Topic
News and analysis about non-fiat, decentralised assets used as digital currencies, including bitcoin, ether, altcoins and stablecoins.
Criminals withdrew cash from stooge accounts and used it to buy virtual currencies at local over-the-counter outlets in a bid to conceal flow of money, police say.
Criminals ‘exploit the perceived anonymity and ease of cross-border transactions that cryptocurrencies offer’, Forrester report says.
FTX said in a court filing it owes about US$11.2 billion to its creditors. The exchange estimates it has between US$14.5 billion and US$16.3 billion to distribute to them.
‘The Mona Lisa of the internet’, fans call her. Meet Kabosu, elderly shiba inu former rescue pup who became the face of cryptocurrency Dogecoin and her photo a US$4.2 million NFT.
Hong Kong will launch its first spot bitcoin and ether exchange-traded funds next week, cementing the city’s role as a virtual-asset hub, in contrast to mainland China’s crackdown on cryptocurrencies.
Woman, 42, and two men, aged 48 and 60, allegedly set up five companies and 18 local bank accounts that handled more than 1,000 suspicious transactions.
Spot bitcoin and ether ETFs in Asia could be attractive to investors looking to avoid US tax laws, but the market is still relatively ‘tiny’.
Bosera Asset Management, HashKey Capital, Harvest International and ChinaAMC are all working on spot crypto ETFs after the SFC’s first conditional approvals.
HashKey will facilitate the sale and purchase of Toncoin, the native token of the TON blockchain, which was started by Telegram Messenger.
Crypto industry executives were touting the benefits of bitcoin at the four-day Web3 Festival amid anticipation for the approval of spot ETFs this month.
Vitalik Buterin made a rare last-minute appearance at Hong Kong’s biggest Web3 event for a 20 minute technical talk on blockchain tech.