Good day, ApolloXplorer!Have you caught today’s key headlines yet? Stay up to date with the latest!<h2 id="header-0">#1. Ledger launches NFT-focused hardware wallet</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/1e40db6069fe4dcaa1c3b0b9203f0e81.png" />Image credit: CointelegraphLedger is launching the brand new Ledger Nano S Plus specializing in NFTs.The Nano S Plus will make use of “clear signing” technology through Ledger Live to provide a safer user experience for Web3 customers.Clear signing technology aims to provide all the details of a transaction, removing the risk of &#34;blind signing,&#34; or consenting to a potentially risky transaction.Source: <a href="https://cointelegraph.com/news/ledger-launches-nft-focused-hardware-wallet-nano-s-plus" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-1">#2. Extended crypto regulations in Singapore</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/c3d44b7778a54b56b1bb698abe034a63.png" />Image credit: Nikkei AsiaSingapore passed the Financial Services and Markets Bill 2022 on Tuesday, which extends its crypto regulations to companies based in Singapore who provide digital token services outside the city-state.Crypto players operating in Singapore and serving the local market are already regulated by the city-state&#39;s central bank. They are required by law to adhere to licensing requirements as well as guard against money laundering and terrorist financing.The new law adds to this, requiring all crypto players, whether they serve the local or foreign markets, to come under the same licensing requirements.Source: <a href="https://asia.nikkei.com/Spotlight/Cryptocurrencies/Singapore-s-crypto-players-face-added-scrutiny-under-new-law" rel="noopener noreferrer nofollow">Nikkei Asia</a><h2 id="header-2">#3. Webtoon platform Kakao buys stake in Japanese crypto exchange</h2>Kakao Piccoma, a Japanese digital comics&#39; subscription service, has purchased a 50% controlling stake in the Japanese crypto exchange Sakura Exchange Bitcoin (SEBC).Kakao Piccoma is a subsidiary of the Korean internet giant Kakao.SEBC is one of only 30 crypto-asset exchanges registered in Japan. The deal is expected to help Kakao offer crypto services on its Piccoma platform and expand aggressively into Web3Source: <a href="https://cointelegraph.com/news/webtoon-platform-kakao-piccoma-buys-50-of-japan-s-sakura-exchange" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-3">#4. US sanctions world&#39;s largest darknet market linked to Russian cybercrime</h2>The US Treasury has announced sanctions on the Hydra darknet market and an associated crypto exchange called Garantex.German authorities earlier seized Hydra&#39;s servers on Tuesday.According to the Treasury, &#34;Analysis of known Garantex transactions shows that over $100 million in transactions are associated with illicit actors and darknet markets, including nearly $6 million from Russian RaaS gang Conti and also including approximately $2.6 million from Hydra.&#34;Source: <a href="https://www.theblockcrypto.com/linked/140739/us-sanctions-worlds-largest-darknet-market-and-linked-russian-crypto-exchange" rel="noopener noreferrer nofollow">The Block</a><h2 id="header-4">#5. Coinbase’s NFT Strategy Questioned</h2>Crypto exchange Coinbase plan to launch an NFT marketplace is drawing some skepticism from analyst firm Mizuho.Mizuho analyst Dan Dolev cited an analysis of internet searches showing hype around NFTs has slowed. Dolev estimates that Coinbase may spend up to $300 million this year on its NFT business while overall company profitability slows and operating expenses increase.“In a year in which profitability may be challenged, we question the strategic rationale of chasing NFTs, especially as interest in NFTs appears to be dwindling,” Dolev wrote.Source: <a href="https://www.coindesk.com/business/2022/04/05/coinbases-nft-strategy-questioned-by-mizuho-analyst/" rel="noopener noreferrer nofollow">CoinDesk</a>--The ApolloX app is available on Apple Store or Google Play <a href="https://apollox.onelink.me/rf4R/newscryptowndl" rel="noopener noreferrer nofollow">here</a>.Stay up to date with ApolloX!<a href="https://t.me/apollox_com" rel="noopener noreferrer nofollow">Telegram</a> |<a href="https://twitter.com/ApolloX_com" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://www.facebook.com/ApolloXcom" rel="noopener noreferrer nofollow"> Facebook</a> |<a href="https://www.instagram.com/apollox_com/" rel="noopener noreferrer nofollow"> Instagram</a> | <a href="https://apollox.link/blog-discord" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://apollox.link/blog-APXNewsStation" rel="noopener noreferrer nofollow">ApolloX News Station</a>

Crypto News of the Day: Singapore extends crypto regulations, Ledger launches NFT hardware wallet

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