Over 40% of Hong Kong investors shun digital assets post-JPEX Scandal, survey reveals
The survey aimed to measure the public attitude towards virtual asset investments, following the JPEX incident.
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Binance users in Hong Kong hooked by US$450,000 phishing attacks
The Hong Kong police warned on Monday that 11 Hong Kong-based Binance users lost over US$446,000 (HK$3.5 million) in cryptocurrencies to phishing text messages in the last two weeks. See related article: Gitcoin error sends US$460,000 to digital void Fast Facts See related article: CMCC Global raises US$100 mln to launch Hong Kong Web3 fund
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CMCC Global raises US$100 mln to launch Hong Kong Web3 fund
CMCC Global, a Hong Kong-based blockchain-focused venture capital fund, announced Wednesday that it raised US$100 million to launch the “Titan Fund.” See related article: SFC to monitor illegal VATP activities with Hong Kong Police Force Fast Facts See related article: Valkyrie CIO expects US spot Bitcoin ETF approval in Q2 2024 (Update adds comment from…
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SFC to monitor illegal VATP activities with Hong Kong Police Force
The Securities and Futures Commission (SFC) of Hong Kong and the Hong Kong Police Force announced Wednesday the establishment of a working group to monitoring and investigating illegal activities related to Virtual Asset Trading Platforms (VATPs). See related article: Hong Kong crypto network Mixin loses US$200 million in hack Fast Facts See related article: JPEX…
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Hong Kong crypto network Mixin loses US$200 million in hack
Mixin Network announced Monday that the database of its cloud service provider was hacked, resulting in the loss of approximately US$200 million.
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Hong Kong may tighten enforcement amidst JPEX scandal, says former SFC official
The JPEX scandal sheds light on the vulnerabilities in Hong Kong’s crypto marketplace, prompting reflection on regulatory safeguards as the city aspires to be a global digital asset hub, former SFC regulator Angelina Kwan says.
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JPEX crypto exchange shuts trading amid Hong Kong regulator probe
Dubai-based cryptocurrency exchange JPEX is shutting trading its platform amid a probe by the Hong Kong’s Securities and Futures Commission that said the firm was operating as an unlicensed entity, according to media reports.
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Hong Kong crypto exchange CoinEx suffers hack, at least US$43 million lost
Hong Kong-based cryptocurrency exchange CoinEx Global suffered a security breach on Tuesday, resulting in an estimated loss of US$43 million in cryptocurrencies.
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Hong Kong grants SEBA Bank in-principle approval for crypto trading
The Hong Kong branch of SEBA Bank has received an in-principle approval from regulators to provide virtual asset trading services in the jurisdiction.
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To read Hong Kong’s future as a crypto hub, look closely at its colorful paper money: Opinion
Most countries allow only government to mint currency, but in the land of public-private partnerships, legal tender HKD notes are issued by private banks.