Singapore


Finance

Crypto Exchange Zipmex Receives Investment Offer

"Conversations with various interested parties have progressed significantly," Zipmex said.

Crypto exchange Zipmex said it has received an offer from an interested party. (Michal Jarmoluk/Pixabay)

Markets

Zipmex Confirms Loans Worth $53M to Babel and Celsius

CoinDesk reported Wednesday that the exchange's financial difficulties link back to crypto lender Babel Finance.

Singapore Skyline (Swapnil Bapat/Unsplash)

Finance

Crypto Lender Vauld Files for Protection From Creditors

The Singapore-based company had recently suspended withdrawals and begun laying off staff.

Singapore Skyline (Swapnil Bapat/Unsplash)

Markets

Zipmex a Victim of Crypto Contagion as Concerns Grow Over Babel Loan: Sources

The exchange suspended client withdrawals early Wednesday amid rumors of financial troubles.

A Singapore-based crypto exchange may be staring at $100 million black hole. (geralt/Pixabay/PhotoMosh)

Markets

Crypto Exchange Zipmex Suspends Withdrawals, Citing Market Volatility

The outfit becomes the latest digital-assets platform to make that move.

Zipmex blocks clients from taking direct custody of their funds. (Peggy_Marco/Pixabay)

Policy

'Singapore-based' Crypto Firms Leading Market Meltdown Were Not Regulated, Central Bank Chief Says

Troubled companies like Three Arrows – reported by the media as being based in Singapore – have "little to do" with local crypto regulations, said the head of the Monetary Authority.

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Finance

Crypto Trading Firm TPS Capital Denied Ties to Insolvent Three Arrows. Court Documents Indicate a Connection

TPS Capital claims that it's independent of Three Arrows, but legal disclosures as part of bankruptcy proceedings show a web of transactions and familiar faces between the two firms.

Cayman Islands (Creative Commons)

Finance

Fund Manager Fintonia Group Receives Provisional Virtual Assets License in Dubai

Fintonia Group has followed in the footsteps of several leading crypto companies in securing a license to operate in Dubai.

Dubai (David Rodrigo/Unsplash)

Finance

Three Arrows Liquidators Ask Singapore Court to Recognize Company's BVI Bankruptcy: Straits Times

Three Arrows’ liquidators are working to get Singapore courts to recognize the British Virgin Islands liquidation order against it, in order to preserve the company's Singapore assets.

Singapore Skyline (Swapnil Bapat/Unsplash)

Markets

Bitcoin cae a $19.7K mientras crecen preocupaciones de recesión y el euro alcanza paridad con el dólar

El fondo de inversión estatal de Singapur Temasek dijo que ve más caídas en los mercados generales para los próximos meses.

Los precios de bitcoin cayeron a $19.700 esta mañana. (Adam Smigielski/E+/Getty Images)