Find out the latest cryptocurrency and NFT news in Singapore for the entire month of August 2022 only here at SGBusinessTalk.
Nature’s Vault Launches Gold-Linked Utility Token NVLT in the Polygon Ecosystem
Singapore-based Greentech company, Nature’s Vault, announced a strategic collaboration with Polygon Network, a leading Web3 protocol provider with a mission to develop innovative and impactful ESG investments that combat climate change.
Read more: https://cryptobriefing.com/natures-vault-launches-gold-linked-utility-token-nvlt-in-the-polygon-ecosystem/
Ukiss Technology Launches Hard Crypto Wallet to Secure Assets
Singapore Cryptography-based security startup Ukiss Technology launches a pocket-sized security device called Hugware designed to make crypto users less vulnerable to hackers.
Read more: https://coconuts.co/singapore/news/singapore-startup-launches-hard-crypto-wallet-to-secure-assets-hardware-ukiss-technology/
Asia’s Largest Web3 Event TOKEN2049 Hits 200 Sponsor Milestone
Asia’s premier crypto conference, TOKEN2049, has announced a new batch of title sponsors and speakers for its upcoming Singapore edition which will be running from 28 to 29 September.
Read more: https://news.bitcoin.com/asias-largest-web3-event-token2049-hits-200-sponsor-milestone-announces-new-headline-speakers/
Revolut Launches Cryptocurrency Exchange Services in Singapore
Revolut, a British Fintech firm, has launched a digital currency trading service in Singapore that will allow its users to buy, sell and hold as many as 80 different digital currencies.
Read more: https://blockchain.news/news/revolut-launches-cryptocurrency-exchange-services-in-singapore
Gemini Launches Crypto Staking Service in US, Singapore, Hong Kong
Major cryptocurrency exchange, Gemini, headquartered in New York, launched a staking program in US, Singapore, Hong Kong called “Gemini Staking”, which allows customers to lock up their assets within their accounts and earn rewards or interest.
Read more: https://blockchain.news/news/gemini-launches-crypto-staking-service-in-us-singapore-hong-kong
DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip
DBS, the largest bank in Southeast Asia, has benefited from the recent crypto market sell-off saying that the trading volume of its crypto exchange nearly doubled in July, compared to April.
Read more: https://news.bitcoin.com/largest-southeast-asian-bank-dbs-sees-crypto-trading-volumes-soar-as-investors-bought-the-dip/
Three Arrows Liquidators Get Singapore Nod to Probe Crypto Fund
Three Arrows Capital Ltd’s liquidators secured a court decision in Singapore giving them the authority to request access to any financial records the fund kept locally.
Read more: https://www.bloomberg.com/news/articles/2022-08-24/three-arrows-liquidators-get-singapore-nod-to-probe-crypto-fund
Crypto Lender Hodlnaut Fights Order to Transfer Balance Assets to Singapore Police
Hodlnaut, a cryptocurrency lender, is trying to fight a Singapore Police Force’s order to hand over the group’s balance assets of US$127.2 million (S$177.59) worth of stablecoins USD Coin (USDC) and Tether (USDT) to the SPF.
Read more: https://www.straitstimes.com/business/invest/crypto-lender-hodlnaut-fights-singapore-police-order-as-it-faces-opposition-to-judicial-manager-candidate
Cryptocurrency Exchange Crypto.com Enters South Korea via Acquisitions
Singapore-based cryptocurrency platform Crypto.com has announced its acquisition of two startups in South Korea — payment service provider PnLink and virtual asset provider OK-BIT.
Read more: https://techcrunch.com/2022/08/08/singapore-based-cryptocurrency-exchange-crypto-com-enters-south-korea-via-acquisitions/
MAS-Approved Crypto Firm Hires Former Public Officer to Run Singapore HQ
Mr Chin Tah Ang, who recently headed Digital Industry Singapore, a joint office between three Government agencies – the Economic Development Board (EDB), Enterprise Singapore and Infocomm Media Development Authority,.was appointed as general manager of Crypto.com’s Singapore office
Read more: https://www.channelnewsasia.com/singapore/cryptocom-cryptocurrency-chin-tah-ang-general-manager-headquarters-office-mas-2887216