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Tag: $2 Billion

Ripple challenges SEC’s US$2 bln fine, cites Terraform precedent

Ripple Labs Inc. is pushing back against a US$2 billion fine proposed by the U.S. Securities and Exchange Commission (SEC), advocating for a reduction...

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SEC demands US$2 bln from Ripple Labs

The U.S. Securities and Exchange Commission (SEC) is demanding US$2 billion in fines from Ripple Labs Inc.The request is part of a lawsuit initiated...

BitForex exchange halts, US$56 mln outflow sparks exit scam fears

Hong Kong-based cryptocurrency exchange BitForex has abruptly ceased operations, with its website and trading application becoming inaccessible on February 23.The shutdown follows an outflow...

Nium is the Sole Asian Fintech on the Latest Forbes Fintech 50 List – Fintech Singapore

In its ninth annual Fintech 50 list, Forbes has spotlighted its key contributors to the fintech sector, and Singapore-headquartered payments firm Nium has been...

Southeast Asia: Fintech Holds Strong Despite Tech Investment Pullback – Fintech Singapore

by Fintech News Singapore February 16, 2024 Aligning with global trends, Southeast Asian tech investments recorded a considerable decline in 2023, influenced by increasing interest rates,...

US accelerates Black Hawk deliveries to Australia

The US will accelerate the delivery of three extra Black Hawk helicopters to Australia in 2024 following the federal government’s decision to retire the...

Hong Kong sees first spot Bitcoin ETF application

Harvest Global has submitted an application for a spot Bitcoin exchange-traded fund (ETF) to the Hong Kong Securities and Futures Commission (SFC), Tencent News...

Here Are The Top 7 Fastest Growing Fintechs in Singapore – Fintech Singapore

by Johanan Devanesan January 25, 2024 In the global financial landscape, Singapore has carved out a niche for itself as a thriving hub of fintech innovation....

Bitcoin mining’s green mile: 54.5% sustainable energy use

Bitcoin mining has achieved a new sustainability milestone, with 54.5% of its energy consumption now powered by renewable sources, according to the Bitcoin ESG...

Bitfinity valued at US$130 mln ahead of launch

Bitfinity, a Bitcoin layer 2 network, has successfully raised US$7 million in a token round, valuing the company at US$130 million, as it prepares...

Which Countries Does Fintech Trend The Highest? – Fintech Singapore

Singapore, Nigeria and Hong Kong are the three locations in the world where people are searching for the term “fintech” the most, a finding...

First Black Hawks arrive at RAAF Base Richmond

Australia has received its first two UH-60M Black Hawks just six months after the federal government confirmed it would purchase 40 in a US$2...

Global Fintech Funding Falls to Six-Year Low – Fintech Singapore

Global fintech funding hit its lowest level since 2017, totaling US$7.8 billion in Q2 2023 through 845 rounds, new data released by market intelligence...

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