Singapore
Temasek to Lead $100M Funding Round in NFT and Metaverse Investor Animoca Brands: Report
The sovereign wealth fund, whose net portfolio value stood at $403 billion in March, has been an active investor in the crypto industry.
Crypto Lender Hodlnaut Placed Under Interim Judicial Management by Singapore Court
The Singapore-based lender was placed under interim judicial management, a type of creditor protection, on Aug. 29.
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.”
Fintech Firm Lightnet Group Gets $50M From LDA Capital to Boost Velo Protocol's Technology
The firm has the option to raise the total commitment to up to $100 million over the next three years.
Singapore's Central Bank Wants to Foster Digital Assets, Restrict Crypto Speculation
The head of the Monetary Authority of Singapore insists this stance is "synergistic" and says price speculation is the source of the crypto world's problems.
Crypto Exchange Zipmex Appoints Restructuring Firm to Forge Recovery Plan
KordaMentha has been appointed as Zipmex's financial adviser to oversee a recovery plan.
Three Arrows Capital Co-Founder Calls Crypto Hedge Fund's Liquidators Inaccurate, Misleading: Report
Three Arrows Capital co-founder Su Zhu said Teneo misled the High Court of Singapore, which this week granted permission for the liquidator to probe the hedge fund's local assets.
Singapore's Central Bank Asks Crypto Firms to Submit Business Data: Report
The move comes as the central bank is looking to bring in more safeguards for retail customers and a stablecoin regulation.
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.
