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Hong Kong-based bitcoin exchange Gatecoin has said it is shutting down citing financial difficulty. The exchange suffered a $2 million hack in 2016 and hasn’t been able to recover the funds. However, Gatecoin blames a registered French payment service provider for paralyzing its operations. The payments company allegedly duped the exchange out of an unspecified … Read more
Hong Kong-based exchange Gatecoin, which was hacked in 2016, has officially received a court liquidation order, the company reported Go to Source Powered by WPeMatico
The University of Hong Kong has signed a memorandum of cooperation with the Tencent Financial Academy to foster fintech research Go to Source Powered by WPeMatico
In this edition of The Daily, the creator of the in-browser crypto mining software Coinhive is closing down due to the low prices of monero and its forks. Also, $7.7 million of Eos has been stolen by a hacker and the crypto entrepreneur behind the money-throwing stunt in Hong Kong last year has been arrested … Read more
An alleged Bitcoin millionaire, who was reportedly involved in “making it rain cash” on the streets of Hong Kong, is now reportedly accused of mining-related fraud Go to Source Powered by WPeMatico
Big Four audit and consultancy firm PwC Hong Kong has published guidance for financially distressed or insolvent businesses in the crypto sector Go to Source Powered by WPeMatico
Hong Kong-based blockchain-focused hedge fund MaiCapital has appointed former Goldman Sachs executive Marco Lim as a managing partner at the company Go to Source Powered by WPeMatico
LendaBit.com, one of the fastest-growing P2P lending platforms, is pleased to announce the launch of a new special service campaign aimed at further loan liberalization for unverified platform users. From now on, all registered platform users are able to take crypto loans up to 300 USDT on a daily basis, where the borrowing fee accounts … Read more
Hong Kong-based cryptocurrency exchange Coinsuper is reportedly shifting its focus from retail traders to institutional investors. This is the latest example of how regulations and trading volumes moving to OTC platforms are impacting the business strategies of crypto exchanges. Also Read: University of Michigan Endowment Backs Crypto Venture Capital Fund Coinsuper Exchange Pivots Focus Coinsuper, … Read more
Malta-based major crypto exchange OKEx has added four new pairs to its margin trading platform Go to Source Powered by WPeMatico