Featured Archives • Page 917 of 1358 • Financial News

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MicroStrategy sells Bitcoin for the first time, remains a net buyer

MICROSTRATEGY, the enterprise-software firm better known in recent years as the largest corporate buyer of Bitcoin, announced a series of transactions involving the cryptocurrency including its first ever sale of the token. The company remains a net buyer.

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Japan moves to ease crypto token listings after FTX collapse

JAPAN will make it easier for cryptocurrency exchanges to list tokens, pressing ahead with plans to liberalise the industry even after the epic failure of Sam Bankman-Fried’s digital empire.

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UOBKH’s ban from IPO, RTO sponsor activities significant but unsurprising: market watchers

UOB Kay Hian’s (UOBKH) ban from new issue and sponsor activities is a significant one, but comes as no surprise to market watchers polled by The Business Times.

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UOB Kay Hian’s ban from IPO, RTO sponsor activities significant but unsurprising: market watchers

UOB Kay Hian’s (UOBKH) ban from new issue and sponsor activities is a significant one, but comes as no surprise to market watchers polled by The Business Times.

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Latest Singapore Savings Bond gets lukewarm interest

SINGAPORE Savings Bonds (SSBs) allotted on Wednesday (Dec 28) were marginally oversubscribed, with investors applying for up to S$172,500 being fully allotted in an issuance that offers less attractive yields.

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Argo Blockchain to sell its mining facility Helios for US$65m

CRYPTO miner Argo Blockchain said on Wednesday (Dec 28) it will sell its mining facility Helios for US$65 million and refinanced a new asset-backed loan agreement, in an attempt to avoid filing for bankruptcy.

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Gemini, Winklevoss twins, sued for fraud over interest accounts

GEMINI Trust and its founders, Tyler and Cameron Winklevoss, were sued by investors who claim the crypto asset exchange sold interest-bearing accounts which it failed to register as securities.

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Crypto exchange Kraken will close in Japan after global cuts

KRAKEN is closing its cryptocurrency exchange services in Japan as the company restructures to navigate the fallout from this year’s meltdown in digital assets.

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Malaysia’s Berjaya evaluates potential acquisition in financial services

MALAYSIAN consumer-to-property conglomerate Berjaya Corp is evaluating a “major potential acquisition” involving a licensed entity governed by the Malaysian central bank, it said in a stock filing late on Tuesday (Dec 27).

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Alameda lent Sam Bankman-Fried US$546m for Robinhood stake

FTX founder Sam Bankman-Fried said he and former executive Gary Wang borrowed more than US$546 million from Alameda Research to buy a nearly 8 per cent stake in Robinhood Markets, according to court papers.

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