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Hong Kong Ramps Up Crypto Scrutiny, Flags 7 Unlicensed Crypto Exchanges


Hong Kong’s Securities and Futures Commission (SFC) has taken another major step in its ongoing efforts to regulate the crypto industry. The watchdog recently added seven crypto trading platforms to its Alert List, warning investors about their illegal operations in the region. Protecting...

Hong Kong Bitcoin ETFs’ Buying Spree; 425 BTC Purchased This Week


While the German government is offloading Bitcoin, the Hong Kong Bitcoin ETF market is on a buying spree. According to a recent tweet by the House of Chimera, Hong Kong Bitcoin ETFs purchased Bitcoin for four consecutive days, accumulating 425 BTC over the course of the week. JUST IN: ????Hong Kong...

Hong Kong’s Bosera HashKey ETFs dominate the Asian market


Bosera HashKey virtual asset exchange-traded funds (ETFs) have experienced a historic moment as their assets under management surpassed $110 million for the first time. The Bosera HashKey Ether ETF (3009.HK) has maintained a comparable situation, maintaining a balance of over 6,000 ETH since...

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US


Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong University of Science and Technology (HKUST), criticized China’s cryptocurrency mining ban during a panel discussion in Hong Kong last week. He called the decision...

Toys 'R' Us' New AI-Generated Ad Is Truly Horrible And More Of The Week's Takes


Toys ‘R’ Us—or, more accurately, the brand’s reanimated corpse—made waves this week with the release of an AI-generated ad that inadvertently reveals so much about this era of widespread “enshittification.” Our piece on that, as well as a lament for the way expiring licenses are killing Forza...

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