NBA partners Chinese fintech giant Ant Group to launch NFTs in China
NBA will partner Ant Group – Chinese tech giant Alibaba’s fintech affiliate – to issue NBA-themed NFTs and create content on Alipay.
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Gate Group set to enter Hong Kong
Gate Group announced on Wednesday that it is applying for a new cryptocurrency license in Hong Kong, joining a growing list of Web3 firms entering the city.
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Crypto exchanges face an existential challenge. What can bring users back?
Amid the rubble of FTX and other centralized exchanges, cross-chain technology and on-chain trading offer more trustworthy alternatives, writes Simon Harman of Chainflip.
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Hong Kong’s new crypto regulation may lure Web3 firms back, experts say
Hong Kong’s proposed crypto licensing regime received Huobi Global’s pledge to return to the city, and more companies may follow, industry experts told Forkast.
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Crypto scammers seize on AI frenzy as fraudulent ChatGPT tokens flood markets
Crypto scammers are deploying fraudulent tokens that appear affiliated with the popular AI chatbot ChatGPT, taking advantage of the tech’s investment hype.
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Blur lives up to name as its trading volume surpasses OpenSea
Top blockchain and crypto news: Blur’s success spurs changes at OpenSea. Is Binance eyeing US exit? Taiwan asset disclosure rules may include crypto.
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Hong Kong to invest US$6.37 million to spur Web3 growth
Hong Kong is allocating HK$50 million (US$6.37 million) to develop its Web3 sector, the Financial Secretary Paul Chan announced Wednesday.
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Coinbase reports growth in Q4 earnings despite decline in users
Coinbase reported an increase in its Q4 earnings on Tuesday, even as overall users declined throughout the period.
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Centralized crypto exchanges are dying, so long live centralized crypto exchanges?
Multi-billion dollar bankruptcies, fraud allegations, scandal, and plunging cryptocurrency prices in 2022 all characterized why investors came to distrust centralized exchanges. Yet, some commentators expect platforms to become ever more centralized … and regulated.
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Crypto hedge fund Galois Capital to close after losing US$40 mln in FTX
Cryptocurrency-focused hedge fund Galois Capital will close and return the remaining funds to investors after losing US$40 million worth of assets in the collapse of crypto exchange FTX.com