APAC’s Web3 and AI dream — Is it the real deal?

Binance-backed over-the-counter (OTC) desk Koi Trading has partnered with IdentityMind, a platform for online risk management, to develop an Anti-Money Laundering (AML) compliance-as-a-service product. The development was announced in a press release published on March 12.The parties have reportedly released an AML compliance-as-a-service product dubbed “Koi Compliance,” supporting digital currency and targeting money services businesses.…

Bitcoin (BTC) traders are currently not pleased with the recent price trends, especially due to the inability of its price to surpass the $30,500 mark over the last four weeks. This frustration is compounded by the fact that several requests for spot Bitcoin exchange-traded funds (ETFs) are either being delayed or pending review from regulators.Interestingly,…

In this week’s newsletter, Google Play has officially allowed nonfungible token (NFT) games on its store — with some limitations. NFT company Dapper Labs has completed its third round of layoffs, and a blockchain gaming startup has enabled an automated refund feature for NFT purchases. In other news, check out the blockchain-based game that has…

American major cryptocurrency exchange Coinbase has added support for Dogecoin (DOGE) to its crypto wallet service Coinbase Wallet, according to an announcement published on May 1.The announcement states that users can now store DOGE directly in the Coinbase Wallet app. The coin thus joined other digital currencies —  bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH),…

The Chamber of Industry and Commerce of Munich and Upper Bavaria, Germany, will issue its first blockchain-enabled training certificates next spring in cooperation with the Digital Ministry. In the future, employers will be able to determine whether the certificates are genuine with the help of an electronic key. Authentication Stamp “Made in Bavaria”According to a press…

Lurking in the shadiest corners of the dark web is a “well-established” ecosystem of hackers that target cryptocurrency users with poor “security hygiene,” according to Binance’s chief security officer.Speaking to Cointelegraph, Binance CSO Jimmy Su said in recent years, hackers have shifted their gaze toward crypto end-users. Su noted when Binance first opened in July…

According to Thailand-based company SYNQA, the firm will use the $80M investment to ‘deepen its footprint’ in cashless societies in Asia. 438 Total views 28 Total shares SYNQA, the parent company of OmiseGo formerly known as Omise Holdings, raised $80 million in a fundraising round for new cashless payment ventures.In a June 22 announcement, Thailand-based…

The 24 licensed crypto exchanges registered a collective average daily transaction volume of near $9.4 billion. 120 Total views 2 Total shares South Korea’s crypto market grew to 55 trillion Won ($45.9 billion) by the end of 2021, as per a new study from the country’s chief financial regulator, the Financial Service Commission.South Korea is…