Category: Featured Articles (English)
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Whale Alert: Is NFT Summer Making a Comeback?
NFT market activity surged this week, with total market cap surpassing $6B and 24h trading volume jumping nearly 40%.
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China's Blockchain Bet? Conflux Joins Offshore RMB Stablecoin Pilot, CFX Soars 100% in a Day
At its July 20 conference in Shanghai, Conflux Network unveiled plans to launch version 3.0 in August.
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Hong Kong's Stablecoin & Tokenized Asset Push: A New Era Ahead?
With the Stablecoin Issuance Guidelines expected to take effect next month, Secretary for Financial Services and the Treasury Christopher Hui said the first phase will issue a limited number of licenses, prioritizing projects with real-world applications.
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Pudgy Penguins: From Profile Pics to the New Face of Finance
If you've been scrolling through X (formerly Twitter) recently, you may have noticed a curious trend: major players in the crypto space—exchanges, wallets, payment platforms, and even legacy financial institutions—have all swapped their profile pictures for a chubby cartoon penguin.
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Bitcoin Hits New ATH Above $123K — But Where Are the Retail Investors?
On July 14, Bitcoin hit a new all-time high of $123,153, pushing its market cap past $2.43 trillion — surpassing Amazon, and now trailing only Nvidia, Apple, and Microsoft.
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Octopus Joins Stablecoin Accelerator as Advisor — Exploring What Web3 Loyalty Could Look Like in Hong Kong
Hong Kong-based fintech firm IDA has announced a new concept-stage accelerator program in collaboration with Brinc , XDC Network , and Octopus Holdings Limited.
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China's RMB Stablecoin Vision Takes Shape — With Shanghai and Hong Kong Leading the Charge
As Hong Kong prepares to implement its new Stablecoin Regulatory Regime on August 1, momentum is building on both sides of the border. Recent signals from China’s central bank and top financial think tanks point toward a coordinated model that links onshore innovation in Shanghai with offshore experiments in Hong Kong.
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Major Stablecoin Scam Rocks Mainland China — Founder of Xin Kang Jia Flees with Over 13 Billion RMB
A massive stablecoin scam has just shaken mainland China. Claiming to be a "Middle East financial giant" and the "China branch of Dubai Gold & Commodity Exchange (DGCX)," Xin Kang Jia was exposed for illegal fundraising, with nearly 2 million members reportedly affected.
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FTX Compensation Crisis: Chinese Users Face Risk of Losing Claims
FTX creditor representative Sunil recently shared updates on social media, revealing that out of an estimated $11 billion in total claims, around $470 million belong to restricted jurisdictions. Among these, Chinese investors hold the largest share, with $380 million in claims—accounting for 82% of the restricted total—making this one of the most critical issues in…
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Hong Kong Takes the Lead: Spot Ethereum ETF Staking Approved
While U.S. regulators continue to debate staking provisions, Hong Kong’s Securities and Futures Commission (SFC) has moved swiftly—on April 10, 2025 it greenlit staking services for spot Ethereum (ETH) ETFs, with HashKey Exchange rolling out the first offering. This pioneering decision not only underscores Hong Kong’s forward‑looking Web3 regulatory approach but also cements its status…