Hong Kong – Page 26

Coinbase handled trades and custody for Meitu’s $90M crypto investment

Meitu CFO Gary Ngan said the firm would have faced difficulties acquiring crypto on its own as a listed company.

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Asia’s MicroStrategy: Meitu drops another $50M on ETH and BTC

Chinese tech company Meitu has dropped another $50 million on ETh and BTC, taking its total holdings up to $90 million.

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The number of Bitcoin ATMs in the US rose 177% over the past year

Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020.

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Huobi secures crypto asset management license in Hong Kong

A Huobi subsidiary has been given the green light to operate a crypto investment fund by regulators in Hong Kong.

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Report: Asia’s Cryptocurrency Landscape the Most Active, Most Populous Region ‘Has an Outsize Role’

Recently, Messari Crypto Researcher, Mira Christanto published a report that looks into Asia’s cryptocurrency landscape in-depth, as 60% of the world’s population resides in the region. Christanto’s study shows that six out of the top ten largest cryptocurrency unicorns are located in Asia. Moreover, 98% of ethereum-based futures and 94% of bitcoin futures volumes stem […]

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Exchanges warn that Hong Kong’s crypto retail trader ban could backfire

Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong.

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Kenetic co-founder purchases .NFT domain extension for $84K

“The possibilities of the NFT domain are endless,” said Jehan Chu.

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Bitmain CEO announces departure in the most crypto way

“I have resigned from the CEO and Chairman of Bitmain as of today,” said Jihan Wu.

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While China’s CBDC sets the pace, the yuan stumbles in usage abroad

The past two years were much harder on the dollar, however.

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Robbers Take $450K From a Tether Trader During an In-Person Transaction in Hong Kong — Second Incident in 2021

Hong Kong police are investigating the second incident in the year involving an offline cryptocurrency transaction. A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) worth in tether (USDT) tokens. One of the Robbers Gained Female’s Trust by Performing Three Successful Transactions According to the South China […]

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