Blockchain / Crypto

Malaysia's e-government services provider MY E.G. Services Berhad (MYEG) has teamed up with China's state-owned entity Guangxi Beitou IT Innovation Technology Investment Group Co., Ltd. (Beitou IT Innovation), to spearhead international digital identity credentials service on Zetrix blockchain.

Singaporean blockchain firm Zilliqa Group has announced a multi-year strategic alliance with Google Cloud, which will enhance the scalability, resilience, and data availability of the Zilliqa layer 1 blockchain protocol.

Tencent Cloud’s inaugural Web3 product is now live in the availability zones of Hong Kong and Singapore, serving customers worldwide.

This partnership aims to strengthen investor protection in the digital asset space while supporting the development of Hong Kong’s digital asset market with advanced tech-enabled solutions.

The rise of #generativeAI (GAI) — exemplified by #ChatGPT — and #blockchain typify the disruptive technology challenges to our current age. Both threaten to replace jobs; GAI by its ability to simulate human reasoning and communicate through natural language, blockchain through its capacity to replace a vast economy of transactional intermediaries.

CyberConnect, a United States-based Web3's social network, has entered into a memorandum of understanding (MoU) for a strategic partnership with Animoca Brands, the Hong Kong-based gaming and metaverse firm, to build a decentralized social layer for Mocaverse, the non-fungible token (NFT) collection of the Animoca Brands ecosystem.

The Monetary Authority of Singapore (MAS) has on Tuesday announced the features of a new regulatory framework that seeks to ensure a high degree of value stability for stablecoins regulated in Singapore. The regulatory framework takes into account feedback received, following an October 2022 public consultation.

Hong Kong-based bitcoin wallet Xverse has raised $5 million in seed funding round led by Jump Crypto. The round also saw participation from RockawayX, Sfermion, Alliance, NGC Ventures, V3ntures, Old Fashion Research, 2140 Bitcoin Ecosystem Fund, Bitcoin Frontier Fund, Newman Capital, Franklin Templeton, New Layer Capital, Miton C, Gossamer Capital, Daxos…

Binance Labs, the venture capital and incubation arm of Binance, has committed $10 million to Helio Protocol, a USD-pegged over-collateralized stablecoin. This strategic funding round emphasizes Binance Labs' dedication to supporting innovative projects that are set to shape the next era of DeFi.

Indonesian blockchain-based solutions provider D3 Labs has joined forces with the Indonesian Blockchain Association to provide impetus in the first phase of Digital Rupiah development. The Garuda Project, an initiative of Bank Indonesia for developing the Digital Rupiah, has garnered significant attention since its announcement.