Singapore state investor Temasek Holdings joins Facebook-backed Libra digital currency project

Despite facing intense scrutiny from global regulators, Facebook’s Libra project saw Singapore state investor Temasek Holdings joining the cryptocurrency project. Financial regulators are worried that the Libra project when launched could erode national control over money. Late on Thursday, Switzerland-based Libra Association, which manages the Facebook-backed digital currency project, announced Temasek entry into the project.…

Israeli blockchain startup Orbs receives investments from South Korea’s Kakao Investment

Orb will use the proceeds for R&D, and growth purposes. On Thursday, Israeli blockchain startup Orbs disclosed, it has received an investment from Kakao Investment – the venture capital arm of South Korean internet conglomerate Kakao Corp. Orbs did not disclose the size of the investment. Earlier this year, Kakao had stated it would establish…

Goldman Sachs acquires personal finance startup Clarity Money

The move will add Clarity’s Money’s 1 million customers to Goldman Sach’s Marcus business. In a strategic move aimed at bolstering its online lending business, Goldman Sachs Group Inc has purchased Clarity Money, a personal finance startup. The acquisition will add more than 1 million of Clarity Money’s customers to Goldman Sachs’ Marcus business. Clarity…