Singapore


Finance

Bitcoin Miner Bitdeer Stock Slumps Nearly 30% at Trading Debut

The Singapore firm is one of the largest bitcoin miners in the world, with 16.2 EH/s of hashrate.

(Bitdeer Group)

Policy

Singapore Working With Banks to Provide Guidance on Crypto Businesses: Bloomberg

An industry report is expected to outline best practices in areas including due diligence and risk management.

Singapore-based Vauld now has protection from its creditor until Jan. 20.  (Shutterstock)

Policy

Crypto Exchange Zipmex's Restructuring Plan Approved by Singapore Court

The company's request for a three-week extension of creditor protection to last until April 23 was also granted.

(Shutterstock)

Finance

Blockchain Firm RockX Unveils Institutional Liquid Staking Platform

Last month, liquid staking became the second-largest crypto sector when total value of assets locked reached $14.1 billion

(Unsplash/Johannes Andersson)

Videos

Crypto.com Struggles to Maintain Fiat On-Ramps Amid Crypto Banking Crisis

The crypto industry is in the middle of a banking crisis with the collapse of crypto-friendly Silvergate Bank, and Crypto.com hasn’t been spared. The Singapore-headquartered exchange can now only provide euro-denominated banking services to users in the European Economic Area (EEA), having previously lost the ability to accept USD deposits because of issues with its banking partners. "The Hash" panel discusses why this is a historic moment in crypto.

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Videos

Singapore Authorities Probing Do Kwon’s Terraform Labs: Bloomberg

Singapore's police said they have started to investigate Terraform Labs, the company behind the failed terraUSD (UST) stablecoin, according to a Bloomberg report on Monday. "The Hash" panel discusses the latest developments after the collapse of TerraUSD last year led to a wave of bankruptcies in the crypto industry, including those of hedge fund Three Arrows Capital and crypto lenders Voyager Digital and Celsius Network.

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Videos

Singapore Police Start Probe Into Do Kwon’s Terraform Labs: Bloomberg

Bloomberg reports that Singapore police said they have commenced an investigation into Terraform Labs, the company behind the failed TerraUSD (UST) stablecoin. This comes after the SEC sued Terraform Labs last month, alleging that the crypto firm and its co-founder Do Kwon misled investors about UST's stability. "First Mover" hosts weigh in.

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Policy

Singapore Police Probing Do Kwon's Terraform Labs: Bloomberg

Authorities have confirmed Do Kwon isn't in the city-state.

Terra Community AMA with Do Kwon (April 2021)  (Terra, modified by CoinDesk)

Finance

Binance's Custody Arm Ceffu Will Apply for Singapore License: Report

Binance rebranded its custody arm to Ceffu earlier this month.

Merlion Park in Singapore (Pixabay)

Finance

Crypto Lender Vauld Gets Further Extension for Restructuring Plan

Vauld's existing legal protection from its creditors expires on Feb. 28.

Singapore (Shutterstock)