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JPEX Crypto Exchange Probe Sees 4 More Arrests: SCMP
29.9.2023
Hong Kong and Macau authorities say they've detained people closely linked to the scandal linked to the crypto exchange, bringing total arrests to 18
Police Make 12 Arrests, Seize $1 Million in Cash and $9.8 Million in Assets in JPEX Case
28.9.2023
On Tuesday, Hong Kong police announced the arrest of 12 suspects in connection with the JPEX cryptocurrency exchange platform scandal.
During a press conference on Wednesday, Chris Tang Ping-Keung, the Secretary for Security of Hong Kong, reassured the public that the police are fully committed...
Bored Ape Yacht Club Announces Collaboration With Iconic Japanese Streetwear Brand Bape
27.9.2023
According to Yuga Labs, creators of the Bored Ape Yacht Club (BAYC), the team has partnered with the popular Japanese fashion brand A Bathing Ape, commonly known as Bape. They plan to unveil a new “irreverent collection” together at Apefest in Hong Kong this November. BAYC Partners With...
Hashkey HK opens AVAX trading with $1M portfolio requirement
27.9.2023
Only professional investors with a portfolio exceeding $1 million can invest in altcoins through regulated exchanges in Hong Kong
Hong Kong police recover $11M worth of assets in JPEX case: Report
27.9.2023
The JPEX scandal has grown to become one of the largest fraud cases in the country, with over 2,300 victims and losses estimated at over $175 million
Hong Kong Securities Regulator Says It Now Publishes Names of Entities Seeking Crypto Trading Licences
26.9.2023
The Hong Kong securities regulator has said it now publishes a list of firms seeking to operate crypto trading platforms in the region. Julia Leung Fung-yee, the CEO of the Securities and Futures Commission (SFC), said divulging the names of applicants is intended to help placate an investing...
mBridge CBDC project preparing for new members, launch of minimum viable product
25.9.2023
The project now includes central and commercial banks of China, Hong Kong, Thailand and the UAE. Future new members were not identified
Hong Kong to tighten crypto regulation, Thailand to tax crypto overseas: Law Decoded
25.9.2023
While Thai regulators aim to tax crypto earned overseas, Brazilian lawmakers seek to protect it from seizure
Analysts Believe JPEX Scandal Will Have Significant Negative Impact on Retail Sentiment
25.9.2023
The JPEX scandal, regarded as potentially the largest financial fraud in Hong Kong's history, has not only harmed thousands of victims but has dealt a significant blow to retail trust in cryptocurrencies in the jurisdiction.
Analysts and industry experts have voiced concern that the fallout from...
Mixin Network Founder Addresses $200 Million Hack, Says Only Half of User Assets are Safe
25.9.2023
Mixin Network's founder Feng Xiaodong addressed the $200 million hack in a livestream saying that they could initially ensure the security of only half of its users' assets.
Mixin Network revealed a massive hack earlier today on the database of its cloud service provider, compromising users’...
Hong Kong to Disclose All Crypto License Applicants After JPEX Probe
25.9.2023
Securities and Futures Commission says decision was made in light of public demand
Hong Kong to Reveal List of Crypto License Applicants in the Wake of JPEX Scandal
25.9.2023
Hong Kong’s financial watchdog confirmed Monday that it would publish the list of cryptocurrency trading firms that have applied for licenses to operate in the Chinese territory, in the wake of the JPEX scandal.
The Securities and Futures Commission (SFC) will reveal the list following public...
HK regulator vows to intensify crackdown on unregistered crypto platforms
25.9.2023
In the wake of the ongoing JPEX scandal, the Hong Kong Securities and Futures Commission says it will issue a public list of suspicious crypto trading platforms
JPEX scandal masterminds still at large as 11 suspects taken into custody: Report
25.9.2023
Hong Kong police said the leaders of the JPEX crypto exchange are still at large and are now enlisting the help of Interpol to track them down
FTX Files Lawsuit Against Former Salameda Employees to Recover $157 Million
23.9.2023
According to the recent court filing, FTX, the bankrupt crypto exchange, has filed a lawsuit against former employees of Salameda, a Hong Kong-incorporated entity affiliated with FTX, to recover about $157.3 million.
The Hong Kong firm was said to be controlled by the former CEO and founder of...
16 Joules per Terahash: Bitmain Unveils High-Efficiency S21 Bitcoin Miners at Hong Kong Summit
22.9.2023
Bitmain, a leading bitcoin mining rig manufacturer, has introduced the newest addition to its Antminer products: the S21 series. The newest models have an efficiency rating under 20 joules per terahash (J/T) and produce between 200 terahash per second (TH/s) and 335 TH/s. Bitmain Launches 2...
FTX opens lawsuit against former employees of Hong Kong affiliate
22.9.2023
The bankrupt crypto exchange FTX has opened a lawsuit against former employees of a Hong Kong affiliate company Salameda to recover $157.3 million
FTX Sues Former Employees of Hong Kong Affiliate, Seeks $157 Million
22.9.2023
The bankrupt crypto exchange has sued former employees of Salameda, a Hong Kong-incorporated affiliate, to recover about $157.3 million
JPEX Floats "DAO Stakeholder Dividend Plan" for Users as Authorities Block Access to Exchange
21.9.2023
In response to the ongoing HK$1.3 billion scandal in which Hong Kong police have asked telecom service providers to block access to JPEX's website, resulting in the arrest of three additional individuals suspected of conspiracy, JPEX has put forth a new dividend plan for its investors....
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Hong Kong Regulator Says Crypto Firms Claiming to Be Banks Are in Contravention of Banking Ordinance
21.9.2023
The Hong Kong Monetary Authority said on Sept. 10 that crypto firms presenting themselves as banks are in contravention of the region’s Banking Ordinance. The HKMA argued such descriptions “may mislead members of the public into believing that those crypto firms” are financial...