Celsius Network used investor money and customer deposits to prop up its own token, the report said. Read more at straitstimes.com.
Super-rich Chinese set their sights on Singapore
Singapore has seen a fresh influx of wealth since 2021 after it became one of the first Asian cities to significantly ease pandemic restrictions and as many Chinese became disillusioned with their ...
Crypto lender Celsius propped up its token, benefiting insiders – U.S. bankruptcy examiner
SINGAPORE/LONDON (Reuters) -Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance sheet while two of its founders cashed out ...
Leading Crypto Exchange BingX Wins TradingView Best Broker Award for the Second Year Running
BingX, one of the leading crypto exchanges, has been named Best Crypto Broker/Exchange for the second consecutive year in TradingView's Broker Awards for 2022. This award is decided based on feedback ...
Crypto lender Celsius propped up its token, benefiting insiders – US bankruptcy examiner
Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance sheet while two of its founders cashed out millions, a U.S.
Singapore to buy electricity from Malaysia for first time from second half of 2023
The 100MW imported will be enough to power about 144,000 four-room HDB flats for a year. Read more at straitstimes.com.
Malaysia bags RM13 billion in foreign direct investment from three investors after Singapore mission
KUALA LUMPUR] Malaysia’s Ministry of International Trade and Industry has bagged an additional RM13 billion (S$4 billion) in foreign direct investment from three investors at the end of its mission in ...
Collapsed Australia-to-Singapore Solar Firm Targets Sale By May
Administrators intend to complete the sale of collapsed solar startup Sun Cable, which aimed to export clean energy from Australia to Singapore, by the end of May.
Celsius’ Business Model Different From That Advertised -U.S. Bankruptcy Examiner
The business model that crypto firm Celsius Network had advertised and sold to its customers was not the business it actually operated, a court-ordered examiner report released on Tuesday showed. The ...
Singapore Manufacturers’ Business Sentiment Stays Weak
Business sentiment among Singapore's manufacturers for the first half of 2023 remains negative as they experience waning ...
Singapore: A Rising Tiger Economy for Startups and Venture Capital in Asia
As we project ourselves forward in 2023, amidst the clouds, a bright spot for optimism is burning brightly for early stage, deep tech startup companies and investors. It’s no surprise that ...
Hong Kong seeks to revive crypto sector wrecked by FTX debacle
Hong Kong is sticking with a plan to become Asia’s crypto hub despite the FTX debacle. Read more at straitstimes.com.
Oasys to be Listed on Leading Japanese Crypto Exchange, bitbank
Builds on its successful listings on OKX, Kucoin, Bybit, Gate, and Huobi SINGAPORE --News Direct-- Oasys SINGAPORE - Media OutReach - 31 January 2023 - Oasys, a gaming-optimised blockchain built by ...
Abang Johari: Anwar proposes export of electricity from Sarawak to Singapore
The proposed export of electricity from Sarawak to Singapore was discussed at the meeting between Prime Ministers of Malaysia and Singapore yesterday, ...
Disillusioned at home, super-rich mainland Chinese set their sights on Singapore
Singapore’s number of family offices, which handle financial matters for the super rich, surged to about 700 in 2021 from 400 in 2020. Read more at straitstimes.com.
Singapore inequality: How a tote bag sparked a debate about class
Earlier this month, 17-year-old Zoe Gabriel posted on TikTok about her "first luxury bag": a tote bag from retailer Charles & Keith, purchased by her father for the princely sum of S$79.90 ($60; £50).