The Monetary Authority of Singapore (MAS) has added Bybit to the Investor Alert List and restricted global operations for Singapore users.

The entities involved

• Bybit →

  cryptocurrency exchange

  • Circle froze funds linked to a Binance breach while Bybit was hacked and blamed on North Korean actors.07:42
  • A suspected hack involving Bybit and Binance caused massive losses and market instability.Sat 13:55
• Singapore →

  sovereign island country and city-state in maritime Southeast Asia

  • Vivian Balakrishnan met with Pakistani officials in Rawalpindi to discuss regional security and bilateral cooperation.11:51
  • Singapore's successful model is being recognized as a blueprint for the broader goals of ASEAN and Southeast Asia.05:21
• Monetary Authority of Singapore →

  registration authority

  • The Monetary Authority of Singapore launched COSMIC to help commercial banks enhance defenses against financial crime and share risk information.Fri 04:36
  • Tampered wallets caused significant financial losses involving digital assets.Fri 04:36

Related events

• MAS operates within Singapore's financial system.Jul 28
• Chee Hong Tat has been appointed as the Deputy Chairman of the Monetary Authority of Singapore (MAS).Oct 21
• MAS provides a macroeconomic review for Singapore while Micron and GlobalFoundries announce plans for capacity expansions in the country.Oct 15
• Hui commented on Singapore's regulatory approach, noting its similarity to Japan's and difference from Hong Kong's.Oct 20
• Authorities are advised to consider implementing new market rules in Singapore.Fri 03:45