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Beijing releases white paper for web3 innovation and development
28.5.2023
Hong Kong's crypto regulations coinciding with the white paper released in Beijing pique interest
China’s Credit Agency Downgrades US Credit Rating Over Debt-Ceiling Standoff and Looming Default
27.5.2023
China’s oldest credit rating agency, Chengxin International Credit Rating (CCXI), made headlines this week by downgrading the United States’ credit rating. The agency lowered the rating from AAAg to AAg+ and attributed this decision to the escalating political discord, rising inflation...
Argentina to Expand De-Dollarization Efforts; Seeks Extension of Yuan Based Swap Line With China
27.5.2023
The government of Argentina is reportedly seeking to expand its de-dollarization agreement with China due to the lack of dollars that the country is facing. According to reports, Economy Minister Sergio Massa would be in talks to expand the current swap line to double the available amount from...
EAEU Official Urges BRICS and SCO for Joint Use of Digital Currencies, New Payment Card
27.5.2023
Three integration unions with Russian participation, BRICS, SCO, and the EAEU, should adopt joint policies on the use of digital currencies, according to a top representative of one of them. He also believes the international organizations should develop a new payment system with its own bank...
Xi Jinping and Putin Discuss BRICS Cooperation With Brazil’s President
27.5.2023
Chinese President Xi Jinping and Russian President Vladimir Putin engaged in phone conversations with Brazilian President Luiz Inácio Lula da Silva regarding their joint work within the BRICS group ahead of the economic bloc’s leaders’ summit. Lula has been a vocal advocate of ditching...
Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?
26.5.2023
Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has lost 60% of its market cap, with the S&P 500 only about 15% from its all-time high
Today in Crypto: Gemini Chooses Ireland for European Headquarters, Coinone Exec Admits to Bribe-for-Listing Charges, Chinese's City Reveals Metaverse Policy Draft to Attract Companies
26.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Gemini Chooses Ireland for European Headquarters, Coinone Exec Admits to Bribe-for-Listing Charges...
Multichain Daily Bridging Volume Sees 5x Increase After Alleged Team Arrest, Barely Any Panic for Fantom
26.5.2023
Rumors have been spreading throughout the cryptoverse that the major blockchain bridge Multichain team has been arrested by the Chinese police - with the shockwaves hitting the Fantom (FTM) ecosystem softer than expected.
Per several Twitter accounts, the Chinese community has been reporting...
VeChain’s adoption is growing in China; Will VET Go Up?
26.5.2023
VeChain, the leading blockchain platform, is revolutionizing the landscape of blockchain adoption in China with its groundbreaking advanced features of ‘Fee Delegation.’ With this feature, VeChain empowers businesses to embrace blockchain technology without the complexities of handling...
Chinese city releases policy draft for metaverse industry development
26.5.2023
The policies include a series of cash benefits to attract metaverse-related companies to set up shop in the city
Binance CEO: China TV Broadcast 'Big Deal' for Crypto
25.5.2023
A segment on Chinese state television about crypto has caught the attention of the cryptoverse, with Binance CEO Changpeng Zhao (CZ) pointing out that similar reporting in the past has triggered bull runs.
“CCTV (China Central Television) just broadcasted crypto. It's a big deal. The Chinese...
This Nugget-Shaped Tetris Handheld From McDonald’s Is Real And Playable
25.5.2023
Did you know that this year marks the 40th anniversary of the introduction of McDonald’s chicken nuggets to the fast food giant’s menu? And to honor that milestone, McDonald’s has released a new chicken nugget-shaped handheld gaming device that plays Tetris. Read more
Crypto Exchange Hotbit Says ‘Deteriorating Conditions’ Forced It to Stop Operations
25.5.2023
China-headquartered cryptocurrency exchange, Hotbit, said on May 22 it had made the decision to halt “all cex operations.” The crypto exchange pointed to the “continuous outflows of funds from cex [centralized exchange] users” as one of the many factors that forced Hotbit...
Chinese state media removes video on crypto after Binance CEO calls it 'big deal'
25.5.2023
Although China has maintained a hostile stance against crypto, the recent developments in Hong Kong got many to speculate about its impact on China
Binance CEO Claims Chinese Communities Are ‘Buzzing’ After CCTV Airs Crypto Segment
25.5.2023
On May 24, Binance CEO Changpeng Zhao, also known as CZ, shared through Twitter that “Chinese speaking communities are buzzing” following a news broadcast by state-operated media network China Central Television (CCTV) regarding Hong Kong’s latest cryptocurrency-focused regulatory...
Chinese President Xi Jinping Says China Ready to Strengthen Cooperation With Russia
25.5.2023
Chinese President Xi Jinping has stated that China is ready to strengthen cooperation with Russia. The two nations reportedly want to “develop and establish a bigger regional market” while ensuring “a more stable and robust global supply chain” in order to “bring real...
Russia and China Carry Out Most Settlements in Yuan and Ruble, Russian PM Mikhail Mishustin Says
24.5.2023
The larger portion of payments between Russia and China are now processed using the currencies of the two countries, Prime Minister Mikhail Mishustin revealed. Moscow and Beijing intend to increase mutual trade beyond the $200-billion target this year, added the head of the Russian government....
China Central Television’s Segment on Crypto Garners Attention Around the World
24.5.2023
China Central Television aired a segment on Tuesday involving virtual assets, which garnered attention from around the world.
The segment, which is just over a minute long, features bitcoin, nonfungible tokens and is titled “Hong Kong Securities Regulatory Commission: Implementing a mandatory...
China Central Television airs crypto segment in rare move
24.5.2023
CCTV programming has an audience of over 1 billion within Mainland China
Black Market for Worldcoin Credentials Pops Up in China
24.5.2023
The startup looking to create a global blockchain-based identification system using iris scans is getting duped by Chinese users