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A new crypto startup Neoclassic Capital founded by former employees from Goldman Sachs, BlockTower raised funding from Marc Andreessen, Chris Dixon, and Jeff Vinik. A pair of alumni from banking giant Goldman Sachs, BlockTower Capital secured funding for their new…
Asia-based Bitcoin investors face market volatility as automated trading bots react to data from U.S. Bitcoin ETFs, potentially influencing market swings. In Asia, Bitcoin investors are navigating through turbulent market swings, allegedly influenced by automated trading bots reacting to data…
Family offices in Asia are increasingly focusing on digital assets, with many planning to increase their investments in this sector. According to a Feb. 19 article from Nikkei Asia, Zann Kwan, the managing partner and chief investment officer at Revo…
Layer-1 blockchains Klaytn and Finschia have received approval from their governance members to merge.
With the lack of regulatory clarity and willingness to work with the blockchain in the US, migration to the EU and APAC regions will continue to trend.
Klaytn Foundation and Finschia Foundation propose a merger to create a joint ecosystem, with a new mainnet and a token. In a press release on Jan. 16, Klaytn Foundation and the Finschia Foundation announced their plans to create a joint…
Here, we look at the current state of cryptocurrency regulations and talk to experts on what to expect in 2024. As we step into the new year, analysts expect to see a surge in regulatory clampdowns in the crypto space.…
BingX, a leading global cryptocurrency exchange based in Singapore, has named Vivien Lin as its new Chief Product Officer in a Dec. 5 post.
Harvest Global Investments partners with Meta Lab HK to launch a tokenized U.S. dollar bond fund on Nov. 23. According to a Nov. 22 post on X, Harvest Global Investments (HGI), an investment firm under Harvest Fund Management, collaborated with…
Wintermute Asia, a branch of the algorithmic trading firm Wintermute Group, has executed its first options block trade through CME Group, marking a significant collaboration between crypto and traditional financial markets.
As regulatory challenges in the U.S. still remain, CoinFund is now seeing capital moving out of the country to Asia. CoinFund, a New York-based cryptocurrency investment firm, has expanded its services in Asia with a new hire as regulatory challenges…
Hong Kong-based institutional cryptocurrency asset custodian Hex Trust has been approved to provide virtual asset custodial services to institutional clients and investors in Dubai. The firm, which opened its office in Dubai in June 2022, has been awarded a full…
The Virtual Asset Management Bill lays the foundation for categorizing virtual assets and outlining the operational guidelines for exchanges within the country. On Oct. 25, legislators in Taiwan introduced a Virtual Asset Management Bill to the Legislative Yuan, the country’s…
The Hong Kong Monetary Authority (HKMA) works on two CBDC-related projects, MBridge and e-HKD. The central banks of Hong Kong, China, Thailand, and the United Arab Emirates, along with HMKA, are working on developing mBridge, a cross-border central bank digital…
The world of web3 is constantly evolving, and Asia is leading the blockchain innovative waves across a range of industries, including sports, gaming, art, and finance.
Investigating crypto scams around Tether’s stablecoin, journalist Zeke Faux uncovers a large human trafficking ring in Cambodia. Crypto scams and exchange hacks are becoming almost a regular occurrence in the digital assets space. But a recent revelation from Bloomberg’s investigative…