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Home Monthly Roundup Singapore Cryptocurrency and NFT News Roundup August 2022

Singapore Cryptocurrency and NFT News Roundup August 2022

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

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

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 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 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

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 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 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

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 

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

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

 

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