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The Losses of Hong Kong's Financial Industry Development

Chow Chung-kong, who served as the Chief Operating Officer and later as the Chief Executive of the Hong Kong Stock Exchange (HKEX), has passed away. He was also the Chairman of Cyberport and an independent non-executive director of Bank of China. Chow made significant contributions to the development of the Hong Kong financial industry and played a crucial role in shaping the HKEX. His leadership and support for innovation and technology in Hong Kong will be deeply missed. Colleagues and friends remember him as a respected leader and a humble and courteous person. His passing is a great loss to the financial industry in Hong Kong, and his contributions will be remembered and appreciated.

Hong Kong's Web3 industry has been developing at a rapid pace

Hong Kong's Web3 industry has been developing at a rapid pace

Hong Kong's Web3 industry has been developing at a rapid pace. Cyberport, as a wholly-owned enterprise of the Hong Kong government and a policy enforcer, has been instrumental in promoting the development of the Web3 ecosystem in Hong Kong. Since the announcement of Hong Kong's Virtual Asset Development Declaration in October last year, the industry has grown rapidly.

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HKMA's Digital Hong Kong Dollar Pilot Program

HKMA's Digital Hong Kong Dollar Pilot Program

Standard Chartered Hong Kong and Giesecke+Devrient have recently completed trials for the HKMA's Digital Hong Kong Dollar Pilot Program. These tests and experiential activities covered a range of application scenarios, including public transportation, restaurants, small businesses and university campuses.

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Standard Chartered Hong Kong to participate in Hong Kong dollar pilot project

Standard Chartered Hong Kong to participate in Hong Kong dollar pilot project

Standard Chartered Hong Kong was selected to participate in the HKMA's "Digital Hong Kong Dollar" Pilot Project. The project aims to test the application of analog digital Hong Kong dollars in different scenarios, especially in the absence of network or power supply. Standard Chartered said it is consolidating the data from the relevant tests and will announce the detailed results at a later date.

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Hong Kong Ballet hacked by ransomware

Hong Kong Ballet hacked by ransomware

The Hong Kong Ballet announced today (16th) that its computer network system has been hacked by ransomware, resulting in unauthorized access to its internal computer system. HKB has immediately conducted an internal investigation, hired a network security expert to assess the situation, and reported to the police and the Office of the Privacy Commissioner for Personal Data.

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BOC Hong Kong overlaid smart contracts in digital Hong Kong dollar

BOC Hong Kong overlaid smart contracts in digital Hong Kong dollar

BOC Hong Kong has successfully overlaid smart contracts in its Digital Hong Kong Dollar application. The first phase of the trial is open to some of the Bank's staff to purchase prepaid service contracts through the BoC Pay mobile payment application. After purchasing a pre-paid service contract from a preferred participating merchant, the customer's funds will be converted into a digital Hong Kong dollar.

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Digital Currency Trial: First Phase Opens to Banks, Financial Institutions

Digital Currency Trial: First Phase Opens to Banks, Financial Institutions

The first phase of the trial is open to some of the world's leading banks and financial institutions. The trial is designed to test the feasibility of using digital currency in a variety of ways. The second phase will be open to anyone who wants to take part in the trial. The third stage will be for those who want to participate in the digital currency trial.

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Cyberpolice International Forum to be held in France

Cyberpolice International Forum to be held in France

The Cyberpolice International Forum, organized by the Police Force, will be held for three consecutive days from today (13) The recent hacking of Cyberport has aroused public concern over cyber security. Senior police officers and cybersecurity experts from more than 40 countries or regions, including France, Australia and Israel, participated.

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Cyberport claims to have lost 400 gigabytes of personal data to hacker group

Cyberport claims to have lost 400 gigabytes of personal data to hacker group

Cyberport is suspected to have lost more than 400 gigabytes (GB) of personal data to a hacker group that claimed today (December 12) that the data had been "leaked" Cyberport claims that it has contacted the potentially affected persons directly and will provide them with free identity monitoring services.

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Cyberport Hong Kong hacked

Cyberport Hong Kong hacked

Falcon Feedsio, a cyber security platform, posted on social media that Cyberport Hong Kong had been hacked. Hackers had stolen up to 400GB of personal data of Cyberport's start-up staff, including proof of identity documents. The hackers are now demanding US$300,000, equivalent to HK$2.35 million, for the information. The Office of the Privacy Commissioner for Personal Data said today (7) that it had received notification of the data leakage incident on August 18.

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Hong Kong's cybercrime rate rises by nearly half

Hong Kong's cybercrime rate rises by nearly half

More than 15,000 technology crimes in Hong Kong in the first half of this year, which soared by nearly half compared with the same period last year. Police jointly organized the first "Net Hunting Campaign with Cyberbay, a start-up in cyberport network vulnerability detection. During the event, network security experts discovered a total of 197 network security vulnerabilities.

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Cyberport Dollar: Pioneering the Future of Virtual Assets and International Payments

Cyberport Dollar: Pioneering the Future of Virtual Assets and International Payments

The Hong Kong Monetary Authority (HKMA) has officially launched the Digital Hong Kong Dollar Pilot Project, with 16 companies selected to participate in testing across six major application scenarios. The Digital Hong Kong Dollar will serve as a bridge between traditional currency and virtual assets, primarily used for settlement of tokenized assets and international cross-border trade payments. It is expected to reduce intermediaries and transaction costs in cross-border payments.

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Successful Hosting of TechWave Web3.0 Project Day: Hong Kong Marks a Milestone in Blockchain Industry Development

Successful Hosting of TechWave Web3.0 Project Day: Hong Kong Marks a Milestone in Blockchain Industry Development

"TechWave Web3.0 Summit" is an event organized by Huawei Cloud and co-organized by Hong Kong Cyberport, Hong Kong Web3.0 Association, and Techub News. The event was successfully held at Hong Kong Cyberport. During the event, Huawei officially announced the Web3.0 Node Engine Service (NES) and Enclave Secure Computing, both blockchain services. Huawei Cloud also launched a Web3.0 Zone on its app store, with the initial batch of dozens of partner applications being featured. The event featured guest speeches from Mr. Peter Yan, CEO of Hong Kong Cyberport, Mr. Wang Yang, Vice President of Hong Kong University of Science and Technology, and Mr. Gao Jianghai, General Manager of Public Cloud Business, Huawei Cloud. Additionally, hundreds of representatives from global Web3.0-related companies, professionals, and industry leaders participated in the event to discuss topics such as Web3.0 industry development, infrastructure, application compliance, and the integration of data and reality.

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