Tech giant Meitu loses over $43M of its crypto investment in bear market
Meitu was one among many public companies that purchased Bitcoin to hold as a treasury reserve during the peak of the bull run last year and now joins the list…
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Exit stage left — Eqonex to close crypto exchange after two years
The firm said it would also move its principal business and several people from management from Hong Kong to the United Kingdom.
Hong Kong Investors Lost $50M From Crypto Scams in 2022 (Report)
Cryptocurrency scams have reportedly been one of the most common cyber offenses in Hong Kong during the first half of 2022, and 25% involved digital assets. The concerning number of…
Hong Kong university to inaugurate mixed reality classroom in Metaverse
By building MetaHKUST, the institution plans to create a learning environment that virtually connects the two campuses — in Hong Kong and Guangzhou.
Hong Kong Ranks as the Most Crypto-Ready Nation in 2022 (Survey)
With a score of 8.6 points out of 10, the special administrative region of China – Hong Kong – was crowned as the most crypto-ready country globally. The second position…
Hong Kong University of Science and Technology to Build Metaverse Campus
The Hong Kong University of Science and Technology has announced plans to build an online-based metaverse campus called Metahkust. The institution will take its first step toward this goal by…
Binance CEO CZ Sues Bloomberg Businessweek for Defamation
Bloomberg’s subsidiary in Hong Kong accused Changpeng Zhao (CZ) – Chief Executive Officer of Binance – of running a cryptocurrency Ponzi scheme. In turn, the exec filed a lawsuit against…
Hong Kong positioned as the most crypto-ready country in 2022
Factors considered to calculate a country's readiness were the number of crypto ATMs proportional to the population and geographical size and the number of blockchain startups per 100,00 people.
Binance CEO sues Bloomberg subsidiary alleging defamation
A Bloomberg article was republished by its Chinese subsidiary using the title “Zhao Changpeng’s Ponzi Scheme.”
Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm
On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the…