Singapore’s High Court has granted Three Arrows Capital liquidators Teneo power to secure and liquidate its assets in the country, Bloomberg News reported on August 24. According to the report, Teneo ...
Tag: Singapore
Singapore Court Approves Three Arrows Capital’s Liquidation – Coinpedia – Fintech & Cryptocurreny News Media
On July 1, Three Arrows Capital filed for bankruptcy in New York, causing significant losses for the various other crypto companies. Genesis Trading reported hundreds of millions in losses and Voyager...
3AC Liquidators Granted Approval to Probe Financial Records in Singapore
In a new win for the Three Arrows Capital Ltd.’s liquidators, the Singapore High Court granted their request to access any financial records that were previously kept locally. The petition was filed b...
Singapore Allows 3AC Liquidators to Probe Defunct Fund: Report
Key Takeaways The Singapore High Court has recognized the liquidation order against Three Arrows Capital. The ruling allows Teneo, an advisory firm appointed to liquidate Three Arrows, to probe the fu...
Liquidators To Probe And Liquidate Three Arrows Capital In Singapore
Bankrupt crypto hedge fund Three Arrows Capital’s liquidators get approval from the Singapore High Court to probe and liquidate the hedge fund’s assets in Singapore. British Virgin Islands court-appoi...
How much does it cost to travel full time? Here’s what one couple pays
Ernestas Tyminas felt “stuck” in his role as a marketing manager at a newspaper in Colorado Springs, Colorado. So he requested two months off to backpack through Asia, he said, landing in ...
Hodlnaut reports $193 million financial shortfall as it seeks court protection
Embattled crypto lender Hodlnaut reported a nearly $200 million financial shortfall in a court affidavit filed earlier this month and obtained by The Block. The affidavit supporting Hodlnaut’s applica...
Hodlnaut facing police proceedings, cuts 80% of staff
Holdnaut, the embattled crypto lender, faces police proceedings and revealed that it laid off most of its staff. The Singapore-based crypto firm said there are “pending proceedings” between itself an...
Hodlnaut Slashes 80% of Workforce Ahead of Application For Singapore Judicial Management
Hodlnaut is the latest name under the layoff effect across the industry. The cryptocurrency lending platform has applied for judicial administration and laid off most of its employees in an effort to ...
Hodlnaut cuts 80% of staff, applies for Singapore judicial management
Cryptocurrency lending firm Hodlnaut has cut most of its workforce and has applied to be placed under judicial management due to bleak financial circumstances. Hodlnaut, which offers interest-bearing ...
Asia-Based Professional Martial Arts League ONE Championship Plans First U.S. Events In 2023
Demetrious Johnson, left, of the United States and Tatsumitsu Wada of Japan, face off during the … [+] media presentation for this Friday’s ONE Championship mixed martial arts fight dubbed...
Hodlnaut Confirms Interactions With Singapore Police, Job Cuts, Interest Rates Halts
In the wake of a statement by Hodlnaut confirming its request for judicial management on the 16th of August, the distressed platform has updated its original announcement providing more context on the...
Sesame Labs Unveils Digital Key Platform, KEYRING, in Singapore – crypto.news
Sesame, the South Korea-based blockchain-powered digital key developer, has launched a new product in the Singapore market. Sesame Labs announces the launch of the KEYRING platform in Singapore as par...
Gemini Launches Crypto Staking Service in US, Singapore, Hong Kong
Gemini, a major cryptocurrency exchange headquartered in New York, announced on Thursday that it launched a staking program called “Gemini Staking”, which allows customers to lock up their assets with...
Asia Niche Will Help East West Bank Weather U.S. Economic Downturn, CEO Dominic Ng Says
East West’s Chairman and CEO Dominic Ng. East West Bank East West Bank, today one of the largest American banks to service the U.S.-China business community, started out its life banking to Chin...
Crypto Lender Hodlnaut Applies for Judicial Management in Singapore – crypto.news
Embattled Singapore-based crypto lending platform, Hodlnaut, has applied for protection in the Singapore High Court to be under creditor protection. The crypto exchange wants judicial protection as it...
Singapore Calls For Consistency In Global Crypto Regulations ⋆ ZyCrypto
Advertisement     Zipmex crypto exchange has been granted a moratorium by Singapore’s High Court until Dec 2, 2022, to formulate a funding plan. This follows Zipmex’s ...
Crypto Lender Hodlnaut Files for Creditor Protection in Singapore
Hodlnaut is expected to provide its next update on August 19 and hopes that its latest action will give it some time to devise a recovery plan to avoid liquidating customer assets. Crypto lender Hodln...
Troubled crypto lender Hodlnaut files for creditor protection in Singapore
Embattled Asian crypto lender Hodlnaut, which halted client withdrawals last week, has filed for protection against creditors in Singapore as it works toward resolving its liquidity crisis. Announcing...
Crypto Exchange Zipmex Granted 3-Month Protection from Singapore Court against Creditors
Zipmex, Asia’s leading digital asset exchange, said it has won creditor protection from the Singapore High Court for more than three months, gaining time to address liquidity issues. ZipmexX sus...
Struggling Crypto Exchange, Zipmex Granted 3-month Moratorium Extension by Singapore High Court – crypto.news
The South Asian crypto exchange is in a rough patch after its exposure to Babel Finance and Celsius Network, which are currently bankrupt. The Singapore high court last week granted the exchange prote...
Crypto Exchange Zipmex Granted Three Month Creditor Protection From Singapore Court
Crypto Exchange Zipmex has just received a moratorium extension from Singapore High Court. At the moment, Zipmex has more than three months of creditor protection. This will give the crypto exchange s...
Singapore High Court Grants Zipmex 3 Months of Protection
2 hours ago | 2 mins read Exchange News Due to cash flow problems, the company temporarily halted withdrawals. High Court’s Justice Aedit Abdullah has put a hold on any further legal action. Several c...
Report Singapore High Court Grants Troubled Zipmex 3-Month Relief from Creditors’ Action
The Singapore High Court on Monday granted crypto exchange Zipmex protection from creditors until December 2. Zipmex had asked the court for bankruptcy protection on July 22 and more time for debt res...
Singapore Court Approves Zipmex Request for Creditor Protection
Zipmex has been granted three months‘ creditor protection by the court of Singapore, giving the exchange time to consult with regulators and develop a strategy to address the exposure of $53 million f...
Zipmex gets 3 month protection in Singapore amid halted withdrawals
Cryptocurrency exchange Zipmex has gotten a chance to sort out liquidity issues as a court in Singapore has granted the firm with more than three months of creditor protection. Singapore’s High Court ...
Singapore Billionaires’ Property Firms Poised For Bumper Year Amid Post-Pandemic Hotel Rebound
People take photos in front of Singapore’s Merlion statue. ROSLAN RAHMAN/AFP via Getty Images Real estate firms controlled by Singapore billionaires are headed for a bumper year, bolstered by a ...
Zipmex Crypto Exchange Gets Over 3 Months Creditor Protection in Singapore: Report
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Indian travelers more confident than Japanese, Aussies
For the most part, residents of Asia-Pacific can travel again. But some are more confident about packing their bags than others. Travel confidence is “diverse and nuanced” in the region, a...
Japanese shipping giant to take part in tidal power project
Buildings in Singapore at dusk. Asia is already home to a number of tidal power projects. Guvendemir | E+ | Getty Images Japanese shipping giant Nippon Yusen Kaisha is to take part in a tidal power pr...