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RoboFi News Review: Top Crypto News of the Week

This week’s news roundup is presented below.

Singapore says retail investors ‘irrationally oblivious’ to crypto risks, plans tougher rules

The head of Singapore’s central bank has stated that the country plans to introduce new regulations that would make it harder for individual investors to trade cryptocurrencies at a time when they appear to be “irrationally ignorant” to the risks involved.

Cryptoverse: Bleeding bitcoin’s holding out for a hero

The world’s biggest cryptocurrency can’t seem to catch a break. It finally looked to be regaining strength this month, breaching $25,000 for the first time since its June collapse, only to relapse towards $20,000.

Exclusive: U.S. sought records on Binance CEO for crypto money laundering probe

According to a written request from late 2020 seen by Reuters, U.S. federal prosecutors asked Binance, the world’s largest cryptocurrency exchange, to hand over extensive internal records relating to its anti-money laundering checks, as well as communications involving its chief executive and founder, Changpeng Zhao.

Crypto fans still live in a supervised world

Since the beginning of time, whoever had the bigger stick could easily take the money of whoever had the smaller stick. At least, that is one of the many ideas that MicroStrategy (MSTR.O) founder Michael Saylor talks about. He is so sure that bitcoin will change the world because of its “freedom and self-sovereignty” that he has put the future of his company on it. He still has to be watched over, which is too bad.

Tether wants Roche Freedman off case over founder’s alleged conflict

Tether wants Roche Freedman taken out of a case against the cryptocurrency company after it was said that one of the law firm’s founders used investor lawsuits to help a corporate client. Wednesday, the co-founder of the company, Kyle Roche, dropped out of a crypto class action in New York that accused Tether of manipulating the cryptocurrency markets. The largest stablecoin in the world is called Tether USDT.

About RoboFi

RoboFi ( is a Defi platform that envisions a marketplace for revolutionary Dao crypto trading bots. Through its IBO (Initial Bot Offering) system, community members can maximize their earnings in an easy, simple, and secure way. We create a safe and transparent environment based on blockchain technologies that help developers bring crypto trading bot platforms to the market. In addition, individuals will have easy access to these bot applications, thereby generating more earning opportunities. RoboFi ecosystem is fueled by the VICS token.

About VICS

VICS token has a distinctive and enticing concept. VICS is the BEP-20 token, built on the Binance smart chain. It is a core utility token in the RoboFi ecosystem, the reliable crypto trading bot marketplace. One important utility is to own the governance token of DABots and participate in an IBO (Initial Bot Offering) to receive additional incentives. VICS is available on major exchanges for trading.

Official Link

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