Tag: Hong Kong

Funding to Institutional Investments and Trading companies look set to fall...

The first three quarters of 2017 saw only $518.2m of funding to Institutional Investments & Trading companies, 71% of the total investment in 2016.Total...

Bitfinex resumes trading following $77m hack

Bitcoin exchange Bitfineix is up and running again after last week suffering a security breach that saw 19,756 bitcoins stolen from users’ accounts.

WeLab lands $25m credit facility for online loans

WeLab is proving that despite negative press and tough new regulations in the region, investors still see big potential in the space landing a $25m credit facility note from Dutch bank ING.

Bitspark brings blockchain-based remittances to Malaysia

Bitspark, a Hong Kong-based remittance service that leverages bitcoin and blockchain technology is partnering with direct marketing and e-commerce firm Vitaxel

Bitfinex takes 36% from all users to compensate for $71m hack

Hong Kong-based bitcoin exchange Bitfinex is opting to split the cost of the $71m theft it suffered last week across all of its users.

Gatecoin secures £500,000 to relaunch from bitcoin hack

Hong Kong-based regulated cryptocurrency trading platform Gatecoin is attempting to bounce back from a crippling hack with a $500,000 investment from an unnamed Japanese investment group.

Bitcoin dives 20% following $77m hack

The value of bitcoin slumped 20% following the $77m hack of Bitfinex, one of the most-popular cryptocurrency exchanges.

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