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Singapore
Su Zhu Obtains Restraining Order Against Arthur Hayes From a Singapore Court
Su Zhu, a co-founder of defunct crypto hedge fund Three Arrows Capital (3AC), has obtained a restraining order against Arthur Hayes, a co-founder of the BitMEX trading platform, from a Singapore court. "The Hash" panel discusses the latest developments as the order states the ruling can be served to Hayes via his Twitter account.
Algorand Foundation Among Creditors Opposing Restructuring of Troubled Crypto Exchange Hodlnaut
The Algorand Foundation declared $35 million in exposure to the lender in September.
Coinbase CEO Leaves Door Open to Relocating
Coinbase (COIN) CEO Brian Armstrong indicated that the crypto exchange would consider moving away from the U.S. if the regulatory environment for the industry does not become clearer. Separately, crypto exchange Luno is withdrawing from Singapore while the UAE's securities regulator is starting to accept license applications from crypto firms. "The Hash" panel discusses the global crypto shuffle.
Crypto Exchange Luno to Withdraw From Singapore
The firm will stop serving customers in the city state on June 20.
Bitcoin Miner Bitdeer Stock Slumps Nearly 30% at Trading Debut
The Singapore firm is one of the largest bitcoin miners in the world, with 16.2 EH/s of hashrate.
Singapore Working With Banks to Provide Guidance on Crypto Businesses: Bloomberg
An industry report is expected to outline best practices in areas including due diligence and risk management.
Crypto Exchange Zipmex's Restructuring Plan Approved by Singapore Court
The company's request for a three-week extension of creditor protection to last until April 23 was also granted.
Blockchain Firm RockX Unveils Institutional Liquid Staking Platform
Last month, liquid staking became the second-largest crypto sector when total value of assets locked reached $14.1 billion
Crypto.com Struggles to Maintain Fiat On-Ramps Amid Crypto Banking Crisis
The crypto industry is in the middle of a banking crisis with the collapse of crypto-friendly Silvergate Bank, and Crypto.com hasn’t been spared. The Singapore-headquartered exchange can now only provide euro-denominated banking services to users in the European Economic Area (EEA), having previously lost the ability to accept USD deposits because of issues with its banking partners. "The Hash" panel discusses why this is a historic moment in crypto.
Singapore Authorities Probing Do Kwon’s Terraform Labs: Bloomberg
Singapore's police said they have started to investigate Terraform Labs, the company behind the failed terraUSD (UST) stablecoin, according to a Bloomberg report on Monday. "The Hash" panel discusses the latest developments after the collapse of TerraUSD last year led to a wave of bankruptcies in the crypto industry, including those of hedge fund Three Arrows Capital and crypto lenders Voyager Digital and Celsius Network.