Blockchain / Crypto
Singapore Blockchain Innovation Program launches hackathon to accelerate blockchain adoption
S$80,000 in prizes for the nation's best hackers to bring their blockchain innovation to life.
Binance Labs makes strategic investment in Belgium’s hardware wallet maker NGRAVE
Binance Labs, the venture capital arm and accelerator of Binance, has made a strategic investment in and will be leading the upcoming Series A round of NGRAVE, a Belgium-based blockchain and digital asset security provider specialized in user-friendly, maximum security solutions for crypto users, from creating keys to advanced key recovery.
South Korea’s Paycoin partners Singapore’s TripleA for global crypto payments
Paycoin, a crypto payments company based in South Korea, has kickstarted its expansion into the global crypto payments market through a partnership with Singapore-based crypto payment firm TripleA. Payprotocol AG, the issuer of Paycoin (PCI) has on Friday announced a memorandum of understanding (MOU) with TripleA, to collaborate on building a global crypto…
Binance to commit $1B for “Industry Recovery Initiative” for Web3
Binance, the world's largest cryptocurrency exchange, on Thursday announced the launch of a recovery initiative for the crypto industry, through which the exchange and other participants will evaluate investment opportunities in companies and projects that are facing significant short-term difficulties.
DBS becomes first bank in Asia to complete intraday repurchase transaction on a blockchain based network
Singapore-based bank DBS announced Wednesday that it has become the first bank in Asia to complete an intraday repurchase transaction on J.P. Morgan’s intraday repurchase application on Onyx Digital Assets, a blockchain based network which supports instant settlements and maturity of the transactions within hours instead of the current industry norm of one…
Revisiting the Terra crash: The cause and the impact it had
This piece seeks to examine what happened back in May leading up to the Terra crash and the impact it had on the crypto market afterward. But first, let us briefly explore what the Terra network was all about to put things into context.
China’s Xinghuo BIF appoints Malaysia’s MyEG to own and operate Xinghuo International Supernode
China’s national blockchain Xinghuo Blockchain Infrastructure and Facility (XInghuo BIF) has inked an agreement with Malaysian listed digital services firm MY E.G. Services Bhd (MyEG) for MyEG to own and operate the Xinghuo International Supernode (Malaysia) to connect China blockchain to global markets.
Korea’s ambition for launching Layer 1 blockchains will accelerate in 2023
The Layer 1 take-off will force established platforms to re-architect their infrastructure to accommodate new players. Where South Korea has begun to realize this potential for a strengthened user-owned economy, we’re certain that the Layer 1 take-off won’t stay a regional phenomenon for long.
Singapore’s Temasek writes down $275M investment in FTX; says currently have no direct exposure in cryptocurrencies
“In view of FTX’s financial position, we have decided to write down our full investment in FTX, irrespective of the outcome of FTX’s bankruptcy protection filing,” Temasek said.
Bigo Live partners TripleA to enable users pay with crypto
Bigo Live, a Singapore-based social live streaming platforms, has partnered with TripleA, a Singapore-based licensed crypto payment gateway, to enable users to pay with cryptocurrencies.
