LGT Group Cancels HKD 24 Million Plan to Purchase Cryptocurrency
By: theblockbeats.news|2025/11/07 10:45:54
0
Share
Prefer us on Google
BlockBeats News, November 7th, Lergo Holding (08472.HK) announced that, "Taking into consideration the special risks associated with investing in cryptocurrency and commodities, as well as the professional knowledge and experience of our management team in these markets, the Company has resolved on November 7, 2025, that the Company will no longer proceed with its plan to acquire cryptocurrency and commodities, and has approved the cancellation of the HKD 24 million budget." (China Finance Online)
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Interview with Bill, Head of Bitget AI: In the AI Trading Era, How Far Are We from "Earning While Lying Down"?
Bitget launches a three-tier AI product: GetAgent (Chatbot Assistant), Agent Hub (Developer Tool), GetClaw (One-Click Product), covering users from geeks to newbies.
Bitcoin Surge in Australian E-commerce Faces Banking Hurdles: In-depth Analysis
Key Takeaways: Cryptocurrency usage in Australia for purchasing goods and services doubled from 6% to 12% in 2026.…
Tether Freezes $182 Million in Assets in One Day, Is USDT Still a Neutral Coin?
Putting your money in a stablecoin like USDT may actually carry a higher risk than holding it in the native asset
Payment Going Global: The Honest Man's Endurance Race
There is no shortcut to going global. The most reliable path is often the most costly and time-consuming one.
Brevis is releasing the ProverNet Whitepaper, detailing the first decentralized zero-knowledge proof generation marketplace.
The ProverNet is scheduled to launch by the end of 2025.
Revolutionizing Social Media: ION Brings Web2 Convenience to Web3 with Online+ Platform
Key Takeaways ION is building a “New Internet” focused on digital sovereignty, where users truly own their identity,…
Three Blockchains Halted in Four Days, Only Chronos Rolled Back
The Surge of 'Buybacks' in the Cryptocurrency Market
Cryptocurrency (digital asset) projects have reportedly invested the largest amount ever in 'buybacks', similar to stock market buybacks, by purchasing their own issued tokens from the market. This trend reflects a growing movement to utilize profits generated by projects to buy back tokens, thereby...
Electricity Theft for Cryptocurrency Mining Becomes a Serious Problem for Southeast Asia
The theft of electricity for cryptocurrency mining is increasingly impacting the energy systems of Southeast Asian countries: illegal farms overload networks, cause damage to energy companies, and create new risks for authorities in terms of control and security. At the end of July, Malaysian police...
What is a "cold wallet" for cryptocurrencies? This was the device sought by the killer of Camilo Séptimo's keyboardist
Hargreaves Lansdown Launches Cryptocurrency ETNs for UK Investors
Cryptocurrency ETNs have become available on the Hargreaves Lansdown platform for a segment of British investors: the largest retail investment service in the country has added exchange-traded notes linked to Bitcoin and Ethereum. The launch began in September 2026 after the FCA lifted the ban on re...
Cloudflare Launches Vulnerability Defense Service with OpenAI
Cloudflare has integrated OpenAI's cybersecurity model into its security monitoring service to identify code vulnerabilities in customer applications and prevent attacks at the edge.
Bitcoin Below $80K, Digital Ruble and Hot Topics of the Crypto Forum
Bitcoin has once again become the center of discussions: participants of the community "RBC Crypto. Forum" in Telegram are debating the reasons for the correction, scenarios for September, leveraged trading, the digital ruble, and other topics in the crypto market. In the community, investors, trade...
Ripple: Brad Garlinghouse Links Slow Gold Movement to Cryptocurrency Value
Ripple has once again found itself at the center of discussions about cross-border payments after CEO Brad Garlinghouse highlighted the transportation of 86 tons of gold by the Central Bank of the Netherlands from North America to the United Kingdom. According to him, the very necessity of physicall...
Over 90,000 Unique Hooks Initialized in Uniswap v4, Expanding Development Experiments
In Uniswap (UNI) v4, the number of unique hook addresses initialized and connected to deployment pools has surpassed 90,000. This indicates that rather than just a simple increase in pools, customized DeFi features such as automated fees, liquidity management, and access restrictions are being widel...
$778 Billion Traditional Asset Futures Transform Exchanges
Perpetual futures linked to stocks, commodities, and indices have surged to a scale of $778 billion (approximately 1,050 trillion won) by August 2026, emerging as a new trading axis for crypto exchanges. Bitcoin (BTC)...
South Korea Aims to Tokenize Its Entire Stock Market: The Plan Already Has a Date
Nscale Seeks $3.5 Billion Before IPO and Redefines AI in Europe
Spark, Bitcoin's L2, Collides with the Open Source Culture of Its Own Ecosystem
Bitcoin: How Economists Dead for a Century Became the Bible of Bitcoiners?
Menger, Mises, Hayek: how the Austrian School, forgotten by economics faculties, became the bible of bitcoiners. Our video tells this comeback story.
Bitcoin Gains a Strategic Place in the Economy of the United Arab Emirates
Pentagon Subjects Senior Officials to Polygraph Tests to Uncover Leaks
The Pentagon has reportedly subjected dozens of senior officials to polygraph tests to identify who leaked information about the shortage of ammunition and Patriot systems during the war with Iran.
DAOs are forcing crypto protocols to choose between code and emergency brakes
New research shows how DAO security measures can quietly concentrate power even as crypto governance promises decentralization.
Fed stablecoin research exposes how the same dollar could count twice in M1 or M2
Fed staff explore how payment stablecoins could enter M1 or M2, and why reserve overlap could distort US money supply.
Post-quantum Bitcoin Protection: QuFi Tests Bitcoin Security Without Blockchain Changes
Post-quantum Bitcoin protection from QuFi Network demonstrates how digital assets can be prepared for future quantum risks without rewriting existing settlement networks. The company launched a post-quantum verification platform and showcased its operation on Bitcoin Testnet4. The overall principle ...
OCEAN Reactivates Lightning After Damage from Dashjr's Bet on BIP-110
SHAKA Festival 2026: The Startup Challenge that Puts Founders Face to Face with Investors
AI Data Centers: Cooling Goes Under the Sea
In response to local opposition in the USA, AI data centers are betting on seawater, a cooling technique already proven by Bitcoin miners.
Hegotá Censorship Resistance Confirmed, Slot Shortening Under Review
Ethereum's (ETH) target upgrade for 2027, Hegotá, has confirmed the enhancement of censorship resistance as a key focus. Slot shortening and account abstraction are under preliminary review, but the final ...
SDE ep 45: Cuba Uses Bitcoin as a Lifeline
Interview with Bill, Head of Bitget AI: In the AI Trading Era, How Far Are We from "Earning While Lying Down"?
Bitget launches a three-tier AI product: GetAgent (Chatbot Assistant), Agent Hub (Developer Tool), GetClaw (One-Click Product), covering users from geeks to newbies.
Bitcoin Surge in Australian E-commerce Faces Banking Hurdles: In-depth Analysis
Key Takeaways: Cryptocurrency usage in Australia for purchasing goods and services doubled from 6% to 12% in 2026.…
Tether Freezes $182 Million in Assets in One Day, Is USDT Still a Neutral Coin?
Putting your money in a stablecoin like USDT may actually carry a higher risk than holding it in the native asset
Payment Going Global: The Honest Man's Endurance Race
There is no shortcut to going global. The most reliable path is often the most costly and time-consuming one.
Brevis is releasing the ProverNet Whitepaper, detailing the first decentralized zero-knowledge proof generation marketplace.
The ProverNet is scheduled to launch by the end of 2025.
Revolutionizing Social Media: ION Brings Web2 Convenience to Web3 with Online+ Platform
Key Takeaways ION is building a “New Internet” focused on digital sovereignty, where users truly own their identity,…
...
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
