A Chinese state-run newspaper has published an article warning about bitcoin’s price falling to zero amid the crypto market sell-off. Meanwhile, financial regulators in Shenzhen have issued a new warn...
Tag: Chinese
Chinese State-Run Media Warns About Bitcoin’s Price Falling to Zero as Regulators Issue Fresh Crypto Warning – Featured Bitcoin News
A Chinese state-run newspaper has published an article warning about bitcoin’s price falling to zero amid the crypto market sell-off. Meanwhile, financial regulators in Shenzhen have issued a new warn...
F-star Surges 60% On $161 Mln Acquisition Offer By Chinese Billionaire Family’s Sino Biopharmaceutical
Gains in economic development and income have turned China into one of the world’s largest markets … [+] for pharmaceuticals and spawned home-grown industry heavyweights. (Photo by Kevin F...
Chinese memory chip king’s rapid growth, Musk’s China challenges
Hi everyone, this is Lauly writing from the heat of Taipei. I’m sending this week’s #techAsia from a traditional breakfast restaurant without air conditioning. It’s across the street from one of iPhon...
Chinese Government Warns that Bitcoin will go to zero
With the popularity of Bitcoin and other cryptocurrencies, China is one of the countries with a warning about the future. Cryptocurrency prices have fallen below $19,000 before returning to the north ...
Bitcoin Primed For Immense Volatility As Chinese State Media Warns BTC Could Crash To Zero ⋆ ZyCrypto
Advertisement     The price of bitcoin and other cryptocurrencies has gyrated in recent days as investors remain wary due to recession fears. A Monday mini-rally had B...
Chinese court invalidates 2019 car sale made using now worthless crypto token
Last week, a WeChat post published by the Shanghai Fengxian Court began circulating in crypto circles with regards to its recent ruling on a car sale in May 2019 made using digital currency. At the ti...
A Chinese Alternative to Dollar-Based Stablecoins? Widening the Use of the CNH Presents Challenges; BTC Remains Above $20K
Ether, the second-largest crypto by market cap, was down about 2%, changing hands just above the $1,100 position it reclaimed late Sunday. Other major altcoins were mixed with FTT up over 9% at one po...
Chinese messaging app WeChat bans accounts involved in crypto
After the widely publicized crackdown by the Chinese government on anything that has to do with cryptocurrency, one of China’s most popular instant messaging and calling apps – WeChat – has banned cry...
Virtual Currency-Based Sale Agreement an Invalid Contract, Chinese Court Rules – Regulation Bitcoin News
A virtual currency cannot be circulated in the market as a currency, therefore a vehicle sale contract wherein parties agreed that the buyer would pay with a privately issued digital currency is inval...
Congo Miner Threatens to Seize Giant Cobalt Project From Chinese Partner
(Bloomberg) — A shareholder dispute over one of the world’s biggest copper and cobalt mines is heating up in the Democratic Republic of Congo, after state miner Gecamines threatened to block exp...
Chinese Education Tycoon Regains Billionaire Status By Pivoting To Livestreamed Sales
Yu Minhong, founder and chairman of New Oriental Education & Technology Group Inc. (Photo by Visual … [+] China Group via Getty Images/Visual China Group via Getty Images) Visual China Group...
Chinese chip designer founded by former Canaan execs seeks $50 million Nasdaq IPO
A Chinese designer of computing chips founded by former executives of bitcoin mining firm Canaan is seeking to go public in the United States. Nano Labs filed papers with the Securities and Exchange C...
Chinese chip designer reportedly filed for $50M Nasdaq IPO
Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions. According to information ob...
Chinese automakers want to bring assisted driving to the masses
Jidu, Baidu’s electric car venture alongside Geely, revealed its first concept car on June 8, 2022. Baidu BEIJING — As Chinese companies race for a slice of the world’s largest car market,...
‘Jurassic World Dominion’ Shows Why Hollywood Never Needed Chinese Box Office
Chris Pratt as Owen Grady in JURASSIC WORLD DOMINION (c) 2021 Universal Studios and Storyteller Distribution LCC. All Rights Reserved. Jurassic World Dominion began its domestic box office run with $1...
2 Chinese EVs to benefit as car sales in June expected to rise more than 10% YoY
It seems as if the pandemic peak in China has passed and that most workers took full leave in the early innings of the outbreak. Resumption of work and production appears to be coming back slowly. Me...
Experts See Fresh Opportunities In Chinese Stocks With Economic Activity Set To Rebound After Shanghai Reopening
Topline Global markets have recently benefited from positive news out of China, which is lifting coronavirus lockdown restrictions in Shanghai and reportedly easing regulatory crackdowns on its tech s...
Biden To Usher In Cheap Chinese Panels With Solar Power Shake-Up
China makes 70% of the world’s solar panels, for installation at projects like this one in Gansu … [+] Province. China News Service via Getty Images There was a mixed reaction yesterday to...
DIDI Stock Up 49.73% as WSJ Reports Chinese Regulators Are Poised to End Probe
The crackdown on DIDI has been dual-faced with the company noting that the United States Securities and Exchange Commission (SEC) is also investigating it in relation to its IPO last year. Chinese rid...
What It Means to Be Chinese in Crypto
Crypto conferences used to be quite the scene in Shanghai: fancy venues in five-star hotels, rooftop bars overlooking Huangpu River at The Bund, where chandeliers sparkled above well-dressed, champagn...
Here’s Why DiDi, And These Two Chinese Stocks Are Trading Higher Today
Reuters Stocks gain on improved sentiment, crude at $120 Wall Street stocks rose on Monday, tracking gains in Asia and Europe on signs of an easing of restrictions by China, and as investors took expe...
Top Chinese venture capital firm Hillhouse beats back lay-off rumours after portfolio hit by plunging tech stocks
China’s top private equity firm Hillhouse Capital, a major investor behind Big Tech firms like Tencent Holdings and Meituan, denied rumours of large-scale lay-offs on Wednesday amid a slowing ec...
Chinese Traders Find Aluminum Stocks They Financed May Not Exist
(Bloomberg) — Several Chinese traders are complaining that they were duped into providing loans against artificially inflated aluminum stockpiles, less than a decade after the market was roiled ...
Chinese electric car start-up WM Motor files to go public in Hong Kong
Chinese electric car company WM Motor, or Weltmeister, filed Wednesday to go public in Hong Kong. Pictured here is one of the company’s cars in a shopping mall in Shanghai. Future Publishing | F...
Chinese Media Outlet Hints At Stricter Regulations For Cryptocurrency Assets Post Luna Crisis
Through its national media, the Chinese government announced to the public the possibility of tighter regulations against the cryptocurrency sector. This, the media explained, was caused by the recent...
Chinese state media hints at increased crypto regulations after Terra`s collapse
The Chinese government has used its Economic Daily newspaper to indicate that additional regulatory action may be taken against stablecoins in the wake of Terra’s algorithmic stablecoin failure. In Ma...