Bithumb, a major South Korean cryptocurrency exchange, is reportedly planning to go public on the KOSDAQ, South Korea’s equivalent of the Nasdaq. The exchange aims to become the first digital asset firm to achieve this milestone, with a targeted initial public offering (IPO) in the second half of 2025. Bithumb, founded in 2014, has established […]
Crypto exchange Bithumb is preparing to go public on the South Korean stock market, aiming to become the first digital asset company to do so. The initial public offering (IPO) is expected to take place on the KOSDAQ, South Korea’s equivalent of the Nasdaq, in the second half of 2025. Bithumb has selected Samsung Securities […]
Taiwanese prosecutors have identified two new suspects in the ongoing investigation of the JPEX scandal. Chang Tung-Ying, the chief partner of JPEX’s Taiwan Office, and JPEX lecturer Shih Yu-sheng are now under scrutiny for alleged fraud. The Taipei District Prosecutors Office has formally requested their custody, citing violations of the Banking Act and the Money […]
Hong Kong-based venture capital firm CMCC Global has raised $100 million for its Titan Fund, aimed at supporting Asian blockchain startups. This comes at a time when global venture capital investments in crypto firms have seen a significant decline. The fund has attracted participation from notable investors such as Block.one, Pacific Century Group, Winklevoss Capital, […]
Crypto lender Hodlnaut is facing liquidation after the High Court of Singapore ended judicial management and ordered its closure. The company’s funds have been frozen since August 2022. Former interim judicial managers Aaron Loh Cheng Lee and Ee Meng Yen Angela have been discharged and appointed as liquidators. The decision to liquidate Hodlnaut was made […]
Singapore-based cryptocurrency lending service Hodlnaut has filed a wind-up order with the court, signaling its intention to liquidate its remaining assets. This move comes after more than 17,000 creditors voted against a restructuring plan for the company in favor of liquidation. The winding-up process will be carried out under the provisions of the Insolvency, Restructuring, […]
Hong Kong is positioning itself as a leading hub for cryptocurrency adoption, with an influx of crypto talent and positive regulatory developments. The combination of new Web3 projects and supportive regulations is expected to drive significant growth in the next four to five years. Despite the bear market, the technological advancements in the crypto sector […]
Taiwan’s Financial Supervisory Commission (FSC) has granted Cathay Securities the country’s first security token offering (STO) license. Cathay’s “Sunshine Green Yield” STO bonds, with a maturity of six years, an initial annual interest rate of 3.5%, and a principal amount of 30 million New Taiwan Dollars ($0.93 million), have received regulatory approval. These bonds allow […]
Taiwanese prosecutors have identified two new suspects in the ongoing investigation of the JPEX scandal. Chang Tung-Ying, the chief partner of JPEX’s Taiwan Office, and JPEX lecturer Shih Yu-sheng are now under scrutiny for alleged fraud. The Taipei District Prosecutors Office has formally requested their custody, citing violations of the Banking Act and the Money […]
The cryptocurrency exchange JPEX is facing further developments in its ongoing saga. Taiwan prosecutors have reportedly identified new alleged suspects in the case. The Taipei District Prosecutors Office (TDPO) has requested the custody of Chang Tung-ying, the chief partner at JPEX’s Taiwan office, over allegations of fraud. The authorities have also summoned three other individuals, […]
