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Hong Kong’s annoying new ‘travel rule’, $1.14B of 3AC’s assets frozen: Asia Express

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Hong Kong attracts 210 crypto companies despite its very annoying new travel rule, $1.1B of 3AC’s assets frozen, and more in Asia Express.

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Surprise nonfarm payrolls print sends Bitcoin back below 80K

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The US economy added far more jobs than expected in August, pressuring Bitcoin lower as traders repriced the odds of a Federal Reserve rate cut this month.

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Coin Market

Pineapple Financial puts $1B in mortgage records on Injective

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The mortgage lender plans to bring more than $10 billion in historical loans onchain, turning thousands of mortgage files into blockchain-based records.

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Coin Market

FinCEN ties $13B in crypto scams to non-US operations

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The agency reported that “transnational criminal organizations” based in compounds in Southeast Asia were largely behind digital asset scams targeting US residents.

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