Blockchain/Bitcoin

CIMB Singapore Rolls Out Blockchain Trade Financing with iTrust

CIMB Singapore and iTrust today announced that they have successfully completed their first structured trade financing transaction on iTrust’s Blockchain and Internet of Things (IoT) platform. The transaction involves the financing of dairy products imported into China and is expected

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Swiss Research Firm Lists Singapore’s Best and Worst Crypto Exchanges

Cryptogenes, a market research firm operating out of Switzerland through the legal entity HeyDays Services, has released a report detailing the results of an audit of Singapore’s 20 centralized cryptocurrency exchanges. The audit evaluates the overall quality of all of

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What are Stablecoins and Why Is it Growing in Asia?

Stablecoins are cryptocurrencies designed to minimize price volatility, it is often praised for offering the advantages of cryptocurrencies, including transparency, efficiency and low transaction fees, while overcoming the wild price swings inherent to the likes of bitcoin and ether. Proponents

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Singapore Thinks Libra is a Risk But Does Not Want to Miss out on Its Potential Benefits

Ravi Menon, Managing Director of Monetary Authority of Singapore, joins a growing list of regulators around the world voicing their concerns about Facebook’s Libra. In an interview with Financial Times, he said that Facebook’s Libra raises a global financial risk

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Meet the 8 Startups Selected for Singapore’s Government Backed Blockchain Accelerator

Tribe Accelerator, a blockchain accelerator backed by Enterprise Singapore, announced the onboarding of new partners to its program. Despite having launched only last year Tribe Accelerator has already garnered the support of multiple government and corporate partners, including AXA, BMW

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HyperCapital Announces Plans To Build The World’s Strongest Blockchain Community Alliance and Ecosystem

The Hyper Capital Community Meetup was held successfully in Hong Kong on September 16 at The Kimberley Hotel. The event saw a strong crowd of 300 key leaders of the Hyper Capital community and was graced by early bitcoin investor,

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Nearly 300 Arrested in Philippines for Alleged Crypto Investment Scam

227 Chinese nationals were arrested in Pasig City, Philippines, on suspicion of running a crypto investment scam targetting would be investor back in China. This was according to local media, The Inquirer. The 227 Chinese nationals all had Cagayan Economic

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Crypto Deals on The Rise in Asia Pacific

Year 2019 has witnessed a major shift in crypto-related fundraising and merger and acquisition (M&A) activity. While in 2018, the majority of crypto deals took place in the Americas, this year, Europe, the Middle East and Africa (EMEA) and Asia

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Wowoo Exchange Announces Official Launch of Digital Assets Trading Platform

Singapore-based Wowoo Exchange today announced the official launch of its digital assets trading platform. With an initial focus on the local market, Wowoo Exchange allows users to deposit and withdraw in Singapore dollars to trade cryptocurrency. At the start, three

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Mastercard and R3 Partner to Develop Blockchain-Powered Cross-Border Payments Solution

Mastercard and R3, an enterprise blockchain software provider, have today announced a strategic partnership to develop and pilot a new blockchain-enabled cross-border payments solution that will initially focus on connecting global faster payments infrastructures, schemes and banks supported by a

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