Hong Kong cryptocurrency custodian Hex Trust eyes profit, fresh funding in 2024
After cutting costs by about 20 per cent throughout 2023, Hex Trust sees the cryptocurrency market’s revival ‘directly translating into profitability’ for the company.
China’s cryptocurrency investors made gains of US$1 billion in 2023
Mainland cryptocurrency investors made US$1.15 billion in 2023 to rank fourth behind those in the US, the UK and Vietnam, according to a Chainalysis survey.
Mainland cryptocurrency investors made US$1.15 billion in 2023 to rank fourth behind those in the US, the UK and Vietnam, according to a Chainalysis survey.
Hong Kong securities watchdog places major crypto exchange Bybit on alert list
The Securities and Futures Commission has warned investors about trading on Bybit, which is under scrutiny for offering suspicious virtual-asset products in Hong Kong.
The Securities and Futures Commission has warned investors about trading on Bybit, which is under scrutiny for offering suspicious virtual-asset products in Hong Kong.
Fine in Italy, security review in Canada add to TikTok’s woes
Italian regulators have fined TikTok nearly US$11 million for failing to protect children, while the Canadian government is reviewing TikTok’s expansion plan for national security risks.
Italian regulators have fined TikTok nearly US$11 million for failing to protect children, while the Canadian government is reviewing TikTok’s expansion plan for national security risks.
Hong Kong snags another blockchain conference amid crypto hub push
Chainlink will host its annual SmartCon in Hong Kong this October, an announcement that comes after CoinDesk said it is bringing Consensus to the city next year.
Chainlink will host its annual SmartCon in Hong Kong this October, an announcement that comes after CoinDesk said it is bringing Consensus to the city next year.
Opinion
US presidential candidates lack consistent attitude towards TikTok as legislation that would ban the app passes the House of Representatives. Amid widening technology gap, US must reflect on why an algorithm developed in China gained prominence within the American market.
The concept of ‘new productive forces’ shows that China’s top leadership has realised that the traditional model of relying on debt-fuelled investment to drive growth has reached its limit.