When Singapore Deputy Prime Minister Lawrence Wong visited the city state’s fintech festival in November, he assuredly got with the programme and bought his coffee online from popular local chai...
Tag: Chinese
Bitcoin Study Claims Chinese Crypto Traders Are Price Gouging Korean Buyers, But They’re Not (Opinion)
There’s a crypto study out of South Korea recently of Chinese Bitcoin arbitrage traders and Korea’s “kimchi premium” on Bitcoin prices. Its characterization of the cross-border Bitcoin trade and recom...
Chinese hospital says half of its staff got Covid
Locals line up for medical treatment at the Beijing Hospital of Traditional Chinese Medicine on June 1, 2022. CFOTO | Future Publishing | Getty Images BEIJING — About half of the nearly 2,000 workers ...
Chinese Billionaire Jack Ma Agrees to Cede Control of Fintech Giant Ant Group – Fintech Bitcoin News
Chinese billionaire Jack Ma recently agreed to give up control of Ant Group as part of changes to the fintech’s corporate structure, which will supposedly not have an impact on “the economic interests...
Not discriminatory to Chinese travelers
South Korea on Tuesday hit back at claims that its Covid rules for Chinese travelers are “discriminatory,” saying more than half of its imported cases are coming from China. In a response ...
Former Chinese Official Apologizes for His Involvement in Cryptocurrency Mining
Alex Dovbnya Expelled CCP official was covering up illegal cryptocurrency mining farm that was consuming plenty of electricity Former Chinese official Xiao Yi from Fuzhou city, who had previously been...
The U.S. Navy Submarine Force Could Sink The Chinese Fleet And Save Taiwan. But At The Cost Of Half Its Boats.
USS ‘Seawolf.’ U.S. Navy photo If and when China attacks Taiwan, the U.S. Navy’s submarines could be the first forces to take shots at the Chinese invasion fleet. How many Chinese ships th...
Chinese are angry at South Korea and Japan
Travel restrictions launched in the wake of China’s border reopening may be affecting where people there are booking trips. But it’s not out of spite, said several Chinese travelers who sp...
Chinese travelers ready to flock overseas for Western mRNA vaccines
Passengers prepare to enter Shenzhen through the Lok Ma Chau Spur Line Control Point on the first day of the resumption of normal travel between Hong Kong and mainland China on Jan. 8, 2023, in Hong K...
Jim Cramer: Get Out of Crypto and Scale-Out of Chinese Stocks
Jim Cramer advised investors to get out of crypto. The CNBC host also warned about Chinese stocks. Cramer believes that investments in traditional stocks and mutual funds will yield better returns. On...
Chinese miner predicts ethereum surging earlier than bitcoin in 2023
Chinese miner Jiang Zhuoer expects ETH to rise in value and permanently leave its current bottom range between March and May 2023. However, the outlook for BTC is not as optimistic, with a sideways pe...
$4.1 M stolen by Chinese Criminal from Victim’s Car
The victim was attending a gathering of crypto investors. The attacker restrained him in the parking lot and made him transfer $4.1 million to his wallet. A warrant has been issued; further investig...
Jack Ma cedes control of Chinese fintech giant Ant Group
Chinese billionaire Jack Ma is ceding control of Alipay owner Ant Group. , the Alibaba-affiliated company announced it would end agreements that had allowed Ma to hold a dominant position within Ant G...
Chinese criminal steals $4.1M in crypto from victim’s car
An attacker used a crypto investor’s facial ID to unlock his wallet by force and transferred $4.1 million to his own address in China on Jan.1, as reported by local news outlets. The attacker located ...
Chinese Researchers Claim They Cracked Encryption With Quantum Computers
While the world continues to reel from how far artificial intelligence has come with projects like ChatGPT, Chinese researchers recently claimed that they have been able to crack encryption using quan...
Chinese researchers claim 48-bit encryption cracked with quantum computing
In a scientific paper titled “Factoring integers with sublinear resources on a superconducting quantum processor,” a group of Chinese researchers claimed that they could crack RSA encryptions on phone...
Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of Discovery – Bitcoin News
According to reports circulating on the web, 24 Chinese researchers have reportedly succeeded in breaking RSA encryption using a quantum computer. This would be a significant achievement, as RSA encry...
Chinese Tech Stocks Surge with Approval of Ant Group Capital Plan
Investors celebrated over the hope of a positive regulatory environment for private tech companies in China going ahead. On Wednesday, January 4, stocks of the US-listed Chinese tech companies soared ...
Chinese players axed from top snooker tournament over match-fixing crisis
YORK, UK – Nov 12, 2022: Zhao Xintong of China competes during the first round match against Sam Craigie of England at 2022 UK Snooker Championship in York. Zhai Zheng/Xinhua via Getty Images LO...
Chinese court says laws will not protect P2E game investments
The Shanghai Qingpu court in China declared that investments in cryptocurrency-powered play-to-earn (P2E) games are not legally protected. The judgement came after the plaintiff, Li Xiang 2021, inves...
Chinese Stocks Gain $70 Billion As Ant Group’s New $1.5 Billion Plan Fuels Investor Optimism
Topline Chinese stocks listed on U.S. exchanges soared Wednesday, far outpacing the broader market, as investors latched onto a rare easing of business regulations from Beijing. It was a banner day fo...
Chinese Startup Nezha Delivered More EVs Than Nio In 2022: Report
Chinese electric car startup Nezha has been grabbing eyeballs after claiming it made 152,000 vehicle deliveries in 2022, surpassing 122,486 deliveries by Nio Inc (NYSE: NIO). Nezha, a brand under star...
Upstart Chinese electric car brand delivered more cars than Nio in 2022
A pink Nezha V and black Nezha U Pro electric car models are on display at a store in Shanghai on Nov. 7, 2021. Costfoto | Future Publishing | Getty Images BEIJING — Another budget-priced electric car...
Chinese Stocks in Hong Kong Post Best Start to a Year Since 2018
(Bloomberg) — Chinese equities overcame an early bout of volatility to advance on the first day of the new year as optimism grew that Covid infections may have peaked in some parts of the nation...
Five Chinese startups that survived a tough year of Covid lockdowns
A Kennon Robotics robot delivers food at a Haidilao hotpot restaurant in Shanghai on April 7, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — In a year of Covid lockdowns and travel restrictions...
Most Chinese shoppers are very cautious about going out, survey finds
Shoppers enter a newly opened Sam’s Club in Beijing on Dec. 23, 2022, the chain’s fourth store in China’s capital city. Zhao Jun | China News Service | Getty Images BEIJING — Most Ch...
Created Headline:- Bitcoin Miners Bribed Chinese Community Party Officials
Xinwen Lianbo, the daily news agency of state-owned China Central Television reported on December 29th, 2022 that Xiao Yi, the former Communist Party secretary for the city of Fuzhou pleaded guilty to...
The COSCO Danger Looms Large For The Global Supply Chain
COSCO sounds benign, but the term should never be confused with COSTCO, your local friendly retailer. If you hear the term COSCO, you should be asking yourself the question on the larger impact of the...
Chinese Digital Yuan Usage Needed to be Widened, Says Former PBOC Official
Recently a former official of a Chinese financial institution reported to highlight the current situation of the central bank digital currency (CBDC) in the country. He said the ‘digital currency is l...