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Hong Kong’s Bitcoin and Ethereum ETFs launch with lower than expected trading volumes
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. дальше »
2024-4-30 14:04 | |
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Hong Kong’s Bitcoin and Ethereum ETFs Poised to Outshine US Counterparts on Launch Day
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. дальше »
2024-4-30 21:05 | |
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Crypto-Linked Money-Laundering Scheme Worth $230M Uncovered In Hong Kong
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. дальше »
2024-4-19 03:00 | |
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Hong Kong – Spot Bitcoin ETFs Approved
Hong Kong regulators have approved spot Bitcoin exchange-traded funds - with analysts predicting inflows of up to $500 million. дальше »
2024-4-19 15:00 | |
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Hong Kong’s Bitcoin, Ethereum ETFs projected to hit $1 billion in assets within two years
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. дальше »
2024-4-17 19:30 | |
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Hong Kong’s New Bitcoin, Ethereum ETFs Will Be ‘Lucky’ To Attract $500 Million Inflows, Expert Says
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. дальше »
2024-4-17 16:03 | |
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Hong Kong’s largest futures Bitcoin ETF surges 500% in AUM
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… дальше »
2024-2-29 13:49 | |
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Beware of This New Crypto Scam: Finance Expert Loses $2.1 Million
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. дальше »
2024-2-22 19:00 | |
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Hong Kong looks to legalise retail crypto trading: report
Cryptocurrency news out of Hong Kong indicate that market regulators in the city of over 7 million people are looking to legalise crypto trading for retail investors. The efforts are part of Hong Kong’s target of tapping into the crypto sectors’ growth in the region to position the city as a global crypto hub. дальше »
2022-10-29 17:30 | |
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Hong Kong’s C Capital Bets on Market Bottoming out With $500M Investment
A financial service provider co-founded by Hong Kong real estate tycoon Adrian Cheng said it is raising $500 million to invest in blockchain assets, credit and private-equity over the next 18 months. дальше »
2022-9-21 16:00 | |
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Embattled exchange CoinFLEX sues Roger Ver for $84 million
Troubled crypto exchange CoinFLEX confirmed it had filed legal action in Hong Kong to recover $84 million from Bitcoin Cash (BCH) proponent Roger Ver. The post Embattled exchange CoinFLEX sues Roger Ver for $84 million appeared first on CryptoSlate. дальше »
2022-7-12 18:45 | |
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HKD.com And Technicorum Holdings Confirm M&A To Create $100 Million Valuation Company In Singapore
SINGAPORE – JULY 4, 2022 – Hong Kong Digital Asset Exchange Limited (HKD. com), a prominent digital asset exchange in Hong Kong, has signed a combined strategic collaboration and merger and acquisition with Technicorum Holdings (www. дальше »
2022-7-4 16:30 | |
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Huobi Global’s Former Employee Accused of Insider Trading
According to a Financial Times report, a former senior manager in Huobi’s institutional client's department, Chen Boliang, made $5 million trading against a company account. The accused is being prosecuted in Hong Kong. дальше »
2022-6-23 21:00 | |
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Asia-based crypto custodian Hex Trust raises USD $88M in Series B
Hex Trust, an Asia-based digital asset custodian licensed in Hong Kong and Singapore with over USD $5 billion in assets under custody, has announced the close of its Series B funding round of USD $88 million. дальше »
2022-3-16 05:15 | |
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Hong Kong: over $380 million laundered using crypto exchange, 2 arrested
China and Hong Kong might be close in terms of their geographical distance. But the ways in which the two administrations regulate crypto are drastically different. A recent case was a perfect exampleThe post Hong Kong: over $380 million laundered using crypto exchange, 2 arrested appeared first on AMBCrypto. дальше »
2021-12-29 21:30 | |
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DEX aggregator 1inch closes $175 million funding round, wants to 'open doors to DeFi'
DEX aggregator 1inch Network closed a $175 million Series B round of funding, as per reports. With that, the liquidity sourcing business is now valued at a massive $2.25 billion. Hong Kong-based AmberThe post DEX aggregator 1inch closes $175 million funding round, wants to 'open doors to DeFi' appeared first on AMBCrypto. дальше »
2021-12-2 19:30 | |
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Hong Kong VC firm, backed by Winklevoss twins, seeks $300 million for new crypto fund
Hong Kong has been one of the significant financial centers in the world. And as the world of crypto has been developing, the country has seen a growing population of crypto enthusiasts. To serve thesThe post Hong Kong VC firm, backed by Winklevoss twins, seeks $300 million for new crypto fund appeared first on AMBCrypto. дальше »
2021-10-29 13:03 | |
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Crypto.Com Expands Total Insurance Coverage To $750 Million For Its Storage Assets On Ledger Vault
Hong Kong-based crypto exchange Crypto.com announced on Monday that it had scaled up its total Insurance coverage against the loss of its crypto assets held on the Ledger Vault to $750 Million. In an official communication seen by ZycCypto, this expansion is in addition to a similar insurance coverage led by Arch’s underwriting at Lloyd’s Syndicate […] дальше »
2021-9-21 23:00 | |
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FTX Crypto Exchange Raises $900 in Latest Funding Round at $18 Billion Market Valuation
One of the largest crypto exchanges by reported trading volume, FTX today announced it had raised $900 million in Series B funding round. FTX Raises a Whopping $900 Million FTX, a Hong Kong-based crypto exchange that has been dominating the headlines in the crypto industry of late today closed its Series B funding round wherebyRead More дальше »
2021-7-21 09:00 | |
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Hong Kong Busts Money Laundering Ring Using Tether to Wash Millions
Authorities in Hong Kong have arrested four people suspected of money laundering a total of $155 million through cryptocurrency wallets and bank accounts. The city’s customs agency said this was its first case in which virtual money had been used to launder dirty cash. дальше »
2021-7-16 10:30 | |
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Publicly-listed company loses $17 million on Bitcoin. Makes $14 million on Ethereum instead
Meitu, a software tech company based in Hong Kong, has said that it recorded a loss of $17. 3 million on its Bitcoin portfolios, while in contrast, it recorded a $14. 7 million gain on its Ethereum investment. дальше »
2021-7-8 19:00 | |
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HashKey Unveils $10 Million Liquidity Investment in Harmony’s (ONE) DeFi, NFT Ecosystems
Hong Kong-based blockchain VC, HashKey, has revealed the injection of $10 million worth of liquidity to Ethereum-scalability and cross-chain protocol Harmony. A Significant Investment HashKey revealed this significant investment in a press release today in which it highlighted its commitment to the development of the Harmony ecosystem. The blockchain fund was one of the keyRead More дальше »
2021-6-30 00:16 | |
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Sotheby’s Auctioning Rare Diamond Worth $15 Million, Cryptocurrencies Accepted
Sotheby’s, the world’s largest auction house, is auctioning a rare, 101.38-carat flawless diamond estimated to be worth $15 million, and cryptocurrencies are accepted. Biggest Auction House Accepts Cryptocurrencies Sotheby’s announced Monday that it is auctioning a rare, pear-shaped diamond on July 9 in Hong Kong that can be purchased with cryptocurrency. Established in 1744, Sotheby’s […] дальше »
2021-6-22 12:30 | |
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China’s BSN Developer Raises $30 Million Series A Round to Boost Global Market Presence
Announced on Wednesday, China’s Blockchain Service Network (BSN) developer, Red Date, has raised $30 million in a Series A funding round led by Hong Kong crypto-focused firm, Kenetic. The funding aims to enhance development on the network, increase its team members and boost market adoption across the globe, a statement read. дальше »
2021-6-11 21:35 | |
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Flare Network Raises $11 Million in Funding to Bring Smart Contracts to All Blockchains
Decentralized finance protocol Flare raised $11.3 million in another funding round supported by heavyweights in the crypto industry. Launched at the tail end of 2020, Flare, a Turing complete Federated Byzantine Agreement-based (FBA) network, announced Hong Kong-based firm Kenetic Capital led the round, including top venture capital firms such as Digital Currency Group (DCG) and […] The post Flare Network Raises Million in Funding to Bring Smart Contracts to All Blockchains first appeared on BitcoinExchangeGuide. дальше »
2021-6-9 22:45 | |
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Hong Kong Announces Proposal to Ban Retail Crypto Trading
If the proposed act passes into law, crypto trading will only be available to professionals with $1 million in their investment portfolio. The post Hong Kong Announces Proposal to Ban Retail Crypto Trading appeared first on BeInCrypto. дальше »
2021-5-22 22:35 | |
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HKD, SDG, GBP Are Top Three Fiats Deposited on AAX in April
Singapore, April 13, 2021 — After the 2021 easter holiday, AAX recorded the highest amount of fiat deposits into the exchange with a total of over $10 million in 10 days. The top three currencies are Hong Kong Dollar, Singapore Dollar, and Great Britain Pound. дальше »
2021-4-14 18:48 | |
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Meitu now Holds $100 Million in BTC and Ether after Latest Bitcoin Purchase
Hong Kong app-production firm Meitu has revealed that it holds $100 million worth of cryptocurrencies in its portfolio. This was revealed in a disclosure filing on Thursday with the Hong Kong Stock exchange. дальше »
2021-4-10 01:00 | |
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Chinese Public Company Meitu Buys More Bitcoin — Treasury Now Holds $90 Million in Cryptocurrencies
One of China’s top internet app makers, Meitu Inc. , has purchased more bitcoin for its treasury. The company now holds about $90 million in cryptocurrencies. Meitu is listed on the Hong Kong stock exchange and its flagship app has more than 1 billion users worldwide. дальше »
2021-3-19 03:30 | |
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Hong Kong-based crypto-exchange could be FC Barcelona's t-shirt sponsors
A Hong Kong-based cryptocurrency exchange could be Futbol Club Barcelona's next shirt sponsor. According to a report by La Vanguardia, the deal could be worth over 60 million Euros a year, a figure thThe post Hong Kong-based crypto-exchange could be FC Barcelona's t-shirt sponsors appeared first on AMBCrypto. дальше »
2021-3-5 14:10 | |
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Crypto.com Capital Rolls Out $200 Million Fund to Help Crypto-based Startups Grow
In an official announcement on Thursday, the firm stated that it would invest the $200 million in the seed as well as series A phases of emerging firms within the crypto industry. The Hong Kong-headquartered firms stated that the aim of the investment fund would be to enhance the growth of promising startups and the […] The post Crypto. дальше »
2021-3-5 19:30 | |
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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. дальше »
2021-1-22 21:15 | |
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Robbers steal $500,000 in cash from crypto trader in Hong Kong
Four unidentified men stole more than 3.5 million yuan ($500,000) from a cryptocurrency trader in Kwun Tong, Hong Kong on 18 January. According to local news site Apple Daily, the robbers, who are The post Robbers steal $500,000 in cash from crypto trader in Hong Kong appeared first on AMBCrypto. дальше »
2021-1-19 01:30 | |
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Alameda Research leads $50M funding for embedded crypto ecosystem on Maps.me
A new funding round led by Hong Kong-based crypto investment firm Alameda Research has raised $50 million to create a decentralized finance (DeFi) ecosystem on Maps. me, a leading offline mapping application. дальше »
2021-1-19 13:46 | |
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Diginex $38 Million Private Placement Offering to Boost Investments in Its Digital Assets
Recently, Diginex Limited publicized its plans to offer a sum of $38. 60 million worth of their shares. The Hong Kong-based company has made arrangements with specified institutional investors to raise the proceeds in private placements. дальше »
2021-1-13 08:00 | |
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Bitcoin Trader Robbed During an In-Person Transaction, Kicked Out of Car in Hong Kong
An unnamed 37-year-old man was a victim of a theft from a gang of robbers who fled with 15 bitcoin (BTC), worth HKD 3 million ($387,000) in cash. They had agreed to meet in person for a crypto exchange transaction. дальше »
2021-1-7 09:30 | |
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Holiday season with Crypto.com means you can earn crypto even as you spend it
The global cryptocurrency exchange Crypto. com is headquartered in Hong Kong and surpassed 5 million users in the month of October, an impressive growth within the span of twelve months. It supports thThe post Holiday season with Crypto. дальше »
2020-12-11 17:30 | |
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Equos Parent Company, Diginex, Raises $20M Ahead of Planned Nasdaq Listing Later This Month
Diginex, the Hong Kong-based parent company of the cryptocurrency exchange Equos has raised $20 million ahead of its panning listing on the Nasdaq stock market later this month. The funding was raised from a group of private investors through the placement of convertible notes, including family offices in Hong Kong and London, and a hedge […] The post Equos Parent Company, Diginex, Raises M Ahead of Planned Nasdaq Listing Later This Month first appeared on BitcoinExchangeGuide. дальше »
2020-9-10 21:53 | |
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Australian Conman Peter Foster Arrested For Bitcoin Fraud
A noted master scammer and serial con artist Peter Foster has been arrested for multiple money laundering charges, including the theft of $1. 73 million worth of bitcoins. Foster stole the said amount of bitcoins from a Hong Kong businessman named Konstantinos Stylianopoulos. дальше »
2020-8-26 00:24 | |
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Cardano Developer IOHK Kicks Off Shelley Virtual Summit By Unveiling Huge Plans For The Cardano Ecosystem
Cardano’s parent company Input Output Hong Kong (IOHK) kicked off the first day of the Shelley virtual summit on July 2 by announcing the launch of a $20 million fund amid the ongoing transition to Shelley era. дальше »
2020-7-6 20:13 | |
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Crypto.com is celebrating its 4th anniversary and giving away Bitcoin at a 50% discount
Crypto dot com is offering discounted Bitcoin for a limited number of users of June 30, as part of the firm’s fourth-anniversary celebrations. BTC at 50% off Called the “Syndicate Anniversary Special,” the Hong Kong-based crypto giant has a $2 million allocation for the first 25,000 users placing a “subscription” on the exchange. дальше »
2020-7-1 13:00 | |
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Hong Kong: SFC Approves Bitcoin (BTC) Fund Geared Toward Institutional Investors
According to a Bloomberg report published on April 19, 2020, Hong Kong-based Venture Smart Asia Ltd. Has launched the country’s first approved cryptocurrency fund that targets a first-year size of $100 million. дальше »
2020-4-21 13:00 | |
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Government to Airdrop $9 Billion in Free Money to 7 Million Hong Kong Residents
The government of Hong Kong has decided to airdrop about $9 billion in free money to an estimated 7 million residents in the troubled Chinese territory. From a global perspective, this can be seen as a desperate move to stimulate the local economy while the coronavirus outbreak is hitting markets hard all around the world. дальше »
2020-2-28 06:25 | |
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