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Huobi appears at Wiki Expo in Singapore to drive Web3 adoption
30.5.2023
Huobi recently participated in the Wiki Expo, organized in Singapore, with the objective of exploring ways to drive the adoption of Web3. Huobi was present at the event as a strategic partner, marking a significant milestone for both. Wiki Expo centered around the theme of seeing as many ways...
Temasek Adjusts Employee Compensation Following Unsuccessful FTX Investment
29.5.2023
Singaporean investment firm Temasek Holdings has lowered the compensation of senior management and the investment team responsible for investing in FTX.
An internal review found no misconduct by the investment team but Temasek's management still took "collective accountability" and reduced their...
Today in Crypto: Genesis & Gemini File Motion to Dismiss the SEC Lawsuit, Temasek Cuts Compensation for Team Who Recommended FTX Investment, Hong Kong Police Launches 'CyberDefender Metaverse' Platform
29.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Genesis & Gemini File Motion to Dismiss the SEC Lawsuit, Temasek Cuts Compensation for Team...
Singapore's Temasek to Exercise Caution in Crypto Space After FTX Nightmare
29.5.2023
Temasek wrote down the entirety of its investment in FTX in November
Singapore Venture Capital Firm Foresight Ventures Launches Second Phase of Web3 Accelerator
26.5.2023
Foresight Ventures, a venture capital company based in Singapore, has opened up the application process for the second phase of its accelerator program.
This round focuses on Web3 projects in various emerging ecosystems, with an additional $10 million pledged towards the program, the company said...
Ripple CEO: ‘Confusing’ US Crypto Rules Benefiting Europe
23.5.2023
The United States’ confusing crypto regulations have forced firms like Ripple to consider investing outside the country, and Europe has been a “significant beneficiary” of this confusion, Brad Garlinghouse has said. The Ripple CEO suggested that the United States needs to emulate...
The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership
22.5.2023
A recent report reveals that Druk Holding & Investments (DHI), the business division of Bhutan’s Royal Government, is exploring crypto initiatives to enhance its portfolio expansion. DHI recently teamed up with Singapore-based crypto company Bitdeer to “jointly develop green...
NY Fed and MAS publish joint CBDC cross-border payment project results
19.5.2023
The researchers built on their separate projects to demonstrate cross-border payments using illiquid currencies with an intermediate “vehicle” currency
Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise Funds at $1BN Valuation, Ledger Co-founder Calls Recover Service Launch a 'Horrible Mess'
19.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise...
NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test
19.5.2023
Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore late Thursday said
Whampoa Group Private Family Office to Open Digital Bank in Bahrain – Here's the Latest
18.5.2023
Singapore-based investment firm Whampoa Group aims to open a digital bank in Bahrain to offer payment and settlement services for crypto firms.
In a recent statement, Whampoa Group said it plans to set up the bank, which will provide banking services as well as the trading, custody, and asset...
USDC trading goes live in Singapore via Coinbase
18.5.2023
Coinbase recently conducted a commissioned study, revealing that 25% of the residents of Singapore feel that cryptocurrency is the future of finance. The number is at par with the UK and higher than the UK, where only 17% share the sentiments. The study has also revealed that what keeps people from...
Today in Crypto: Ripple Acquires Metaco, Tether to Buy BTC Monthly Using Realized Profits, WazirX Claims Binance Controls WRX
17.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Ripple Acquires Metaco, Tether to Buy BTC Monthly Using Realized Profits, WazirX Claims Binance Controls...
10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies
14.5.2023
The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar...
Researchers in Singapore design new ‘more efficient’ DAO scheme
11.5.2023
Scientists at Singapore University of Social Sciences created a novel DAO voting/governance scheme after reviewing current methods
Bitcoin trading up 80% at DBS Bank due to crypto crashes in 2022, says exec
10.5.2023
DBS Bank’s crypto trading platform has been attracting more institutional investors due to crypto exchanges that collapsed last year
Three Arrows Founder Su Zhu Obtains Singapore Restraining Order Against Arthur Hayes Over 'Harassment'
10.5.2023
The Wiki Finance Expo Singapore 2023 is coming soon! Web 3.0, Crypto, & NFT will be in focus
8.5.2023
About WikiFinance Expo Singapore 2023 It is not the first time that the Wiki Finance Expo has occurred in Singapore. As one of the most magnificent expos in the industry, WikiEXPO has always regarded Singapore as “the land of opportunity” for developing the forex blockchain industry...
Central Bank’s Gold Purchases Make ‘Record Breaking Start’ in Q1 2023; 228.4 Tonnes Added to World Reserves
8.5.2023
Central banks have continued to consistently purchase gold during the first quarter of 2023, according to the latest report of the World Gold Council (WGC), the global gold statistics organization. Central banks added nearly 230 tonnes of gold to their national reserves, representing a 176% rise...
Coinbase remains '100% committed' to US market: Armstrong
5.5.2023
The Coinbase CEO has a lot of faith in Congress in making a “clear rule book” for crypto firms to follow. But the SEC? Not so much