The second quarter of 2023 also saw a slew of Greater China-based fund managers raising or launching their Web3 funds — including BAI Capital, Token Bay Capital, ProDigital Future Fund, CPIC Investment Management (H.K.) Company Limited, and Waterdrip Capital.
Crypto Regulatory Bill Passes US Congressional Committee: All You Need To Know
This marks the first time that a crypto regulatory bill has been put to a vote in Congress, signifying a major win for crypto lobbyists who have been advocating for regulatory clarity.
Singapore to turn off 3G and reassign spectrum for 5G
All three local mobile operators -- M1, Singtel, and StarHub -- will retire their 3G services, including messaging and data, by July 31 next year. When the shutdown is complete, it will free up spectrum to improve 5G services, IMDA said.
Singapore set to execute a woman for the first time in nearly 20 years
July 27 (UPI) -- Singapore plans to execute a woman for the first time in nearly 20 years on Friday over drug charges. Saridewi Djamani, 45, is scheduled to be hanged after she was found guilty of trafficking 30 grams of heroin in 2018 which would mark the first time a woman has been put ...
Crypto.com Grows Its Presence in Asia-Pacific With New Partnership
Crypto.com entered into a partnership with LINE Xenesis, a crypto firm behind the famous messaging app Line. Through this alliance, Crypto.com seeks to expand its presence in Asia-Pacific (APAC), one of the fastest-growing global crypto markets.
Here are the crypto affairs of the day – What happened?
Need to know what transpired today in crypto? Here is the most recent news regarding daily trends and events affecting the Bitcoin price, blockchain, DeFi, NFTs, Web3, and crypto regulation. According to a recent survey conducted by the CFA Institute,
Shell Seeks to Exit Petrochemicals in Singapore
As Shell proceeds with its Energy Transition initiative that will see it become more of a natural gas giant than an oil major, its petrochemical assets in Singapore have come under the spotlight, with ...
Singapore Treats Crypto Like Property In Bybit Case
The case was brought by the Seychelles-based crypto exchange Bybit against WeChain employee Ho Kai Xin and several other defendants, including FTX Trading and Consensys Software. The exchange hoped to recover stolen assets in Tether and fiat currency, and obtain acknowledgement that Ho held Tether and fiat currency in a Bybit trust.
A slew of scandals puts Singapore’s government on the back foot
The government cites the Tan saga as further evidence that it keeps an eye out for wrongdoing and then acts on its findings. There is a Singaporean phrase for it: “Ownself check ownself”, a form of self-monitoring that has been raised almost to dogma by the PAP leadership.
Singapore’s K. Shanmugam, Vivian Balakrishnan demand apology from Lee Hsien Yang for ‘defaming’ them over rental saga
PM Lee's brother, currently in self-exile overseas, had made comments on Facebook about a saga surrounding the rental of colonia-era bungalows by the ministers Shanmugam and Balakrishnan had undergone separate anti-graft probes,
Siltronic Sees Drop in Sales This Year of up to 19%, Raises Investment
(Reuters) - German silicon wafer group Siltronic expects sales to fall up to 19% this year due to weak demand from the semiconductor industry but plans to invest in expansion to prepare for a recovery ...
UOB’s second-quarter profit up 27% to $1.4 billion; dividend of 85 cents declared
UOB’s earnings were in line with the forecast made by analysts in a Refinitiv poll. Read more at straitstimes.com.
Singapore Ministers Demand Damages From Prime Minister’s Brother
Singapore’s ministers of law and foreign affairs have sent lawyers’ letters to the prime minister’s estranged brother, Lee Hsien Yang, demanding an apology and damages for defamation, according to Facebook posts by the ministers.
‘No regrets’: Singapore lecturer sells house to raise $150k to finance 6 students’ university fees
This Singaporean lecturer has certainly gone big by selling his retirement home to raise $150,000 so he could send six students to study in Australia. Frankie Yee, 56, first met the six international ...
Weaker yen, Osaka casino bet spark Singapore property investors’ rush to Japan
Agents said buyers are snapping up residential units and tourist accommodation in Osaka, where a casino resort is expected to open in 2029. ( read original story ...)
Best credit card promotions in Singapore (July to August 2023): Citibank, DBS, HSBC, UOB and more
When it comes to credit card promotions these days, we're spoilt for choice. Banks offering credit cards in Singapore are competing so hard for new customers that they are practically raining Apple ...