China Financial News
26.07 / 15:27
privacy
Central Bank
Cash
China CBDC
NOT
Official explains why China CBDC should not be as anonymous as cash
China’s central bank digital currency (CBDC) should not be as anonymous as cash, the head of the People’s Bank of China (PBoC) digital currency institute declared.
26.07 / 14:13
Binance
Man
CEO
Southern
Binance CEO files defamation case against Bloomberg- Here’s why
In what can be called, “yet another lawsuit in the crypto industry,” Changpeng Zhao, CEO of Binance has filed a defamation suit against a Bloomberg subsidiary (Modern Media CL)
26.07 / 13:13
Binance
Legal
Binance CEO Sues Bloomberg's Partner Over 'Shitcoin Casino' Article
Changpeng 'CZ' Zhao, CEO of crypto exchange Binance, seems to be very unhappy with his portrayal by a major media outlet, as he is willing to go to court to fight against it. Zhao has sued the Hong Kong publisher of Bloomberg Businessweek after a Chinese language version of an article allegedly depicted him as operating a “shitcoin casino.”
26.07 / 12:55
Provident
Target
network
China Targeted Fed to Build Informant Network, Access Data, a Probe Says
China tried to build a network of informants inside the Federal Reserve system, at one point threatening to imprison a Fed economist during a trip to Shanghai unless he agreed to provide nonpublic economic data, a congressional investigation found.
26.07 / 12:51
26.07 / 12:51
26.07 / 08:27
business
Binance
Bloomberg
Binance CEO sues Bloomberg subsidiary alleging defamation
Binance chief executive Changpeng Zhao is suing Bloomberg Businessweek in Hong Kong, accusing the outlet of defamation.
26.07 / 01:15
business
Food
Chipotle takes 'buy the dip' literally with new $200K crypto giveaway
United States-based fast casual restaurant chain Chipotle has started an online game which will give customers the chance to win more than $200,000 in crypto.
25.07 / 22:27
business
Asia
Survey
Over a quarter of Asian Pacific ‘emerging giant’ startups tied to blockchain: Report
The Asia Pacific region is seeing a major business shift with increasing numbers of new technology startups appearing, even as venture capital investment is decreasing compared to last year. A report from Big Four accountant KPMG and international banking company HSBC based on a survey of 6,472 Asian Pacific startups found that over a quarter of them are blockchain related.
25.07 / 20:14
25.07 / 15:07
25.07 / 10:19
Citi
Target
FIVE
MSCI
Goldman Sachs cuts earnings outlook for MSCI China to zero growth
BEIJING — Goldman Sachs has cut its forecast for the MSCI China index due to a worsening slump in China's property market.
25.07 / 06:19
cryptocurrency
CryptoExplainer
cryptocurrency news
information
China Vows Privacy, Information Protection In Using Digital yuan
China vows privacy, information protection in using digital yuan
23.07 / 08:45
Blockchain
Adoption
Lightning Network
Bitcoin
network
recovery
Bitcoin Network
Bitcoin network difficulty drops to 27.693T as hash rate eyes recovery
The difficulty in mining a block of Bitcoin (BTC) was reduced further by 5% to 27.693 trillion as network difficulty maintains its three-month-long downward streak ever since reaching an all-time high of 31.251 trillion back in May 2022.
23.07 / 07:15
cryptocurrency
crypto news
Bitcoin
Holdings
Bitcoin Recovers After Sell-Off On News Tesla Sold 75% Of Its holdings
Bitcoin recovers after falling on news Tesla sold 75% of its holdings
22.07 / 19:41
markets
coinbase
Bitcoin
Pro Bitcoin traders are uncomfortable with bullish positions
The previous $19,000 Bitcoin (BTC) support level becomes more distant after the 22.5% gain in nine days. However, little optimism has been instilled as the impact of the Three Arrows Capital (3AC), Voyager, Babel Finance, and Celsius crises remain uncertain. Moreover, the contagion has claimed yet another victim after Thai crypto exchange Zipmex halted withdrawals on July 20.
22.07 / 12:01
recovery
China's Xi wishes Biden a 'speedy recovery' from Covid
BEIJING — Chinese President Xi Jinping contacted U.S. President Joe Biden on Friday to wish the American leader a «speedy recovery» from Covid, according to state media.
21.07 / 23:49
cryptocurrency
Tesla
Bitcoin
elon
Tesla sells 75 per cent of its Bitcoin as profits slump in crypto U-turn for Elon Musk
Tesla has sold a large proportion of its cryptocurrency holdings, after making waves last year revealing it had a significant investment in Bitcoin.
21.07 / 14:35
cryptocurrency
Tesla
Bitcoin
Holdings
Bitcoin Recovers After Brief Sell-Off On News Tesla Sold 75% Of Its Holdings
Bitcoin was last up 1.04% at $23,494.57, after sliding as much as 0.5% to $23,268.92.
21.07 / 13:23
Tencent
Asia
TRON
Tron’s Justin Sun Eyes ‘Acquisition’ Move for Tencent’s NFT Division
The Tron (TRX) founder Justin Sun says that TronDAO, a decentralized autonomous organization (DAO) that governs the Tron network’s development, wants to “acquire” a non-fungible token (NFT) arm of the Chinese tech powerhouse Tencent.
21.07 / 13:01
Maxim
Tesla
Bitcoin
Holdings
bitcoin holdings
Tesla Sold 75% Bitcoin Holdings in Q2, Worth $936m
Electric car manuficaor Tesla (TSLA) announced that it sold $936 million worth of its Bitcoins or 75% of its holdings in the second quarter. The company reported the revelation in its earnings report on Wednesday.
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