– Bitmain, a leading Bitcoin mining ASIC manufacturer, allegedly fired three employees for speaking to the media about salary payment issues. The company accused the employees of breaching their employment contracts by sharing their remuneration on social media platforms.
– A study conducted by the HKUST Business School Central revealed that 41% of Hong Kong residents are no longer interested in holding crypto assets following the JPEX crypto exchange scandal. The study also showed that 84% of Hong Kongers have heard of crypto, with 27% claiming to be current or previous crypto investors.
– BC Technology Group, the owner of licensed Hong Kong crypto exchange OSL, issued a clarification statement stating that a Bloomberg article reporting the sale of OSL for $128 million was “factually inaccurate and highly misleading.” The news caused shares of BC Technology to drop 22%, wiping out $54 million in market capitalization.
– Bitget, a cryptocurrency exchange, announced the launch of its own crypto-fiat credit card. The Bitget Card, backed by digital assets in users’ accounts and wallets, will be denominated in U.S. dollars and accepted in over 180 countries.
