China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express

Huawei unveils latest in wave of Chinese ChatGPT rivals, Alibaba’s multichain bridge, Hong Kong crypto exchange regulations imminent.

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China’s blockchain satellite in space, Hong Kong’s McNuggets Metaverse: Asia Express

Chinese blockchain Sputnik’s maiden voyage A Chinese satellite has become the first in the world to carry a blockchain imaging and screening system into orbit.  According to local news outlet Red Star News on July 22, the Tai’an Star Era 16 was successfully launched into orbit from the China Jiuquan Satellite Launch Center. Developed by [...]

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Huobi sues… Huobi? 3AC rises from ashes, Korea crypto contagion: Asia Express

Huobi co-founder sues own company for copyright infringement According to local news reports on June 21, Leon Lin Li, former co-founder of cryptocurrency exchange Huobi Global, has filed a copyright infringement lawsuit against the company in Hong Kong. Li claims that despite selling his majority stake to an entity controlled by Chinese blockchain personality Justin [...]

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Chinese TV’s crypto ‘bull run’ report censored, Multichain crisis: Asia Express

Chinese state TV’s crypto news report gets memory holed, Multichain token plunges as arrest rumors swirl, memecoin hype subsides, and more.

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Thailand’s $1B crypto sacrifice, Mt Gox final deadline, Tencent NFT app nixed: Asia Express

South Korea is throwing another $51 million at the metaverse, Mt. Gox saga is drawing to a close, Canaan BTC miner sales revenue plunges 60%.

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China’s 180M digital yuan airdrop, Devastation in Turkey, Laos’ CBDC: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. China airdrops 180 million digital yuan to celebrate Lunar New Year  According to state-owned media Global Times, Chinese cities airdropped a total of 180 million digital yuan (e-CNY) worth $26.6 million to boost consumption during the Lunar New Year celebrations between […]

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Huawei NFTs, Toyota’s hackathon, North Korea vs. Blockchain: Asia Express 

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 trademarks related to its Huawei “YunYunBao” nonfungible tokens (NFT) series. The trademarks include digital collectibles in the […]

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Bithumb in turmoil, Binance’s 47K law requests, Axie players down 85%: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. Bithumb in turmoil  On Jan. 25, Yonhap Infomax reported that South Korean authorities had requested an arrest warrant for Kang Jong-Hyun, chairman and owner of cryptocurrency exchange Bithumb, over embezzlement allegations. That same day, the Financial Investigation Second Division of the […]

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Samsung’s Bitcoin ETF, $700M bust, Coinbase exits Japan: Asia Express

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Huobi employees revolt, GameFi lives, Antminer on steroids: Asia Express

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Asia Express: China’s NFT market, Moutai metaverse popular but buggy…

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3AC cooks up a storm, Bitcoin miner surges 360%, Bruce Lee NFTs dive: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. Three Arrows Capital (3AC), a once bourgeoning Singaporean hedge fund worth an estimated $10 billion at is peak, was utterly obliterated by the bear market last year. However, the carnival it has created since the initial blowup still lives on, and [...]

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Ripple, Visa join HK CBDC pilot, Huobi accusations, GameFi token up 300%: Asia Express

Hong Kong partners with 16 companies to build CBDCs On May 18, the Hong Kong Monetary Authority (HKMA) announced the launch of the cyber Hong Kong dollar pilot project. According to officials, 16 selected companies from the financial payment and technology sectors will conduct the first round of trials this year on the feasibility of [...]

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Multichain saga screws users, Binance fires 1,000 staff: Asia Express

Decentralized Web 3 cross-chain router allegedly under control of one-man Imagine a system where all your money is controlled by one man and his family and when there is cause for concern, the propaganda machine immediately goes ‘brrr’ to put on a facade that everything is just fine despite some alarming withdrawls. Sounds more like [...]

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Chinese billionaire’s $1B fraud charges, Kwon’s $11M bet, Zhu Su and Islam: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese billionaire arrested in U.S. for $1B financial fraud  According to an announcement published by the U.S. Department of Justice (DOJ) on Mar. 15, Chinese billonaire Ho Wan Kwok (aka Miles Guo and more commonly as Guo Wengui), has been arrested [...]

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Korean crypto contagion, Bank of China on Ethereum, HK’s exchange red carpet: Asia Express

Hong Kong lays out the red carpet for crypto exchanges While some jurisdictions (cough: America) have adopted a regulation-by-enforcement approach toward crypto, others are doing the opposite. According to a June 15 report from The Financial Times, the Hong Kong Monetary Authority is pressuring major financial institutions to accept crypto clients. But it’s not just [...]

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Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. Bitcoin’s day of glory on Chinese TikTok On Apr. 10, Douyin, the version of Tiktok exclusive to Chinese users, began publishing price quotes related to Bitcoin (BTC) and other cryptocurrencies such as Ethereum (ETH), Dogecoin (DOGE), and Ripple (XRP). The move [...]

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Chinas MicroStrategy sells all of its Bitcoin and Ethereum: Asia Express

Asias MicroStrategy Meitu has sold all of its 940 Bitcoin and 31K ETH while Sth. Korea looks to legalize corporate crypto buys. Asia Express

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Mystery of crypto sleuths death, Japanese exchange lists on Nasdaq: Asia Express

Indian public firm and MicroStrategys Bitcoin blueprint, Japanese exchanges SPAC merger for Nasdaq listing: Asia Express

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Asian crypto traders profit from Trumps win, Chinas 2025 CBDC deadline: Asia Express

Asian investors trade overnight to catch the Trump-fueled Bitcoin surge, China accelerates digital yuan push: Asia Express

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