Moe Tengku

We are absolutely chuffed to be back to TOKEN2049 and be a Golden sponsor of the world’s largest crypto event! Let’s meet in Singapore on September 18-19th at Marina Bay Sands and talk about how WhiteBIT can make a difference to your digital assets strategy.  #whitebit #token2049 #digitalassets #marketmaking #tokenlisting #cryptolending #algotrading

51

Lasanka Perera, our CEO, shared with The Edge Singapore that he views the U.S. SEC's approval of spot #Bitcoin #ETFs as a major breakthrough for the crypto industry. This development has significantly heightened Bitcoin's demand, as major wealth management firms now actively promote Bitcoin investments. He also pointed out that while institutions may favour ETFs for ease of management, Bitcoin's global, non-stop operation makes it a superior choice for certain investors. Read more here: https://lnkd.in/gytJFcnx

46

The collapses of Celsius, FTX, and BlockFi in 2022 painfully highlighted the risks of poor digital asset custody. Many investors suffered losses due to mismanagement and lack of segregation by these exchanges when managing client's funds. At BlockByte, we prioritise security by using Fireblocks custody, which offers up to $42.5M in insurance per client account. Fireblocks meets the highest SOC II security standards and is rigorously audited by EY. When investing in digital assets, ensuring your funds are properly segregated and protected is crucial. If you'd like to learn more about our secure custody solution, feel free to reach out. #cryptocustody #digitalassets #assetprotection #familyoffice #wealth #cryptocurrency #Bitcoin

1

Play Ventures, a global venture capital firm focused on early-stage investments in the gaming industry, has secured $140 million for its third gaming fund. This latest fund marks the largest raised by the Singapore-based firm, increasing its total assets under management to $450 million. “Software may have eaten the world, but mobile has swallowed our time whole. People now live on their phones—spending hours a day engaging with social media, apps, and, most notably, games,” said Henric Suuronen, founding partner at Play Ventures, in a statement. “Mobile gaming is one of the most dynamic arenas of our time, presenting massive, untapped potential. With Fund III, we’re investing in a new wave of billion-dollar games and interactive experiences, supercharged by the transformative power of AI.” “Integrating gaming mechanics into everyday apps is just the first step. There’s a ton of user engagement and value that can be unlocked by taking learnings from the entire f2p gaming playbook that has been perfected over decades, including meta design, live ops, economy design, and monetization”, said Phylicia Koh, Partner at Play Ventures. “Our playable apps investments in Arya, Ahead, Benjamin and Bible Chat are testaments of how this approach can drive significant growth and reshape user experiences.”

54

2 Comments

Sekuya Partners with Flokifi to Lock $1.15 Million Worth of SKYA Tokens, Strengthening Ecosystem Commitment Strategic Token Locking: Sekuya has locked $1.15 million worth of SKYA tokens (50 million SKYA) in Flokifi for one year, demonstrating a strong commitment to ecosystem stability and long-term project development. Strengthening Trust and Confidence: By locking a significant portion of its tokens, Sekuya aims to build trust and confidence among investors and the broader crypto community, showcasing its dedication to a sustainable and thriving ecosystem. Synergy with $FLOKI: The partnership with $FLOKI leverages the innovative financial mechanisms of $FLOKI, aligning Sekuya with a platform known for supporting high-growth crypto projects and fostering strong community engagement. Read more on: https://lnkd.in/g347F3WW

10

How Stablecoins Can Protect Business and People From Dishonest Governments - PART TWO. | Amarachi Amaechi continues as moderator for this panel at #LDNBlockchain24

11

3 Comments

Remy Blaire is joined by Peko Wan, Co-CEO at Pundi X to discuss the gradual adoption of crypto as a genuine asset class. How will we see businesses and governments integrate crypto into everyday life as international markets begin to embrace crypto? They discuss the methodology for the ranking crypto indexes around the world and how countries are utilizing defi protocols. FINTECH.TV

15

Announcement: Token2049 Side Event - DePIN Night @ One&Co We are excited to announce that DePIN Night @ One&Co will be the first TOKEN2049 side event hosted at One&Co! In conjunction with the major Web3 event TOKEN2049 happening in Singapore, One&Co members DEA and GGG will be organizing this event, featuring case studies from global DePIN projects, networking opportunities, and a mini Ideathon. We look forward to seeing you there! •Date: Thursday, September 19, 2024, 16:00-20:30 •Venue: One&Co •Register here: https://lu.ma/idjf8hkh DePIN: The Key Trend of 2024 DePIN (Decentralized Physical Infrastructure Networks) represents the fusion of Web3 and the sharing economy, evolving concepts like Uber and Airbnb. For Web3 developers, DePIN is a crucial tool to bring blockchain technology into real-world applications, while for established businesses, it offers a solution to push DX (Digital Transformation) to the next level. This event will introduce some of the world’s leading DePIN projects, alongside participation from major Japanese companies. Not only will it showcase the latest case studies, but it will also foster the creation of new ventures. We will hold a mini ideathon to spark new ideas and create moments of serendipity. This is a prime opportunity to explore the potential of DePIN and uncover new business possibilities. DEA and GGG, the event organizers, are spearheading the “Pictore” project, a collaboration between DePIN and gaming. “Pictore” is well known for being developed in partnership with Tokyo Electric Power Company, Japan’s largest electric utility. ＜Event Overview＞ ①6:30-18:00 Case studies from global DePIN projects ・Helium: A decentralized wireless network enabling node operators to earn token rewards by providing physical infrastructure. ・mawari: A Web3 project focusing on decentralized cloud rendering for AR/VR content distribution. ②18:30-20:30 Networking & Mini Ideathon ＜What is DePIN?＞ DePIN (Decentralized Physical Infrastructure Networks) refers to the next-generation infrastructure network that combines Web3 with the sharing economy. It is a key concept for businesses seeking to drive their digital transformation forward. We look forward to your participation in this exciting event!

3

Singapore’s Stablecoin Payments Approach Record $1 Billion Singapore is reportedly growing increasingly fond of stablecoin payments. Payments with the digital assets during the second quarter hit a record high of nearly $1 billion in the city-state, Bloomberg News reported Wednesday (Sept. 11), citing data from Chainalysis. Merchants use stablecoins because of “efficiency and low cost,” said Chainalysis Cybercrimes Research Lead Eric Jardine. The data showed that stablecoin payments in Singapore came to around $161 million in the second half of last year. Stablecoins, designed to hold a steady $1 value and backed by cash/bond reserves, are chiefly used for cryptocurrency trading and, as Bloomberg notes, are sometimes criticized for their popularity in underworld circles. However, they account for a tiny fraction of actual payments, dwarfed by methods such as retail cards — $56.2 billion in Singapore in the second half of last year — Bloomberg said. Singapore — one of the world’s most digitally-engaged countries, per PYMNTS Intelligence research — has been working to establish itself as a hub for digital assets. A report earlier this year by Coinbase and Seedly found that 57% of Singapore’s “finance-forward” residents own cryptocurrency, with most of those interviewed having invested between $1,000 and $25,000. “We are encouraged by the results of the recent survey in Singapore that underscore both the rising interest in cryptocurrency and staking, further solidifying our conviction that decentralized technologies have the power to broaden access to financial services and represent the future of finance,” Coinbase wrote in a blog post. PYMNTS wrote recently that stablecoins show promise as a way to streamline cross-border transactions, especially in the B2B sector. “It’s important to know that crypto is not just bitcoin and Doge and NFTs,” Sheraz Shere, head of payments at Solana Foundation, told PYMNTS in May. “… Blockchains are really alternative rails for payments and financial assets.” “An issue has been that the technology has not been user-friendly,” Shere added. “It’s all been designed by engineers … to be very tech-centric and not use case or UX centric.” Traditional methods of international payment like wire transfers, can be slow, expensive and saddled with regulatory hurdles, that report noted. But stablecoins offer a more efficient alternative, with nearly instant transactions, lower fees, and fewer intermediaries. “Because stablecoins are pegged to a stable asset, businesses can use them to conduct transactions without worrying about currency fluctuations that could affect the final amount received or paid,” PYMNTS wrote. News credit PYMNTS #news #fintechnews #fintech #finance #crypto

1

🚀 Sui: A Strong Competitor to Solana in the Gaming Sector 🎮 Sui is rapidly emerging as a major player in blockchain, particularly in gaming, thanks to its cutting-edge technology and market potential. Here are some key highlights: Highlights: • 🌟 Grayscale’s trust launch has boosted Sui’s ecosystem momentum. • 📈 Sui’s price jumped 15%, signaling strong investor interest. • 🎮 Demand is high—Sui’s gaming device sold 1,500 units swiftly. • ⚡ Sui claims to be 6x faster than Solana, offering superior transaction speeds. • 🌐 Exploring internetless transactions, targeting the unbanked market. • 🖨️ Decentralized 3D printing within Sui is a game changer. • 💰 Sui’s lower fully diluted market cap compared to Solana signals growth potential. Key Insights: • 📊 Growing Ecosystem: Sui’s partnerships and expansion, particularly in gaming, could rival Solana’s dominance. • 🔥 Tech Superiority: Faster transaction speeds make Sui ideal for gaming and dApps. • 🎮 Gaming Leadership: With partnerships like Square Enix, Sui is making waves in Web3 gaming. • 🌍 Financial Inclusivity: Internetless transactions could reshape crypto access for the unbanked. • 🖨️ 3D Printing Integration: Decentralized printing adds to Sui’s versatile ecosystem. • 💡 Community Engagement: A vibrant and engaged community will drive further innovation. Sui’s growth trajectory makes it a compelling platform to watch. #Web3 #Blockchain #Gaming #Tech

1

Introducing Pyth Network, Silver Sponsor at TOKEN2049 Singapore. Pyth Network secures smart contracts with reliable, low-latency market data from institutional sources such as Jane Street, CBOE, Binance, OKX, and Bybit. Learn more about Pyth Network at pyth.network

4

✍️ Post and Earn $50 - Exclusive for Vietnamese Creators on Binance Square! 💰 📣 Create content based on weekly themes specified, and the top 3 creators with the highest-quality content will receive a $50 reward in token vouchers (convertible to tokens)! 📆 Duration: June 19, 2024 - July 16, 2024 ⚠️ Follow these steps to participate: ❗️ Step 1: Follow Binance Vietnam's channel on Square at https://lnkd.in/gNUdik64 ❗️ Step 2: Share the official announcement post (on Square or any platform). ❗️ Step 3: Create content. Every Monday, Binance will announce a new theme for the week, and creators are required to create posts or content that meets the criteria outlined here https://lnkd.in/g-JRwm6h 🛑 Announcement of Results and Award Distribution: 🏆 Expected result announcement dates for each week: ✅ Week 1: Expected on June 28 ✅ Week 2: Expected on July 5 ✅ Week 3: Expected on July 12 ✅ Week 4: Expected on July 19 #Coinbay #BinanceSquare #Write2Win #Binance

5

🌟Kima 🤝 Fathom🌟 Thrilled to introduce our recent synergy with Fathom Protocol - a decentralized liquidity platform where users can deposit XDC tokens or RWA collateral and a liquidity protocol where users can deposit XDC tokens or RWA collateral and borrow Fathom’s stablecoin FXD. 📢In this partnership… 🔥Fathom’s protocol will incorporate Kima Network’s interoperability functionality into the Fathom ecosystem to enable its users to make seamless, secure transactions across multiple blockchains. 🔥Kima will enhance Fathom’s RWA ecosystem liquidity by creating a single source of liquidity agnostic to different assets and chains. 🤩How are we going to do that? ✅Take a look at our partnership article here: https://lnkd.in/eVuZej39

69

3 Comments

At Devcon in Bangkok, blockchain researcher Justin Drake introduced an exciting new vision for Ethereum (ETH) with the proposal of the Ethereum Beam Chain (EBC). This ambitious upgrade aims to consolidate some of the most critical advancements in the network, creating a more powerful and efficient Ethereum ecosystem. Read the full story on the CryptoWeekly website using our link below. #cryptocurrency #crypto #ether #ethereum

3

The Crypto Tax Calculator team are thrilled to announce that we’ll be attending the DA List event hosted by Blockchain APAC! 🚀 We look forward to connecting with industry leaders, innovators and fellow enthusiasts. See you there! 👋 #DigitalAssets #Blockchain #BlockchainAPAC

7