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Apex Legends AI Art Controversy in FF7 Rebirth Event Raises Industry Concerns
Apex Legends faces backlash for alleged use of AI-generated art in its Final Fantasy 7 Rebirth event, sparking discussions about AI's role in the gaming industry
Taiwanese Singer Chen Lingjiu Implicated in JPEX Cryptocurrency Fraud Case
Taiwanese singer Chen Lingjiu faces fraud case involving JPEX, highlighting potential pitfalls of celebrity endorsements in cryptocurrency investments and the need for robust regulatory measures.
HKPF and SFC Form Joint Working Group to Tackle Illicit Activities in VATPs
The HKPF and SFC have formed a joint working group to enhance monitoring and investigation of illegal activities related to VATPs. The group aims to facilitate information sharing, assess risks, and collaborate on investigations. The move comes amid ongoing investigations into the unlicensed operations of the Dubai-based JPEX exchange.
Hong Kong Security Chief Vows to Hunt Down JPEX Crypto Scam Ringleaders
Hong Kong authorities are intensifying efforts to apprehend the key operators behind JPEX, a cryptocurrency platform implicated in the city's largest alleged financial fraud. The police have arrested 15 individuals and seized assets worth HK$85 million ($10.8 million). Financial Secretary Paul Chan Mo-po emphasized the need for a proper regulatory framework for Web3-related businesses.
HK SFC Details JPEX Probe; CEO Affirms Hong Kong's Web3 Commitment
Hong Kong's SFC has provided a detailed timeline of its investigation into the fraudulent activities of the unlicensed virtual asset trading platform JPEX. Despite the ongoing case, SFC CEO Leung Fung-yee reaffirms that Hong Kong's commitment to developing a Web3 ecosystem will not waver.
JPEX Claims 70% of Voting Users Agree to Dividend Scheme; Lawmaker Warns of Debt Risks
JPEX, a virtual asset trading platform suspected of illegal operations, has proposed a DAO stakeholder dividend scheme. While 70% of participating users have agreed, lawmaker Huang Junshuo warns of potential debt risks. The platform is also under legal scrutiny, with ongoing investigations into fraud.
Decentralized Perpetual Exchange PairEx Announces Beta Trading Competition with Up to 8,888 USD ARB & PEX Tokens
PairEx.io, a decentralized perpetual exchange built on the Arbitrum network, is excited to announce its beta trading competition with a prize pool of up to 8,888 USD equivalent in ARB and PEX tokens. The competition, which is now live, offers traders the opportunity to showcase their trading skills and win lucrative rewards.
Crypto Firm Bakkt Reports $1.5B in Impairment Losses in Q3
Bitcoin firm, Bakkt announced its Q3 performance report with a loss of $1.5B impairment loss
Bakkt Has Agreed to Acquire Apex Crypto for $200M
Bakkt has announced it has reached an agreement to acquire Apex Crypto
Millennial Investors Open the Most Crypto Accounts in Q2, Apex Report Shows
A report conducted by investing platform Apex Fintech Solutions (Apex) shows nearly 370,000 new crypto accounts opened in Q2.