Category: Hong Kong

CoinEx Chain Elects New Node Partners

CoinEx Chain Elects New Node PartnersHosted by CoinEx Chain Foundation, “CoinEx Chain Global Nodes Election Launch Conference” was successfully held in Shenzhen on Oct 16. The conference marked the official launch of CoinEx Chain’s nodes election. More than 500 blockchain practitioners, including investors, KOLs, technical and financial experts, as well as top institutions and medias attended the conference to witness the important milestone of CoinEx Chain.

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Bitcoin Cash Acceptance Grows in Southeast Asia via Alchemy’s PoS System

Bitcoin Cash Acceptance Grows in Southeast Asia Via Alchemy's PoS SystemThe payments and technology provider Alchemy recently announced the launch of the startup’s hybrid payment solution, a platform that aims to connect cryptocurrency with retailers worldwide. Alchemy’s crypto solution features integration with Qfpay, a well known third-party payment company that provides payment services for more than 1.2 million affiliated merchants. So far the starting point […]

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Economic Turmoil in Hong Kong Escalates as Colonial-Era Law Is Imposed

Economic Turmoil in Hong Kong Escalates as Colonial-Era Law Is ImposedColonial-era law has been imposed in Hong Kong causing the economic situation to degrade further, with empty ATMs and bank runs becoming a new norm. Protestors and non-protestors alike fear the martial law-like ERO (Emergency Regulations Ordinance) could eventually grind the city’s financial activity to an unprecedented halt. Also Read: Protesters Wield Tools of Freedom […]

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Protesters Wield Tools of Freedom as Hong Kong Imposes Dictatorship

Protestors Wield Tools of Freedom as Hong Kong Imposes DictatorshipFour months of protests continue in Hong Kong as the world is witnessing the biggest uprising of political dissent in the territory since the 1997 ‘handover’ from Britain to China. Protesters have recently embraced wearing Guy Fawkes masks but on October 3, Hong Kong’s current Chief Executive, Carrie Lam, implemented colonial-era emergency powers banning the […]

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PR: Bitmain’s Announces Highly Anticipated World Digital Mining Summit

PR: Bitmain’s Announces Highly Anticipated World Digital Mining SummitThe World Digital Mining Summit (WDMS) hosted by Bitmain – the world’s top 10 and China’s second largest fabless chipmaker – is set to return on 8-10 October in Frankfurt with a focus towards industry investment and innovation for the mining sector.

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Cryptocurrencies Such as Bitcoin Cash Shine During Hong Kong Protests

Cryptocurrencies Like Bitcoin Cash Shine During Hong Kong ProtestsThe Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the midst of all the activists protesting, digital currencies like bitcoin cash are being promoted as a way for people to remove themselves from China’s system. […]

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How Coinbase Quietly Became the World’s Biggest Bitcoin Bank

How Coinbase Quietly Became the World’s Biggest Bitcoin BankOn August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with more than $7 billion under custody. Also Read: Hong Kong Protest Leader Hopes to […]

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Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks

Hong Kong Protest Leader Hopes to Incite Run on Chinese BanksThe 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark Hang Seng index, and now pro-independence activist, Chen Haotian, has called […]

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Market Outlook: Bitcoin Cash Spikes While Economic Fears Spread Worldwide

Market Outlook: Bitcoin Cash Prices Spike While Economic Fears Spread WorldwideOn Tuesday, August 13, most digital currency prices have dropped in value between 2-5% while crypto trade volumes globally have fallen to $46 billion in the last 48 hours. Despite the downturns across the board, bitcoin cash (BCH) is holding steady, up 2% today and now commanding the fourth largest market valuation. Also read: Twitter […]

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SEC Commissioner: US Could Draw Crypto Policy From These Countries

SEC Commissioner: US Could Draw Crypto Policy From These CountriesThe U.S. Securities and Exchange Commission (SEC) could learn from other countries when finalizing its own crypto regulation, Commissioner Hester Peirce explains. While highlighting peculiar and notable features of the U.S. system, the commissioner emphasizes cross-border considerations, detailing applicable crypto frameworks of several countries. Also read: G20 Leaders Issue Declaration on Crypto Assets – A […]

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Bitcoin Trades for a Premium in Hong Kong During Protests

Bitcoin Trades for a Premium in Hong Kong During ProtestsRight now, thousands of citizens from Hong Kong are protesting certain leaders and opposing a proposed extradition law. Alongside the protests, the country’s political issues are reportedly pushing wealthy Hong Kong residents to move their capital offshore. Since last week, the price of bitcoin core (BTC) has gained a premium in Hong Kong as the […]

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Bitcoin Exchange Gatecoin Shuts Down Citing Financial Difficulty

Bitcoin Exchange Gatecoin Shuts Down Citing Financial DifficultyHong Kong-based bitcoin exchange Gatecoin has said it is shutting down citing financial difficulty. The exchange suffered a $2 million hack in 2016 and hasn’t been able to recover the funds. However, Gatecoin blames a registered French payment service provider for paralyzing its operations. The payments company allegedly duped the exchange out of an unspecified […]

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Cointext Adds the Ability to Pay Bitpay Invoices Using SMS

Cointext Adds the Ability to Pay Bitpay Invoices Using SMS TechnologyCointext, the cryptocurrency wallet that allows users to send bitcoin cash (BCH) by SMS, has been steadily adding regional support and so far has captured 42 countries. Now Cointext has added the ability to utilize the BIP70 protocol so users can pay Bitpay invoices using the wallet’s text messaging capabilities. Also read: Bitcoin Cash Fans […]

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In the Daily: Coinhive Closedown, Eos Heist, Crypto Entrepreneur Arrested

In the Daily: Coinhive Closedown, Eos Heist, Crypto Entrepreneur ArrestedIn this edition of The Daily, the creator of the in-browser crypto mining software Coinhive is closing down due to the low prices of monero and its forks. Also, $7.7 million of Eos has been stolen by a hacker and the crypto entrepreneur behind the money-throwing stunt in Hong Kong last year has been arrested […]

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PR: LendaBit.com Launches Excellent P2P Service for Unverified Borrowers

LendaBit.com Launches Excellent P2P Service for Unverified BorrowersLendaBit.com, one of the fastest-growing P2P lending platforms, is pleased to announce the launch of a new special service campaign aimed at further loan liberalization for unverified platform users. From now on, all registered platform users are able to take crypto loans up to 300 USDT on a daily basis, where the borrowing fee accounts for 1% – no verification required!

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Hong Kong Crypto Exchange Coinsuper Shifts Focus to Institutional Investors

Hong Kong Crypto Exchange Coinsuper Pivots Focus to Institutional InvestorsHong Kong-based cryptocurrency exchange Coinsuper is reportedly shifting its focus from retail traders to institutional investors. This is the latest example of how regulations and trading volumes moving to OTC platforms are impacting the business strategies of crypto exchanges. Also Read: University of Michigan Endowment Backs Crypto Venture Capital Fund Coinsuper Exchange Pivots Focus Coinsuper, […]

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PR: trade.io Enables Purchase of Cryptocurrencies With USD and EUR

trade.io Enables Purchase of Cryptocurrencies With USD and EURMonday, February the 4th, 2019, Hong Kong, Crypto exchange trade.io has announced a partnership with payment processor Simplex, enabling clients to purchase a range of popular cryptocurrencies by credit or debit card.

Initially, the solution will support the purchase of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), & Bitcoin Cash (BCH) with USD or EUR. Management of trade.io have also confirmed that more coins and currencies will be added for purchase at a later stage.

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Xapo Transfers Key Operations to Switzerland

Xapo Transfers Key Operations to SwitzerlandGlobal crypto services provider Xapo is moving major operations from its base in Hong Kong to its office in Switzerland. The company is incorporated in the Asian financial hub but that may also change soon due to the friendlier business environment in the Alpine nation. Also read: Russian Institutions Back Proposal to Let Companies Use […]

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PR: trade.io Turns up the Heat With Massive Airdrop – Attractive Trading Competition

trade.io Turns up the Heat With Massive Airdrop - Attractive Trading CompetitionCALLING ALL TRADERS!
Think you’re good at trading… Well, it’s time to put your skills to the test.

Hong Kong – Cryptocurrency exchange, trade.io, continues to make waves in the crypto space as it is set to launch a series of exciting trading competitions to add to their line-up of innovative products and services.

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Report Claims Chinese Mining Giant Bitmain Is Prepping for New Leadership

Report Claims Chinese Mining Giant Bitmain Is Prepping for New LeadershipThe cryptocurrency mining manufacturer Bitmain may have a new chief executive officer in the near future according to regional reports. Bitmain’s director of product engineering, Haichao Wang, will apparently take the lead role within the corporation but no official timetable has been announced. Also Read: Nick Szabo: Central Banks May Turn to Cryptocurrency Reserves Over Gold […]

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Coinflex Exchange to Offer Leveraged BCH and BTC Futures

Coinflex Exchange to Offer Leveraged BCH and BTC FuturesHong Kong-based Coinflex exchange has announced plans to offer futures contracts for bitcoin core (BTC), bitcoin cash (BCH), and ethereum (ETH) with leverage of up to 20x. All futures bought and sold on the exchange will be physically delivered, meaning that when the contracts expire, holders will be paid the underlying cryptocurrency instead of cash. […]

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Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018

Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018In the last few years, the cryptocurrency environment has changed drastically and there is a bunch of new cryptocurrency hotspots popping up across the globe. Gone are the days when certain territories such as Zug, Prague, and other blockchain hub cities dominated the headlines. Now a variety of different regions like Malta, South Korea, Hong […]

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How Institutional Investors Are Changing the Cryptocurrency Market

Institutional investors trading cryptocurrency gained ground in 2018, with a number of high profile players edging in and taking a seat at the table. Increased interest from larger investors may have played a part in supporting digital assets as well as distorting the market.  Also Read: KPMG: Institutional Investment Key to Cryptoassets Growth Will Crypto Markets […]

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Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30M

Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30MMadison Holdings Group Ltd. has agreed to buy 67.2 percent of Japanese cryptocurrency exchange Bitocean for 1.68 billion yen ($15.12 million). Inclusive of fees, the wines and alcoholic beverages company will pay a total $30.12 million. According to local media reports, the deal is to be completed through a subsidiary, Madison Labs. Also read: Cryptocurrency Exchanges […]

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