Nifty News: Chinese firms to offer World Cup metaverse viewings, X2Y2 backtracks on royalties and more

In early November, the Chinese government made an ambitious plan to boost the nation’s VR industry, and now it seems local tech companies are using the World Cup to test-run their products. дальше »

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Wells Fargo and HSBC add offshore digital yuan to their foreign-exchange system

Major banks, Wells Fargo and HSBC, decided to integrate the Chinese yuan into their blockchain-based foreign exchange transaction system. Wells Fargo and HSBC announced on Thursday that they added support for the Chinese circulating outside of the mainland to their foreign exchange… дальше »

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A court in China jails man for 10 years after stealing 384 ETH

A Chinese court has jailed a man for ten years for stealing 384 ETH. The hacker siphoned crypto from the victim's wallet in 2 months in 2018. дальше »

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China’s Sino Global Capital reveals exposure to FTX

Sino capital Global, the Chinese based firm, finally breaks silence on it's level of exposure to the embattled FTX. дальше »

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Bitcoin Mining Firm Canaan Sees 74.8% Decline in Profit for Third Quarter as BTC Price Declines

Chinese ASIC-maker Canaan Creative announced a 74.8% drop in gross profit for the third quarter as Bitcoin prices pressure profitability. The post Bitcoin Mining Firm Canaan Sees 74.8% Decline in Profit for Third Quarter as BTC Price Declines appeared first on BeInCrypto. дальше »

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What Huobi's latest report means for its crypto-holdings worth...

Chinese cryptocurrency exchange Huobi Global yesterday published an asset transparency report. It announced its total estimated value of reserves to be $3.5 billion. The exchange reassured its users tThe post What Huobi's latest report means for its crypto-holdings worth... appeared first on AMBCrypto. дальше »

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Wuhan omits NFTs from metaverse plan amid regulatory uncertainty in China

The Chinese government has shown a keen interest in developing a metaverse economy, but its stance on NFTs hasn’t been very clear. дальше »

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Mammoth BTC Whale: The Chinese Government Holds More Bitcoin Than Michael Saylor’s MicroStrategy

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China holds $3.9B worth of Bitcoin despite anti-crypto stance

CryptoQuant co-founder Ki Young Ju said the Chinese government is a crypto whale, despite its negative posture toward the industry. The post China holds $3.9B worth of Bitcoin despite anti-crypto stance appeared first on CryptoSlate. дальше »

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BitMEX Set to Dismiss 30% of its Workforce

BitMEX, the crypto derivatives platform, will be laying off 30% of its work force according to Chinese reports. These comes in just after the firms CEO Alexander announced his departure. дальше »

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Huobi Global to Set Up HQ in the Caribbean

Popular Chinese crypto exchange Huobi Global is making plans to relocate its headquarters to a location in the Caribbean. Caribbean a Key Market for Huobi Global On November 2nd, Justin Sun, an investor and advisory board member for Huobi Global,… дальше »

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Chinese central bank exec says digital yuan will offer ‘controllable anonymity’

China’s digital yuan is one of the earliest CBDCs whose pilot phase has expanded to include millions of users and billions in transaction volume. дальше »

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Chinese Intelligence Officers Charged in the U.S. for Bribery and Theft

A criminal complaint has been opened in the US Federal court, in Brooklyn. Charged were two Chinese intelligence officers for their attempt to disrupt a prosecution in New York’s Eastern District. дальше »

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Bitcoin Bribes: Chinese Spies Tried to Buy Off US Official with BTC

Bitcoin Bribes: Spies from China offered rewards in Bitcoin (BTC) to gain access to investigations by the US DoJ on Huawei Technologies. The post Bitcoin Bribes: Chinese Spies Tried to Buy Off US Official with BTC appeared first on BeInCrypto. дальше »

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China Market Update: Crypto is NOT prohibited in China

China would not be China if there weren't ways to circumvent strict regulations. Ownership of crypto is still legal and legally protected. Most in the West greatly underestimate the flexibility of the Chinese system. дальше »

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First Mover Asia: China’s Bitcoin-Funded Intelligence Operation in US Likely About Chips; Bitcoin Soars Past $20K

The U.S. Department of Justice is alleging that two Chinese intelligence officers tried to bribe an undercover FBI agent with bitcoin for information about the U.S. government’s investigations into technology giant Huawei. дальше »

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Chinese agents used Bitcoin transactions through Wasabi to allegedly bribe US government employee

According to an analysis by crypto risk management firm Elliptic, two Chinese intelligence agents used Wasabi Wallet to conceal BTC transactions allegedly used for bribes. дальше »

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Chinese 'Spies' Used Wasabi Wallet to Try to Conceal Bitcoin Bribes, Elliptic Says

Analysis by the crypto analytics firm showed that all the bitcoin bribes originated from the coin mixing wallet. дальше »

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Chinese Intelligence Officers Bribe FBI Agent With $61,000 In BTC

Chinese intelligence officials allegedly bribed a double-agent with the FBI to steal information related to an active criminal investigation against a global company. дальше »

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US DOJ charges two Chinese agents for bribing FBI agent with BTC

The United States Department of Justice (DOJ) has charged two Chinese intelligence agents for allegedly paying $61,000 in Bitcoin to a Federal Bureau of Investigation (FBI) “double” agent. дальше »

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Chinese Intelligence Officers Used Bitcoin in Scheme to Undermine Investigation, US Officials Allege

The two officers tried bribing a U.S. law enforcement official with $61,000 in bitcoin to help support what appears to be Huawei. дальше »

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First Mover Asia: Macau’s Digital Currency Embrace Could Be a Nightmare for Its Casino Industry; Bitcoin Points Upward

The Special Administrative Region passed a bill that would create a legal framework for accepting digital currency, but would also allow China to monitor Chinese nationals visiting the territory; the largest cryptocurrency by market cap is trading above $19.5K. дальше »

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First Mover Asia: A Pan-Asian Digital Currency? Good Luck Getting Rivals to Cooperate; Cryptos Hold Steady in Weekend Trading

Chinese researchers say that such an initiative would increase monetary cooperation and reduce dependency on the U.S. dollar, but that probably isn’t what different countries want. дальше »

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Chinese researchers propose digital currency to rival U.S. dollar

Researchers from the Institute of World Economics and Politics under the Chinese Academy of Social Sciences have proposed a bold plan to combat the U.S. Dollar’s influence in their part of the worldThe post Chinese researchers propose digital currency to rival U.S. dollar appeared first on AMBCrypto. дальше »

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Tether reduces commercial paper exposure to zero, replaces investments with T-Bills

The USDT issuer has faced criticisms for its exposure to commercial paper and, specifically, its alleged holdings of Chinese commercial paper. дальше »

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Chinese Investors Craze For Oryen Network Over Tamadoge And Big Eyes Coin

A big rush among Chinese investors to purchase Oryen network (ORY), Tamadoge (TAMA), and Big Eyes Coin (BIG) has surprised many, but these Chinese investors seem to be ahead of the curve. An investigation into each respective whitepaper and roadmap shows three fearsome protocols. дальше »

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Huobi Token Spikes Nearly 30% In Last 24 Hours As HT Seen Rising On Revival Plans

Huobi has had its ups and downs, just like every other entity in the crypto space. Not surprising. Before the Chinese 2021 ban on cryptocurrency transactions, the COO of the company, Robin Zhu, came under investigation in China for unspecified reasons. дальше »

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First Digital Yuan Land Transfer Executed in Chinese Province of Fujian

The Fuzhou University of International Studies and Trade paid 51 million yuan in the first land transfer fee paid in the digital yuan CBDC. The post First Digital Yuan Land Transfer Executed in Chinese Province of Fujian appeared first on BeInCrypto. дальше »

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About Capital Now Controls Majority Shares In Huobi Global 

Huobi Global, a Chinese giant exchange, revealed that the largest shareholder in the company has sold its entire shares to About Capital's buyout vehicle. дальше »

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Chinese Exchange Giant Huobi Global Acquired by About Capital

Formerly China’s leading crypto exchange, Huobi Global, has announced that it has been taken over by an investment strategy company. The post Chinese Exchange Giant Huobi Global Acquired by About Capital appeared first on BeInCrypto. дальше »

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Proto Hologram Technology Brings the Characters from the Hong Kong Highest Grossing Chinese Film “Warriors of Future” to Life

HONG KONG, Oct 6, 2022 – (ACN Newswire) – Refresh Industries Limited and Octagon Metatainment Limited unboxed the WARRIOR in Warriors of Future in real life at K11 Arthouse,... дальше »

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What is PoW Ethereum (ETHW), and how does it work?

PoW Ethereum or ETHW is a forked version of the Ethereum blockchain created by a Chinese miner after the Merge of the execution and consensus layers. дальше »

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Tao Te Ching (TTC): Can Chinese Wisdom Justify Its $661 Price?

One of the ways Tao Te Ching seeks to set itself apart is through its transparency. According to this token’s description, the buyers and sellers of the token will be made available to all users on the network. дальше »

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China Discovers Major Crypto Laundering Scam, Police On Arrest Spree

The Chinese government has never supported crypto activities since the emergence of the industry. The People’s Bank of China took further actions against the digital industry and banned all local digital assets operations. дальше »

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Chinese Investors Could Snap Up Cryptocurrencies as Yuan Slides, Hedge Fund Says

Yuan fell to a 14-year low against the U.S. dollar early Wednesday. дальше »

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Chinese University Launches One of the First Metaverse Majors in Country

Nanjing University in China has reportedly launched one of the country’s first majors focusing on metaverse-related knowledge. The university, which is located in eastern China, indicated that this new drive is intended to impart new metaverse-related courses that will enable… дальше »

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First Mover Asia: Bitcoin Tumbles After Crossing $20K in Topsy-Turvy Trading; How Chinese Universities Teach Blockchain

The largest crypto by market capitalization had spiked over $20,000 in morning trading. дальше »

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'Decentralization Under Centralization': How Chinese Universities Teach Blockchain

President Xi wants China to be the world’s leader in blockchain technology but has banned its most popular uses. Students and faculty wonder whether universities can successfully teach blockchain with Chinese characteristics, and if graduates can find jobs. дальше »

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Chinese police arrest crypto criminals for laundering over $5B

As the nation increases measures to curb illegal financial flows, Chinese police have dismantled a huge criminal organization reportedly responsible for a 40 billion yuan (US$5.6 billion) crypto moneyThe post Chinese police arrest crypto criminals for laundering over $5B appeared first on AMBCrypto. дальше »

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Chinese Authorities Arrest 93 for Crypto-Related Money Laundering

The suspects laundered as much as RMB 40 million, according to Hengyang county police. дальше »

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Best Universities for Blockchain 2022: Chinese University of Hong Kong

The No. 20-ranked school helped build a blockchain based Covid-19 digital passport. This story is part of CoinDesk's Education Week. дальше »

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China GPU prices drop to new lows after the Ethereum Merge

The Nvidia GeForce RTX 3080’s price dropped from $1118, or 8,000 yuan, to 5,000 yuan within three months, according to a Chinese merchant. дальше »

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Australian senator releases draft bill to push for crypto regulation

Australian liberal senator Andrew Bragg released a draft bill to provide regulation of stablecoins, digital asset exchanges, and disclosure requirements for the Chinese CBDC, e-Yuan, on September 19. дальше »

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Ethereum Merge Could Shine Light on Chinese Mining Influence, Says VC

CEO of venture capital firm Sino Global Capital, Matthew Graham, weighs in on Ethereum’s upcoming Merge and what the “seminal” moment may reveal about Chinese miners on CoinDesk TV’s “First Mover.” дальше »

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China Back Among Top 10 Countries In Bitcoin Usage Despite Ban

A new Chainalysis report shows last year’s ban hasn’t prevented the Chinese from using bitcoin as the country returns to the global adoption rank’s top 10. дальше »

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Binance CEO Hits Back At Accusers Crypto Exchange Is A Chinese Company

Binance CEO Changpeng Zhao can only clap back at his accusers that his company is a Chinese “criminal entity. ” With approximately 28. 6 million members on its platform, the firm is one of the world’s largest crypto exchanges. дальше »

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CZ denies claims that Binance is in ‘the pocket of the Chinese government’

Binance CEO Changpeng ‘CZ’ Zhao has responded to allegations that his company is owned by a secret Chinese agent “Guangying” and thus owes its loyalty to the Chinese government. дальше »

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Binance is not a Chinese company, says Changpeng Zhao

Changpeng Zhao has hit back at claims that his cryptocurrency exchange Binance is a…

The post Binance is not a Chinese company, says Changpeng Zhao appeared first on CoinJournal.

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CZ hits back at claims Binance is a Chinese company

The Binance founder has also detailed some personal and business-related challenges he had to overcome from the Chinese government, even before the launch of Binance in 2017. дальше »

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NetDragon Appoints its First Virtual CEO, Skynet Vibes are Real

A robot has been appointed CEO of a Chinese gaming company who are planning to dominate the Metaverse. And we all know this whole thing totally has Skynet Vibes. The post NetDragon Appoints its First Virtual CEO, Skynet Vibes are Real appeared first on BeInCrypto. дальше »

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