Crypto
Binance Labs Closes US$500 Million Fund to Drive Adoption of Web3, Blockchain
Binance Labs, the venture capital and incubation arm of cryptocurrency exchange Binance, announced the closing of a new US$500 million investment fund. The fund is supported by global institutional investors such as DST Global Partners, and Breyer Capital. Other major
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Coinhako Secures Full License to Offer Crypto Services
Singaporean cryptocurrency platform Coinhako announced that it has been granted a full license to provide Digital Payment Token (DPT) Services under the Payment Services Act (PSA) by the Monetary Authority of Singapore (MAS). Coinhako said in a statement that obtaining
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MAS’ Ravi Menon Lays out Expectations for Crypto Operators
Crypto service providers need to have the ability to manage the risks, said Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS) at the Financial Times’ Crypto & Digital Assets Summit. He mentioned that there are four risks
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Indian Crypto Exchange CoinDCX Raises Over US$135 Million in Series D Fundraise
Temasek-backed Indian cryptocurrency exchange CoinDCX announced that it has raised over US$ 135 million in an oversubscribed Series D funding round. The round was led by Pantera and Steadview with strong participation from prominent investors like Kingsway, DraperDragon, Republic, and
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FOMO Pay Enables Singaporean Retailers to Accept Crypto Payments
Singapore-based major payment institution FOMO Pay announced that local retailers can now accept digital payment tokens (DPT) through its new cryptocurrency payment solution. According to a statement by FOMO Pay, the new payment method targeted at retailers is the first
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