SINGAPORE – Cryptocurrency investments have received a lot of negative attention in recent times.
It started in May with the turmoil caused by the sudden collapse of a major US dollar-pegged stablecoin, the TerraUSD which is linked to another cryptocurrency Luna. This was followed by fluctuations in the value of Bitcoin, which touched US$19,000 recently, a far cry from its peak value of US$68,000 in November 2021.
Already a subscriber? Log in
Get exclusive reports and insights with more than 500 subscriber-only articles every month
No contract
ST app access on 1 mobile device
Subscribe now
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won’t miss out on content that matters to you
Join ST’s Telegram channel and get the latest breaking news delivered to you.
Read 3 articles and stand to win rewards
Spin the wheel now
MCI (P) 031/10/2021, MCI (P) 032/10/2021. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2021 SPH Media Limited. All rights reserved.
