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Singapore State Investor Temasek to Lead $100M Funding Round in Animoca Brands: Report
30.8.2022
Singapore's state investment fund Temasek, one of the world's largest investors, is to lead a $100 million funding round into non-fungible token (NFT) and metaverse investor Animoca Brands, Bloomberg reported Monday
Singapore state investor leads $100M round for crypto firm Animoca: Report
30.8.2022
Both parties participated in a $200 million funding round for the Australian NFT Immutable in March 2022
Hodlnaut now placed under creditor protection after freezing withdrawals
30.8.2022
Hodlnaut froze withdrawals and all other services on its platform on Aug. 8, citing a liquidity crisis and turbulent market conditions
Crypto Lender Hodlnaut Placed Under Interim Judicial Management by Singapore Court
30.8.2022
Troubled crypto lender Hodlnaut has been placed under interim judicial management in Singapore three weeks after it was forced to freeze withdrawals due to "difficult market conditions"
'Most of crypto is still junk' and lacks use case — JPMorgan blockchain head
30.8.2022
JPMorgan’s Umar Farooq said that use cases haven't arisen fully and regulation hasn't yet caught up
Singapore Considers Stricter Rules for Retail Crypto Investors — Regulator Says Cryptocurrencies Are ‘Highly Hazardous’
30.8.2022
Singapore’s central bank, the Monetary Authority of Singapore (MAS), is contemplating imposing stricter rules on retail crypto investors. “MAS regards cryptocurrencies as unsuitable for use as money and as highly hazardous for retail investors,” said the central bank chief....
Shopify Not Allowed to Pause Crypto-related Lawsuit, UAE Company Parners with Binance to Accept Crypto + More News
29.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Shopify Not Allowed to Pause Crypto-related Lawsuit, UAE Company Parners with Binance to Accept Crypto + More News
Where in the world are the 3AC founders? Speculations abound
29.8.2022
Rumor has it that they are heading to or already in Dubai, says a lawyer with 30 years of experience. But can they stay there forever?
MAS doesn’t trust retail crypto investments, mulling more regulations
29.8.2022
Regulators in Singapore say cryptocurrencies are problematic due to high market volatility and warn against retail investments in cryptocurrencies
Singapore's Central Bank Wants to Foster Digital Assets, Restrict Crypto Speculation
29.8.2022
The head of the Monetary Authority of Singapore, Ravi Menon, insists this stance is "synergistic" and says price speculation is the source of the crypto world's problems
Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils
27.8.2022
Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information about their activities and assets. Ahead of a possible broadening of the applicable rules,...
3AC’s Zhu was in Bangkok, disputed liquidator’s court filing in Singapore: Report
26.8.2022
Zhu, whose whereabouts had been unknown for weeks, delivered an affidavit that disputed Teneo claims and elucidated the internal structure of the failed hedge fund
Zipmex Engages Financial Advisors, 16 Afghan Exchanges Shut Down, CoinSwitch Kuber Raided, Singapore Sends Questionnaires to Crypto Firms + More News
26.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Zipmex Engages Financial Advisors, 16 Afghan Exchanges Shut Down, CoinSwitch Kuber Raided, Singapore Sends Questionnaires...
Singapore MAS examines crypto firms ahead of new regulations: Report
26.8.2022
The MAS reportedly asked crypto firms about their owned tokens, top lending and borrowing counterparties, loans and top tokens staked via DeFi
Singapore's Central Bank Asks Crypto Firms to Submit Business Data: Report
26.8.2022
The move comes as the central bank is looking to bring in more safeguards for retail customers and a stablecoin regulation
Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip
25.8.2022
DBS, the largest bank in Southeast Asia, says that it has benefited from the recent crypto market sell-off. The trading volume of its crypto exchange nearly doubled in July, compared to April. The quantity of bitcoin bought on its exchange grew nearly four times during that time period. DBS Crypto...
Singapore authorities approve probe of 3AC on behalf of liquidators: Report
24.8.2022
Liquidator Teneo has recovered only a miniscule portion of the Singapore-based Three Arrows Capital so far, while cofounder Zhu has allegedly tried to sell property there
Singapore Court Permits Three Arrows Liquidators To Access Key Financial Records - Report
24.8.2022
The liquidators of troubled Singaporean crypto hedge fund Three Arrows Capital (3AC) have obtained the permission of a local court to access key records, securing more information about the assets of the collapsed business, Bloomberg reported....
Read More: Singapore Court Permits Three Arrows...
Singapore High Court Recognizes Three Arrows Capital Liquidation Order: Report
24.8.2022
The liquidators of defunct hedge fund Three Arrows Capital have secured a crucial court decision in Singapore that will provide clarity on assets held in the region
DBS bank reports 4X growth in Bitcoin buys on DDEx exchange in June
23.8.2022
Crypto investors bought four times more Bitcoin on DBS Bank’s DDEx in June than in April 2022 as BTC price dipped below $20,000