Hong Kong officials recommend the city’s crypto industry self-regulates

The Hong Kong Securities and Futures Professionals Association (HKSFPA) advises local crypto businesses to establish a self-governing body and keep an eye on each other to ensure adherence to regulations. According to the HKSFPA’s recommendation letter dated April 22, the financial market industry in Hong Kong places excessive emphasis on regulation. However, there isn’t any … Read more

Shiba Inu memecoin raises $12M from institutional investors

The Shiba Inu (SHIB) canine memcoins project has secured $12 million through a private token sale for its upcoming TREAT utility and governance token, which is yet to be released. In the announcement on April 22, it was revealed that the investment group consisted of Comma 3 Ventures, Big Brain Holdings, Cypher Capital, Shima Capital, … Read more

How Blockchain Technology is Transforming the Esports Industry

Blockchain technology ensures the secure recording of information with high resistance to manipulation or unauthorized access. This feature is particularly beneficial for the esports sector as it facilitates a trustworthy and decentralized method for maintaining records. Consequently, competitions can be more efficiently managed, interactions between players become more transparent, and transactions are executed in a … Read more