According to statistics from RootData, there were a total of 73 publicly announced investment projects in the cryptocurrency VC space in August, representing a 6% decrease compared to July 2023 (which had 78 projects) and a 45% decrease compared to August 2022 (which had 132 projects).

In 2019, the Hong Kong-listed company “Brand China” chose to change its name to “BC Technology” and fully entered the digital assets and blockchain field. On December 15, 2020, OSL, a digital asset trading platform under the BC Technology Group, obtained the first and seventh licenses under the regulatory framework of the Hong Kong Securities and Futures Commission, becoming the first digital asset trading platform with a listed parent company, licensed in Hong Kong, covered by asset insurance, and audited by the Big Four accounting firms. After the new policy on virtual assets in Hong Kong officially landed on June 1, 2022, OSL became one of the first crypto platforms to apply for virtual asset retail trading business. For a long time, OSL has been the only licensed and listed digital asset trading platform in Hong Kong. Benefiting from compliance advantages, they have successively cooperated with traditional financial giants such as DBS Bank and Standard Chartered Bank in the field of digital assets, and received an investment of HKD 543 million from Singapore’s sovereign wealth fund GIC. But like most blockchain concept stocks listed on the secondary market, the recent market performance of BC Technology (HK: 863) is not satisfactory. Struggling in the cryptocurrency winter of 2022, its latest financial report shows that the revenue of BC Technology decreased by 64.3% in 2022, and the net loss expanded to HKD 550 million. So far this year, the stock price of BC Technology has reached its historical low. Recently, Jiemian News interviewed BC Technology CFO Hu Zhenbang about the regulatory details of Hong Kong’s virtual assets and OSL’s business development. Hu Zhenbang has over 16 years of experience in the financial field and has held positions in several companies, including Hong Kong-listed technology companies, investment banks, and the Big Four accounting firms.

1. ETH’s Weekly Summary a. Ethereum Foundation Announces Academic Grants for 2023 link On June 29th, the Ethereum Foundation announced its academic grant program for 2023, providing funding of over $2 million to 43 projects across various categories including cryptography, MEV (Miner Extractable Value), execution layer, security, and more. The foundation received over 250 applications in total.

Host: Colin Wu from Wu Blockchain Guests: DiscusFish, founder of Cobo, John Ge, CEO of Matrixport, and Li Peicai, a senior miner Colin Wu: I would like to invite the three of you to share your current thoughts or research on the bull-bear cycle. Has anything changed? How long do you think the bear market will continue and when will the next bull market arrive?

MicroStrategy Makes Additional Bitcoin Purchase, 8btc Main Site Fully Shifts Focus to AI Track and Top10 News

Let’s start by examining the structure of the SEC.

Top10 News 1. Hong Kong to allow retail trading of major cryptocurrencies link According to Bloomberg, Hong Kong will announce that retail investors can trade cryptocurrencies under new rules for the digital asset industry, with individual investors expected to be able to trade tokens such as BTC and ETH starting next month with appropriate safeguards.

When you think of Japan, what comes to mind first? Cherry blossoms, anime, Mount Fuji, Nintendo...? Thanks for reading TechFlow’s Substack! Subscribe for free to receive new posts and support my work. Subscribe However, when it comes to the connection between Japan and crypto, many cryptocurrency professionals have limited awareness. Despite the legal status of crypto trading and exchanges in Japan since 2017, the Japanese market has always had a weak presence, and many people have the impression that it is closed off and independent.