Singapore fintech Nium turns unicorn, topping US$1 billion in valuation
SINGAPORE (BLOOMBERG) – Singapore’s Nium, a payments start-up serving businesses, became a rare fintech unicorn in the city-state after raising more than US$200 [...]
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Joint fintech and innovation festival returns in November with focus on sustainability and climate change
SINGAPORE – An event in Singapore for tech professionals will explore ways for businesses to tap opportunities in Asia at its next edition [...]
China's share of bitcoin mining slumped even before Beijing crackdown, research shows
FILE PHOTO: A Chinese flag is seen among representations of Bitcoin and other cryptocurrencies in this illustration picture taken June 2, 2021. REUTERS/Florence [...]
Cryptocurrency trading volumes slump 40% in June, data shows
FILE PHOTO: Representations of the Bitcoin cryptocurrency are seen in this illustration picture taken June 7, 2021. REUTERS/Edgar Su/Illustration/File PhotoLONDON (Reuters) – Trading [...]
Cryptocurrency firm Bullish to go public in $9 billion SPAC deal
(Reuters) – Cryptocurrency company Bullish announced on Friday it had agreed to go public on the New York Stock Exchange through a merger [...]
Wirecard's India unit sold to Temasek-backed Nium
SINGAPORE (THE BUSINESS TIMES) – Wirecard’s insolvency administrator has sold off another Asian entity of Wirecard – this time to Nium, the cross-border [...]
NFT sales volume surges to $2.5 billion in 2021 first half
LONDON (Reuters) – The market for non-fungible tokens (NFTs) surged to new highs in the second quarter, with $2.5 billion in sales so [...]
Singapore slips to 4th place in global fintech ranking but keeps top spot in Asia-Pacific
SINGAPORE (THE BUSINESS TIMES) – Singapore has fallen one rung to fourth place in this year’s Global Fintech Rankings. And while it still [...]
Bitcoin struggles to regain ground after plunging on China crackdown
LONDON/HONG KONG (Reuters) -Bitcoin strained on Tuesday to climb away from a two-week low touched a day earlier when China’s central bank reaffirmed [...]
Bitcoin recoups some losses in Asia after plunging on Chinese crackdown
(Adds dollar signs in 2nd paragraph, dropped word to quote in 6th paragraph)A representation of the virtual cryptocurrency Bitcoin is seen in this [...]