SeaX Ventures Launches $60M Tech Fund
Southeast Asia Exponential Ventures (SeaX) has closed a $60 million fund to invest in technology firms, including blockchain and Web 3.0 which will aid the expansion of global startups throughout southeast Asia. The fund focuses on firms who are working on truly transformational opportunities in areas such as blockchain and web3, food tech, biotech, and […]
People’s Bank of China Expands Digital Yuan to More Cities
The People’s Bank of China has announced that 11 more cities would participate in its digital yuan program. Some of these cities’ residents have already begun to use digital yuan wallets. The People’s Bank of China, China’s central bank, will expand its digital yuan pilot program to 11 more locations, adding to the CBDC’s already-considered list […]
AJMS Group Announces Partnership Deal With Coinfirm
AJMS Group, a homegrown solution provider, Remitex Technologies Limited. (RETL) has announced a deal with Coinfirm to offer Crypto AML screening. Remitex Technologies Ltd. (RETL), an AJMS Group Entity, has been at the forefront of introducing solutions designed for the present and future as a homegrown AML solution provider. The danger of end-users – particularly […]
Axie Infinity’s Ronin Bridge Hacker Begins The Transfer Of Stolen Ethereum
The attacker(s) behind the largest crypto theft ever recorded have begun to move some of the stolen Ethereum through anonymous services. The stolen Ethereum linked to the Axie Infinity Ronin bridge hack has reportedly been discovered to have some movement on the blockchain address. Several transactions have been made from the suspect Ethereum address in […]
SEC Insists Crypto Companies Should Account For Related Risks
The United States SEC suggests that crypto companies should clarify the mission of their activities and disclose all risks to their users. The US Securities and Exchange Commission (SEC) has advised local enterprises that provide crypto services to explain to their clients the dangers connected with such operations. The agency cautioned investors to exercise extreme […]