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China’s Digital Yuan Transactions Nears $250 Billion in 1.5 Years

The governor of China’s central bank has said that, in the 1.5 years since the launch of the digital yuan pilot program, about $250 billion has been transacted using the digital currency. At a conference in Singapore on July 19, People’s Bank of China (PBoC) governor Yi Gang said that

July 20, 2023 2 mins read

Landmark Victory For Ripple and the Entire Crypto Industry in SEC Lawsuit

Ruling Finds XRP is Not a Security, First Industry Win Against the SEC Sets Precedent For Other Tokens in the U.S. SAN FRANCISCO–(BUSINESS WIRE)–From day one, Ripple has said the SEC’s suit against the company (and its CEO and Chair) was baseless and yet another attempt to regulate through intimidation

July 20, 2023 3 mins read

Polymesh Releases New Report on Regulatory Developments in Digital Assets: APAC – 2023

Examines Recent Regulatory Initiatives in South Korea, Singapore and Hong Kong and is available for Download Now ZUG, Switzerland–(BUSINESS WIRE)–#DeFi—Polymesh Association, the leader in real world asset tokenization and blockchain technology for capital markets, today published its report on Regulatory Developments in Digital Assets: APAC – 2023, which examines recent

July 18, 2023 2 mins read

Gnosis Launches Fully Decentralized Payment Network and Debit Card

Blockchain industry frontrunner Gnosis has introduced Gnosis Pay and Gnosis Card, the first fully decentralized payment network and self-custodial debit card. This was announced during the biggest annual European Ethereum 04-days event, The Ethereum Community Conference (EthCC). Using a Visa-certified consumer debit card linked to an on-chain self-custodial wallet, the

July 17, 2023 2 mins read

Northern Trust, NUS School of Computing and NUS Asian Institute of Digital Finance Join Forces to Support Blockchain Development for Institutional Use

SINGAPORE–(BUSINESS WIRE)–#assetservicing–Northern Trust (Nasdaq: NTRS), the National University of Singapore’s School of Computing (NUS Computing) and Asian Institute of Digital Finance (NUS AIDF) today announced a series of research and industry development initiatives that will advance efforts to define the future of blockchain for institutional investors. The strategic partnership between

July 12, 2023 4 mins read

KTX.Finance Raises $4 Million to Democratize Perpetuals Trading

SINGAPORE–(BUSINESS WIRE)–In the midst of the bear market, KTX.Finance, a decentralized perpetuals exchange on BNB Chain, announces a $4 million USD seed round financing led by Hashed. Other participants in the round include: AlphaLab Capital, CRIT Ventures, 100&100 Ventures, Trinito Corporation / Morpheus, GSG Asset, KuCoin Ventures and Sky9 Capital.

July 11, 2023 4 mins read

HQMENA Announces Crypto Expo Dubai 2023, the Foremost Crypto Event in the Middle East.

HQMENA, a leading events management company, is proud to announce the upcoming Crypto Expo Dubai 2023, set to take place on September 20-21, 2023. This highly anticipated event will bring together global experts, innovators, and thought leaders in the crypto industry to explore the latest advancements, trends, and opportunities in

July 10, 2023 2 mins read

Borderless Capital Leads $1.5M Investment into the GEODNET Foundation to Support a Precise and Trusted Decentralized Location Service

GEODNET’s growing Global Network of 3000+ web3 GNSS Base-stations recognized by industry as a leading commercial solution for Real-Time Kinematic (RTK) applications SINGAPORE–(BUSINESS WIRE)–The GEODNET Foundation (GeoDAO PTE, LTD) announced the completion of a private $1.5M token sale. The round was led by Borderless Capital’s EdgeFi Fund, the first web3

July 6, 2023 3 mins read

A New Era of Bitcoin Mining: How This Country is Reshaping the Landscape?

The crypto market has gained significant attention around the world. Countries are continuing to utilize digital assets and carry out strategies to attract traders, investors, and cryptocurrency companies. As the world continues its rapid shift towards digital currencies, the United Arab Emirates (UAE) has emerged as a leading destination for

July 6, 2023 4 mins read