Singapore Financial News
19.09 / 10:15
Blockchain
cryptocurrency
crypto news
Luna
NOT
Crypto Developer Do Kwon Wanted For Fraud Not In Singapore: Police
Wanted crypto developer Do Kwon is not in Singapore, police say
19.09 / 05:47
cryptocurrency
Federal Reserve
Bitcoin
Fed rate hike
Bitcoin, Ether extend crypto selloff as big Fed rate hike looms
Cryptocurrencies extended a slide on Monday, hampered by a further drop in the second-largest token Ether as well as the prospect of a global wave of monetary tightening this week spanning the US to Europe.
19.09 / 05:27
business
Law
Terra Luna
NOT
Terra co-founder Do Kwon says he’s not ‘on the run’
Do Kwon, the co-founder of the Terra ecosystem, took to Twitter on Saturday asserting he’s “not ‘on the run’ or anything similar” after the Singapore Police Force (SPF) said Kwon wasn’t in the city-state.
19.09 / 00:43
FIVE
Cooper
Luna
LUNA investors may be panicking right now thanks to this Do Kwon update
According to a report, an arrest warrant has been issued by a court in South Korea against the founder of Terraform Labs, Do Kwon, and five others. The report in question went on to say that the allegations against Do Kwon include violations of the country’s capital markets laws, among others.
18.09 / 00:07
UPS
CoinMarketCap
Terra Luna
LUNA’s 8% surge may be noteworthy but a trip down south may be on the cards
Terra LUNA founder Do Kwon could be facing the heat despite acting like the South Korean arrest warrant was not his concern. In a new turn of events, things seemed to be working against Kwon after a Bloomberg report showed that he was facing challenges in far-away Singapore.
16.09 / 13:37
Blockchain
Ethereum
ETH
Waters
If This is a Netscape Moment for Web3 What Does that’s mean for Ethereum?
Ethereum completed its long-anticipated Merge on Thursday without any hiccups as the protocol switched from a Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus mechanism.
16.09 / 06:21
business
cryptocurrency
crypto news
Bitcoin
Bitcoin Down
Cryptocurrency Prices Today September 16: Bitcoin down 3.29%, biggest laggard
Major cryptocurrencies traded in the red early today on September 16 as the global crypto market cap declined 2.71 percent to $960.06 billion over the last day. On the other hand, the total crypto market volume jumped 9.49 percent to $84.26 billion during the last 24 hours.
15.09 / 21:23
regulation
Financial
Singapore's financial authority grants license to SBI's digital asset arm
The Monetary Authority of Singapore, or MAS, has granted SBI Digital Markets, a subsidiary of the digital asset arm of Japan-based financial giant SBI Holdings, a license to conduct certain regulated activities in the country.
15.09 / 21:01
Blockchain
regulation
Terra Usd
Terra Luna
South Korean prosecutors apply to revoke Do Kwon and other Terra employees' passports
According to local news outlet gynews.kr, the Seoul Southern District Prosecutors' Office's Joint Financial Securities Crime Investigation Team says it will be contacting the country's Ministry of Foreign Affairs to nullify the passports of Terra Luna co-founder Do Kwon and five other project developers. Prosecutors also plan to contact Interpol and escalate the South Korean arrest warrant issued the day prior into an international arrest warrant.
15.09 / 19:19
cryptocurrency
cryptocurrency market
South Korea seeks to arrest developer of failed cryptocurrency Luna
A South Korean court has issued an arrest warrant for Do Kwon, the primary developer of cryptocurrencies Luna and TerraUSD, whose spectacular collapse in May roiled crypto markets around the world.
15.09 / 18:25
15.09 / 11:35
FIVE
HANS
Terra
South Korean Authorities to Void Do Kwon’s Passport and Expedite Deportation
South Korean prosecutors have intensified their efforts to capture Do Kwon, the co-founder and CEO of Terraform Labs – with the Ministry of Foreign Affairs ready to step in to void his passport.
14.09 / 19:29
FIVE
Terraform Labs
Terra Co-Founder Do Kwon Faces Arrest Warrant in South Korea
As reported by Bloomberg, Do Kwon, Terra's co-founder, and five others have been served an arrest warrant following UST's crash in May of 2022. According to a text message from the prosecutor's office in Seoul, the arrest is based on allegations that include violations of the nation’s capital markets law. Neither Do Kwon nor South Korea’s Supreme Prosecutors’ Office has issued a statement at the time of writing. Following the news, LUNA's price has decreased by 45% to $2.40. Additionally, the market cap has fallen 42% to $413.2 million.
14.09 / 19:21
FIVE
Cooper
HANS
Terraform Labs
Is South Korea getting ready to arrest Do Kwon- Decoding details
Due to the South Korean government’s request for his arrest, Do Kwon, the founder of Terraform Labs, is in grave danger. The cryptocurrency market lost $40 billion as a result of Terra’s stablecoin USTC and Terra Classic LUNC collapsing.
14.09 / 13:11
Lowe's
FIVE
Platform
Seoul Court Issues Arrest Warrant for Do Kwon and 5 Others
Do Kwon, the founder of the bankrupt Terraform Labs crypto ecosystem, has been issued an arrest warrant from a court in South Korea.
14.09 / 12:55
Digital
CEO
Southern
Luna
[Updated] South Korean Prosecutors Issue Do Kwon Arrest Warrant
South Korean prosecutors have issued an arrest warrant for Do Kwon (real named Kwon Do-hyeong), the co-founder and CEO of Terraform Labs – the firm behind the Terra ecosystem coins LUNA and LUNC. [Updated at UTC 09:03]
14.09 / 12:31
Lowe's
FIVE
South Korea issues arrest warrant for Terra Founder Do Kwon
While the LUNC community rejoices because of a potential comeback for the Terra Luna Classic (LUNC) token, the founder of the Terraform Labs, Do Kwon, is now facing a warrant of arrest from South Korean authorities.
14.09 / 07:37
Provident
Cooper
Platform
Pool
investment platform
Cryptocurrency Investment Platform HASHFROG Partnered With BITMAIN and ANTPOOL To Enter The KDA Ecosystem
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
14.09 / 01:30
business
Blockchain
restrictions
Filecoin service provider announces move to Singapore in light of tightening restrictions in China
RRMine Global, a Filecoin service provider offering global cloud-computing asset management, announced Wednesday that it has shut down business operations in mainland China and is relocating its headquarters to Singapore.
13.09 / 17:33
Blockchain
Provident
Digital
Huobi
HashKey
Hashkey receives SFC’s approval to manage crypto portfolio- Decoding details
Hong Kong-based HashKey Capital Limited has beengranted a license from the Securities & Futures Commission (SFC) of Hong Kong to manage portfolios invested in 100% virtual assets.
12.09 / 22:33
defi
Algorand
Terra Luna
Lost
Algorand Admits it has Lost $35 Million in the Hodlnaut Implosion
The ongoing bear market in the cryptocurrency market that started earlier this year has led to many companies suffering immense losses. One of the recent firms to announce losses because of the bear market is Algorand, which has reported a loss of $35 million following the Hodlnaut debacle.
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