ENTERPRISE

Move-to-earn App STEPN to Land in Hong Kong's Cyberport

Move-to-earn app STEPN announced that it is opening an office in Hong Kong despite COVID-19 restrictions and a tough regulatory environment.

Singapore's DBS Bank Expects to Expand Crypto offering for High-net-worth Clients

Singapore’s DBS Bank said it still plans to expand its cryptocurrency and digital asset business and provide cryptocurrency and digital asset services to 300,000 high-net-worth clients in Asia.

Wave Financial Acquires Swiss-based Criptonite Asset Management

A US-based regulated digital asset investment management firm makes its first acquisition in Europe. The acquisition paves the way for Wave Financial to make further expansion globally.

Esports, Web3 Firm Ampverse Expands into the Philippines

With the expansion, Ampverse plans to invest more than 100 million pesos in the Philippines' local gaming and esports ecosystem.

Alchemy Snaps Up ChainShot as its First Acquisition

Blockchain infrastructure service provider, Alchemy has announced the acquisition of ChainShot, a crypto education platform to help complement its plethora of crypto-focused offerings.

Bitcoin Miner Argo Updates Computing Power to 3.2 EH/s at the end of 2022

U.K.-based publicly traded cryptocurrency miner Argo Blockchain said on Wednesday it plans to update its year-end computing power from 5.5 EH/s to 3.2 EH/s by the end of 2022, a drop of 41.8%.

Spirit Blockchain Capital to List on CSE in September

Blockchain and digital assets company Spirit Blockchain Capital Inc. (Spirit) announced that it has received listing approval from the Canadian Securities Exchange.

NFT Lending Protocol Bend DAO Proposes New Measures against Bankruptcy Crisis

Subject to the bankruptcy crisis caused by depleted Ethereum reserves, NFT lending protocol Bend DAO has proposed new emergency measures pending a governance vote.

Yuga Labs Hires Former Rally Executive Chris Fortier as VP of Products

Yuga Labs, the developer of the Bored Ape Yacht Club, has hired VP of Product at financial software firm Rally Chris Fortier as its VP of Product.

Brazil's Digital Banking Platform Nu Holdings Adds 5.7m new customers in Q2

Nu Holdings has added 5.7 million new customers in the second quarter of 2022. The Brazilian digital banking unicorn now has 65.3 million people and businesses using its services.