Singapore Financial News
19.10 / 00:03
business
lending
Bankruptcy
Voyager Digital won’t sue its executives for incompetence, will claim insurance on them
Voyager Digital has preferred not sue its top executives for incompetence, in spite of their role in approving a huge loan to Three Arrows Capital (3AC) without adequate due diligence. That loan was a key element leading to Voyager Digital’s bankruptcy. Court papers filed Oct. 17 show that a Voyager Digital internal special committee has proposed that CEO Stephen Ehrlich and chief commercial officer (formerly chief financial officer) Evan Psaropolous keep their jobs and not be sued.
18.10 / 23:27
UPS
SEC
Three Arrows Capital Under Investigation by SEC and CFTC After Bankruptcy
American regulators have launched investigations into the activities of bankrupt Singaporean hedge fund Three Arrows Capital (3AC), with the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), seeking to identify the reasons and responsible persons behind the crypto-focused firm’s collapse.
18.10 / 23:00
Blockchain
UPS
Provident
Assurant
BitKeep Swap exploited to the tune of $1 million, thanks to…
Singapore-based BitKeep Wallet has lost $1 million following a hack that saw its swap feature exploited by the perpetrator.
18.10 / 14:07
Provident
Extreme
Bitcoin
Bankrupt crypto
3AC, the bankrupt crypto hedge fund sees a new twist in the case as…
According to a Bloomberg report, two United States regulators, the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) are now investigating the bankrupt Singapore-based cryptocurrency hedge fund Three Arrows Capital (3AC) for misleading investors about its balance sheet and not registering with the two agencies.
18.10 / 12:31
Interpol
Bitcoin
Interpol reportedly creates dedicated unit to fight crypto crimes
The International Criminal Police Organization is reportedly planning to strengthen its crackdown on cryptocurrency-related crimes by forming a dedicated division.
18.10 / 07:45
business
Law
Bankruptcy
3AC liquidators seek ‘alternative means’ to subpoena missing founders
Liquidators for Three Arrows capital (3AC) have asked a U.S. court to grant them permission to subpoena the embattled crypto hedge fund's founders through “alternative means.”
18.10 / 07:31
cryptocurrency
Binance
Platform
cryptocurrency news
Crypto.com Chooses Paris For European Headquarters
Crypto.com chooses Paris for European headquarters
17.10 / 14:53
Adoption
Investments
Q3
Top crypto
Germany leaves the US behind in top crypto economies in Q3: Report
Germany has become the most favorable crypto economy in the world in the third quarter of 2022, according to a new report. The United States, the joint top-rank holder from last quarter, fell six places to rank seventh on the top crypto economy.
14.10 / 17:23
China’s Inflation Rises at Fastest Pace in Two Years
SINGAPORE—Consumer prices in China rose in September at their fastest annual pace in more than two years, though inflation in the world’s second-largest economy remains mild compared with rates seen in Europe and the U.S.
13.10 / 14:53
Blockchain
Provident
Digital
coinbase
regulatory approval
regulatory
Singapore grants regulatory approval to this exchange
Cryptocurrency exchange Blockchain.com has recently beengranted preliminary approval from Singapore to provide crypto services in the Southeast Asian city-state. The exchange plans to grow its Singapore office and expand its client base as this process goes underway.
13.10 / 05:57
Trezor
licence
Crypto giant Coinbase gets Singapore licence
crypto investor. They've seen the value of their holdings drop like a brick this year, and now many are stewing over the safety of their crypto cash after a series of heists that's seen around $2 billion spirited away by hackers. Enter the ghost of technology's past. Hardware wallets — old-school physical devices similar to USB drives that stash crypto holdings offline — might seem a throwback to a more innocent digital age, but they're proving to be a popular response to a cutting-edge conundrum.
11.10 / 18:15
11.10 / 17:02
Provident
Digital
Platform
coinbase
Crypto License
Coinbase secures its crypto license in Singapore, but…
The largest cryptocurrency exchange in the United States, Coinbase, announced that Singapore’s central bank had approved it to provide payment services in the city-state.
11.10 / 13:23
UPS
Digital
coinbase
licence
Coinbase Enters Singapore after Gaining Licence
Coinbase has entered the Singaporean market as it has gained approval from the central bank to offer its crypto services in the city-state.
11.10 / 07:27
cryptocurrency
Digital
coinbase
cryptocurrency news
licence
US Crypto Giant Coinbase Gets Licence To Operate In Singapore
Crypto giant Coinbase gets Singapore licence
07.10 / 17:29
Legal
Terra Luna Classic
S Korean Court Rejects Terra Exec Arrest Warrant Request, LUNC Prices Rise
Prosecutors in South Korea have been dealt a blow after a district court rejected their arrest warrant request for a Terraform Labs executive who they think headed the troubled firm’s business operations – with Terra Luna Classic (LUNC) prices rising high in the wake of the news.
07.10 / 11:43
cryptocurrency
Digital
Luna
fugitive
boost
Crypto fugitive Kwon gets boost as Terra Aide avoids detention
Crypto fugitive Do Kwon received a boost after a court allowed an executive linked to his collapsed Terraform Labs ecosystem to avoid jail and indicated room for dispute over some of the allegations the person faces.
07.10 / 09:51
UPS
cryptocurrency
Platform
Indian
Indian crypto exchange ZebPay seeks Singapore permit, eyes UAE
One of India’s oldest cryptocurrency exchanges is looking overseas for growth as the nation’s tax policies crush the domestic market.
06.10 / 20:45
Blockchain
ETH
Platform
Wallet Linked to Bankrupt Three Arrows Capital Shows Activity Despite ‘Missing’ Founders
A number of non-fungible tokens (NFTs) collected by Starry Night Capital, an NFT fund established by the Singaporean bankrupt crypto hedge fund Three Arrows Capital (3AC), were moved to a new wallet by Teneo, the consultancy leading 3AC’S bankruptcy proceedings.
06.10 / 12:39
Blockchain
Provident
Binance
Software
AAG Partners with World Leading Blockchain PR & Marketing Firm MarketAcross
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
06.10 / 01:11
business
NFT
Bankruptcy
Three Arrows Capital's NFTs collection to be liquidated
Teneo, the liquidation firm in charge of the Three Arrows Capital (3AC) bankruptcy process, confirmed in a statement to Cointelegraph on Oct. 5 that it has custody of the NFTs moved from the addresses related to Starry Night Capital, a fund launched by the co-founders of the now-bankrupt hedge fund.
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