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Singapore Government’s Temasek Writes Down $275M Investment in Collapsed Crypto Exchange FTX

Singapore Government’s Temasek Writes Down 5M Investment in Collapsed Crypto Exchange FTXSingapore government’s Temasek has written down the full value of its $275 million investment in the bankrupt crypto exchange FTX. “Our belief in the actions, judgment, and leadership of Sam Bankman-Fried … would appear to have been misplaced,” Temasek admitted. Temasek’s Investments in FTX Now Worth $0 The Singapore government’s Temasek Holdings issued a statement […]

Nokia files patent for digital asset encryption device and program

China Targets Crypto Mining at State-Owned Enterprises, Threatens Punitive Measures

China Targets Crypto Mining at State-Owned Enterprises, Threatens Punitive MeasuresAuthorities in China are continuing to crack down on activities linked to cryptocurrencies which they consider illegal. The country’s top economic planning body has clearly indicated it intends to go after large-scale cryptocurrency mining taking place at government-operated industrial facilities. State Firms Mining Crypto in China to Face Higher Electricity Bills China’s National Development and […]

Nokia files patent for digital asset encryption device and program