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Chinese VC Invests $30 Million in Hong Kong’s Hashkey Group 


Bloomberg reports that China’s Gaorong Ventures invested $30 million in Hong Kong’s Hashkey Group, valuing the crypto unicorn near $1.5 billion. Gaorong Ventures Bets on Crypto With $30 Million Investment in Hashkey Gaorong, an early investor in Chinese internet firms such as Meituan and...

$2.5M in Crypto Assets Seized in Thai Scam Raid


Two Chinese nationals were arrested in Thailand on Feb. 5, after a joint Thai-Chinese operation seized $2.5 million in USDT and other assets worth over $100,000. Scam Masterminds Linked to Human Trafficking A recent joint operation by Thai and Chinese law enforcement resulted in the seizure of $2.5...

Hong Kong Accepts Crypto as Proof of Assets for Investment Immigration


Hong Kong has approved cryptocurrency as proof of assets for investor immigration, recognizing bitcoin and ethereum holdings in two cases under its HK$30 million residency requirement. Crypto as Proof of Wealth? Hong Kong Is Leading the Way Hong Kong has reportedly accepted cryptocurrency as proof...

Why DeFi Will Benefit From Trade Wars


In the short-term, the crypto market will be negatively impacted by increased volatility in global trade, says ML Tech’s Leo Mindyuk. But over time, crypto will be less impacted than traditional finance

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