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FTX TEMASEK LOSS
Massive write-off: Nvidia dumps $4.5 billion in chips, leaving Jensen Huang frustratedNvidia faces a significant setback with a $4.5 billion write-off due to US export restrictions, rendering its China-specific H20 chips unus...- After losses in FTX, which went bankrupt in 2022, Temasek slashes early-stage startup investments by 88%Singapore's Temasek, a major global investor, has significantly cut its early-stage startup investments by 88% since 2021, reducing from $4...
- Banks missed the UPI bus: RBI deputy governor; HealthKart raises $135 million amid funding winterOn Friday we reported that the National Payments Corporation of India (NPCI), which runs UPI, has decided to give dominant apps like PhoneP...
- Singapore's Temasek holds internal review of $275 million FTX-related lossTemasek had invested about $275 million in FTX, which it said it has decided to write down after the spectacular collapse of the exchange.
- Aditya Birla Group bags eight D2C brands; India may have 500 more GCCs by 2026: NasscomIn June, the Aditya Birla Group’s fashion arm set up TMRW, a ‘house of brands’ business with the aim of acquiring and incubating 30 digital...
- Singapore government faces parliament grilling over FTX falloutSingapore’s government faces increased scrutiny over the fallout from the collapse of Sam Bankman-Fried’s FTX crypto empire
- Smartkarma Research: FTX Fallout - A Quick UpdateOn November 14, the Company filed a motion in the Delaware court to allow FTX to modify creditor list requirement from top 20 creditor list...
- FTX has collapsed – but don't write off cryptocurrencies just yetOn Sunday, a filing in the US bankruptcy court estimated that FTX owes its 50 biggest creditors nearly $3.1 billion (₹25,336 crore). Th...
- FTX's Sam Bankman-Fried begged for a rescue even as he revealed huge holes in firm's booksHunkered in his Bahamas apartment, Bankman-Fried toiled through the night, calling some of the world's biggest investors, including Sequoia...
- Here's what FTX's investors have to sayRegulators froze some assets of distressed cryptocurrency exchange FTX and industry peers are trying to limit losses, while FTX chief execu...
- Collapsed FTX hit by rogue transactions, analysts saw over $600mln outflowsFTX filed for bankruptcy on Friday, one of the highest profile crypto blowups, after traders rushed to withdraw $6 billion from the platfor...
- Collapsed FTX hit by rogue transactions, analysts saw over $600 million outflowsFTX filed for bankruptcy on Friday, one of the highest profile crypto blowups, after traders rushed to withdraw $6 billion from the platfor...
- The rapid rise and dizzying fall of Sam Bankman-FriedAn MIT graduate, Sam Bankman-Fried is the co-founder of FTX, the cryptocurrency exchange that has just filed for bankruptcy. His personal w...
- How Binance, FTX deal rocked the crypto world and then collapsedFTT, the utility token of the FTX exchange, collapsed by more than 40% Wednesday following a tumble of more than 70% Tuesday. But just abou...
- Cryptocurrencies fall after FTX-Binance turmoil spooks investorsThe proposed deal between high-profile rivals followed week-long speculation about FTX's financial health that snowballed into $6 billion o...
- Cryptocurrencies fall after FTX-Binance turmoil spooks investorsCrypto giant Binance signed a nonbinding agreement on Tuesday to buy FTX's non-U.S. unit to help cover a "liquidity crunch" at the rival ex...
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