Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong-based Mixin Network, a blockchain protocol aiming to tackle scalability challenges, has fallen victim to a massive cyberattack resulting in losses nearing $200 million. The cyber heist, which is considered the largest of its kind this yea...
Bitcoin News / Bitcoinist - 1 year ago
Hong Kong’s aspiration to become a global virtual asset hub has suffered a significant setback with the unraveling of the JPEX scandal. This controversy has not only shaken investor confidence in cryptocurrencies but has also cast a pall over t...
Cryptocoins News / The Cointelegraph - 1 year ago
While Thai regulators aim to tax crypto earned overseas, Brazilian lawmakers seek to protect it from seizure. Hong Kong regulators are looking to tighten the noose aro...
Cryptocoins News / Blockchain - 1 year ago
Hong Kong's SFC has provided a detailed timeline of its investigation into the fraudulent activities of the unlicensed virtual asset trading platform JPEX. Despite the ongoing case, SFC CEO Leung Fung-yee reaffirms that Hong Kong's commitment to deve...
Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong’s Securities and Futures Commission (SFC) is bringing transparency following the arrests involving JPEX with the publication of the list of all virtual asset trading platforms (VATPs) applicants. It will also “enhance and issue a dedicated...
by COINS NEWS - 1 year ago
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Cryptocoins News / The Cointelegraph - 1 year ago
In the wake of the ongoing JPEX scandal, the Hong Kong Securities and Futures Commission says it will issue a public list of suspicious crypto trading platforms. One...
More / Bitcoin Reddit - 1 year ago
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by COINS NEWS - 1 year ago
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Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong influencer Joseph Lam has disassociated himself from the crypto platform JPEX, denying any allegation in the unfolding investigation of the exchange. Lam held a press conference yesterday (Friday), revealing that he had not only closed hi...
Bitcoin News / Bitcoin.com - 1 year ago
Bitmain, a leading bitcoin mining rig manufacturer, has introduced the newest addition to its Antminer products: the S21 series. The newest models have an efficiency rating under 20 joules per terahash (J/T) and produce between 200 terahash per secon...
Cryptocoins News / The Cointelegraph - 1 year ago
Bankrupt crypto exchange FTX has opened a lawsuit against former employees of its Hong Kong affiliate company, Salameda, to recover $157.3 million. Defunct cryptocurre...
by COINS NEWS - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
The Hong Kong Monetary Authority said on Sept. 10 that crypto firms presenting themselves as banks are in contravention of the region’s Banking Ordinance. The HKMA argued such descriptions “may mislead members of the public into believing...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency landscape has been constantly evolving, with nations around the world taking various stances on its integration. Which country is, however, the most 'ready' for full adoption of digital assets? According to the latest report by For...
Cryptocoins News / The Cointelegraph - 1 year ago
The JPEX fraud saga began last week when the SFC revealed it had received 1,400 complaints against the exchange regarding fraud, withdrawal freezes and declining wallet balances....
Cryptocoins News / Finance Magnates - 1 year ago
After just three months of easing cryptocurrency regulations in Hong Kong, authorities are already discussing tightening them again. In the wake of alleged fraud at JPEX, an unlicensed cryptocurrency exchange in the Chinese special administrative reg...
by COINS NEWS - 1 year ago
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Bitcoin News / Bitcoinist - 1 year ago
Crypto firms in Hong Kong have received a stern warning from the Hong Kong Monetary Authority (HKMA), urging them to refrain from using the term “bank” in their operations unless they hold the status of an authorized institution. The reg...
by COINS NEWS - 1 year ago
submitted by /u/Upper_Swimmer3336 [link] [comments]
Bitcoin News / Bitcoinist - 1 year ago
Former lawyer and crypto influencer Joseph Lam has been apprehended by the Hong Kong Police for allegedly associating with troubled cryptocurrency exchange JPEX. A local media outlet reported, citing sources familiar with the case, that the police ar...
Cryptocoins News / The Cointelegraph - 1 year ago
Hong Kong police reportedly arrested crypto influencer Joseph Lam (Lin Zuo), who goes by the username “jolamchok” on Instagram, for his association with crypto exchange JPEX....
by COINS NEWS - 1 year ago
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by COINS NEWS - 1 year ago
A Hong Kong Legislative Council member has assured Ethereum co-founder Vitalik Buterin that the friendly cryptocurrency policies in Hong Kong are “very stable.” In response to Buterin’s comments expressing his unfamiliarity with Hon...
Cryptocoins News / CoinJournal - 1 year ago
The probe into JPEX has resulted in the arrest of one person. The JPEX exchange has allegedly been operating in the country without a license. JPEX’s native token, JPC, has experienced a 21.98% decline in value over the past 24 hours following...
