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SINOHOPE completed a HK$276 million private placement, and former HashKey executives appeared as the behind-the-scenes subscribers
SINOHOPE completed a HK$276 million private placement, and former HashKey executives appeared as the behind-the-scenes subscribers
SINOHOPE (01611.HK), a Hong Kong-listed company, recently announced that it has reached a subscription agreement with five subscribers to issue a total of 166 million new shares, accounting for 22.08% of the company's enlarged share capital
30 Jun 2025
Redstone Report: RWA tokenization market exceeds $24 billion, becoming the second fastest growing track in the crypto space
Redstone Report: RWA tokenization market exceeds $24 billion, becoming the second fastest growing track in the crypto space
According to an industry report released by Redstone, the tokenization market of real-world assets (RWA) is experiencing rapid growth. Starting from approximately $5 billion in 2022, its market size has soared to more than $24 billion by Ju
30 Jun 2025
BitMart officially applies for virtual asset trading license from the Hong Kong Securities and Futures Commission
BitMart officially applies for virtual asset trading license from the Hong Kong Securities and Futures Commission
According to the latest disclosure on the official website of the Securities and Futures Commission (SFC) of Hong Kong, BitMart, a world-renowned crypto trading platform, has officially submitted an application for a virtual asset trading p
30 Jun 2025
Hong Kong Treasury Secretary: Stablecoins are not a
Hong Kong Treasury Secretary: Stablecoins are not a "tool for making money" and will become an important infrastructure to improve financial efficiency
On June 29, Hong Kong Financial Services and the Treasury Bureau Director Paul Hui emphasized in a TV interview that the development of digital assets is a global trend, and the role of stablecoins should not be misunderstood as a tool for
30 Jun 2025
What are the different features of blockchain 1.0, blockchain 2.0 and blockchain 3.0?
What are the different features of blockchain 1.0, blockchain 2.0 and blockchain 3.0?
Blockchain 1.0, Blockchain 2.0 and Blockchain 3.0 represent different stages of the development of blockchain technology, and they show different characteristics in many aspects.The biggest feature of Blockchain 1.0 is that as the underlyin
28 Jun 2025
Yiwu stablecoin cross-border payment practice: a sample of the integration of small commodity trade and blockchain technology
Yiwu stablecoin cross-border payment practice: a sample of the integration of small commodity trade and blockchain technology
In Yiwu, China, the world's largest small commodity distribution center, stablecoins are penetrating into the cross-border trade payment system at an astonishing scale. According to data from blockchain analysis company Chainalysis, the sca
28 Jun 2025
Musk: Grok 4 is progressing smoothly and is expected to be released after July 4 and will start training for specialized programming models
Musk: Grok 4 is progressing smoothly and is expected to be released after July 4 and will start training for specialized programming models
Elon Musk, founder of Tesla and xAI, posted on the social platform X that he and the xAI team worked overnight and the Grok 4 model has made "good progress" and is expected to be officially released after July 4, 2025.Musk also revealed tha
28 Jun 2025
OSL Group plans to acquire Banxa for approximately HK$486.7 million to build global crypto payment infrastructure
OSL Group plans to acquire Banxa for approximately HK$486.7 million to build global crypto payment infrastructure
OSL Group (formerly known as BC Technology Group, HKEX stock code: 0863), a comprehensive digital asset service provider, recently announced that it intends to acquire 100% of the shares of Banxa Holdings Inc. (TSXV: BNXA), an Australian li
28 Jun 2025
OSL Group plans to acquire Banxa for approximately HK$486.7 million to build global crypto payment infrastructure
OSL Group plans to acquire Banxa for approximately HK$486.7 million to build global crypto payment infrastructure
OSL Group (formerly known as BC Technology Group, HKEX stock code: 0863), a comprehensive digital asset service provider, recently announced that it intends to acquire 100% of the shares of Banxa Holdings Inc. (TSXV: BNXA), an Australian li
22 Jul 2025
Trump administration proposes new policy to support expansion of AI infrastructure
Trump administration proposes new policy to support expansion of AI infrastructure
According to multiple people familiar with the matter, the Trump administration is preparing a series of administrative measures to accelerate the pace of construction of artificial intelligence infrastructure in the United States to cope w
28 Jun 2025