Singapore Financial News

23.12 / 09:01

business regulation Web3 HK HK legislator’s firm to lure 1,000 Web3 start-ups over 3 years

A start-up accelerator co-founded by Hong Kong legislative council member Jonny Ng Kit-Chong wants to attract 1,000 Web3 businesses to set up shop in the city-state over the next three years.

16.12 / 14:09

business Asia Bitcoin Amber Group raises $300M to recover from FTX contagion

Amber has completed a new $300 million Series C funding round, led by blockchain-focused venture capital company Fenbushi Capital US, the firm announced on Twitter on Dec. 15.

16.12 / 02:15

VISA regulation emi Crypto.com continues its worldwide registration push with Brazilian EMI license

Crypto.com has received a Payment Institution License (EMI) from Banco Central do Brasil, the central bank of Brazil. The license will allow it to “continue offering regulated fiat wallet services for customers in Brazil,” according to an announcement on the company’s website. Crypto.com has offered a Visa card in Brazil for purchases in cryptocurrency or fiat since last year.

15.12 / 22:49

business Blockchain Technology Investments acquires Amber Group acquires cryptocurrency platform Sparrow exchange: report

Cryptocurrency trading firm Amber Group, which had roughly 10% of its trading capital stuck on FTX at the time of the exchange’s collapse, has reportedly acquired cryptocurrency platform, Sparrow Holdings according to an announcement on Dec. 14.

15.12 / 16:47

Blockchain Twitter Aware Platform services Portal Utility Climate Tech Crypto Startup YES WORLD launches Utility Services Portal, available in 80 countries

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

15.12 / 16:07

China’s Leaders Plot Pivot Back Toward Boosting Economy

SINGAPORE—The Chinese government is shifting back to growth mode, as a rapid deterioration in economic conditions prompts alarmed officials to turn more of their focus to development after years of criticizing cadres who gave priority to growth at the expense of social stability and fiscal prudence.

14.12 / 11:49

CEO Platform Southern Luna Terra Co-Founder Do Kwon Allegedly Hiding In Serbia

In order to send Kwon back to South Korea so that he may face charges there, South Korean officials have made a request for assistance from the government of Serbia.

13.12 / 20:03

business Blockchain Bitcoin Regulation Terra Luna 'Old money has all but fled,' Huobi co-founder discusses challenges of running $400M VC fund

In a new Twitter post dated Dec. 12, Du Jun, co-founder of cryptocurrency exchange Huobi Global, shared new insight on his experience of running ABCDE Capital, a $400 million Web 3.0 venture capital (VC) fund, in June this year. According to Jun, the idea for ABCDE Capital came in March, and by April, it was already registered in Singapore. However, amidst the $40 billion Terra Luna implosion in May, Jun said that "old money has all but fled" after the incident.

13.12 / 18:45

Blockchain Crypto hotspots continue to thrive despite FTX collapse

The sudden failure of FTX has left many people questioning the impact this will have on the cryptocurrency ecosystem. For instance, it remains questionable whether or not crypto hotspots will continue to flourish or if there will be a decline in innovation.

13.12 / 18:19

Ethereum ETH Provident coinbase Stader Labs Unveils Plan for a decentralized, DeFi-friendly Liquid Staking solution on Ethereum

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

12.12 / 13:45

Terra Luna Classic S Korean Prosecutors Say Do Kwon Is in Serbia, Terra Luna Classic Takes a Tumble

South Korean prosecutors have claimed Do Kwon is “in hiding” in Serbia – and have asked the European nation’s police force to hand him over to them. Meanwhile, it has been a rocky past few hours for Terra Luna Classic (LUNC) – the token launched by Kwon and his firm Terraform Labs.

12.12 / 05:25

regulation Interpol Terra co-founder Do Kwon hiding out in Serbia, says authorities

It is understood that Terraform Labs’ controversial founder and CEO Do Kwon is currently located in the Southeast European nation of Serbia after leaving Singapore in September.

09.12 / 21:51

Provident Platform Strategy Mobile Accessibility WOM Protocol Hits Multi-Platform Milestone Boosting Web3 Accessibility For Content Creators And Brands With Web3 BULLZ App

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

09.12 / 18:51

Provident Digital Ripple CEO PUMP SIX, Ripple and Middlegame Ventures pump $72 million into Keyrock

Keyrock CEO Kevin de Patoul, says the firm will use its funding to invest further into infrastructure development, scalability tools, as well as regulatory licensing across Europe, the US and Singapore."The new round of funding allows us to dramatically accelerate executing our vision to provide liquidity solutions for all digital assets," he says. "By doubling down on our focus on clients and scalability, we will be looking to expand into new markets with targeted services.”Earlier this year, Keyrock doubled the size of the workforce globally to over 100 employees.

09.12 / 18:39

business Investments Bitcoin expansion Amber Group ditches expansion plans after denying insolvency: Report

Cryptocurrency trading firm Amber Group is putting its expansion plans on hold despite the FTX contagion having “no disruption” to its daily operations, according to a senior executive.

09.12 / 17:17

Blockchain Tax Bitcoin Earth Billionaire Tim Draper Says El Salvador Will Become One of the Richest Countries on Earth For This One Reason

American venture capitalist and billionaire Tim Draper argues that bitcoin (BTC) will lead El Salvador to become one of the richest countries in the world.

09.12 / 12:37

Blockchain Provident Digital Platform SmarterWorx Project Fresh On The Scene With Concept To Rival MakerDAO And BitDAO

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

08.12 / 16:57

Research Bitcoin Cryptocurrency market is 'most mature' in these 2 countries, new Huobi report reveals

Bitcoin (BTC) and crypto are only used by 13.7% of Americans, but they generate more exchange volume than anyone else.

06.12 / 13:29

regulation Fried Sam hearing Texas enforcers want Sam Bankman-Fried to attend the hearing in February: Law Decoded

Welcome to Law Decoded, your weekly digest of all the major developments in the field of regulation.

06.12 / 10:45

business Adoption Scams YouTube Metallica issues crypto scam alert before the 72 Seasons album launch

It’s quite evident that bad actors have left no stone unturned as legendary metal band Metallica warned fans against crypto giveaway scams right before their highly anticipated launch of its new album, 72 Seasons.

05.12 / 09:37

BTC/USD ETH/USD Bitcoin Price Prediction Ethereum Price Prediction Time Bitcoin Price and Ethereum Back above $17,000 and $1,300 - Time to Buy?

On December 5, Bitcoin, the leading cryptocurrency, finally broke above the major resistance level of $17,000, and it is now heading north to $17,600. Similarly, Ethereum, the second-most valuable cryptocurrency, has broken through the $1,300 barrier and is on its way to $1,350.

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