Category Archives: Singapore

Asia’s Crypto Trading Boom Collapses, but Profits Remain

Bitcoin Mules

At the point when China shut its digital currency trades before the end of last year, an underground system of bitcoin mules and shared stages jumped up to permit bitcoin exchanging to flourish, far from controllers’ careful gazes. Li, a Canada-based Chinese investor in his 20s, is one of these underground brokers. He purchases digital forms of money in different […]

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BitPay Raises $40M in Series B Funding for Asian Expansion

BitPay

BitPay, a blockchain installments organization, shut a Series B of $40 million, the organization reported. The money, as beforehand said by the startup, will go towards extending its global tasks. The principal stop for this extension will be Asia. BitPay named either Hong Kong or Singapore as its next potential market, as detailed by Recode. The round was driven by […]

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Qtum Aims to Make Southeast Asia the Silicon Valley of the Blockchain Space

Qtum

Southeast Asia is arguably the most dynamic part of the world economy – the region has to some extent become the workshop of the world. It is not surprising therefore to find its companies at the forefront of developments in the cryptocurrency sector. One of the rising stars of the industry is Qtum, based in Singapore. Singapore is a Mandarin […]

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Rate3 Wants to Empower a Truly Global Payment and E-commerce

Rate3

Bitcoin Press Release: SINGAPORE – Rate3 aims to create a new global e-commerce ecosystem that ties consumers, merchants, suppliers and other intermediaries together with a native cryptocurrency that facilitates all transactions efficiently, cheaply and quickly. The cross-borders e-commerce payment space today is far from perfect. Firstly, transaction costs and time — especially for cross-border payments — are excessive and inefficient. Secondly, there is no fully […]

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Brahma OS is the Decentralized Value Operating System Based on Blockchain Tech

Brahma

Bitcoin Press Release: SINGAPORE – The advent of blockchain technology is provoking a revolution of the Internet of Value. In the blockchain world, Ethereum, NEO, EOS and other blockchain-based computing platforms exploit land to run applications. On this land, a variety of application chain of different functions spring up, for example: Rebo network for cross-border payment, CVC with the function […]

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Public Sale Date Set for Social Engagement Innovator Making Waves in Blockchain World

Jet8

Bitcoin Press Release: A leader in social engagement innovation, announced the public sale date of their new utility token, the J8T. On the 28th FEBRUARY, Singapore-based JET8 will open the floodgates for what is expected to be a hugely popular public sale. The pre-sale phase was completed early having secured over 70% of the total token sale goal. This was due to […]

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Singapore Doesn’t Support the Cryptocurrency Ban

Bitcoin Singapore

There are currently two worlds. One has the nations that need to firmly manage the digital currency showcase, and the other has those that don’t have any desire to do it. Singapore’s Deputy Prime Minister, Tharman Shanmugaratnam, clarified that they don’t have expectations to boycott digital currencies. Mr Shanmugaratnam additionally deals with the Singapore Monetary Office (MAS). The Monetary Authority […]

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South Korean Bitcoin Exchange Goes Bankrupt, Singapore Warns Investors

Bitcoin Singapore Korea

South Korean bitcoin exchange Youbit is petitioning for bankruptcy after it was hacked for the second time this year. The move to announce indebtedness comes in spite of Youbit’s portrayal of the assault as less serious than an interruption last April. Clients may not see full return of assets, an announcement stated, however the trade will dispense the cryptographic money […]

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Bitcoin Breaches 8000, Asian Countries Recognize Advantages

Bitcoin Asia

Bitcoin saw an inversion of its low esteem and not just achieved its past highs. It has since seen its value bounce over the $8,000 mark with highs of $8,100, with various new records. The Bitcoin value has since retreated down to exchanging at 7,900-8,000 yet this seems to be impermanent. Of course, inquiries have emerged from this, and interest […]

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DBS SG Says Bitcoin is a Ponzi Scheme while Chicago Firm Eyes Singapore

DRW Singapore

DRW, a Chicago-based firm, is hoping to set up a bitcoin exchanging work area in Singapore to penetrate the digital money market in Asia. The firm has been dabbling with bitcoin since 2014 by means of its division Cumberland Mining, which as of now offers over-the-counter bitcoin exchanging services in Chicago and London. Bobby Cho, the head of Cumberland, disclosed that […]

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