Blockchain
A Look Back on Some of the Most Devastating Crypto Hacks
Another day, another cryptocurrency exchange hack. Recently the crypto world has been shaken by the Binance hack, that vanished approximately US$40 million worth of bitcoin through patient methods to avoid detection. It’s just the latest in a slew of hacks
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R3 and Wipro to Power Thailand’s Digital Currency, Project Inthathon
In what seems to be a streak of nations embracing central bank backed digital currencies (CDBC) and Wholesale CDBCs, Wipro announced today that in partnership with R3 they have developed a blockchain-based solution prototype for a consortium consisting of the
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Singapore and Canada Successfully Trials Cross Border Payments with Central Bank Backed Digital Currency
There’s a growing number of central banks taking a serious look at blockchain and distributed ledger technologies of late. The Bank of Canada and the Monetary Authority of Singapore (MAS) have conducted a successful experiment on cross-border and cross-currency payments
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Singapore Welcomes STO Player to its Fintech Sandbox
The Monetary Authority of Singapore (MAS) has aspirations towards encouraging more fintech experimentation, and in November last year, launched a regulatory sandbox that would allow innovative fintechs in legal grey areas to test their solutions in the market, under regulator
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Know your Tokens: Busting Crypto Jargons and Acronyms
Since the early days of initial coin offerings (ICO), the world of cryptocurrencies have added myriad types of terminologies – IEO, IFO, IAO, STO, etc. – all of which seems to be designed to confuse anyone who isn’t in the
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There Are 41 Crypto Businesses Licensed in Philippines Right Now
Philippines has been taking active steps recently to reform its regulation in efforts to position itself a crypto friendly regime . The country’s central bank, Bangko Sentral ng Pilipinas (BSP), released its rules for domestic exchange in February 2017, seeking
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5 Central Bank Backed Blockchain Projects That Could Make the World a Better Place
Central banks across the globe are no stranger to the concept of blockchain. In fact, according to a recent World Economic Forum (WEF) report, at least 40 central banks across the globe are working in some capacity with blockchain and
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Philippines Approves 3 More Crypto Exchanges Amid Soaring Bitcoin Prices
Bangko Sentral ng Pilipinas has green-lit another 3 cryptocurrency exchanges to operate in the Philippines. The new licensed firms include Bexpress Inc, Coinville Phils Inc. and Aba Global Philippines Inc. This brings the total number of licensed cryptocurrency exchange in
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Ripple to Double Staff Strength in Singapore
According to a report by Business Times (paywall), Ripple will be doubling its staff strength from 12 to 24 this year. This is against the backdrop of an increased rate adoption by its customers from Asia including the likes of
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Binance Will Arrive in Singapore Before the Month Ends
In September last year, Binance, one of the best known crypto exchanges, expressed intentions to set up fiat-to-crypto trading platforms on almost every continent. True to its intentions, Changpeng Zhao, CEO of Binance, announced at a conference in Seoul that
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