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India’s Enforcement Directorate is investigating “several” crypto cases for money-laundering schemes and has seized $115.5 million to date in such crimes, the Ministry of Finance said, the latest in a series of crackdown by the authorities on the nascent space that is already reeling from the tremulous market conditions. The Indian crime fighting agency has […]
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Japan is joining a growing list of countries exploring the possibility of adopting a digital currency, with country’s central bank, the Bank of Japan (BoJ), announcing that it would launch a pilot to test a “digital yen” in April. The move comes more than two years after the BoJ made its first step in the […]
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Transcelestial is on a mission to make the internet more accessible by building a network of shoebox-sized devices that send lasers to one another, creating a fiber-like network. Today, the Singaporean-based startup announced it has raised $10 million, with the goal of expanding its wireless laser communications system in Indonesia, India, the Philippines, Malaysia, Singapore […]
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Binance Holdings plans to return to South Korea after pulling out of the market in 2020. The world’s largest cryptocurrency trading platform by volume said it had acquired a majority stake in South Korea-based crypto exchange GOPAX. In November, GOPAX suspended customer withdrawals from its DeFi service, GoFi, after suffering effects from the bankrupt lender Genesis […]
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The Indian central bank’s governor said on Wednesday that it’s not at war with crypto, but asserted that cryptocurrencies have no underlying fundamentals and their usage should be prohibited. RBI Governor Shaktikanta Das told a room packed with banking executives and lawmakers that crypto has a huge inherent risk to the macroeconomic and stability of […]
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Printed circuit boards (PCB), which perform essential functions in electronic devices, including displays and sensors, need a lot of energy to create. Moreover, traditional PCB manufacturing processes generate large amounts of liquid waste and high carbon emissions. Still, there are more environmentally friendly ways of producing PCBs, including additive manufacturing processes that use inkjet and […]
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Singapore may soon require retail investors to take a test and not use credit card payments and other forms of borrowing for trading cryptocurrencies, the central bank proposed on Wednesday in a series of stringent measures as the island nation looks to make citizens aware of the risks surrounding volatile assets. The Monetary Authority of […]
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Apple began assembling some of its devices in India and Vietnam a few years ago, slowly cutting its reliance on China. The Cupertino-giant is now gearing up to make the two nations key global manufacturing hubs, according to analysts at JP Morgan. In a report they sent to clients Wednesday, JP Morgan analysts said Apple […]
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There’s no shortage of startups trying to make sense of the explosive growth of data generated from blockchain applications. Nansen has the support from a16z to provide on-chain data analysis for crypto investors. The Graph offers an API for developers to query blockchain data. The latest to get VC recognition is KNN3, a Singapore-based startup […]
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The cloud, and the growing number of assets that are held and used within cloud services, have become a major focus in cybersecurity over the years. Today, a startup that’s leveraging the cloud in a different way — to run a security operations center within it — is announcing a round of funding to expand […]
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