Taiwan and the United States have reached a trade agreement, reducing tariffs on Taiwan to 15%, granting Taiwan the same treatment as Japan and South Korea. In return, Taiwan has committed to investing 500 billion USD in the United States, with a focus on the semiconductor supply chain security. The Trump administration used tariffs as leverage to encourage Taiwanese companies to establish factories in the U.S., and warned that companies not participating could face punitive tariffs of up to 100%. This agreement reshapes bilateral trade and strengthens U.S. industrial policy.

Internal conflicts at Taiwan’s well-known quantitative trading firm Quantrend Technology have intensified. After co-founder Tai-Yuan Chen publicly denied allegations that he was tidying up accounts and instead accused fellow co-founder Ching-Teng Hsu of embezzling more than NT$100 million in company funds, on December 4, Ching-Teng Hsu, through a lawyer’s letter, firmly denied the "false accusations." He also provided several loan agreements to prove that the cumulative amount he had lent to the company exceeded NT$100 million, emphasizing that he is Quantrend Technology’s largest creditor, not someone who has siphoned off company funds.

Taiwanese fintech company Quantrend Technology has recently erupted into a serious ownership dispute. The two co-founders, Tai-Yuan Chen and Jing-Teng Hsu, each issued statements yesterday (the 3rd), launching intense mutual accusations regarding the company’s financial status, the whereabouts of funds totaling up to NT$100 million, and the attribution of management responsibilities. Both parties have confirmed that the case has entered judicial proceedings, with former business partners now facing each other in court. (Men’s restroom full, hiding in the women’s restroom? Stealing company sofas and bottled water? Former “entrepreneurial genius” Tai-Yuan Chen alleged to have committed embezzlement, sexual harassment, and other outrageous acts) The whereabouts of Quantrend Technology’s hundreds of millions in funds remains a mystery The dispute was triggered by the disappearance of more than NT$100 million in company assets. Tai-Yuan Chen, both founder and supervisor of Quantrend Technology, stated in his announcement that when he fulfilled his supervisory duties and audited the accounts in October this year, he discovered that then-CEO Jing-Teng Hsu had handled bank deposits...

Quantrend Technology has been revealed to have internal disagreements among top management, resulting not only in the layoff of the vast majority of its employees but also in the suspension of company operations. Today, BlockTempo obtained an official statement from co-founder and supervisor Tai-Yuan Chen, who accused the former general manager of embezzling company assets, claiming that previously reported negative news was maliciously manipulated by certain parties. (Background: Quantrend Technology’s Tai-Yuan Chen accused of misappropriating company funds! Transferred 80,000 USDT to his own wallet, violently assaulted a partner, hid in the women’s restroom for workplace harassment, etc.) Tai-Yuan Chen, co-founder of the local well-known crypto quantitative trading firm Quantrend Technology, was recently reported to have misappropriated company funds and committed acts of violence against colleagues. After judicial intervention, the news shocked the fintech and Taiwanese crypto communities. However, Chen, together with his acting attorney, issued a statement today (the 3rd), claiming that the main reason for these negative attacks is that the company’s former general manager, Hsu Ching-Teng, was involved in embezzling more than NT$100 million in company funds. In his statement, Chen...

According to TechFlow, on December 3, Animoca Brands announced the completion of a charity fundraising event for the Tai Po fire rescue in Hong Kong, raising and donating a total of HKD 2,602,516.64 to the Hong Kong Red Cross Tai Po Fire Emergency Relief Fund. Approximately 33% of the donations (HKD 869,067.7) came from members of the global cryptocurrency community, while the remaining HKD 1,733,448.94 was contributed by Animoca Brands and its employees, co-founder and executive chairman Yat Siu, subsidiaries and projects (including Open Campus, Anichess, The Sandbox, Tower Ecosystem, etc.), and Moca.

The United States Justice Department has seized a web domain linked to a scam compound in Burma that ran cryptocurrency investment scams. Summary U.S. authorities have seized tickmilleas.com, a fraudulent crypto investment site operated from Burma's Tai Chang compound. The operation was

In brief DOJ said the tickmilleas.com domain was operated from the Tai Chang compound and used to present fake trading balances to victims. Google, Apple and Meta removed linked apps and accounts after FBI alerts, targeting thousands of associated profiles. The action follows sanctions on

After the fire at Wangfuk Court in Tai Po, Hong Kong, crypto world KOL Elizabeth claimed to donate 200,000 HKD but was questioned about the authenticity of the certificate. The community discovered several doubts, and the response from the person involved failed to quell the controversy, instead sparking a bigger uproar. (Background summary: When the voice of KOL is louder than VC: A wealth experiment kidnapped by traffic) (Background supplement: A candid account from a crypto KOL: Our era has already come to an end) The serious fire at Wangfuk Court in Tai Po, Hong Kong, resulted in hundreds of casualties and property losses. Charitable organizations such as Yan Chai Hospital immediately established emergency aid funds to support the affected citizens. The crypto assets industry also saw many businesses and individuals providing support, including several industry giants like Binance and Matrixport donating millions of HKD. However, on December 1, the well-known KOL @Elizabethofyou( from the crypto assets community...

According to Mars Finance, on December 2nd, TRON founder Justin Sun announced on the X platform that TRON has completed a donation of 10 million HKD to the Tai Po Hung Fuk Court relief fund supported by the Hong Kong SAR government to assist in the rescue efforts related to the Tai Po fire.

Justin Sun expressed deep condolences for the tragic fire in Tai Po, Hong Kong, which claimed at least 94 lives. He pledged personal support for reconstruction and urged the Web3 community to help victims. Reactions are mixed, with some praising his efforts while others view it as a reputation boost amidst his controversial history.