Temasek is considering investing in OpenAI, a move that reflects growing interest in AI technologies. OpenAI's valuation has surged, with discussions indicating potential support from prominent investors like Temasek.
JoySingapore's PM Lee Hsien Loong alerts the public about deepfake videos misusing his image for cryptocurrency scams, emphasizing the need for vigilance and reporting.
AlexSingapore Prime Minister Lee Hsien Loong has issued a warning against deepfake videos circulating on social media, urging the public to be cautious of cryptocurrency investment scams. The Prime Minister clarified a deepfake video on Facebook, emphasizing the use of AI technology to manipulate his voice and image. He called on the public to ignore such videos and report false information. The Prime Minister also noted the escalating threat of deepfake videos, with recent reports indicating a 500% surge in such content within the country in 2023.
Sanya45-year-old Mr. Hsu led a fraudulent pyramid scheme exploiting the elderly, establishing a fake investment platform and app named "DuoDuo Blind Boxes." They conducted investment seminars across Taiwan, enticing people to join by promising a 3% profit on reselling these blind boxes, pressuring them to become members and purchase USDT for deposit.
JoySingapore's Monetary Authority strengthens crypto regulations to protect retail investors, introducing measures to curb speculative activities while facing concerns that such stringent oversight may impede the nation's crypto industry aspirations.
JasperCrypto tax fraud, a shadowy threat, demands investor vigilance. Navigating legal complexities is crucial to safeguard against severe consequences and ensure a compliant, ethical crypto investment landscape.
SanyaIn November, the fund wrote off all of the $275m (£222.8m) it invested in FTX.
OthersThe Commercial Affairs Department (CAD) launched a probe into troubled crypto lender Hodlnaut for “possible cheating and fraud,"
decryptMany reactions have emerged in the crypto space due to the FTX fiasco, the latest one is from the Ripple CTO, David Schwartz.
BitcoinistSingapore’s Temasek writes off US$275M in FTX. SoftBank and Sequoia Capital, too, wrote off their investments in the FTX exchange.
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