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Chinese Court Orders Refund in Controversial Crypto Contract Dispute
21.11.2024
A Shanghai court ordered a partial refund after ruling a token fundraising contract illegal, citing violations of Chinese financial regulations. Token Fundraising Faces a Major Setback in a Shanghai Court Judgment The Shanghai High Court published details on Wechat Monday about a crypto-related...
US bids to seize Bankman-Fried’s crypto allegedly used in China bribes
13.11.2024
Prosecutors petitioned a New York federal court to seize crypto they alleged is linked to bribes paid to Chinese officials by Sam Bankman-Fried
Chinese Microchip Giant Nano Labs Embraces Bitcoin Payments
12.11.2024
In a significant development for both the tech and the crypto industry, Nasdaq-listed Chinese microchip company Nano Labs…
Chinese microchip company says it’s now accepting Bitcoin as payment
12.11.2024
Huangzhou-based crypto mining chip maker Nano Labs saw its share price rise slightly after announcing it will start accepting Bitcoin as payment
Layer 1 Flare and Red Date Technology Set to Trial Stablecoin Buying for Chinese Nationals in Hong Kong
8.11.2024
The trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese in Hong Kong
UAE and Chinese Investment Firms Partner on Ethiopian Energy Infrastructure Project
7.11.2024
Hodler Investments and GCL Energy Investment have partnered to develop a distributed energy infrastructure project in Ethiopia to power next-generation data centers. Boosting Ethiopia’s Data Center Market The United Arab Emirates (UAE) investment firm Hodler Investments has partnered with...
Chinese Millionaires Driving Dogwifhat’s Rise Now Back DTX
28.10.2024
From its inception, Dogwifhat (WIF) has reached an all-time high of $4.73, giving a 278,135% refund at the…
8 Chinese Firms Exposed in High-Stakes Crypto Laundering Operation
26.10.2024
Indictments reveal how eight Chinese firms used cryptocurrency to obscure profits from illegal chemical sales. US Indicts Chinese Firms Using Cryptocurrency in Illicit Trade The U.S. Department of Justice (DOJ) has unsealed indictments against eight China-based chemical companies and employees...
Chinese OTC Trader Linked to Lazarus Group’s Crypto Laundering: ZachXBT
23.10.2024
On-chain investigator ZachXBT has exposed Yicong Wang, a Chinese over-the-counter (OTC) trader, for allegedly facilitating the conversion of…
Chinese trader laundered more than $17M for Lazarus Group in 25 hacks
23.10.2024
The North Korean cybercrime group is credited with some of the biggest crypto hacks, including the $600 million Ronin bridge exploit
Chinese trader laundered more than $17M for Lazarus Group in 25 hacks
23.10.2024
The North Korean cybercrime group is credited with some of the biggest crypto hacks, including the $600-million Ronin bridge exploit
First Mover Americas: Bitcoin Nears $65K as Chinese Stocks Rebound
14.10.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Ethiopia Boosts Bitcoin Mining Power Allocation to 600 MW
11.10.2024
Ethiopia has rapidly expanded its electricity allocation to Bitcoin mining, making it one of the world’s fastest-growing markets for this activity. The country plans to further increase its capacity this year. Many of the miners are using mid-generation machines due to their low power...
Zetrix brings digital ID verification to Chinese nationals abroad
3.10.2024
The Malaysian blockchain is the international supernode operator of China’s public Xinghuo blockchain
Black Myth: Wukong's Most Bizarre Mod Turns It Into A First-Person Shooter
2.10.2024
There are tons of mods for Black Myth: Wukong, from ones that make the action game’s parry window a little more forgiving to others that turn the main character into Goku. But I was not prepared for just how absurd and unhinged the hit 2024 game looks as a Wolfenstein-style first-person shooter....
Former Chinese finance minister urges crypto study after US Bitcoin ETF shift
29.9.2024
Lou Jiwei stresses that China must assess cryptocurrency developments, particularly as the US shifts policy on Bitcoin ETFs
Former Chinese finance minister urges crypto study after US Bitcoin ETF shift
29.9.2024
Lou Jiwei stressed that China must assess cryptocurrency developments, particularly as the US shifts policy on Bitcoin ETFs
Former Chinese finance minister urges crypto study after US Bitcoin ETF shift
29.9.2024
Lou Jiwei stressed that China must assess cryptocurrency developments, particularly as the US shifts policy on Bitcoin ETFs
Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions
29.9.2024
A select group of Russian companies, including electronics producers and financial institutions, has received approval to use cryptocurrencies for Chinese imports under a pilot legal framework. Overseen by Russia’s central bank and the Ministry of Finance, this initiative targets firms handling...
US License Expiration Imperils Russia-China Trade in Chinese Yuan
29.9.2024
A U.S. license allowing transactions with key players in Russia’s financial system expires on Oct. 12. This could make it harder and more expensive for Russian businesses to trade with China in yuan. The yuan is currently the most traded foreign currency in Russia after Western sanctions...