Tag: crypto

Specialized crypto bourses like FTX burst forth through this conceptual hole. They helped create spectacular wealth, as evidenced by Bankman-Fried’s now-eviscerated $26 billion fortune. But although ...

Chinese President Xi Jinping’s drive for “common prosperity” means entrepreneurs -- who once embraced Deng Xiaoping’s maxim that to get rich is glorious -- are flocking to more welcoming places like ...

Sea Ltd has cut about 7,000 jobs, or roughly 10% of its workforce, in the past six months as it fights to stem ballooning losses and win back investors, according to a person familiar with the matter.

Bankrupt cryptocurrency exchange FTX does not operate in Singapore, the Monetary Authority of Singapore (MAS) said on Monday (Nov 14) The firm is neither licensed nor exempted from licensing here, the ...

Having first stopped off in Vietnam, Scholz was then welcomed for his first visit to Singapore since becoming chancellor last year by Prime Minister Lee Hsien Loong. The two leaders held a joint media ...

Sports teams and businesses may shy away from long-term deals with crypto firms to minimise their risks after troubled crypto exchange FTX filed for U.S. bankruptcy protection last week, industry ...

After major crypto exchange FTX filed for U.S. bankruptcy protection on Friday, the crypto industry is bracing for further fallout.

Sam Bankman-Fried received huge plaudits and superstar status as the head of cryptocurrency exchange FTX. Now the comments aren't so kind after FTX filed for bankruptcy protection.

He noted that both Singapore and Germany are export-oriented economies which have long thrived on the principles of free trade and a rules-based international order. He said: “While the US-China ...

The Monetary Authority of Singapore (MAS), the central bank of the city-state, said funds of Singapore-based investors in the collapsed FTX are not held in its local subsidiary Quoine because the two ...

Singapore-based crypto exchange Crypto.com's chief executive said the firm will prove all naysayers wrong on the platform being in trouble, and that it has a robust balance sheet and took no risks.

Aftershocks from the massive earthquake in the trillion-dollar crypto industry last week continued to be felt on Monday.

The fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure on Monday, with market participants worrying about heavy withdrawals at Singapore-based ...

Singapore-based crypto exchange said its chief executive will go live on YouTube on Monday to answer questions around some transactions on the platform that had sparked speculation and fund ...

While revenue and jobs in the tech will be impacted in the short-term, and market volatility is likely in the near future, the tech industry is expected to continue to grow in the long-term.

Customers pulled funds from Crypto.com over the weekend after the company’s chief executive said the cryptocurrency exchange mishandled a roughly US$400 million transaction.In a report on Sunday (Nov ...