Singapore

Singapore Man Loses $125M in Massive Crypto Malware Scam

Cryptocurrency-related Scams accounted for 24.3% of Singapore's total scam losses in 2024, marking a significant increase from 6.8% in the previous year. A single victim...

Invesco Partners with DigiFT to Launch Tokenized Private Credit Fund in Singapore

Global asset manager Invesco enters RWA tokenization through partnership with Singapore's DigiFT for private credit fund. Investment threshold starts at $10,000, significantly lower than traditional...

Robinhood Plans Singapore Crypto Launch in 2025 Following Bitstamp Acquisition

Robinhood plans Singapore crypto services launch by late 2025 following $200 million Bitstamp acquisition. Bitstamp's regulatory licenses in Singapore were a key factor in Robinhood's...

Standard Chartered to Provide Banking Services for StraitsX Stablecoins in Singapore

Standard Chartered expands digital asset services by partnering with StraitsX for stablecoin custody in Singapore. The partnership covers management of Singapore dollar (XSGD) and US...

Central Banks from France, Italy, Malaysia, and Singapore Join BIS Project to Revolutionize Retail FX Payments

The BIS Innovation Hub revealed Project Rialto, connecting central banks from France, Italy, Malaysia, and Singapore to explore retail cross-border payments. The project integrates domestic...

Australian Crypto Firm Monochrome Expands to Singapore with Bitcoin, Ethereum ETFs

Australian firm Monochrome Group registers Bitcoin and Ethereum ETFs with Singapore's monetary authority, requiring minimum S$200,000 per transaction. ETFs will support both Bitcoin and cash...

Singapore’s NTU Speech Lab Partners with Theta Labs for AI Research Infrastructure

Singapore's NTU, ranked 15th globally, joins Theta Labs' academic network as EdgeCloud customer. NTU's Speech Lab secured S$18 million in research funding for AI and...

Singapore Court Greenlights WazirX’s Recovery Plan After $235M Lazarus Hack

Singapore High Court approves WazirX exchange's restructuring plan following $235 million hack. Users may recover up to 80% of stolen funds through token distributions. North Korean...

Latest news

Woo, Pillows: Bitcoin Edges Gold, First Bull Run Correction

Bitcoin traded near $78,000 on Monday, showing resilience despite a $6 billion hack on Binance.Analyst Michaël van de Poppe...

Bank of Korea Probes Crypto Risks for Financial Firms

The Bank of Korea is surveying 18 banks and 13 brokerages about cryptocurrency-related risks.The survey includes scenarios involving a...

Bitcoin ETFs Post Record $643M Outflow After Binance Hack

U.S. spot Bitcoin ETFs shed $643.2 million on Friday, their biggest outflow of October, following the $6.4 billion Binance...