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Temasek FTX

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 […]

Developing in Web 3.0 Is on the Cusp of a Breakthrough

Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX

Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTXAccording to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state investor has been known to have invested in the cryptocurrency and blockchain industry for quite some […]

Developing in Web 3.0 Is on the Cusp of a Breakthrough