Singapore
Crypto Exchange Huobi Confirms Justin Sun as Leader
Singapore-based exchange Huobi confirmed Thursday that Tron founder Justin Sun is not just a member of the Global Advisory Board, but is leading the exchange. The exchange also addressed concerns of so-called rat trading. "The Hash" panel discusses what this means for Huobi amid lingering crypto winter concerns.
QCP Capital Expects Fed to Be Irate Amid Easing Financial Conditions
Singapore-based crypto options trading firm QCP Capital said the recent risk revival in traditional markets and cryptocurrencies might not sustain because the U.S. central bank is still fighting inflation. "The Hash" panel discusses their outlook for the crypto industry and the economy at large amid broader uncertainty in the market.
Crypto Lender Vauld Gets Another Extension for Submitting Restructuring Plan: Bloomberg
The firm has received bids from two digital-asset fund managers after talks with Nexo broke down, according to the report.
A Large Crypto Market Maker Is Already Distancing Itself From New 3AC Venture
The co-founders of bankrupt crypto hedge fund Three Arrows Capital is partnering with CoinFlex, which said the new company will be evolution of its "commitment to building open and transparent financial markets."
Hodlnaut Creditors Seek Liquidation, Reject Restructuring Plan: Bloomberg
The restructuring plan would have allowed Hodlnaut directors who were at the helm during its collapse to continue managing the company.
Hong Kong’s Finance Regulator Calls for 'a More Solid Footing' for Crypto
After crypto firms have left the city, the regulator says it’s now moving with the market and industry.
Singapore Arbitrator Rules Against Mining Software Firm Poolin’s IOU Model, But the Firm Hasn't Paid Yet
Poolin had issued I-owe-you tokens in exchange for its users’ crypto deposits. A Singapore arbitrator said that’s not OK.
Crypto Lender Nexo Canvasses Vauld Creditors Directly With Final Takeover Offer
In an open letter, Nexo said earlier offers were misrepresented and it wanted to deal directly with the creditors.
Crypto Lender Vauld Calls Off Potential Acquisition by Rival Nexo
Vauld applied in Singapore for protection from creditors in July and signed an initial agreement with Nexo the same month. Nexo, however, said talks are still taking place.
Crypto Trading Firm Amber Group Raises $300M Series C After FTX Contagion
The collapse of FTX had impacted some of the trading firm's products and customers, increasing the need to quickly raise additional capital.
