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Hong Kong will potentially launch stablecoin regulations by mid-2024

Hong Kong is aiming to finalize stablecoin regulations by mid-2024, highlighting the territory’s contrasting approach to mainland China.  Legislative Council member Duncan Chiu has signaled that Hong Kong is on track to finalize its stablecoin regulations by mid-2024. The announcement was made at the Shanghai Blockchain International Week, according to a

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Three Chinese AI Firms Launch IPOs in Hong Kong, Targeting $280M

These IPOs align with the broader trend of Chinese companies seeking public listings in Hong Kong, driven by regulatory scrutiny and market dynamics. Three prominent mainland China-based companies, led by Beijing Fourth Paradigm, a cutting-edge artificial intelligence (AI) software firm, have debuted on the Hong Kong Stock Exchange with initial public

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Ethereum devs to reboot Holesky testnet after botched launch

The Holesky testnet meant to celebrate Ethereum’s one-year anniversary of The Merge will be rebooted after configuration errors caused a network crash. Ethereum engineers plan to relaunch the Holesky public testnet following issues with the network’s initial deployment on Sep. 15. The testnet, which developers released at 10 a.m. ET, encountered “major

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Animoca Brands subsidiary to launch a metaverse token on Bitcoin

Darewise Entertainment, a subsidiary of Animoca Brands, is partnering with Horizen Labs to develop the first metaverse token on Bitcoin. Horizen Labs, a blockchain firm, will guide on token development and provide consulting services. This deal aims to roll out the first-ever metaverse token designed on the Bitcoin(BTC) network. Both firms

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