Singapore News

The company claims that the negotiations with potential crisis managers entered the “advanced stage.”

Hodlnaut downplayed its exposure to the Terra ecosystem, but an investigation into the embattled crypto lender shows it lost $190 million in the Terra crash.

The feedback was given in response to a proposed ban by the Monetary Authority of Singapore published back in October.

3AC founders Zhu Su and Kyle Davies have been ordered to provide all documents in their possession or control, regardless of whether the information is held by them directly or is in control of a third party.

The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default.

Crypto-friendly cities throughout the world report growth and innovation despite recent events.

Temasek-backed Amber has raised about $50 million in funding from a new sovereign fund, with the deal to be announced in January.

The United States and Vietnam score the best on “crypto maturity” in 2022, a new report determines.

In a bankruptcy court hearing, lawyers for 3AC creditors asserted the firm’s founders “repeatedly fail to engage” with liquidators but weren’t shy about talking to the media.

Zipmex reportedly plans to use crypto assets received from the acquisition to unlock frozen customer accounts on the platform by April 2023.

Despite writing down its $275 million investment in FTX, Temasek still apparently holds its investments in many other crypto-related businesses.

The opposition party MPs has questioned the credibility over its failure to protect retail investors from FTX collapse and had demanded data on the extent of losses incurred by the investors.

Bitmain-backed crypto lender Matrixport is the other half of a new funding round targeting a $100 million raise.

Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million.

The Monetary Authority of Singapore had its reasons, and there was nothing more it could have done about the FTX threat anyway, just like other national regulators.