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Topic

Cryptocurrencyi

News and analysis about non-fiat, decentralised assets used as digital currencies, including bitcoin, ether, altcoins and stablecoins.

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  • Rescue dog, Kabosu, whose photo inspired a generation of oddball online jokes and the US$23-billion Dogecoin cryptocurrency, has died
  • Kabosu’s real birthday was unknown, but her owner estimated her age at 18, past the average lifespan for a Shiba Inu

Office of Privacy Commissioner for Personal Data says investigation has found Worldcoin’s operations in city posed ‘serious risks to personal data privacy’.

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Criminals withdrew cash from stooge accounts and used it to buy virtual currencies at local over-the-counter outlets in a bid to conceal flow of money, police say.

FTX said in a court filing it owes about US$11.2 billion to its creditors. The exchange estimates it has between US$14.5 billion and US$16.3 billion to distribute to them.

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‘The Mona Lisa of the internet’, fans call her. Meet Kabosu, elderly shiba inu former rescue pup who became the face of cryptocurrency Dogecoin and her photo a US$4.2 million NFT.

Hong Kong will launch its first spot bitcoin and ether exchange-traded funds next week, cementing the city’s role as a virtual-asset hub, in contrast to mainland China’s crackdown on cryptocurrencies.

Spot bitcoin and ether ETFs in Asia could be attractive to investors looking to avoid US tax laws, but the market is still relatively ‘tiny’.

Bosera Asset Management, HashKey Capital, Harvest International and ChinaAMC are all working on spot crypto ETFs after the SFC’s first conditional approvals.

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Crypto industry executives were touting the benefits of bitcoin at the four-day Web3 Festival amid anticipation for the approval of spot ETFs this month.