Crypto
Hong Kong crypto exchanges face challenges to get full licences
HONG Kong’s push for a digital-asset hub faces growing pains amid uncertainty over whether 11 crypto exchanges will all achieve full licences after earlier receiving initial approvals. The city’s...
US SEC sues over alleged US$650 million global crypto fraud
THE US Securities and Exchange Commission (SEC) on Monday (Aug 12) sued the cryptocurrency company NovaTech and its married co-founders, saying they fraudulently raised over US$650 million from more...
Crypto ETF complex hit by selling spree in first big stress test
INVESTORS yanked nearly half a billion US dollars from cryptocurrency-linked funds as a global market meltdown sparked the first major sell-off for the speculative asset class since it went...
Bitcoin plunges, Ether has worst drop since 2021 as crypto sinks
CRYPTOCURRENCIES reeled from a bout of risk aversion in global markets on Monday (Aug 5), at one point sending Bitcoin down more than 16 per cent and saddling second-ranked...
Crypto is booming again in New York as sentiment turns positive
CRYPTO startup Concrete recent decamping to New York’s Meatpacking District from the San Francisco Bay Area may be emblematic of a budding digital-asset renaissance in the Big Apple.More than...
Crypto executives to meet with White House advisers next week
EXECUTIVES from the cryptocurrency industry are planning to meet with White House aides and Representative Ro Khanna next week to discuss concerns around digital assets and propose policy changes...
Bitcoin, Ether slide as risk aversion spreads to crypto market
ETHER, the second-largest token, paced a drop in digital assets following a slump in equities that spread unease in global markets.Ether slid about 6 per cent, the most in...
Mt Gox creditors get crypto repayments after decade of waiting
MT GOX creditors are receiving a portion of the roughly US$8 billion worth of cryptocurrency they have been owed since a hack drove the Tokyo-based exchange into bankruptcy a...
