Singapore's Temasek is still bullish on the crypto industry despite losing $275 million to FTX.
Singapore's government-owned investment firm Temasek continues investing in cryptocurrency projects even after losing hundreds of millions of dollars to the collapsed FTX crypto exchange.
The new Temasek-backed algorithmic currency system aims to provide a more “stable, efficient and scalable” asset than traditional cryptocurrencies like Bitcoin . The system is expected to have a variety of use cases, including payments, remittances as well as investments. “In order to ensure the value of the token remains stable and predictable for investors and traders indefinitely, a traditional bonding curve is implemented manually,” the Array team
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
CZ Did Not Put FTX Out of Business: Anthony Scaramucci (Consensus 2023 LIVE)'CZ did not put FTX out of business.' Anthony Scaramucci (Scaramucci) spoke at Consensus2023 about FTX_Official's collapse, denying cz_binance caused the exchange's failure and instead blaming SBF. Read more here:
Baca lebih lajut »
Gooch holds off Garcia in Singapore playoff for back-to-back LIV tour winsAmerican Talor Gooch beat Sergio Garcia in a playoff to claim victory in a weather-affected LIV Golf Invitational in Singapore on Sunday and secure a second $4 million winner's pay cheque in as many LIV tour appearances.
Baca lebih lajut »
Regulators Want Crypto to “Stay the F*** Away”: Caitlin Long, Erik Voorhees (Consensus 2023 LIVE)Is crypto straying from its purpose? Read what ShapeShift CEO ErikVoorhees and Custodia Bank CEO Caitlin Long (caitlinlong_) had to say on the topic during Consensys2023:
Baca lebih lajut »
Currencies in limbo awaiting packed week of central banksActivity in the foreign exchange markets was subdued due to the Labor Day holidays in Singapore, Hong Kong and mainland China.
Baca lebih lajut »
Funko Games unveils new cranium-busting 'Star Trek Cryptic' tabletop gameJeff Spry is an award-winning screenwriter and veteran freelance journalist covering TV, movies, video games, books, and comics. His work has appeared at SYFY Wire, Inverse, Collider, Bleeding Cool and elsewhere. Jeff lives in beautiful Bend, Oregon amid the ponderosa pines, classic muscle cars, a crypt of collector horror comics, and two loyal English Setters.
Baca lebih lajut »
Is Your Uber Drivers’ Pay Rigged?On today’s What Next TBD: Knowing how much money you’ll make for a job was a pretty fundamental right, but gig workers are left in the dark—it’s in the algorithm’s hands.
Baca lebih lajut »