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Upbit will open LIT trading against the South Korean won, expanding local access to Lighter’s Ethereum based utility token.

BTC Manager

Upbit lists Lighter’s LIT in South Korean won market

Established in 2024, the council helps connect Singapore’s fintech sector with the government.

Tech in Asia

EDB, Temasek, UOB executives join SFA fintech council

Every blockchain eventually hits a hard wall: thousands of independent computers have to settle on one history without a central referee deciding which version wins. That process is called a consensus algorithm, and the design determines who can add transactions, how rival versions of the ledger get settled, and when a payment is effectively locked […]

Bitcoin.com

Bitcoin to Solana: How 8 Crypto Networks Reach Consensus

The account is designed for businesses as the company expands from its consumer offering into business cash management.

Tech in Asia

Chocolate Finance to launch business accounts

Phantom will stop supporting Sui on Sept. 24, removing in-app access while users’ assets remain available through compatible wallets.

BTC Manager

Phantom ends Sui support on Sept. 24

OM Venture Capital's principals expected AI to help them work faster. Instead, it helped them see deals before its competitors even knew to look.

Tech in Asia

This VC uses AI to spot startups before the data catches up

Term permanently closed its Meta Vaults after an attack reportedly removed nearly all of their Ethereum deposits.

CoinTelegraph

Term Finance loses estimated $8.5M in vault governance exploit

Conflux (CFX) v3.1.0 hardfork introduces CIP upgrades and compatibility changes. Node operators must update by Aug 25 to avoid disruption. (Read More)

Blockchain News

Conflux (CFX) Hardfork v3.1.0 Set for Aug 25, Node Upgrade Required

Alibaba will issue 710 million new shares at HK$112.70 (US$14) each, below the August 21 closing price of HK$123 (US$16).

Tech in Asia

Alibaba shares drop 10% after $10.2b share placement

A U.K. court shut down Key Coin Assets Ltd. after nine investors who complained to Action Fraud paid more than £300,000. Investigators found no evidence of genuine trading and described its operation as displaying hallmarks of a Ponzi-style scheme. UK Court Winds Up Key Coin Assets The U.K. government announced on Aug. 18 that a […]

Bitcoin.com

Crypto Firm Shut Down After Nine Investors Lose Over £300,000

Other brands affected by the recall include Chinese carmakers XPeng, Xiaomi and Geely.

BBC News

Nearly 3 million Teslas recalled in China over hidden door handles

Ray Dalio warns U.S. debt could reach $60 trillion within a decade, raising the risk of severe financial disruption. The Bridgewater Associates founder recommends 10% to 15% in gold, plus a bit of bitcoin, as currencies weaken. Dalio Backs Bitcoin as Debt Risks Intensify Bridgewater Associates founder Ray Dalio said growing debt, weakening demand for […]

Bitcoin.com

Ray Dalio Backs Bitcoin as US Debt Could Spiral to $60 Trillion

The seven-year bonds carry an indicative coupon of 4.3% to 4.9%.

Tech in Asia

SoftBank plans record $6.3b retail bond sale

Stripe and Asian telcos want in on AI’s growth. Plus: OpenAI’s trust gap, Z.ai’s alternative scaling approach, and Cursor’s next big bet.

Tech in Asia

The business case for AI’s middle layer

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