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Crypto Evening Briefing: HashKey Obtains SFC Approval to Conduct Off-Platform Virtual Asset Trading (OTC)

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HashKey Obtains Approval From the SFC of Hong Kong To Conduct Off-Platform Virtual Asset Trading (OTC)

HashKey Group (“HashKey”), a leading digital asset financial services provider in Asia, is proud to announce that it has obtained approval from the Securities and Futures Commission of Hong Kong (“SFC”) to carry on an off-platform virtual asset trading business out of (“OTC”) for Hash Blockchain Limited (“HBL”).

Tencent to Offer Metaverse-Building Services for Asian Markets

Tencent, one of the biggest Chinese tech companies, has revealed its hand regarding the future of its metaverse strategy. The company announced that it will focus on offering “metaverse-in-a-box” services to its customers through its cloud division. 

Australian Markets Regulator is Reviewing Binance Australia's Derivatives Services

Australian Securities and Investments Commission (ASIC), is conducting a targeted review of Binance Australia's derivatives business, the regulator said on Friday.

VC Blockchain and Crypto Funding Drops Off in Q4 2022: Report

2022 will go down as a tough year for the cryptocurrency space and bleak market conditions were mirrored by a downtrend of venture capital funding flowing into blockchain and crypto activities. A report from Blockdata highlights consecutive drops in funding through all four quarters of 2022, following booming venture capital funding into the wider Web3 space through 2021.

Dapper Labs Axes Another 20% of its Staff as Crypto Layoffs Continue

On Feb. 23, Dapper Labs CEO Roham Gharegozlou sent a letter to the team announcing a “corporate restructure” and the layoffs. It is the second round of company layoffs following its downsizing of employees by 22% in November. 

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $23,879.67 USD, dropped by 1.12% in the last 24 hours;

ETH’s live price is $1,643.42 USD, dropped by 1.13% in the last 24 hours;

BNB’s live price is $309.71 USD, dropped by 0.30% in the last 24 hours;

XRP's live price is $0.3880 USD, dropped by 1.13% in the last 24 hours.

Fundraising News

Web3 SocialFi Platform Bit.Store Raised Equity Funding from Alchemy Pay

Bit.Store, a global social cryptocurrency investment platform has successfully secured equity funding from Alchemy Pay, the world-leading fiat-crypto payment solutions provider. As part of the deal, Alchemy Pay acquired a 15% stake in Bit.Store.

Tsunami Finance Has Successfully Raised $1.3 Million in Pre-Seed Funding, Led by BigBrainVC and Mirana

Tsunami Finance, a margin trading and spot exchange building on Aptos Network, has successfully raised $1.3 million in pre-seed funding, led by BigBrainVC and Mirana. The funding will be used to accelerate the growth of the company.

Animoca Brands Japan Invests in Passion Labs

Animoca Brands Japan, a strategic subsidiary of Animoca Brands Corporation Limited ("Animoca Brands"), has invested in Passion Labs, a platform providing customer experience and community engagement tools to empower users with data ownership and help brands build communities.

Get the latest news here: Cointime channel — https://t.me/cointime_en

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