Singapore Government

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

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Singapore 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 … Read more

Singapore-Based Carpooling Platform Ryde Plans to Support Bitcoin Payments

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The popular and first Singapore-based carpooling platform, Ryde has revealed that customers will soon be able to pay with bitcoin. The feature will be available after the bitcoin support is incorporated into the company’s payment app on June 22. Ryde has approximately 29,000 drivers, tens of thousands of customers, and millions of trips have been … Read more