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Today in Crypto: Key App Reveals Bridge Connecting Solana & Ethereum, ECB Publishes Two Reports on Digital Euro, Russia Abandons National Crypto Exchange Plans, CoinEx Launches BitHK
30.5.2023
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: Key App Reveals Bridge Connecting Solana & Ethereum, ECB Publishes Two Reports on Digital Euro, Russia...
Hong Kong's Crypto Hub Ambitions May Not Last Warns Chinese Crypto Pioneer
30.5.2023
Hong Kong’s ambition to become a crypto hub may not be sustainable, according to a Chinese crypto veteran whose digital asset business in China was overturned by a regulatory crackdown.
In an interview with Bloomberg, crypto pioneer Bobby Lee, who set up China’s first Bitcoin exchange and founded...
Pony.ai Introduces Driverless Robotaxi Service in Shenzhen, Following Successful Launch in Guangzhou
29.5.2023
Chinese autonomous vehicle startup Pony.ai has introduced its driverless robotaxi service in Shenzhen.
On Monday, the autonomous vehicle technology company revealed that it has received a permit in Shenzhen to conduct robotaxi services without an onboard safety officer in the city's core areas...
Shiba Inu-Themed Floki Sees Trading Volume Surge Amid China Plans
29.5.2023
Floki prices rallied on Sunday amid a bitcoin-led market push and bets on the token's “China narrative.”
Chinese Yuan to Replace US Dollar as World’s Reserve Currency, Says Russian Banker
29.5.2023
Russia’s second-largest bank’s chairman says there is every reason to expect the Chinese yuan to replace the U.S. dollar as the world’s main reserve currency. He highlighted that the central bank of Russia has already begun investing its reserves in yuan, and over 70% of the trade turnover...
FLOKI Price Prediction - 400% Volume Rise as FLOKI Featured On China's CCTV-5, Can It Flip Pepe?
28.5.2023
The Floki price spiked double digits this weekend following the meme token appearing on Chinese television, on a 'powered by Floki.com' billboard for the World Table Tennis Championships. Could it overtake Pepe?
Sun Yingsha defeated Olympic champion Chen Meng 4-2 on Sunday, May 28th....
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Chinese Healthcare, Energy Firms Enable CBDC Pay – Digital Yuan Adoption Accelerating?
28.5.2023
Chinese healthcare and energy sector providers will allow patients and customers to pay with the digital yuan, in new breakthroughs for the nation’s central bank digital currency (CBDC).
Per the Chinese media outlet WXRB, both outpatients and hospitalized mental healthcare patients can now use...
Beijing Unveils 'Web3 White Paper' to Foster Innovation and Advancing the Industry
28.5.2023
The Beijing Municipal Science and Technology Commission has released a white paper in a bid to foster innovation and development within the Web3 industry.
Dubbed the "Web3 Innovation and Development White Paper," the paper was unveiled at the Zhongguancun Forum by the Beijing Municipal Science...
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