Hacked Liquid exchange receives $120M debt funding from FTX
The funding comes soon after Liquid suffered a major hacking incident last Thursday when the exchange’s warm wallets were compromised. Go to Source Powered by WPeMatico
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Australia and Singapore conclude digital verification blockchain pilot
A nine-month blockchain initiative assessing the cost and time efficiency of the two countries’ digital verification systems has been deemed a success. Go to Source Powered by WPeMatico
Ethereum, Bitcoin, Cardano Are Most Popular Cryptocurrencies in Singapore: Study
A new study shows that ethereum is the most popular cryptocurrency among more than 4,000 adults surveyed in Singapore. The second-most popular crypto is bitcoin, followed by cardano. Singapore-Based Crypto Investors Prefer Ethereum, Bitcoin, Cardano The new 2021 State of Crypto in Singapore, a joint study by Seedly, Gemini, and Coinmarketcap, was published Monday. It … Read more
Ether is more popular than Bitcoin in Singapore, new study finds
Almost four in five Singaporean crypto holders own Ether, followed by Bitcoin, Cardano and Binance Coin. Go to Source Powered by WPeMatico
Korean internet giant Kakao expands blockchain presence to Singapore
Kakao wants to keep up with the enterprise blockchain competition in Asia as it eyes expansion to Singapore. Go to Source Powered by WPeMatico
DBS wins regulatory approval in Singapore for crypto payment services
Starting next Monday, DBS Bank’s crypto exchange will start operating, allowing institutional investors to trade Bitcoin. Go to Source Powered by WPeMatico
Singapore to License Digital Payment Providers, Approves Crypto Exchange
The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the city-state. The move, which comes after the approval of a crypto exchange for a license, secures Singapore’s status as Asia’s crypto hub, industry observers say. Digital Payment Service Providers to Be Authorized … Read more
Singapore grants first regulatory in-principle approval to crypto exchange
Independent Reserve gets the first in-principle approval that gives hope to around 170 crypto exchange applicants waiting to receive an official operating license in Singapore. Go to Source Powered by WPeMatico
43% of Singaporeans own crypto, according to Independent Reserve survey
The inaugural 2021 Independent Reserve Cryptocurrency Index, or IRCI, is based on a poll of 1,000 Singaporeans from a representative background of gender, age and location. Go to Source Powered by WPeMatico
Former Bitmain CEO Jihan Wu: Regulatory crackdown may be good for crypto
Wu also pitched Singapore, where his current company Matrixport is based, as a strong contender to serve as “a hub for crypto innovations.” Go to Source Powered by WPeMatico
