May 12, 2023 By Murtuza Merchant Investing in lesser-known digital coins before they hit mainstream exchanges can potentially yield substantial returns.  If you’re intrigued by the idea of purchasing ERC-20 meme tokens, we’ve prepared a comprehensive guide to help you get started.  However, before diving in, it’s essential to remember these three critical points: (1) […]

May 11, 2023 By Anjali Kochhar Since September 2021, China has implemented a crypto ban, but this has not deterred its citizens from engaging in digital asset transactions. According to a Bloomberg report, many Chinese investors are using FTX crypto exchange for credit claims. Additionally, Binance and OKX have also reported substantial usage by Chinese

May 11, 2023 By Sharan Kaur Phillora The Hong Kong-based Web3 company Artifact Labs announced the completion of a funding round, raising $3.25 million. The round was led by Blue Pool Capital, a fund managed by the founders of Alibaba, Jack Ma, and Joe Tsai. Animoca Ventures also participated in the round. Here’s what we

May 10, 2023 By Tsering Namgyal Markus Thielen is head of research and strategy at Matrixport which is one of the world’s largest and most trusted digital assets ecosystem providing one-stop crypto financial services. With USD4B in actively managed digital assets, Matrixport achieved pre-money unicorn valuation in 2021 and was named by CB Insights as

May 10, 2023 By Anjali Kochhar Strap: Of the global digital ad market, video-game advertising accounts for ~6 per cent i.e., USD 8 billion. With the metaverse entering the picture, experts predict this share to increase in the future. Question is – how effective would it be for Metaverse to enter the realm of in-game

May 9, 2023 By Sharan Kaur Phillora Kweichow Moutai has launched a digital collectibles collection of 113,960 non-fungible tokens (NFTs). The Chinese liquor giant said the collectibles would give holders an exclusive opportunity to purchase limited-edition liquor in the real world. Here’s what we know Moutai’s NFT collection is worth 139 million yuan, which is more

May 9, 2023 By Murtuza Merchant A total of nearly HK$10 million (US$1.3 million) has been lost by two individuals from Hong Kong after they were deceived by distinct scams involving digital currencies and Chinese equities.  A 66-year-old entrepreneur became a victim of a fraudulent scheme when she was convinced to invest in the cryptocurrency

May 8, 2023 By Sharan Kaur Phillora CMCC Global, a Hong Kong-based VC firm, has launched a new US$100 million fund focused solely on blockchain opportunities, signaling confidence in the island’s potential as a hub for virtual asset trading. Here’s what we know The fund has three main areas of interest: infrastructure, fintech, and consumer

May 8, 2023 By Anjali Kochhar Binance, the world’s biggest cryptocurrency exchange, recently made a claim that someone utilized ChatGPT to portray Changpeng Zhao, the company’s CEO, as an official in the Chinese Communist Party. This claim has raised concerns among experts who believe that recent developments in Artificial Intelligence (AI) could have a disruptive

May 8, 2023 By Joe Pan The sound of the starting gun echoed across the track as the starting line was finally drawn for Hong Kong’s carbon neutrality race. Listed companies in the city were spurred on by new climate-related disclosures and the push for sustainable finance. Hong Kong Exchanges and Clearing Limited (HKEx) has