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Tag: crypto

Posted on 24/01/2025

Singapore Court Approves Next Step in Crypto Exchange WazirX’s Repayment Process After Massive $230,000,000 Hack

Indian crypto exchange WazirX has just secured the approval of the Singapore High Court to convene with its users in a bid to address debts and recover following a costly cyberattack last year.

Posted on 24/01/2025

WazirX $230-million heist: Singapore court allows WazirX parent to hold meet with crypto users

The firm had moved the court through an application on December 6, 2024, seeking permission to convene a meeting with creditors (users) to present and vote on a proposed scheme aimed at providing ...

Posted on 24/01/2025

Singapore stocks fall amid easing monetary policy settings and Trump tariff remarks; STI down 0.1%

SINGAPORE shares ended slightly lower on Friday (Jan 24), following the Monetary Authority of Singapore (MAS) easing monetary policy settings and US President Donald Trump calling for lower interest ...

Posted on 24/01/2025

3 arrested, over 8,700 vape products seized after distribution network uncovered

Illicit items such as duty-unpaid cigarettes and packets of suspected drugs were also seized. Read more at straitstimes.com.

Posted on 24/01/2025

Singapore eases monetary policy for first time in 4 years

Singapore’s central bank has eased monetary policy for the first time in four years amid rising expectations of trade turmoil after Donald Trump’s return to the US presidency and moderating domestic ...

Posted on 24/01/2025

How Dubai and Singapore compare for business and a luxury lifestyle, according to an entrepreneur

Alessandro Palombo told BI Dubai and Singapore are both great cities for doing business but a luxury lifestyle can look very different in each hub.

Posted on 24/01/2025

Singapore eases monetary policy for the first time since 2020

Singapore on Friday loosened its monetary policy for the first time since 2020, as it strives to boost growth. The Monetary Authority of Singapore said it would slightly reduce the slope of its ...

Posted on 24/01/2025

WazirX gets Singapore Court greenlight to repay $235M hack victims

WazirX users are in recovery mode. The Indian crypto exchange confirmed that it had received approval from a Singapore court to repay customers for any funds that were not stolen in the hack last year ...

Posted on 24/01/2025

Singapore HC rules to allow WazirX roll out scheme to distribute assets to affected users

The decision comes days after the Indian crypto exchange froze the first tranche of assets stolen in the July 2024 cyberattack.

Posted on 24/01/2025

Why don’t more countries import their electricity?

In ten years’ time Singapore wants to import a third of the power it consumes this way. At a time of rising geopolitical and trade tensions, it may seem mad to embrace dependence on other countries ...

Posted on 23/01/2025

WazirX gets Singapore court approval to repay victims of $235M hack

Indian cryptocurrency exchange WazirX has secured approval from the Singapore High Court for its restructuring plan, enabling the repayment of customer funds stolen in a massive cyberattack in July ...

Posted on 23/01/2025

About 860kg of illegally imported vegetables from Malaysia seized at Tuas Checkpoint

SINGAPORE – About 860kg of illegally imported vegetables from Malaysia were seized from a truck on Jan 22 at Tuas Checkpoint.

Posted on 23/01/2025

TOKEN2049 Singapore Exhibition Opportunities Sold Out: Limited Tickets Remain for the World’s Largest Web3 Event With 20,000 Attendees and 500+ Side Events

Exhibition space sold out a record month ahead of the world’s largest crypto event Speaker highlights include Binance CEO Richard Teng; Solana Founder Anatoly Yakovenko; Oracle Red Bull Racing Formula ...

Posted on 23/01/2025

What You Can and Cannot Bring into Singapore: A Guide for Travellers in 2025

Travelling to Singapore soon? Here's what you need to know about what you can and cannot bring into the country, including food and other controlled items.

Posted on 23/01/2025

Singapore actor Laurence Pang loses S$35,000 to online love scam in the Philippines

Veteran Singapore actor Laurence Pang, 78, lost close to 1.5 million pesos (S$35,000) after he was deceived by Mika, a woman he met on a dating site in late 2024, who led him to invest in a fake ...

Posted on 23/01/2025

I’ve lived in Dubai and started 2 companies in Singapore. Here’s how the cities compare on luxury lifestyle, business, and vibe.

Alessandro Palombo told BI Dubai and Singapore are both great cities for doing business, but a luxury lifestyle can look very different in each hub.

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