Crypto lender Hodlnaut lays off staff, reveals police probe
Troubled crypto lender and borrower Hodlnaut on Friday (Aug 19) laid off about 40 employees since pausing crypto withdrawals and disclosed an investigation by the Singapore police. The company, which applied for a form of creditor protection last week, did not reveal further details about the police proceedings. “While HodlnautContinue Reading
High reserve price of S$1.8 billion likely a factor in lack of bids for People’s Park Centre en bloc
The collective sale tender for People’s Park Centre closed on Aug 18 at 3pm.Continue Reading
New digital tool for healthcare workers to help cancer patients estimate treatment costs and subsidies
The team said the digital tool was created in light of the Health Ministry’s changes to the MediShield Life (MSHL) reimbursement model, which are set to take effect in September. It will only cover a positive list of clinically proven and cost-effective cancer drug treatments. Patients will be able to makeContinue Reading
‘High quantum amount of S$1.8 billion’ likely contributing factor for lack of bids for People’s Park Centre
The collective sale tender for People’s Park Centre closed on Aug 18, 3pm.Continue Reading
China’s cyber watchdog wants ‘affectionate’ ties with domestic Internet firms
China’s cyberspace watchdog wants to build an “affectionate” relationship between Internet enterprises and the government, a senior official said on Aug 19, the latest verbal assurance to an industry still on edge after a long and bruising regulatory crackdown. Read full storyContinue Reading
China’s cyber watchdog tries to assuage concerns of Internet firms
China’s cyberspace watchdog wants to build an “affectionate” relationship between Internet enterprises and the government, a senior official said on Aug 19, the latest verbal assurance to an industry still on edge after a long and bruising regulatory crackdown. Read full storyContinue Reading
‘Absurd’: N Korea slams South’s offer of aid for denuclearisation
Kim Jong-un’s sister Kim Yo-jong asked South Korea’s president, who made the offer, to “shut his mouth”.Continue Reading
Startup Kabina raises funding led by East Ventures
Funds will be used for product development, team expansion
Notable angel investors including celebrity Sandra Dewi participated Kabina announced the completion of its undisclosed seed funding round led by East Ventures with the participation from several notable angel investors including celebrity Sandra Dewi.
In a statement, the property and construction startup said it…Continue Reading
Tune Talk app may have been compromised, users receiving ‘bitcoin investment’ notifications
Tune Talk said it’s aware that its app’s notification system may have been compromised, as users on Twitter have reported receiving push alerts offering ‘bitcoin investment’. Read full storyContinue Reading
Rangers arrest 2 men, seize 3m meth pills after pursuit
Soldiers arrested two fleeing men in Mae Chan district of Chiang Rai and later seized about 3 million methamphetamine pills dumped while they were being chased through nearby Mae Ai border district of Chiang Mai early Friday morning.Continue Reading