Cryptocurrencies

Embrace AI or get left behind: Job cuts sweep through crypto firms

Bitcoin is down about one-third since hitting a peak in October

The business model of so-called digital asset treasuries, or DATs – which Saylor pioneered – has been under strain since cryptocurrency prices precipitously fell last October.

Strategy’s Michael Saylor signals potential shift to Bitcoin sales

The company has floated the idea that it may at some point have to liquidate some of its hoard to meet its dividend commitments

Traders have pushed the implied valuation of Anthropic alone to US$1.6 trillion across Ventuals and PreStocks, double what investors assigned the company in its most recent funding round.

AI’s hottest private companies have booming crypto shadow market

The result is a new frontier in the financialisation of private markets

Bitcoin climbed as much as 1.9% on Monday (May 4) morning in Singapore to US$80,393, its highest level since Jan 31.

Bitcoin tops US$80,000 for three-month high as stocks rise

Optimism over a US stablecoin deal and potential Senate crypto legislation has lifted traders’ spirits

Robinhood is expanding internationally as it seeks to become a financial “super app", used by customers for all of their finance needs, from banking and investing to retirement.

Robinhood gets Singapore regulators’ nod for brokerage offerings

MAS’ in-principle approval lets the firm tap Asian retail demand for buzzy overseas stocks

Justin Sun has invested a total of US$45 million to buy three billion of World Liberty’s WLFI tokens in 2024 and 2025.

Crypto billionaire sues Trump-linked project alleging extortion

Early investors in the project are still unable to trade 80% of their tokens

Bitfire, a wealth-management firm, on Wednesday said it had agreed to buy the investment team and trading systems of Avenir Group, Li Lin’s family office, for US$1.6 million.

Chinese crypto tycoon eyes Hong Kong capital with bitcoin asset management push

Li grew Huobi - now known as HTX - into one of the world’s largest cryptocurrency exchanges

Stablecoins is a type of cryptocurrency usually pegged 1:1 to the US dollar.

Global cooperation on stablecoins critically important: BIS

The central bankers’ central bank has long raised concerns about stablecoins

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Crypto hack worth US$290 million triggers DeFi contagion shock

HACKERS exploited a cross-chain bridge on Saturday (Apr 18), draining nearly US$300 million from a key piece of decentralised finance infrastructure and setting off a ripple effect across multiple cry...