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Hong Kong to be digital assets regulatory sandbox for China, says former SFC regulator
New rules for ‘Virtual Asset Trading Platform Operators’, aka crypto exchanges, kick in on June 1, 2023 in Hong Kong. The guidelines will allow...
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Bitcoin, Ether in red, XRP lone gainer in top 10
Bitcoin and Ether fell during Wednesday afternoon trading hours in Hong Kong, along with the majority of the top 10 non-stablecoin...
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Tether stablecoin issuer taps Uruguay for Bitcoin mining using renewable energy
Tether, the issuer of the world’s most traded stablecoin, will invest in power generation and Bitcoin mining operations in Uruguay to tap the...
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Bitcoin, Ether flat; XRP jumps; U.S. equity futures mixed ahead of debt ceiling vote
Bitcoin traded flat on Wednesday morning in Asia, after briefly breaching the US$28,000 level on Tuesday night. Ether dipped below the US$1,900...
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The Flippenings: Bear to Bull Market and Ethereum NFTs to Bitcoin Ordinals
Change is in the air. Crypto and non-fungible tokens (NFT) have been in a pretty brutal bear market for almost exactly a year now, which...
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Ethereum NFTs now transferable to Bitcoin
A trio of key players in the Bitcoin non-fungible tokens (NFT) ecosystem have rolled out the BRC-721E token standard on Monday, a feature that...
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XRP edges Bitcoin, Ether with Tuesday’s largest gains
Bitcoin and Ether inched up during Tuesday afternoon trading hours in Hong Kong, while the rest of the top 10 non-stablecoin cryptocurrencies by...
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U.S. congressman says crypto mining tax scrapped in debt ceiling deal
A proposed tax on electricity used by cryptocurrency miners in the U.S. has been scrapped in the deal between U.S. President Joe Biden and House...
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Bitcoin, Ether dip; XRP rises; U.S. equity futures gain as debt ceiling worries fade
Bitcoin fell in Tuesday morning trading in Asia, giving up a portion of Monday’s gains on what looked like profit taking. Ether and most other top...
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Hong Kong Web3 industry forms new associations to push crypto hub ambition
Leaders in Hong Kong’s Web3 industry announced the formation of two new associations, Hong Kong Licensed Virtual Assets Association (HKLVAA) and...
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Bitcoin drops below US$28,000, Tron’s deflation slows losses
Bitcoin, the world’s largest cryptocurrency by market capitalization, dropped below US$28,000 on Monday afternoon in Hong Kong after breaching the...
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Why are so many VCs and startups flocking back to banks?
Just as venture capitalists and startups tried to withdraw funds en masse from Silicon Valley Bank, a considerable number are already clamoring...
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Beijing releases Web3 white paper, highlights challenges in talent, rules
Beijing’s local government on Saturday released a white paper outlining plans and challenges for development of the city’s Web 3.0 industry,...
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Bitcoin back above US$28,000 as cryptos rebound on US debt ceiling talks
Bitcoin moved back above US$28,000 in Monday morning trading in Asia, leading a rally among all top 10 non-stablecoin cryptocurrencies. Ethereum...
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Bitcoin and Ethereum: Two titans battle for NFT supremacy
This past weekend, two major cryptocurrency/non-fungible tokens events happened, Veecon Indianapolis 2023 and the BTC Miami/Ordinals Conference...