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Three Bank Failures Open New Chapter in Never-Ending Financial Crisis
5.7.2019
The collapse of three banks on three different continents indicates a new global crisis is brewing. But it may also show that the last one never really ended and the tools used to manage the global economy simply don’t work. Also read: Side Effects of Economic Growth: Is Snowden Right to...
Tron’s Justin Sun Faces Backlash Due to Scam in China
5.7.2019
Justin Sun. Source: Twitter, @justinsuntron
The founder of the Tron blockchain project, Justin Sun, is facing harsh criticism in his home country of China after an alleged Ponzi scheme ended abruptly last week.
According to Chinese website Nuclear Finance, a pyramid-like investment scheme known...
Major Chinese Financial News Provider Quietly Adds Crypto Index
4.7.2019
Sina Finance, major Chinese financial news source, has silently launched crypto index on its mobile app, according to local reports
ECB, IMF, China, Italy and Now Donald Trump Builds a Case for Bitcoin
4.7.2019
Donald Trump. Source: Twitter, @realDonaldTrump
U.S. President Donald Trump has joined the ranks of other officials unintentionally building a case for Bitcoin and showing why it’s better compared to traditional fiat money systems.
In an eyebrow-raising tweet on Wednesday, Trump expressed...
French Fintech Startup Joko Raises 1.6 M Euros To Help Users With Credit Card Rewards
4.7.2019
Over the last five years, Fintech has grown into one of the hottest industries in the world and has grown by leaps and bounds across many countries. While the United States, United Kingdom, and China remain the leading lights of the new Fintech charge, other parts of Europe have also become active...
Buy Bitcoin? Trump Says US 'Should Match' China’s Money Printing Game
4.7.2019
Belligerent currency manipulation tweet from Trump bolsters the argument for crypto as a safe haven asset
Microsoft, Dell And HP Join Procession Of Manufacturing Processes Being Moved From China
3.7.2019
Over the past decades, China has managed to become the world’s biggest hub for manufacturing for some of the biggest tech giants in the world. The reason behind that particular boom was manifold. Cheap labor was abundant in the country and in addition to that, there was a willingness among vendors...
Huobi Unveils ‘Finance Chain’ For Building Enterprise Blockchains
1.7.2019
Huobi develops a public blockchain to enable companies to deploy their own blockchains, following a new partnership with Nervos
Deloitte: China Looking to Use Blockchain as a 'Strategic Weapon'
1.7.2019
China is the biggest believer globally that blockchain is a top-five strategic priority in the country, according to Deloitte
IMF Predicts Central Banks to Issue Digital Currencies
29.6.2019
The IMF says central banks are interested in digital currencies, and several countries may join Uruguay in testing out CBDCs soon
Bitmain IPO Plans May be Rekindled With Crypto Winter's End
28.6.2019
Now that the crypto winter is finally over, Bitmain is looking at an IPO in the U.S., reports suggest — learn more details in our analysis
Will China Still Run Tight Ship Around Participating In Global Digital Competition?
26.6.2019
China has been known to shut itself off from the relatively newly emerged financial revolution- The Blockchain revolution. Several bans around the crypto activities, Initial Coin Offerings, etc. have prevented the country to participate in the crypto sphere despite the boom in the industry. Since...
Walmart China Will Track Food in Supply Chain with Vechain's Thor Blockchain
25.6.2019
Walmart China to monitor fresh food progress through the supply chain using Vechain’s Thor blockchain
Walmart China Teams with VeChain, PwC on Blockchain Food Safety Platform
25.6.2019
Walmart China has launched a blockchain-based platform aimed to address food safety concerns in the country
‘Walmart China Blockchain Traceability Platform’ Announced Today!
25.6.2019
Today, China Products Safety Publicity Week Traceability System Construction Seminar 2019 was organized. Walmart and CCFA organized this seminar in Beijing, China. In the seminar, Walmart, CCFA (China Chain-Store & Franchise Association), PwC, Inner Mongolia Kerchin Co., and VeChain’s combined...
Local Chinese Startups Leave IBM And Oracle In The Dust
25.6.2019
The trade war between the United States and China is expected to continue for the foreseeable future and it has had far-reaching effects across a range of industries so far. One of the most interesting developments in that regard is the way in which local Chinese tech startups have now managed...
Coca Cola And China’s Mengniu Dairy Sign Olympics Sponsorship Deal Worth $3 Billion
24.6.2019
While the trade war between the United States and China is going on at full tilt for months, two of the biggest corporations from the two countries have come together to sign a gargantuan sponsorship deal for the Olympics. The sponsorship deal signed by soft drinks maker Coca Cola and Chinese dairy...
FedEx Apologises After It Returned Huawei Phone Package And Draws Chinese Criticism
24.6.2019
The trade war between the United States and China has been one of the most damaging and problematic global issues of recent times, and currently, there is no end in sight to the skirmish. However, the crackdown of the United States authorities on Chinese tech giant Huawei and the eventual...
Wanxiang City Partners With PlatON, a Blockchain Privacy Startup, To Build Tracking Infrastructure
21.6.2019
China will build a blockchain-managed live-work district in Hangzhou
Bitmain Shifting IPO Plans to the US on Growing Bitcoin Optimism
21.6.2019
Chinese cryptocurrency mining giant Bitmain is revising plans for an initial public offering, according to a report