Singapore
Ava Labs CEO Rejects Crypto Leaks Allegations; Sam Bankman-Fried Denies Rumored Huobi Acquisition
Ava Labs CEO Emin Gun Sirer says Kyle Roche of the law firm Roche Freedman was never directed to file lawsuits against his competitors, as claimed by self-described "whistleblower" website Crypto Leaks. FTX CEO Sam Bankman-Fried denies reports suggesting the crypto exchange is planning to acquire Huobi. Singapore's central bank wants to promote a digital asset ecosystem while restricting crypto speculation.
Singapore’s Crypto Dance; Women in Web 3
Singapore’s central bank provides clarity for crypto regulation, while Forkast and NEAR Foundation initiative champions women in Web 3. Those stories and other news shaping the cryptocurrency world in this episode of “The Daily Forkast.”
Crypto Exchange Gemini Now Offers Staking Rewards
Crypto exchange Gemini will offer support for clients throughout the U.S., Singapore and Hong Kong to earn and store staking rewards in their accounts. Gemini Vice President of Product Layla Amjadi discusses how the service could help increase user interest ahead of Ethereum’s upcoming shift to a proof-of-stake model.
Huobi Warning Issued; Singapore’s Blockchain Aims
Huobi Global talking to Malaysian regulator after being put on investor alert list. What’s happening with crypto regulation in Asia? Singapore’s developing crypto landscape. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Crypto Lender Hodlnaut Applies for Creditor Protection; Stronghold Digital Restructures Debt
Cryptocurrency lending platform Hodlnaut has filed an application with the Singapore High Court to be put under judicial management, a form of protection from creditors. Plus, Stronghold Digital Mining (SDIG) said Tuesday it had negotiated with its lenders to dramatically restructure its financing agreements to eliminate more than half of its total debt and associated interest and principal payments.
Do Kwon Breaks His Silence on Terra Implosion
Terraform Labs founder Do Kwon finally breaks his silence after the $60B implosion of the Terra ecosystem that shook the crypto industry. Trustless Media co-founder Zack Guzman, who flew to Singapore to capture the exclusive for the new "NFTV" show Coinage, shares his insights about the interview, along with building a Web3 media company.
MAS Mulls Crypto Limits; Pacquiao’s Pacman NFTs
Singapore’s central bank considers limiting retail participation in crypto. Vauld halts withdrawals, trading, deposits; explores restructuring. CoinLoan reduces withdrawal limit by 99%. Questions arise on how far Three Arrows Capital contagion can spread. Can Cardano pack a punch with Pacquiao NFT collection?
Crypto Hedge Fund Three Arrows Capital Censured By Singapore Central Bank
Singapore’s central bank, the Monetary Authority of Singapore (MAS), reprimanded embattled crypto hedge fund Three Arrows Capital (3AC) for allegedly misleading it with false information. “The Hash” group discusses what the collapse of 3AC could mean for Singapore’s crypto scene and the country’s regulatory approach.
CoinFLEX Issues Recovery Tokens; MAS Says Cryptos Not Currencies
CoinFLEX to issue $47 million in tokens as it waits for "crypto whale" to pay up. Voyager Digital issues notice of default to Three Arrows Capital. Investors yank $453 million from digital assets in one week. Chinese blockchain developer BSN calls crypto a huge ponzi scheme. Monetary Authority of Singapore says that crypto is unlikely to perform the functions of money. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
CoinFLEX Freezes Withdrawals; Investors Deserting Singapore
CoinFLEX latest crypto exchange to freeze withdrawals, while Voyager cuts limit amid 3AC exposure. Chinese police say crypto being used to launder drug money. Retail investors desert exchanges in Singapore amid bear market and government warnings. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
