Our weekly roundup of news from East Asia curates the industry’s most important developments. Hot week for Hong Kong exchanges Hashkey Exchange — one of the first regulated crypto exchanges in Hong Kong — has announced insurance coverage for clients assets stored in its hot and cold wallets. accounts. The …
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Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese man’s $10M loss as court says Bitcoin lending not protected by law A man in China’s Jiangsu province, identified as Mr. Xu, appears to be out of luck after a court ruled that his 341 …
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Our weekly roundup of stories from East Asia curates the trade’s most essential developments. OKX airdrop after token buying and selling fiasco On Mar. 1, cryptocurrency change OKX announced that it could airdrop 3,014,381 Tether (USDT) to customers who suffered losses on account of the Celestial (CELT) token buying and …
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Our weekly roundup of reports from East Asia curates the trade’s most essential developments. Hong Kong strikes bullish On Feb. 20, the Securities and Futures Fee (SFC) of Hong Kong launched a session on its proposed regulatory necessities for digital asset buying and selling platforms. The SFC requires the licensing …
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On Oct. 25, 2022 — about two weeks earlier than the collapse of the world’s third-largest cryptocurrency alternate, FTX — distinguished DeFi architect Andre Cronje published a foreboding article with a chilling warning on the state of centralized cryptocurrency exchanges: “Remedies under the current regulatory regime are ineffective. Most investors …
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Our weekly roundup of stories from East Asia curates the trade’s most vital developments. Huawei strikes to trademark its NFTs In line with a Jan. 28 report by Sina Information, Chinese language telecom large Huawei has lately filed for eight logos associated to its Huawei “YunYunBao” nonfungible tokens (NFT) collection. …
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Our weekly roundup of news from East Asia curates the industry’s most important developments. Huobi’s disgruntled employees According to local media reports, cryptocurrency exchange Huobi Global has terminated all year-end employee bonuses and benefits, as well as axed its entire core development staff located in mainland China. The laid-off staff …
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After a one-year hiatus, Our Man in Shanghai returns, however he’s now not based mostly in Shanghai (the crypto crackdown was an element within the column’s retirement), so a rebranding is so as. This house is now referred to as “Asia Specific,” and it’s a weekly roundup of reports from …
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In line with a latest paper, Chinese language researchers claimed to have found a novel methodology to interrupt the Rivest–Shamir–Adleman 2048 bit (RSA-2048) signing algorithm current in blockchains and different safety protocols. RSA is a cryptographic method that makes use of a public key to encrypt info and a personal …
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