Hong Kong police arrested two individuals related to local crypto exchange AAX The arrest comes more than a month after the exchange suspended withdrawals citing system maintenance Two executives of t...
Tag: KongBased
Hong Kong-based Q9 Wins Approval To Run Crypto Services In Dubai
The Hong Kong-based crypto investment firm Q9 Capital secures its provisional license from the VARA regulatory to operate in the UAE. The platform joins the list of other big names like Binance, Crypt...
(Rejected) Citi Ventures Makes First Crypto Investment in Hong Kong-Based Digital Asset Manager
Xalts, a Hong Kong-based digital-asset management firm, has raised US$6 million in a capital financing round co-led by Citi Ventures and a California-based venture-capital firm Accel. While this is t...
Founder of Crypto Exchange Giant Huobi Sells His Shares to Hong Kong-Based Asset Manager
Huobi founder Leon Li is selling his shares in the crypto exchange to Hong Kong-based asset manager About Capital Management. Li was a controlling shareholder in the company and sold 100% of his holdi...
Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi – Bitcoin News
Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-base...
Huobi To Be Acquired by Hong Kong-Based VC Firm About Capital
Huobi Global announced on Friday that it has agreed to be bought by Hong Kong-based investment company About Capital Management’s M&A fund. Leon Li Lin, the Chinese founder of Seychelles-bas...
Huobi will be acquired by Hong Kong-based About Capital Management
Huobi will sell a majority stake to Hong Kong-based investment company About Capital Management, Huobi announced in a blog post. As the change in ownership occurs, there will be no impact on the excha...
Hong Kong-Based About Capital Acquires Huobi
Asian crypto exchange Huobi has announced that its controlling shareholder has completed the transaction, selling its entire stake to About Capital. Although financial terms around the deal have not ...
STEPN to Set up Regional Headquarters in Hong Kong-Based Business Park
Popular move-to-earn platform STEPN is set to establish its regional headquarters in the Hong Kong government-owned business park, Cyberport, the South China Morning Post reported on Monday. STEPN Exp...
Hong Kong-based crypto platform Hoo.com suspends withdrawals
Hong Kong based crypto platform Hoo.com has suspended withdrawals, days after the collapse of crypto hedge fund Three Arrows Capital, and other cryptocurrency platforms in Hong Kong have suspended wit...
Hong Kong-Based Crypto Firm Suspends Withdrawals Less Than a Month After Closing $80,000,000 Funding Round
A Hong Kong-based crypto financial service provider is freezing withdrawals within weeks of closing a multi-million-dollar funding round. Babel Finance, which primarily works with institutional invest...
Crypto Suffers Another Beating: Hong Kong-Based Babel Finance Halts Withdrawals
Babel Finance, based in Hong Kong, has temporarily halted withdrawals and redemptions of crypto assets on Friday, as the lender struggles to pay its investors as the ongoing bear market deals a heavy ...
Hong Kong-based Grand Cru Cellar to Offer First Redeemable Wine NFT in Asia
Hong Kong-based wine importer and distributor Grand Cru Cellar (GCC) has announced plans to enter the non-fungible token (NFT) industry. Following the completion of the plan, GCC will become the first...
Hong Kong-Based Crypto Startup Babel Finance Hits $2B Valuation After Raising $80 Million
Hong Kong-based crypto financial services provider Babel Finance has raised $80 million in a Series B funding round at a $2 billion valuation. Babel Hits $2B Valuation The round was led by global inve...
A Hong Kong-based firm Arta TechFin is seeking to recover by providing crypto financing
TL;DR Breakdown Arta TechFin, a Hong Kong-based corporation, aims to provide cryptocurrency-enabled financial services. In its latest venture, the firm aspires to become a “hybrid finance” player. Art...
Report: Hong Kong-based Coinsuper clients unable to withdraw funds, tokens
Hong Kong-based cryptocurrency exchange Coinsuper is reportedly hit by frozen funds. A report by Bloomberg noted that customers are unable to withdraw money or tokens from the exchange, pushing some o...
Hong Kong-based Coinsuper allegedly blocks customers’ withdrawals
A cryptocurrency exchange in Hong Kong has reportedly stopped all withdrawal requests, according to reports. Coinsuper is the sole crypto firm in China that is licensed by the government, and was foun...