Blockchain / Crypto

How NFTs are boosting the global sports collectibles experience

This new blockchain-based digital content is making substantial impacts in various sectors like gaming, arts, entertainment, music, and the multi-billion dollar sports industry.

Singaporean ride-hailing app Ryde to launch community NFT project

Singaporean ride-hailing app Ryde said Friday it will be launching the non-fungible token (NFT) project as part of its efforts to grow and strengthen its community of users. The company will also expand the range of crypto payment options for its users to top up their in-app Ryde wallets.

Hong Kong’s Animoca Brands to acquire French blockchain game developer Darewise

Animoca Brands, the company Hong Kong-based firm advancing digital property rights for gaming and the metaverse, announced Wednesday it will acquire Darewise Entertainment, a France-based game developer founded by veterans of the AAA games industry that is currently developing the high-quality blockchain MMO Life Beyond. The collaboration will facilitate…

Singapore’s eSports firm ESPL partners Philippine’s Yield Guild Games for crypto NFT gaming

Sedania Innovator Berhad (Sedania)'s Singapore-based Esports Players League (ESPL) on Wednesday announced a partnership with Yield Guild Games Southeast Asia (YGG SEA) as part of its vision to amass gamers in the cryptocurrency, non-fungible token (NFT) gaming and metaverse sphere. The partnership aims to generate up to 300,000 gamers for ESPL and Sedania.

FOMO Pay unveils first cryptocurrency payment solution for retailers in Singapore

Singapore-based FinTech firm FOMO Pay said Wednesday it has rolled out a new cryptocurrency (crypto) payment solution for retailers in Singapore, which allowed them to accept digital payment tokens (DPT). The new payment method targetted at retailers is the first such to be developed by a DPT licensee in Singapore.

Malaysia-listed MYEG’s Zetrix blockchain to launch mainnet

Zetrix is the international extension of Xinghuo BIF, China’s largest national-level blockchain network supported by all levels of the Chinese government and running both governmental and commercial applications.

Singapore’s TiTi Protocol secures $3.5M led by The Spartan Group to build the first use-to-earn algorithm stablecoin

TiTi Protocol, a Singapore-based multi-asset reserve stablecoin, on Tuesday announced a successful fundraising round of $3.5 million, led by The Spartan Group. The round also saw the participation from SevenX Ventures, Incuba Alpha, DeFi Alliance, Agnostic Fund, Fourth Revolution Capital (4RCapital), Solidity Venture, and other institutions, as well as…

Hong Kong’s Newman Capital launches $50M investment fund to empower businesses with Web3 solutions

Hong Kong-based investment firm Newman Capital announced Wednesday the launch of its $50 million investment fund to help cutting-edge traditional businesses to strengthen their position in the ever-growing Web3 world. The fund is on the mission to accelerate the Web3 adoption, especially in the traditional business world, focusing on Asia.

Vietnam’s Sky Mavis raises $150M funding led by Binance to restore funds on the Ronin Bridge

Sky Mavis, the Vietnamese gaming firm behind play-to-earn game Axie Infinity, said Thursday it has raised $150 million funding round led by Binance to restore funds on the Ronin Bridge.The round also saw the participation of Animoca Brands, a16z, Dialectic, Paradigm and Accel. The fund will be used to reimburse user funds affected by the Ronin Validator…

Indonesia’s GoTo sells majority stake in Philippines e-wallet Coins.ph – report

Gojek had acquired the stake in 2019 when it plans to expand into the Philippines.