Binance hits back at claims it fired investigator who found manipulation, Hong Kong crypto ETFs take the 'equivalent' of $50B. Asia Express.
Binance and DWF Labs accused of market manipulation, Web3 music festival concludes in Thailand, Hong Kong ETFs gain relative traction, and more!Cryptocurrency exchange Binance has been accused of firing its own investigators after discovering that its VIP client, props trading firm DWF Labs, engaged in alleged acts of market manipulation. that DWF Labs engaged in market manipulation, wash trading, and inflated trading volumes amounting to $300 million through deals with crypto projects.
“I am very grateful to the WSJ for their consistent and long-term devotion to Binance, which has greatly increased our exposure and saved us a lot of marketing budget. However, I have noticed an interesting phenomenon where some mainstream media articles are increasingly driven by emotions and biases rather than facts.
The first batch of NFT ticket holders for this music festival automatically became early participants in Fansland.AI, unlocking perks such as token airdrops and future whitelist qualifications. The Hong Kong spot crypto ETFs are denominated in three fiat currencies and allow investors to subscribe and redeem ETF units in both crypto and fiat.However, it appears that the vast majority of assets managed by the ETFs — well over $200 million, were subscribed prior to their listing.by Farside Investors, total asset flow into the six ETFs has amounted to just $24.
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