Vietnam

SmartOSC and Avalanche have launched Vietnam's first blockchain-based loyalty program with a major coffee chain, aiming to improve customer engagement. The partnership seeks to drive broader blockchain adoption across industries in Vietnam.

A crypto mining scam in southern Vietnam defrauded over 200 victims of VND4 billion ($157,300) through a fake platform called BitMiner. Four people, including the alleged ringleader Tran Minh Quang, were arrested after police raided locations tied to the fraud.

Vietnam's authorities raided the headquarters of Million Smiles, a company behind a large cryptocurrency scam, preventing hundreds more from falling victim. The scam had already defrauded over 100 businesses and 400 individuals out of $1.17 million, with the company promoting a fake digital currency.

Chillguy (CHILLGUY) has dropped in value amidst plagiarism allegations involving its meme. Phillip Banks, the alleged creator, hinted at his authorship, while others claim the image may have been AI-manipulated. The debate continues: who truly created the meme?

Chinese online retailers Shein and Temu could potentially face a being blocked by the Vietnamese government if they do not register their operations before the end of November.

Vietnam has launched a national blockchain strategy aimed at becoming a leader in blockchain technology by 2025, focusing on improving infrastructure, developing regulations, and fostering innovation. The plan includes establishing 20 prominent blockchain brands, building three testing centers, and positioning Vietnam among the top ten blockchain research hubs in Asia by 2030.

Hung Dinh, a notable figure in Vietnam's tech scene, faces allegations of misusing investor funds linked to the GM.AI project, raising concerns about the reputation of Vietnamese developers.

As Typhoon Yagi ravages Vietnam, Binance and KuCoin are stepping up with token airdrops to offer relief. With the death toll over 350 and widespread damage, these airdrops aim to deliver crucial support to affected communities.

Despite China's crypto crackdown, a 2023 Kyros Ventures report shows 33.3% of Chinese investors favor stablecoins, ranking second after Vietnam at 58.6%, indicating a high risk appetite. 70% state cryptocurrencies make up over half of their portfolios.

Nvidia strengthens its foothold in Vietnam, investing and fostering partnerships to drive AI development, navigating challenges to emerge as a key player in technology advancement.