County Pacific Financial News

25.07 / 22:27

business Asia Survey Over a quarter of Asian Pacific ‘emerging giant’ startups tied to blockchain: Report

The Asia Pacific region is seeing a major business shift with increasing numbers of new technology startups appearing, even as venture capital investment is decreasing compared to last year. A report from Big Four accountant KPMG and international banking company HSBC based on a survey of 6,472 Asian Pacific startups found that over a quarter of them are blockchain related.

22.07 / 08:09

Adoption Payments Latin America Workers in volatile economies most likely to take pay in crypto: Report

Residents in nations with volatile economies are more likely to receive their pay in crypto, according to global hiring platform Deel.

30.06 / 15:19

Blockchain Ethereum Cybersecurity Infamous North Korean hacker group identified as suspect for $100M Harmony attack

The Lazarus Group, a well-known North Korean hacking syndicate, has been identified as the primary suspect in the recent attack that saw $100 million stolen from the Harmony protocol.

15.06 / 09:17

cryptocurrency coinbase ‘30 days to leave after 12 years in Asia,’ says axed Coinbase employee in viral post

As Coinbase laid off about 18% of its workforce on Tuesday, one senior executive in Singapore spoke of how the cryptocurrency exchange platform cut off access to its systems for affected employees even before they were notified they had lost their jobs.

10.06 / 21:27

business Government Blockchain regulation CZ visits Palau to kick off BNB Chain-supported ID NFTs for digital residency program

The Republic of Palau announced Friday that it will issue identification cards to its digital residents in the form of nonfungible tokens (NFTs) on Binance’s BNB Chain blockchain. Binance founder and CEO Changpeng Zhao (CZ) was on hand in the Pacific Island nation for the unveiling of the NFTs and to meet with Palauan President Surangel S. Whipps, Jr.

31.05 / 16:25

Citi Parke Deloitte Subway As employers call workers back to the office, some AAPI women are on edge

Sometime after Deloitte consultant Michelle Go was shoved to her death underneath a moving R train in January, another New York City resident swore off taking the subway.

23.05 / 16:13

Blockchain Adoption Health education Genomics company explores NFTs in hopes of advancing precision medicine

It’s predicted that nonfungible tokens (NFTs) will have a vast impact on society. Given this, it shouldn’t come as a surprise that the trillion-dollar healthcare sector has begun to explore NFTs tokens to advance medicine.

27.04 / 13:21

UPS FIVE Gemini Bitcoin Gemini Report Shows Women Lagging Behind Men in Web3 Investments

There is a big difference between male and female Web3 investors, according to a report from cryptocurrency marketplace Gemini.

11.04 / 12:29

BTC FIVE Strategy Bitcoin Crypto Market Witnesses Increase in Women Users: Report

The cryptocurrency market is witnessing an increase in women users, according to a report from BTC Markets.

04.04 / 22:47

business Blockchain Law businesses Support In the US, public-private state associations form networks of support for crypto businesses

When you think of a crypto-friendly U.S. state, Washington is hardly the first to come to mind. Yet, a lot has been happening on the ground in the Pacific Northwest lately. Washington Governor Jay Inslee signed a bill, SB5544, into law on March 30. The new legislation creates a working group of seven state officials and eight trade association leaders to examine “various potential applications of and policies for blockchain technology” and report to the governor in December 2023.

04.04 / 13:11

Adoption Gemini Asia Survey About 50% of Surveyed Crypto Owners Made Their First Buy in 2021 - Gemini

Nearly half of the surveyed crypto owners made their first crypto purchase last year, according to a survey commissioned by crypto exchange Gemini.

04.04 / 12:37

Citi Provident FIVE Gemini Hong Kong Experienced Crypto Break Out Year in 2021: Gemini Report

Hong Kong experienced a break out year for crypto investing in 2021 and currently, the city has a 24% adoption rate in crypto investors, according to a report by global cryptocurrency exchange Gemini.

17.03 / 16:09

business Blockchain Ripple XRP Ripple to give out 1 billion XRP in developer grants

Ripple, the enterprise payment technology company, plans to give out one billion XRP in grants for developers. The newly announced grant is an extension of the company’s XRPL Grants program launched in 2021.

15.03 / 18:13

Government Technology Adoption Bitcoin Future Legal DAOs: Why are the Marshall Islands betting on a decentralized future?

The Republic of the Marshall Islands made history in the second week of February after it formally recognized decentralized autonomous organizations (DAOs) as legal entities.

18.02 / 23:25

business Funding Metaverse Crypto Biz: JPMorgan enters the Metaverse, Marshall Islands legalizes DAOs, Feb. 10–16

Last week’s Crypto Biz newsletter explained how Wall Street is essentially marketing Bitcoin (BTC) for us after Wells Fargo said digital assets could “soon hit a hyper-inflection point” in terms of adoption. This week, JPMorgan Chase issued its own bullish outlook when it labeled the etaverse a $1 trillion a year opportunity.

15.02 / 20:20

business DAO IMF Marshall Islands officially recognizes DAOs as legal entities

The Republic of the Marshall Islands has moved to formally recognize decentralized autonomous organizations, better known as DAOs, as legal entities — a move that gives collectively owned and managed blockchain projects formal recognition on the global stage.

19.01 / 13:47

Provident Digital Platform Mobile Regulator Offers Conditional Approval to SoFi Bank, despite Crypto Asset Activities

American online personal finance company Social Finance, Inc., commonly known as Sofi, has obtained conditional approval from the Office of the Comptroller of the Currency (OCC) to establish SoFi Bank, National Association (SoFi Bank, NA), a full-service national bank, with restrictions on banks The ability to engage in crypto asset activities.

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