Cryptocurrency Analysis and News Portal
Digital asset custodian First Digital Trust has secured funding to bring crypto asset payment services and upgrades to the Asia Pacific region.The Hong Kong-headquartered company has raised $2.15 million in a convertible note funding round led by private investors including Asian venture studio Nogle. The total funding for the firm
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As prices for bitcoin and other cryptocurrencies continue to surge this year, many traders are looking for any indicator for when – or if – the bull market will come to an end. Some are convinced they have the answer: They are examining polkadot (DOT), the native token of the
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Bitcoin’s hashrate bounced 30% Wednesday from quarterly lows on Nov. 2 as miners brought ASIC machines back online after relocating them out of China’s Sichuan province as the wet season ended in late October, as CryptoX previously reported. Bitcoin’s mining difficulty registered a record-setting percentage decrease on Nov. 3 – the
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Bybit’s evolution into a global powerhouse that ships new products at a dizzying rate has been a gradual one, but it’s picking up pace.Bybit has reiterated its commitment to the Asian crypto market with the largest expansion of its fiat gateway to date. 20 new currencies have been added to
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Building Cities Beyond (BCB) Blockchain, a Singapore based tech solution company for smart cities, has launched an innovation grant, worth $15 million, to encourage development on its ecosystem, according to Fintech News Singapore.This innovation grant comes as the company announced partnerships with leading accelerators in Asia to incubate selected projects.Targeting
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Thai fintech DeeMoney has deepened its integration with blockchain-based financial services network RippleNet, further consolidating Ripple’s presence in Asia.As the first non-bank institution in Thailand to sign on to RippleNet, DeeMoney already processes inbound transfers using the blockchain network along remittance corridors in the Middle East and Gulf Regions,
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Legacy Trust's digital asset division has plans to create the first settlement layer in Asia for institutional investors trading both fiat and cryptocurrencies.First Digital Trust (FDT) announced Friday that its new rapid settlement and clearing network (RSCN) will provide custodian clients, including some of Asia's most prominent over-the-counter desks and
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Cryptocurrencies are making gambling on the world’s most popular sport easier, sports authorities suggest.Asian soccer has seen a sharp decline in match-fixing over the last six years, according to the Asian Football Confederation (AFC) in a Reuters article dated Feb. 14. However, the illegal gambling which has historically driven
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A number of cryptocurrency-related conferences across Asia are being delayed in response to the regional coronavirus outbreak.TOKEN2049, a major crypto event held annually in Hong Kong, is the latest one to postpone its conference. Originally scheduled for mid-March 2020, TOKEN2049 will now instead be taking place on October 7-8,
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Lightnet, the company behind the Velo Protocol, recently raised $31.2 million in a Series A round.The funding was led by major financial and business groups including UOB Venture Management, Seven Bank, Uni-President Asset Holdings, HashKey Capital, Hopeshine Ventures, Signum Capital, Du Capital and Hanwha Investment and Securities, according to a
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