Hong Kong Financial News
30.05 / 17:53
Adoption
Gaming
play
NFT Play-to-Earn Gaming Most Popular in India, Hong Kong, and UAE, Survey Finds
Play-to-earn (P2E) games based on non-fungible tokens (NFTs) are most popular in India, where a whopping 34% of internet users who participated in a survey said that they had played such a game.
30.05 / 13:17
Blockchain
Provident
Digital
Platform
Hong Kong to Host One of Asia's Largest NFT Exhibitions in June
One of Asia's largest non-fungible tokens (NFTs) exhibitions titled "ARTAVERSE" will be hosted in Hong Kong starting on June 3.
30.05 / 11:39
markets
stocks
Federal Reserve
Bitcoin
week
'Mega bullish signal' or 'real breakdown?' 5 things to know in Bitcoin this week
Bitcoin (BTC) is bouncing back this week as a sudden surge challenges weekly highs.
27.05 / 12:01
Platform
Tencent
Baidu
JD.com
Alibaba, Tencent and JD.com all just posted their slowest revenue growth on record
BEIJING — Chinese tech giants Alibaba, Tencent and JD.com have all posted their slowest revenue growth on record as Covid and Beijing's tech crackdown took their toll.
26.05 / 12:49
Blockchain
Digital
Platform
Mobile
PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse
PCCW and HKT have become the first Hong Kong-based communications, media and technology (CMT) organisations to join the metaverse following a partnership with The Sandbox.
23.05 / 23:59
Blockchain
CBDC
Adoption
regulation
WEF 2022: Bankers at WEF see the need for caution and speed on central bank digital currencies
The process of introducing a central bank digital currency (CBDC) is fraught with unknowns, some of which were elucidated in a panel of experts gathered Monday at the World Economic Forum in Davos, Switzerland. The panel concluded that good design is key to a successful CBDC, and there are fewer challenges for wholesale CBDC introduction.
23.05 / 12:55
Blockchain
UPS
CEO
expansion
International
Chinese-based BSN to Launch First International Expansion in August: CNBC
Chinese state-backed blockchain company Blockchain-based Service Network (BSN) is reportedly to launch an international project within serval months, according to CNBC, citing people with the matter.
22.05 / 22:19
Tether
COMPOSITE
Indexes
Tether and how it maintained ‘stability through multiple black swan events’
The market has serious concerns with regards to the so-called “stability” of much-talked-about stablecoins. With the market still trying to find a balance post the Terra debacle, Tether published a report on the company’s financials. Tether, the largest stablecoin by market cap, also lost its peg after dropping to $0.95. This raised fears of another sell-off, which have since been contained after it recovered most of its position.
20.05 / 18:47
cryptocurrency
USDT
CRYPTONEWS
International
Metalpha: Advanced Digital Asset Management Platform Jointly Established by LYL Dragon Victory International and Antalpha AntPool
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
20.05 / 04:33
19.05 / 14:17
BLOCK
China Insists Party Elites Shed Overseas Assets, Eyeing Western Sanctions on Russia
HONG KONG—China’s Communist Party will block promotions for senior cadres whose spouses or children hold significant assets abroad, people familiar with the matter said, as Beijing seeks to insulate its top officials from the types of sanctions now being directed at Russia.
18.05 / 18:53
Binance
economics
G7
Bitcoin
G7 to Discuss Crypto, Aave's Lens Protocol Goes Live, Terra's Team Shrinks + 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.
18.05 / 12:43
Blockchain
ETH
Citi
Everest
Animoca Brands, Blowfish Studios Announces Closure of Planet Private Sale for Phantom Galaxies
Hong Kong-based Animoca Brands and Blowfish Studios announced the closure of one of the most anticipated AAA blockchain games.
18.05 / 12:43
Provident
Digital
Mobile
Future
E-HKD’s Development in Hong Kong- The Future Way of Currency?
A study shows that 90% of surveyed central banks worldwide are exploring the future issuance of central bank digital currencies (CBDCs). Blockchain.News interviewed industry experts to find out the outlook of Hong Kong’s digital currency and its potential adoption.
17.05 / 11:27
cryptocurrency
Stablecoin
Bitcoin
Luna
Opinion: The Hong Kong Dollar Is The Best Stablecoin. Sorry, Terra And Luna
The celestial algorithm that keeps the moon in its orbit around the earth clearly works a lot better than the one that governed Luna and Terra. The cryptocurrency pair's collapse last week has put a question mark on the very premise of stablecoins: stability.
16.05 / 15:19
UPS
Drag
China’s Economic Distress Deepens as Lockdowns Drag On
HONG KONG—China’s economy descended deeper into a Covid-induced doldrums last month, raising questions about whether Beijing’s planned stimulus measures can prevent a prolonged downturn.
16.05 / 01:51
UPS
Elliott’s London staff set for more responsibility as hedge fund shuts last Asia office
High-profile activist investor Elliott Management is shutting up shop in Asia, according to reports, as the hedge fund's London office prepares to take more control of its investments in the region.
14.05 / 03:21
UPS
Elliott’s London staff set for more responsibility as hedge fund shuts last Asia office
High-profile activist investor Elliott Management is shutting up shop in Asia, according to reports, as the hedge fund's London office prepares to take more control of its investments in the region.
13.05 / 17:19
Ethereum
cryptocurrency
Bitcoin
Global crypto regulation body likely in next year as COVID-19, climate and crypto top concerns
Global market regulators are likely to launch a joint body within the next year to better co-ordinate cryptocurrency rules, a senior watchdog official has said.
13.05 / 15:49
UPS
cryptocurrency
cryptocurrency regulations
Bitcoin
Global Crypto Regulation Body Likely In Next Year: Top Official
Focus on crypto markets has intensified again this week.
13.05 / 14:15
Blockchain
Ethereum
CEO
Platform
Fine
World's 1st Fine-Dining NFT Concept Auction to Conduct in May
The world’s first fine-dining non-fungible token (NFT) concept has announced its NFT dining auction schedules.
latest developments in Hong Kong
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