Tag "Bitcoin"
Global Efforts Curb Crypto Hacks and Fraud, But Challenges Remain in Hong Kong
In 2023, the cryptocurrency ecosystem saw a significant decline in illicit activity, according to data from TRM Labs. Despite the overall proportion of total illicit funds shrinking by 9 percent year-on-year, criminals still handled over US$34 billion (HK$266 billion) worth
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Hong Kong Set to Launch Asia’s First Spot Bitcoin Exchange-Traded Funds
The Securities and Futures Commission (SFC) of Hong Kong is anticipated to announce the approval of the city’s first spot bitcoin exchange-traded funds (ETFs) next week, according to individuals familiar with the proceedings. This development positions Hong Kong as the
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Financial Partners Invests US$40M in Grayscale and Fidelity’s Bitcoin ETFs
Financial Partners, a financial services group, has disclosed an investment of US$40 million into spot Bitcoin Exchange Traded Funds (ETFs) offered by Grayscale and Fidelity. This step is part of the company’s broader strategy to integrate advanced technology, including artificial
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3 Reasons Why Privacy is Important While Transacting in Cryptocurrencies
Although Bitcoins were considered to be one of the safest methods to protect privacy, several questions have been raised on it. In the earlier days of cryptocurrencies, users did not pay much attention to behind the scenes while transacting in
Read MoreWeChat Pay Will Start Terminating Accounts Caught Dealing with Crypto
WeChat Pay, one of China’s most popular e-wallet providers, has just updated its payment policy to ban cryptocurrency transactions. The move was first noticed by founding partner of crypto investment firm Primitive, Dovey Wan in a tweet. Urgh, Wechat just
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3 Reasons Why Korea is Shaping up to Be A Blockchain Hub
When talking to South Koreans, the word “blockchain” has become a household buzzword. Most people have heard of it via the mainstream local media, especially when there was a massive fervor around bitcoin and cryptocurrencies towards the end of 2017.
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10 ICO Stats Show How The Current Market is Doing
Increasing popularity of initial coin offerings (ICOs) as a means of funding startups brought particular attention to this thriving market and helped the blockchain industry grow drastically in recent years. According to a June 2018 PwC report, ICOs continue to
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Cryptocurrency Exchanges in Taiwan
As the development of cryptocurrency evolves, cryptocurrency exchanges have become the core of the blockchain economy globally. Exchanges open the access to cryptocurrencies to the public, allowing investors to trade with fiat currencies or cryptocurrencies. Because of the use of
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Bitcoin And Cryptocurrencies In Hong Kong
Hong Kong, a shipping and banking hub, is embracing blockchain technology as the city looks to become a leader in fintech. An increasing number of Hong Kong entrepreneurs and policy makers are convinced that blockchain will eventually reshape everything from
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10 Blockchain Books and Studies You Should Read
Blockchain has become a buzzword in the business world with firms from diverse and varied industries all looking to harness the technology to increase efficiency and cut costs. Interest in blockchain originally came from the banking and financial services industry
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