2024-4-30 13:55 |
Hong Kong's new spot Bitcoin ETFs saw only $8.5 million volume on opening day.
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Hong Kong’s debut of Bitcoin and Ethereum exchange-traded funds (ETFs) commenced with modest trading volumes, tallying up to 87. 58 million HKD, equivalent to $11. 19 million, based on Hong Kong Stock Exchange data.
2024-4-30 14:04 | |
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In an exclusive report, Wu Blockchain has revealed that the issuer of the upcoming Hong Kong Bitcoin and Ethereum spot ETFs expects them to launch with a bang tomorrow. The anticipated issuance scale of these ETFs is projected to reach $200 million to $300 million on their first day of trading.
2024-4-30 21:05 | |
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According to a South China Morning Post report, Hong Kong customs officers have apprehended three individuals in connection with a massive HK$1. 8 billion ($228 million) money-laundering operation that exploited a crypto platform and bank accounts associated with shell companies.
2024-4-19 03:00 | |
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Hong Kong regulators have approved spot Bitcoin exchange-traded funds - with analysts predicting inflows of up to $500 million.
2024-4-19 15:00 | |
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Bloomberg analysts have revised previous inflow predictions for Hong Kong’s newly approved Bitcoin and Ethereum exchange-traded funds (ETFs) to $1 billion within the first two years. Bloomberg senior ETF analyst Eric Balchunas had previously estimated the funds to garner roughly $500 million in inflows over a similar period due to doubts over Chinese investor eligibility […] The post Hong Kong’s Bitcoin, Ethereum ETFs projected to hit $1 billion in assets within two years appeared first on CryptoSlate.
2024-4-17 19:30 | |
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Bloomberg’s senior ETF analyst Eric Balchunas has thrown cold water on the excitement surrounding the new spot crypto products after suggesting they are not as big of a deal as some crypto enthusiasts may think.
2024-4-17 16:03 | |
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The assets under management of Hong Kong’s largest futures Bitcoin exchange-traded fund (ETF) have soared by 500%, reaching the $100 million mark since October 2023. Hong Kong-based capital market firm CSOP Asset Management revealed in an interview with Reuters that…
2024-2-29 13:49 | |
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In a sophisticated crypto scam, a Hong Kong finance manager was deceived into transferring over $2. 1 million into a sham trading platform, highlighting the perilous landscape of online investment frauds.
2024-2-22 19:00 | |
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HashKey Group, a digital assets financial services firm and operator Hong Kong-licensed HashKey Exchange, has announced a $100 million raise in its series A funding round. According to the company, the financing round was at a pre-money valuation of more than $1.
2024-1-17 22:42 | |
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Bitrue, established in 2018, is a global top-10 cryptocurrency trading platform. As of now, the platform serves over 10 million users worldwide, spanning across 100 countries and regions, including Europe, Japan, South Korea, SEA, Hong Kong, Taiwan, etc.
2024-1-4 17:28 | |
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The recent JPEX and Hounax exchange scandals have resulted in losses exceeding $100 million.
2023-11-28 18:42 | |
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The Hong Kong Police have initiated an inquiry into Hounax, a cryptocurrency trading platform, following numerous complaints totaling $15. 4 million in reported scams, the South China Morning Post reported on Nov.
2023-11-28 17:59 | |
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A wallet linked to Hong Kong-based crypto exchange Hashkey has reportedly sold over $90 million worth of Ethereum in the past 10 days. This massive selling activity appears to have triggered a slight decline in the ETH market, sparking speculations on the token’s price trajectory.
2023-11-19 19:40 | |
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Zodia Custody, the institutional crypto security and custody firm co-owned by Standard Chartered, Japanese SBI Holdings, and Northern Trust, has launched its services in Hong Kong. Founded in 2020 and headquartered in London, Zodia has recently closed its Series A funding round led by Japanese SBI Holdings with an inflow of $36 million. Its primary […]
2023-11-19 20:57 | |
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Boyaa Interactive unveiled plans this week to potentially buy up to $100 million worth of cryptocurrencies, mostly bitcoin [BTC] and ether [ETH] within a year.
2023-11-16 20:07 | |
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BGX Group will invest 710 million HK in BC Technology Group, the parent company of Hong Kong’s first licensed crypto exchange, OSL.
2023-11-15 00:35 | |
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The company anticipates dispatching a circular to shareholders by November 30, detailing the proposed acquisition.
2023-11-14 18:27 | |
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BGX, the company that runs BitgetX in Hong Kong, has agreed a $90 million investment in BC Technology. BC Technology is the parent company of OSL, a publicly listed crypto exchange trading on the Hong Kong Stock Exchange.
2023-11-15 18:22 | |
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BC Technology Group, the operator of Hong Kong’s publicly listed crypto exchange OSL, has raised $90 million in subscriptions for new shares from BGX.
2023-11-15 14:25 | |
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Boyaa Interactive, a prominent Hong Kong-listed company and a major player in China’s board and card game industry, has announced plans to invest up to $100 million in cryptocurrencies, specifically Bitcoin (BTC) and Ethereum (ETH) over the next 12 months.
2023-11-14 11:00 | |
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HK, HONG KONG, November 1st, 2023, Chainwire Molecular Future (MOF), a leading digital asset investment service, invites the world to revisit its dynamic journey in the cryptocurrency sphere. Recent events, notably its delisting from the OKEX (OKX) exchange, have spurred the organization to offer a comprehensive analysis of its path, encompassing the intricate capital operations […] The post Molecular Future (MOF) Showcasing Remarkable Journey: From a $20 Million Milestone to Conquering Challenges appeared first on CaptainAltcoin.
2023-11-1 15:27 | |
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Within the vast terrain of Asia’s crypto exchanges, OSL, operating under the aegis of Hong Kong’s BC Technology Group Ltd. , has proved to be a standout, primarily because of its regulatory adherence.
2023-10-17 22:00 | |
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Hong Kong’s iFinex Inc. , the parent company of cryptocurrency exchange Bitfinex, has proposed a $150 million share buyback, Bloomberg News reported Oct. 10. The move is seen as an effort to consolidate its private operations amidst increasing regulatory oversight in the cryptocurrency industry.
2023-10-11 05:00 | |
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Hong Kong police have cautioned residents about scammers posing as Binance and sending phishing texts. Over the past two weeks, authorities have recorded 11 cases, amounting to HK$3.5 million in reported losses. A local news report dated Oct. 9 calls…
2023-10-9 17:08 | |
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CMCC Global, a pro-crypto venture capital firm, has launched a $100 million fund to support blockchain start-ups in Hong Kong and across Asia
2023-10-5 14:32 | |
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The lead investor in the fund was B1, which committed $50 million, alongside Richard Li’s Pacific Century Group, Tyler and Cameron Winklevoss’ firm and Animoca Brands founder Yat Siu.
2023-10-4 18:27 | |
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Billions of Shiba Inu (SHIB) worth almost half million dollars on move by Hong Kong crypto start-up Mixin Network after $200 million hack
2023-9-28 12:40 | |
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Approximately $11 million worth of cash and assets related to the JPEX crypto exchange scam has been retrieved
2023-9-28 17:55 | |
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As invezz. com reported, Hong Kong-based crypto firm Mixing Network suffered a massive hack that saw it lose $200 million in assets. The security breach forced the platform to temporarily suspend services as Google & blockchain security firm SlowMist assisted in investigations.
2023-9-28 12:02 | |
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Mixin Network, Hong Kong-based decentralized L1, halts deposits and withdrawals due to attack on 'cloud provider'
2023-9-25 15:55 | |
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FTX has filed a legal action to recover $157. 3 million from the former employees of its Hong Kong affiliate, Salameda, according to a Sept. 21 court filing. The insolvent exchange named former Salameda staffers Michael Burgess, Lesley Burgess, Kevin Nguyen, Darren Wong, and Matthew Burgess as the defendants.
2023-9-22 15:00 | |
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Bankrupt crypto exchange FTX has opened a lawsuit against former employees of its Hong Kong affiliate company, Salameda, to recover $157.3 million.
2023-9-22 12:42 | |
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The bankrupt crypto exchange has sued former employees of Salameda, a Hong Kong-incorporated affiliate, to recover about $157.3 million.
2023-9-22 11:00 | |
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On 13 September, Hong Kong's regulator warned JPEX was operating without regulatory approval Local police have received at least 83 complaints involving $4.3 million Since Hong Kong's regulaThe post JPEX in disarray after Hong Kong's regulators initiate probe appeared first on AMBCrypto.
2023-9-18 15:00 | |
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Animoca Brands, a Hong Kong-based entertainment company, has announced that it has secured $20 million in funding for its latest project, Mocaverse. Mocaverse is a web3 platform that leverages blockchain, NFTs, and AI technologies for the gaming, culture, and entertainment…
2023-9-11 13:00 | |
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Police in hong kong have taken down a $65 million money laundering network that moved funds through bank accounts, cash exchanges and crypto trades. The post Hong Kong Police Take Down $65 Million Triad Money Laundering Operation appeared first on BeInCrypto.
2023-8-27 19:15 | |
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A successful $100 million tokenized green bond issuance earlier this year has convinced the Hong Kong Monetary Authority to continue exploring tokenization to improve financial markets.
2023-8-25 15:18 | |
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Li Lin, the founder of the Huobi crypto exchange, is believed to own a $128 million mansion in Hong Kong. Li Lin, founder of the Huobi crypto exchange, reportedly purchased a $128 million mansion in Hong Kong. This acquisition comes…
2023-8-16 13:08 | |
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The city’s new licensing regime paves the way for exchanges to operate legally but tough compliance requirements could cost firms as much as $20 million, industry insiders say.
2023-8-4 15:14 | |
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Hong Kong, China, June 28th, 2023, Chainwire DWF Labs, the global digital asset market maker, and multi-stage Web3 investment firm, has further strengthened its commitment to support the growth of Conflux, the tree-graph consensus algorithm Layer-1 blockchain.
2023-6-28 09:52 | |
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VASP expenditures are varying between 20 million to 200 million Hong Kong dollars as firms scramble to find Web3 talent for licensing.
2023-6-27 18:30 | |
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Tether Holdings Limited, the Hong Kong-based company and the issuer of USDT, the world's largest stablecoin by circulating supply, has frozen an account holding over $4.1 million of the token on Ethereum.
2023-6-20 20:30 | |
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New York Halts Operations of CoinEx Exchange, Seizes $1. 7 Million in Crypto Assets The Hong Kong-based cryptocurrency exchange, CoinEx, has been ordered to cease all activities in New York by Attorney General Letitia James.
2023-6-17 18:30 | |
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Attorney General Letitia James has issued a ban on CoinEx, a Hong Kong-based cryptocurrency exchange, prohibiting its operations within the state of New York. The ban follows an announcement on June 15 revealing that the exchange’s funds, totaling over $1.
2023-6-16 03:00 | |
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BOCI, the investment banking subsidiary of the Bank of China, has successfully launched tokenized structured notes valued at 200 million offshore renminbi ($28 million) on the Ethereum blockchain.
2023-6-12 21:14 | |
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Earlier this year KuCoin closed a $10 million funding round into CNHC.
2023-6-1 14:50 | |
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The firm has so far received $20 million out of its $100 million target for the fund.
2023-5-26 16:15 | |
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Crypto exchange Gate Group launched a trading platform in Hong Kong. The group announced its plans to establish in Hong Kong in February after the government allocated $6.4 million to Web3 actiThe post Gate Group penetrates Hong Kong market with new crypto trading platform appeared first on AMBCrypto.
2023-5-25 12:30 | |
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A crypto scammer stole around $15 million worth of cryptocurrencies after cloning the user interface of HitBTC, a popular Hong Kong-based crypto exchange.
2023-5-16 00:46 | |
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Hong Kong's Stock Exchange to launch Asia's first inverse Bitcoin ETF tomorrow, providing a new tool for traders to hedge risk and speculate on Bitcoin's volatility.
A Hong Kong-based blockchain investment firm is planning to take up a position in the cannabis market as a way of diversifying its Bitcoin investment portfolio. Diversifying with Cannabis According to the South China Morning Post (SCMP), the Hong Kong-listed Grandshores Technology plans to take up investment positions in cannabis stocks.
The IPO dreams of Bitcoin mining equipment giant Bitmain are over, at least for now, as its listing application which was filed on September 26, 2018 has reached the six-month expiration date. Without giving a specific date Bitmain, however, said in a blog post that it will reapply at a future date.
Bitcoin mining equipment maker, Canaan Creative, on Thursday (November 15, 2018) allowed its Initial Public Offering (IPO) filing to elapse. Reports suggest that the company will shelve its IPO plans at least for the remainder of the year.
The Hong Kong Stock Exchange has teamed up with DLT startup Digital Asset to develop a blockchain platform for post-trade processing.