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An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S. dollar, to remain dependent on the greenback. Malaysia Prepares
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Nexon recently announced plans to use a private Polygon supernet for its MapleStory universe to meet all requirements for seamless gameplay. South Korean gaming giant Nexon has tapped Polygon for the Web3 integration of its MapleStory Universe. According to reports, the Tokyo-headquartered video game publisher seeks to run a Polygon supernet to support
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During a fireside chat at the Outer Edge conference in Los Angeles Siu said that among major international game publishers and their 400 portfolio companies, those located in Japan, Korea, Hong Kong and across Southeast Asia are far more active in discussing, building and embracing technologies such as non-fungible tokens
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Huawei Cloud partnered with Polygon, Deepbrain Chain, and others to bring its metaverse-inspired agenda to fruition. Huawei Cloud recently launched the Metaverse and Web3 Alliance to further the adoption of decentralized technology in East Asia. The cloud arm of the Chinese multinational tech corporation partnered with several blockchain players to bring this initiative
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Tencent, the Chinese software and tech company, has announced its metaverse suite of services designed to target Asian markets. The company revealed that it will revamp its media offering with its new “metaverse-in-a-box” proposal, which aims to facilitate the task of building virtual worlds for third-party companies. Tencent to Focus on
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By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). After Bitcoin’s incredible rally to $25,000 last week, Bitcoin is currently consolidating around $24,500. Amongst the
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Bitcoin experienced the second-strongest January in its history — and the best since 2013 — rising nearly 40% amid wide reports that institutional investors were back on board.Zhong Yang Chan, head of research at CoinGecko, told Cointelegraph that there were “net institutional inflows into digital asset funds in January 2023,
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Data shows most of Bitcoin’s recent gains since November 27 have been observed during Asian trading hours, according to a report. Bitcoin Saw The Most Returns During Asian Trading Hours As per the latest weekly report from Arcane Research, Asian trading hours saw positive cumulative BTC returns of around 16% between November
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Experts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower Asia’s reliance on the greenback. The initiative comes against the backdrop of an expanding digital yuan pilot, and after recent trials of cross-border payments with state-issued digital currencies in the
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Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset management firm came shortly after the crypto exchange had exited the Chinese market. Lin’s Arrest in 2020 a Key Event for
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