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Tag: $400 Million

Entrust Finalises Acquisition of Onfido – Fintech Singapore

by Fintech News Singapore April 11, 2024 Entrust, known for its trusted payment and data security solutions, has finalised its acquisition of identity verification company Onfido. This...

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Bitcoin ETF fever sends BTC to heights not seen since May 2022

Bitcoin prices experienced a sharp increase on Tuesday, reaching a peak of $35,066 before slightly pulling back to settle near $34,500 by 6:30 p.m....

Russian hackers may be behind FTX hack: Elliptic

Part of the US$400 million worth of digital assets stolen last November from the bankrupt FTX cryptocurrency exchange may have ties to Russian cybercriminal...

Sam Bankman-Fried planned to raise money from Saudi Crown Prince, Ellison testifies

Former Alameda Research co-CEO Caroline Ellison spent all day Wednesday on the stand in her second day in court in the criminal trial of...

9 Southeast Asian Startups Named Among World’s Top 100 Fintechs of 2023 – Fintech Singapore

Market intelligence platform CB Insights has announced its selection of this year’s top 100 most promising private fintech companies in the world.Of this year’s...

Top 10 Most Well-Funded Indian Fintech Companies as of September 2023 – Fintech Singapore

Fintech funding in India continued its downward trend this year, carrying on a trend that started in 2022 as rising interest rates, fears of...

JPMorgan’s U.K. bank Chase bans payments linked to crypto

Chase, the U.K.-based digital bank subsidiary under JPMorgan Chase, told customers Tuesday in an email that it will ban U.K. clients from making crypto-related...

Coinbase and Wall Street: the merging worlds of TradFi and crypto

In this issueCoinbase ventures into crypto lendingNFTs: Losses pile upSingapore’s president-elect: What’s next for crypto?From the Editor’s DeskDear Reader,The more things change, the more...

A Dark but necessary time for NFTs is here

Yuga Labs celebrated the Mutant Ape Yacht Club’s two-year anniversary this past weekend, taking over part of Miami and showing the world how the...

KASIKORNBANK in Talks to Buy Home Credit Vietnam for US$1B – Fintech Singapore

Thailand’s KASIKORNBANK (KBank) is reportedly mulling the acquisition of consumer finance provider Home Credit Vietnam for up to US$1 billion, according to a Reuters...

Huobi updates crypto holdings on data platforms amid insolvency rumors

Crypto exchange Huobi has contacted multiple data platforms to update its cryptocurrency holdings, following market talk that the exchange might face an insolvency issue...

Huawei and bKash to Advance Financial Inclusion in Bangladesh in line with SDGs

In the bustling nation of Bangladesh, home to a vast population, a digital transformation has taken the nation by storm as the mobile financial...

Singapore’s Alchemy Pay eyes South Korea expansion with US$10 mln funding

Alchemy Pay, a payment platform that links businesses to cryptocurrency payments, is eyeing expansion in South Korea following its US$10 million funding from a...

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