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A fintech hub turned early crypto adopter, Singapore raised billions through ICOs. Cue parties on yachts and at luxury villas. But after the collapse of homegrown crypto darlings Terraform Labs and Three Arrows Capital, the No. 2 spot in CoinDesk’s Crypto Hubs 2023 is searching for the right regulatory balance to encourage crypto without getting burned again.

By Roman Tkhorik, Nikhilesh De, Invited Guest

Nov 10, 2022 at 2:25 p.m. UTC

Updated Jul 10, 2023 at 2:10 p.m. UTC

Consumer Inflation Speeds Up in April: Why Crypto Cares

[1] The blockchain that supports the world’s second-largest cryptocurrency by market capitalization. The network is called Ethereum and the actual currency is called ether. The Ethereum network directly incorporates smart contracts and provides the basis for many other digital currencies and projects, including decentralized apps (dapps), non-fungible tokens (NFT) and decentralized finance (DeFi).

[2] embeddable chart - Ethereum 1W

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Visit Consensus 2023 page

This article was originally published on Nov 10, 2022 at 2:25 p.m. UTC

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CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

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