Asia

October 2, 2018 @ 10:30 am By JD Alois  |  

A note from UK based investment crowdfunding platform Volpit indicates they have been acquired by Zion Capital. Deal terms were not revealed. Volpit was launched in 2014 by Patrick O’Flaherty and Simon Oberman, and received full FCA approval, but struggled to gain traction in the UK… Read More

October 2, 2018 @ 10:10 am By JD Alois  |  

BitMEX (Bitcoin Mercantile Exchange), a sophisticated cryptocurrency trading platform, has hired Angelina Kwan as its new Chief Operating Officer. Kwan was previously Managing Director and Head of Regulatory Compliance for Hong Kong Exchanges and Clearing Limited (HKEX). Kwan also spent eight years working at the Securities and… Read More

October 1, 2018 @ 4:52 pm By JD Alois  |  

As we reported last week, Coinbase has announced a process where any and all altcoins can apply to list and trade on the growing Coinbase platform. Currently, the application process is free and Coinbase aptly notes that accepted crypto will be regulatory compliant and only… Read More

October 1, 2018 @ 10:23 am By Cali Haan  |  

A self-regulatory group created to sustain Japan’s cryptocurrency sector is tightening rules on how much cryptocurrency exchanges are allowed to store in “hot wallets” connected directly to the Internet, Japan Times reports. The change is being advised about two weeks after hackers stole $60 million… Read More

October 1, 2018 @ 9:09 am By JD Alois  |  

First Circle, a Philippine Fintech, is expected to announce a new credit facility for SMEs nationwide. This new facility has gained the support of the Philippine Department of Trade and Industry (DTI) and the Bangko Sentral ng Pilipinas (BSP). First Circle is an online lender… Read More

September 29, 2018 @ 12:43 pm By JD Alois  |  

Samoyed Holding Limited, a China based Fintech, has filed to trade shares on the New York Stock Exchange. Samoyed is one of a growing number of Chinese Fintechs seeking a listing on a US exchange. The Form F-1 has been filed with the Securities and… Read More

September 29, 2018 @ 11:18 am By Xu Gao  |  

Bitcoin Mining Giant Bitmain Goes Public in Hong Kong On September 26th, Bitmain, a Beijing-based Bitcoin mining giant, finally disclosed its IPO prospectus to be listed on the Hong Kong Stock Exchange. CICC will serve as the sole sponsor. According to the prospectus, Bitmain’s net… Read More

September 28, 2018 @ 7:31 pm By Samantha Hurst  |  

Singapore-based cryptocurrency services platform Ethos announced on Friday it has formed a partnership with Voyager Digital, a new and licensed crypto-asset broker to develop a crypto trading and purchasing platform. According to the duo, Voyager Digital will be utilizing Ethos Bedrock as a self-custody option and integrating… Read More

September 27, 2018 @ 2:40 pm By Cali Haan  |  

Lourdes Miranda, an independent financial intelligence analyst/financial crimes investigator, and Ross Delston, a lawyer specialized in anti-money laundering, have told the Asia Times that they believe North Korea (DPRK) is probably using cryptocurrency channels to skirt US sanctions. “International criminals everywhere prefer crypto-currencies and the… Read More

September 27, 2018 @ 11:37 am By Cali Haan  |  

Xinhua News has confirmed that citizens in China are using various types of evasion to continue investing in ICO’s and crypto despite a comprehensive ban there. Essentially, the crackdown has pushed Chinese crypto activity underground: exchanges have moved off shore, there has been a boost in… Read More

September 27, 2018 @ 10:46 am By Erin Hobey  |  

The Blockchain Trust Accelerator (BTA), a global platform for harnessing blockchain technology to solve social impact challenges, has created The Impact Ledger, an online registry of social impact blockchain projects, which span the nonprofit, public, and for-profit sectors. “Blockchain technology is emerging at a time… Read More

September 27, 2018 @ 10:34 am By Samantha Hurst  |  

Singapore-based ride-hailing company Grab has reportedly secured an e-money license for mobile wallet service in the Philippines.  This news comes just a few months after Grab announced it has teamed up with Malayan Banking Bhd (Maybank) to launch a new cashless payment method known as the GrabPay… Read More

September 26, 2018 @ 10:21 am By Cali Haan  |  

Google will reduce the extent of its ban on cryptocurrency ads this October by allowing regulated crypto exchanges to advertise on the platform to US and Japanese audiences only, CNBC reports. In the spring and early summer of this year, Google, Facebook, Twitter and SnapChat… Read More

September 26, 2018 @ 9:11 am By JD Alois  |  

  Mind Fund, a Hong Kong based VC company, has partnered up with Hedera Hashgraph to launch the first accelerator dedicated to Hedera’s iteration of blockchain. Helix Accelerator, based in Hong Kong, will seek to build Dapps exclusively built on Hedera’s platform. Mind Fund also participated… Read More

September 26, 2018 @ 9:03 am By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform CRYPTO.com announced on Wednesday its new advisory board.  The inaugural advisory board members are as follows: Antoine Blondeau: Founder and Managing Partner at Alpha Intelligence Capital Rob Bier: Founder and Managing Partner at Trellis Chien-Liang Chou: VP Engineering at Flexport Chris Corrado: Group Chief Operating Officer… Read More

September 25, 2018 @ 4:51 pm By JD Alois  |  

Mt. Gox, the infamous cryptocurrency exchange (really a Bitcoin exchange) that went bankrupt in 2014 due to mismanagement and theft, is getting closer to settling at least some of the claims that stand against it. Today, the bankruptcy trustee published a document indicating BTC 24,658.00762 and BCH … Read More

September 25, 2018 @ 10:43 am By Cali Haan  |  

A local division of Japan’s Finance Ministry has given the company Tech Bureau two days to explain the causes of and company response to a $60 million hack on the Zaif crypocurrency exchange that took place last weekend. On Friday September 14th, hackers spent two… Read More

September 24, 2018 @ 7:09 pm By Cali Haan  |  

The CEO of Korean crypto exchange Coinnest, who is reportedly already on trial for embezzling customer funds, has now been indicted for taking a bribe to list a controversial crypto coin called S Coin, Korea IT Times reports. The CEO of S Coin has also… Read More

September 24, 2018 @ 3:13 pm By Samantha Hurst  |  

Bitmain Technologies, a China-based consumer-grade ASIC miner, announced last week the launch of its ASIC chip BM1391 for mining cryptocurrencies using the SHA256 algorithm. According to Bitmain, the  ASIC SHA256 algorithm acceleration chip integrates more than a billion transistors and is optimized for maximum efficiency. It… Read More

September 24, 2018 @ 12:52 pm By Cali Haan  |  

Support has been snowballing for a young woman attempting to live exclusively on .21 Bitcoin (about $1300) for 21 days in crypto-hostile China, Bitcoin.com reports. He Youbing’s experiment is being documented by a Chinese subscription channel, and 17 episodes of Bitcoin Girl 21 Days Digital Survival… Read More