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Hong Kong Investors Launch $100M Fund for Web3 Startups

Hong Kong Investors Launch $100M Fund for Web3 Startups

ProDigital Future, a new $100 million fund led by Hong Kong-based equity firm SAIF Partners, aims to support early-stage Web3 companies in the regional market. The fund has already raised $30 million during its half-year fundraising period and plans to raise $100 million by the end of 2023. ProDigital Future has already invested in six digital-asset projects, including GigaSpace and One Future Football. The fund intends to operate in Hong Kong, Australia, Singapore, Europe, and the United States, while adhering to the necessary licensing and regulatory requirements.

China’s Digital Yuan Launch Could Threaten Macau’s Gambling Industry

China’s Digital Yuan Launch Could Threaten Macau’s Gambling Industry

Gambling businesses in Macau fear that the launch of digital yuan would render them obsolete.

Ripple Official Says Blockchain and Digital Assets like XRP Will Transform The Finance Industry

Ripple Official Says Blockchain and Digital Assets like XRP Will Transform The Finance Industry

Ripple's Ken Weber explains how financial inclusion can be achieved with blockchain and digital assets like XRP.

Cryptocurrency is Highly Influencing the Gaming Industry

Cryptocurrency is Highly Influencing the Gaming Industry

Cryptocurrency is said to be the payment of the future. Since the introduction of Bitcoin in 2009, many industries have incorporated and accepted cryptocurrency as a reliable option for payment. With rising competition and seeing the concrete future in the business of digital currency, many cryptocurrency service providers are available to choose from.

The Singapore Fintech Association: Boosting the Industry with Blockchain Education

The Singapore Fintech Association: Boosting the Industry with Blockchain Education

Following part one of our interview with the founding president of the Singapore FinTech Association, Chia Hock Lai, we further explored the education initiatives in the blockchain industry in Singapore.

Is Blockchain Tech the Holy Grail for the Aerospace Industry?

Is Blockchain Tech the Holy Grail for the Aerospace Industry?

The aerospace industry moves millions of people and billions worth of assets every single day. Yet, the industry's sheer complexity is its own worst enemy. Can blockchain technology become the savior?

Heads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow Regulations

Heads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow Regulations

The heads of the three major US financial regulators have issued a joint statement warning the cryptocurrency industry to adhere to banking regulations in the development of digital assets.

BLOCKCHAIN AFRICA CONFERENCE INVITES INDUSTRY TRAILBLAZERS

BLOCKCHAIN AFRICA CONFERENCE INVITES INDUSTRY TRAILBLAZERS

Place your brand at the epicentre of African blockchain technology and AI by showcasing your brand through speaking, sponsoring and exhibiting opportunities at the Blockchain Africa Conference 2020. We attract 600+ key stakeholders and media across the African and global blockchain ecosystem, creating the ideal opportunity to communicate your brand, products and services.

Canada to Become the Global Leader in the Blockchain Industry, Report Indicates

Canada to Become the Global Leader in the Blockchain Industry, Report Indicates

In a recently published report by the Canadian Chamber of Digital Commerce showed that Canadians in the blockchain industry are amongst the highest-earning salaries in the country. The report also noted that Canadian blockchain companies want more legal clarity, to understand where their government stands regarding regulation in Canada.

Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

GrainChain being an agricultural start up backed up by Medici Ventures and has shown some prospects so far, plans to bring together the coffee industry of Honduras.

Present-day Blockchain Industry Hindered by Structural Scarcity of Talents

Present-day Blockchain Industry Hindered by Structural Scarcity of Talents

The growth of the current blockchain sector is being hampered by the lack of enough structural expertise.

Will Bitcoin Ever Get Widespread Adoption in the iGaming Industry?

Will Bitcoin Ever Get Widespread Adoption in the iGaming Industry?

Bitcoin is now over a decade old, although it has only been known and talked about among the general public for the last few years. During the Bitcoin boom of late 2017, we saw endless reports of the ever-growing value of the token and much speculation of how it would continue to rise to tremendously as time goes on.

US SEC Releases Guidelines for Digital Asset Securities as Exchanges Scramble to Delist XRP

US SEC Releases Guidelines for Digital Asset Securities as Exchanges Scramble to Delist XRP

US Securities and Exchange Commission (SEC) has issued a statement to indicate that it is open to comment from the crypto industry regarding digital asset securities.

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