Search results for "LTD"

Hong Kong developer sells luxury mansion for 69 million dollars at a loss

Gate News bot reports that, according to Bloomberg, Hong Kong developer Market Maker International Limited is selling a luxury property in the upscale area of Deep Water Bay at nearly a 20% discount to seek cash in the fragile real estate market.
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China issues a warning on mystery box toys, Pop Mart's stock price experiences a big dump.

According to Gate News bot, as reported by Bloomberg, the stock price of Pop Mart International Group Ltd. plummeted in Hong Kong after Chinese state media published comments calling for stricter regulation of companies providing "blind boxes" and "mystery boxes."
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Oil Brokerage: A short-term surge in freight rates is possible.

Jin10 Data June 13 - Anoop Singh, Global Shipping Research Director at Oil Brokerage Ltd., stated: "The threat of war in the Middle East has a significant impact on freight rates." "There is no clear path for this brewing conflict, but a short-term spike in freight rates is possible." At least 15% of the world's very large crude carriers are in the Middle East Gulf at any given time, with about 20 vessels passing through the Strait of Hormuz each day.
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Ripple's $1.25 billion acquisition of Hidden Road launches an over-the-counter Crypto Assets swap product in the US.

Gate News bot news, Ripple's newly acquired major broker Hidden Road has announced the launch of a new OTC Trading Crypto Assets swap product aimed at U.S. institutional investors. This service allows U.S. institutions to privately trade cash-settled Crypto Assets swap products of various digital assets. These transactions take place over-the-counter, thereby dropping market impact and providing greater flexibility for large trades. This product will be offered by Hidden Road Partners CIV UK Ltd., which is regulated by the UK's Financial Conduct Authority (FCA).
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Fuhong Hanlin: Grants Alvogen Korea exclusive license for Hans.

Fuhong Hanlin has signed a licensing protocol with Alvogen Korea, allowing the latter to exclusively sell Hanshuan (Surlul monoclonal antibody injection) in South Korea. The protocol includes an initial payment of $5 million, milestone payments based on regulatory and commercial sales, as well as royalties calculated based on sales revenue. The protocol takes effect from the date of signing and is valid until the product's first commercial sale reaches its 10th anniversary.
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3e Network plans to acquire 4.9% of the equity of the HashBeaver mining platform at a valuation of 30 million dollars.

Golden Finance reports that Nasdaq-listed company 3e Network has announced the signing of a Memorandum of Understanding (MoU) with Singaporean digital money mining platform HASH BEAVER PTE. LTD (HashBeaver) to acquire a 4.9% stake in the latter at a valuation of $30 million. It is reported that 3e Network also plans to explore combining its B2B software with HashBeaver's blockchain infrastructure.
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South African listed company Altvest Capital applies to raise $10 million to buy BTC

Altvest Capital Ltd. announced that it has become the first listed company in Africa to hold BTC as its primary national treasury reserve asset, following the strategy of Michael Saylor. The company has purchased one BTC and plans to raise approximately 200 million rand by selling shares to increase its BTC holdings, Warren Wheatley said the fundraising plan has not yet been finalized.
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Canadian company Torrent Capital increased its holdings by 4955 SOL, bringing the total holdings to 6955 SOL.

PANews reported on February 14th that Canadian company Torrent Capital Ltd. (TSXV: TORR) announced that since January 6, 2025, when it announced the creation of a cryptocurrency portfolio and made its initial purchase of SOL, the company has additionally purchased 4955 SOL. As of February 10, 2025, Torrent holds a total of 6955 SOL, and these tokens are generating income from stake rewards.
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FTX and K5 Global reach a settlement

FTX has reached a settlement with K5 Global to jointly recover for FTX stakeholders. On January 3, 2025, FTX's Chapter 11 reorganization plan has taken effect and will be completed within 60 days.
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Biopharmaceutical company Quantum BioPharma disclosed its purchase of $1 million worth of Cryptocurrency

PANews December 20th news, according to Globenewswire, the biopharmaceutical industry listed company Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE:
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BTC Digital Ltd. announced the exercise of its oversubscription rights for public issuance, intending to increase the total fundraising amount to $8.8 million.

According to Jinse Finance, BTC Digital Ltd., a mining company listed on Nasdaq, announced the exercise of the public issuance oversubscription right. The company previously announced the sale of 228,853 common shares at a public issuance price of $8.00 per share, raising approximately $1.8 million. Currently, BTC Digital
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Premier Art Holdings and Chintai jointly launch a $50 million art tokenization fund

Premier Art Holdings Ltd. collaborates with Chintai to launch a $50 million tokenization art project TPAT, which provides fractional ownership of top-level artworks, making them more accessible. The first $50 million will be available for investors in December 2024.
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Hong Kong exchange appoints new members to the International Advisory Committee

Hong Kong exchange appointed Lubna Olayan and Marty Flanagan as members of the international advisory committee, and the committee members will increase to 10, with Si Mellon as the chairman.
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OSL Group plans to acquire 90% of Evergreen Crest for 15 million USD, establishing a presence in the Indonesian crypto market.

OSL Group's subsidiary OSL Midaspay Limited acquired 90% of Evergreen Crest Holdings Ltd for 15 million USD, through the issuance of consideration shares. This makes Evergreen Crest Holdings Ltd an indirect subsidiary of OSL Group, further consolidating OSL Group's position in the digital asset market and providing an important strategic channel for its entry into the Indonesian digital asset market.
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Terra announces the deadline for claims of losses related to Crypto Assets.

Gate.io News bot message, Terra official announcement, the deadline for creditors to submit claims for cryptocurrency losses to Terraform Labs Pte. Ltd. for the liquidation trust fund is set for May 16, 2025, at 23:59 ET (May 17, 2025, at 11:59 Beijing time). The notice emphasizes that creditors must submit eligible Crypto Assets loss claims within the specified deadline, and claims submitted after the deadline will not be accepted. Source: Wu Says
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The US-listed company The9 Limited announced that it has obtained a strategic investment of 8 million dollars.

The9 Limited has received a strategic investment of $8 million and will establish a new company to operate a GameFi platform, issue Tokens, and collaborate with global Crypto Assets foundations. It plans to issue 10% of its shares within the next three years to support the Token market operations. The company's Chief Financial Officer stated that this is an important milestone.
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NASDAQ-listed company NMHI acquired a majority stake in J&Y Marigold Ltd. for $5.32 million

Golden Finance reported that Natures Miracle Holding Inc., a Nasdaq-listed company, announced a total acquisition price of $5.32 million to acquire the BTC mining company J&Y Marigold.
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South African FSCA has not yet lifted the South African exchange Banxso license

The Financial Sector Conduct Authority (FSCA) in South Africa has announced the prohibition of Banxso exchange from conducting Financial Service operations and requires the migration of its customers to other FSCA authorized Financial Service providers, as its FSP license has been revoked. The Banxso case is scheduled for re-trial on December 4, 2024, and the FSCA is investigating the activities of Banxso and its management personnel.
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AI Startup PitchFest final teams announced, six teams enter the final

The AI Startup PitchFest is co-hosted by Pundi AI, Woo Innovation Hub, and The Generative Beings. There are six teams that have entered the finals, including ChemT Biotechnology, Cynthia Systems, OmniSkills Pte. Ltd., AI Square, KanjuTech, and IsCoolLab Co., Ltd. The winner of the finals will receive a six-month incubation program and up to $100,000 in resource support.
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Galaxy Digital partners with CoreWeave to host more AI and HPC infrastructure at the Helios data center campus.

PANews, April 23 - Mike Novogratz, founder and CEO of Galaxy Digital, disclosed on the X platform that Galaxy Digital Holdings Ltd. has announced a partnership commitment with CoreWeave to host additional artificial intelligence and high-performance computing infrastructure at the Helios data center campus.
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European LNG demand is "very strong," with an increase in the price discount of goods.

Jin10 reported on April 3 that due to intensified competition among terminals to accommodate extra cargo, the cost of shipping a batch of liquefied natural gas to Europe is decreasing. Data from Spark Commodities Pte Ltd. shows that in recent weeks, the discount on liquefied natural gas delivery prices in Northwest Europe relative to the European benchmark Dutch TTF gas has widened. The data indicates that the price difference last week reached as high as -71.5 cents. Vessels tracking data shows that imports in Western Europe reached the highest level since 2017 in March, and Europe is preparing to replenish depleted stocks in the summer.
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Alchemy Pay announced a strategic investment in EZPG Co., Ltd., a South Korean electronic financial platform.

BlockBeats news, on February 5th, Alchemy Pay announced that it has made a strategic investment in South Korean electronic financial platform EZPG Co., Ltd. This investment enables Alchemy Pay to obtain EZPG Co., Ltd. under the supervision of the Financial Supervisory Service (FSS), the comprehensive financial regulatory agency of the South Korean government.
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A month ago, NMHI, a Nasdaq-listed company that once ventured into the BTCMining field, received a delisting notice.

Natures Miracle Holding Inc. (NMHI) received a delisting notice from Nasdaq for not meeting the equity requirements, and the delisting will be effective on January 15, 2025. The company acquired 90% fully diluted shares of BTC mining enterprise JY Marigold Ltd. for a total acquisition price of $5.32 million in BTC last year, and plans to put into operation a 14-megawatt BTC mining facility in the first half of 2025.
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Lingyun Guang: acquisition of JAI company's equity completed

Jinshi data, January 8 news, Lingyun Guang announced that the company has acquired 100% of JAI company's shares through its wholly-owned subsidiary SINGPHOTONICS SMART VISION PTE. LTD. The Delivery process of this transaction has been completed, and the company has acquired as agreed in the transaction protocol by JAI GROUP HOLDING.
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Fnality, a Goldman Sachs-backed blockchain company, is looking for a new CEO

PANews November 20th news, according to Bloomberg, Fnality International Ltd. is a blockchain company supported by major banks such as Goldman Sachs and UBS, with CEO Rhomaios.
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Former Alameda CEO agreed to hand over most of the assets to FTX creditors to resolve FTX bankruptcy litigation

Former co-CEO of Alameda Research, Caroline Ellison, has agreed to transfer the majority of the remaining assets to the FTX creditors to settle the bankruptcy lawsuit filed against her by FTX. Ellison has agreed to transfer 'substantially all assets', except for those confiscated by the government or used for legal fees, and has committed to extensive cooperation with the FTX bankruptcy estate in ongoing and future investigations. Previously, the FTX bankruptcy estate had sued Ellison in an attempt to recover approximately $22.5 million in bonus payments and $6.3 million in transfers.
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Concerns over the US dollar are intensifying, and the demand for Hedging against dollar depreciation has surged to a five-year high.

The tariff policy of the Trump administration may impact the US economy, leading to a surge in demand for Hedging against the depreciation of the dollar. According to institutional data, the dollar risk reversal index has fallen to its lowest level since March of last year, indicating that investors prefer put options. Experts point out that concerns about the continued weakness of the dollar are intensifying in the market, reflecting a potential structural change.
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The UK has issued its first criminal verdict against an illegal Cryptocurrency ATM operator

The UK Financial Conduct Authority (FCA) has disclosed its first criminal conviction for unregistered Cryptocurrency activities, imposing serious sanctions on Olumide Osunkoya, who operated an illegal Cryptocurrency ATM. Osunkoya operated ATMs at 28 locations without permission, processing £2.6 million in transactions. He later moved the ATMs and operated 12 machines under a pseudonym, facing allegations of Money Laundering risk. He became the first individual in the UK to be prosecuted for this and has admitted to five charges.
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gate Group acquisition Japanese encryption service provider Coin Master all already issuance shares

ChainCatcher News, Gate Group has acquired all the shares of Japanese encryption service provider Coin Master Co., Ltd. through issuance. Coin Master will be officially renamed to "gate Japan KK" (referred to as "gate
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Yuanjie Technology: plans to increase capital to wholly-owned subsidiary to build a production base in the United States

On November 25th, Jinshi Data announced that the company plans to increase capital to its wholly-owned subsidiary Yuanjie Technology Pte.Ltd. (referred to as "Yuanjie Singapore") by no more than $50 million, all of which will be used to build a US production base for its wholly-owned subsidiary Yuanjie America.
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Northern Data plans to sell its Cryptocurrency Mining division

Northern Data AG is considering selling its encryption Mining business to focus on its artificial intelligence business, with Tether Holdings Ltd. being the main shareholder. The proceeds will be invested in the artificial intelligence department. This news has boosted Northern Data's stock price, pumping it up to a maximum of 12%.
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Nomura-backed Cryptocurrency company Komainu raises $75 million

Jinse Finance reported that Komainu Holdings Ltd., a Cryptocurrency custodian company backed by Nomura Holdings Inc., has received funding from Blockstream Capital
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Alchemy Pay is registered as an MSB in Canada, expanding its business in North America

Odaily Planet Daily News encryption solution provider Alchemy Pay announced that its entity Alchemy Pay Ltd. has registered as a Money Services Business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This registration confirmation Alchemy Pay
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Analyst: BTC breaking $100,000 marks the beginning of the next stage of the Bull Market

BlockBeats news, on December 5th, Fadi Aboualfa, Research Director of Copper Technologies Ltd., a cryptocurrency custodian, stated that 'BTC reached 10
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The board of directors of the US-listed company Steakholder Foods has approved its purchase of Crypto Assets as reserve assets

Steakholder Foods has decided to purchase up to $1 million worth of BTC or track the index of Crypto Assets as a strong financial reserve asset, expected to provide practical value storage while enhancing diversification of its financial strategy. Steakholder Foods, an Israeli company listed on NASDAQ, focuses on alternative proteins and 3D printing technology.
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The board of directors of the US-listed company Enlivex Therapeutics has approved the purchase of 1 million dollars of BTC as reserve assets.

Enlivex Therapeutics announced the purchase of up to $1 million worth of BTC as part of its cash management strategy. The CEO of the company stated that with the rising demand and widespread acceptance of BTC, it will become a strong and diversified asset for the company. The company is a clinical-stage company dedicated to immunotherapy.
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BTC Digital has signed a protocol with two Asian institutions to provide custody services for 1100 BTC Mining Rigs

BTC Digital announced the signing of a protocol with Recte Technologies and ASIA INVESTMENT FUND SP2, providing hosting services for 1100 BTC Mining Rigs, including ANTMINER T21 and ANTMINER L7 models, deploying the equipment in the United States and offering hosting and management services.
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The Hong Kong liquidation hearing of Suning International has been postponed to February 28th next year.

On August 29th, Jin10 Data reported that Hong Kong courts ruled that the hearing of the liquidation application for Suning International, a related entity of Suning.com, has been postponed until February 28th next year. The application was first filed by BCC Suning Investments Ltd., but it withdrew the application in 2023, and Carrefour took over as the applicant in November 2023.
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Indian court rejects the release request of one of the defendants in the country's largest BTC Ponzi eyewash of up to 66.06 billion rupees.

Golden Finance reported that the special PMLA court for anti-money laundering in India has rejected the release request of Hemant Bhope and his wife Lata. It is reported that the two are charged in connection with one of the largest BTC Ponzi schemes in India, which involves a Delhi-based company Variabletech Pvt Ltd.
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Circle CEO: The company's current financial situation is good and does not need to seek funds, and is continuing to seek listing

Jeremy Allaire, CEO of cryptocurrency company Circle Internet Financial, said that the company has always wanted to go public and continues to seek a public listing without the need to raise funds from the private sale market. Despite a prolonged IPO approval process, the company is in good financial shape and is not seeking any funds. Allaire said that new regulatory measures will allow more TradFi participants to enter the digital asset ecosystem, for which they are prepared.
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CFTC accuses fraudulent trading platform of defrauding investors, involving an amount of $3.6 million.

The CFTC has filed a legal action against a fraudulent trading platform and related parties, accusing them of defrauding 32 Asian-American investors for up to $3.6 million, mainly involving raising funds in legal currency and digital assets, falsely promising commodity futures trading, and transferring funds overseas. Regulatory authorities will seek compensation, confiscate illegal gains, impose civil fines, and impose permanent bans on further violations.
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Tai Mo Shan Ltd., a subsidiary of Jump Trading's Cryptocurrency Division, has agreed to pay $123 million to settle charges by US regulatory agencies.

Golden Finance reported that Jump Trading's cryptocurrency division, Tai Mo Shan Ltd., has agreed to pay $123 million to settle allegations by US regulators of misleading investors about the stability of the TerraUSD Algorithm stablecoin. The U.S. Securities and Exchange Commission said in a statement on Friday that the company also resolved charges of violating securities laws when underwriting TerraUSD's sister token Luna. Tai Mo Shan neither admitted nor denied the allegations when agreeing to the settlement. TerraUSD was supposed to achieve a constant value of $1 through a complex algorithm involving Luna and trader incentives. However, the US Securities and Exchange Commission stated that in reality, Tai Mo
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Tether assists Canadian police in recovering $7186 stolen funds

Tether has assisted the Ontario Provincial Police in investigating and successfully recovering stolen stablecoins, returning them to the victims. This collaboration demonstrates the company's commitment to preventing the theft of digital assets and has earned praise from law enforcement.
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