BITCOINS/CRYPTOCURRENCIES

Accounting for bitcoin's 9,000,000% rise in a decade

NEW YORK • Emerging from the ashes of the financial crisis, digital token bitcoin was created as a bypass to the banks and government agencies mired in Wall Street's greatest calamity in decades...

Digital tokens back in spotlight as bitcoin soars

Cryptocurrencies are back in the spotlight after having lost much of their shine since 2017, when the value of bitcoin hit an all-time high of nearly US$20,000 (S$27,173).

A crypto firm hopes to get a Singapore banking licence

SINGAPORE (BLOOMBERG) - Cryptocurrency-related financial services are hard to find in Singapore, as digital assets are a market traditional lenders have tended to avoid. Sygnum, one of the first...

Bitmain billionaire launches S'pore-based crypto start-up

HONG KONG • Bitmain Technologies co-founder Wu Jihan has marshalled a group of the mining giant's former employees to launch a new cryptocurrency financial services start-up, hoping to capitalise...

Cryptocurrency platform KuCoin raises US$20m in Series A funding

SINGAPORE - Singapore-based cryptocurrency platform KuCoin has raised US$20 million (S$27.5 million) in a Series A round of financing led by global venture capitalists including IDG Capital,...

The hype and reality of blockchain

Tracking diamonds, use of photos online, or property ownership - these are some of the ways blockchain can change the world. But much of the buzz now is hype.

Machines in Singapore sold out of bitcoin as prices drop below US$10k

Bitcoin machines at Ducatus Cafe in Robinson Road and Tiong Bahru Plaza were sold out of the cryptocurrency on Thursday as enthusiasts piled in when prices fell more than 23 per cent this week....

Bitcoin ATM machines crash as price of cryptocurrency soars

As bitcoin surged past US$16,000 last week, the network could not keep up with the breathless demand and two ATM machines selling the cryptocurrency in Singapore crashed.