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Market Analysis
Amid uncertainty and criticism following Elon Musk’s takeover of Twitter, nearly half a million users have flocked to Mastodon, a decentralized alternative.
Dylan Butts
Investment Insights
After dabbling in cryptocurrency product offerings, Goldman Sachs is now offering a service to clients to help analyze tokens and market trends.
Lachlan Keller
Market Analysis
Bursting of speculative bubble described as a turning point in the evolution of digital assets as industry players and observers welcome promise of mainstream adoption and better governance.
Yohan Yun
Market Analysis
While October saw the emergence of two very popular NFT collections, sales failed to break US$500 million in the lowest figures since July 2021.
Lachlan Keller
Market Trends
Interconnectivity is on the way, even as various segments of the Web 3.0 ecosystem are largely disconnected from reality and one another, said Web 3.0 experts at Hong Kong Fintech Week on Tuesday.
Oisin Mcilroy
Investment Insights
Hong Kong will increase funding for startups, including fintech companies, Secretary for Commerce and Economic Development Algernon Yau said on Tuesday.
Ningwei Qin
Market Analysis
It is the one-year anniversary of Facebook's rebrand as Meta, a major step in the company's foray into virtual reality and Web3. However, in actual reality, not everything has gone to plan for the platform's new parent company.
Dylan Butts
Market Analysis
Meta's metaverse division Reality Labs lost US$3.7 billion in the third quarter of this year, bringing its accumulated losses in 2022 to US$9.4 billion.
Ningwei Qin
Market Trends
Meta shareholder Altimeter Capital’s CEO Brad Gerstner wrote a letter to Mark Zuckerberg suggesting a cut in headcount and in metaverse investments.
Danny Park
Market Analysis
Bitcoin and Ether were both gaining in Monday morning trading in Asia, as were all other top ten cryptocurrencies by market capitalization, excluding stablecoins.
Lachlan Keller
