Man loses $10M after Chinese court rules Bitcoin lending is not protected by law, loads of Web3 founders get arrested, and Huobi rumors swirl.
Category: Asia Express
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China’s blockchain satellite in space, Hong Kong’s McNuggets Metaverse: Asia Express
China launches world’s first blockchain satellite into space, meanwhile, McDonalds Hong Kong brings McNuggets into the Metaverse.
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Multichain saga screws users, Binance fires 1,000 staff: Asia Express
The Multichain saga includes secret arrests, a suspicious exploit, and one man allegedly in control of $1.5B. Plus, Binance fires staff.
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China expands CBDC’s tentacles, Malaysia is HK’s new crypto rival: Asia Express
China’s president Xi Jinping expands CBDC cooperation at SCO, Hong Kong’s crypto licensing costs surge, and Multichain is hacked yet again.
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HK crypto ETFs on fire, Binance warns on Maverick FOMO, Poly hack: Asia Express
Hong Kong crypto ETFs grow 80% since December, Binance co-founder warns against FOMOing into MAV with leverage, Poly Network hacked again.
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Huobi sues… Huobi? 3AC rises from ashes, Korea crypto contagion: Asia Express
Huobi Global’s woes intensify, OPNX exchange volume up 2.5M%, 3AC is dead — long live 3AC Ventures, South Korea crypto contagion update.
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Korean crypto contagion, Bank of China on Ethereum, HK’s exchange red carpet: Asia Express
Hong Kong lays out welcome mat for exchanges, Korean crypto lender contagion, Do Kwon banged up abroad, Bank of China’s Ethereum debt note.
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Binance humilated, HK needs 100K crypto workers, China’s AI unicorn: Asia Express
Hong Kong needs 100K crypto people STAT, AliExpress’ NFT drop censored, Binance humiliated on China TV, AI unicorn grows in 100 days.
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Yuan stablecoin team arrested, WeChat’s new Bitcoin prices, HK crypto rules: Asia Express
Chinese RMB stablecoin issuer’s Shanghai office reportedly deserted after police raid, and WeChat offers Bitcoin prices — but for how long?
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Chinese TV’s crypto ‘bull run’ report censored, Multichain crisis: Asia Express
News of HK legalizing crypto exchanges censored by state media after just two days, meanwhile, Multichain token plunges after police arrest rumors.
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