Blockchain/Bitcoin

Vietnam Gets a Blockchain-Based Alternative to Grab

TADA, launched by a Singapore-based startup MVL, made its presence in Vietnam on Monday. The news comes less than a week after its launch in Cambodia. TADA – which means “let’s ride” in Korean – uses blockchain technology to curb

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With Go-Jek’s New Acquisition, Could Blockchain Be A Secret Weapon Against Grab?

Thanks to Go-Jek’s diversification strategy, it’s pretty easy to get a glimpse about the company’s future direction based on what companies they’ve acquired or shook hands with. This time around, it’s come out that the US$9 billion-worth company gained a majority stake

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Will India Emerge as The Next Blockchain Hub of The World?

Is India emerging as a blockchain trendsetter? The sector has been moving in fits and starts in what’s becoming the world’s sixth-largest economy. Despite a bearish outlook on cryptocurrencies from regulators, progressive Indian states and companies are charging ahead in exploring the applications of blockchain

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Singapore Gets First SGD-Backed Stablecoins

A new stablecoin project called Singapore Dollar Rate (SGDR) has launched in Singapore. Created by the team behind blockchain startup Rate, SGDR is said to be the first Singapore dollar-backed stablecoin, “guaranteeing users full redeemability for Singapore dollars on demand,”

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Facebook Reportedly Developing Crypto Stablecoin Targeting India’s Remittance

Facebook is reportedly working on a cryptocurrency for global payments on its WhatsApp messaging app. The project will first focus on the Indian remittances market, people familiar with the matter told Bloomberg. Facebook is developing a stablecoin, a cryptocurrency pegged

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Philippine SEC sets 2nd Round of ICO Rules Consultation

Having postponed the release of its final rules on ICOs (initial coin offerings), the Philippine SEC (Securities and Exchange Commission) has set its second round of public consultation open until January 15, 2019. “The Commission is inviting banks, investment houses,

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LINE Acquires Online Security Research Center

LINE Plus Corporation (the chat app) announced last week that it has acquired GrayHash, an online security research center specializing in “offensive research” and counter-hacking techniques. With the acquisition, the Korea-based GrayHash has been renamed GrayLab and tasked with developing

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Philippines: Cleaners of Polluted Beaches Get Paid in Cryptos

A pilot project seeking to show transparency in the flow of money via public blockchain was formally launched last week in Manila rewarding cleaners of polluted beaches with the cryptocurrency Ether (ETH). Dubbed “Bounties for the Oceans: Philippines Pilot –

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Singapore Financial Regulator Releases Updated Guide for ICOs

The Monetary Authority of Singapore (MAS), the city state’s central bank and financial regulator, has released an update to its guide for businesses looking to raise money through initial coin offerings (ICOs). The paper, titled A Guide to Digital Token

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These Are The 13 Fintech Companies to Watch in Singapore in 2019

2019 is right around the corner, which means we are near the end of an eventful year of fintech in Singapore. The Singapore Fintech Festival was probably the biggest one here yet, and the Monetary Authority of Singapore (MAS) has

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