Tagged: singapore

Fast Blockchain Zilliqa Creates $5 Million Grant Program to Boost Development Using Their Technology

Zilliqa, a company that has created a scalable blockchain designed to be used at the enterprise level, has announced the creation of a new grant program for developers building applications on their platform. The “Zilliqa Ecosystem Grant Programme” is now providing $5 million to teams and… Read More

Sentinel Protocol Raises US$27M & Partners with Bibox Exchange

Sentinel Protocol, a crowdsourced threat intelligence platform built on the blockchain, has not only signed a partnership with Bibox Exchange but announced a $27M funding windfall. Bibox has agreed to deploy Sentinel Protocol platform to protect its users but list Sentinel Protocol’s UPP token. “Exchanges are… Read More

Republic Protocol Says it Will Allow 3rd Parties to Create Dark Pools of Crypto

Republic Protocol shared last week that it would now allow third-party developers to build and operate their own independent decentralized dark pools for the trading of cryptocurrencies on their platform. The Singapore based company says it will “operate like an open source entreprise” where others… Read More

Decentralised Accessible Content Chain Says Private Token Sale Oversubscribed within Hours

The Decentralized Accessible Content Chain (DACC) project is reporting that it has received solid backing from both institutional and individual investors for its private token sale, which was said to be oversubscribed within a matter of hours. The private sale was scheduled to run from… Read More

The Monetary Authority of Singapore & Department of Economic Affairs in India Sign MOU on Fintech

The Monetary Authority of Singapore (MAS) and the Department of Economic Affairs in India have signed a Memorandum of Understanding (MOU) to further Fintech cooperation between the two countries. Singapore has an extended history in establishing bilateral relationships regarding its pursuit of Fintech growth.  The… Read More

LATTICE80 Announces Foundation to Provide Free Blockchain Training Programs to Singapore Students

LATTICE80 has announced the creation of a non-profit foundation to offer free Blockchain education programs to local students in Singapore. Joe Seunghyun Cho, co-founder and Founding CEO of LATTICE80, said that out of many sectors they see huge opportunity for Singapore to play an important… Read More

Huobi Group Launches Digital Asset Index with Huobi 10

Huobi Group has launched th Huobi 10 Index or “HB10,” an index designed to track 10 well-known digital assets with largest market value and most liquidity. By measuring the overall performance of those digital assets that are traded against USDT on Huobi Pro, HB10 seeks… Read More

KPMG and MAS Schedule Second Global Fintech Hackcelerator for the 2018 Singapore FinTech Festival, Accepting Applications Now

For the second year running, KPMG Digital Village and the Monetary Authority of Singapore (MAS) will be organizing the Global FinTech Hackcelerator for the 2018 Singapore FinTech Festival. According to KPMG, this year’s program will focus on 80 problem statements in the following 4 categories:… Read More

Crypto Exchange Huobi Says it Intends to Make Vietnam a “Strategic Fortress”

Huobi.Pro, a cryptocurrency exchange, says it wants to make Vietnam a strategic fortress. The comments came during a keynote speech at the Blockchain Festival Vietnam. Huobi claimed an annual turnover of $850 million in 2017 – so it is pretty big. While some jurisdictions have… Read More

Singapore Warns Eight Cryptocurrency Exchanges, MAS Halts Single Initial Coin Offering

The Monetary Authority of Singapore (MAS) has issued a warning to eight cryptocurrency exchanges operating in Singapore. The notice told the exchanges NOT to facilitate trading in digital tokens nor future contracts without the explicitly authorization by MAS. The warning targeted security tokens and it… Read More

Grab Forms Partnership With Maybank For New E-Payment Services

Singapore-based ride-hailing company Grab announced on Tuesday it has teamed ups with Malayan Banking Bhd (Maybank) to launch a new cashless payment method known as the GrabPay mobile wallet. This news comes just a couple months after Grab announced the launch of its new financial services… Read More

Fintech Firm Flywire Teams Up With SP Jain For New Student-Led Singapore-Based Startups Competition

Flywire, a fintech firm that provides global payment and receivable solutions for education, healthcare, and commercial enterprises, announced this week it has partnered with SP Jain School of Global Management to launch a startup competition, the Flywire Challenge, to power a new generation of transformative entrepreneurship in Singapore and the APAC… Read More

Huobi Group Appoints Chris Lee, Former CEO of OKEx as VP of Global Business Development

Singapore based Huobi Group, a crypto exchange and blockchain solutions provider, has appointed the former OKEx CEO, Chris Lee as Board Secretary and Vice President of Global Business Development. Lee will be leading Huobi Group’s global M&A strategy and oversee the development of international teams…. Read More

Indorse Partners with ICOCrunch to Drive ICO Project Transparency

Indorse, a blockchain-powered social network for professionals, has partnered with ICOCrunch, an independent research platform that showcases ICO projects. Through this partnership, Indorse will help ICOCrunch add an “additional layer of legitimacy” to projects on the platform. Once a project has been verified through Indorse,… Read More

LATTICE80 Announces Plans to Launch Crypto Exchange For Institutional Investors

LATTICE80 announced on Tuesday it is currently planning to launch Crypto Exchange exclusively for institutional investors. According to LATTICE80, the new exchange will be catered to Institutional Investors and it will have a market-making engine to provide liquidity to other exchanges and funds. While sharing more details… Read More

Personal Finance Platform Seedly Acquired by ShopBack

​ S​eedly​, a personal finance management platform, has been acquired by ​ShopBack​, a “lifestyle portal” that enables smarter purchase decisions. ​Both companies are based in Singapore. Cashback received an investment of USD $40 million in November 2017 and this is the first acquisition announcement since… Read More

Singapore Seeks to Accelerate Utilization of Artificial Intelligence in the Financial Sector

The Monetary Authority of Singapore (MAS) has announced that it is working with a consortium of agencies to accelerate the utilization of artificial intelligence (AI) in the financial services sector. MAS has always sought to keep Singapore at the forefront of Fintech innovation and encouraging… Read More

Singapore Fintech CredoLab Secures $1 Million Investment from Global Venture Firm Walden International

CredoLab, a Singapore-based fintech provider of mobile-based alternative credit scoring solutions for banks, consumer finance companies, and retailers, announced on Thursday it secured a $1 million investment from established global venture capital firm Walden International. Established in 2016, CredoLab is headquartered in Singapore was previously backed… Read More

Monetary Authority of Singapore Announces Third Edition of the Singapore Fintech Festival to Be Held November 2018

The Monetary Authority of Singapore (MAS) announced on Tuesday that the third edition of the Singapore Fin Festival will be held on November 12th through the 16th. The organization reported that this year’s festival will include two new “elements,” which are the following: ASEAN FinTech Showcase:… Read More

Marvelstone Group Launches Smart City Innovation Lab in Singapore

Marvelstone Group has announced the opening of the “Smart City Innovation Lab” in the Central Business District (CBD) of Singapore. The Smart City Innovation Lab is said to facilitate the development of joint venture projects with Banks, Corporates and Governments. It will focus on three… Read More