Hong Kong police announced Thursday they've formally charged two people with "conspiracy to publish seditious publications," a day after a raid on Stand News' office that's been denounced by Secretary of State Tony Blinken.
Why it matters: Hong Kong previously enjoyed freedoms that saw the city "flourish as a global center for finance, trade, education, and culture," Blinken said in a statement Wednesday evening. But these have been encroached on since China's government passed a draconian national security law last year.
Crypto investment firm Multicoin Capital recently told investors that its hedge fund assets have soared 20,287% since inception in October 2017, and that its first venture capital fund has returned more than 28x (net of fees), per two sources who saw the presentation.
Why it matters: Thesereturns offer a tantalizing glimpse into why limited partners who were once wary of digital assets are now clamoring to get behind it.
A group of Chinese attackers has been using the massive vulnerability in Log4j, a common piece of open-source code, to target a large academic institution, Crowdstrike says.