Singapore Financial News
21.07 / 10:53
coinbase
creditors
Backed
Peter Thiel-backed crypto lender seeks protection from creditors
A cryptocurrency lender backed by Peter Thiel’s Valar Ventures and Coinbase Global filed for protection against creditors in Singapore after pausing withdrawals.
21.07 / 09:11
cryptocurrency
Luna
Suspends
Withdrawals
Southeast Asian crypto exchange Zipmex suspends withdrawals
Southeast Asia-focused cryptocurrency exchange Zipmex has suspended withdrawals, the company said in a tweet on Wednesday night, with an executive of its Thai affiliate citing liquidity difficulties at crypto lenders Babel Finance and Celsius.
21.07 / 09:11
cryptocurrency
Tesla
Bitcoin
Holdings
Suspends
Withdrawals
bitcoin holdings
Top Cryptocurrency News on July 21: Tesla sells bitcoin holdings, Zipmex suspends withdrawals and more
[content][quote]Market Buzz[/quote][title]Bitcoin, Ethereum fall up to 5%[/title][circularimage]
21.07 / 06:39
Tesla
Bitcoin
Experts reveal what Tesla's $936M sell-off means for Bitcoin
Crypto industry experts are largely unfazed by Tesla’s decision to sell 75% of its Bitcoin (BTC) holdings, saying it’s a fairly typical strategy for companies to improve cash flow during economic slowdowns.
21.07 / 05:35
Dogecoin
Cardano
cryptocurrency price today
Bitcoin
Crypto Price Today: Bitcoin tops $23,000; Cardano, Dogecoin, Shiba Inu gain up to 8%
Bitcoin topped the $23,000 mark, whereas Ethereum cooled down a bit after a super strong rally. The merge in Ethereum will shift the protocol from its energy-sapping proof-of-work model to a more environmentally friendly proof-of-stake one. All the top crypto tokens were trading higher on Wednesday. Cardano surged about 10 per cent, whereas Avalanche rallied over 8 per cent. Bitcoin and Shiba Inu gained over 6 per cent, whereas XRP added 4 per cent.
21.07 / 04:37
business
Bankruptcy
creditors
Crypto lender Vauld seeks protection against creditors: Report
Singapore crypto exchange Vauld Group is seeking a moratorium against its creditors — a move that would give the troubled lender more time to restructure its business after collapsing asset prices halted operations earlier this month.
20.07 / 18:41
20.07 / 17:53
Blockchain
COST
Aware
Mobile
Asia-focused Multi-currency Stablecoin Protocol, Bluejay Finance, Raises USD 2.9M in Funding
Disclaimer: The text below is a press release is not part of Cryptonews.com editorial content.
20.07 / 14:21
business
Investments
coinbase
Asia
Suspends
Withdrawals
Financial
Breaking: Zipmex suspends withdrawals as CEO denies financial trouble rumors
Thai cryptocurrency exchange Zipmex has paused withdrawals on its platform following a "combination of circumstances" beyond its control. Cointelegraph reports that Zipmex could be in trouble were dismissed as “rumors” by CEO and co-founder Marcus Lim following the failed acquisition of the Thai exchange by Coinbase.
20.07 / 14:09
Provident
litecoin
Platform
Monero
TradingView Pairs with OKX, Offering Over 260 Cryptos Trading
TradingView, a leading charting and trading platform, has partnered with crypto exchange OKX to bring more than 260 cryptocurrencies to its framework.
19.07 / 23:49
business
Investments
Court
Bankruptcy
Source claims 3AC's Deribit exposure is worth much less than reported
Court documents that describe the insolvency of failed crypto hedge fund Three Arrows Capital, also known as 3AC, may be overestimating the value of the firm’s remaining assets — specifically, its exposure to crypto options exchange Deribit.
19.07 / 22:09
business
Blockchain
3AC allegedly liable for $2.8B in creditor claims
According to Twitter user @DrSoldmanGachs, a self-proclaimed creditor of troubled Singaporean crypto hedge fund Three Arrows Capital (3AC), the now-defunct entity allegedly owes $2.8 billion in claims, as discovered through a recent 3AC creditors meeting. In addition, the claim amount could be understated, as many have either not made their claim or have not disclosed their claim amounts for reasons of confidentiality.
19.07 / 21:07
regulation
Venture Capital
Terra
Financial
Singapore's financial watchdog pushes back against Terra and 3AC associations
Ravi Menon, the managing director of the Monetary Authority of Singapore, or MAS, said companies often labeled by the media in connection to the recent market volatility as “Singapore-based” were not representative of the country’s approach to crypto regulation.
19.07 / 21:07
business
European Union
regulatory
Crypto.com secures regulatory license in Italy
Digital asset exchange Crypto.com has received approval from Italian regulators to offer its services in the Mediterranean country — a move the company says aligns with its vision of “building lasting growth in the region.”
19.07 / 18:31
Blockchain
Ethereum
CFTC
Bitcoin
Warning
NFT Warning, Bitcoin Mining Academy, Inflation in EU Heats Up + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
19.07 / 09:39
Blockchain
UPS
Provident
Platform
Fellaz Paves the Way for Web3 Entertainment Platform for Major K-pop Artists, Influencers, and Fans
Disclaimer: The text below is a press release is not part of Cryptonews.com editorial content.
19.07 / 01:33
business
SoftBank
Court
Time
3AC liquidators seek time, access to headquarters as Genesis, Algorand ties are untangled
The liquidators of failed crypto hedge fund Three Arrows Capital (3AC) have filed an application in the High Court of Singapore for a stay on claims against 3AC and access to the company’s Singapore headquarters. The liquidators said in the 1,157-page document that a court decision is needed in light of the number legal proceedings that may arise in the near future and the “virtual radio silence from the management/directors of the Company.”
18.07 / 19:49
Blockchain
Technology
Asia
events
Eight-day hackathon planned at one of Asia's biggest blockchain events
One of Asia's biggest blockchain events is due to take place within weeks — and it's going to feature an eight-day hackathon.
18.07 / 14:41
Blockchain
Provident
Digital
Platform
ING
ING spins out digital asset custody platform to GMEX
Pyctor provides safekeeping and transactional network services for a broad range of digital assets, as well as delivering interoperability between permissioned and public blockchains. The platform was incubated in ING Neo’s Amsterdam innovation lab, in collaboration with major financial institutions and regulators.
18.07 / 12:51
UPS
BTC
Bitcoin
Crypto Investments Shrunk nearly 25% to about $9.3B in H1
Penetration of the crypto space has decreased; venture capital firms' investment shrunk nearly 25% from a record $12.5 billion invested in the first half of last year to about $9.3 billion in the first six months of this year.
18.07 / 10:07
cryptocurrency
crypto news
network
Celsius Network Reveals $1.19 Billion Hole In Crypto Lender's Bankruptcy Protection Filing
Crypto lender Celsius Network reveals $1.19 billion hole in bankruptcy filing
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