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Singapore MAS proposes to ban cryptocurrency credits

The Monetary Authority of Singapore (MAS) is introducing proposals to better regulate the cryptocurrency industry in the aftermath of the bankruptcy of the Singaporean crypto hedge fund Three Arrows Capital (3AC). The central bank of Singapore has issued two consultation papers on proposals for regulating the operations of digital payment token service providers (DPTSP)​​ and stablecoin issuers under the Payment Services Act. Published on Oct. 26, both consultation papers aim to reduce risks to consumers from crypto trading and improve standards of stablecoin-related transactions. The first document includes proposals for digital payment token (DPT) services or services related to major cryptocurrencies like Bitcoin (BTC), Ether (ETH) or XRP (XRP). According to the authority, “any form of ...

Crypto exchange BlockFi secures $250M credit from FTX amid bear market

BlockFi, a cryptocurrency exchange and digital wallet service provider, has secured a $250 million credit from leading crypto platform FTX. Today @BlockFi signed a term sheet with @FTX_Official to secure a $250M revolving credit facility providing us with access to capital that further bolsters our balance sheet and platform strength. — Zac Prince (@BlockFiZac) June 21, 2022 BlockFi has signed a term sheet with FTX crypto exchange to secure a $250 million revolving credit facility. A revolving credit facility is a type of credit that enables you to withdraw money, use it to fund your business, repay it and then withdraw it again when you need it. Zac Prince, the CEO of BlockFi, confirmed the news in a Twitter thread, claiming the new flow of capital would bolster the firm’s balance sheet a...

Decentralized credit scores: How can blockchain tech change ratings

The concept of lending and borrowing is as old as time itself. Regarding finances, while some individuals have more than enough for themselves, others barely have enough to get by. As long as there is this imbalance in finance distribution, there will always be a need to borrow and a desire to lend. Lending involves giving out a resource on credit with the condition of it being returned upon an agreed period of time. In this case, such resources would be money or any financial asset. The lender could be an individual, a financial institution, a firm or even a country. Whichever the case may be, the lender, oftentimes, needs a sort of assurance that their resources would be returned to them upon the agreed time. Certain criteria qualify a borrower to take a loan. Among these are the borrowe...

Court orders Governor Obaseki to open defence in ‘certificate forgery’ case

The All Progressives Congress, APC, on Monday, closed the forgery case it instituted against Governor Godwin Obaseki of Edo State, after it called a total of six witnesses and tendered 17 Exhibits. Lead counsel to the APC, Chief Akin Olujimi, SAN, announced decision of the party to rest its case, shortly after the court discharged the sixth witness, PW-6, Dr. Mikano Asekome, who is an Associate Professor in Banking and Finance Department at Benson Idahosa University, Benin city, Edo state. The PW-6 told the court that he was on December 23, 2020, summoned to appear as witness in the matter. The witness went ahead and tendered in evidence, the original copy of his certificate in Agricultural-Economics, which the University of Ibadan awarded to him on July 31, 1978. Under cross-examination, ...

The Players Behind Ariana Grande’s ‘Positions’: See the Full Credits

Artists:Main Artist – Ariana Grande Songwriters:Composer Lyricist – Angelina BarrettComposer Lyricist – Ariana GrandeComposer Lyricist – Brian Vincent BatesComposer Lyricist – James JarvisComposer Lyricist – London HolmesComposer Lyricist – Nija CharlesComposer Lyricist – Steven FranksComposer Lyricist – Tommy Brown Vocal Arranger – Ariana Grande Producers:Producer – London On Da TrackProducer – Mr. FranksProducer – Tommy Brown Production Team:Vocal Producer – Ariana Grande Engineers:Engineer – Ariana GrandeEngineer – Billy Hickey Mastering Engineer – Randy Merrill Mixer – Serban Ghenea Performers: Background Vocalist – Ariana Grande Guitar – James Jarvis Other Contr...

The Players Behind Gabby Barrett’s ‘I Hope’ (feat. Charlie Puth): See the Full Credits

ArtistsMain Artist – Gabby BarrettFeatured Artist – Charlie Puth Songwriters:Writer – Charlie PuthWriter – Gabby BarrettWriter – Jon NiteWriter – Zach Kale Producers:Producer – Ross CoppermanProducer – Zach Kale Production Team:Assistant Production – Scott Johnson Programmer – Zach Kale Engineers:Assistant Mixer – Jeremie InhaberAssistant Mixer – Robin Florent Digital Editor – Daniel RossDigital Editor – Ross CoppermanDigital Editor – Trey KellerDigital Editor – Zach Kale Masterer – Michelle Mancini Mixer – Manny Marroquin Mixing Engineer – Chris Galland Recorded By – Ross CoppermanR...

The Players Behind DaBaby & Roddy Ricch’s ‘Rockstar’: See the Full Credits

DaBaby’s “Rockstar” feat. Roddy Ricch officially finished out the season at No. 1 on Billboard’s 2020 Songs of the Summer chart, having led the tally for 13 out of 15 tracking weeks. The annual chart tracks the most popular songs based on their cumulative performance on the weekly streaming-, airplay- and sales-based Billboard Hot 100 chart between Memorial Day and Labor Day. In addition, “Rockstar” was the most streamed song of the summer, having racked up 514.6 million streams, according to Nielsen Music/MRC Data. It topped the Hot 100 for a total of seven weeks. Explore the team of musicians, producers, engineers and more behind the track with recording credits provided by Jaxsta below. ArtistsMain Artist – DaBabyFeatured Artist – Roddy Ricch Songwriters:Composer Lyricist &#...

The Players Behind Harry Styles’ ‘Watermelon Sugar’: See the Full Credits

Harry Styles’ “Watermelon Sugar” took the top seed on the Billboard Hot 100 songs chart this week to become his first No. 1 on the ranking, blasting from No. 7 the week prior. The track also charged up the Digital Song Sales chart 9-1, increasing 614% to 63,000 downloads sold in the week ending Aug. 6, according to Nielsen Music/MRC Data. And it rose 3-2 on Radio Songs, up 8% to 71.7 million audience impressions in the week ending Aug. 9. Explore the team of musicians, producers, engineers and more behind the track with recording credits provided by Jaxsta below. {“nid”:”9432725″,”type”:”post”,”title”:”How Harry Styles' \u2018Watermelon Sugar\u2019 Became His First No. 1 Single on the Hot 100″,&#...