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August 2022

Samsung Securities Files Paperwork to Launch A Crypto Exchange

Samsung Securities Files Paperwork to Launch A Crypto Exchange

Seven major domestic securities companies in South Korea have filed to launch their own cryptocurrency exchanges in the country. Local newspaper NewsPim reported the new development on Monday. According to NewsPim, Samsung Securities, Mirae Asset Securities, and five other giant brokerage companies have applied for preliminary approval to operate an exchange within the first-half of 2023. Mirae […]

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Australia to Stocktake Crypto Holdings Ahead of Regulation

Australia to Stocktake Crypto Holdings Ahead of Regulation

Australia intends to do a virtual stocktake of cryptocurrency assets held by its citizens, the new executive power in Canberra announced this week. The move is viewed as an indication that the center-left government plans to regulate the country’s crypto space. Treasury Embarks on ‘Token Mapping’ to Underpin Crypto Regulation in Australia As part of

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Asia Blockchain Association – Protem Members

Asia Blockchain Association – Protem Members

Asia Blockchain Association – Protem Members We witnessed the incoming PRO-TEM committee of ASIA BLOCKCHAIN ASSOCIATION on the 28 July 2022 at ZOUK SINGAPORE, CLARKE QUAY. ASIA BLOCKCHAIN ASSOCIATION (ABA) founded in June 2022, aims to be a beacon as an advocate of blockchain technology which encourages its members and wider community to leverage on

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Australian bank to scrap loans for new diesel and gasoline cars as country looks to increase EV uptake

Australian bank to scrap loans for new diesel and gasoline cars as country looks to increase EV uptake

KEY POINTS While there will be no more loans for new combustion engine vehicles — including hybrids — from 2025, Bank Australia will continue to provide them for used ones. Australian government says it’s “significantly behind the pack when it comes to electric vehicles.” According to the International Energy Agency, electric vehicle sales hit 6.6

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Bitcoin Website Editor Hodlonaut Receives Almost M in BTC as Craig Wright Case Looms

Bitcoin Website Editor Hodlonaut Receives Almost $1M in BTC as Craig Wright Case Looms

Hodlonaut, who is set to appear in a Norwegian court next month, has already raised 52.679 bitcoin and $30,000 in donations. A prominent member of the Bitcoin community said in a tweet they had received a 47 bitcoin ($1 million) donation ahead of a defamation court hearing involving nChain Chief Scientist Craig Wright. The pseudonymous

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BendDAO contract now has only 15 ETH left to pay lenders

BendDAO contract now has only 15 ETH left to pay lenders

Many nonfungible tokens (NFTs) that were used as collateral in the platform have defaulted without any bids. Lending protocol BendDAO has run out of Wrapped Ether (wETH) in its contract. At the time of writing, the contract only has 15 wETH to pay lenders and an estimated 15,000 Ether (ETH) left to be paid to lenders. Researcher

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SAMSUNG SECURITIES JOINS GIANT BROKERAGES IN BITCOIN, CRYPTO EXCHANGE PUSH: REPORT

SAMSUNG SECURITIES JOINS GIANT BROKERAGES IN BITCOIN, CRYPTO EXCHANGE PUSH: REPORT

Samsung Securities, Mirae Asset Securities and five other giant brokers have filed to launch cryptocurrency exchanges in South Korea in 2023. Seven large domestic securities companies in South Korea are seeking approval to operate cryptocurrency exchanges. Two companies are listed by name in the report: Mirae Asset Securities and Samsung Securities. The institutional digital asset

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NFT Transactions Projected to Hit m by 2027 amid Metaverse Trend

NFT Transactions Projected to Hit $40m by 2027 amid Metaverse Trend

Non-fungible token (NFT) transactions are expected to reach $40 million by 2027 as the metaverse trend continues to gain steam, according to a report by Juniper Research. The study noted that a 66.6% growth would be recorded during the forecast period. Per the report: “NFT transactions will rise from 24 million in 2022 to 40 million by

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