China Financial News
12.08 / 06:13
cryptocurrency
Saudi Shiba Inu Vs Tamadoge Meme Coin: Where To Invest?
Saudi Shiba Inu vs Tamadoge Meme Coin
12.08 / 03:35
Provident
Ripple
Fitch
Here's where China's real estate troubles could spill over
BEIJING — China's real estate troubles could spill into other major sectors if the problems persist — and three particular businesses are most vulnerable, according to ratings agency Fitch.
11.08 / 18:09
WazirX
Enforcement Directorate
Crypto Exchange
WazirX Episode Reveals Darker Side Of Crypto: Government Sources
Government sources said the WazirX episode has brought to fore a lot of issues. (Representational)
11.08 / 16:47
Government
Blockchain
Adoption
information
Web3 helps Taiwan secure information against cyberattacks
The Taiwanese Ministry of Digital Affairs (MODA) plans to implement decentralized technology into its web portal in an effort against cyberattacks. InterPlanetary File System (IPFS) is a Web3 technology that government officials will employ for decentralized file sharing.
11.08 / 14:15
Ethereum
Puzzle
Simulation
Bitcoin
Ethereum’s Merge has a ‘successful’ final dress rehearsal for its climate-friendly upgrade
Ethereum, the second-biggest cryptocurrency by market value, just passed its final test before it pushes ahead with its Merge upgrade that it says will make it greener and therefore make it more competitive with Bitcoin.
11.08 / 12:47
WazirX
Enforcement Directorate
Crypto exchanges accused of laundering Rs 1,000 crore
Enforcement Directorate (ED) is probing at least ten cryptocurrency exchanges for allegedly laundering more than Rs 1,000 crore identified as proceeds of crime of the accused firms under investigation in the instant loan app case most of them having a China link, said people aware of the matter. The probe has unearthed instances of the accused firms approaching the exchanges to buy crypto coins for more than Rs 100 crore and crypto coins being sent to international wallets, the people told ET on condition of anonymity.
11.08 / 11:43
11.08 / 11:19
markets
Ethereum
Mining
proof-of-work
3 signs Ethereum price is on track toward $2.5K by September
Ethereum's native asset Ether (ETH) has more than doubled in value since bottoming out at around $885 in June 2022. Now, it eyes a decisive move toward $2,500 in August per a slew of technical and fundamental indicators.
11.08 / 10:41
cryptocurrency
WazirX
Crypto Exchange
Crypto Money Laundering Probe Points To A China Link: Report
The officials under the scanner are likely to be called for questioning again next week by probe agency.
11.08 / 08:03
11.08 / 06:25
cryptocurrency
crypto news
Opinion: Police Tactics Are Chilling India's Crypto Winter Further
If success has many fathers, then a crypto exchange in the eye of a money-laundering storm has become an orphan.
10.08 / 15:49
SoftBank
stake
SoftBank set for $34bn gains by reducing Alibaba stake
SoftBank said 10 August that it planned to reduce its stake in Chinese e-commerce company Alibaba as part of a settlement of financial contracts that it expects to add $34bn to pretax income in the current quarter.
10.08 / 14:16
Blockchain
Digital
Aware
Career
Financial
Hong Kong Can Serve Global Community through Web 3 Involvement: Ex-Financial Secretary
The former financial secretary of Hong Kong said Wednesday that the virtual economy would be important to Hong Kong, encouraging the young generation to be active through web 3 involvement and technology adoption.
10.08 / 09:49
UPS
Citi
Reuters
China consumer prices hit a two-year high
BEIJING — China's consumer price index hit a two-year high in July as pork prices rebounded, according to official data released Wednesday.
10.08 / 08:19
CBDC
regulation
Bitcoin Regulation
end
Iran makes $10M import with crypto, plans 'widespread' use by end of Sept
Struggling through decades of economic sanctions, Iran has placed its first international import order using $10 million worth of cryptocurrency, according to a senior government trade official.
09.08 / 20:51
UPS
Ralph Lauren, Michael Kors Buck Consumer-Spending Woes
Consumers are still splurging on Ralph Lauren polos and Jimmy Choo shoes, helping those brands buck the inventory troubles and spending shifts that have tripped up other retailers this year.
09.08 / 15:01
Digital
Waters
lawmakers
U.S. Lawmakers Look to Digital Dollar to Compete With China
WASHINGTON—Lawmakers are pushing the Federal Reserve to move swiftly toward issuing a digital dollar, to combat steps from China and others they say could one day threaten the U.S. status as the global reserve currency.
09.08 / 13:53
Threat
China’s threat to Taiwan should also worry global tech investors
Technology investors are on pins and needles, waiting to see if US House Speaker Nancy Pelosi’s historic visit to Taiwan will spark a series of cascading responses from China.
09.08 / 12:25
Digital
Cooper
CEO
MetaUp Metaverse Brand Marketing Summit 2022 Successfully Held in Shanghai
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
09.08 / 10:33
cryptocurrency
Binance
WazirX
Deal
Binance-WazirX spat: Opaque ownership, a hazy acquisition deal, and off-chain transactions
“We always thought that Binance owned WazirX. Binance even sent all of us WazirX employees Apple watches last year during their anniversary around July,” said a former WazirX employee requesting anonymity.
09.08 / 08:17
IPO
Alibaba gets Hong Kong's approval for a primary stock listing
BEIJING — Chinese e-commerce giant Alibaba is making Hong Kong a «primary» listing for its shares, paving the way for mainland China investors to trade the stock directly.
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