Hong Kong Financial News

10.06 / 13:11

Blockchain ETF Asia Samsung Samsung Asset Management to launch blockchain ETF in Hong Kong

Hong Kong-based Samsung Asset Management (SAMHK), a local subsidiary of Samsung’s investment arm, is moving forward with a blockchain-themed exchange-traded fund (ETF).

10.06 / 10:37

UPS Lowe's China’s Inflationary Pressures Stay Muted

HONG KONG—Inflationary pressure stayed soft in China as Covid-19 lockdowns hammered domestic demand, leading economists to forecast that policy makers may ramp up stimulus to boost economic growth and employment.

09.06 / 23:17

markets Ethereum Ethereum 2.0 ICO This key Ethereum price metric shows ETH traders aren’t as bearish as they appear

Ether (ETH) is down 25% in just a month and even the recent upgrade to a proof-of-stake (PoS) consensus on the Ropsten testnet failed to move the altcoin’s price.

09.06 / 12:17

Blockchain Lowe's CEO Platform Wine Hong Kong-based Grand Cru Cellar to Offer First Redeemable Wine NFT in Asia

Hong Kong-based wine importer and distributor Grand Cru Cellar (GCC) has announced plans to enter the non-fungible token (NFT) industry.

08.06 / 20:33

Blockchain defi MARKET Gaming Blockchain Games Strongest Category Amid Crypto Market Downturn

Blockchain games is the category within crypto that has resisted the industry downturn the most, with activity still being up 197% year-over-year, DappRadar’s Industry Report for May shows.

08.06 / 02:13

Digital Riksbank's Skingsley appointed head of BIS Innovation Hub

Established in 2019 to support exploratory work into new frontiers in financial technology, the BIS Innovation Hub has centres in Hong Kong, London, Singapore, Stockholm and Switzerland. Another two centres, in Frankfurt/Paris and Toronto, are set to open this year.The hub's projects focus on priority themes such as central bank digital currencies (CBDC), next-generation financial market infrastructures, supervisory and regulatory technology, open finance, cyber security and green finance.

07.06 / 19:07

Stablecoin Sport USDC BUG Bug Bounty crypto ETFs USD 100M Cronos Accelerator, Citadel Mulls Crypto ETFs, USD 6M Bug Bounty + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

07.06 / 15:11

Extreme Merit Action Strategy lawsuits London Metal Exchange hit with two U.S. lawsuits over nickel trading chaos

LONDON — A second U.S. firm has sued the London Metal Exchange for $15.3 million over canceled nickel trades in March.

07.06 / 12:59

Blockchain Digital Booking Financial Animoca Brands Releases Key Unaudited Financial Report, Portfolio investments Worth Over $1.5Bn

Hong Kong-based Animoca Brands has released the company’s key unaudited financial and business highlights for the last three months of 2021 and the first four months of 2022.

07.06 / 09:33

LME Jane Street sues LME over nickel trade chaos

Two major financial players are now suing the London Metal Exchange for a total of nearly half a billion dollars, after the exchange earlier this year suspended nickel trading and canceled some trades following wild swings in the metal's price.

07.06 / 04:49

Ethereum Accenture Research Bitcoin Half of Asia's affluent investors have crypto in their portfolio: Report

Affluent investors in Asia are neither shy nor ignorant about crypto, with research revealing that 52% of them held some form of a digital asset during Q1 2022.

06.06 / 19:37

Blockchain regulation Investments Hong Kong's Securities and Futures Commission warn of nonfungible token risks

On Monday, Hong Kong's Securities and Futures Commission (SFC) released a statement warning investors about the risks of nonfungible tokens, or NFTs, which have soared in popularity in recent years. The regulatory body wrote:

06.06 / 12:21

Discover Hong Kong Startup BEAM+ LAB's Exhibition to Celebrate Launch of CRYPTYQUES NFT

Hong Kong startup BEAM+ LAB is hosting an interactive exhibition at the Haus of Contemporary from June 8 to 26 to celebrate the launch of CRYPTYQUES, non-fungible token (NFT) collectables based on classic Hong Kong movies.

02.06 / 22:05

business Funding Venture Capital Research After record growth, VC crypto investments decline 38% in May

This short-term decline in investments can be correlated to the recent market correction, which made Bitcoin (BTC) and other major cryptocurrencies lose 50% or more of their value.

02.06 / 12:49

Blockchain Provident Platform Cathay Local Hong Kong Firms Raise Funds for NGOs Through NFTs

Three local Hong Kong companies are raising funds for non-governmental organisations (NGOs) through non-fungible tokens (NFTs) to support green initiatives and sustainability.

02.06 / 04:09

Software HANS Baidu Self-driving car companies' first step to making money isn't robotaxis

BEIJING — While governments may be wary of driverless cars, people want to buy the technology, and companies want to cash in.

01.06 / 21:11

Gaming Nifty News: Prada launches new fashion NFT, P2E games witness growth in India

Following its initial foray into the nonfungible token (NFT) space with the Adidas for Prada re-source project in partnership with digital artist Zach Lieberman and SuperRare, iconic fashion brand Prada has now announced its first independent NFT collection accompanying the Prada Timecapsule.

01.06 / 14:07

cryptocurrency Digital cryptocurrency news Bitcoin Eyeing Crypto Clients, Fidelity's Digital Assets Arm To Add Manpower

Fidelity Investments will double down on hiring this year to serve cryptocurrency investors

01.06 / 08:41

COST Manufacturing CEO Tesla Chinese electric car start-up WM Motor files to go public in Hong Kong

BEIJING — Chinese electric car start-up WM Motor filed Wednesday to go public on the Hong Kong Stock Exchange.

31.05 / 13:07

Blockchain BLOCK Google Discover Taiwan is Most Interested in NFTs, Says NFT Club Research

Taiwan is where people are the most interested in non-fungible tokens (NFTs), according to research conducted by NFT Club.

30.05 / 20:45

Cardano cryptocurrency price today Usd Coin Top cryptocurrency prices today: Avalanche, Solana, Cardano, Shiba Inu zoom up to 13%

Barring the stablecoin USD Coin, all crypto tokens were trading sharply higher on Monday. Avalanche zoomed more than 13 per cent, whereas Cardano and Shina Inu posted double-digit gains. Polkadot and Solana advanced 9 per cent each. The global cryptocurrency market cap was trading higher at the $1.26 trillion mark, jumping more than 5 per cent in the last 24 hours. However, the total cryptocurrency trading volume zoomed over 8 per cent to $55.27 billion.

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