Paxos has launched its Global Dollar (USDG), a new stablecoin approved by Singapore's Monetary Authority, which is backed 1:1 by the US dollar and managed by DBS Bank. This initiative aims to enhance compliance and security in the stablecoin market while expanding USDG's global reach through partnerships with various crypto platforms.
AnaisIs Singapore's DBS An Ethereum Whale, and why should it matter?
WilfredCoinbase experienced a system-wide outage, leaving many users unable to access funds, sparking security fears despite official assurances of safety.
AlexDBS' performance will be reviewed by MAS at the end of a six-month period to determine if more needs to be done.
ClementFor those customers who were able to access PayLah! and qualify for the DBS 5 Million Hawker Meals cashback, the bank assured that rebates would be issued by Friday.
DavinThe bank currently holds three licenses for crypto, but has thus far refrained from rushing into the space
BrianDBS Betterworld was created in The Sandbox, and explores themes of sustainability and food waste.
Clement
Coinlive Gemini went down today for less than an hour after announcing its lending partner was pausing withdrawals.
2022 has been a challenging one for the cryptocurrency market, which together saw a loss in value of over $1 trillion.
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