#HONGKONG News

Dogizen Launch Imminent, Challenging Hamster Kombat and Catizen

cryptopotato.com [PRESS RELEASE – Hong Kong, HK, July 26th, 2024] 2024 started with explosive growth in games like Hamster Kombat, breaking Guiness world record milestones, and Catizen,…

UK hacker jailed over $900K Coinbase login scam

protos.com A UK hacker behind a Coinbase login scam that used dummy websites and sob stories to steal more than $900,000 worth of crypto has been jailed for three-and-a-half years. As…

TALON Partners With XP.GG

decrypt.co Talon will expose millions of gamers to getting rewarded for getting good at the games they love Perion Labs and TALON announce their partnership for Perion’s current…

Animoca Brands’ co-founder defends token launch amid potential IPO

dlnews.com It’s rare for a public company in crypto to launch a token. Coinbase, Marathon Digital, Galaxy Digital, and others have all shied away from the move. But, Yat Siu,…

In harsh year for NFTs one group of ‘Made Mutants’ still believe in Yuga Labs’ future

dlnews.com At a time when NFTs are moribund, it takes commitment to stay true to collections such as Bored Ape Yacht Club and Mutant Ape Yacht Club. To join the Mutant Cartel you have…

MEET48 “2024 GIPR2” Voting Event Final Results on August 3rd, Ranking Top on DappBay and DappRadar

cryptopotato.com [PRESS RELEASE – Singapore, Singapore, July 26th, 2024] Recently, the “2024 GIPR2” voting event Dapp of MEET48, a metaverse virtual community based on an AI and WEB3.0…

Interpol issues red notices for two Hong Kong crypto influencers as JPEX case heats up

dlnews.com In a move that escalates the probe into one of Hong Kong’s most notorious rogue crypto exchanges, Interpol, the international police agency, issued two red notices on…

Bitcoin ATM installations are approaching 2022’s record high, driven by recent surge in BTC price

coinjournal.net Coin ATM Radar data shows that the global crypto ATMs market is on the cusp of surpassing the peak of 2022. The USA leads with over 32,000 installations, while Canada is…

Social Infrastructure OpenSocial Protocol receives $6 million strategic backing led by Framework Ventures and North Island Ventures to fuel community apps

coinjournal.net Hong Kong, Hong Kong, July 25th, 2024, Chainwire The ‘Web3 Shopify of Social’ hits 30,000 onchain users in 2 weeks as the first app goes live OpenSocial Protocol, a…

Crypto’s New Epicenter: Asia’s Rising Influence

coinpedia.org The post Crypto’s New Epicenter: Asia’s Rising Influence appeared first on Coinpedia Fintech News Actions by US regulators throughout 2023 that tend to be unfriendly to the…

Broad Lister Cryptoexchange Gate.io, Gives Up On Compliance Heavy Japan

observers.com Gate.io, one of the world’s leading crypto exchanges by trading volume and number of listed coins, decided to end its services in Japan. The exchange explained the decision…

Interpol Issues Red Notice for Hong Kong Crypto Promoter 'Coin Young Master'

decrypt.co The International Criminal Police Organization (Interpol) has issued red notices for two Hong Kong crypto promoters. Per South China Morning Post, Wong Ching-kit, known as…

Cronos Labs-Backed Nexabot AI Launches AI-powered Crypto Trading Telegram Bot

cryptopotato.com [PRESS RELEASE – Hong Kong, Hong Kong, July 25th, 2024] Nexabot AI, the leading developer of crypto tools based on Artificial Intelligence, has announced the launch of an…

Ethereum ETFs Are Trading

decrypt.co Ethereum spot exchange traded funds (ETFs) are trading in the US, but you might not guess it from looking at the price. In fact, ETH has sunk 8.2% over the week since the…

U.S. Dollar Rises After Joe Biden Ends Presidential Campaign

watcher.guru The U.S. dollar went upward after Joe Biden announced he would drop out of the presidential race. His announcement came on Saturday, July 21, 2024, and the U.S. dollar has…

Abduction of Hong Kong toddler marks crime wave targeting crypto owners

dlnews.com Last week, Hong Kong police authorities arrested two 38-year-old women from mainland China for allegedly abducting a three-year-old boy. The two grabbed him from a shopping…

2 Hong Kong Crypto Promoters Wanted by Interpol Under ‘Red Notice’

cryptonews.com Interpol has issued a “red notice” for two Hong Kong citizens who promoted cryptocurrency investments and sold crypto mining machines. Wong Ching-kit, 30, faces charges of…

India’s New Crypto Policy: Cryptocurrency Policy Discussion Paper by September

coinpedia.org Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010.…

Crypto Bank Sygnum Records Profit in H1 2024, Seeks Global Expansion

coinspeaker.com Coinspeaker Crypto Bank Sygnum Records Profit in H1 2024, Seeks Global Expansion Digital asset bank Sygnum has revealed that the first half of 2024 was a profitable one for…

FOMO HOUR 165

decrypt.co BTC ETFs: -$78m, ETH ETFs: +$107m. BTC falls amid ETF outflows & Mt. Gox movements. ETH ETFs see ‘very solid’ first day $107m inflows. Grayscale ETH trust sees $484m…

Swiss Crypto Bank Sygnum Eyes EU and Asia Expansion, After Profitable H1 2024

cryptonews.com Global digital asset bank Sygnum has reported a profitable first half (H1) of 2024, driven by strong business performance. The firm saw a 500% increase in crypto derivatives…

Currency: U.S. Dollar Shows No Mercy to the Indian Rupee

watcher.guru The U.S. dollar is showing no mercy to the Indian rupee in the currency markets in July. The INR nosedived to an all-time low of 83.73 last week but briefly recovered to…

Crypto bank Sygnum posts first-half profit amid plans for MiCA-compliant EU expansion

theblock.co Sygnum saw a two-fold increase in crypto spot trading, a 500% rise in crypto derivatives trading and more than a 360% increase in lending volumes in the first half of 2024…

Sygnum's First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%

coindesk.com Sygnum, which is licensed in Luxembourg, Singapore, and its native Switzerland, plans to acquire new licenses in Europe under the Markets in Crypto Assets (MiCA)…

Game Developer Animoca Reportedly Eyeing Overseas IPO on Bankless

bankless.com Crypto game developer and investment fund Animoca Brands, valued at $5.9B during its last fundraise in 2022, is contemplating an IPO in 2025, according to a report in The…

A firm linked to Cambodia’s ruling family is running an $11b crypto scam operation

dlnews.com The Cambodian government says it wants to stop the rampant surge in crypto romance scams and shut down the compounds in the country that perpetrate such online fraud. But…

Inside the crypto war room: How a whitehat hacker helped recover $450 million

dlnews.com When hackers strike, DeFi teams often feel helpless. Many don’t want to turn to the cops, and identifying those responsible is increasingly difficult. That leaves few…

Chinese E-commerce Giant JD to Issue First HKD Stablecoin on Public Blockchain

coinspeaker.com Coinspeaker Chinese E-commerce Giant JD to Issue First HKD Stablecoin on Public Blockchain JD.com, one of China’s largest e-commerce groups, has announced plans to issue the…

MEET48’s Meme2.0 Ecology Airdrop New Gameplay

cryptopotato.com [PRESS RELEASE – Singapore, Singapore, July 24th, 2024] On July 17, MEET48 released its first TON ecologic airdrop product, “CoinFish,” as part of its WEB3.0 incubation…

Chinese E-commerce Giant JDcom to Issue Hong Kong Dollar Stablecoin

coingape.com Chinese tech giant JDcom is poised to make its mark in the digital currency landscape. The company has announced plans to issue a Hong Kong dollar stablecoin, a development…

Will China Unban Bitcoin, Creating A Huge Bitcoin Price Bump?

forbes.com Recently, there have been rumors that Bitcoin in China will be "unbanned" - from unsourced tweets to backdoor insights about the Chinese Communist Party's plans for Bitcoin.…

Plans to Launch HKD-pegged Stablecoin on Public Blockchain Soon

coinpedia.org Plans to Launch HKD-pegged Stablecoin on Public Blockchain Soon appeared first on Coinpedia Fintech News Jingdong Technology Group’s subsidiary, Jingdong Coinlink…

Stablecoin pegged to Hong Kong dollar unveiled

cointelegraph.com Jingdong Coinlink Technology Hong Kong Limited unveils its plan to issue a Hong Kong dollar stablecoin, aiming for secure and cost-effective payment solutions while adhering…

Leading Asset Manager CSOP Says Bitcoin To Hit $100K Soon

coingape.com Asia’s leading asset management firm CSOP Asset Management CEO Ding Chen believes Bitcoin price can hit $100K very soon, agreeing with traders who think Donald Trump-fueled…

Michael Burry just became a crypto investor thanks to this stock position

finbold.com While China has for years had a fraught relationship with cryptocurrencies, more recent news from the nation – and particularly from the locale of its second system, Hong…

Hong Kong debuts Asia’s first inverse Bitcoin ETFs: Time to bet on bears?

ambcrypto.com This ETF allows investors to profit from BTC’s volatility. The crypto world is buzzing as Hong Kong unveils Asia’s first inverse BTC ETFs. As reported by local media, the…

US Dollar’s Biggest Jump Sends Local Currencies Sliding

watcher.guru The US dollar is showing no mercy to local currencies and making them slide to new yearly lows. Leading Asian currencies in particular are facing the wrath of a stronger USD…

Hong Kong’s ‘reverse Bitcoin futures’ may trigger volatility, warns Bitfinex head of derivatives

cryptobriefing.com The CSOP Bitcoin Futures Daily (-1x) Inverse Product was listed on the Hong Kong Stock Exchange today, allowing investors to bet on Bitcoin (BTC) price declines. Jag Kooner,…

Bitcoin Price Prediction: BTC Dips to $66,500 Amid Mt. Gox Transfers and Hong Kong ETF News

cryptonews.com Bitcoin Price Prediction Bitcoin (BTC) has struggled to maintain its upward momentum. Recently, it lost traction around the $66,560 level, hitting an intra-day low of…

Ethereum ETFs are here

dlnews.com Eight spot Ethereum exchange-traded funds will launch in just a few hours and unleash a wave of intense trading, market watchers say. Institutional investors will pour $500…

Swiss Banks Replacing US Banks For Crypto Payments After FTX Collapse

coingape.com In the aftermath of the collapse of several crypto-friendly banks in the US, Swiss banks are stepping in to fill the void. These banks are now offering innovative solutions…

Ether Rises Above $3.5K Ahead of ETH ETF Trading, But Inflow Concerns Remain

coindesk.com jumped above $3,500 ahead of the spot exchange-traded funds (ETFs) that are expected to go live for trading on Tuesday, one that some onlookers say could see muted inflows…

Asia’s First Inverse Bitcoin ETF to Launch in Hong Kong

bitcoinnews.com Hong Kong is set to make a significant stride in the Bitcoin market by launching Asia’s first inverse Bitcoin exchange-traded fund (ETF). This new financial product, named…

Bears can now short Bitcoin in Hong Kong with new ‘inverse’ ETFs

dlnews.com Bitcoin is the most erratic asset in the last decade — and subject to wild price swings driven by speculation, news, and rumours. That’s great for risk-hungry traders. And…

Hong Kong to Introduce Asia’s First Bitcoin Futures Inverse Product

cryptopotato.com On July 23, Hong Kong will launch Asia’s first Bitcoin futures inverse product, the CSOP Bitcoin Futures Daily (-1x) Inverse Product (7376.HK). This new exchange-traded fund…

TON Blockchain And Animoca Brands Unveil $20M Initiative To Reach 1.6 Billion Users

bitcoinist.com On Monday, Hong Kong-based gaming software company Animoca Brands, The Open Network (TON) blockchain, Moca Network, and the MOCA Foundation announced a new partnership to…

Last Week’s Crypto Inflows Surge to $1.35 Billion: Which Digital Asset Led the Charge?

newsbtc.com The global crypto investment market has witnessed a significant influx of capital, with recent reports indicating a continued positive trend in inflows. According to the…

Crypto Products See $1.3B Inflows in One Week: CoinShares

cryptonews.com Cryptocurrency investment products received a major investment of $1.35 billion in the past week, per CoinShare’s latest data. Last week’s numbers bring the total capital…

Profit from the Dip: Hong Kong To Debut Asia’s First Inverse Bitcoin ETF

bitcoinist.com On July 23, Hong Kong will mark a significant milestone in the crypto financial product domain by introducing Asia’s first inverse Bitcoin exchange-traded fund (ETF),…

Short Bitcoin ETFs Take a Hit With $1.9M in Outflows: Are Bears Losing Their Grip?

cryptopotato.com Investment in digital asset products continued to rise, with inflows reaching $1.35 billion last week, totaling $3.2 billion over the past three weeks. Trading volumes for…

Crypto Funds Extend 3-Week Positive Streak with $1.4B Inflows

dailycoin.com Bitcoin’s impressive performance has played a key role in the recent shift. • One altcoin has solidified its position as a top gainer amidst the current influx of funds. In…

Crypto Exchange Gate.io Ceases Japan Operations, Here’s Why

coingape.com As of July 22, 2024, Gate.io has announced the termination of its services in Japan, citing the need to comply with local financial regulations. This decision is in line…

Ethereum Overtakes Solana With Most Altcoin Inflows Year-to-Date As Positive Sentiment Continues: CoinShares

dailyhodl.com Digital assets manager CoinShares says that institutional crypto investors are going in heavy on the leading altcoin Ethereum (ETH). In its latest Digital Asset Fund Flows…

CoinShares: Ethereum Overtakes Solana in Total 2024 Inflows Just before ETF Approval

coinspeaker.com Coinspeaker CoinShares: Ethereum Overtakes Solana in Total 2024 Inflows Just before ETF Approval As per the Digital Assets funds flow report from CoinShares, Ethereum…

Bitcoin Investment Products Attract $1.27B Weekly Inflow, US Leads the Charge

thecryptobasic.com Recent data from CoinShares shows that crypto-based investment products saw an astounding net inflow of $1.35 billion over the past week. According to the data, the total…