Thursday, November 17, 2022

FTX Collapse: Temasek Writes Down $275 Investment in Fallen Crypto Firm Ahead of Bankruptcy Proceedings

Temasek on Thursday said it would write down its entire investment of $275 million (roughly Rs. 2,240 crore) in FTX. Other backers of the fallen crypto exchange such as SoftBank's Vision Fund and Sequoia Capital have also marked down their investment to zero after its collapse last week

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Xiaomi Mix Flip 2 Confirmed to Launch Later This Month With Leica-Branded Cameras

Xiaomi has started teasing the Xiaomi Mix Flip 2 in China and the foldable is confirmed to debut later this month. The upcoming clamshell fo...