November 2, 2023 By Sharan Kaur Phillora Hong Kong’s blockchain gaming juggernaut, Animoca Brands, has netted US$50 million in funding from Saudi Arabia’s Neom Company, a venture underpinned by the Public Investment Fund. This financial handshake comes amidst a growing camaraderie between the two markets, aiming to bolster economic ties further. Here’s what we know: […]

November 1,2023 By Sharan Kaur Phillora The Monetary Authority of Singapore (MAS) has officially teamed up with financial regulators from Japan, Switzerland, and the UK to pilot digital asset projects. Announced on October 30, this collaboration includes the Financial Services Agency of Japan, the Swiss Financial Market Supervisory Authority, and the UK’s Financial Conduct Authority

November 1,2023 By Anjali Kochhar Memes are perhaps the one thing that cryptocurrency fans love more than digital assets in general. The increase in Bitcoin last week gave rise to a new wave of memes centered around cryptocurrency. The biggest cryptocurrency by market value, Bitcoin, gained more than 25% over the previous two weeks to

October 31, 2023 By Sharan Kaur Phillora Standard Chartered’s crypto security arm, Zodia Custody, has made its official entry into the Hong Kong market, marking a significant stride in its Asia-Pacific operations. The UK-based firm, established in 2020, is known for providing secure storage solutions for financial institutions delving into the crypto space. Here’s what

October 31, 2023 By Anjali Kochhar The blockchain technology is one of the most pioneering inventions in today’s world. Understanding the importance of accurate and timely knowledge exchange for businesses within this digital world, blockchain was designed to record transactions and keep track of business assets on an immutable ledger shared across networks. The traditional

October 30, 2023 By Sharan Kaur Phillora UBS Asset Management has taken a significant step in the blockchain domain by launching a pilot of a tokenized Variable Capital Company (VCC) fund in Singapore, marks a significant stride in financial innovation. This initiative is a part of the broader Project Guardian, spearheaded by the Monetary Authority

October 30, 2023 By Anjali Kochhar In the rapidly evolving world of cryptocurrency, staying one step ahead of potential threats is paramount. Where money is concerned, it is important to stay alert and on top of the new scams happening so one can protect their assets. With changing times, scammers are upgrading themselves and constantly

October 27, 2023 By Sharan Kaur Phillora Schroders CEO Peter Harrison is all in on blockchain technology, predicting a significant shakeup in the financial sector over the next five to ten years. In a press meeting on October 24, he compared the rise of blockchain to the early days of the internet, indicating that we are on

October 27, 2023 By Anjali Kochhar In the ever-evolving landscape of cryptocurrency and the emergence of WEB 3 communities, a groundbreaking initiatives known for benevolent effort has taken center stage. These humanitarian projects represent a novel application of blockchain technology, ushering in a new era in fundraising and charitable efforts. According to Mr. Vikram Subburaj,

October 26, 2023 In a resounding comeback, Bitcoin has catapulted above the $35,000 mark for the first time since May 2022, registering a surge of over 9% to reach $34,349.55, according to Coin Metrics. The digital currency made a remarkable late-night leap to a high of $35,113.29, marking its highest level in over a year.