JPEX Scandal Can’t Ruin Hong Kong’s Web3 Vision, Says Financial Secretary | Bitcoinist.com

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Christopher Hui, Hong Kong crypto, Hong Kong Financial Services and Treasury Secretary, JPEX, Web3

The recent JPEX scandal has scarred the reputation of Hong Kong’s crypto industry, raising questions about the future of web3 and digital assets in the region. However, a speech by the region’s Financial Services and Treasury Secretary, Christopher Hui, at the ongoing Hong Kong Fintech week put minds at ease. Hui declared that the $165 […]

Hong Kong Police Issues Alert About Text Message Phishing Scam Drained 446,000 From Binance Users | Bitcoinist.com

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Binance, Crypto News, Crypto Phishing Scams, Hong Kong Police, Message phishing, Scam Alert

The Hong Kong Police Force has raised awareness after 11 Binance customers fell victim to text message phishing scams. According to a Facebook post by CyberDefender, under the state’s police, fraudsters posed as Binance and sent malicious messages to users.  Due to the seeming authenticity of the source, the bad actors successfully fleeced users of their […]