Hong Kong to boost funding, investor pool for fintech startups
Hong Kong will increase funding for startups, including fintech companies, Secretary for Commerce and Economic Development Algernon Yau said on Tuesday.
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Why DAOs need a more accountable governance model
Many DAOs suffer from voter apathy and are hobbled by too much decentralization. What can help DAOs make better decisions?
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Markets: Bitcoin, Ether prices fall; Dogecoin, Shiba Inu bull run continues; BNB gains
Bitcoin and Ether prices fell in Tuesday morning trading time in Asia, while memecoin Dogecoin and Shiba Inu had the biggest gains among the top 10.
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India shortlists nine banks to start CBDC trial from Nov. 1
India’s central bank, the Reserve Bank of India (RBI), will pilot the country’s first digital rupee in the wholesale segment (e₹-W) from Nov. 1 and has identified nine banks for participation in the trial.
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Web 2.5 is new Web 3.0, says co-founder of blockchain VC firm Kenetic Capital
A hybrid middle ground between Web 2.0 and Web 3.0 is necessary before full Web 3.0 integration, argued Jehan Chu, co-founder and managing partner of blockchain venture capital firm Kenetic Capital, adding that “it’s not the fully decentralized future we were promised, but it’s the one we’re going to get first.”
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Singapore’s digital marketplace Alta buys Hg Exchange
Singapore-based Alta, a digital marketplace for alternative investments, has acquired private digital securities exchange Hg Exchange (HGX) for an undisclosed amount.
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Hong Kong announces policies to win back role as digital asset hub
Hong Kong reveals digital asset policies to distinguish itself from China, where cryptocurrency trading was banned in September last year.
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Digital yuan prioritizing privacy, crime prevention, PBOC governor says
Privacy protection is “top on our agenda,” but combating crime is equally important for the digital yuan, central bank governor Yi Gang said at the Hong Kong Fintech Week.
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Markets: Bitcoin, Ether fall; DOGE leads losses across top 10 crypto
Bitcoin fell in evening trade in Asia along with almost all other top 10 cryptocurrencies by market capitalization, excluding stablecoins, with the sole gain seen in Polkadot’s uptick.