The recent risk revival in traditional markets and cryptocurrencies may not sustain because the U.S. central bank is still fighting inflation, the Singapore-based crypto options trading firm said.
Losses from crypto ransomware shrink 40% as victims stop paying
Ransomware lifespans have dropped, from an average of 153 active days in 2021 to 70 in 2022. Read more at straitstimes.com.
Losses from crypto ransomware shrinks 40% as victims stop paying
The amount of losses incurred from cryptocurrency-related ransomware attacks plunged 40 per cent last year as victims increasingly refuse to pay the extortionists. Read more at straitstimes.com.
Singapore-based crypto unicorn Amber Group slashes Hong Kong workforce, SCMP reports
Singapore-based digital asset manager Amber Group has cut its Hong Kong staff by half to 40 to weather a slump in cryptocurrency prices and a cascade of bankruptcies in the industry.
Russian oil is getting mixed in Singapore and then re-exported, sources say
This trend of more Russia-to-Asia shipments and the growing role of hubs in their re-distribution may further intensify ...
Traders reap big profits in Singapore by mixing cheap Russia oil: Sources
Demand is soaring for oil storage tanks in Singapore, in a sign that a flood of Russian fuel is being blended and re-exported globally. Read more at straitstimes.com.
Steel company tops Corporate Knights’ Global 100, four Singapore names among world’s most sustainable listcos
A dollar invested in an index composed of Global 100 companies on Feb 1, 2005, would have generated a return 1.2 times higher.
The car rental business in Singapore is booming this CNY! Here are the best cars to rent before they are all gone!
A large part of Chinese New Year celebrations consist of visitations to friends and family members' homes, dressed in stylish new clothes, bringing mandarin oranges and other goodies along.While you ...
‘Inherently speculative … slightly crazy’: Davos bigwigs snipe at crypto and call for more regulation
Senior Minister Tharman Shanmugaratnam of Singapore said instead of regulating crypto it may be better to emphasize it’s unregulated so investors can make their own decisions.
‘Higher than usual’ surge in seafood prices in Singapore due to weather, high demand for CNY
With Chinese New Year taking place earlier this year in the midst of the seasonal rainy weather, fishmongers are saying that supplies of popular fish ...
Singapore Stock Market May Hand Back Wednesday’s Gains
The Singapore stock market bounced higher again on Wednesday, one day after snapping the two-day winning streak in which it had ...
Parliamentary committee asks Singapore Govt to review S$72.3b Covid-19 spending
A parliamentary committee has asked the Government to conduct a comprehensive review of the S$72.3 billion spent to combat Covid-19 in financial years ...
A Significant Crypto Market Maker Has Already Disassociated From the New 3AC Venture
Join Our Telegram channel to stay up to date on breaking news coverage Three Arrows Capital’s co-founders are teaming up with CoinFlex, which stated the partnership is an outgrowth of its “commitment ...
Crypto broker Genesis prepares bankruptcy filing as soon as this week
Crypto broker Genesis is preparing to file for bankruptcy as soon as this week, according to people familiar with the matter, as the company works towards a deal with creditors after months of ...
Tycoon says Singapore wants green fuel, not giant power cable
AUSTRALIAN billionaire Andrew Forrest sees an opportunity to export green fuels to Singapore after the collapse of a A$30 billion (S$27.7 billion) project to supply the country with clean electricity ...
Tycoon says Singapore wants green fuel, not giant cable
Singapore is among major global shipping hubs that are responding to decarbonisation with ambitions to boost trade in fossil fuel alternatives, including biofuels and hydrogen. Read more at ...