Singapore Financial News

02.06 / 12:45

Adoption regulation Survey Investors' perception of crypto is changing for the better: Economist survey

A report published by the Economist paints a bright future for cryptocurrency adoption, with survey respondents anticipating growing demand in the near future.

01.06 / 15:45

Blockchain Digital JPMorgan Pool Asset Tokenization Singapore’s MAS has a digital asset tokenization plan with ‘Guardian’

According to a statement by Deputy Prime Minister Heng Swee Keat, the Monetary Authority of Singapore (MAS) has unveiled Project Guardian. This will be a collaborative endeavour with the financial industry to examine the economic potential and use cases of asset tokenization.

31.05 / 20:25

Legal Terra Mystery South Korean Company that ‘Worked on Terra Network’ Faces Media Scrutiny

South Korean media outlets say they have unearthed evidence that a blockchain firm based in Seoul has a close relationship with Terraform Labs – and may have been developing for the Terra network under the radar. But the plot may already have thickened – with allegations that the National Tax Service (NTS) found evidence of a “suspicious flow of transactions” between the firm and Terraform Labs when it investigated the firms last year.

31.05 / 19:23

Blockchain Ethereum Gaming Bitcoin Power Bitcoin Miners Under 'Stress', Euro's Purchasing Power Wanes, Fidelity Beyond BTC + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

31.05 / 14:39

Blockchain Adoption defi Asset Tokenization Singapore to explore digital asset tokenization on public chains

The Monetary Authority of Singapore (MAS) has launched Project Guardian, a blockchain-based digital assets trial that will use tokenization. The project will include regulated financial institutions serving as "trust anchors," with a pilot involving JP Morgan, DBS Bank and Marketnode, the SGX joint venture for bonds.

31.05 / 14:35

China’s Economic Downturn Shows Signs of Easing

SINGAPORE—Economic activity in China declined for a third straight month in May, though at a slower pace than in April, according to surveys of businesses and factories.

31.05 / 13:07

Blockchain BLOCK Google Discover Taiwan is Most Interested in NFTs, Says NFT Club Research

Taiwan is where people are the most interested in non-fungible tokens (NFTs), according to research conducted by NFT Club.

31.05 / 13:07

Blockchain Digital Deal Blockchain Association Singapore and Statutory Board JTC Signs MOU Deal

Blockchain Association Singapore (BAS) and statutory board JTC have signed a Memorandum of Understanding (MOU) to collaborate in co-developing and nurturing a virtual blockchain ecosystem.

30.05 / 22:21

markets Ethereum Investments Trading Ethereum sell-off fears rise as crypto hedge fund moves $60M ETH to an exchange

Ethereum's native token Ether (ETH) rose by more than 5% to reach its intraday high above $1,930 on May 30. Nonetheless, the ETH/USD pair risks facing another sell-off round due to concerns about a massive ETH inflow into an exchange.

30.05 / 18:31

Ethereum Forecast MARKET Bitcoin analysts debate Weekly Bitcoin Funds See Weekly Inflows as Analysts Debate ‘Bounce’

Investment funds backed by bitcoin (BTC) and crypto once again saw inflows last week, as BTC extended a now 9-week-long losing streak. At the same time, some analysts are turning positive on the near-term outlook for bitcoin in particular, predicting a “bounce” to the upside in June.

30.05 / 17:53

Adoption Gaming play NFT Play-to-Earn Gaming Most Popular in India, Hong Kong, and UAE, Survey Finds

Play-to-earn (P2E) games based on non-fungible tokens (NFTs) are most popular in India, where a whopping 34% of internet users who participated in a survey said that they had played such a game.

30.05 / 14:47

UPS economic data China’s Slowdown Poses Credibility Test for Economic Data

SINGAPORE—A severe slowdown for China’s economy during a year of acute political sensitivity for Chinese leader Xi Jinping is testing the credibility of Beijing’s official economic data.

29.05 / 14:51

Blockchain cryptocurrency Venture Capital Future Cryptos crumble but VCs remain gung-ho on future prospects

According to a report compiled by financial services and investment management firm Galaxy Digital, Venture Capitalists (VCs) have invested over $10 billion in crypto startups in the first quarter of this year.

27.05 / 17:05

Blockchain Metaverse Meta Bitcoin BSV president urges Meta to store data for its metaverse on a public blockchain

While Meta has not yet launched its metaverse project, Bitcoin SV (BSV) Association President Jimmy Nguyen thinks that it would be better for the firm to store user data on a public blockchain.

27.05 / 11:41

Exchange scam Police Police Reportedly Looking into Allegations that a Terraform Staffer ‘Embezzled’ Funds

South Korean police could reportedly take over from the “Yeouido Grim Reaper” financial crimes investigation unit in the probe of Terraform Labs after “embezzlement” charges were leveled at an unnamed employee.

25.05 / 18:29

business Funding Venture Capital Singapore venture firm launches $100M Web3 and metaverse fund

Crypto-focused venture firm NGC Ventures has launched a new ecosystem fund dedicated to Web3 projects, underscoring heightened investor demand for startups that are contributing to the development of a decentralized internet.

25.05 / 05:31

Blockchain Digital CEO Platform Support Fireblocks Adds Support for TRON DAO’s TRX and all TRC20 Tokens

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

24.05 / 13:37

Blockchain Digital CEO Banks and exchanges invest in digital securities market ADDX

Regulated by the Monetary Authority of Singapore, ADDX uses blockchain and smart contract technology to tokenise and fractionalise private market opportunities such as pre-IPO equity, private equity and hedge funds, as well as bonds, reducing minimum investment sizes from US$1 million to US$10,000. The new shareholders will partner with ADDX on specific projects that will help the exchange expand into new business areas, geographies or market segments.

24.05 / 13:35

Blockchain Provident Digital CEO Singapore-based ADDX Raises $58m in Pre-Series B Round

Digital securities token exchange ADDX raised $58 million in a Pre-Series B round on Tuesday.

24.05 / 12:05

business Blockchain Adoption ADDX bags $58M to reduce min. private investment by 10x via smart contracts

ADDX, a blockchain and smart contract-based digital securities platform from Singapore raised $58 million from mainstream financial institutions to fund its goal of reducing minimum private investment sizes via tokenization and fractionalization.

23.05 / 20:15

Blockchain Software Bitcoin committee DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

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