Tagged: singapore

XinFin Integrates Bancor Protocol to Provide Continuous Liquidity

XinFin Fintech Pte. Ltd, a Singapore-based Blockchain platform targeting global trade and finance, has integrated with the Bancor Protocol to provide continuous liquidity for the XinFin platform. XinFin says it has developed a sca​lable, secure, permissioned and commercial grade hybrid Blockchain architecture by forking JP Morgan’s Quorum. The… Read More

GIFTO to Leverage DATx’s Ability to Discover Fake Nodes within GIFTO Blockchain

GIFTO, a blockchain based gifting platform, has announced a partnership with DATx that will enable GIFTO to use DATx’s ability to discover fake nodes within the GIFTO blockchain, remove and eliminate them from the root cause before any of the fake nodes can cause damage…. Read More

Fintech Chat App Consentium Secures $10 Million Through ICO Sale & Launches in Asia

Consentium, a Singapore-based multi-digital currency and group monetization chat application, announced this week it has secured $10 million from its private ICO sale, which was launched on 25 January. The company reported that the funding will be used to drive expansion across Asia, including priority… Read More

LATTICE80 Signs MoU With Nanyang Polytechnic to Launch Fintech Experiential Attachment Program

Global Fintech Hub LATTICE80 announced on Wednesday it has signed a memorandum of understanding (MoU) with Nanyang Polytechnic mid last year in 2017 to offer a first-of-its-kind fintech experience programme for its year 1 and 2 students. This news comes just as Lattice80 prepares to launch… Read More

Symbiosism Economy Foundation Joins The Singapore FinTech Association

The Symbiosism Economy Foundation (SEF) announced on Tuesday it has become a member with voting rights of the Singapore FinTech Association (SFA), a cross-industry, non-profit association that aims to be a platform for collaboration between all market participants and stakeholders in the financial technology ecosystem. Established in… Read More

LATTICE80 will Launch Initial Coin Offering Private Sale this Month, Token “KAYA” Part of Plan to Connect Fintech & Blockchain Startups Globally

Singapore based Fintech Hub LATTICE80 will begin their Initial Coin Offering (ICO) at some point this month (March). The ICO will commence with a private sale for approved investors. LATTICE80 will issue “KAYA” tokens as part of its vision to connect Fintech and Blockchain startups globally… Read More

High Speed Blockchain Zilliqa Adds Two Smart Contract Experts as Advisors

Speedy blockchain platform Ziliqa has added smart contract technology experts Dr. Ilya Sergey and Evan Cheng to their advisory board. Ziliqa is a project founded by researchers at the National University of Singapore and is designed to address the transactional shortcomings in most of the Blockchain… Read More

Singapore based Fintech Hub LATTICE80 Opens R&D Operation in South Korea

Marvelstone Group backed Global FinTech Hub LATTICE80 has opened a Research and Development (R&D) operation in South Korea, according to a note from the company. Joe Seunghyun Cho, Founding CEO of LATTICE80 and Chairman of Marvelstone Group, said that South Korea has become one of… Read More

New York Fintech trueEX Expands: Opens New Office in Singapore

trueEX, a New York-based electronic, CFTC-regulated exchange for interest rate swaps, announced on Tuesday it has opened a Singapore office to provide trading access for interest rate swaps denominated in 28 currencies, including 11 in the Asia-Pacific region. The company reported that on the back of significant volume growth, dealer… Read More

CoAssets Updates on Financial Results for End of Year, Reports Revenue Growth of 471%

CoAssets Limited (ASX:CA8), a crowdfunding and Fintech lending platform for businesses reported its financial and operating results for the half year ended 31 December 2017. CoAssets operates a licensed, Singapore based crowdfunding platform as well as an online funding platform in China as part of a… Read More

In Advance of Initial Coin Offering, LATTICE80 Adds Former South Korea Senator as Advisor

Singapore based Fintech Hub LATTICE80 has enlisted Sang Min Kim to the company’s Board of Advisors. Kim was previously a Senator in South Korea and interestingly a committee member of the National Policy Committee overseeing regulatory bodies. Kim was the youngest senator in the ruling party,… Read More

Singapore Fintech Texcent Receives Remittance License From Monetary Authority Singapore

Texcent Asia, a Singapore-based payments company, announced on Tuesday it has received remittance license from Monetary Authority Singapore (MAS). The company powers financial platform Paycent, which is described as a company that’s dedicated to delivering fully integrated mobile applications and aims to be the global leader in… Read More

SelfKey Plans KyberNetwork Cryptocurrency Exchange Integration

  SelfKey, a blockchain-based digital identity system, has announced plans to integrate KyberNetwork crypto currency exchange service  to provide ETH-based tokens exchange within the SelfKey Wallet. SelfKey states that both companies are completely committed to the integration that will lead the SelfKey Identity Wallet users to… Read More

Valentine’s Day Crypto Art Sells for $1 Million on GIFTO

“A rose by any other name would smell as sweet” As we reported last week, GIFTO has partnered with artist Kevin Abosch in the creation, and sale, of a digital valentine. The “Forever Rose” art was sold for $1 million in cryptocurrency to a group… Read More

FUSION Reports $110 Million in Ether via ICO, Nailed Cap in Just 24 Hours

FUSION has announced that it has successfully completed its initial coin offering (ICO) having raised 126,000 Ether, worth about $110 million, in just 24 hours. FUSION reported that its token offering was oversubscribed by 2.5X with investors seeing their contributions returned that went over the… Read More

Singapore and Egypt Work to Boost Fintech as Monetary Authority of Singapore and Central Bank of Egypt Sign Co-operation Agreement

The Monetary Authority of Singapore (MAS) and the Central Bank of Egypt (CBE) have announced a cooperation agreement to boost Fintech innovation between the two countries. MAS has initiated many of these bilateral agreements and is core to their strategy of being a global Fintech… Read More

Monetary Authority of Singapore Tells Financial Institutions to use Fintech to On-Board Customers

Financial technology of Fintech is the future. Physical branches are going away. Recently, at the Paris Fintech Forum, Jay Sidhu stated that if banks do not shrink their bank branches by 90% they will disappear. Think about that for a minute (especially if you work… Read More

MAS Regulated Peer to Peer Lender Crowd Genie Announces Initial Coin Offering

Crowd Genie Financial Services Pte Ltd, regulated by the Monetary Authority of Singapore (MAS), has announced an initial coin offering (ICO) via their related entity CGSPV Pte. Ltd. The peer to peer lender states that it intends on issuing 60 million Crowd Genie Coins, or… Read More

SelfKey Pauses Airdrop to Address “Community Concern” Over Private Key Usage

The SelfKey token Airdop has pushed pause as some users have expressed concern over the private key usage in the SelfKey wallet. SelfKey announced they were pausing the Airdrop in order to address this community concern. SelfKey is a Blockchain based digital identity system that allows… Read More

Largest Cryptocurrency Exchange in Japan Hacked, Reports Indicate Over $500 Million Stolen from Coincheck [u]

Numerous reports are indicating leading cryptocurrency exchange Coincheck has experienced a serious security breach. Estimates indicate that over $530 million in digital currency may have been stolen or about 58 billion yen of the virtual currency. Coincheck, based in Tokyo, has reported the “illegal outflow… Read More

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