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13876 articles published since 08 Mar 2022

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Asia's first spot bitcoin, ether ETFs start trading in Hong Kong
Asia's first spot bitcoin, ether ETFs start trading in Hong Kong
Technology

Hong Kong on Tuesday launched trading of Asia's first spot bitcoin and ether exchange-traded funds (ETFs), moving forward in the city's race to become a regional virtual asset investment hub. Each company issued a spot bitcoin and a spot ether ETF, which can be traded in both Hong Kong and US dollars, while ChinaAMC (HK) also allowed trading in Chinese yuan.

Ex-Binance chief set for sentencing in US court
Ex-Binance chief set for sentencing in US court
Technology

US federal prosecutors are calling for ex-Binance chief Changpeng Zhao to be sent to prison when he appears Tuesday for sentencing on money laundering charges. Zhao pleaded guilty to violating US anti-money laundering laws and Binance agreed in February to pay $4.3 billion to settle charges.

Samsung says Q1 operating profits soar nearly tenfold on-year
Samsung says Q1 operating profits soar nearly tenfold on-year
Technology

Samsung Electronics said Tuesday that its first-quarter operating profits had risen nearly tenfold year-on-year -- a 931.8 percent increase -- amid recovering chip prices and growing demand. However, the semiconductor market had been predicted to recover this year and grow 11.8 percent, according to industry monitor World Semiconductor Trade Statistics.

US Supreme Court declines to hear Musk appeal over Tesla posts
US Supreme Court declines to hear Musk appeal over Tesla posts
Technology

The US Supreme Court on Monday declined to hear an appeal by Elon Musk of a settlement that requires the billionaire to have some of his social media posts about Tesla pre-approved by a company lawyer. The government agency also required that Musk's social media posts directly related to the business of the electric vehicle company be vetted by a lawyer.

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