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A Hong Kong-based crypto exchange used deepfakes of Elon Musk to claim the billionaire was its lead developer

Authorities in Hong Kong put out a warning that a group claiming Elon Musk developed its crypto-tra…

Kenneth Niemeyer   


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Rich people can buy their way into Hong Kong residency, and the majority of applicants come from 2 tiny countries

Vanuatu's cash-for-residency program has been the subject of international scrutiny, with several c…

Lian Kit Wee   


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8 mins read

The new king of crypto

Crypto.com is everywhere: the Lakers arena, Formula 1, UFC fights, commercials with Matt Damon and …

Emily Stewart   


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3 mins read

Sanctions-hit Russia is rushing to set up payment systems, including crypto, to make trading easier

Russia is facing so many issues with its international trade payments that it's shifting its previo…

Huileng Tan   


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10 mins read

A crypto data leak led the FBI to America's most wanted sex trafficking fugitive. Now, the victims want his bitcoins.

Michael Pratt was on the run for three years until a data leak involving crypto wallets he'd bought…

Laura Italiano   


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1 min read

A crypto influencer was arrested in Hong Kong for a potential $128 million fraud involving 1,400 people

Police arrested Joseph Lam and five others on Monday for "conspiracy to defraud" investors, and nea…

Phil Rosen   


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Google says crypto fraudsters are making it look bad

Google filed a lawsuit against two scammers it says tricked the company into accepting fraudulent a…

Grace Eliza Goodwin   


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Hong Kong arrests 2 siblings for allegedly laundering nearly $50 million via crypto exchange and banks

Customs officers arrested a 28-year old woman and her 21-year-old brother in their home for launder…

Isabelle Lee   


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Hong Kong police arrest four over alleged $155 million Tether money laundering scheme

The suspects, aged between 24 and 33, had opened numerous bank accounts to make crypto transactions…

Harry Robertson   


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Sam Bankman-Fried says FTX has moved its HQ from Hong Kong to the Bahamas because of its crypto framework

The billionaire FTX CEO indicated the decision to move out of Hong Kong had nothing to do with Chin…

Shalini Nagarajan   


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Hong Kong to limit crypto exchanges to investors who have portfolios upwards of $1 million

Hong Kong also required cryptocurrency exchanges to be licensed before they can operate, a move tha…

Isabelle Lee   


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1 min read

Customers of a crypto exchange in Hong Kong reportedly say their funds are frozen

Customers told Bloomberg News they filed police reports about their inability to retrieve funds fro…

Carla Mozée   


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A top Hong Kong crypto firm ends trading after FTX collapse: 'We don't know which counterparties would fail next'

A top crypto firm in Hong Kong said its wound down trading activities in response to volatility spa…

Brian Evans   


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Binance will no longer support stock tokens just 3 months after starting to offer them

On the same day, Hong Kong's markets watchdog announced that no entity in the Binance group is lice…

Isabelle Lee   


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4 mins read

Meet the CEO of Finblox, a Hong Kong-based crypto lender serving a region with some of the highest fintech adoption in the world

Peter Hoang is a YC alum who has raised $4 million for his crypto-investment firm Finblox, which ha…

Katie Canales   


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1 min read

Inside Cyberport, Hong Kong's government-run Silicon Valley equivalent that cost $1.68 billion to build and that top crypto players are moving into

Cyberport is an 18-year-old office and residential complex outside of Hong Kong that cost an initia…

Katie Canales   


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4 mins read

Crypto is growing up: Goodbye yacht parties and NFTs, hello regulation and practical tech

Three days at a New York crypto conference showed just how much a bear market can force an industry…

Phil Rosen   


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6 mins read

Sam Bankman-Fried isn't the only one on trial. The entire crypto industry is.

Sam Bankman-Fried's trial is underway, but the disgraced FTX cofounder isn't the only one in the sp…

Dan DeFrancesco   


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A Hong Kong fashion executive thought she was adopting a kitten from Thailand. She ended up losing $764,000 in a Bitcoin scam.

The 58-year-old woman was conned into paying more than $764,000 to a scammer via 40 separate crypto…

Matthew Loh   


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Binance CEO files defamation suit against Bloomberg's Hong Kong publisher following 'Ponzi scheme' headline

Zhao also filed a motion of discovery against Bloomberg LP and Bloomberg Inc., claiming the English…

Jennifer Sor