Blockchain

Crypto exchange Coinbase warns of US$400 million hit from cyberattack

Hackers have paid multiple contractors and employees working in support roles outside the US to collect information, the company says.

16 May 2025 - 10:11AM

Digital currencies

Trump’s crypto ‘reset’ cheered by industry calling for more regulatory clarity

15 May 2025 - 12:44PMvideocam

Digital currencies

Bitcoin gains as crypto investors bet on positive US-China trade talks

7 May 2025 - 1:47PM

Digital currencies

Hong Kong ranks as second-most crypto-friendly city in the world in new index

The city is just behind Ljubljana, capital of Slovenia, in an evaluation based on factors such as regulation, taxes and wealth.

24 Apr 2025 - 5:00PMvideocam

An image of US President Donald Trump seen next to a bitcoin ATM in Hong Kong on April 9. Photo: AFP

Digital currencies

Hong Kong remains upbeat on Web3 amid crypto market turmoil from US tariffs

Officials again touted the strength of the local Web3 industry, while Binance founder CZ avoided the event despite recent activity in the city.

7 Apr 2025 - 8:30PM

Bitcoin, ether rout extends as tariff war pain batters cryptocurrency assets

Cryptocurrency investors appear to be in full ‘sell mode’, according BTC Markets analyst Charlie Sherry.

7 Apr 2025 - 2:31PM

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Hong Kong lawmaker calls for support of Web3 sector as Tron founder flags fraud

The call comes after cryptocurrency mogul Justin Sun denounced alleged ‘loopholes’ in Hong Kong’s trust regulations.

3 Apr 2025 - 9:30PM

Justin Sun, founder of the Tron blockchain, speaks at a press conference on Thursday in Tsim Sha Tsui, where he accused First Digital Trust of misappropriating funds of a stablecoin operator he has links to. Photo: Edmond So

Artificial intelligence

Hong Kong crypto firm HashKey jumps on AI bandwagon, joining Web3 players

HashKey’s first AI product is designed for content moderation, but it envisions a future of AI agents trading on blockchain on behalf of users.

3 Apr 2025 - 4:30PMvideocam

Bitcoin, other cryptocurrencies succumb to risk-asset slump amid Trump tariffs

For bitcoin, which fell as much as 4 per cent to about US$82,000 on Thursday, US$80,000 is a ‘must-hold’ level, cryptocurrency analysts say.

3 Apr 2025 - 4:16PM

US cryptocurrency exchange Coinbase sees worst quarter since FTX collapse

Nearly every major firm linked to cryptocurrencies were hammered this quarter, as concerns about the US economy weighed on digital assets.

1 Apr 2025 - 6:17PM

Shares of US cryptocurrency exchange Coinbase fell 31 per cent in its worst quarterly performance since FTX collapsed near the end of 2022. Photo: Shutterstock

Banking & finance

Hong Kong to get world’s first tokenised money-market ETFs from Bosera, HashKey

Bosera HKD Money Market ETF and USD Money Market ETF, which have been approved by the SFC, are set to launch in April.

28 Mar 2025 - 3:09PM

Tokenised money market ETFs are one of the use cases in the HKMA’s Project Ensemble sandbox. Photo: Shutterstock

Baidu doxxing: firm stresses user privacy after executive’s kid leaks data

The cloud storage provider has sought to restore public trust after a public outcry from a doxxing incident involving the child of a vice-president.

21 Mar 2025 - 7:00PM

Huawei-related chip equipment maker to debut products at Shanghai trade show

SiCarrier, a chip tool maker backed by the Shenzhen government, will launch new products at the three-day Semicon China exhibition.

21 Mar 2025 - 6:00PM

Most memecoins will end up ‘worthless’, Ark Investment CEO Cathie Wood says

Wood pointed out that some of these digital tokens will ‘withstand the judgment of time’, and Donald Trump’s memecoin may be one of them.

19 Mar 2025 - 2:56PM

Released in December 2013, the Dogecoin is considered the world’s first memecoin. Photo: Shutterstock

US-China relations

‘A geopolitical move’: Trump’s big bet on crypto raises questions for China

China has kept unregulated digital currencies at arm’s length, but the US is going all-in on crypto. Will this big bet give the US dollar new life?

12 Mar 2025 - 11:26AMvideocam

Illustration: Pearl Law

Bitcoin, ether stagger as US stock sell-off weighs on cryptocurrencies

The initial declines on Tuesday came after a sell-off in US equities, led by technology stocks, picked up steam.

11 Mar 2025 - 2:38PM

Ethereum co-founder Gavin Wood says Web3 is on track as finance firms move in

Wood’s newer project Polkadot is focused on scaling decentralised applications, with many developers coming from China.

26 Mar 2025 - 9:21PM

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Digital currencies

Hong Kong’s dollar peg seen as advantage amid stablecoin growth

Stablecoin transactions are now a fifth of all cryptocurrency transactions, and they make it easier to transact in US dollar-backed assets.

26 Mar 2025 - 9:32PM

As Hong Kong courts cryptocurrency business to the city, the local currency’s peg to the US dollar could be a standout advantage where stablecoins are concerned. Photo: Shutterstock

Digital currencies

Trump wants the US to be the world’s crypto capital. Will China take notice?

The global impact of Trump’s cryptocurrency reserve and a White House summit on the asset will be watched, analysts say.

9 Mar 2025 - 10:03PM

Bitcoin value dives as uncertainty grips global cryptocurrency market

Weighing on cryptocurrency prices was the Trump administration’s imposition of 25 per cent tariffs against Canada and Mexico.

4 Mar 2025 - 6:24PM

Bitcoin up after Trump names cryptocurrencies in strategic reserve

The world’s largest cryptocurrency is up by more than 20 per cent from the November lows.

3 Mar 2025 - 10:24AM

Bitcoin has soared following Trump’s announcement of a list of cryptocurrencies to be included in a new US strategic reserve. Photo: AFP

Hong Kong launches first retail tokenised money market fund in Web3 push

ChinaAMC’s Hong Kong dollar-denominated fund launched on the cryptocurrency exchange OSL and securities brokerage Solomon on Friday.

28 Feb 2025 - 5:00PM

ChinaAMC is offering the first tokenised money market fund to retail investors in Hong Kong. Photo: Shutterstock

Digital currencies

US securities regulator files to dismiss Coinbase lawsuit

A court has separately paused the SEC’s lawsuit against Binance after a joint request, citing implications of the agency’s new crypto task force.

28 Feb 2025 - 1:42PM

Research over riches: DeepSeek stays focused on AGI breakthroughs

DeepSeek is in no rush to conduct further fundraising or engage in new commercial activities, according to a source, instead focusing on achieving AGI.

27 Feb 2025 - 9:00AMvideocam

Bitcoin slides below US$90,000 as cryptocurrency sell-off hastens

Tumbling crypto prices mirror a broader retreat from risky assets, while sentiment has also soured following a hack targeting exchange Bybit.

26 Feb 2025 - 10:01AM

Bitcoin has retreated from a peak following the election of Donald Trump as US president. Photo: dpa

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