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Singapore

Hodlnaut trims workforce by 80% as it attempts to resolve financial woes
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22 August, 2022

Hodlnaut trims workforce by 80% as it attempts to resolve financial woes

Embattled digital currency lender Hodlnaut laid off 80% of its workforce amid its current financial plight brought about by the...
Troubled lender Hodlnaut applies for creditor protection in Singapore
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20 August, 2022

Troubled lender Hodlnaut applies for creditor protection in Singapore

Hodlnaut is following the path taken by Zipmex and Vauld, two other troubled VASPs which were given three months of...
Zipmex gets 3-month creditor protection in Singapore as investors call out for CEO’s blood
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18 August, 2022

Zipmex gets 3-month creditor protection in Singapore as investors call out for CEO’s blood

Two weeks since granting Vauld protection, Singapore has extended the same to Zipmex, an exchange whose tie-up with Babel Finance...
The CoinGeek Pulse Episode 99: Tornado Cash sanctioned, Hodlnaut halts withdrawals, NFTs on Instagram
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12 August, 2022

The CoinGeek Pulse Episode 99: Tornado Cash sanctioned, Hodlnaut halts withdrawals, NFTs on Instagram

U.S. Department of the Treasury's Office of Foreign Assets Control said that cybercriminals regularly used Tornado Cash to launder money...
Crypto lending platform Hodlnaut, German exchange Nuri latest to fail
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12 August, 2022

Crypto lending platform Hodlnaut, German exchange Nuri latest to fail

The ‘crypto’ collapse continues unabated, with customers of both Singapore-based lending platform Hodlnaut and German digital asset exchange Nuri fearing...
Monetary Authority of Singapore plans public consultation to amend stablecoin regulations
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6 August, 2022

Monetary Authority of Singapore plans public consultation to amend stablecoin regulations

The MAS is working on reviewing its approach to digital assets regulations, which will majorly target stablecoins, the Senior Minister...
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