Beyond Shanghai: Ethereum’s future after major update

More: Indonesia’s Jokowi urges investors to join EV push. [Read from your browser]( Daily Newsletter --------------------------------------------------------------- Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - The future of Ethereum [after the Shanghai upgrade]( - The most active investors in Southeast Asia’s software-as-a-service (SaaS) scene - Other newsy highlights such as the Indonesian president calling on investors to join nation's EV push --------------------------------------------------------------- Hello {NAME} When I first started investing, I did the responsible thing and did my own research. It may not have been as much research as I should have done, but I did enough of it. But I soon stopped digging too deep while investing in individual stocks because I felt like a lot of research didn’t always seem to work the way I expected it to. Stock prices often fluctuated in seemingly illogical ways. For example, some negative news about a firm might have been reported over the weekend, and you’d expect its stock price to fall when markets opened - but it would go up instead. Or in the case of crypto, perhaps a particular token was launching a new feature in its ecosystem. Sounds good right? Except the price would drop the next day. It’s really difficult to predict the effect of major events on the price of a single stock or token, which is why I stuck with robo advisors. Today’s story explores one such major event for the Ethereum blockchain. Read on to find out what this event - known as the Shanghai upgrade - could mean for Ethereum’s future. -- Jonathan  ---------------------------------------------------------------  THE BIG STORY [Ethereum’s Shanghai upgrade: prepare for short-term volatility, prepare for long-term growth]( Earlier this month, the Shanghai update went live on the Ethereum mainnet, introducing new features and likely causing short-term price volatility. --------------------------------------------------------------- TRENDING NEWS [Indonesia’s Jokowi urges investors to join EV push]( The president said the country is open to investment in building downstream industries, including the domestic EV sector. [South Korean food delivery app launches beauty brand in Vietnam]( The launch is part of Baemin’s efforts to build a lifestyle platform for the Vietnamese market. [Selex to raise $3m for EV expansion in Vietnam]( The firm’s battery-swapping solution enables users to charge their EVs for up to 150 kilometers of travel in under two minutes. [Temu has officially expanded to 6 European markets]( The sister firm of Pinduoduo is currently holding 90% off grand opening sales in Germany, Italy, the Netherlands, France, Spain, and the UK. ---------------------------------------------------------------  LISTICLE OF THE DAY [Series SEA: Who’s investing in the region’s SaaS startups?]( We've compiled a list of investors that are pouring money into Southeast Asia’s software-as-a-service startups. ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this form](. Our team will get back to you by the next business day. - JA Assure - [JA Assure, a regional Insurtech firm collaborates with India’s Top Indian University for Research and Development]( JA Assure collaborates with SRM University for Research and Development of new Technologies- JayJay - [Edtech startup JayJay got significant investment to transform the learning industry]( JayJay, a digital school, has got a $1 million investment from Jooble. With this funding, JayJay plans to improve its platform to reach more students.- Mintegral - [Mintegral Joins Google AdMob as a Bidding and Waterfall SDK Network]( Mintegral, a leading programmatic ad platform, announced today that it joined Google AdMob as a bidding and waterfall SDK network ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [Tech in Asia’s Product Development Conference 2023]( from May 16 to May 17 Tech in Asia’s Product Development Conference is back! This year’s edition, which will be held in person in Jakarta, will feature over 20 industry leaders, experts, and innovators sharing the latest trends and strategies that can accelerate product development growth. 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Register today! ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Backend Engineer]( at Hangry Jakarta, Indonesia - [VP of Sales]( at Propseller Singapore, Singapore - [Software Engineer (Malaysia)]( at InsiderSecurity Kuala Lumpur, Malaysia - [Sales / Business Development Associate]( at JOOB Jakarta, Indonesia - [Fieldwork Recruiter & Supervisor]( at BulkMagic Manila, Philippines - [Design & Content Intern]( at UENA Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Tech in Asia thanks our partners for supporting our newsletters. Sponsorship has no influence on editorial content. Too many emails? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. 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