Search
Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay
4.9.2024
Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible users can now withdraw up to 66% of their INR balances. However, crypto trading on the platform will not resume for another six months. Wazirx Expedites...
Okx Approved to Provide Cross-Border Payment Services in Singapore
3.9.2024
Global crypto exchange Okx has secured a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), allowing it to offer digital payment token services. Gracie Lin, the newly appointed CEO of Okx’s Singapore entity (Okx SG), highlighted the significance of this...
Extremely Unlikely WazirX Customers Will Be Made Whole in Crypto Terms: Legal Advisers
2.9.2024
It is extremely unlikely that WazirX customers will be made whole in crypto terms through the restructuring, legal advisers of the Indian cryptocurrency exchange said
OKX Receives Major Payment Institution License in Singapore
2.9.2024
Singapore has a reputation of being a world-leading crypto hub as it provides clear guidelines on how cryptocurrency firms should operate
OKX bags Singapore crypto license
2.9.2024
OKX Singapore also announced that it onboarded Gracie Lin, who previously worked at MAS, as its CEO.
Singapore, Hong Kong and UAE lead in crypto adoption: Report
30.8.2024
Singapore scored high in the adoption index because of several criteria, including regulations, innovation and technology
Wazirx Files for Moratorium in Singapore Court to Address Users’ Crypto Balances
28.8.2024
Indian crypto exchange Wazirx has announced that a moratorium has been filed in Singapore’s High Court under the Insolvency, Restructuring and Dissolution Act to address users’ crypto balances. The move aims to provide a 30-day relief period for Wazirx to reorganize liabilities through...
WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action
28.8.2024
Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held
Singapore Court Imposes 6-Year Prison Sentence on Crypto Ponzi Scheme Mastermind
27.8.2024
Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000 Singapore dollars for orchestrating a cryptocurrency Ponzi scheme. Yang’s company, A&A Blockchain Innovation, falsely claimed to own 300,000 cryptocurrency mining machines...
TOKEN2049 Singapore Exhibition Opportunities Sold Out: Limited Tickets Remain for the World’s Largest Web3 Event With 20,000 Attendees and 500+ Side Events
26.8.2024
PRESS RELEASE. SINGAPORE — 26th August 2024 — TOKEN2049, the world’s largest crypto event, is set to make history again by shattering all previous records for its 2024 edition. Taking place September 18-19 at the Marina Bay Sands ahead of the Formula 1 Singapore Grand Prix 2024 race weekend...
WazirX slams external forces for delaying restructuring efforts
25.8.2024
This restructuring plan is expected to provide greater clarity on the steps WazirX will take to stabilize its operations and protect its users’ interests
Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’
24.8.2024
Indian crypto exchange Wazirx has defended its restructuring strategy in response to the July 18 cyberattack that led to the theft of over $230 million. The company emphasized that this approach is the quickest and most legally sound way to address these challenges. “This is not bankruptcy...
TOKEN2049 Singapore: World’s Largest Crypto Event Sells Out
23.8.2024
Exhibition space sold out a record month ahead of the world’s largest crypto event Speaker highlights include Binance…
DBS Bank pilots blockchain-based government grants
22.8.2024
The blockchain-based solution builds on DBS Bank’s participation in Project Orchid, an effort by the Monetary Authority of Singapore to test the benefits of tokenization.
3AC liquidators file $1.3B claim against Terraform Labs
13.8.2024
3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem
3AC liquidators file $1.3B claim against Terraform Labs
13.8.2024
3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem
WhoMadeWho, Da Capo to Headline AFTER 2049, Singapore’s Biggest Pre-Formula 1 Party
9.8.2024
PRESS RELEASE. SINGAPORE — 9th August 2024 — TOKEN2049, the world’s largest Web3 and crypto conference, announced a star-studded DJ line-up for AFTER 2049, the official closing event of this year’s highly anticipated Singapore edition. Making their eagerly awaited debut in Singapore, award-winning...
US crypto firm BitGo wins payment license in Singapore
8.8.2024
Before receiving the license, BitGo served users in Singapore and APAC, but the offering included only custody services from the US South Dakota Trust and hot wallets
US crypto firm BitGo wins payment license in Singapore
8.8.2024
Before receiving the license, BitGo served users in Singapore and APAC, but the offering included only custody services from the US South Dakota Trust and hot wallets
Bitgo Secures Major Payment Institution License in Singapore
8.8.2024
Bitgo, a provider of digital asset solutions, has obtained the Major Payment Institution License from the Monetary Authority of Singapore (MAS). This follows an in-principle approval received several months ago. With this license, Bitgo can now offer regulated digital payment token services...