Blockchain / Crypto

What is the metaverse, and why does it matter?

An ‘Open Metaverse’ protects each individual’s data on the blockchain from unpaid exploitation. By delivering real value through property rights, earning capability, and peer-to-peer connectivity, the ‘Open Metaverse’ offers a supportive environment that is already attracting many new users. Decentraland is a good example of a more mature metaverse that…

Sygnum raises $90M Series B funding to accelerate expansion of Web 3.0 offerings and into new global markets

Sygnum has raised $90 million in an oversubscribed Series B funding round led by Sun Hung Kai & Co. Limited. They are joined by a raft of new and existing strategic investors, with the round valuing Sygnum at $800 million on a post-money basis.

Singapore crypto media platform Chain Debrief raises $900,000 seed funding to expand its platform

Chain Debrief has closed a US$900,000 seed funding round. The round is led by angel investor Sim Jian Hong and supported by institutional investors QCP Capital, Gecko Ventures, Double Peak Group and Coinhako, Senior executives from Defiance Capital, Xfers, Mintable and other individual investors in the crypto space also participated in the funding round.…

Taiwanese pop star Jay Chou sells $10+M worth of NFTs to rank 4th place globally next to Cryptopunk

Taiwanese pop star Jay Chou has recently released an non fungible token (NFT) series called Phantabear, which is currently among the top four most sold NFT series on Opensea. Over 10,000 NFTs, each costing more than 1,000 USD, were sold in less than five minutes, banking them over $10 million and breaking the record for the fastest selling NFT in the world…

Winning in a volatile crypto market: Top trading and DeFi strategies to consider [Panel discussion podcast]

Down to the fundamentals, the best strategy is to first understand what you want to achieve from crypto. After clarifying what your goals are, finding which strategy works best is easier to accomplish.

Singapore and Boston based fintech startup Almond Finance closes funding round of $2M

Almond Finance has closed a seed funding round of $2 million. The fundraising, led by Morningside Group, will drive hiring, product development and compliance requirements for multiple markets.

Binance and MDI Ventures-led consortium establish joint venture to grow blockchain ecosystem in Indonesia

Binance has established a joint venture with a consortium led by MDI Ventures (MDI) to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange. Binance will provide world-class asset management infrastructure and technology to support the development of the new exchange platform.

Binance withdraws Singapore cryptocurrency bourse application – report

The company was said to be among some 170 firms that applied to the Monetary Authority of Singapore for a permit to offer cryptocurrency services.

Hong Kong billionaire Adrian Cheng enters metaverse via investment in Animoca Brands’ The Sandbox

The Sandbox offers virtual real estate, called LAND NFTs, in the open metaverse. Cheng's LAND will be one of the biggest plots in The Sandbox, and form part of the ‘Mega City’ virtual world, which will include his Innovation Hub. The landmark of the Innovation Hub will be the GBA Pavilion, a vibrant center propagating creativity and futuristic vision to…

Vietnam blockchain-based gamehub Whydah raises $25 Million funding

Whydah has successfully raised $25 million from prestigious investors including Hashkey, Eternity Ventures, Bitscale, Youbi, Morningstar Ventures, Kardia Ventures, Formless Capital, Axia 8 Ventures, Polkastarter, Good Guild Game, and Mask Network. This move comes shortly after Whydah officially cooperated with the seven largest game studios in Vietnam,…