Crypto Investor Joseph Tai Set to Become a Chariman of Alibaba

Joseph Tsai, a well-known crypto enthusiast and investor, has been announced as the new Chair of Alibaba. This news has sparked a wave of optimism among crypto investors, who are anticipating a bullish turn in the market.

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Alibaba's Crypto Friendly Joseph Tsai Set to Become Chairman

Joe Tsai, one of Alibaba’s founders, has been an active Web3 investor and once tweeted “I like Crypto.”

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Alibaba Cloud will create a platform for Web3 developers

Alibaba Cloud, the digital technology division of Alibaba Group, has announced the development of a platform for Web3 developers. PlatON and HashKey Group became partners of the company. PlatON is a future-generation Internet infrastructure protocol that connects the crypto world with the real world.

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China's Ant Group to Work With Malaysian Investment Bank Kenanga on Crypto 'SuperApp'

Chinese technology company Ant Group, an affiliate of Alibaba, is working with Kenanga Investment Bank on Malaysia's first "SuperApp," which will include crypto trading, e-wallets and portfolio management.

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Alibaba executive vice-chairman says he likes crypto amid ban in China

Joe Tsai, the executive vice-chairman of e-commerce giant Alibaba, has come out to reveal that he likes crypto. Tsai, who is the owner of NBA team Brooklyn Nets, shared his love for the nascent asset class through a tweet earlier today, simply saying he likes crypto.

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Short-term Holders’ Bitcoin Stake Drops as Price Falls Below $50k; Stock Market Rallies to New Highs

Meanwhile, Mexico's third-richest billionaire continues to encourage his followers to invest in bitcoin and avoid fiat while the vice chairman of Alibaba Group announces, “I like crypto.” The post Short-term Holders’ Bitcoin Stake Drops as Price Falls Below k; Stock Market Rallies to New Highs first appeared on BitcoinExchangeGuide.

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I Like Crypto, Alibaba's Executive Vice Chairman Says

Joe Tsai from Alibaba Group, who also owns the Brooklyn Nets, has admitted that he is pro-cryptocurrency

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Morgan Stanley acquires more GBTC, Alibaba to halt crypto mining gear sales, and a possible scenario for $6 million BTC: Hodler’s Digest, Sept. 26-Oct. 2

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Alibaba Bans Sale of Mining Rigs, Senator Ted Cruz Opposes Joe Biden’s Pick: Crypto News Digest by U.Today

Check out the latest news digest by U.Today!

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Alibaba suspends buying and selling of crypto mining machines

E-commerce giant Alibaba said it will stop offering overseas sales of crypto mining machines. According to the company, the decision is in line with the latest ban issued by the Peoples Bank of China.

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Bitmain Moves Production Out of China, Crypto Mining Pools Continue to Shut Down

Meanwhile, Chinese giants Tencent and Alibaba apply for several Metaverse-related trademarks while Huawei Cloud launches blockchain services. The post Bitmain Moves Production Out of China, Crypto Mining Pools Continue to Shut Down first appeared on BitcoinExchangeGuide.

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China Ban: TradingView & Data Sites Inaccessible, Alibaba Stops Miners & Crypto Sales, “Complete Shutdown” for SparkPool Users

Popular cryptocurrency market data sites CoinGecko and CoinMarketCap are not accessible for users in mainland China after the Peoples Bank of China reiterated that crypto-related business activities are “illegal,” which also covered overseas exchanges offering their services to Chinese residents through the Internet.

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Alibaba to ban the sale of crypto mining equipment from October

China has increased its crackdown on crypto-related activities, and this has resulted in users… The post Alibaba to ban the sale of crypto mining equipment from October appeared first on Coin Journal.

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Largest Supplier of Crypto Mining Gear in China, Alibaba, Announced Ban on Sale of All Crypto Mining Rigs

One of the world's largest mining gear suppliers has to stop selling rigs to continue functioning in China

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With Alibaba’s NFT Push, More Investors Will Be Exploring Ways to Leverage Their NFTs

Chinese e-commerce behemoth Alibaba has surprised the crypto world by launching a non-fungible token marketplace. According to the South China Morning Post, Alibaba’s NFT marketplace not only allows users to buy and sell NFTs, but also license intellectual property (IP) copyrighted by blockchain technology.

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Alibaba Cloud Says It May Stop Servicing Crypto Mining Companies in China

Chinese media sources state that Alibaba Cloud behemoth may stop providing services to crypto companies in China – that would hit Bitcoin miners but not exchanges

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MAS Receives Over 300 Applications Including Alphabet, Alibaba, & Binance for Payments and Crypto Exchange Licenses

While calling Bitcoin a “speculative asset,” which is very complex, the top central bank official Sopnendu Mohanty said, if people want to go out and buy such risky assets, “it is their choice.” The post MAS Receives Over 300 Applications Including Alphabet, Alibaba, & Binance for Payments and Crypto Exchange Licenses first appeared on BitcoinExchangeGuide.

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Google, Alibaba Seek Singapore Payments and Crypto Exchange Licences

Google and Alibaba are among 300 companies that have applied for licensing to provide various digital payment services in Singapore according to Sopnendu Mohanty, chief technology officer of the Monetary Authority of Singapore (MAS).

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Bitcoin Has Apparently Sucked Away Only 2% Of Gold’s Market Capitalization So Far

Bitcoin has been on a parabolic bull run since late 2020. As the flagship crypto’s price hit all-time highs after all-time highs, bitcoin’s market cap has also been climbing the leaderboards. Bitcoin has overtaken renowned companies like Alibaba, Berkshire Hathaway, Visa, JPMorgan Chase & Co.

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Alibaba’s former CEO praises crypto due to its disruptive abilities

The founder of Alibaba, who led the company until his recent retirement, Jack Ma, has recently shown how convinced he was of the possibilities of the crypto industry. He spoke of digital currencies with quite a bit of praise, pointing out various possibilities.

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Binance CEO CZ Acclaims Alibaba Founder Jack Ma For Putting Chinese Crypto Regulations On the Spotlight

Binance CEO Changpeng Zhao hailed Alibaba Holdings co-founder, Jack Ma, for openly commenting on crypto regulations in China. Ma was speaking at the 2nd Bund Finance Summit organized by the China Financial Forty Forum in conjunction with various organizing committee member institutions.

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Report: Blockchain Patents ‘Skyrocket’ in 2020, Alibaba Owns the Most Crypto Patents

A study from the team at Kisspatent shows that Alibaba Group is the largest blockchain patent holder in 2020 capturing 10x the number of patents held by IBM. The report notes that blockchain patents “are skyrocketing” this year and so far in 2020, there’s been more distributed ledger technology and cryptocurrency patents published than all […] The post Report: Blockchain Patents ‘Skyrocket’ in 2020, Alibaba Owns the Most Crypto Patents appeared first on Bitcoin News.

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Avelacom adds multi-cloud connectivity to crypto exchanges

Avelacom, a global high-performance connectivity and IT infrastructure provider, announced today it has launched a multi-cloud connectivity solution to simplify and accelerate how traders connect to cryptocurrency exchanges.

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Avelacom now includes multi-cloud connectivity to crypto exchanges

Avelacom, the high-performance connectivity and IT infrastructure provider, announced today it has launched a multi-cloud connectivity solution to simplify and accelerate how traders connect to cryptocurrency exchanges.

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Bitcoin (BTC) coming out of the funnel soon – analysts say

The frightening fall of Bitcoin does not stop. Coinstelegram Research timely warned the community and the readers in some articles: Bankers take crypto community Alibaba turns away End of the Story A further fall is inevitable, as a panic sale has already begun.

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Alibaba turns away from crypto

The Alibaba Group has officially announced that it does not support cryptocurrency payments. It seems that Alibaba is turning away from crypto following the global IT giants. Earlier, Apple and Google announced that they will develop electronic payment systems on the base of fiat finance.

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Alibaba’s Partnership With Lolli App For Crypto Reward Is Deemed False, Is That Really The Case?

Lolli, a crypto-oriented app built for shopping, has suffered a blow after Alibaba denied any partnership with the service provider. The firm’s Singles Day adverts for the U. S market notably stood out as they were offering Bitcoin rewards to Alibaba clients.

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Alibaba Denies ‘Partnership’ With Lolli, Highlighting Crypto Industry Pitfalls

What really constitutes a "partnership" at the intersection of e-commerce and crypto?

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Alibaba Offers Bitcoin Shopping Cashback Rewards Via Lolli App With New Partnership

The affiliate retail startup Lolli has started a new partnership with the Chinese e-commerce giant Alibaba. Now, Alibaba will offer Bitcoin (BTC) rewards for clients who use Lolli to make purchases.

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China Central Bank Ready with State-Backed Crypto

Reports surfaced that People’s Bank of China was almost ready to take Alibaba and Tencent onboard its digital asset program, but state-backed media deny the news.

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BitMEX CEO: Total Financial Control Within Five Years Will Make People Embrace Bitcoin as ‘China Coin’ To Be Given to Tencent, Alibaba

The Chinese central bank is soon to launch its own crypto and allow seven local fintech giants to use it; Arthur Hayes says this will add more exposure to Bitcoin

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China’s Biggest Payment Firms Have No Plans to Follow Facebook into Crypto

WeChat parent Tencent and Alibaba's payments arm Ant Financial have no plans to follow Facebook into crypto.

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Apple and Facebook Now Competing With Banks – Not Bitcoin

International ratings agency Weiss Ratings thinks tech giants like Apple and Facebook entering the crypto-space prove they are, in fact, becoming banks themselves and their ‘answer’ is nothing like Bitcoin – which competes with central banks.

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Rakuten’s Crypto Expansion Can Force Amazon and Alibaba To Follow

Rakuten, the Japan-based online retailer that’s a rival to America’s Amazon and China’s Alibaba, has opened registrations for its… The post Rakuten’s Crypto Expansion Can Force Amazon and Alibaba To Follow appeared first on Invest In Blockchain.

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Non-Affiliated Alibaba Coin ‘ABBC Coin’ Records a Rise of 100% With a Massive Price Pump

Any time a cryptocurrency sees any kind of jump in the market, it is bound to turn heads. Recently, aside from Bitcoin's recent mini-rally pump, the ABBC Coin caught some major attention, rising up by 100% to reach the mid-March high that it saw this year. The coin, which is the crypto asset that was […]

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Alibaba Doppelganger Surges 100% in Mindless Crypto Pump

ABBC Coin  – the cryptocurrency formerly known as Alibabacoin – on Tuesday surged as much as 106. 17-percent to reclaim its mid-March high. The ABBC-to-dollar rate jumped as high as $0.

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Alibaba Gains Victory In Lawsuit Against ABBC

After being sued by Alibaba for making use of the name Alibabacoin to raise $3. 5 million in funding, it was announced in a post from Reuters March 12, 2019, that ABBC coin has conceded to stop using the name.

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Alibaba Finally Persuades Name-Squatting Crypto to Stop Mooching its $467 Billion Brand

The genie is now out of the bottle, and one of the crypto industry’s most bizarre trademark disputes is now over. The ABBC Foundation, which is behind the Alibabacoin cryptocurrency, has conceded the coveted Alibaba brand name to the China-based e-commerce giant of the same name.

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Crypto Startup Behind Alibabacoin Agrees to Stop Using ‘Alibaba’ Name After Legal Action

The startup behind the former Alibabacoin has changed its name after legal action by Chinese e-commerce giant Alibaba Group

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Alibabacoin (ABBC)

Alibabacoin, or ABBC, is a crypto currency business approach by the global retailer and wholesaler Alibaba. It describes its new

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Bloomberg: Hottest Crypto Tron (TRX) “Rekindles” Bitcoin Bubble Memories

Bloomberg Lauds Tron (TRX) As “Hottest Cryptocurrency”  Since Tron (TRX) burst onto the broader crypto scene in 2017, the blockchain project of Chinese origins has quickly become an industry staple.

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Huobi Group Sets Up Communist Party Committee in Beijing

As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed a Communist Party committee in China, according to an announcement by the company.

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China's Central Bank Wants to Put the Damper Airdrops: Report

The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.

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China's Central Bank Wants to Put the Damper on Airdrops: Report

The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.

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Alibaba Wins Preliminary Trademark Injunction, AlibabaCoin Plunges

Jack Ma’s conglomerate Alibaba, one of the global leaders in e-commerce, won a preliminary trademark injunction against AlibabaCoin, a cryptocurrency firm based in Dubai and Belarus that offers a cryptocurrency of the same name, according to The Wall Street Journal.

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Alibaba Wins Preliminary Trademark Injunction Against Crypto Knockoff Alibabacoin

Alibaba has won a preliminary injunction against a cryptocurrency project accused of using the Chinese e-commerce giant’s brand name to promote its token. This has been the second attempt by Alibaba to force the obvious knock-off Alibabacoin (ABBC) into a name change.

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Alibaba vs Alibabacoin; The Chinese Giant Wins Preliminary Injunction Against this Crypto

Alibaba, the Chinese e-commerce giant, has won a preliminary injunction against Alibabacoin (ABBC). The problem started with these two companies about the name they have. In the filing presented in October, Alibaba said that they believe the cryptocurrency firm published promotional material using its trademarks with the intention to be aligned with the Chinese conglomerate. […]

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Tron (TRX)’s Justin Sun Tweets Of Partnership with an Unmentioned Industry Giant, Could it be Alibaba?

Justin Sun has in a recent tweet set the crypto community ablaze as he mentioned in his tweet that the Tron project had bagged yet another partnership with “tens of billions of dollars” investment.

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Chinese and US Investors Team Up to Create a Global Crypto Investment Fund

The latest crypto investment fund on the block is Dragonfly Ventures, a $100 million traditional venture fund investing only in crypto assets, managed by partners Alexander Pack from Bain Capital Ventures and Bo Feng, founding partner of Ceyuan Ventures.

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