Meitu
Meitu to Lose Big on BTC Investments, South Korea Banks Warned Over Crypto Laws
Tech giant Meitu foresees a US$17.3 million loss in its Bitcoin investment. South Korea’s Financial Services Commission tells banks they’re responsible for ensuring and verifying crypto exchange contracts. With the launch of K-pop star Se7en’s latest NFTs, we look at why musicians are going big on this tech. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Meitu Buys More Crypto; Hong Kong, Singapore Tease NFT Platforms
Chinese app-maker Meitu accumulates $100 million worth of crypto with its latest buy. Are they leading a trend of Asian firms spending their treasury beyond fiat options? And high fashion with blockchain big-vision: Hong Kong and Singapore announce their respective NFT trading platforms launching later this year.
Chinese Web Firm Meitu Buys $10M More in Bitcoin
The publicly traded app developer has now spent $100 million on bitcoin and ether.
The Node: Bitcoin Is 'Digital Gold' Because People Say It Is
Software firm Meitu, which just bought more ETH and BTC, points to the meta-nature of modern investing driven by consensus opinions.
Meitu Buys More Bitcoin and Ether, Bringing Total Holdings to $90M
The software company now has $50.4 million in ether and $39.5 million in bitcoin.
