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QCP Capital Expects Fed to Be Irate Amid Easing Financial Conditions

Singapore-based crypto options trading firm QCP Capital said the recent risk revival in traditional markets and cryptocurrencies might not sustain because the U.S. central bank is still fighting inflation. "The Hash" panel discusses their outlook for the crypto industry and the economy at large amid broader uncertainty in the market.

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Finance

Il prestatore di Cripto Vauld annulla la potenziale acquisizione da parte del rivale Nexo

Vauld ha fatto domanda a Singapore per ottenere protezione dai creditori a luglio e ha firmato un accordo iniziale con Nexo lo stesso mese. Nexo, tuttavia, ha affermato che i colloqui sono ancora in corso.

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Amber Group Reportedly Ditches Sponsorship Deal With Chelsea FC Amid Massive Layoffs

Bloomberg reports that Singapore-based cryptocurrency trading firm Amber Group is terminating a $25 million sponsorship deal with football club Chelsea F.C. as the firm is laying off around 300 people. "The Hash" panel discusses the what this means for exchanges and firms navigating the chill of crypto winter.

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Innovation vs Regulation

Could Hong Kong and Singapore rival the U.S. together? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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Singapore Defends Stance on Binance After FTX Implosion

This week, Singapore's central bank, the Monetary Authority of Singapore (MAS), released a statement to "address misconceptions" after the collapse of crypto exchange FTX. CoinDesk Executive Director of Global Content Emily Parker discusses the latest in the state of crypto in Singapore and Asia as FTX's implosion continues to ripple across the industry worldwide.

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Temasek to Write Off up to $300M Invested in FTX; House Committee to Hold Hearing on FTX Collapse

Genesis Global Trading's lending arm is temporarily suspending redemptions and new loan originations. Singapore's state investment fund Temasek is preparing to write off between $200 million and $300 million invested in FTX. The House Financial Services Committee will hold a hearing into FTX next month. Sam Bankman-Fried, Tom Brady and other FTX promoters have been sued. Genesis and CoinDesk both operate under Digital Currency Group.

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Finance

Temasek si prepara a cancellare fino a $ 300 milioni investiti in FTX: Bloomberg

Il fondo di investimento statale di Singapore ha investito 400 milioni di dollari sia in FTX che nella divisione statunitense del Cripto exchange.

Director of crypto investing AT Temasek, Antony Lewis. The state investment fund for Singapore, is writing off part of its investments in FTX. (Danny Nelson/CoinDesk)

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Singapore vs Hong Kong

Who will win in Asia’s crypto showdown? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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NFT Regulation Outlook: We Can't Stop Regulation, SmartMedia Technologies Exec Says

Reeve Collins, SmartMedia Technologies co-founder, reacts to a Singapore court ruling that NFTs are properties. "We've known for a long time that NFT is a property ... it's nice to see a court acknowledge that," he says. Plus, his take on NFT regulation in the U.S.; Are NFTs securities?

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