Asia Pacific

Ila Dhond19/01/2023
233

Cyberattacks cost cryptocurrency company FTX $415 M in damages

FTX, a cryptocurrency company, said that hackers that targeted its US and worldwide exchanges, respectively, cost it US $90 million and…
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Ila Dhond18/01/2023
281

Digital AI lender PeopleFund raised $20 M from Bain Capital, others

PeopleFund, a Korean digital lender driven by AI, has raised $20 million in a round-headed by Bain Capital, with participation…
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Ila Dhond18/01/2023
280

$1.7 M Seed funding secured by Philippines’ Mayani

One of the most significant industries in the Philippines is agriculture, which also includes forestry and fisheries. It contributed $32.4…
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Ila Dhond18/01/2023
222

Third fund for Hashkey Capital closed at $500 M

HashKey Capital, an asset manager with a focus on Web3, completed its third fund for US $500 million by soliciting…
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Ila Dhond17/01/2023
256

Blockchain data analytics firm CryptoSlam and Forkast News announced merger

Hong Kong-based Forkast News and CryptoSlam, a US-based blockchain data analytics company, have merged to create Forkast Labs, a platform…
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Ila Dhond16/01/2023
320

Philippines-based cloud logistics Locad secured $11 M Series A funding

The Philippines-based cloud logistics and end-to-end fulfillment company Locad has secured US $11 million through a series of financing rounds.…
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Ila Dhond13/01/2023
200

Crypto.com reduced 20% workforce due to economic difficulties

Due to continued economic difficulties and “unforeseeable industry developments,” Singapore-based Crypto.com has decreased its overall employment by about 20%, according…
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Ila Dhond13/01/2023
352

Psychic VR Lab received $780k from Animoca Brands

Animoca Brands’ Japanese division has invested 100 million yen (about $780,000) in the local metaverse company Psychic VR Lab. The…
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Ila Dhond13/01/2023
242

$964 M raised by Kakao Entertainment from sovereign wealth funds

A unit of South Korean digital behemoth Kakao Corp., Kakao Entertainment, has raised 1.2 trillion won (about $964 million) from…
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Ila Dhond12/01/2023
251

Despite market slowdown, Binance plans to add 15% to 30% workforce: Reports

The largest cryptocurrency exchange Binance intends to boost its staff by 15% to 30% this year, according to CNBC. At…
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