Hong Kong gave nod to its first exchange-traded fund (ETF) that tracks the performance of the cryptocurrency token Solana, before the US, as the city aims to establish its status as a digital asset hub, according to a report by South China Morning Post. ChinaAMC (HK), the Hong Kong division of Chinese fund manager China…
By Frank, PANews Solana Saga, the Web3 mobile phone once highly anticipated by the industry, saw its technical support terminated just two years after its release. It went from being largely ignored to a buying frenzy sparked by its airdrop, and then to its abrupt closure, rendering the devices of 20,000 early adopters practically “electronic…
A subsidiary of Fosun International this week marked a new milestone in bringing traditional financial instruments onto a blockchain infrastructure, which it touted as Asia’s first “comprehensive” technical solution for stock performance-linked tokens. Fosun Wealth Holdings-backed start-up Finloop Finance Technology Holding collaborated with FinChain, a Web3 brand under Fosun Wealth, in creating the new solution…
Trading of BNB on OSL was strictly limited to institutional investors with a portfolio of at least HK$8 million (US$1.02 million), who are allowed to trade the token with US dollars as well as the world’s two largest stablecoins, USDT and USDC. In a post on X on Wednesday, Zhao – also known as CZ…
Topline A new meme coin launched by President-elect Donald Trump on Friday has hit a market capitalization of $13 billion, marking Trump’s latest venture into cryptocurrency and merchandise sales in the lead-up to his inauguration. The president-elect’s latest venture into crypto comes just days before his inauguration. Getty Images Key Facts Trump announced the launch…
Topline A new meme coin launched by President-elect Donald Trump on Friday has eclipsed a market capitalization of $5 billion, marking Trump’s latest venture into cryptocurrency and merchandise sales in the lead-up to his inauguration. The president-elect’s latest venture into crypto comes just days before his inauguration. Getty Images Key Facts Trump announced the launch…