Cryptaysia

Cryptaysia

Cryptocurrency experiences from a Malaysian perspective


Coldplay Tickets Fiasco and How Blockchain & NFTs Will Solve This

24 May 2023 6 minute read 2 comments Pizzadren

Malaysians are big fans of Coldplay as they are the band artist who asked us to look up the stars, look how they shine for you and giving hope to everything you do! But when it’s your turn to buy the ticket, it was all RED instead! Tickets sold out i...

Weekly Pizza Bits #13 - 20-May-2023

20 May 2023 4 minute read 0 comments Pizzadren

1. Ledger Recover Controversy This week’s huge topic is about the announcement of Ledger’s new service called “Ledger Recover” where you can sign up to have your seed phrases encrypted and backed up in 3 different custodians. If you’re new to...

Thoughts on AnetaBTC Acquiring a Digital Exchange License in Malaysia

19 May 2023 6 minute read 0 comments Pizzadren

In this article, I’ll explain what are wrapped tokens, what does the anetaBTC platform do, and my concerns on the announcement of them planning to acquire a digital asset license in Malaysia.   1. Definition of “Wrapped Tokens” Before I start explain...

Weekly Pizza Bits #12 - 15-May-2023

15 May 2023 2 minute read 0 comments Pizzadren

1) Binance withdrawing their services from Canada Similarly to Malaysia, Binance has also pulled out to offer crypto services in Canada They cited that new guidance related to stablecoins and investor limits provided to crypto exchanges makes...

Memecoins vs Scamcoins: The difference & My Opinion on How to Regulate Them

14 May 2023 4 minute read 6 comments Pizzadren

1. Memecoins = Scamcoins? Memecoins, the one crypto category that is either loved or hated by crypto communities. While some memecoins do offer some real-world utility (such as charity donations using DOGE), many of them provided literally zero utili...

Weekly Pizza Bits #11 - 8-May-2023

8 May 2023 5 minute read 0 comments Pizzadren

  1) FDIC Recommending Deposit Insurance Reform A 75-page report of “Options for Deposit Insurance Reform” has been released on 1-May-23. Currently, the default for Federal Deposit Insurance Corporation (FDIC) is that every single depositor’s accoun...

The Disadvantages of Decentralization & Why It'll be Alright

7 May 2023 4 minute read 3 comments Pizzadren

Alright, we’re all in the crypto space because we want to decentralize control from the governments & centralized entities on our data privacy & wealth. Many have covered why decentralization is important but not many have covered the other side of t...

Weekly Pizza Bits #10 - 29-Apr-2023

29 Apr 2023 4 minute read 6 comments Pizzadren

  1. Coinbase’s response to SEC’s Wells Notice Coinbase CEO Brian Armstrong & Chief Legal Officer has released a video in response to the Well’s Notice received by SEC. Some points highlighted in the video are: SEC has not provide a clear r...

How Blockchain & Cryptocurrencies Technology Can Improve the EPF System, and Thoughts About Adding Crypto into EPF

26 Apr 2023 6 minute read 2 comments Pizzadren

1) What is EPF?   I’m sure everyone who works in Malaysia full-time will definitely heard of the term EPF. EPF stands for Employees Provider Fund. It is the essential place for every full-time working Malaysian to mandatory contribute part of t...

Weekly Pizza Bits #9 - 21-Apr-2023

21 Apr 2023 4 minute read 1 comment Pizzadren

  1) Luno services will be terminated in Singapore Luno will be shutting down its crypto services in Singapore starting from 20-Jun-23. The two most probable reasons for this exit are: Competition with other major licensed exchanges in Singapore s...