Huobi Global To Be Bought Over By About Capital

Crypto exchange Huobi Global announced that About Capital Management (HK) Co. Ltd, a Hong Kong based-asset management firm, became the exchange’s controlling shareholder following a successful buyout deal. While the transaction of an undisclosed amount crowns About Capital as Huobi’s new controlling shareholder, the exchange stated that core operation and business management teams would have…

Blockchain Project Of The Week – EOS

EOS is a blockchain protocol based on the cryptocurrency EOS. The smart contract platform claims to eliminate transaction fees and also conduct millions of transactions per second. Its a platform that’s designed to allow developers to build decentralized apps (otherwise known as DApps for short.) The project’s goal is relatively simple: to make it as…

EY Japan To Use Blockchain To Fight Counterfiting of Japanese Sake and Fruits

EY Japan, the Japanese branch of global accountancy firm Ernst & Young, has announced plans to launch a blockchain system for tracking Japanese sake and fruit and preventing the sale of fraudulent or counterfeit products. According to Asian Nikkei Review, EY Japan’s SAKE Blockchain will be rolled out across Asia once the threat of the…

Financial Crisis Continues to Threaten Antwerp Diamond Industry

Antwerp traded a total of €33 billion in cut and uncut diamonds in 2019, 20% less than in 2018, and a figure reminiscent of the levels last seen in the financial crisis years of 2009-2010. The AWDC says it foresees no improvement this year, but recovery should be expected in 2021. Antwerp is not alone….

Thailand Is Opening Up to Crypto – Bitcoin, XRP, Ethereum and Stellar Lumens

Since July, Thailand and its Securities and Exchange Commission (SEC) have voiced their intent to legalize the local initial coin offering (ICO) market and open it to startups. On Dec. 1, 2018, however, Cointelegraph reported that the Thai SEC declared Thai-related security token offerings (STOs) in international markets to be illegal and said that it…

Why Is Hong Kong One Of The Best Destinations To Visit?

Hong Kong is one of the most exotic tourist destinations in the planet: it is amassed with all sorts of beautiful sceneries, one of a kind monuments, fun-filled activities found nowhere else in the world. In a bid to showcase its magic, today we shall be taking a look at what the city dubbed the…

Saina Wins Hong Kong Super Series

Saina Nehwal makes it 4 Super Series Wins for the year 2010 apart from the Commonwealth Games gold by beating China’s Wang Shixian in the Hong Kong Super Series finals. India’s Saina Nehwal won the Hong Kong Open Super Series badminton tournament beating China’s Shixian Wang 2-1 in the women’s singles final here Sunday. Second…