
Indian crypto exchange WazirX has just secured the approval of the Singapore High Court to convene with its users in a bid to address debts and recover following a costly cyberattack last year. In July, the North Korean Lazarus group hacked WazirX and stole more than $230 million worth of assets, the massive loss prompted […]
The post Singapore Court Approves Next Step in Crypto Exchange WazirX’s Repayment Process After Massive $230,000,000 Hack appeared first on The Daily Hodl.
The Monetary Authority of Singapore (MAS) says that stablecoins have the potential to become a widely adopted means of payment. In an interview with The Business Times, MAS managing director Chia Der Jiun says stablecoins have immense potential provided that regulations are in place to keep the crypto assets from straying from their linked value. […]
The post Singapore’s Central Bank Sees Good Potential for Stablecoins To Become Widely Used Payment Instrument appeared first on The Daily Hodl.