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Fintech
No one should be surprised at the collapse of the crypto exchange FTX – not even at how many people were surprised. Despite the novelty of the assets, the narrative of the crypto crisis was established long ago
7 Dec 2022
Fintech platform Airwallex has appointed Kai Wu as chief revenue officer (CRO) and Asia-Pacific general manager, as it aims to accelerate growth in the region and globally in 2023.
6 Dec 2022
Recent events in the technology sector suggest that investors and lenders should be demanding a premium to cover the risk that a star entrepreneur will become an egomaniacal dictator. With each business cycle, it seems, old lessons must be relearnt
6 Dec 2022
In the wake of the collapse of crypto currency trading platform FTX, a top Singaporean official says no regulation can truly safeguard against the collapse of the untested asset class. “Cryptocurrencies themselves are highly volatile and have no intrinsic value,” says Singapore’s deputy prime minister Lawrence Wong. “Those who trade in cryptocurrencies must be prepared to lose all their value. No amount of regulation can remove this risk.”
5 Dec 2022
Private sector initiates explores how tokenized securities, wholesale CBDC could operate
5 Dec 2022
J.P. Morgan Private Bank has announced a strategic investment in Edge Laboratories and Evooq to strengthen its digital investment capabilities for ultra-high-net-worth clients across Europe, the Middle East, Latin America and Asia.
2 Dec 2022
James Footh has 30 years of experience in real estate, data centre infrastructure
2 Dec 2022
Microsoft Hong Kong and Lenovo PCCW Solutions have formed a strategic partnership to help organizations in Hong Kong accelerate digital transformation and drive business growth, thereby fostering the city’s evolution into a smart city and hub for the Greater Bay Area (GBA).
1 Dec 2022
Digital infrastructure provider Equinix is entering the Malaysia market with an initial investment of US$40 million to build a new data centre in Johor.
1 Dec 2022
Insurance technology firm Igloo has raised an additional US$27 million in an extension of its Series B funding round, bringing the total capital raised for the round to US$46 million.
1 Dec 2022
MetaComp, a Singapore-based digital asset exchange, has received a licence from the Monetary Authority of Singapore (MAS) to provide digital payment token services as a major payment institution.
1 Dec 2022
With a storyline full of celebrities, politicians, sex and drugs, the future looks bright for producers of feature films and documentaries about the astonishing collapse of FTX. But, to paraphrase Mark Twain, rumours of the death of crypto itself have been much exaggerated
29 Nov 2022
Thanks to FTX's collapse, the world may have woken up to the grim reality that the crypto “industry” is nothing but a get-rich-quick lie, wrapped in hype, bobbing on an ocean of libertarian technobabble. Will anyone do something about it?
28 Nov 2022
Immediately after taking over Twitter and pronouncing himself “chief twit”, Elon Musk affirmed his commitment to safeguarding the platform as the “public square” where anything and everything is debated. It was a smart tactic, because it successfully diverted the public’s attention from what Musk is really up to
27 Nov 2022
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