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,…
TOP Crypto AI 2026: Why Comparing Qubic, TAO, Render, FET and NEAR by Price No Longer Makes Sense
Castle lets users convert STRC dividends into Bitcoin
Bitcoin could get the dollar drop bulls want this week without getting the liquidity rally they need
A stronger euro could improve Bitcoin's currency backdrop while doing little to relieve the high yields and tight financing constraints.
Altcoin Market Drops 58% Since Peak, Anonymous Cryptos Gain 213%
The privacy sector has risen by 213% since the peak in October while the median of altcoins has lost 58%, according to Glassnode. Everything hinges on a single token, Zcash.
Turbulent Market, Preserved Capital: The Video of Steady Lads' First Anniversary is Here!
One year after the launch of Steady Lads, Cara reflects on the bear market, portfolio management, and her scenarios for Bitcoin and altcoins.
Used Car Prices in September 2026: How Much Do the Most Sought-After Models Cost?
The most in-demand models adjust their numbers in the official list of the Automotive Commerce Chamber.
MIT Study Warns of Extreme Gaps in Food, Water, and Energy by 2050
A modeling study from MIT warns that access to food, water, and energy could diverge drastically depending on the region and income level by 2050. In some scenarios, the poorest households in Africa could spend nearly half of their income on food, while other populations would face particularly seve...
Proteomic clocks link accelerated aging to higher risk of death and disease
An analysis of 17,473 participants links the acceleration of age measured with blood proteins to a higher risk of mortality, cardiovascular diseases, dementia, and various types of cancer.
Qatar Faces Record Quarterly Deficit Since 2016 Following LNG Collapse
Qatar recorded a quarterly deficit of 21.2 billion riyals, equivalent to approximately USD 5.8 billion, as geopolitical disruptions affected its LNG exports through the Strait of Hormuz. The gap for the first half of the year already exceeds the budget forecast for all of 2026.
Response to Labor Shortage: How Artificial Intelligence is Transforming Ukrainian Business
Innovation Week 2026: AI to be Discussed in 41 Activities
Event delves into ethical dilemmas, social protection, and productivity, uniting cutting-edge technology and humanization in public service.
Joe Biden's Son's LAPTOP Memecoin Shunned Before Its First Trade
Kalshi court split could fragment US prediction markets: expert
Wholesale dollar falls below $1.510 and the gap with the ceiling of the band holds at 25%
The local market expects more favorable flows in September and focuses on the August CPI.
Tether AI Wallet Spending Limits, WDK Leaves Responsibility to Developers
An artificial intelligence (AI) agent holding Tether (USDT) must first establish spending controls before it can actually use funds. Tether's Wallet Development Kit (WDK) separates fund storage from transaction approval pathways, but the responsibility for preventing budget overruns remains with the...
ETF Flows: How to Read Inflows and Outflows of Capital in Cryptocurrency Funds
ETF flows have become one of the most illustrative ways to understand where institutional capital is moving in the digital asset market. Following the launch of spot Bitcoin ETFs in the United States in January 2024, this metric has reached parity with trading volumes, futures positions, and on-chai...
Arthur Hayes: Dollar Weakness and Yen Strength Transition Triggering Cryptocurrency Rally
Arthur Hayes recently focused on the changes in Japan's capital flow rather than U.S. interest rate comments as the backdrop for the recent cryptocurrency rebound. Japanese funds moving from overseas back to domestic markets could induce yen strength and dollar weakness.
European Funds Leave the US: A Chance for France and Bitcoin?
Nansen becomes first front end to support Outcome.xyz HIP-4 markets
Treasury Bonds: The Darkest Performance in Over 200 Years Reveals a New Paradigm
ChatGPT, Claude, and Grok All Go Down: Why Is Everyone Suspecting Cloudflare?
Changpeng Zhao: Kyrgyzstan has made a leap to become a crypto hub in just one year, a process that usually takes up to 9 years
Changpeng Zhao believes that Kyrgyzstan has made a rare leap in regulating digital assets: in just one year, the country has moved from discussions to a working infrastructure where banks are already interacting with cryptocurrency exchanges, and stablecoins are being issued in practice. The founder...
Weekly Net Purchases by Listed Companies Decrease by 48%, Strategy Did Not Increase Bitcoin Holdings Last Week
Weekly Net Purchases by Listed Companies Decrease by 48% as Strategy Holds No Bitcoin
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
