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Indonesian E-commerce Unicorn Bukalapak Launches $1.5B IPO
By Steve Muchoki
• 3 mins read
Bukalapak announced on Friday that the funds received in the IPO will be used to scale its business to compete with its biggest rival Tokopedia.
Central Bank of China Raises Concerns over Financial Risks of Stablecoins
By Steve Muchoki
• 3 mins read
The executive of the PBoC says that digital currencies raised potential threats to financial security and social stability.
VDollar Exchange Introduces New ‘Trading Mining’ Mechanism
By Steve Muchoki
• 3 mins read
VDollar seeks to venture into the crypto industry at a time when global adoption is on the rise.
SBI Holdings Encourages XRP Ledger’s NFT Use for Asset Tokenization
By Steve Muchoki
• 3 mins read
SBI’s report also mentioned NFTs as a use case for the art community, pointing out Beeple’s $69 million record-breaking auction sale in March.
Google to Limit UK Ads to FCA Approved Financial Companies
By Steve Muchoki
• 3 mins read
According to Google, the policy is a cross-industry measure designed to fight against fraudulent activities in the UK.
USDC to Be Launched on Ten Additional Blockchain Platforms
By Steve Muchoki
• 3 mins read
USDC multichain capability will allow the speed, scalability, and cost-effectiveness of the next-gen public chains.
Coinbase Gets BaFin Approval for Crypto Custody Business in Germany
By Steve Muchoki
• 3 mins read
With the BaFin license, Coinbase expects to localize their services and further advance them all over Germany.
Didi Global Expected to Close Its IPO Investor Order Books on Monday
By Steve Muchoki
• 2 mins read
Didi Global in an SEC filing noted that it will sell up to 288,000,000 shares at a price range of between $13 and $14 in its IPO.
Chinese Ride-Hailing Firm Didi Targets $60+ Billion Valuation in IPO
By Steve Muchoki
• 3 mins read
Going by Didi’s updates prospectus, Morgan Stanley Investment Management Inc has shown interest in acquiring a share of up to $750 million in the IPO.
Dfinity’s ICP Trading at $35, Price Down Nearly 95% from $630 High
By Steve Muchoki
• 3 mins read
Amid ICP’s debut on Coinbase, it ranked 8th just behind XRP, with a market cap of over $46 billion. However, the token is now ranked 24th with a market cap of $4.7 billion.