Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association
Last week’s announcement of Hong Kong’s LEAP Digital Assets Policy Statement 2.0 was made with much anticipation and fanfare. The government of Hong Kong promised a comprehensive regulatory framework that will unify licensing and “

Blockchain
Payments
Adoption
Tether
Tron
Stablecoin
DeFi
Web3

Spot Bitcoin exchange-traded funds (ETFs) saw $812.25 million in net outflows on Friday, marking the second-largest single-day loss in the history of these products.
The drawdown erased a week of steady gains and pushed cumulative net inflows down to $54.18 billion. Total assets under management

Bitcoin (BTC) treasury company Strategy has expanded the scope its STRC offering twice since issuing the corporate security on July 22.
The company announced an at-the-market offering of up to $4.2 billion of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), a hybrid corporate s

Key takeaways
XRP cloud mining doesn’t mine XRP; it funds BTC or ETH contracts using XRP.
Promised returns (100%-800% APR) are often unsustainable and lack transparency.
High risks include scams, volatility and hidden fees, with little regulatory oversight.
Safer alternatives exist, like

August 1 marks the eighth anniversary of a key moment in Bitcoin’s (BTC) history — the initial activation of Segregated Witness (SegWit) in 2017, a key software upgrade that reshaped the network’s future and triggered a hard fork.
The move, known as “Bitcoin Independence Day,” reduced miner

Blockchain
Fraud
AI
Crimes
Cybersecurity
Scams
Web3

Bitcoin
Bitcoin Price
Markets
Market Analysis
Add reaction