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Hong Kong
Hong Kong is a significant hub in the global cryptocurrency landscape, home to numerous blockchain companies, crypto exchanges, and enthusiasts. The region boasts a robust regulatory framework, fostering a conducive environment for crypto-related activities. Renowned crypto exchanges like Bitfinex and OKEx are headquartered here, facilitating vast daily trading volumes. Hong Kong's blockchain networks are advanced, supporting various protocols and fostering innovation in the crypto space. The region's crypto community is diverse, involving investors, traders, developers, and blockchain startups. Despite its traditional finance background, Hong Kong has embraced the digital asset revolution, positioning itself as a leading player in the crypto world.
Coinbase India Setback; Hong Kong’s Bitcoin ATMs
Coinbase’s India launch hits road bump. South Korea’s Shinhan bank sets precedent for corporate crypto accounts. Expert says Singapore still on track to become a global crypto hub. Hong Kong leads the way for Bitcoin ATMs in Asia, but is their future in doubt? Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Alibaba Invests in AR; Ronin Network Hacked
Alibaba leads funding round for AR glasses maker Nreal. Hong Kong's HKEx to trial digital assets trading in “Diamond” pilot. Axie Infinity blockchain Ronin suffers $600M exploit. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
First Mover Asia: BC Technology Group’s Crypto Platform Made Big Gains in 2021. So Why Are Investors Unimpressed?
OSL, which accounts for most of the Hong Kong company’s business, rose 63% in 2021, but the stock price has lagged bitcoin and other assets; bitcoin and ether tread water.
Malaysia’s Crypto Proposal; Hong Kong’s 11-Year-Old NFT Coder
Malaysian minister proposes making Bitcoin legal tender. India rules out offsetting crypto losses. Rate hikes and the outlook for crypto. An 11-year-old Hong Kong-born programmer gets into NFT business. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Hang Seng, China Stocks Soar as Beijing Pledges Support Amid Equity Rout
Crypto remains stable, though liquidity thin, as markets in Hong Kong climb out from the worst slump since the 2008 recession.
SCMP Spinning Off NFT Business Into New Firm ‘Artifact Labs’
The newspaper has found a brisk business in selling NFTs of its historical front pages, clearing $127,000 in its last auction.
First Mover Asia: China Equities Woes, Tensions With US Have Barely Touched Bitcoin; Cryptos Climb
Hong Kong's Hang Seng market has suffered through some of its worst days in more than a decade but that has not seemed to affect bitcoin's price much; cryptos rose slightly amid wait for Fed interest rate decision.
Bitcoin Unaffected by Hong Kong’s Hang Seng Meltdown
Analysts says the market crash in Hong Kong is being driven by regulatory not monetary policies, which is why the contagion has not spread to crypto.
Fed's Upcoming Interest Rate Hike Could Move Bitcoin Price
Joe DiPasquale, BitBull Capital CEO, shares his bitcoin price analysis as an expected Fed rate hike later this week raises inflation concerns among investors. Plus, a look into the current state of the Hong Kong stock index as it sinks to a six-year low amid a recent COVID-19 outbreak and its potential impact on broader global markets.
Coinbase Blocks Russian Addresses; Philippines Plans CBDC
Coinbase blocks 25,000 Russian wallet addresses. Hong Kong’s iconic Star Ferry recreated in the metaverse. The Philippines joins a growing band of countries planning a CBDC. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”