XRP Tracker Fund Unleashed in Asia With Ripple Driving Capital and Strategy

An XRP Tracker Fund has launched in Asia, opening the floodgates for institutional investors to tap into XRP’s explosive growth and Ripple’s game-changing blockchain strategy. XRP Tracker Fund Goes Live in Asia—Ripple Drives Strategy as Investor and Trusted Advisor Digital asset management firm Hashkey, a major player in Asia’s blockchain investment space, announced a significant … Read more

Bosera Hashkey Ether ETF Gains SFC Nod for Ethereum Staking

Hong Kong’s Securities and Futures Commission (SFC) has approved the Bosera Hashkey Ether exchange-traded fund (ETF) to engage in ethereum staking, marking a first for the Asia-Pacific region. Milestone for Hong Kong: Ether ETF Cleared for Staking Activities The Bosera Hashkey Virtual Asset Ether ETF (stock codes: 3009.HK/9009.HK), jointly managed by Bosera International and Hashkey … Read more

Hong Kong’s SFC Issues Staking Guidance for Crypto Exchanges and Funds

The Securities and Futures Commission (SFC) of Hong Kong has issued new regulatory guidance for licensed virtual asset trading platforms (VATPs) and SFC-authorized virtual asset funds (VA Funds) regarding the provision and engagement in staking services. Recognizing the potential benefits of staking for enhancing blockchain security and allowing investors to earn yields, the SFC’s guidance … Read more

Tron Founder: First Digital Trust Situation ‘Significantly Worse’ Than FTX

Tron founder Justin Sun has compared the controversy surrounding First Digital Trust to that of FTX before its collapse but insists the former’s case is “significantly worse.” The FTX Comparison Tron blockchain founder Justin Sun has compared First Digital Trust’s (FDT) situation, following its reported “unauthorized” transfer of $456 million from TUSD’s custodial funds, to … Read more

$50 Million Bounty Offered by Tron’s Justin Sun to Recover Stolen Trueusd Reserves

Tron founder Justin Sun has announced a $50 million bounty for information to help recover $456 million in misappropriated Trueusd stablecoin reserves. Sun Blames Licensed Intermediaries Tron founder Justin Sun has announced a $50 million bounty for information that will aid in the recovery of $456 million in misappropriated Trueusd stablecoin reserves. Sun stated that … Read more

Hong Kong Approves World’s First Tokenized Money Market ETF by Hashkey and Bosera

Hashkey Group and Bosera have secured approval from Hong Kong’s SFC to launch the world’s first tokenized money market ETF. This milestone marks a significant step in integrating blockchain with traditional finance, improving transparency and liquidity. Hashkey and Bosera Introduce the First Tokenized Money Market ETF Hashkey Group, in collaboration with Bosera, has successfully launched … Read more

China AMC Launches ‘First’ Retail Tokenized Fund in APAC

China Asset Management has launched the first retail tokenized fund in the Asia Pacifi (APAC) region. Broadening Investor Base The Hong Kong investment firm China Asset Management recently launched a tokenized fund known as the China AMC HKD Digital Money Market Fund. The fund, which primarily invests in Hong Kong dollar (HKD)-denominated short-term deposits and … Read more

Infini Hacked: $49M in USDC Stolen, Admin Privileges Exploited

Infini, a Hong Kong stablecoin neobank, confirmed a $49 million hack due to exploited administrative privileges, just days after a massive breach at Bybit. Infini: Runway Still Solid The Hong Kong stablecoin neobank, Infini, confirmed on Feb. 24 that hackers breached its platform and investigations were underway. In a statement shared via X, the neobank … Read more

Hong Kong-Listed HK Asia Holdings Increases Its Bitcoin Investment to 8.88 BTC

HK Asia Holdings Limited has announced a further investment in bitcoin, purchasing approximately 7.88 BTC for around $761,000 on February 20, 2025. This decision follows a previous investment disclosed on February 16, 2025, and brings the company’s total Bitcoin holdings to approximately 8.88 BTC, with an average cost of about $97,000 per unit. The number … Read more

Binance Teams up With Hong Kong Law Enforcement to Fight Digital Asset Threats

Binance is strengthening crypto security with Hong Kong police, enhancing collaboration to combat cybercrime and financial threats in the blockchain industry. Binance Strengthens Cybercrime Collaboration With Hong Kong Police Crypto exchange Binance revealed on Feb. 20 that CEO Richard Teng recently met with Raymond Lam Cheuk Ho, Chief Superintendent of the Cyber Security and Technology … Read more