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Hong Kong crypto frenzy, DeFi token surges 550%, NBA China NFTs — Asia Express

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Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong moves bullish On Feb. 20, the Securities and Futures Commission (SFC) of Hong Kong launched a consultation on its proposed regulatory requirements for digital asset trading platforms. The SFC requires the licensing of all cryptocurrency exchanges operating in Hong […]

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Coin Market

Hyperscale Data ends Michigan BTC mining as holdings fall 79%

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Hyperscale Data’s Bitcoin holdings have fallen about 79% since late July to 215 BTC as it redirects capital toward its Michigan AI data center.

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Coin Market

US officials work with CrowdStrike to fight malware behind crypto theft

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Federal authorities and private-sector partners were part of an operation to disrupt malware that redirected about $150,000 in crypto over the last eight years.

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Coin Market

Coinbase launches regulated crypto derivatives in Canada

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Coinbase is offering eligible Canadian traders perpetual and dated futures with up to 10x leverage as major US trading platforms expand their crypto presence in Canada.

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