Category: News

Sygnum, a digital asset technology group with a Swiss banking licence and a Singapore Capital Markets Services (CMS) licence, has received in-principle approval from the Monetary Authority of Singapore to conduct three additional regulated activities under its CMS licence. Upon obtaining full approval to conduct the additional activities, Sygnum will be able to leverage its… Continue reading Sygnum Singapore to enable fully-regulated tokenization solutions for the growing Web3 ecosystem

The cosmetics behemoth has registered trademarks for a slew of its properties, indicating that it intends to enter the virtual cosmetics market. With major corporations such as Microsoft and Apple foraying into the Metaverse, L’Oréal, the founder of the cosmetic company, is starting to plan to do so as well. On Feb 10, CoinDesk reported… Continue reading L’Oréal Prioritizes NFTs and the Metaverse

Every possible corner of the world is attempting to block the financial infrastructure of Russia amid its war with Ukraine. One such attempt was recently made by Ukraine, where it requested all the major crypto exchange platforms to ban Russian crypto users. The request was made by the Vice Prime Minister of Ukraine, Mykhailo Fedorov.… Continue reading Ukraine Receives an Answer to Its Request of Banning Russian Crypto Users

With non-fungible tokens (NFTs) continuously taking the world by storm, these digital assets are perfect for fashion in the metaverse, according to Amrit Dhami, a thematic analyst at GlobalData. She noted: “While there is significant uncertainty about what the metaverse will look like, we do know that it will be populated by avatars. Gamers already pay substantial… Continue reading NFTs to be Instrumental for Fashion Industry in the Metaverse, GlobalData Analyst Says

Mastercard, DBS Bank and Pine Labs have partnered to launch ‘Mastercard Installments with Pine Labs’ – a new program that allows DBS/POSB credit cardholders to pay via interest-free installments at merchants with the ‘Pay Later’ identifier, simply by presenting their DBS/POSB cards at checkout. Launching in March, the program will be accessible to all DBS/POSB… Continue reading Mastercard, DBS Bank and Pine Labs offer consumers a new payment option in multiple Asian cities

TL; DR Breakdown South Korea crypto market have surpassed $45 billion in value. The average daily transaction volume from 24 local exchanges sum to 11.4 trillion won. Government take part in the promotion of the South Korean crypto market. South Korea’s cryptocurrency market continues to grow at an astonishing pace, with the total value of… Continue reading South Korea’s crypto market tops $45B, study finds

Pendella Technologies, a fast-growing technology company on a mission to take the bias out of life insurance, announced the completion of $5.2 million in Series Seed-2 funding. Prominent insurtech venture capital firms American Family Ventures and MassMutual Ventures led the funding round, which will position Pendella to continue its disruption of the life insurance market. Other investors… Continue reading Pendella Technologies Raises $5.2M in Seed-2 Funding Led By Top Insurtech Investors

TL; DR Breakdown Ukraine receives over $17 million crypto donation The invasion of Russia in Kharkiv spikes groups of hackers As a show of support for the war-ravaged nation, crypto enthusiasts worldwide have banded together to donate millions worth of cryptocurrencies to the Ukrainian government. The donations received by the Ukrainian NGOs and government through… Continue reading Over $17 million raised in crypto for Ukraine’s war effort

Opera currently rides on the growth of 380 million users. It became the first browser to launch a Crypto wallet in 2018. There has not been a look back since then. It set a standard that is yet to be followed by others. DeversiFi has now announced that it has integrated with Opera Browser, another… Continue reading DeversiFi Integrates with Opera Browser