Singapore Financial News

23.06 / 02:29

business Hackers hacks Dark Web 100K ChatGPT logins have been leaked on dark web, cybersecurity firm warns

Over the past year, more than 100,000 login credentials to the popular artificial intelligence chatbot ChatGPT have been leaked and traded on the dark web, according to a Singaporean cybersecurity firm.

22.06 / 19:09

UPS Digital Platform Hodlnaut hearing Singapore Court Set to Decide Fate of Crypto Lender Hodlnaut in August Hearing

A court in Singapore is poised to make a crucial decision about the future of crypto lender Hodlnaut during an upcoming hearing scheduled for August 7, a recent filing has revealed.

22.06 / 17:07

Crypto Trading BitMEX Crypto.com market makers BitMEX CEO Suggests Crypto Exchanges Should Eliminate Internal Market Makers – Here's Why

BitMEX CEO Stephan Lutz has stated that crypto exchanges do not need to run internal market makers after it was revealed Crypto.com has internal trading teams that trade crypto.

22.06 / 15:23

Binance Ripple security Digital payment Today in Crypto: Atomic Wallet Publishes Post-Attack 'Full Event Statement', Binance Brazil Director May be Summoned by Parliament, Ripple Gets In-principle Approval for Singapore Digital Payment License

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

22.06 / 10:51

Provident Digital Ripple XRP ETF SEC BlackRock XRP Price Prediction as Ripple Obtains In-Principle Approval for Major Payments License in Singapore – Can XRP 10x From Here?

The XRP price has risen by 3% in the past 24 hours, rising to $0.509635 after Ripple announced it had received in-principle regulatory approval in Singapore to offer digital asset services in the city-state.

22.06 / 06:17

business Blockchain Adoption Ripple XRP SEC services Ripple gets in-principle nod for digital asset services in Singapore

Blockchain-based payments firm Ripple has obtained in-principle regulatory approval from Singapore’s financial regulator to offer digital asset payments and token products in the city-state.

22.06 / 02:15

Blockchain Provident Digital Ripple XRP SEC CEO Crypto firm Ripple gets in-principle payments license in Singapore

Blockchain company Ripple said Thursday it received in-principle regulatory approval to operate in Singapore, in a rare moment of good news for the cryptocurrency industry globally as it faces tightening policy back home in the United States.

21.06 / 19:11

regulation Web3 Hong Kong Should Follow Singapore, Japan in Crypto: Government Study

A government study conducted by the Research Office at Hong Kong’s Legislative Council has suggested that the city should take cues from countries like Japan and Singapore in its efforts to develop and embrace Web3 technologies and crypto.

21.06 / 18:51

CBDC regulation stablecoins Monetary Authority of Singapore Proposes Protocol for Digital Money, Includes CBDCs and Stablecoins

Singapore’s central bank has proposed a whitepaper on purpose-bound money (PBM), a protocol that will define benchmarks for the use of digital money including central bank digital currencies (CBDCs) and stablecoins.

21.06 / 18:13

business Venture Capital Terra Luna Three Arrows Capital founders launch new VC fund

On June 21, OPNX exchange, a platform for trading claims against bankrupt crypto entities, announced a new ecosystem partner dubbed "3AC Ventures." According to developers, "the partnership will invest in projects building in the OPNX ecosystem and working towards a decentralized future." OPNX was founded by Su Zhu and Kyle Davies, who co-founded the now-bankrupt Singaporean hedge fund Three Arrows Capital (3AC).

21.06 / 17:17

business Technology Adoption Investments Web3 Decentralization Support Crypto payment solution Ramp expands on-ramp service, adds support for 40 fiat currencies

Ramp, a financial technology company specializing in crypto infrastructure, has announced a significant expansion of its platform’s compatibility, adding 40 new fiat currencies.

21.06 / 15:13

business Adoption Digital Currency regulation Digital Asset Singapore MAS proposes digital money standards with major industry players

The Monetary Authority of Singapore (MAS) released a proposal for a common protocol that would specify the conditions for the use of various types of digital currencies.

21.06 / 13:29

Adoption Gemini Crypto Exchange expansion sec lawsuit Gemini Announces Plans for Expansion in Asia-Pacific Amid SEC Lawsuit

Crypto exchange Gemini has announced plans to expand into the Asia-Pacific (APAC) region to capture the “next wave of growth for crypto.”

20.06 / 19:07

CBDC Adoption IMF Digital Asset DLT Ledger BIS Cross-border BIS releases unified-ledger proposal for cross-border, tokenized asset transactions

The Bank for International Settlements (BIS) has released a chapter of its annual report early. That chapter, on the future of the monetary system, discusses “a new type of financial market infrastructure — a unified ledger.” The chapter was published June 20, one day after the International Monetary Fund (IMF) released a paper describing its “single ledger” cross-border payments concept.

20.06 / 16:35

business Gemini Asia expansion Gemini plans Asia-Pacific expansion as part of 'next wave of growth for crypto'

United States-based cryptocurrency exchange Gemini, founded by Cameron and Tyler Winklevoss, has announced plans to expand into the Asia-Pacific region.

20.06 / 13:01

Adoption regulation Deutsche Bank Bafin Deutsche Bank reportedly applies for digital asset custody license from BaFin

Germany’s largest banking institution, Deutsche Bank, has reportedly applied for a digital asset custody license to the country’s financial regulator, the Federal Financial Supervisory Authority, or BaFin, in a bid to expand its revenue streams, Bloomberg reported.

20.06 / 10:21

UPS Extreme Action Remark SPY Blinken says he failed to revive military-to-military talks with China

BEIJING — U.S. Secretary of State Antony Blinken said Monday he failed to revive military-to-military talks with China, despite earlier hopes of reopening that communication channel.

19.06 / 17:03

Blockchain Ethereum defi Etherscan Etherscan launches AI-powered Code Reader

On June 19, Ethereum block explorer and analytics platform Etherscan launched a new tool, dubbed "Code Reader," that utilizes artificial intelligence to retrieve and interpret the source code of a specific contract address. After user prompt input, Code Reader generates a response via OpenAI's large language model (LLM), providing insight into the contract's source code files. Etherscan developers wrote:

19.06 / 14:51

Crypto.com Crypto Exchange Crypto.com Internal Trading Teams Prompt Concerns Over Conflicts of Interest

Major cryptocurrency exchange Crypto.com has come under scrutiny for deploying internal teams to trade tokens for profit.

19.06 / 01:07

CEO HANS Terra Terra’s Do Kwon Blames ‘Chinese-named Agency’ for ‘Fake Passports’

Do Kwon, the Terraform Labs founder and CEO, has told a Montenegro court that he did not know the “fake” travel documents he was allegedly trying to leave the country with were forged – and blamed a “Chinese-named agency.”

18.06 / 07:41

Lowe's MET FIVE Cooper SPY foreign Blinken meets Chinese Foreign Minister Qin Gang on high-stakes diplomatic trip to Beijing

U.S. Secretary of State Antony Blinken on Sunday met with Chinese Foreign Minister Qin Gang and top diplomat Wang Yi in Beijing on a high-stakes diplomatic mission to cool U.S.-China tensions that have overshadowed geopolitics in recent months.

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