Archive

Binance’s CZ Mocks Coinbase and Crypto.com as He Announces Hiring Spree

Cryptocurrency exchange Binance is hiring for 2000 open positions, according to its Chief Executive Officer Changpeng Zhao (CZ) in a tweet on Wednesday. This is in stark contrast to the other crypto exchanges announcing major layoffs, hiring freezes and even

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True Global Ventures Closes US$146 Million Fund for Late Stage Web3 Startups

Venture capital firm True Global Ventures (TGV) announced the first closure of its US$146 million follow on fund that will focus on global blockchain startups in 20 cities in North America, Europe and Asia. The fund is dedicated to Web3

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TripleA Raises US$4 Million in Funding From Razer’s zVentures

Crypto payments firm TripleA announced that it has secured US$4 million in funding from Razer’s corporate ventures arm, zVentures. Eric Barbier, Founder, and CEO of TripleA shares that “this strategic investor partnership with zVentures brings knowledge, connections and consultancy in

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DBS LiveBetter Now Allows Users to Track and Offset Their Carbon Footprint

Track Better and Offset Better are the two features most recently rolled out on LiveBetter, a one-stop digital platform on the DBS digibank app that seeks to educate and empower users to make sustainable lifestyle choices and live more consciously.

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MAS Partners IFC and UNDP to Launch Global MSME Empowerment Programme

The Monetary Authority of Singapore (MAS), in partnership with the International Finance Corporation (IFC) and the United Nations Development Programme (UNDP), has launched an open financial education and action programme for micro, small and medium enterprises (MSMEs) in Asia and

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Flip’s US$100 Million Series B Round Sees Participation from Tencent and Block, Inc

Flip, Indonesian consumer payments platform, announced a second close of a Series B funding round that brings its total funds raised to more than US$100 million. The round was led by Tencent with participation from Block, Inc. (formerly Square, Inc.) and

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Sequoia Raises US$850 Million Fund Dedicated to Southeast Asia

Sequoia India and Sequoia Southeast Asia announced that they have collectively raised US$2.85 billion across a set of funds. This includes Sequoia’s India venture and growth funds as well as an US$850 million Southeast Asian fund, its first dedicated fund

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Global Fast Track 2022 Eyeing Applications From Southeast Asia

Invest Hong Kong (InvestHK) has announced the launch of Global Fast Track 2022, a programme that helps fintech companies leverage the unique advantages of Hong Kong to scale in Asia while building a solid foundation for long-term growth. Returning for

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Crypto.com to Lay Off 260 Employees as Market Condition Worsens

Crypto.com will lay off 5% of its workforce (approximately 260 of its employees) citing the market downturn as a reason. Kris Marszalek, CEO of Crypto.com took to Twitter to address the rumours about the layoffs saying the firm had to

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Vietnamese Proptech Houze Raises US$2 Million in Fundraise Led by DKRA Group

Houze, a proptech startup based in Vietnam that offers a fully integrated real estate ecosystem for agents and customers through its offline-to-online platform, has raised US$2 million in a funding led by DKRA Group. DKRA Group is a major real

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