Singapore

Singapore-based fintech company, dtcpay, which specializes in bridging traditional and digital currencies through its integrated payment platform, has successfully garnered US$16.5 million (equivalent to $22.2 million) in a pre-Series A funding round. Kwee Liong Tek, who presides as the chairman of...

Gemini, a cryptocurrency exchange based in New York, has set its sights on the Asia-Pacific (APAC) region as it seeks to broaden its global presence. The exchange considers this region as a catalyst for the future expansion of the cryptocurrency market. The company conveyed its enthusiasm in a blog...

Terra founder Do Kwon refuted allegations of possessing a counterfeit passport during a court session in Montenegro, claiming that the Costa Rican passport in question was procured via a Singapore agency. In the court, Kwon was quoted as, “We applied for these passports through...

Despite massive international criticism, Singapore executed a prisoner convicted of conspiring to smuggle 1 kg of cannabis. What Happened: Tangaraju Suppiah was hanged on Wednesday at Changi prison complex, Singapore Prisons Service told Agence France-Presse. Suppiah, 46, was...

Cryptocurrency lender Amber Group is considering options for its Japanese unit, which may include a possible sale, according to Managing Partner Annabelle Huang. Huang revealed the firm's evaluation of the Japan operation is part of a strategic decision to shift its focus...

Singapore-based cryptocurrency exchange Bitrue on Friday announced that hackers had stolen $23 million from one of its wallets. The exchange did not provide details on how the attack occurred. In a tweet, Bitrue stated, "We have identified a brief exploit in one of our hot wallets on 07:...

Minister of the Interior of Montenegro, Filip Adzic, on Thursday, announced the arrest of an individual suspected to be Do Kwon, co-founder of Terra Luna (CRYPTO: LUNA), within the Balkan nation's borders. Local news outlet Vijesti later confirmed the tweet's authenticity and that the...

The Singaporean police on Monday announced that they have started an investigation related to Terraform Labs Pte, the company co-founded by cryptocurrency fugitive Do Kwon. In a statement, police revealed that they have begun inquiries into Terraform Labs, adding that the investigations are still...

Key creditors of the Singapore-based crypto lender Hodlnaut Pte have rejected a proposed restructuring plan and instead want to liquidate the company, according to a Jan. 11 filing by Hodlnaut’s court-appointed interim judicial managers, Bloomberg reported. The creditors believed their...

Twist and turns for Twitter staff isn’t ending since Elon Musk became the owner and CEO of the company.  What Happened: After having to deal with smelly bathrooms and many unpleasant things, Twitter employees at the Singapore office have now been asked to empty their desks and vacate the...

Tesla, Inc. (NASDAQ: TSLA) has broadened downward price adjustments in more countries as it prioritizes volume over margins. What Happened: The Austin, Texas-based electric vehicle maker has begun offering a discount of $5,000 for customers in Singapore who have come forward to exchange their...

The state investment fund of Singapore, Temasek, is prepared to write down investments to the tune of $200 million to $300 million in the bankrupt cryptocurrency exchange FTX. In concurrent investment rounds of $400 million each, Temasek invested in the FTX mothership and its U.S. subsidiary FTX US...

Singapore’s Senior Minister Tharman Shanmugaratnam said on Tuesday that recession is the “price we pay” for misreading inflationary pressures and the ongoing spell of weakness in the global economy was due to central banks worldwide over-betting “on the...

Singapore may soon require retail investors to pass an assessment and refrain from using leverage or credit while trading in cryptocurrencies. This was proposed as part of a series of strict measures from the Monetary Authority of Singapore (MAS) to raise citizens' awareness of the...

Coinbase Inc. (NASDAQ: COIN) said on Monday that it obtained “in-principle approval” to provide cryptocurrency services in Singapore from the Monetary Authority of Singapore. “This license will allow us to offer regulated Digital Payment Token products and...