Eric Jardine, the Lead of Cybercrimes Research at Chainalysis, noted that businesses are increasingly adopting these tokens due to their “efficiency and low cost.” Furthermore, stablecoin transactions ...
Will September Be More Difficult for Bitcoin Miners?; Worldcoin Faces Scrutiny in Singapore
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Jefferies report said that bitcoin mining was notably less profitable in August than July.
Pope travels from one of the world’s poorest countries to one of the richest: Singapore
Pope Francis is heading to Singapore for the final leg of his Asian trip. Francis ended his visit to East Timor with a rally Wednesday morning of young people who make up the majority of the country's ...
IPO frenzy goes next level! Bajaj Housing Finance receives Rs 3.2 lakh crore bids; GMP zooms over 100%
The IPO secured bids worth more than Rs 3.23 lakh crore. The robust demand was led by institutional investors who made bids worth Rs 2.6 lakh crore.
GIC, Hillhouse in talks to invest in Midea’s Hong Kong IPO, sources say
SINGAPORE sovereign wealth fund GIC and alternative asset manager Hillhouse Investment are considering investing in appliance maker Midea Group’s Hong Kong listing, sources said. Read more at The ...
Bajaj Housing Finance IPO sees Rs 3.2 lakh crore bids, GMP crosses 100%
The Rs 6,560-crore IPO has drawn a jaw-dropping Rs 3.2 lakh crore in bids, making it one of the most anticipated listings of the year. To put that in perspective, that's more than ...
S’pore professional and retail investors more active than institutional ones in crypto market: Study
It comes as cryptocurrency is gradually becoming more common as a payment method in Singapore. Read more at straitstimes.com.
Japanese Rapist Gets First-Ever Caning Sentence: 17 Years in Prison and 20 Strokes in Singapore
A Japanese man who raped a female student in Singapore has been sentenced to 17 years and 6 months in prison and 20 strokes of the cane.
Hillhouse, GIC Are Said in Talks to Invest in Midea’s Hong Kong IPO
Alternative asset manager Hillhouse Investment and Singapore sovereign wealth fund GIC Pte are considering investing in appliance maker Midea Group Co.’s Hong Kong listing, according to people ...
Man who sold wife’s Singpass details gets 18 months’ jail under stiffer sentencing guidelines
The Singpass details were used to create a bank account that funnelled S$397,995 in scam proceeds from a 76-year-old victim.
Singapore’s UOB aims to take control of the US$2 trillion trade finance market in Southeast Asia
We are already the number one trade bank in ASEAN, and I want to invest [our resources] to dominate this region,” UOB's group head said ...
Singapore to Allow Cashless Bets in Casinos, Except Crypto
Singapore will allow its two casinos to conduct cashless gaming under changes made to the Casino Control Act, but will not permit the use of cryptocurrencies, CNA reported, citing Minister of State ...
Singapore Investigating Seven People for Providing Worldcoin Services
Singapore is investigating seven "subjects" for offering services of buying or selling of Worldcoin accounts and tokens which is an offence, a written reply in parliament by the government revealed on ...
Jail for ‘glorified secretary’ who facilitated crypto Ponzi scheme that scammed victims of $1.1m
Chen Wei, 43, was sentenced to 4 years’ jail and fined $6,000 for his role in the scam. Read more at straitstimes.com.
Tata Electronics and ASMPT Forge Strategic Partnership to Bolster India’s Semiconductor Ecosystem
The state-of-the-art semiconductor fabs and assembly plants, developed with an investment of INR 1,18,000 crore, are expected to generate nearly 50,000 direct and indirect jobs, contributing ...
Singapore-Traded Grand Venture Technology Eyes Second Listing in Malaysia
Singapore-based Grand Venture Technology Ltd., which produces components for semiconductor makers and other industries, is targeting a second listing in Malaysia, according to people familiar with the ...