Visa Expands Stablecoin Capabilities with New Currencies, Blockchains, and Global Partnerships
Visa has expanded its stablecoin settlement platform by adding support for new USD- and EUR-backed stablecoins, as well as the Stellar and Avalanche blockchains—advancing its mission to make global digital payments more scalable, interoperable, and efficient. MALAYSIA, 1 AUGUST 2025 – Visa has taken another major leap in advancing global digital payments by expanding its stablecoin settlement capabilities. The payments giant now...
GamBit Group Launches Malaysia’s First Hybrid Asset Trust, Bridging Traditional and Digital Wealth at 50+ Expo 2025
GamBit Group has introduced the Hybrid Asset Trust (H.A.T), Malaysia’s first integrated platform for managing both traditional and digital assets. Launched at the Malaysia 50+ Expo 2025, H.A.T aims to make future-ready estate planning accessible to all Malaysians. MALAYSIA, 28 APRIL 2025 – GamBit Group has officially launched its revolutionary Hybrid Asset Trust (H.A.T) at the Malaysia 50+ Expo 2025, introducing a pioneering...
Visa Launches VTAP Platform to Bridge Traditional Finance and Blockchain Ecosystems
Visa has introduced the Visa Tokenized Asset Platform (VTAP), enabling financial institutions to issue fiat-backed tokens and integrate blockchain technology into their operations. The platform supports seamless integration, programmability, and interoperability across blockchain networks, with live programs expected by 2025. 3 October 2024 – Visa, a global leader in digital payments, has announced the launch of its Visa...
Over RM6.44 Billion Cryptocurrency Theft in First Half of 2024
Cryptocurrency thefts in the first half of 2024 more than doubled from the previous year, driven by rising crypto prices and large-scale attacks, with over RM6.44 billion stolen. Despite no fundamental changes in security, the increased value of tokens has made cybercriminals more motivated. 5 July 2024 – According to blockchain researchers TRM Labs, the global amount of cryptocurrency stolen in hacks more than doubled in the...
EigenLayer’s $18 Billion Re-Staking Surge Sparks Crypto Market Concerns
EigenLayer has drawn over $18 billion into its re-staking platform, allowing investors to earn multiple yields by staking and re-staking crypto assets. While the potential for higher returns is attractive, analysts warn that the practice could pose significant risks to the crypto market if not managed properly. 31 May 2024 – More than $18 billion worth of cryptocurrency has recently flowed into a new type of platform known as...
Cuscapi’s MX Global Approved to Trade Worldcoin Token by Securities Commission Malaysia
Cuscapi’s associate MX Global receives approval from Securities Commission Malaysia to trade Worldcoin (WLD) token, which joins the list of permitted digital assets alongside major cryptocurrencies. Worldcoin, an iris biometric cryptocurrency, aims to provide secure online authentication despite facing privacy concerns. 13 May 2024 – Cuscapi Bhd, a digital business solutions provider, has announced that the Securities...
Tether Strengthens Monitoring to Combat Illicit Finance Amid Controversy
Tether, the leading stablecoin, is enhancing its monitoring of token usage to combat illicit finance, partnering with Chainalysis to develop tools targeting transactions linked to sanctioned entities. Despite controversies, Tether has reached a circulation of $100 billion, driven by its use as a dollar alternative in emerging markets. 3 May 2024 – Tether, the world’s largest stablecoin, has announced an intensified effort...
Luno Expands Cryptocurrency Offerings in Malaysia with Cosmos and Polkadot
Luno, a regulated digital asset exchange in Malaysia, has added Cosmos (ATOM) and Polkadot (DOT) to its platform, providing users with more cryptocurrency investment options. 3 May 2024 – Luno, a regulated digital asset exchange (DAX) under the Securities Commission Malaysia, has broadened its cryptocurrency offerings with the introduction of Cosmos (ATOM) and Polkadot (DOT) to its platform. Cosmos, a decentralized network,...
Indonesia Blockchain Week 2024: Igniting Innovation and Collaboration in Southeast Asia
The Indonesia Blockchain Week 2024, set for November, promises to be the largest edition yet, aiming to accelerate innovation and collaboration in Southeast Asia’s blockchain ecosystem. With a focus on bridging traditional finance with blockchain technology and exploring the future of entertainment, the conference reunites industry professionals and thought leaders after a two-year hiatus. 4 April 2024 – The Indonesia...
Bitcoin Surpasses US$71,000 Mark as Regulatory Approval Boosts Market Confidence
Bitcoin surged past $71,000, buoyed by regulatory approval allowing recognized investment exchanges to introduce crypto-backed exchange-traded notes. The Financial Conduct Authority’s decision has injected fresh momentum into the cryptocurrency market, fueling optimism among investors. 11 March 2024 – Bitcoin reached an all-time high of over $71,000 on Monday, continuing its upward trajectory without signs of slowing down....
Bitcoin Surges to Two-Year High, Approaches Record Levels Amidst Inflow Surge
Bitcoin reaches a two-year high, nearing record levels as inflows into U.S.-listed bitcoin funds surge. Ethereum also sees gains amidst speculation of exchange-traded funds, reflecting a broader market rally reminiscent of 2021’s bullish sentiment. 4 March 2024 – Bitcoin soared to a two-year high on Monday, surpassing $65,000 and nearing its record level, driven by a surge in inflows into U.S.-listed bitcoin funds. The...
Bitcoin Surges Past $60,000 as Market Optimism Soars: Insights and Implications
Bitcoin surpasses $60,000 fueled by institutional interest and market optimism, with Ethereum also hitting new highs, prompting anticipation of ETF approvals by U.S. regulators. 29 February 2024 – On Wednesday, Bitcoin soared above the $60,000 threshold for the first time in over two years, propelled by a surge of investment into new U.S. spot bitcoin exchange traded products. The cryptocurrency witnessed a remarkable 42% price...
Bitcoin Hits $1 Trillion Milestone Amidst Record Highs and U.S. Spot ETF Surge
Bitcoin surpasses the $1 trillion market cap milestone amidst a surge in U.S. ETF investments, reaching a 25-month high and signaling renewed investor confidence in the cryptocurrency market’s resilience. 15 February 2024 – Bitcoin’s total market value surged past $1 trillion on Wednesday, marking a significant milestone not seen since November 2021, fueled by continuous inflows into U.S. spot bitcoin exchange-traded...
Sophos Reveals Global Surge in DeFi Savings Scams by Sha Zhu Pan Scammers
Sophos exposes the expansion of sha zhu pan scammers’ DeFi savings schemes, highlighting the global proliferation of fraud facilitated by sophisticated scam kits and the emergence of new pig butchering rings across diverse regions. 15 February 2024 – Sophos, a global leader in cybersecurity services, has exposed the emergence of sophisticated “DeFi savings” scams within the realm of cryptocurrency fraud,...
Bitcoin Hits Seven-Week Low Below $40,000 Amid ETF Launch Fallout and Competition with Traditional Stocks
Bitcoin hit a seven-week low, dropping below $40,000 for the first time since the launch of 11 spot bitcoin exchange-traded funds on January 11. The decline, down 3.98%, coincided with the cryptocurrency market facing challenges competing with traditional stocks, as the S&P 500 index reached record highs. Analysts and market-watchers attribute the dip to a variety of factors, including the SEC’s approval of bitcoin ETFs,...
Kaspersky Survey Reveals Gamers Spearhead Growing Acceptance of Cryptocurrency in Everyday Transactions
A global survey by Kaspersky reveals a significant increase in consumer acceptance of cryptocurrency, particularly among gamers. The study indicates a growing understanding of digital currencies, with 81 percent of gamers owning cryptocurrency and 55 percent of respondents considering themselves ‘very’ or ‘extremely’ knowledgeable. The survey also highlights shifting attitudes toward using cryptocurrency for...
Singapore’s MAS Unveils Groundbreaking Initiatives for a Digital Money Future
The Monetary Authority of Singapore (MAS) has introduced three key initiatives, including a digital Singapore dollar blueprint, expanded digital money trials, and the issuance of a “live” CBDC for wholesale settlement, signaling a significant advancement in the country’s digital monetary landscape. These initiatives aim to ensure secure and innovative digital money utilization, encompassing components such as...
BingX and Zepeto Join Forces to Launch ZTX Trading Pairs, Pioneering a New Era of Gaming Cryptocurrency
BingX has introduced ZTX trading pairs through a strategic partnership with Zepeto, a popular Minecraft-style game with over a billion downloads. ZepetoX, which recently entered the cryptocurrency market and garnered significant trading volume, offers unique gaming experiences and free virtual land. The collaboration paves the way for new opportunities at the intersection of gaming and cryptocurrency. 16 October 2023 – In a...
BingX Leads the Way: Adds Banana Gun to Crypto Offerings, Signaling Crypto Trading Innovation
BingX added Banana Gun to its offerings. This strategic listing demonstrates BingX’s dedication to leading the way in crypto trading by providing its users access to promising and innovative tokens. Just days prior, BingX had announced its plans to integrate the Banana Gun project, reaffirming its agility and commitment to staying ahead in the evolving crypto landscape. 15 September 2023 – BingX, a centralised crypto...
Visa Expands Stablecoin Settlement to Solana Blockchain in Partnership with Worldpay and Nuvei
Visa expands its stablecoin settlement capabilities to the Solana blockchain, partnering with Worldpay and Nuvei to streamline fiat-denominated payment settlements. This move marks Visa as a pioneer in adopting blockchain technology and leveraging USDC to enhance cross-border transactions and payments. 5 September 2023 – Visa, a global leader in payment solutions, has taken a significant step toward modernizing cross-border...
