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Tag: crypto

Posted on 25/11/2022

Singapore crypto lender aims $1.5-billion value, thanks to Wall Street formula: Report

One of Asia’s biggest crypto lenders is targeting $100 million in funding at a higher valuation, even as the fall of FTX reverberates across the digital asset market.

Posted on 24/11/2022

Singapore Starts Fraud Investigation In to Crypto Exchange Hodlnaut

The police is looking into allegations of cheating and fraud by the company and its directors, according to the statement. The investigation report is the latest blow for the troubled Singapore-based ...

Posted on 24/11/2022

Singapore probes ailing crypto lender Hodlnaut for possible fraud

Hodlnaut was said to have suffered a near-US$190 million ($262.3 million) loss from the collapsed Terra digital-token ecosystem.

Posted on 24/11/2022

Crypto lender Hodlnaut reportedly faces police investigation in Singapore

Singapore police noted that the majority of complaints revolve around false representations and misinformation regarding the company’s exposure to a certain digital token.

Posted on 24/11/2022

FTX debacle poses challenges for Asia’s crypto capital

Specialized crypto bourses like FTX, one of the world’s largest exchanges of digital assets until recently, burst forth through this conceptual hole. They helped create spectacular wealth, as ...

Posted on 24/11/2022

Singapore Police Probe Hodlnaut for ‘Possible Cheating and Fraud’

Singapore's police received multiple reports between August and November that Holdnaut downplayed exposure to a "certain digital token." ...

Posted on 24/11/2022

Singapore Starts Fraud Investigation In to Crypto Exchange Hodlnaut: Reports

Singapore police have started an investigation into troubled crypto exchange Holdnaut, according to multiple reports. The white collar division of the police force is looking into allegations of ...

Posted on 24/11/2022

Police investigating Singapore-based crypto lender Hodlnaut for suspected cheating, fraud offences

SINGAPORE: The police are investigating Singapore-based crypto lender Hodlnaut and its directors for suspected cheating and fraud offences. Between August and November this year, the police received m ...

Posted on 24/11/2022

Singapore warns of slower economic growth in 2023

Singapore warned on Wednesday that economic growth could slow to a trickle next year owing to weakness in key export markets including the United ...

Posted on 24/11/2022

Singapore’s 2023 growth forecast at 0.5-2.5%; 2022 forecast narrowed to ‘around 3.5%’

SINGAPORE’S economy is forecast to grow at between 0.5 per cent and 2.5 per cent in 2023, while the official full-year growth forecast for 2022 has been narrowed to “around 3.5 per cent”, according to ...

Posted on 24/11/2022

S’pore-based crypto lender Hodlnaut faces police probe, public urged to submit documents

Between August and November 2022, multiple police reports were received which alleged that Hodlnaut and/or its directors had made false representations relating to the company’s exposure to the ...

Posted on 23/11/2022

Crypto lender Hodlnaut faces police probe, public urged to submit documents

Embattled Singapore-based cryptocurrency lender Hodlnaut is facing investigation from the police. On Wednesday, the police said the Commercial Affairs Department (CAD) Between August and November 2022 ...

Posted on 23/11/2022

Singapore’s core inflation eases slightly to 5.1% in October; expected to stay elevated in next few quarters

SINGAPORE: Singapore's core inflation eased slightly to 5.1 per cent in October, driven by smaller increases in electricity and gas prices, retail, as well as other goods and service, official data ...

Posted on 23/11/2022

Singapore core inflation eases to 5.1% in October, first drop in 8 months

The headline consumer price index or overall inflation came in at 6.7%, down from September’s 7.5%. Read more at straitstimes.com.

Posted on 23/11/2022

Singapore sees low 0.5% GDP growth in 2023 as exports slump

SINGAPORE: Singapore on Wednesday projected its economic growth rate for next year to come in as low as 0.5%, as an export slump underscores a worsening global outlook. Trade officials said the range ...

Posted on 23/11/2022

Singapore sees 2023 GDP growth as low as 0.5% as exports slump

Singapore on Wednesday projected its economic growth rate for next year to come in as low as 0.5%, as an export slump underscores a worsening global outlook. Trade officials said the range for 2023 ...

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