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Singapore-based payments firm MetaComp has partnered blockchain company Stable to integrate Stable’s network into its StableX platform, as regulated fintech players continue to test whether stablecoins can be used reliably for cross-border payments beyond pilots and proofs of concept. MetaComp, which is licensed by the Monetary Authority of Singapore (MAS) as a Major Payment Institution,…
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Singapore has been ranked among the world’s most advanced digital asset markets, according to the Global Digital Assets Report 2025, released during the Singapore FinTech Festival. The study, published by the Global Finance & Technology Network (GFTN) with research and editorial support from consultancy Arthur D. Little, highlights Singapore’s continued leadership in financial innovation and…
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OCBC has launched a US$1 billion digital US commercial paper (USCP) programme using blockchain technology, enabling near-instant settlement of short-term US dollar funding. The Singapore bank said the move marks the first time a USCP issuer has used blockchain across the entire lifecycle of the securities, covering issuance, settlement, record-keeping and servicing. The new programme…
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Coinbase announced the opening of its Engineering Hub in Singapore, a strategic move aimed at enhancing the city-state’s blockchain ecosystem and strengthening Coinbase’s presence in the Asia-Pacific (APAC) region. Supported by the Singapore Economic Development Board (EDB), the Engineering Hub seeks to nurture local developer talent and encourage blockchain innovation. The new Engineering Hub will…
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Seedly, a leading personal finance management platform, partnered with Coinbase to conduct a survey on the views and sentiments of Singaporeans towards cryptocurrencies in 2024. The Pulse of Crypto in Singapore report highlights key insights into cryptocurrency ownership, preferences, and the evolving landscape in Singapore. “We believe the optimism towards crypto is partly based on…
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Check Point Research issues a warning on a sophisticated NFT scam targeting over 100 popular token projects. The scam involves deceptive airdrops leading to fraudulent websites, tricking victims into connecting their wallets and giving attackers access to funds. What you should know The intricate nature of the exposed NFT airdrop scam emphasizes the critical need…
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Blockchain platform aelf is making strides in cross-chain interoperability through a key collaboration with ChainsAtlas. This partnership aims to enable decentralized applications (dApps) from various blockchains to seamlessly migrate and integrate into the aelf blockchain, breaking down silos between different blockchain ecosystems. What is cross-chain? It means making different blockchains able to talk to each…
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TL;DR: Handcrafted luxury smartphone brand, VERTU, debuts its METAVERTU 2 at Token2049 Singapore, the premier crypto-focused event in the region. This cutting-edge smartphone boasts a decentralized operating system (DOS) prioritizing security, catering to blockchain and Web3 enthusiasts. The device introduces an “unhackable” Secure Element (SE) chip and other innovative features, setting a new standard for…
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TL;DR: Adyen, the global financial technology platform, achieves a significant milestone by issuing over two billion active network tokens. This advancement underscores Adyen’s commitment to driving innovation in network tokenization, a process that transforms standard card numbers into secure, non-sensitive tokens. This technology not only bolsters security but also leads to a remarkable increase in…
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TL;DR: aelf, a high-performance Layer 1 blockchain, introduces aelf Ventures, accompanied by an Ecosystem Fund of $50 million. This strategic move aligns with aelf’s vision for a decentralized Web3 future, emphasizing investments in pioneering projects and teams driving the transition from Web2 to Web3. The initiative also nurtures innovative blockchain endeavors within the aelf and…
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