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“# Indonesian crypto exchange Pintu raises $35M in Series A ” Pintu, Indonesia’s first mobile native cryptocurrency wallet and trading platform, has raised $35 million from some of blockchain’s biggest venture funds — putting the company on track to expand its team and product offerings in the near future. The Series A was led by…
“# 43% of Singaporeans own crypto, according to Independent Reserve survey ” Cryptocurrency adoption is growing in Singapore, especially among younger generations looking to capitalize on the generational wealth potential of Bitcoin (BTC) and other digital assets, according to a new survey conducted by Asia-Pacific cryptocurrency exchange Independent Reserve. Forty-three percent of the polled respondents…
“#Several Asian countries hit hard by first major COVID surges” BANGKOK — Several countries around Asia and the Pacific that are experiencing their first major surges of the coronavirus rushed to impose tough restrictions, a year and a half into a pandemic that many initially weathered well. Faced with rapidly rising numbers of infections in…
“#17 dead and 40 rescued after Philippine military plane crashed” MANILA, Philippines — A Philippine air force C-130 aircraft carrying troops crashed in a southern province after missing the runway Sunday, killing at least 17 military personnel while at least 40 were rescued from the burning wreckage, officials said. Defense Secretary Delfin Lorenzana said rescue…
“#Indian social media drags Gucci for $3,500 kaftan” Time to raid Grandma’s closet. Gucci has found itself in the hot seat once again as South Asian shoppers have taken to social media to blast the brand for cultural appropriation — this time for hawking a $3,500 floral tunic that some have said look identical to…
“# Singapore’s biggest bank launches crypto trust solution ” DBS Private Bank, one of the biggest wealth managers in Asia outside China, has launched a cryptocurrency trust solution amid growing demand for digital assets. After setting up its own crypto exchange in December 2020, the Singaporean banking giant is now expanding its crypto services via…
“# From cypherpunk to state contracts: the changing face of blockchain ” Blockchain continues to occupy an unusual space in the contemporary tech sphere, with concepts such as “decentralization,” “transparency” and “immutability” continuing to slide between a purely technical meaning and a more overtly politicized one. Certain blockchain advocates — at least, those still steeped…
“# Digital Currency Group backs South Korean crypto exchange operator ” Digital Currency Group, the venture capital firm behind some of the biggest companies in blockchain, has become the second-largest shareholder of Streami, a leading cryptocurrency exchange operator in South Korea. Barry Silbert, founder and CEO of Digital Currency Group, explained his rationale for backing…
“# Uzbek presidential agency proposes legalizing domestic crypto trading ” A major governmental agency in Uzbekistan seems to be rethinking its stance on cryptocurrencies. The National Agency for Project Management under the President of the Republic of Uzbekistan, or NAFT, issued an official document proposing several amendments to licensing procedures for crypto trading. NAFT proposed to…
“# New ASEAN blockchain consortium targets cross-border cooperation ” Blockchain associations from Australia and five Southeast Asian nations are joining forces to promote blockchain development and education. Blockchain organizations from Australia, Singapore, Malaysia, Thailand, Indonesia and the Philippines signed a memorandum of understanding Thursday to promote blockchain collaboration in the Asia Pacific, Business Times reports….