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Digital disruption: Pioneering the next wave of DeFi money markets
Projected to generate a revenue of $26.2 billion this year, the #DeFi market is surging ahead despite its inherent complexities and security challenges. In the ever-evolving landscape of #FinTech, continuous innovation is crucial; however, this evolution must be accompanied by a rigorous commitment to #security measures.
South Korea’s Elice raises $14.9M in Series C round led by Vertex Growth
Elice Inc. (Elice), South Korea’s upcoming artificial intelligence (AI)-powered educational platform company, has raised a KRW 20 billion ($14.9 million) Series C round. The new funding is led by Vertex Growth, a growth-stage venture capital fund anchored by Vertex Holdings, a subsidiary of the global investment company Temasek.
Darewise Entertainment, DFZ Labs team up for Web3 expertise sharing
Darewise Entertainment (Darewise), a subsidiary of Animoca Brands and the creator of the Life Beyond game, announced Sunday a strategic partnership with DFZ Labs, creator of the world-renowned Web3 brand Deadfellaz. The duo have entered into partnership to support each other's growth by sharing their expertise in Web3 with each other through an advisory…
Securing the future of data privacy with multiparty computation
As businesses harness more out-of-the-box security solutions, prioritizing robust internet #DataPrivacy emerges as a fundamental cornerstone for the evolving internet. The integration of strong data privacy measures and #Web3 frameworks establishes an upgraded internet where users regain trust with enhanced confidence, fortified by the unyielding principles…
Hong Kong’s next big opportunities in RWA/STO investing
As a global financial center, #HongKong has achieved much success in paving the framework for the #Web3 and digital assets industry in the past year. The effort in connecting traditional finance with digital assets has been welcomed by broader market participants and one of the biggest developments has to do with the introduction of #STO and #RWA investing.
Maxis and Public Bank collaborate to further accelerate digital adoption among Malaysian SMEs
Malaysian telecommunication firm Maxis and lender Public Bank Bhd. are collaborating to further accelerate digital adoption among Malaysian small and medium enterprises (SMEs). Through the collaboration, which was formalized during a Memorandum of Understanding (MoU) exchange ceremony, both companies will embark on a joint awareness program to promote…
Malaysia’s Khazanah in talks to lead Softbank-backed OYO Hotel’s $400M fund raise – report
Talks are still ongoing and Khazanah can still decide to not invest, Bloomberg reported.
Malaysia’s TNB partners China’s state-owned utilities to shake up ASEAN power grid with HVDC technology
Malaysian utility firm Tenaga Nasional Berhad (TNB) is spearheading a transformative partnership with China’s state-owned power utilities, aiming to revolutionize the ASEAN power grid (APG) through cutting-edge highvoltage direct current (HVDC) technology.
Hong Kong’s Qupital secures series B2 funding to fuel market expansion and product innovation
Qupital, a Hong Kong-based data-driven financing platform for small and medium-sized enterprises (SMEs) in the new economy, has on Thursday announced its new Series B2 financing round funded by a consortium of new and existing investors from Hong Kong and Southeast Asia.
Singapore’s Vizzio appoints interim CEO following ‘CEO’s fabricated credentials, inflated client list’ controversy
Vizzio CEO Jon Lee has come under fire after he was found to have faked his credentials following a report by Tech In Asia .
