Binance CEO says US crypto exchange will go public in three years
Binance US plans to close a major private funding round in the next two months to become more independent from Binance. Go to Source Powered by WPeMatico
Singapore
Auto Added by WPeMatico
Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot
The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank-issued digital currencies. Go to Source Powered by WPeMatico
MUFG boosts its crypto exposure following $41M Zipmex funding round
Thailand’s Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex. Go to Source Powered by WPeMatico
Singapore central bank shortlists 15 companies to develop retail CBDC
The 15 finalists will be mentored by the MAS and “be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions.” Go to Source Powered by WPeMatico
Singapore Myanmar Investco Purchases 800 Mining Rigs, Firm Plans to Offer Mining Services
On August 24, the investment and management company, Singapore Myanmar Investco Limited (SMI), revealed the company is entering the bitcoin mining industry as it has ordered 800 mining rigs to be delivered to Southeast Asia. The move follows a number of firms pivoting toward digital currency mining. Singapore Myanmar Investco Pivots Toward Bitcoin Mining In … Read more
Hacked Liquid exchange receives $120M debt funding from FTX
The funding comes soon after Liquid suffered a major hacking incident last Thursday when the exchange’s warm wallets were compromised. Go to Source Powered by WPeMatico
Australia and Singapore conclude digital verification blockchain pilot
A nine-month blockchain initiative assessing the cost and time efficiency of the two countries’ digital verification systems has been deemed a success. Go to Source Powered by WPeMatico
Ethereum, Bitcoin, Cardano Are Most Popular Cryptocurrencies in Singapore: Study
A new study shows that ethereum is the most popular cryptocurrency among more than 4,000 adults surveyed in Singapore. The second-most popular crypto is bitcoin, followed by cardano. Singapore-Based Crypto Investors Prefer Ethereum, Bitcoin, Cardano The new 2021 State of Crypto in Singapore, a joint study by Seedly, Gemini, and Coinmarketcap, was published Monday. It … Read more
Ether is more popular than Bitcoin in Singapore, new study finds
Almost four in five Singaporean crypto holders own Ether, followed by Bitcoin, Cardano and Binance Coin. Go to Source Powered by WPeMatico
Korean internet giant Kakao expands blockchain presence to Singapore
Kakao wants to keep up with the enterprise blockchain competition in Asia as it eyes expansion to Singapore. Go to Source Powered by WPeMatico