Crypto.com said on Friday it would be reducing about 20 per cent of its workforce, as cryptocurrency exchanges face industry-wide challenges brought on by the collapse of FTX last year. The ...
Crypto.com cuts 20% of staff, citing economic hurdles and FTX collapse
Crypto.com cuts hundreds of workers in the wake of rival FTX's collapse. A lack of faith in future cryptocurrency markets has sent valuations tumbling.
Crypto.com lays off 20% of workforce after FTX collapse blunted ambitious growth
Crypto.com cut head count by 20%, another blow to an industry and company that grew explosively in the crypto boom but was unable to weather FTX's collapse.
Matt Damon-Backed Crypto.com Cuts 20% of Jobs to Address FTX Damage
Two months after the bankruptcy filing of the FTX cryptocurrency exchange and its sister company, the hedge fund and trading platform Alameda Research, the list of victims in the crypto sector grows ...
Singapore ports handle second-highest ever container throughput despite fall in global container trade
SINGAPORE’S ports handled 37.3 million twenty-foot equivalent units (TEUs) last year, just shy of the record 37.6 million TEUs they handled in 2021, according to Maritime and Port Authority of ...
Singapore crypto firm Hodlnaut’s creditors seek its liquidation
KEY creditors of embattled crypto lender Hodlnaut rejected a proposed restructuring plan and prefer to liquidate the company. Read more at The Business Times.
I flew on Singapore’s mammoth A380 in premium economy to Germany and the service was great, but the seat had one major flaw I couldn’t overlook
Singapore operates the world's second-largest fleet of A380 superjumbos, which feature four cabins – economy, premium economy, business, and first.
Crypto.com to cut 20% jobs as industry rout deepens after FTX collapse
Crypto.com said on Friday it would be reducing about 20% of its workforce, as cryptocurrency exchanges face industry-wide challenges brought on by the collapse of FTX last year.
Singapore-based Crypto.com to cut global workforce by 20%
Crypto firms collectively have shed more than 1,600 jobs in the first two weeks of 2023. Read more at straitstimes.com.
Crypto.com cuts 20% jobs amid ‘unforeseeable’ industry events
Crypto exchange Crypto.com is cutting its global workforce by 20%, it said on Friday, as it navigates ongoing economic headwinds and "unforeseeable" industry events. This is the second major layoff at ...
Crypto.com cuts global workforce as industry’s woes deepen
SINGAPORE: Digital asset exchange Crypto.com is reducing its global workforce by about 20%, the latest retrenchment in the sector following a collapse in virtual-coin prices. Kris Marszalek, the ...
2 arrested, over 3,400 cartons of duty-unpaid cigarettes seized by S’pore Customs
The total duty evaded was more than $360,000, while the GST evaded was over $32,000. Read more at straitstimes.com.
First digital trade deal between Singapore, South Korea to come into effect on Jan 14
THE Korea-Singapore Digital Partnership Agreement (KSDPA), the first digital trade deal between the two countries, is slated to come into effect on Saturday (Jan 14). Read more at The Business Times.
Factbox-The many companies in Digital Currency Group’s crypto empire
U.S. crypto company Digital Currency Group (DCG) is at the center of the industry's latest meltdown after one of its companies, Genesis, froze customer withdrawals in November.
EMA says no setback to Singapore’s plans to import clean energy, following Sun Cable’s demise
THE surprise collapse of Sun Cable, a company that has been in talks with Singapore for the past two years to supply 1.75 gigawatts (GW) of solar power via potentially the world’s longest submarine ...
Crypto crime volume hits all-time high on the back of more sanctions
The illicit transaction volume went up to US$20.1 billion (S$26.7 billion) last year. Read more at straitstimes.com.