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 […]
Tezos Activates Tenderbake Upgrade
Tezos, a proof-of-stake blockchain, has launched its ninth upgrade, which alters the protocol’s consensus process. The proof-of-stake blockchain’s consensus algorithm has been modified to improve block times and performance. The proof-of-stake blockchain has launched its ninth upgrade, which alters the protocol’s consensus process.The upgrade, code-named Ithaca 2, replaces the current consensus method, known as Emmy, […]
Turkish Prosecutor Demands Years Jail Time for Thodex Founder
Turkish prosecutors are demanding sentences totaling up to 40,564 years for 21 of the founders and executives of the crypto-exchange Thodex. The collapse of the exchange resulted in losses of TRY 356 million ($24 million). Thodex was a part of the boom that drew tens of thousands of Turks looking to protect their investments from […]