I have been writing a few articles on the BasedApp Visa debit card, and one of the more surprising findings is that BasedApp was persistently able to obtain the best foreign exchange rate when swapping USD stablecoins into Singapore dollars. Better than Coinbase. Better than Crypto.com. To bring across how crazy good the rate is, the BasedApp FX rate is even better … [Read more...] about Why BasedApp Has The Best USDC-To-SGD Rate (Better Than Google Rate)
The U.S. Securities and Exchange Commission (SEC) is not going to appeal the court ruling that found that the SEC was wrong in rejecting an application from Grayscale Investments to create a spot bitcoin ETF. This paves the way for Bitcoin-related ETFs that could be nothing like you imagined. Apparently, the SEC had reached out to existing ETF issuers even prior to this … [Read more...] about Does A 15% Yield Bitcoin ETF Interest You?
In June 2022, the SEC denied Grayscale's application to convert GBTC into a Bitcoin ETF. Grayscale argued that the SEC's denial of its application was arbitrary and capricious, and that the SEC had failed to provide a clear explanation for why it had denied the application. Grayscale also argued that the SEC had treated GBTC differently than other Bitcoin-related … [Read more...] about First US Bitcoin ETF Soon? Grayscale Gets Court Win Over SEC
Base mainnet is an Ethereum Layer 2 (L2) blockchain that offers a low-cost and developer-friendly way to build on-chain applications. It is built on the Optimism OP Stack, in collaboration with Optimism. Coinbase is incubating Base inside of the company and the company plans to progressively decentralize the chain over time. More importantly, Coinbase is related to Base in a … [Read more...] about Base Mainnet Launch – Ethereum L2 Incubated By Coinbase (Time Sensitive)
Following BlackRock's iShares Bitcoin Trust announcement, there have been quite a few interesting developments in the Traditional Finance X Crypto space. One thing is clear, firms would only enter the space with the expectation that there is money to be made. And so, here's a tiny collection of crypto-related headlines that made the news in mainstream media … [Read more...] about Traditional Finance Will Embrace Crypto If There Is Money To Be Made