Singapore Financial News
02.12 / 22:53
business
Law
Bankruptcy
hedge fund
3AC bankruptcy process faces challenges amid unknown whereabouts of founders
Liquidators for Three Arrows Capital (3AC) will have to present further documents to grant the permission to subpoena the now-bankrupt crypto hedge fund's founders through Twitter, according to a decision from judge Martin Glenn during a virtual hearing for the Southern District of New York Bankruptcy Court on Dec. 2.
02.12 / 22:37
regulation
Social Media
Bankruptcy
blast
Legal team for 3AC liquidators blast founders for shifting blame to FTX, media blitz amid bankruptcy
The founders of Three Arrows Capital, or 3AC, the Singapore-based crypto hedge fund with close ties to Terra Labs, have been spending more time engaging on social media and news outlets than dealing with its own liquidation, according to bankruptcy lawyers.
02.12 / 19:09
Blockchain
Ethereum
Fashion
Bitcoin
Today in Crypto: Sberbank's Blockchain Platform to be Ethereum-Compatible, Internet Computer's Mainnet Integrates with Bitcoin, Exclusive Automotive Group Accepts Crypto
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
02.12 / 18:11
Blockchain
Digital
CEO
Platform
FNCY Launches Own Mainnet With New Tokenomics
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
02.12 / 17:25
business
Bitcoin
acquires
Thai VC fund acquires troubled exchange Zipmex for $100M: Report
After weeks of negotiations on a potential buyout of Zipmex, venture capital fund V Ventures has reportedly reached a deal to acquire the embattled cryptocurrency exchange.
02.12 / 13:41
Action
outbreak
China’s Central Bank Takes Action as Record Covid-19 Outbreak Hits Economy
SINGAPORE—China’s central bank moved to backstop growth by boosting lending to households and businesses, as the world’s second-largest economy struggles with its biggest Covid-19 outbreak since the pandemic began.
01.12 / 14:39
Action
outbreak
China’s Central Bank Takes Action as Record Covid-19 Outbreak Hits Economy
SINGAPORE—China’s central bank moved to backstop growth by boosting lending to households and businesses, as the world’s second-largest economy struggles with its biggest Covid-19 outbreak since the pandemic began.
01.12 / 14:39
Citi
outbreak
recovery
China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread
SINGAPORE—Widespread lockdowns imposed across China as authorities there struggled this week to contain the country’s largest Covid-19 outbreak threaten to again create uncertainty in global supply chains and dim the prospects for world economic growth.
01.12 / 03:35
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.
01.12 / 01:09
CFTC
regulation
US CFTC commissioner calls for new category to protect small investors from crypto
United States Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero spoke at the Futures Industry Association Asia Derivatives Conference in Singapore on Nov. 30. She talked about “how to harness the best that technology offers, while protecting against emerging threats,” with particular emphasis on cybersecurity and crypto.
01.12 / 01:09
business
defi
Liquidity
Funding
Market maker Keyrock closes $72 million in Series B funding round
Digital asset market maker Keyrock has raised $72 million in a Series B round of funding, according to an announcement on Nov. 30. Ripple, SIX Fintech Ventures, and Middlegame Ventures are among the investors in the round.
30.11 / 17:13
business
Government
regulation
Singapore’s Temasek sees ‘reputational damage’ due to FTX, official says
Singapore government-owned investment firm Temasek has suffered a lot more than just financial losses due to investing in FTX, according to Deputy Prime Minister Lawrence Wong.
30.11 / 15:31
Manufacturing
Covid Controls Hit Chinese Factories, Adding Risks to Global Growth
SINGAPORE—Economic activity in China contracted further in November, adding pressure to a global economy already losing momentum as the war in Ukraine drags on and central banks raise interest rates to combat high inflation.
30.11 / 13:43
Blockchain
Binance
regulation
acquires
Binance acquires regulated crypto exchange in Japan
Cryptocurrency exchange Binance plans to reenter the Japanese market after acquiring a 100% stake in a licensed crypto service provider in the country, Cointelegraph Japan reported.
30.11 / 13:43
Citi
outbreak
recovery
China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread
SINGAPORE—Widespread lockdowns imposed across China as authorities there struggled this week to contain the country’s largest Covid-19 outbreak threaten to again create uncertainty in global supply chains and dim the prospects for world economic growth.
30.11 / 13:43
Action
outbreak
China’s Central Bank Takes Action as Record Covid-19 Outbreak Hits Economy
SINGAPORE—China’s central bank moved to backstop growth by boosting lending to households and businesses, as the world’s second-largest economy struggles with its biggest Covid-19 outbreak since the pandemic began.
30.11 / 12:29
29.11 / 17:51
BTC/USD
Bitcoin Price Prediction
Dash 2 Trade
Calvaria
Bitcoin Price Prediction as BTC Bounces From $16,000 – Can it Go Lower?
On November 29, the Bitcoin price prediction remained bearish under the $16,650 resistance level as the "Risk-off" sentiment continued to dominate the global financial markets. BlockFi is the latest victim of the FTX collapse, and it's a lender in the troubled cryptocurrency space that has filed for bankruptcy.
29.11 / 17:01
Citi
outbreak
recovery
China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread
SINGAPORE—Widespread lockdowns imposed across China as authorities there struggled this week to contain the country’s largest Covid-19 outbreak threaten to again create uncertainty in global supply chains and dim the prospects for world economic growth.
29.11 / 17:01
Action
outbreak
China’s Central Bank Takes Action as Record Covid-19 Outbreak Hits Economy
SINGAPORE—China’s central bank moved to backstop growth by boosting lending to households and businesses, as the world’s second-largest economy struggles with its biggest Covid-19 outbreak since the pandemic began.
29.11 / 14:55
Blockchain
Adoption
Digital
Caribbean
Dominica works with Huobi for digital identity program
Cryptocurrency exchange Huobi has partnered with the Commonwealth of Dominica to roll out a digital identity and national token service that promises digital citizenship of the West Indian island nation.
latest developments in Singapore
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