Hong Kong launches initiative to help banks with DLT adoption

The new Hong Kong-based equity fund will focus on the regional market and embrace Web3 startups. 563 Total views 33 Total shares Own this piece of history Collect this article as an NFTAs Hong Kong is again opening up to the crypto market, local investors are launching a $100 million fund to finance the digital…

An IT company in Armenia has been accused of illegally accessing electricity and using it to mine cryptocurrencies.$150,000 in powerOn Sept. 21, in an announcement from the Armenian National Security Service, the organization accused an IT company of illegally mining cryptocurrencies from inside a hydropower plant.The state agency reported that the IT company had installed…

Aleksej Bešciokov was reportedly vacationing with his family in the Indian state of Kerala when authorities arrested him. 960 Total views 2 Total shares Officials with India’s Central Bureau of Investigation (CBI) announced the arrest of Lithuanian national Aleksej Bešciokov, who was alleged to have operated the cryptocurrency exchange Garantex.  In a March 12 notice

The first DEX on Cardano launched on the mainnet today to allow traders to perform swaps and add liquidity, but network congestion has slowed transactions processing. 874 Total views 10 Total shares Cardano’s first decentralized app (DApp) SundaeSwap has launched but is causing a frustration among users due to congestion, platform errors and failed transactions.Is…

Bitcoin (BTC) price dropped severely in the previous week, falling from $19,500 to $16,000. Corrections never occur smoothly as dropdowns are frequently sudden and painful. The recent correction isn’t much different as the drop occurred in a matter of hours. Since then, Bitcoin’s price consolidated above $16,000, which marked a temporary bottom. The primary question is…

The judge presiding over a class-action lawsuit targeting the executives behind the OneCoin Ponzi scheme has allowed the case to proceed. 429 Total views 15 Total shares Judge Valerie Caproni lifted the stay on a class-action lawsuit brought against the notorious crypto Ponzi scheme OneCoin 12 months ago.An order signed by the New York District…

Binance may be seeing Bitcoin inflows, but overall, movements among major exchanges appear to cancel each other out, fresh data shows. 1963 Total views 35 Total shares Bitcoin (BTC) balances rising on exchanges may not be a sign of investors preparing to sell, new research argues. Unveiling the latest data from across exchanges on Dec. 28,…

OKX blames “coin-stealing hacking gang” for deepfake AI theft of $11M, Zipmex unlicensed, Microvisionchain’s millions in grants: Asia Express