Tag: Report

Cardano outranks Bitcoin in global top intimate brands in new report

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Blockchain developer Cardano represents the crypto space with a top spot in a new report on global brand intimacy. Cardano ranks 26 among 600 brands and holds the top spot in the crypto industry, according to a report released by brand relations agency MBLM. According to the report, brand intimacy refers to the emotional connections brands are able to create with their user base and audience. MBLM utilized artificial intelligence (AI) and big data to understand consumer relationships with some of the world’s leading brands, including Disney, Tesla and Apple.…

Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils – Regulation Bitcoin News

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Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information about their activities and assets. Ahead of a possible broadening of the applicable rules, the authority is trying to get a clearer idea of their financial state, knowledgeable sources say. Singapore Regulators Send Crypto Firms Questionnaire, Expect Prompt Response The Monetary Authority of Singapore (MAS) has sought to acquire detailed information from cryptocurrency firms operating under its license and also some of the applicants,…

Report Shows the Country Has 115 Million Crypto Investors – Featured Bitcoin News

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A new report shows that India has roughly 115 million crypto investors, and the country’s crypto economy is growing despite the recent market downturn, with more than half of the crypto investors surveyed planning to increase their crypto investments in the coming six months. Indian Crypto Ecosystem Is Growing, Report Shows Cryptocurrency exchange Kucoin published a report on India’s cryptocurrency ecosystem Tuesday. It features the results of a survey, conducted from October 2021 to June 2022, which the company described as “an in-depth look into the development of the blockchain…

Tech Giant Samsung Planning Launch of Its Own Crypto Exchange: Report

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The investment arm of South Korean tech giant Samsung is reportedly looking to launch a crypto exchange platform along with several other prominent securities firms. According to local media outlet Newspim, Samsung Securities attempted to headhunt for individuals who can take charge of a crypto trading platform and develop blockchain smart contracts last year. The investment firm failed to find people to fill in the positions, but is reportedly conducting studies on how to venture into the crypto assets exchange business. The report says that Samsung Securities and six other…

3AC’s Zhu was in Bangkok, disputed liquidator’s court filing in Singapore: Report

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According to a document seen by Bloomberg, Zhu delivered the affidavit in person on Aug. 19. In it, Zhu states that Teneo “had not provided an entirely complete or accurate version of events” to the Singapore court, which granted Teneo’s request for access to 3AC records in Singapore on Aug. 22. Teneo, an advisory firm, was appointed in June to liquidate 3AC assets by a court in the British Virgin Islands, where Singapore-based 3AC had moved its registration. The fund had also announced its intention to move its headquarters to…

Report Claims Russia and Iran Plan to Establish a Global Gas Cartel, Moscow to Launch Its Own Precious Metals Exchange – Economics Bitcoin News

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Following Russian president Vladimir Putin’s statements at the end of June that indicated members of the BRICS nations have formalized plans to create a new “international reserve currency,” Russia is reportedly building the foundations of a global gas cartel with Iran. Financial journalist and best-selling author Simon Watkins claims the “alliance aims to control as much of the two key elements in the global supply matrix as possible.” At the same time, Russia intends to create a precious metals exchange called the Moscow World Standard (MWS). US Dollar and Ruble…

Three Arrows Capital Co-Founder Calls Crypto Hedge Fund’s Liquidators Inaccurate, Misleading: Report

CryptoX – Cryptocurrency Analysis and News Portal Zhu described the complex network of Three Arrows entities registered in different jurisdictions including Singapore, the British Virgin Islands and the U.S. state of Delaware. As a result of the diffuse structure, the Singapore-based entity – Three Arrows Capital Pte Ltd (TACPL) – may not be able to comply completely with the liquidators’ demands, according to Zhu. Original Source The post Three Arrows Capital Co-Founder Calls Crypto Hedge Fund’s Liquidators Inaccurate, Misleading: Report appeared first on CryptoX. CryptoX Portal

Three Arrows Capital Co-Founder Calls Crypto Hedge Fund’s Liquidators Inaccurate, Misleading: Report

Zhu described the complex network of Three Arrows entities registered in different jurisdictions including Singapore, the British Virgin Islands and the U.S. state of Delaware. As a result of the diffuse structure, the Singapore-based entity – Three Arrows Capital Pte Ltd (TACPL) – may not be able to comply completely with the liquidators’ demands, according to Zhu. Source