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Alibaba Invests in AR; Ronin Network Hacked

Alibaba leads funding round for AR glasses maker Nreal. Hong Kong's HKEx to trial digital assets trading in “Diamond” pilot. Axie Infinity blockchain Ronin suffers $600M exploit. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Huobi Plans Backdoor IPO Attempt in Hong Kong, Document Suggests

Cryptocurrency exchange Huobi appears to be inching towards a reverse initial public offering, according to a filing with Hong Kong Stock Exchange.

Hong Kong Stock Exchange (Shutterstock)

Markets

Hong Kong Stock Exchange CEO Casts Doubt on Crypto Miner IPO Filings

The CEO of the Hong Kong Stock Exchange has seemingly questioned the IPO viability of crypto mining companies in new comments.

HKEX

Markets

OKCoin Founder Buys Hong Kong-Listed Firm in $60 Million Deal

The founder of cryptocurrency exchange OKCoin has taken a step towards a reverse IPO with a $60 million acquisition in Hong Kong.

Hong Kong

Markets

OKCoin Founder Star Xu Seeks to Acquire Public Firm for $60 Million

OKCoin founder Star Xu may be seeking a possible backdoor IPO by buying a majority stake in a Hong Kong-listed company.

HKEX Hong Kong Stock Exchange

Markets

Miner Maker Ebang Reports 'Significant' Profit Drop in New IPO Filing

Crypto miner maker Ebang has refiled its draft IPO prospectus in Hong Kong, indicating a downturn in business in Q3.

bitcoin miner

Markets

Hong Kong Stock Exchange: Existing Laws Should Apply to Blockchain

A Hong Kong Stock Exchange research report proposes that blockchain-based financial activities should be governed under existing regulations.

HKEX Hong Kong Stock Exchange

Markets

Hong Kong Stock Exchange to Launch Blockchain-Powered Market in 2018

The Hong Kong Stock Exchange (HKEX) is planning to launch a blockchain-powered private market aimed at helping smaller firms obtain financing.

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