Hong Kong

Major Bitcoin Cash (BCH) Mining Group Proposes Block Rewards Dev Fund (blockonomi.com) 01/23/2020 - 9:51am
Thanks to insufficient incentives, i.e. secure pay, adequately funding open-source software (OSS) development can be extremely difficult for any project community. As a software-centric field, the blockchain arena is most certainly not immune to this dynamic. Toward the problem of OSS funding, various blockchain communities have recently and...
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Critical Details Emerge in Proposed Bitcoin Cash Infrastructure Coinbase Reward Funding Plan (coinspice.io) 01/23/2020 - 9:25am
TL;DR: Prompted by CoinSpice co-founder Jake Smith , influential mining pool operator Jiang Zhuoer of BTC.TOP answered questions from the Bitcoin Cash (BCH) community regarding his ambitious announcement on how to fund BCH infrastructure development. It’s arguably the most important initiative in the peer-to-peer electronic cash project’s history...
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In first, the World Economic Forum issues framework for central bank digital currencies (theblockcrypto.com) 01/23/2020 - 8:15am
The World Economic Forum (WEF), an international organization committed to improving the state of the world, has for the first time developed a framework for central bank digital currencies (CBDCs). The framework, dubbed the “CBDC Policy‑Maker Toolkit,” provides a guide for central banks around the world to help them decide if CBDC is right for...
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This Bitcoin Fork’s Funding Proposal is Drawing Serious Criticism (bitcoinist.com) 01/23/2020 - 3:30am
A bizarre infrastructure funding proposal for Bitcoin’s foremost offshoot, BCH has landed it the ‘centralized crypto’ label from the community. Bitcoin Cash Mining Tax A controversial funding proposal from the CEO of the largest BCH mining pool has raised concerns of centralization among the wider crypto community. Jiang Zhuoer, boss of the BTC...
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Hong Kong and Thai central bank set to test digital currencies in real-world setting after successfully completing first phase (scmp.com) 01/22/2020 - 5:24pm
Hong Kong Monetary Authority and Bank of Thailand launched Project LionRock-Inthanon to study a blockchain-backed cross-border payment platform in November HKMA wants to expand the blockchain network ...
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Bitcoin Cash miners propose 12.5% share of block rewards to support ecosystem (theblockcrypto.com) 01/22/2020 - 3:27pm
Jiang Zhuoer, CEO of BTC.TOP, the largest mining pool on Bitcoin Cash, announced a proposal through a blog post that would redirect 12.5% of Bitcoin Cash Coinbase block rewards to a development fund. The fund is a Hong Kong corporation that has been set up to legally accept and disperse funds and would be provided funding for six months to support...
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Hong Kong and Thai central bank set to test digital currencies in real-world setting after successfully completing first phase (ph.news.yahoo.com) 01/22/2020 - 2:30pm
Now, the city’s de facto central bank wants to invite more banks to take part in the next stage of Project LionRock-Inthanon – real-world testing of the blockchain-backed digital currency in ...
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UPDATE 1-Hong Kong, Thai central banks closer to using digital currencies for cross-border payments (uk.reuters.com) 01/22/2020 - 12:22pm
Many central banks are looking into the potential for CBDCs — money but in digital form. They differ from cryptocurrencies like bitcoin, which are produced by solving complex math puzzles and governed ...
Altcoins, bing.com, Bitcoin, Hong Kong, Mainstream Media, uk.reuters.com
Bitcoin Cash Mining Pools to Implement Infrastructure Fund: 12.5% of BCH Coinbase Rewards (coinspice.io) 01/22/2020 - 11:54am
TL;DR: Influential mining pool operator BTC.TOP and its founder, Jiang Zhuoer, announced in response to Bitcoin Cash infrastructure concerns BTC.TOP, Antpool, BTC.com, ViaBTC, Bitcoin.com are launching a dedicated fund. Designed to last six months and to begin in conjunction with the scheduled BCH May 15th, 2020 upgrade, it hopes to raise more...
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UPDATE 1-Hong Kong, Thai central banks closer to using digital currencies for cross-border payments (in.reuters.com) 01/22/2020 - 11:50am
They differ from cryptocurrencies like bitcoin, which are produced by solving complex math puzzles and governed by disparate online communities instead of a centralised body. Previous studies have ...
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Hong Kong, Thai c.banks move towards digital currencies for cross border payments (sg) 01/22/2020 - 11:04am
They would differ from cryptocurrencies like bitcoin which are produced by solving complex math puzzles, and governed by disparate online communities instead of a centralised body. Most projects are ...
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Coronavirus Could Kill Financial and Tourism Sectors in China while First U.S. Case Recorded (coinspeaker.com) 01/22/2020 - 9:07am
Coinspeaker Coronavirus Could Kill Financial and Tourism Sectors in China while First U.S. Case Recorded A quick solution is needed to curb the spread of the coronavirus in China. The Chinese government will have to work extra-hard with all health authorities to tackle the outbreak expediently. This is because the country’s economy will soon begin...
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Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments (cointelegraph.com) 01/22/2020 - 8:39am
Hong Kong and Thailand’s central banks have piloted a Corda-based CBDC project for cross-border payments
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Bitmain, Roger Ver, Kraken Case: Judge Shows No Mercy to United Corp (bitcoinist.com) 01/22/2020 - 8:30am
US Judge McAliley has denied United Corp’s request for an extension to serve accusations to Bitmain and its CEO, Jihan Wu, citing the plaintiff has more than enough time to send the necessary documents across. Bitmain and Others Get a Lucky Break The US court appears to getting fed up with the plaintiff in the high profile lawsuit against Bitmain...
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Hong Kong, Thailand Central Banks Mull Over Digital Currencies (financemagnates.com) 01/22/2020 - 6:49am
Multiple central banks recently formed a consortium to study CBDC.
financemagnates.com, financemagnates.com, Hong Kong, Thailand
Hong Kong, Thai Central Banks Closer to Using Digital Currencies for Cross-Border Payments (nytimes.com) 01/22/2020 - 3:01am
to make payments between the two countries more efficient, the banks said on Wednesday. The Asian banks' work, part of a project begun in July, comes a day after the central banks of Britain, the euro ...
bing.com, Hong Kong, nytimes.com
China Coronavirus Is Killing Global Stock Market and May Lead to Its Serious Correction (coinspeaker.com) 01/22/2020 - 2:37am
Coinspeaker China Coronavirus Is Killing Global Stock Market and May Lead to Its Serious Correction It seems that the Asian market went down because of the “health reasons” The number of people who seems to be infected has been tripled during the three days over the weekend. It all started in the province of Wuhan and then went on to the other...
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Hong Kong, Thai central banks closer to using digital currencies for cross-border payments (zawya.com) 01/22/2020 - 1:57am
Many central banks are looking into the potential for CBDCs -- money but in digital form. They differ from cryptocurrencies like bitcoin, which are produced by solving complex math puzzles and ...
Altcoins, bing.com, Bitcoin, Hong Kong, zawya.com
Thailand’s and Hong Kong’s central banks join up to study CBDCs (invezz.com) 01/22/2020 - 1:45am
They are digital, and they are imagined as currencies, but the ‘real’ cryptocurrency, such as Bitcoin, is imagined to be decentralized. This is not the case with CBDCs, which would be under ...
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UPDATE 1-Hong Kong, Thai central banks closer to using digital currencies for cross-border payments (reuters.com) 01/21/2020 - 11:44pm
The Hong Kong and Thai central banks have moved a step closer to being able to use central bank digital currencies (CBDCs) to make payments between the two countries more efficient, the banks said on ...
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Hong Kong, Thai central banks closer to using digital currencies for cross-border payments (ottawacitizen.com) 01/21/2020 - 10:47pm
The technology partner was R3, which operates the Corda blockchain platform. ($1 = 7.7715 Hong Kong dollars) (Reporting by Alun John; editing by Kim Coghill, Larry King) Military equipment to be ...
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Hong Kong and Thai central banks report back on digital currency trials (finextra.com) 01/21/2020 - 10:34pm
With the use of blockchain technology, the innovative and unique solution not only addresses different technical issues in practical applications but also offers good references to the central banking ...
bing.com, Blockchain, Digital Currency, finextra.com, Hong Kong
Hong Kong, Thai Central Banks Move Towards Digital Currencies for Cross Border Payments (nytimes.com) 01/21/2020 - 9:52pm
Hong Kong and Thailand’s central banks said on Wednesday that they had moved a step closer to issuing digital currencies that could be used to make payments between the two countries far more ...
bing.com, Hong Kong, nytimes.com, Thailand
Hong Kong, Thai central bank move towards digital currencies for cross border payment (english.kontan.co.id/news/hong-kong-thai-central-bank-move-towards-digital-currencies-for-cross-border-payment) 01/21/2020 - 9:45pm
They would differ from cryptocurrencies like bitcoin which are produced by solving complex math puzzles, and governed by disparate online communities instead of a centralised body. Most projects are ...
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Hong Kong, Thai c.banks move towards digital currencies for cross border payments (leaderpost.com) 01/21/2020 - 9:19pm
They would differ from cryptocurrencies like bitcoin which are produced by solving complex math puzzles, and governed by disparate online communities instead of a centralized body. Most projects ...
Altcoins, bing.com, Bitcoin, Centralized, Hong Kong, leaderpost.com
Hong Kong, Thai Central Banks Move Towards Digital Currencies for Cross Border Payments (usnews.com) 01/21/2020 - 8:54pm
Many central banks around the world are looking into building CBDCs, traditional money but in digital form. They would differ from cryptocurrencies like bitcoin which are produced by solving complex ...
Altcoins, bing.com, Bitcoin, Hong Kong, usnews.com
Hong Kong, Thai central banks move towards digital currencies for cross border payments (uk.reuters.com) 01/21/2020 - 8:49pm
They would differ from cryptocurrencies like bitcoin which are produced by solving complex math puzzles, and governed by disparate online communities instead of a centralized body. Most projects ...
Altcoins, bing.com, Bitcoin, Centralized, Hong Kong, Mainstream Media, uk.reuters.com
China's blockchain startup eyes tokenized green asset investment platform (en.ce.cn) 01/21/2020 - 6:56pm
Hong Kong-based blockchain startup New Power Foundation Ltd. is working to roll out a public blockchain platform that allows worldwide investors to invest in green energy projects in various countries ...
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Amazon brings AWS Outposts to 7 new regions (e-cryptonews.com) 01/21/2020 - 4:56pm
Amazon Web Services on Tuesday announced that AWS Outposts is now available in seven new regions, including regions in Canada, Bahrain, Singapore and Hong Kong. The service is now avialable in a total of 13 regions across 11 countries. AWS Outposts is effectively a hybrid IT service. Customers can run compute and storage on premise, with fully-...
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Huobi launches brokerage platform as attracting institutional investments becomes priority (theblockcrypto.com) 01/21/2020 - 1:42pm
Huobi Group, the parent company of cryptocurrency exchange Huobi, is expanding into the brokerage business as it prioritizes attracting institutional investors. Named Huobi Brokerage, the new service was announced on Tuesday at the World Economic Forum in Davos. The platform is live now at almost all regions where the Huobi exchange has a presence...
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Coinsbit Organizes the Largest Blockchain Conference in History (finance.yahoo.com) 01/21/2020 - 11:54am
HONG KONG, Jan. 21, 2020 /PRNewswire/ -- On January 15, in Hong Kong, the team of Coinsbit cryptocurrency exchange organized the largest blockchain conference in the history of such events. The ...
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Coinsbit Organizes the Largest Blockchain Conference in History (prnewswire.com) 01/21/2020 - 3:48am
/PRNewswire/ -- On January 15, in Hong Kong, the team of Coinsbit cryptocurrency exchange organized the largest blockchain conference in the history of ...
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Swiss Digital Bank SEBA Looks to Raise Another $100 Million (thetokenist.io) 01/20/2020 - 8:13pm
As of mid-January 2020, Swiss digital bank SEBA is looking to raise 100 million Swiss francs, equivalent to approximately $103 million USD. The bank previously raised 100 million Swiss francs but will soon initiate a second round of funding to further develop “a universal bank for the new economy”. Switzerland-based SEBA’s Fundraising Explained...
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CHAIN2020 Becomes the Largest Blockchain Educational Event Ever (techbullion.com) 01/20/2020 - 6:21am
This week the major event in the blockchain industry CHAIN2020 brought together more than 15 000 guests and world-renowned speakers in Hong Kong with a shared mission to accelerate blockchain adoption ...
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GSR Matrix Fund Launches Investment Plan of Global Sustainable Development Digital Economy (coinspeaker.com) 01/20/2020 - 5:06am
Coinspeaker GSR Matrix Fund Launches Investment Plan of Global Sustainable Development Digital Economy On January 15th, 2020, the United Nations Sustainable Development Blockchain Forum was held at the UN headquarters in New York. The forum was jointly organized by the United Nations Department of Economic and Social Affairs, the United Nations...
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How Was It Possible for Bitmain to Oust Its Largest Shareholder Overnight? (e-cryptonews.com) 01/20/2020 - 2:00am
Co-founder Ketuan “Micree” Zhan was stripped of his director role at not only Beijing Bitmain Technology, but the cryptocurrency miner maker’s parent entity, BitMain Technologies Holding Company, corporate records show. A filing of the Cayman Islands–incorporated holding company, submitted Dec. 10, reveals that Zhan’s role as a board director was...
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TOP CRYPTO TWEETS: BTC Maxis Turn Against Lightning Network, and the Irony is Noted (coinspice.io) 01/18/2020 - 12:54pm
TL;DR: CoinSpice scours the Twittersphere to shine light upon the top crypto tweets of the week . BTC maxis are beginning to turn against Lightning Network after dividing the ecosystem over it for years. Saifedean Ammous is back and posting his heart out. Gym Friend live stream interview called out for being moon-landing great. A crazy, wonderful...
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Why ‘lucky money’ red packets are unlikely to disappear in Hong Kong, despite rise of electronic lai see (scmp.com) 01/17/2020 - 4:37pm
As of March 2019, AlipayHK had more than 2 million users and covered over 50,000 local retail outlets. Jennifer Tan, its chief executive, says e-lai see is one of multiple features – including ...
bing.com, Hong Kong, scmp.com
Swiss Crypto Bank SEBA Plans New $96.5M Funding Round (bitcoinist.com) 01/17/2020 - 10:00am
Less than six months after securing its banking license to provide financial products to the cryptocurrency industry, Swiss crypto bank SEBA is seeking 100m Swiss Francs ($96.5m) in fresh capital. Swiss Crypto Bank SEBA Serves a Growing Market According to a report in Financial News, the newly inaugurated crypto bank is looking to raise funds from...
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Swedish Crypto Exchange BTCX Plans IPO in 2020 (e-cryptonews.com) 01/17/2020 - 9:47am
One of the oldest cryptocurrency exchanges in Scandinavia wants to go public later this year, hoping it will enable traditional investors to participate in “new finance.” Oskar Soderstrom, CEO of Stockholm-based BTCX, confirmed to CoinDesk that they are looking to deliver an initial public offering (IPO) before the end of Q3 2020. Corporate...
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Two Prime’s FF1 Token: New Asset Class with ‘Continuous’ ICO Model (coinspeaker.com) 01/17/2020 - 5:12am
Coinspeaker Two Prime’s FF1 Token: New Asset Class with ‘Continuous’ ICO Model Recently, Hong Kong saw setting up a new fintech startup Two Prime that focuses on the financial application of crypto by introducing a diversified investment model. As a new startup, Two Prime is trying to surprise the world and offer ingenious ideas. Yesterday, the...
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Deribit Takes On New Trading Tools to Capture ‘Exploding’ Options Market (e-cryptonews.com) 01/16/2020 - 7:54pm
Amid increasing activity within the crypto derivatives market, software maker Trading Technologies (TT) announced Wednesday it would provide trading tools to users of leading crypto exchange, Deribit. Included in the suite are advanced order types, charting and analytics as well as access to a feature allowing users to create algorithms for bot...
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Circle Fund Poised to Capitalize on Renewed Market Strength in 2020 and Beyond (jcnnewswire.com) 01/16/2020 - 4:15pm
HONG KONG, Jan, 17 2020 - (ACN Newswire) - Asia's first fully compliant crypto hedge fund, Circle Fund, is poised to capitalize on renewed strength in the global cryptocurrency markets. Circle employs ...
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Deribit Takes On New Trading Tools to Capture ‘Exploding’ Options Market (coindesk.com) 01/16/2020 - 1:17pm
Jehan Chu, co-founder and managing partner of Kenetic, a Hong Kong-based blockchain investment and trading firm said TT’s connection to Deribit was a “massive show of confidence” for the “exploding” ...
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