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Business

3AC liquidators seeking $1.3 billion from founders: report
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30 June, 2023

3AC liquidators seeking $1.3 billion from founders: report

The liquidators from Teneo say the $1.3 billion is the figure reflecting the losses that Su Zhu and Kyle Davies...
Singapore central bank issues Project Guardian report following experimentation with 3 use cases
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30 June, 2023

Singapore central bank issues Project Guardian report following experimentation with 3 use cases

The Monetary Authority of Singapore, along with notable financial firms and the BIS, conclude their exploration of blockchain interoperability in...
Shanghai Clearing House floats digital yuan services for commodity trading
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30 June, 2023

Shanghai Clearing House floats digital yuan services for commodity trading

One of the changes of the new regime is abolishing the 2022 “Guidelines for the Spot Clearing Business of Bulk...
Swiss National Bank set to launch CBDC pilot on SIX Digital Exchange
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30 June, 2023

Swiss National Bank set to launch CBDC pilot on SIX Digital Exchange

SNB's pilot program will explore the possibility of launching a wholesale CBDC, although technical details of its whitepaper state it...
Do Kwon: Swiss authorities freeze $26M worth of assets belonging to Terra founder
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29 June, 2023

Do Kwon: Swiss authorities freeze $26M worth of assets belonging to Terra founder

As Do Kwon deals with life under police custody in Montenegro while awaiting his extradition, Swiss authorities took the initiative...
Robinhood axes 7% of employees in third round of layoffs
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29 June, 2023

Robinhood axes 7% of employees in third round of layoffs

The stock and digital asset trading platform will lay off about 150 people, mostly in customer experience and safety, as...
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