The Singapore state investor said it had invested $210 million for a minority stake in FTX International, and $65 million in FTX US

FTX founder and former chief executive Sam Bankman-Fried, said he expanded his business too fast and failed to notice signs of trouble at the exchange

Central banks from Hong Kong, Thailand, China and the UAE issued CBDCs worth $12m on BIS’ mBridge platform to test cross-border transfers to and from commercial banks and foreign exchanges

Chinese President stressed innovation and hailed progress in the areas of space flight and exploration, quantum information and supercomputers.

Kwon faces allegations of defrauding customers, having lost $40 billion of investors' money after his firm Terraform collapsed earlier this year, TechCrunch said.

Ethereum has surged 65% since June as it nears a software upgrade to reduce its power usage. Some bet that if the 'Merge' this week is successful it could even challenge bitcoin

China will respect privacy and protect personal information in using digital yuan, Mu Changchun, director-general of the central bank's Digital Currency Research Institute said

The platform known as Huanhe, or Magic Core, is the latest victim of Beijing's crackdown on NFT trading, Jiemian.com said, citing Tencent insiders

The firm - founded by Australian videogaming entrepreneurs - said the funding was backed by Liberty City Ventures and Kingsway Capital

The new guidance shows when existing payment sector rules should apply to large stablecoins, marking a major step forward in applying "same risk, same regulation"

London-based Nexo said it would buy up to 100% of Vauld and 'reorganize its future operations with the aim to accelerate its deeper presence in Asia'

The largest NFT marketplace, OpenSea, saw monthly sales volume drop to $700 million in June, down from $2.6 billion in May