Singapore-based cryptocurrency lending and borrowing platform Hodlnaut announced on Monday that it had suspended customer withdrawals, swaps, and deposits. The firm cited “difficult market conditions”...
Tag: Singapore
Is Japan open to travelers? It’s where Singaporeans want to travel
Some 49% of Singaporeans say they are considering Japan for their next vacation abroad, according to the market research firm YouGov. Interest may be even higher among young citizens. Some 68% of Sing...
Crypto Lender Hodlnaut Freezes Withdrawals, Pulls Singapore Application
Law firm Damodara Ong is now working with Hodlnaut on a recovery plan The platform’s next update is scheduled on August 19 — two weeks from now Crypto lender Hodlnaut has frozen withdrawals, token swa...
We Are SG Minting Begins to Celebrate Singapore National Day
We Are SG, also known as WASG, is being launched by GERMS Digital to celebrate Singapore National Day 2022. The NFT collection features 9,822 NFTs that Singaporeans have created. The NFT collection de...
Singapore-based crypto exchange Bitget establishes $200 million protection fund
Singapore-based crypto exchange Bitget has launched a $200 million fund to protect its users’ assets. The Bitget Protection Fund was created to provide security and to ensure secure trading for...
Revolut Introduces Crypto Trading In Singapore Despite Chances Of New Restrictions
Revolut has launched a cryptocurrency service in Singapore. Many firms have depicted unwavering belief in the market despite the downturn. Singapore recently has been lacking clarity in terms of the r...
Singapore Reviewing Legislation on Crypto, Following Devastating Effects of Terra Crash ⋆ ZyCrypto
Advertisement     Singaporean authorities are currently reviewing stablecoin legislation in the country in an attempt to better safeguard investors’ funds. This comes ...
REVOLUT on Revolution – Launches CryptoCurrency Services in Singapore
REVOLUT launches cryptocurrency services in Singapore REVOLUT planning to expand headcount by 20% The Fintech receives approval from SIngapore Monetary Authorities The cryptocurrency firms, regardless...
Revolut Launches Cryptocurrency Exchange Services in Singapore
British Fintech firm, Revolut has launched a digital currency trading service in Singapore. As reported by the Business Times of Singapore, the platform’s users will now be able to buy, sell and hold ...
Singapore’s largest bank DBS reports Q2 earnings
DBS Group CEO Piyush Gupta said the bank’s wealth management and capital markets businesses continue to see “headwinds,” despite the bank reporting robust second-quarter earnings. &#...
Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors – Bitcoin News
Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto len...
Singapore regulator responds to Terra collapse; plans to involve public in stablecoin regulations
The Monetary Authority of Singapore (MAS) in response to a parliamentary inquiry, shared insights on how the Luna collapse affected the economy and laid out plans to engage the public in its stablecoi...
Crypto Lender Vauld Granted 3-Month Creditor Protection by Singapore High Court – crypto.news
Vauld has been granted three-month protection from creditors by the Singapore High Court. Vauld’s parent firm, Defi Payments Ltd, said the moratorium granted on Monday would provide it with the requir...
Vauld Receives Three- Month Prohibition From Singapore Court
Exchange News DeFi only paid for half of the requested six-month moratorium. Vauld ceased deposits, withdrawals, and transactions at the beginning of July. On August 1, a Singaporean court granted cry...
Crypto Lender Vauld Granted 3-Month Protection from Singapore Court against Creditors
Singapore High Court has granted distressed crypto lending firm Vauld a three-month moratorium to continue exploring options on how it can repay its creditors. The latest legal action from the court a...
Singapore High Court Grants Vauld 3-Month Moratorium
Troubled crypto lender Vauld has been granted three-month protection from creditors by the High Court of Singapore. The moratorium granted to Vauld-parent company Defi Payments Ltd. by Justice Aedit A...
Vauld Gets Three Month Moratorium From Singapore Court
Advertisement     Troubled Vauld obtained a three-month moratorium for the courts in Singapore as it hoped to put its house in order. The exchange’s 147,000 creditors ...
Vauld gets three-month moratorium from Singapore High Court for protection against creditors
Crypto platform Vauld, which halted customer withdrawals last month, has secured protection against creditors for three months from the Singapore High Court, Bloomberg News reported Aug. 1. Vauld’s pa...
Singapore Looking to Instill New Crypto Laws
The government of Singapore is saying it’s likely to implement new cryptocurrency regulations in the coming future that will potentially keep retailers safe. Singapore Is Looking Deeper at Crypto Regu...
Zipmex has filed for bankruptcy protection in Singapore –
Zipmex has filed for bankruptcy and wants moratorium relief. Zipmex wants to solve its financial issues. Zipmex, a southeast Asia-focused cryptocurrency exchange has filed for bankruptcy protection in...
Zipmex seeks extension for bankruptcy protection in Singapore
Struggling crypto exchange Zipmex has filed for a moratorium in Singapore to extend its protection against legal actions from aggrieved creditors. The application comes barely one week after the excha...
Crypto Exchange Zipmex Seeks Bankruptcy Protection In Singapore As Crypto Crisis Spreads
Zipmex offers crypto trading and investment services in Thailand, Indonesia, Singapore and … [+] Australia. SOPA Images/LightRocket via Getty Images Zipmex has become the latest victim of the on...
Zipmex files for protection against creditors in Singapore
Troubled South Asian crypto exchange Zipmex has filed for protection against creditors in Singapore as it faces a liquidity crunch. Announcing the news on Wednesday, Zipmex said its solicitors Morgan ...
Falcon Business Research Announces The Global Digital Assets Investment Summit Series in Singapore (30thSep-1stOct) and Dubai (15th Nov – 16th Nov 2022)
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Warburg Pincus-Backed ESR Raises Over $1 Billion To Accelerate Data Center Expansion Across Asia Pacific
Network and internet communication technology concept, data center interior, server racks with … [+] telecommunication equipment in server room. getty ESR Cayman—which counts Warburg Pincus, Sin...
Ripple Partners Singapore Payment Giant “FOMO Pay” To Enable Cross-Border Treasury Payments
– Advertisement – Ripple continues to see global adoption. In a press release today, Ripple reveals that it has formed a partnership with Singapore payment giant FOMO pay to enable insta...
Digital Bank SEBA Goes on Hiring Spree as It Seeks Licenses in Singapore & Hong Kong
Despite the recent decline in crypto assets, SEBA Bank AG, an online bank specializing in digital assets, expects to increase its staff in Asia as per a report by Bloomberg. The digital bank, backed b...
Billionaire Wee Cho Yaw’s UOL Sells 98% Of Singapore Condo Project Amid Robust Housing Demand
An artist’s impression of AMO Residences, a 372-unit high-rise residential project UOL is building … [+] in Ang Mo Kio in central Singapore. Courtesy of UOL Group UOL Group Ltd.—controlled...
Shiba Inu, Bone, Leash Can Now Be Accepted As Payment on More Than 8,000 Jeripay Acceptance Points Across Singapore
– Advertisement – Shiba Inu (SHIB), Bone ShibaSwap (BONE), and the Dogecoin Killer (LEASH) Can Now Be Accepted As Payment on More Than 8,000 Jeripay Acceptance Points across Singapore. Shi...
How to save money on travel? Five tips for cheaper flights and hotels
1. Finding cheaper flights Those who are strategic about saving spend 23% less on flights than those who aren’t, according to a survey of budget travelers by the booking site VacationRenter. To...