Asia's weekly TOP10 crypto news (Mar 3 to Mar 9)
1. Singapore Officials Warn Public to Stay Away from Cryptocurrencies link Ms. Sun Xueling, Minister of State, Ministry of Home Affairs of Singapore, said that cryptocurrency fraud cases accounted for a quarter of the total loss amount involved in fraud last year. In the largest fraud case last year, the victim clicked on a fake meeting link, downloaded and ran malicious code on the computer, and lost about S$125 million. “Our advice to the public is to stay away from cryptocurrencies. The risk of getting scammed is very high, and if you become a victim of a scam, the chance of getting a single cent back is very slim.” 2. Russian Finance Ministry States Crypto Assets Will Not Be Included in National Welfare Fund Investments link Interfax reported that Vladimir Kolychev, Deputy Minister of the Russian Ministry of Finance, told reporters that the Russian Ministry of Finance has no plans to change the current investment structure of the National Welfare Fund, and in particular, will not a...