Asia News

Asia blockchain development is huge. Despite banning the ICO, cryptocurrency and blockchain in China are getting more and more attenttion
US China UN digital economy

USA and China’s Digital Economy Cold War: UN Report shows Superpowers Leading the way

A UN report has shown that the global superpowers of the USA and China are leading the way in the digital economy, perhaps illustrating...
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China Ready For Mainstream Blockchain Adoption

China is moving forward with the adoption of blockchain technology. According to Derwent, in 2019, China is in first place for the number of...

China’s BSN VS RippleNet Cloud: Blockchain Cloud Wars

Ripple has announced that a Brazillian bank became the first financial institution to join in its blockchain cloud service, RippleNet Cloud. Meanwhile, the State...
what is otc trading

OTC Trading in Crypto World with Genesis Block

As the simplest form of trading, OTC trading (Over-the-Counter trading) allows two parties to transact financial instruments without centralized, regulated aspects directly. https://www.youtube.com/watch?v=odGk9TdtnGs For instance,...
Hong Kong Fintech Week

Hong Kong FinTech Week 2019

The hotly anticipated, Hong Kong Fintech Week, is set to return next month with Asia’s biggest financial technology event looking to build upon the...

Weekly Roundup 7-13 October 2019

Our roundup for the past seven days has a mix of market manipulation, regulation, governments indirectly investing in a crypto token sale, and Asia...
unionpay bitcoin prohibition

Chinese UnionPay Issues Warning to Bitcoin OTC Traders

UnionPay, the industry leader for payments within China have issued a "letter on the prohibition of providing payment services for illegal transactions," confirming their...

Plus Token Ponzi Scheme Takes $3 Billion from Asian Victims

“Plus Token”, a cryptocurrency investment scheme has reportedly exited from the industry along with $3 Billion dollars in Cryptocurrencies (Bitcoin, Ethereum, EOS and others). The...
In the past, S. Korean cryptocurrency exchanges had a choice to refund or not to refund funds lost by users in a hack. Although most of the exchanges which suffered a security breach in the past compensated their users for lost funds, compensation was not engraved in their terms and conditions.

S. Korean cryptocurrency exchanges take responsibility for losses from hacks

In the past, S. Korean cryptocurrency exchanges had a choice to refund or not to refund funds lost by users in a hack. Although most of the exchanges which suffered a security breach in the past compensated their users for lost funds, compensation was not engraved in their terms and conditions.
Will china ban bitcoin?

Mithril founder, Jeffrey Huang, featured on Blockchain Insight

Jeffrey Huang, founder of popular social media app Mithril, was recently featured on a Korean television program. The show, called Blockchain Insight, focuses on...
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