to-one service – solve your problems at any time.

Click here to register to get your 100% deposit bonus.

Disclaimer: This is a paid post and should not…

Read more at ambcrypto.com

Bitcoin nears record high ahead of futures ETF listing

SINGAPORE (Reuters) – Bitcoin hit a six-month high and was within striking distance of a record on Tuesday as traders bet an anticipated listing of a futures-based U.S. exchange traded fund could herald investment flows into bitcoin and cryptocurrency assets.

FILE PHOTO: A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 18, 2021. REUTERS/Edgar Su

Bitcoin, the world’s biggest cryptocurrency by market value, rose as far as 1.5% during the Asia session to $62,991, its strongest level since the record peak of $64,895 in April.

It is up some 40% in October on hopes that the advent of bitcoin exchange traded funds (ETF), of which several are in the works, will allow billions of dollars managed by pension funds and other institutional investors to flow into the sector.

ProShares’ Bitcoin Strategy ETF is expected to list on Tuesday under the ticker BITO, provided the U.S. regulator, the Securities and Exchange Commission, does not object.

Analysts cautioned that the fund will not invest directly in bitcoin – rather in Chicago-traded futures – and so may not have any immediate implications for flows. But speculators have been wagering its launch is a positive signal for spot prices anyway.

Bitcoin futures rose on Tuesday, last trading at $62,690, and spot prices could rise if cash keeps flowing in, said cryptocurrency analysts at Arcane Research.

“This could lead to more constant buying pressure on CME, causing the open interest to rise. This will attract more cash and carry opportunities, leading to buying pressure in the spot market,” they said in a note.

Crypto ETFs have launched this year in Canada and Europe amid surging interest in digital assets. VanEck and Valkyrie are among fund managers pursuing U.S.-listed ETF products, although Invesco on Monday dropped its plans for a futures-based ETF.

The Nasdaq on Friday approved the listing of the Valkyrie Bitcoin Strategy ETF and Grayscale, the world’s largest…

Read more at www.reuters.com

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