Singapore
Wallet Firm Liminal Raises $4.7M From Elevation Capital, CoinDCX, Sandeep Nailwal and Others
Liminal was founded by Mahin Gupta, who previously co-founded Zeb Pay, a prominent Indian crypto exchange.
Singapore to Look at Crypto Use Cases With DBS, JPMorgan and Marketnode
In the first stage of the project, Singapore's central bank explore DeFi applications in wholesale funding markets.
Crypto Lender Babel Finance Lands Unicorn Status With $80M Series B
The funding round sets the firm's valuation to $2 billion.
Terra Hard Fork Proposed; Temasek ‘Doesn’t Own Bitcoin
Terra fiasco weighs on South Korean P2E projects. Do Kwon proposes Terra fork, ditching UST. Singapore’s Temasek says it doesn’t own Bitcoin, but is getting ready for tokenized assets. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
How Not to Run a Cryptocurrency Exchange
At Japan's Liquid exchange, recently acquired by FTX, warnings were ignored, breaches unreported and employees berated and cursed at, insiders say.
First Mover Asia: Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds
Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spent Sunday in the green.
Terra’s UST Loses Dollar Peg; Philippines Expects Marcos Jr Win
UST loses dollar peg as Terra market cap plunges. Coinhako receives full license to provide Digital Payment Token services in Singapore. Marcos Jr. poised to become next Philippine president; Blockchain industry players react. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Chilean Digital Peso Would Need to Work Offline, Central Bank Governor Says
Design principles are due out later this week, though no final decision has been taken on the digital peso.
FTX Closed Acquisition of Liquid Exchange a Few Days Late
The news came to light in an email to Liquid's shareholders.
![A delay in paying shareholders “shows that the existing international wire transfer [system] is fundamentally broken,” Liquid CEO Mike Kayamori said. (Photo: World Economic Forum)](https://cryptonewz.pages.dev/crypto-news-coindesk.com/_next/image?url=https%3a%2f%2fcdn.sanity.io%2fimages%2fs3y3vcno%2fproduction%2f0bbdba4493f2fce988314f11cfc3ffcf71fbe98d-1440x960.jpg%3frect%3d0%2c75%2c1440%2c810%26w%3d1920%26h%3d1080%26auto%3dformat&w=1200&q=75)
First Mover Asia: Singapore’s Distaste for Retail Crypto Spooks Institutional Money
Three Arrows Capital's decision last week to move its headquarters to Dubai reflects growing concerns about the city-state's increasing regulatory scrutiny of crypto; bitcoin returns to where it started the weekend.
