Blockchain Press Media

Blockchain Press Media

Singapore seizes $115M in assets from Cambodian Prince Group founder Chen Zhi

International Crackdown Intensifies Singapore has joined a growing international effort targeting Chen Zhi, the founder and chairman of Cambodia-based conglomerate Prince Holding Group. The Singaporean police revealed on October 31 that they had launched an enforcement operation against Chen and his associates the previous day, resulting in the seizure of assets valued at more than…

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UK regulator sues HTX exchange over illegal crypto promotions

FCA takes legal action against crypto exchange The UK Financial Conduct Authority has filed a lawsuit against cryptocurrency exchange HTX in London’s High Court. The regulatory body claims the exchange violated financial rules by promoting crypto asset services to UK consumers without proper authorization. According to Bloomberg’s report, the FCA specifically accused HTX of breaching…

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Switcheo Labs Launches Fluo Finance: Revolutionizing Liquidity Provision for DeFi Users and DEXs

Switcheo Labs, a pioneering force in the blockchain industry, is excited to unveil Fluo Finance, a revolutionary market-making and incentivization platform designed specifically for perpetual decentralized exchanges (Perp DEXs). Fluo Finance represents a significant leap forward in liquidity provision within the decentralized finance (DeFi) ecosystem, empowering users to execute market-making strategies seamlessly across multiple chains…

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