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HKMA Reports Increase in Exchange Fund Foreign Assets in May 2024

HKMA Reports Increase in Exchange Fund Foreign Assets in May 2024

HKMA reports HK$7.8 billion increase in Exchange Fund foreign assets, reaching HK$3,468 billion by end of May 2024.

CoinShares: Hawkish FOMC Meeting Triggers $600M Outflows in Digital Asset Funds

CoinShares: Hawkish FOMC Meeting Triggers $600M Outflows in Digital Asset Funds

Digital asset investment products saw $600 million in outflows, primarily in Bitcoin, following a hawkish FOMC meeting, according to CoinShares.

Tether Launches Alloy: A Digital Asset Backed by Tether Gold (XAU₮)

Tether Launches Alloy: A Digital Asset Backed by Tether Gold (XAU₮)

Tether introduces Alloy, a new digital asset backed by Tether Gold (XAU₮), offering stability and security in the digital economy.

Bitfinex Introduces aUSDT: A Gold-Backed Digital Asset

Bitfinex Introduces aUSDT: A Gold-Backed Digital Asset

Bitfinex unveils aUSDT, a digital asset combining the stability of gold with Web3 functionalities, backed by Tether Gold (XAUt).

Matrixport Secures Spot on Hurun Global Unicorn List 2024

Matrixport Secures Spot on Hurun Global Unicorn List 2024

Matrixport, a leading digital assets financial services platform, has been listed on the Hurun Global Unicorn List 2024, highlighting its significant market influence.

Immutable (IMX) Pioneers the Future of Web3 Game Economies

Immutable (IMX) Pioneers the Future of Web3 Game Economies

Immutable (IMX) is spearheading the evolution of game economies with Web3 technology, unlocking new revenue streams and true digital asset ownership for players.

Digital Asset Fund Flows Report Reveals Significant Outflows Amid Market Correction

Digital Asset Fund Flows Report Reveals Significant Outflows Amid Market Correction

CoinShares reports $584m outflows in digital asset investment products, with Bitcoin leading the decline. Multi-asset products saw inflows.

Elwood Technologies Partners with Wintermute to Enhance Digital Asset Liquidity

Elwood Technologies Partners with Wintermute to Enhance Digital Asset Liquidity

Elwood Technologies integrates Wintermute to boost digital asset trading experience and deepen liquidity for institutional clients.

CoinShares: Ethereum Faces Continued Outflows While Bitcoin Sentiment Shows Signs of Reversal

CoinShares: Ethereum Faces Continued Outflows While Bitcoin Sentiment Shows Signs of Reversal

Digital asset investment products saw a third consecutive week of outflows, with Ethereum experiencing significant outflows and Bitcoin showing potential sentiment reversal.

Tether and BTguru Sign MoU to Boost Digital Asset Education in Türkiye

Tether and BTguru Sign MoU to Boost Digital Asset Education in Türkiye

Tether Operations Limited and BTguru have signed an MoU to enhance digital asset education initiatives in Türkiye, fostering blockchain and peer-to-peer technology awareness.

Hong Kong's SFC Alerts Public on Seven Entities Suspected of Virtual Asset Fraud

Hong Kong's SFC Alerts Public on Seven Entities Suspected of Virtual Asset Fraud

The SFC has issued a public warning about seven entities involved in suspected virtual asset-related fraud, urging caution.

Digital Asset Fund Flows Surge with $441M Inflows Amid Market Weakness

Digital Asset Fund Flows Surge with $441M Inflows Amid Market Weakness

Digital asset investment products saw significant inflows totaling $441 million, driven by opportunistic buying amid recent price weakness, according to CoinShares.

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