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Singapore
Singapore’s Crypto Warning; Bitcoin Takes a Tumble
Singapore’s deputy Prime Minister reiterates warning against retail investment in crypto. More crypto crime in South Korea as police arrest man for stealing $700,000 from Naver’s Band users. Bitcoin drops below $30,000 on wider market concerns over inflation and the economic outlook. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Singapore’s Digital Assets Initiative; Shanghai Lockdown Ends
Singapore launches collaborative digital assets initiative named Project Guardian. South Korea’s Dunamu rebuts claims it made $100 million off LUNA Classic. Markets hesitant over Shanghai’s reopening after two months of lockdown. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Wallet Firm Liminal Raises $4.7M From Elevation Capital, CoinDCX, Sandeep Nailwal and Others
Liminal was founded by Mahin Gupta, who previously co-founded Zeb Pay, a prominent Indian crypto exchange.
Singapore to Look at Crypto Use Cases With DBS, JPMorgan and Marketnode
In the first stage of the project, Singapore's central bank explore DeFi applications in wholesale funding markets.
Crypto Lender Babel Finance Lands Unicorn Status With $80M Series B
The funding round sets the firm's valuation to $2 billion.
Terra Hard Fork Proposed; Temasek ‘Doesn’t Own Bitcoin
Terra fiasco weighs on South Korean P2E projects. Do Kwon proposes Terra fork, ditching UST. Singapore’s Temasek says it doesn’t own Bitcoin, but is getting ready for tokenized assets. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
How Not to Run a Cryptocurrency Exchange
At Japan's Liquid exchange, recently acquired by FTX, warnings were ignored, breaches unreported and employees berated and cursed at, insiders say.
First Mover Asia: Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds
Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spent Sunday in the green.
Terra’s UST Loses Dollar Peg; Philippines Expects Marcos Jr Win
UST loses dollar peg as Terra market cap plunges. Coinhako receives full license to provide Digital Payment Token services in Singapore. Marcos Jr. poised to become next Philippine president; Blockchain industry players react. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Chilean Digital Peso Would Need to Work Offline, Central Bank Governor Says
Design principles are due out later this week, though no final decision has been taken on the digital peso.
