Eric Lam
Stories by Eric Lam
Taiwan’s CoolBitX secures $16.75m Series B led by SBI Holdings
The round values the Taiwanese blockchain security company at $91 million.
Fidelity acquires stake in HK crypto firm BC Group
The acquisition makes Fidelity a substantial shareholder with a 5.6% position.
Former Jefferies Asia CEO joins crypto firm Block.one
Michael Alexander will head Block.one’s venture capital arm, with a focus on developing projects that rely on the firm’s EOSIO blockchain software
Cryptocurrencies shed $46b after hacking at South Korean exchange
Enthusiasm for virtual currencies has waned partly due to a string of cyber heists, including the nearly $500 million theft from Japanese exchange Coi
BAIC, Daimler to build $1.9b Mercedes Benz plant in China
The new factory will manufacture various Mercedes-Benz products in China, including new energy electric vehicles.
Bitcoin slide sees $44b of market value erased in January
This is the biggest one-month loss in dollar terms in the short history of digital assets.
Bitcoin guns for $10,000 as cryptocurrency mania intensifies
Bitcoin has climbed more than 40 percent over the past two weeks.