Blockchain
Digital Asset Manager TradeTogether Offers Robo-Advisory for Accredited Investors
Singapore-based digital asset management startup TradeTogether is on track to launch a series of pocket fund strategies for accredited investors to invest in the cryptocurrency space. Its robo-advisory solution helps clients pre-select their portfolios through an application. At the same
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DBS Set to Hire Tech Talent to Bolster AI, Blockchain Capabilities Through Hack2Hire
DBS plans to hire around 150 of Singapore’s top technology talent through its Hack2Hire hackathon to bolster its AI and blockchain capabilities. Following a year-long hiatus due to Covid-19, DBS Hack2Hire will enable candidates to meet like-minded technologists and participate
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SDAX Gets Go-Ahead to Operate as Digital Asset Exchange From MAS
SDAX announced that it has obtained its Recognised Market Operator (RMO) license from the Monetary Authority of Singapore to operate a digital asset exchange. Founded and headquartered in Singapore, SDAX is an institutional grade digital asset exchange. It leverages blockchain
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10 Largest Crypto Hacks, Heists and Exploits of the Past 15 Months
Cryptocurrency-related hacks and scams continue to cost businesses and consumers billions in losses each year. Although overall crypto-related fraud activities have declined since at least 2019, data from blockchain analytics and crypto intelligence firm Ciphertrace suggests that criminals are now
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Binance Ceases Singapore Offerings Following MAS’ Investor Alert
Singaporean crypto exchange platform Binance announced in a blog post that it will cease to offer certain product and service offerings several days after the Monetary Authority of Singapore added the company to its investor alert list. The company said
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Singapore’s Cryptocurrency Industry: How Are Key Players Positioning for Growth?
The 2021 Global Crypto Adoption Index by Chainalysis, a blockchain data analytics tool provider, revealed that globally, more individuals are now participating in cryptocurrency while existing cryptocurrency adoption is also on the rise. From Q3 2019 to the end of
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Regulators and Financial Institutions in APAC Waking up to Digital Asset Opportunities
In Asia Pacific (APAC), financial institutions and regulators are recognizing the potential of tokenized securities and exploring the concept. But despite recent positive developments, several challenges still need to be addressed, including regulatory heterogeneity and the need for deeper industry
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BIS to Test Central Bank Digital Currencies With Australia, Malaysia, Singapore, S. Africa
The Bank for International Settlements (BIS) Innovation Hub will test the use of central bank digital currencies (CBDCs) for international settlements with Australia, Malaysia, Singapore and South Africa. Led by the Innovation Hub’s Singapore center, Project Dunbar aims to develop a
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MAS Joins Regulators Worldwide to Pin Binance Onto Its Investor Alert List
The Monetary Authority of Singapore (MAS) has joined a number of regulators worldwide to add Singaporean crypto exchange platform Binance to its investor alert list. The beleaguered crypto exchange had previously applied for a license to offer digital payment token
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Standard Chartered Joins Global Digital Finance’s Board to Accelerate Crypto Adoption
Standard Chartered has become the first bank to join the Global Digital Finance’s (GDF) patron board to advocate and accelerate the adoption of best practices for crypto and digital assets. The GDF is an international alliance of some of innovative
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