ChainCatcher news, according to the Straits Times, Singapore's Metro Departmental Store has announced a partnership with cryptocurrency payment company dtcpay to accept customer payments using stablecoins, becoming the first department store in Singapore to offer this payment method.Metro will accept payments in Tether USDT, USD Coin (USDC), and World USD (WUSD), and plans to add the First Digital USD (FDUSD) payment option soon.

ChainCatcher news, according to Bloomberg, the Singapore blockchain platform DigiFT will offer a tokenized version of Invesco's $6.3 billion private credit fund. According to a statement from DigiFT on Wednesday, institutional investors can purchase tokenized shares of the underlying Invesco fund using US dollars or stablecoins USDC and USDT.DigiFT CEO Henry Zhang stated that the Invesco fund invests in the company's senior secured loans, which have achieved an annual net return of 4.5% since its establishment in 2006. According to data provider rwa.xyz, private credit accounts for about 80% of the tokenized RWA to date.Invesco, with assets under management of approximately $1.9 trillion, stated in a report last November that by 2030, the asset size of tokenized funds could swell to $60 billion, accounting for about 1% of the total assets managed by mutual funds and exchange-traded funds. Zhang mentioned that DigiFT aims to ultimately provide instant settlement for the tokenized version of the Invesco fund, while the settlement time for the underlying instruments can take up to five days.

ChainCatcher news, according to Bloomberg, Johann Kerbrat, Vice President and General Manager of the cryptocurrency division at Robinhood Markets Inc., stated that the company plans to launch cryptocurrency services in Singapore by the end of 2025 through its recently acquired European digital asset exchange Bitstamp Ltd. This plan will be carried out under the guidance of local regulators, marking an important step in Robinhood's expansion strategy in the Asia-Pacific region.

ChainCatcher news, Nasdaq-listed Bitcoin mining company Bitdeer released its unaudited mining and operational update report for January 2025, disclosing that it mined 126 Bitcoins in January, a decrease from 145 Bitcoins in the previous month. As of January 31, Bitdeer's Bitcoin holdings reached 724 Bitcoins.In addition, Bitdeer also disclosed that it has signed a $17 million supply chain financing agreement with a financial institution in Singapore and completed the financing drawdown in January 2025.

ChainCatcher news, Matrixport participates in the NTU campus recruitment in Singapore, starting the recruitment for the 2025 graduates.A total of 116 companies are participating in this NTU campus recruitment fair, covering various financial fields such as auditing, consulting, and banking. As a leading crypto financial services platform in Asia, Matrixport has attracted the attention of many NTU students majoring in computer science, software security, and other related fields.It is reported that Matrixport was established in 2019 and is the world's leading and Asia's largest one-stop crypto financial services platform. Currently, Matrixport's assets under management and custody amount to 6 billion USD.

ChainCatcher news, according to HODL15Capital, Monochrome has launched a Bitcoin ETF for institutional investors in Singapore.

ChainCatcher news, the cryptocurrency investment product Bake announced that it will cease operations in Singapore starting May 1.It is reported that Bake was previously a cryptocurrency investment product under Cake Group, which sold Bake to GSTechnologies Ltd. last month.

ChainCatcher message, AdsPower fingerprint browser posted on social media, "On the evening of January 24, the AdsPower security team discovered an intrusion incident where hackers spread malicious code, leading to the tampering of some third-party browser plugins.The technical team immediately engaged in handling the incident, cutting off the hackers' channel for spreading malicious code and removing all plugins with potential risks. We have officially reported the incident to the Singapore law enforcement authorities and received a police receipt. The investigation into this incident is still ongoing."

ChainCatcher news, WazirX has received approval from a Singapore court to repay $235 million to victims of a hacking incident.The restructuring plan was proposed by WazirX's parent company, Zettai, aiming to recover creditors through a court-supervised process and avoid liquidation. WazirX estimates that users can recover 75% to 80% of their account balances through token distribution.According to the court hearing, there is no evidence that WazirX was at fault or acted improperly during the cyber attack.WazirX will initiate a user voting process, expected to be completed within three months, along with an independent third-party audit. If the majority votes in favor, the plan will be implemented, and net liquid assets will be allocated to users based on their claims within 10 days, including any profits generated during the bull market.

ChainCatcher message, according to feedback from @alexzuo4, Polymarket has been defined as a gambling site by Singapore and has been blocked.Users logging into the Polymarket official website in Singapore will be prompted with "This website is an illegal gambling site hosted by an unlicensed gambling service provider, and users may face a fine of up to $10,000 or up to 6 months of imprisonment."

ChainCatcher news, Indian cryptocurrency exchange WazirX suffered a $235 million cyber attack in July 2024, and the company announced a restructuring plan aimed at compensating affected users. WazirX's parent company Zettai applied to the Singapore High Court in August 2024 for a debt moratorium and proposed a restructuring plan under Singapore's scheme.As of December 2024, WazirX reported liquid assets of $566.38 million, exceeding the total claims of $546.47 million USDT submitted by users in July 2024.

ChainCatcher news, Singapore's second-largest bank, OCBC Bank, recently launched a blockchain-based customized corporate bond tokenization scheme aimed at helping corporate clients diversify their financial assets. The scheme allows corporate clients to invest in bonds starting from 1,000 Singapore dollars, with the ability to customize bond terms and interest rates according to their needs, with tokens referencing existing investment-grade bonds.This scheme is an innovative project developed by OCBC based on blockchain technology. Kenneth Lai, OCBC's Head of Global Markets, stated that the company will further expand its product line to cover more types of tokenized assets.

ChainCatcher news, the Web3 social trading platform Soex.io announced that it will officially launch the staking mining feature at 6 PM Singapore time on January 6. At that time, users participating in HVT staking will not only be able to enhance passive income but also unlock diverse functional experiences on the platform. The newly introduced staking mechanism focuses on flexibility, fairness, and sustainability, aiming to create stable and highly attractive returns for users.As an AI-driven social trading platform, SOEX is based on the SOEX Protocol, precisely focusing on AI-driven social traffic operation and liquidity supply-demand trading scenarios. With a fair minting and on-demand unlocking mechanism, it strives to build a transparent, fair, and sustainable new Web3 social economic ecosystem.

ChainCatcher news, according to Cointelegraph, Singapore is accelerating its emergence as a crypto hub in Asia with a "risk-adjusted" regulatory approach and a doubling of the number of crypto licenses issued in 2024.According to a report by ApeX Protocol, Singapore currently has 1,600 blockchain patents, 2,433 related jobs, and 81 crypto exchanges. The Monetary Authority of Singapore (MAS) issued a total of 13 Major Payment Institution (MPI) licenses in 2024, more than double that of 2023.In contrast, Hong Kong has only 7 licensed crypto exchanges, 890 blockchain patents, and 1,163 related jobs.

ChainCatcher news, according to Xinmin Evening News, under the guidance of the Shanghai headquarters of the People's Bank of China, the Shanghai branch of Bank of China completed a corporate dividend transfer to Singapore using digital renminbi remittance, successfully landing the first cross-border digital renminbi capital account business between China and Singapore.The Shanghai branch of Bank of China actively supports the digital renminbi pilot work: in cooperation with the Shanghai Gold Exchange, it completed a cross-border settlement of 100 million yuan in digital renminbi for precious metal transactions, marking the first cross-border digital renminbi payment in the financial factor market; using digital renminbi to pay Baowu Group for imported iron ore, achieving a breakthrough in cross-border digital renminbi payments in the bulk commodity sector; during the 7th China International Import Expo, in collaboration with Shanghai Public Transport Card Co., Ltd., it held a product launch event for the "Smart Travel Card" within the expo venue, continuously expanding the application of digital renminbi in multiple scenarios.