Tech Talk

5 things to watch out for when dabbling in cryptocurrency investments

The Monetary Authority of Singapore has reiterated that cryptocurrencies are "highly hazardous" for retail investors. PHOTO: REUTERS
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SINGAPORE - Cryptocurrency investments have received a lot of negative attention in recent times.

It started in May with the turmoil caused by the sudden collapse of a major US dollar-pegged stablecoin, the TerraUSD which is linked to another cryptocurrency Luna. This was followed by fluctuations in the value of Bitcoin, which touched US$19,000 recently, a far cry from its peak value of US$68,000 in November 2021.

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