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Crypto
Will Aptos Labs Redefine Japan’s Web3 Scene With New HashPalette Deal?
Aptos Labs has taken a step towards transforming Japan’s Web3 landscape by announcing its acquisition of HashPalette Inc., a key developer of the Palette blockchain. This move marks a…
Wormhole Gets Upbit Listing as Price Surges 25%: What Next?
Wormhole (W) has seen a dramatic spike in trading volume, reaching $500 million following its debut on the major South Korean exchange Upbit. The listing came amid an unfavorable market condition that saw liquidated million in the last 24…
This Week in Web3: Unlocking Blockchain’s Payments Potential
Blockchain is growing into a global innovation that transcends its initial association with crypto.
The auction house Christie’s, for example, recently announced that an upcoming collection of fine art photography will include…
HK’s Bank of East Asia tests stablecoin issuance using UDPN – Ledger Insights
Hong Kong’s Bank of East Asia (BEA) recently conducted a proof of concept (PoC) involving issuing stablecoins using the Universal Digital Payments Network (UDPN). It tested both the issuance and redemption of stablecoins (minting and…
Hong Kong shining as beacon of international arbitration
Hong Kong has long stood as a beacon of international arbitration, and its role has only grown more significant in the past year. This city, known for its vibrant business environment, has once again proven its resilience and…
New technologies in trading: A global overview from Octa Broker
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 2 October 2024 - Technology has changed financial markets a lot in recent years. It makes trading easier, faster, and more efficient. In this release, Octa looks at how technology is…
Peak XV Partners: Peak XV downsizes its $2.85 billion fund by 16% a year after Sequoia US-India…
Venture capital firm Peak XV Partners has downsized its $2.85 billion fund by 16% more than a year after it split from Silicon Valley heavyweight Sequoia Capital. Peak XV’s eighth India and Southeast Asia-dedicated fund, among the largest…
USDC Stablecoin Set to Enter Australia And Asia Pacific With New Partnership
Circle has announced an expansion of its USDC stablecoin operations into Australia and the Asia Pacific region, marking a stride in its global strategy. This development comes through…
Russia’s central bank to probe crypto-linked cross-border transfers, banking channels
The Bank of Russia is planning to investigate cross-border crypto transfers by residents, focusing on banking channels to assess the volume of crypto-related operations.
Russia‘s central bank will conduct an investigation into cross-border…
Metaplanet Acquires Additional ¥1 Billion in Bitcoin, Expanding Holdings to 506 BTC
TLDR
Metaplanet acquired 107.913 Bitcoin worth ¥1 billion ($7 million)
The firm now holds approximately 506 BTC, valued at $32 million
Metaplanet continues to buy Bitcoin monthly despite market fluctuations
The company views…