Cointelegraph By Zhiyuan Sun
Startup funding in the crypto industry has fallen back to Q4 2020 levels amid the ongoing bear market. According to an Oct. 5 report by blockchain analytics firm Messari, a total of $2.1 billion was raised by crypto startups across 297 deals in Q3 2023, down 36% from the...
Approximately 50% of crypto users are investing in digital assets to improve their everyday living standards.According to a new survey by crypto exchange Bitget published on October 5, 46%, 44%, and 41% of respondents in South Korea, Canada, and Turkey said improving their living standards is their greatest...
Crypto businessman and fugitive Su Zhu’s $36 million luxury real estate in Singapore has been converted into an eco-farm. According to recent local media reports, Zhu’s residential property in the city-state’s upscale Yarwood Avenue has been rebranded as “Yarwood Homestead” and operated by Abundant Cities, a company his wife,...
Hong Kong Exchanges and Clearing Limited (HKEX), the operator of The Stock Exchange of Hong Kong, Hong Kong Futures Exchange, and London Metal Exchange, is launching a novel equities settlement acceleration platform. Dubbed "Synapse," the platform will utilize smart contracts in the DAML programming language to streamline post-trade...
A typical Web3 developer has a median salary of $128,000 in 2023.According to a recent survey by Pantera Capital, the highest Web3 engineer salaries were reported in North America at $166,610, followed by $102,226 in Europe, Middle East and Africa, $90,559 in Latin America, and $75,000 in the...
None Trading, a trading tool for cryptocurrencies and nonfungible tokens built on Discord, has shut down due to a "critical exploit" within its infrastructure.According to the September 20 announcement, None Trading developers said that it has "lost a significant amount of funding" as well as "team tokens" crucial...
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...
Our weekly roundup of news from East Asia curates the industry’s most important developments.
Huawei moves to trademark its NFTs
According to a Jan. 28 report by Sina News, Chinese telecom giant Huawei has recently filed for eight...
Our weekly roundup of news from East Asia curates the industry’s most important developments.
Samsung’s new Bitcoin ETF
On Jan. 13, Samsung Asset Management, a wholly-owned subsidiary of the namesake South Korean conglomerate, successfully listed the Samsung...
After a one-year hiatus, Our Man in Shanghai returns, but he’s no longer based in Shanghai (the crypto crackdown was a factor in the column’s retirement), so a rebranding is in order. This space is now...
