Author: AltCoinDrops.com

Ripple Labs has secured an expanded license from Singapore’s central bank, adding to its already strong regulatory foothold in the country. Summary Ripple received approval from the Monetary Authority of Singapore to expand the scope of its Major Payment Institution license. According to Ripple execs, the expanded license will allow it to better support institutions. According to a Dec. 1 announcement, Ripple Markets APAC, which serves as the blockchain payment firm’s Singapore subsidiary, has been greenlighted by the Monetary Authority of Singapore to expand the scope of payment services it can offer under its Major Payment Institution license. “Ripple has…

HashKey has emerged as Hong Kong’s largest licensed crypto exchange, but its IPO filing reveals a company paying heavily for that position.According to filings published Monday with Hong Kong’s exchange, HashKey processed HK$638.4 billion (about $82 billion) in trading volume in 2024, around double the previous year as its Hong Kong platform scaled up with both institutional and retail users.The company’s fee take still hovered under 0.1 percent, reflecting a pricing strategy that prioritized market share over revenue. While HashKey commands around 75% of the Hong Kong market, its race-to-the-bottom fee approach contributed to a net loss of more than…

TLDR: DAC8 requires EU crypto exchanges to report all transactions to tax authorities starting in 2026. User data includes full name, address, TIN, and date/place of birth for individuals. Reportable crypto transactions cover fiat trades, swaps, transfers, and intermediary-facilitated payments. Both domestic and cross-border activity will be automatically shared across EU member states. The European Union has finalized DAC8, a new rule requiring crypto exchanges and wallets to report user activity. The regulation targets both domestic and cross-border transactions, aiming to curb tax evasion.  Reportable activities include trading, transfers, and payments using crypto-assets. DAC8 will come into effect in 2026,…

TLDR: Ethereum price is coiling tightly, with RSI breakout signaling possible near-term movement. RSI movements often lead Ethereum price, pointing to a potential $3,400 test. FUSAKA upgrade scheduled for Dec 3, 2025, may influence market trends. Historical Pectra upgrade showed 55% gain in 35 days and 168% in 109 days. Ethereum is showing early technical signals ahead of the FUSAKA upgrade.  The cryptocurrency is trading in a tight range, indicating low volatility. The Relative Strength Index (RSI) has already broken out. Price action is currently lagging behind momentum indicators. The RSI breakout suggests potential movement in the near term. Analysts…

TLDR: Arthur Hayes warned Monad could crash 99% citing high FDV and limited differentiation factors Keone Hon countered with 170-validator architecture rejecting centralized sequencer models MonadBFT consensus eliminates tail forking vulnerabilities that plague pipelined systems Token sale used bottom-fill method to prevent whale concentration during allocation phase Monad CEO Keone Hon issued a direct response to BitMEX co-founder Arthur Hayes following days of critical commentary about the network.  Hayes warned that Monad could experience a 99 percent price decline. The BitMEX founder criticized the project’s high fully diluted valuation and low-float token structure. Hon’s response came during the network’s sixth…

SCORCH is developing a community-driven deflationary platform designed to manage the challenge of cryptocurrency oversupply and balance the economic theoretical scales of token supply and demand. SCORCH is the platform’s native decentralized cryptocurrency, set to launch on Shibarium Layer-2, and is designed to provide a structured approach to token supply reduction. Tokens such as SHIB have demonstrated diluted value from oversupply, and SCORCH draws direct inspiration from SHIB’s contentions to dent its trillions in token supply. The origins of the SCORCH platform tie directly to improving burn mechanics and deliberate participation-centered systems, opposed to automated token burns. Leveraging the speed…

TLDR: UNDP plans blockchain training and advisory programs to drive responsible global adoption. The Blockchain Advisory Group will connect policymakers, innovators, and technical experts. InfStones joined the dialogue to support secure, scalable blockchain infrastructure. The initiative promotes blockchain as a tool for transparency and sustainable growth. The United Nations Development Programme (UNDP) is preparing to roll out global blockchain training and advisory programs. The move follows its High-Level Strategic Dialogue on Blockchain for Development during the 80th United Nations General Assembly in New York.  Moreover, the session brought together public institutions, innovators, and blockchain firms to design a shared roadmap…

Mastering Crypto Asset Comparison: How to Evaluate Yearly Growth Across Different Cryptocurrencies Cryptocurrency investment is buzzing with activity. As the digital landscape expands, so does the desire to understand and capitalize on these digital assets. Whether you’re a novice or an expert in the crypto arena, mastering crypto asset comparison, particularly evaluating yearly growth across different cryptocurrencies, is crucial for making informed investment decisions. This blog offers a detailed look into how to navigate these comparisons effectively, ensuring you stay ahead in the fast-paced crypto industry. Introduction to Crypto Asset Comparison Investing in cryptocurrencies is not just about buying Bitcoin…

Maximize Your Retirement Savings: How to Use a Crypto Allocation Calculator for Effective Planning As retirement approaches, the thought of how to maintain a comfortable lifestyle without a steady income can be daunting. Innovation in financial planning tools, particularly those involving cryptocurrencies, offers unique strategies for supplementing traditional retirement savings. Among these innovations, a crypto allocation calculator can be indispensable for those aiming to diversify their retirement portfolios with cryptocurrencies, ensuring a balanced approach to maximizing retirement savings. In this blog post, we’ll delve into how you can use a crypto allocation calculator effectively for retirement planning, catered to meet…

Understanding APR: How to Calculate It on Lending Platforms When you’re browsing through different lending platforms, one of the most critical numbers you’ll encounter is the Annual Percentage Rate or APR. Understanding APR and knowing how to calculate it on lending platforms can greatly influence your financial decisions, potentially saving you a significant amount of money in the long run. What is APR? APR stands for Annual Percentage Rate. It reflects the total cost of borrowing on an annual basis, inclusive of interest and fees. Unlike the base interest rate, APR provides a more comprehensive view of the cost associated…