NFT News by Thebittimes.Com

When delving into the realm of content creation, three paramount elements come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the written word. Meanwhile, burstiness scrutinizes the array of sentence variations. Lastly, predictability measures the likelihood of one predicting the subsequent sentence. Human authors tend to weave a rich tapestry of burstiness, crafting both prolix and concise sentences. In stark contrast, AI-generated text often appears more uniform and predictable. Thus, when we embark on the task of crafting the following content, it is imperative to infuse it with a generous dose of perplexity and burstiness, all while minimizing predictability. Additionally, we must adhere to the English language. Now, let’s reimagine the text below: In Hong Kong, retail crypto trading has been permissible since the advent of June. Remarkably, a mere 47% of retail crypto investors in this vibra...

The latest virtual asset index has been unveiled by the Hong Kong Virtual Assets Consortium (HKVAC), a rating agency specializing in evaluating the reliability of cryptocurrency assets and exchanges. Quarterly adjustments to its global large cryptocurrency index include the addition of Hedera, Maker, and Quant and removal of Cryptonex, ICP, and HEX. A new top five The main goal of HKVAC is to provide investors and regulators with a trustworthy benchmark for assessing the performance and risks associated with virtual assets. (Hong Kong, 13 Oct 2023) – HKVAC today announced the rebalancing results of the HKVAC Key Indexes and HKVAC Market Indexes. The rebalancing results for those index es will be available at https://t.co/aBBFho5wnL. All changes will come into effect on 20 October 2023 (Friday). — HKVAC (@hongkongvac) October 13, 2023 Therefore, the revised index, which now features the top five cryptocurrencies as BTC, ETH, USDT, BNB, and XRP, with XRP replacing the ori...

Only professional investors with a portfolio exceeding $1 million can invest in altcoins through regulated exchanges in Hong Kong. Hong Kong crypto exchange Hashkey, the first to receive a retail crypto license in the Special Administrative Region (SAR), will open Avalanche (AVAX) trading on its platform. However, there is a catch. According to the September 27 announcement, only professional investors, or individuals possessing an investment portfolio with a value exceeding 8 million Hong Kong dollars ($1 million), as defined by the SAR's Securities & Futures Commission (SFC), can trade AVAX on the Hashkey exchange. Currently, only Bitcoin (BTC), Ether (ETH), and Tether (USDT) are approved by the SFC for retail trading , with the remaining altcoins subject to professional investor restriction.  The SFC has placed significant restrictions on exchanges since regulated retail crypto trading began in Hong Kong in August. Unlike its global counterpart, Hashkey Hong Kong requir...

Three men in Hong Kong have allegedly scammed HK$1 million ($128,000) worth of Crypto currency from a female accountant using a bundle of counterfeit banknotes and a fake “ Crypto currency shop.”  The 29-year-old victim first saw the supposed Crypto currency trading outlet advertising lucrative exchange rates on Instagram. She visited the shop last Sunday with the goal of exchanging 128,040 Tether ($128,067) into fiat currency.   At the shop, an “employee” handed her a bundle of HK$1,000 banknotes and told her to send the crypto to a designated wallet controlled by them. However, she failed to notice that the stack of cash contained just two genuine notes at the top and bottom of the pile while the rest were training aids for banks.  After transferring the crypto, she was told to wait outside by the “employee” as they supposedly needed the toilet. Instead, the man left her with the counterfeit notes and never returned . Suspecting she’d been scammed out of her c...