Recently disclosed in a regulatory statement, Hong Kong-based Boyaa Interactive International Limited announced its plan to acquire cryptocurrency assets valued at up to $ 100 million. This publicly listed entity, known for developing and managing online card and board games through its various subsidiaries, aims to channel some investments into bitcoin (BTC), ethereum (ETH), …
In a recent development, Terraform Labs has completed the acquisition of Pulsar Finance, a firm specializing in cross-chain analytics and portfolio management. The acquisition occurs as Terraform’s former CEO Do Kwon remains incarcerated in Montenegro and a U.S. Securities and Exchange Commission (SEC) lawsuit alleging multi-billion dollar fraud hangs over his head. Pulsar Finance …
Critics are currently roasting economist Nouriel Roubini, whose disdain for cryptocurrency is well-documented, as his company Atlas Capital announces its venture into the very market he once scorned. The firm is rolling out a crypto asset token crafted to combat the “negative effects of climate change,” marking a significant shift from Roubini’s previous stance when […]
British banking giant Standard Chartered-owned crypto custody firm Zodia is launching services in Hong Kong. “The Hong Kong government and the regulators see digital assets as the future and also want Hong Kong to be a hub,” the crypto firm’s CEO emphasized. Zodia has already expanded into three other Asian markets. Standard Chartered’s Zodia Expanding […]
According to reports, the operators of a Central African Republic (CAR) crypto company which promised a high return on money invested have disappeared along with $ 1.6 million in investor funds. High-profile personalities including lawmakers and senior government employees are among the hundreds of CAR residents who fell victim to the apparent scam. Company …