Singapore Financial News

23.09 / 12:33

Provident BLOCK Digital Bitcoin Premium DBS Offers 4 Crypto Trading for Premium Clients in Singapore

Singapore-based banking giant DBS announced Friday that it has launched crypto trading through its digibank, enabling accredited investors to trade four cryptocurrencies on its digital exchange.

23.09 / 10:41

Nexo What crisis? High-stakes crypto lending looks here to stay

Odell, an analyst at British crypto lender Blockchain.com, instant messaged Edward Zhao of Three Arrows Capital asking that the Singapore hedge fund repay at least part of a $270 million loan. Three Arrows had just taken a hit from the collapse of cryptocurrency Terra, raising doubts about its ability to repay. That was a worry for Blockchain.com since it had not taken collateral to secure the loan, court filings show. «This is time sensitive so let's sort if you're available,» Odell said of the repayment. Zhao appeared lost for words.

22.09 / 17:41

Wells Fargo bolsters M&A team in Europe and Asia with three senior hires

Wells Fargo has hired a trio of senior dealmakers to bolster its M&A team in Europe and Asia.

22.09 / 05:53

Blockchain Adoption Asia NFTs ‘biggest on-ramp’ to crypto in Central, Southern Asia and Oceania — report

Nonfungible tokens (NFTs) may be the biggest driver of crypto adoption in Central, Southern Asia, and Oceania (CSAO), a new report has found.

22.09 / 02:25

UPS SoftBank Coindesk valuation FTX in talks to raise up to $1 billion at valuation of about $32 billion, in-line with prior round

Sam Bankman-Fried's crypto conglomerate FTX is in talks with investors to raise up to $1 billion in new funding that would keep the company's valuation at roughly $32 billion, according to people with knowledge of the discussions.

21.09 / 22:14

UPS Luna United States: Will this new bill ban Terra-like stablecoins for 2 years

A recent Bloombergreport stated that upcoming legislation would ban algorithmic stablecoins such as TerraUSD that collapsed in May this year leading to a global crypto crash.

21.09 / 21:16

Law regulation Terra Majority of crypto exchange leadership should be comprised of citizens, say Indonesian regulators

Jerry Sambuaga, the deputy minister of Indonesia’s Ministry of Trade, has proposed a rule that would require the leadership at the country’s crypto exchanges to be more representative of its citizens.

21.09 / 11:41

cryptocurrency Reuters What Crisis? High-Stakes Crypto Lending Looks Here To Stay

On May 11, Scott Odell, an analyst at British crypto lender Blockchain.com, instant messaged Edward Zhao of Three Arrows Capital asking that the Singapore hedge fund repay at least part of a $270 million loan.

20.09 / 20:25

Ethereum Bitcoin Bitcoin Price Crypto market dumps after Ethereum Merge, why? Watch The Market Report

On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss why the crypto market is dumping after the Ethereum Merge and why the bears are winning.

20.09 / 13:11

UPS Terraform Labs Terra South Korean Prosecutors Turn to Interpol for Help in Hunt for Do Kwon

Source: Screenshot/YouTube/Coinage

20.09 / 09:55

Blockchain Lowe's Huobi Huobi Global to List Inery Token on September 28th, 2022

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

20.09 / 09:01

business Technology Art Sport Nifty News: The Sandbox hosts its first wedding, Hollywood actor auctions photo of eye as NFT and more

Decentralized blockchain-based metaverse The Sandbox has held its first hybrid digital and real-life wedding on its Metaverse.

20.09 / 00:15

Twitter Cooper Extreme Luna South Korean prosecutors seek Interpol red notice, is LUNA on risk

Less than a week after South Korean authorities issued an arrest warrant for the founder of TerraForm Labs, the company behind TerraUSD, the prosecutor’s office is now seeking an Interpol red notice against Do Kwon.

19.09 / 19:45

Law regulation crimes Terra South Korean authorities ask Interpol to issue 'Red Notice' for Do Kwon: Report

South Korean prosecutors have reportedly requested Interpol intervene in their case against Terra co-founder Do Kwon by issuing a "Red Notice" — suggesting global law enforcement agencies may attempt to find and detain him.

19.09 / 19:29

cryptocurrency Ether Bitcoin Crypto downslide leads to over $430 million in liquidation, Bitcoin leverage traders worst-hit

The current spell of downslide in the cryptocurrency market, which has been stoked by soaring inflation and the consequent hike in interest rates, has led to nearly half a billion dollar in liquidations.

19.09 / 17:55

business Adoption Fashion Women The Metaverse is becoming a platform to unite fashion communities

A recent report from technology research and advisory firm Technavio predicts that the Metaverse will hit a market share value of $50.37 billion by the year 2026. Therefore, it shouldn’t come as a surprise that the trillion-dollar fashion industry has started taking a major interest in the Metaverse.

19.09 / 14:29

Twitter CEO Terra Prosecutors Hunt for ‘Fugitive’ Do Kwon & Say He Left South Korea ‘in April’

South Korean prosecutors have labeled the Terraform Labs CEO Do Kwon a “fugitive” – and have claimed that he fled South Korea in April – several days before the crash of Terra ecosystem coins like TerraUSD (UST).

19.09 / 13:59

FIVE Cooper Extreme NOT Do Kwon Tweets "Not on the Run", Willing to Disclose Location

Terraform Labs' founder claimed on Saturday that he is not on the run but in «full cooperation» with government agencies interested in communicating.

19.09 / 13:03

FIVE Extreme Luna Wanted Terra crypto developer may be trying to escape probes but Do Kwon denies being on the run

The wanted crypto developer Do Kwon, who is accused of fraud by investors following the $45 billion (€45 billion) collapse of his cryptocurrencies Luna and TerraUSD, is reportedly trying to evade South Korean authorities.

19.09 / 10:37

cryptocurrency World News Bitcoin Bitcoin falls below $19,000 as cryptocurrencies creak under rate hike risk

Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy on risky assets with interest rate rises looming around the world.

19.09 / 10:15

cryptocurrency Lowe's cryptos Bitcoin Low Bitcoin Falls Below $19,000 To 3-Month Low As Cryptos Creak Under Rate Hike Fears

Cryptocurrencies fell to fresh lows on Monday

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