Blockchain / Crypto

Blockchain in 2022 and beyond: Is the current crypto tumble a mirror of 2018?

During a webinar on 26 January 2022 organized by Huobi Research Institute, three industry experts debated the future awaiting the crypto market this year. Topics covered included a market overview, Central Bank Digital Currencies (CBDCs), crypto regulatory changes, meme coins and Non-Fungible Tokens (NFTs).

United Kingdom’s Revolut launches cryptocurrency service in Singapore

Revolut, the United Kingdom-based financial superapp, on Thursday launched a new cryptocurrency service in Singapore, enabling customers to securely buy, hold and sell cryptocurrencies with the tap of a button. Revolut is providing all customers in Singapore with more than 80 tokens available via its app.

Digital Treasures Center secures licence to provide digital payment token and other payment services in Singapore

The Monetary Authority of Singapore (MAS) has granted Singapore-based enterprise payment service provider Digital Treasures Center (DTC) the major payment institution (MPI) licence. Securing the full licence means DTC has exited from the exemption status and is now a fully regulated provider of Digital Payment Token (DPT) and other payment services under…

Singapore skyline SGX SPAC

Singapore’s OrBit Markets raises $4.6M funding led by Matrixport

OrBit Markets, a Singapore-based institutional liquidity provider in crypto options and structured products, said Sunday it has raised $4.6 million in an angel funding round led by Matrixport, a leading digital assets financial services ecosystem. It also saw participation from Brevan Howard Digital, New Form Capital, Maven 11 and Westridge Markets in this…

Global retail cryptocurrency app Luno partners payment provider FIS to introduce its newest payment option

Luno, the global cryptocurrency app that aims to put the power of crypto in everyone’s hands, announced on Wednesday its partnership with FIS, and will use their Worldpay Merchant Solutions capabilities to enhance its payment options.

Singapore’s Mighty Bear Games raises $10M led by Framework Ventures

Mighty Bear Games, a Singapore-based multi-platform game development studio, announced Tuesday a $10 million round to launch its blockchain division and develop a series of immersive AAA web3 games that are novel, fair and thoughtful. The round was led by Framework Ventures.

Cake DeFi levels up with Razer Silver

Cake DeFi, Asia’s fastest growing cryptofinance platform dedicated to providing access to decentralized financial services, has announced on Friday a market-leading partnership with Razer Silver, a loyalty rewards program for gamers, backed by Razer Inc, the world’s leading lifestyle brand for gamers.

Singaporean multi-currency stablecoin protocol Bluejay Finance bags $2.9M funding

Bluejay Finance, a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, said Wednesday it has raised $2.9 million funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects…

XLD Finance raises $13M pre-series A funding led by Dragonfly Capital and Infinity Ventures Crypto

XLD Finance, a borderless decentralised ecosystem that provides financial tools to emerging economies, announced Wednesday that it has successfully raised $13 million during the pre-Series A funding round led by Dragonfly Capital and Infinity Ventures Crypto (IVC).

Singapore’s Fintonia awarded provisional virtual assets license in Dubai

Fintonia Group, an entrepreneurial financial services company based in Singapore, announced Tuesday that it has secured a provisional virtual asset license granted by the Dubai Virtual Assets Regulatory Authority (VARA). The license allows Fintonia to participate in Dubai’s fast-growing digital assets ecosystem by operating crypto native services under full…