Blockchain/Bitcoin
What is A Digital Currency and Why They Are The Real Revolution
Technology is transforming payments, and one of the most widely talked about innovations in this regard has been digital currencies. Despite its growing dominance in international headlines, many who are unfamiliar with the scene find themselves asking “what is a
Read More3 Indirect Ways to Invest in Bitcoin
Bitcoin has established itself among investors as a formidable commodity in the last few years. While questions remain about its long-term purpose and just how much it could ultimately be worth, it has proven that it’s here to stay. As
Read MoreCrypto Hedge Funds AUM Doubled in 2019
In 2019, cryptocurrency-focused hedge funds’ assets under management (AUM) doubled to US$2 billion, and the average per fund jumped to US$44 million from US$21.9 million the prior year, according to a research by PwC and digital asset investment firm Elwood
Read MoreTencent’s WeBank to Support IMDA Backed Singapore Blockchain Accelerator
Tencent’s WeBank and OpenNodes a deep tech ecosystem platform backed by IMDA and powered by Tribe, have joined hands to offer the financial blockchain platform, FISCO BCOS, as an ‘innovation playfield’ to technology students and academics in Singapore The move
Read More3 Reasons Why Privacy is Important While Transacting in Cryptocurrencies
Although Bitcoins were considered to be one of the safest methods to protect privacy, several questions have been raised on it. In the earlier days of cryptocurrencies, users did not pay much attention to behind the scenes while transacting in
Read MoreHong Kong’s First Cypto Fund Eyes US$ 100 Million Fund Size
Arrano Capital, which is the blockchain arm of Venture Smart Asia Limited, today announced the launch of Hong Kong’s first regulated virtual asset fund. The fund, which tracks the price of Bitcoin, provides Professional Investors (as defined under the Securities
Read MoreAnt Financial Opens Consortium Blockchain Platform to SMEs and Developers
Ant Financial announced the launch of OpenChain, a blockchain platform that enables small and micro enterprises (SMEs) and developers to tap into Ant Financial’s proprietary consortium of blockchain technologies and deploy blockchain-powered smart contracts and decentralized apps (DApps) with higher
Read MoreFormer UBS APAC CEO Joins Digital Asset Firm Diginex
Diginex, a digital asset financial services and advisory company, has hired financial services stalwart Mr. Chi-Won Yoon as Chairman of Asia. Mr. Yoon has more than three decades of experience in financial services, with a career that has spanned investment
Read MoreCoolBitX Raises $16.75M In Series B Funding Led By SBI Holdings
CoolBitX, has successfully secured $16.75 million in a Series B funding round. According to their statement, the funding will help provide FATF-compliant solutions to virtual asset service providers (VASPs) around the world through their service, Sygna. The funding round, led
Read More4 Applications of Blockchain Technology
Blockchain technology is based on peer-to-peer topology and it encompasses a series of immutable records of data that is managed by thousands of computers around the world, not owned by any single entity. The biggest advantage of blockchain technology is
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