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“# Kenetic co-founder purchases .NFT domain extension for $84K ” In a single purchase, Jehan Chu, co-founder of Hong Kong-based crypto investment firm Kenetic Capital, has bought the ability to issue a seemingly unlimited number of “NFT” subdomains on the Handshake blockchain. According to Kenetic, Chu purchased the .NFT domain extension for 84,000 USD, or…
“# Bitmain CEO announces departure in the most crypto way ” The power struggle between Bitmain co-founders Micree Zhan and Jihan Wu appears to be at an end. In a tweet on January 26, Wu announced his decision to step down from the company. The now former CEO and Chairman of Bitmain sent out an…
“#Makers of Sophia the robot plan mass rollout amid pandemic” HONG KONG – “Social robots like me can take care of the sick or elderly,” Sophia says as she conducts a tour of her lab in Hong Kong. “I can help communicate, give therapy and provide social stimulation, even in difficult situations.” Since being unveiled…
“# While China’s CBDC sets the pace, the yuan stumbles in usage abroad ” Despite rapid advancement of a digital yuan, China’s progress in internationalizing its currency has stalled out in recent months. Per data from SWIFT’s RMB Tracker released on Jan. 20, the Chinese yuan (CNY), also known as the Renminbi (RMB) had gained…
“# Armed robbers steal $450K from Hong Kong crypto trader ” Robbers posing as cryptocurrency buyers have stolen about 3.5 million Hong Kong dollars ($450,000) from a woman in Hong Kong. According to a report by the South China Morning Post on Tuesday, the Hong Kong police are currently conducting a manhunt for the gang….
“#Hong Kong internet firm blocked website over security law” HONG KONG — A Hong Kong internet service provider on Thursday said it had blocked access to a pro-democracy website to comply with the city’s national security law. In a statement emailed on Thursday, Hong Kong Broadband Network said that it had disabled access to HKChronicles,…
“# Fidelity doubles down on Hong Kong crypto operator ” Fidelity Investments, one of the world’s largest asset managers, has poured more capital into a Hong Kong-based cryptocurrency operator — offering yet another bullish indicator for the evolution of digital-asset markets worldwide. An exchange filing obtained by Singapore-based Business Times shows that Fidelity acquired a…
“#US, UK, Australia and Canada condemn Hong Kong arrests” Enlarge Image Former Democratic Party legislators Andrew Wan, left, Lam Cheuk-ting, second left, and Helena Wong, right, at a press conference after being released on bail. AP Photo/Kin Cheung, File The US joined Australia, the UK and Canada on Sunday in condemning the recent arrest of…
“#The boot comes down in Hong Kong” Beijing just put the boot down hard in Hong Kong, ordering the arrest of 50-plus elected pro-democracy officials and activists Wednesday morning. The Chinese Communist Party will no longer brook any dissent in the once-free city. It’s the largest roundup of dissidents since Beijing imposed its new “national…
“#About 50 Hong Kong activists arrested under new security law” Hong Kong police arrested about 50 former lawmakers and pro-democracy activists Wednesday for allegedly violating the new national security law by participating in unofficial election primaries for the territory’s legislature last year. The mass arrests, including of former lawmakers, were the largest move against Hong…