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Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar
20.2.2023
Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russia, India, China, and South Africa, collectively known as BRICS nations—are “coalescing against the dollar.” Schectman believes that...
China's only public blockchain Conflux sees CFX price skyrocket 1300% in 2023
20.2.2023
Social media metrics show strong retail investor sentiment behind the ongoing CFX price rally
Bitcoin regains $25K amid hope record China easing will boost BTC price
20.2.2023
Bitcoin whales are guiding BTC price around $25,000 and caution is needed, analysis warns
Filecoin Price Prediction as FIL Pumps Up 70% in 7 Days – Is China Buying?
20.2.2023
Leading decentralised storage protocol Filecoin (FIL) undertook a magnificent 75% rally over the weekend.
This marks a break to half a year of suffocative price action for the once highly-prized cloud-storage asset.
Filecoin is currently trading at $8.59 (+1.45% in the last 24 hours).
February...
Chinese Prosecutors Close Net on 40 Suspected Crypto Scammers
20.2.2023
Up to 40 suspected crypto scammers are facing prosecution in China – with 10 already standing trial.
Per Jimu News, 10 of the alleged scammers are being tried at the Enshi (Hubei Province) branch of the People’s Court on fraud charges.
The public prosecution agency claims that the “gang”...
Chinese Tech Giants Tencent and Bytedance Plan Cuts in Their Metaverse Divisions
20.2.2023
According to reports, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse divisions. Tencent recognized it is making some staff adjustments, amidst rumors of hundreds of layoffs in its extended reality division, while Bytedance...
Crypto’s next bull run will come from the East: Gemini co-founder
20.2.2023
Gemini co-founder Cameron Winklevoss believes the next crypto bull run will come from Asia, while America has two options — embrace crypto or be left behind
No, Hong Kong Won’t Be Allowing Retail Traders Access to Crypto on June 1
17.2.2023
A tweet suggesting the city will make crypto “fully legal” for all citizens is a misreading of the legislation
China Begins Hong Kong ‘Cross-Border’ Digital Yuan Pilot
17.2.2023
Shenzhen, China, has begun a retail-focused “cross-border” digital yuan pilot with Hong Kong.
China Banking and Insurance News (via JRJ) reported that the event is the brainchild of the central People’s Bank of China (PBoC) and the Luohu District local government. Luohu is located close to Hong...
Conflux partners with China Telecom to develop blockchain SIM card
15.2.2023
According to Conflux, the BSIM will have a secure place to store digital private keys and will support transfer and exchange of NFTs
Conflux Network to Build Blockchain-Based SIM Cards in Partnership With China Telecom
15.2.2023
Bridgewater CIO Warns of Deeper, Longer, and ‘Much More Painful’ Recession Than What We’re Accustomed To
13.2.2023
Bridgewater Associates’ co-chief investment officer has warned about a recession that is “much more difficult” and “much more painful” than what we’ve been accustomed to. “The dam has been broken where fiscal policymakers are now part of the story,”...
Chinese Government Sets Sights on Blockchain Future with New Center – Here's What You Need to Know
12.2.2023
China has launched a state-backed research center dedicated to exploring blockchain’s potential and achieving core technological breakthroughs related to the technology. ...
Read More: Chinese Government Sets Sights on Blockchain Future with New Center – Here's What You Need to Know
Chinese Government Launching National Blockchain Innovation Center
12.2.2023
The Chinese government is setting up a national blockchain innovation center in Beijing to focus on industrial applications and major use cases of blockchain technology, particularly those related to the Chinese economy. China Establishing New Blockchain Center China’s Ministry of Science...
Today in Crypto: PayPal Held $604M in Crypto on Dec. 31, Microsoft Fired its Metaverse Team, Binance Incorporated zk-SNARKs into its Proof-of-Reserves Verification
10.2.2023
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: PayPal Held $604M in Crypto on Dec. 31, Microsoft Fired its Metaverse Team, Binance Incorporated zk-SNARKs...
China Targets Blockchain Breakthroughs With Beijing Research Center: Report
10.2.2023
The center will focus on blockchain use related to the economy and individuals' livelihoods in an attempt to make the technology central to the country's digital infrastructure
China to launch national blockchain research center
10.2.2023
The goal of the new state-supported institution is to speed up the country’s industry through blockchain technology
China’s 180M digital yuan airdrop, Devastation in Turkey, Laos’ CBDC: Asia Express
9.2.2023
Our weekly roundup of news from East Asia curates the industry’s most important developments. China airdrops 180 million digital yuan to celebrate Lunar New Year According to state-owned media Global Times, Chinese cities airdropped a total of 180 million digital yuan (e-CNY) worth $26.6 million...
Bobby Kotick Is Stoking Chinese Fear To Champion The Microsoft Acquisition
8.2.2023
In order to ease UK regulators’ reluctance to approve the Microsoft acquisition, Activision Blizzard CEO Bobby Kotick went on CNBC to make a case for the merger. His comments about the UK becoming “Death Valley” if the merger was not approved have earned him well-deserved ridicule. But maybe...
Electricity- and Network-free Digital Yuan Payments Taking off in China – Report
8.2.2023
Electricity-free digital yuan payment adoption is reportedly on the rise in China – where smartphone users can spend their coins without a network connection.
Earlier this year, the central People’s Bank of China (PBoC)’s updated the official digital yuan app. The update allows users to...