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Gold Industry Shaken as 83 Tons of Fake Gold Bars Used to Secure $2 Billion Loans in China
The gold industry has been shaken after it was discovered that 83 tons of fake gold bars have been used as collateral for loans worth 20 billion yuan from 14 financial institutions to a major gold jewelry manufacturer in Wuhan, China. дальше »
2020-7-1 17:10 | |
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A $2B Gold Fraud Portrays Bitcoin as “Less Vulnerable” Alternative
Bitcoin found itself competing with traditional safe-haven gold all over again as authorities in China uncovered a $2 billion fraud. Kingold, one of the mainland’s most significant gold processing firms, allegedly collateralized 83 tons of fake yellow metal bars to secure 20 billion yuan (~$2. дальше »
2020-6-30 11:12 | |
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China’s Largest Mining Chip Maker, SMIC, Gains Regulator’s Approval On $2.8B IPO
According to a document shared on June 1, Semiconductor Manufacturing International Corporation (SMIC), a Hong Kong Exchange (HKEX) listed company, will raise $2. 8 billion in an IPO following a successful vetting by the SSE. дальше »
2020-6-3 20:27 | |
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Chinese Tencent to Invest $70 billion in ‘new infrastructure’ Including Blockchain Development
One of the biggest telecom providers in China (and the company behind WeChat) wants to invest in the development of blockchain-based banking as they already got necessary approval from the regulators. дальше »
2020-5-28 10:13 | |
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China’s Tencent Plans $70B Investment in Emerging Tech Including Blockchain
China’s Tencent is reportedly planning to invest about $70 billion in emerging technologies like the blockchain and artificial intelligence (AI) as part of a tech-focused upgrade of its operations. дальше »
2020-5-27 18:20 | |
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Jack Ma to Quit SoftBank Board, Vision Fund Posts Record $18 Billion Loss
Coinspeaker Jack Ma to Quit SoftBank Board, Vision Fund Posts Record $18 Billion LossJack Ma, China’s richest man and co-founder of Alibaba Group, is going to leave the board of SoftBank on June 25. дальше »
2020-5-19 22:02 | |
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Major Silicon Chip Maker for BTC Mining Machines, TSMC, to Build $12B Plant in Arizona
A Taiwan Semiconductor Manufacturing Co (TSMC) one of the largest semiconductor chip manufacturer revealed plans to open another manufacturing plant in the US state of Arizona, worth $12 billion dollars under its global expansion plans, reported South China Morning Post. дальше »
2020-5-15 18:55 | |
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VeChain Picked To Spearhead The Use Of Blockchain Solutions Asia Pacific Provenance Council
A freshly formed consortium known as Asia Pacific Provenance Council is banking on blockchain to enhance efficiency in supply chains that exports Australian agricultural surplus estimated to be worth about $76 billion to China each year. дальше »
2020-5-10 20:48 | |
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VeChain, Mastercard and Alipay Join Australia-China Supply Chain Consortium
VeChain, Mastercard and Alipay are among the heavy hitters backing the new APAC Provenance Council, focused on Australia’s $76 billion of exports to China.
дальше »2020-5-5 13:19 | |
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AI Startup SenseTime Partners With Chinese Central Bank In Development Of Digital Yuan
The well known artificial intelligence (AI) firm SenseTime, valued at $7. 5 billion, has officially partnered with China's digital currency research institute, an offshoot of the Chinese Central Bank, to help in accelerating the creation of digital yuan. дальше »
2020-4-30 23:45 | |
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Facebook Stock Soars after $5.7 Billion Bet to Invade India
Facebook stock is soaring after a surprise investment in India. Could this be part of a trend of decoupling with China? The post Facebook Stock Soars after $5.7 Billion Bet to Invade India appeared first on CCN.com дальше »
2020-4-23 12:20 | |
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Twitter Institutes China Like Mass Censorship on Corona After Receiving One Billion From Alibaba Investors
One of the world’s biggest direct communication platform has announced a policy of mass political censorship in the middle of a pandemic that sees iconic global cities under curfew. Twitter. дальше »
2020-3-29 00:49 | |
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Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. дальше »
2020-2-18 08:10 | |
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China Cuts Tariffs on $75 Billion Worth of U.S. Goods, Stock Markets Rally in Response
Coinspeaker China Cuts Tariffs on $75 Billion Worth of U. S. Goods, Stock Markets Rally in ResponseChina has announced that next week, it will cut tariffs on US goods by half. Stocks in China, as well as in other countries, have reacted positively to this statement. дальше »
2020-2-6 17:41 | |
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China Prints Entire Bitcoin Market Cap in Single Day to Calm Coronavirus Fears
The People’s Bank of China has injected some 1. 2 trillion yuan ($173. 8 billion) to calm markets as coronavirus fears worsen. That’s more than the entire market capitalization of Bitcoin (BTC). дальше »
2020-2-4 18:24 | |
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Dow Opens Higher on Trump’s Breakthrough Trade Deal Reveal
China commits to purchasing $200 billion of U.S. good as part of Trump's 'phase one' trade deal but can the deal be enforced? The post Dow Opens Higher on Trump’s Breakthrough Trade Deal Reveal appeared first on CCN.com дальше »
2020-1-14 15:03 | |
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Dow Futures Swing Wildly with Trump’s Breakthrough Trade Deal Reveal
China commits to purchasing $200 billion of U.S. good as part of Trump's 'phase one' trade deal but can the deal be enforced? The post Dow Futures Swing Wildly with Trump’s Breakthrough Trade Deal Reveal appeared first on CCN.com дальше »
2020-1-14 15:03 | |
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$11.4 Billion in Crypto-Based Transactions Flowed Out of China in 2019 Despite Ban: Report
Chinese President Xi Jinping’s call for blockchain adoption really has everyone optimistic that the Chinese central government might also look to regulate crypto trading. However, those hopes came crashing down as the news of the crackdown on crypto service providers in China followed just a few days after the President’s much-talked Blockchain adoption speech. Peckshield, […] дальше »
2020-1-13 17:48 | |
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China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year
On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $11. дальше »
2020-1-13 05:30 | |
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$80 Billion Asset Management Firm Files First Blockchain ETF With China’s Security Watchdog CSRC
The China Securities Regulatory Commission (CSRC) has received an exchange-traded fund (ETF) listing application for a project that tracks blockchain-based stocks as underlying assets. Called the Penghua Shenzhen Stocks Blockchain ETF, the application was accepted on December 24 by the CSRC and was filed by the Shenzhen headquartered asset management company Penghua Fund. What the […] дальше »
2019-12-30 18:41 | |
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Bailouts From Asia to the EU Signal Recession and Potential Crypto Opportunity
China’s Hengfeng Bank is set to get a $14. 2 billion bailout from both Chinese government and foreign investors. An emergency decree has been approved to bail out southern Italy’s biggest lender, Banca Popular di Bari. дальше »
2019-12-19 10:33 | |
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Will China support crypto market? People’s Bank of China issues blockchain bonds
Despite numerous hostile measures regarding cryptocurrencies, People’s Bank of China can contribute to the development of the cryptocurrency market, and significantly. Bonds on the blockchain worth 20 billion yuan ($ 2. дальше »
2019-12-11 20:10 | |
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Bank of China Uses Blockchain to Issue $2.8B Worth of Financial Bonds
The Bank of China issued $2.8 billion in blockchain-based special financial bonds for small and micro enterprises
дальше »2019-12-11 00:45 | |
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Bank of China Introduces Blockchain Bond Issuance System, Issues 20 Billion Yuan Bond
One of China’s largest banks has just issued a 20B yuan bond using its blockchain bond issuance system. It is the first time this system has been put to use. A leading bank in China has just used its blockchain bond issuing system for the first time. дальше »
2019-12-9 19:37 | |
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Ten Billion Coin Blockchain Revolutionizing China’s Supply Chain, Finance and Storage Ecosystems
Ten Billion Coin is an innovative blockchain project designed to empower Chinese businesses interested in tapping blockchain technology to foster transparency on their platforms. Ten Billion Coin will enable Chinese firms to provide transparent financial records, manage their supply chain, authenticate product verification and more. дальше »
2019-8-9 13:04 | |
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Ten Billion Coin is the Chinese Blockchain for Supply Chain, Storage, Finance, and More
Bitcoin Press Release – Ten Billion Coin is a new blockchain designed to empower Chinese industries looking to leverage the power of distributed ledger technology to implement a fair platform where all transactions are recorded and transparent. дальше »
2019-8-9 13:38 | |
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Bitcoin Bulls Fodder: Trump Says The US Will Impose Tariff On Another $300B Chinese Goods, Starting Sep 1st
President Donald Trump took to Twitter on Thursday to announce that the US will be imposing 10% tariffs on another $300 billion worth of Chinese goods, effective September 1. The surprise tariff announcement came after the US and China restarted the trade talks in Shanghai this week. This has been the first in-person trade talks […] дальше »
2019-8-3 19:31 | |
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Chinese Alcohol Wholesaler And Marketer Oranco To Use Blockchain To Fight Counterfeit Products
Oranco one of the most prominent premium alcohol marketer and wholesaler in China just announced that they are going to use a product based on blockchain technology to fight fake products. Counterfeit goods are a nearly $500 billion industry that, by nature, is difficult to quantify. дальше »
2019-7-28 19:06 | |
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People’s Bank of China Processes Nearly $4.5 Billion in Transactions Through Blockchain
The People’s Bank of China has been taking new strides in the cryptocurrency sector, recently launching a blockchain trade financial solution from their institution. According to finance news outlet SINA on July 8th, the solution processed a total of $4. дальше »
2019-7-9 00:27 | |
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After VeChain Partnership, Walmart Will Sink $1 Billion In China’s Logistics
After VeChain partnership, Walmart now plans to sink $1 billion in China's logistic as they plan to take food safety to the next level. The post After VeChain Partnership, Walmart Will Sink $1 Billion In China’s Logistics appeared first on Ethereum World News. дальше »
2019-7-6 15:00 | |
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Thawing US-China Trade War Tensions Not ‘Hurting Bitcoin’
President Donald Trump stunned the world Saturday with the announcement of a ceasefire in the U. S. China trade war. After a high stakes face-to-face meeting with Chinese President Xi Jinping, Trump told reporters that he would be holding off on the threat of more tariffs on $300 billion in Chinese imports. дальше »
2019-6-30 00:00 | |
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Dow Roars After Trump Flinches on $300 Billion China Tariff Threat
The US stock market roared back to life on Wednesday, and the Dow shot around 100 points higher as Wall Street prepared to close the book on its best June in more than three-quarters of a century. дальше »
2019-6-26 16:48 | |
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Trump Will Sign a Trade Deal If the Dow Hits This Crisis Level
By CCN Markets: Most analysts think Donald Trump would rather ink a trade deal with China than let the stock market fall. But the big question is, how far would the Dow Jones and S&P 500 have to collapse before Trump steps in? According to a survey by Bank of America Merrill Lynch, the key level for money managers is the December 2018 stock market low. дальше »
2019-6-19 13:40 | |
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Dow Ignores Trump’s Threat to Slam China With Double Tariffs
By CCN Markets: The Dow Jones Industrial Average traded flat on Monday, despite ominous trade warnings from the White House over the weekend. In an interview with ABC News on Sunday night, Trump said he was ready to go all in on tariffs in a bid to twist China’s arm. дальше »
2019-6-18 14:43 | |
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Amazon & Alibaba Trade Blows in War for China’s E-commerce Throne
Trade war or not, Amazon intends to challenge Alibaba’s dominance in China’s e-commerce industry. The Jeff Bezos-led company is on a hiring spree in China. Not to be outdone, Alibaba plans to raise up to $20 billion through a listing in Hong Kong. дальше »
2019-6-14 17:17 | |
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China and India account for most internet users: 2019 internet trends report
The much anticipated annual internet statistics and trends report from Mary Meeker is here. The noted venture capitalist published her 333-slide Internet Trends report Tuesday ahead of a presentation at Recode’s Code Conference in Scottsdale, Arizona. дальше »
2019-6-12 10:57 | |
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China and India account for most internet users, 2019 Internet Trends report says
The much anticipated annual internet statistics and trends report from Mary Meeker is here. The noted venture capitalist published her 333-slide Internet Trends report Tuesday ahead of a presentation at Recode’s Code Conference in Scottsdale, Arizona. дальше »
2019-6-12 10:57 | |
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Dow Shrugs off Trump’s Terrifying Half-Trillion Dollar China Threat
By CCN: Dow Jones futures pushed higher in early trading Thursday, seemingly ignoring Donald Trump’s latest trade threat. According to Reuters, the president said he was prepared to slam China with tariffs on all Chinese imports: “I could go up another at least $300 billion and I’ll do that at the right time. дальше »
2019-6-6 14:45 | |
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Breaking: BitMart Will Join Magic Cube to Launch Live Game Show and IEO Token Sale!
On May 28th 8:00 AM and May 29th 10:00 PM (EDT), BitMart, a premier global digital asset trading platform, will join Magic Cube to launch a unique two rounds of Live Game Shows. Winners will be able to split 200 ETH worth of the intraday quota of Magic Cube Coin (MCC) and purchase with ETH. дальше »
2019-5-30 18:18 | |
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Is The US-China Trade War Worsening The Nudge Bitcoin Needs To Get Above $10K?
Last week when Bitcoin hit its year high of $8,300, this coincided with an announcement by the U. S president, Donald Trump, imposing new tariffs on $200 billion of Chinese goods from 10% to 25%. The announcement has since seen China respond by increasing tariffs of U. дальше »
2019-5-22 14:23 | |
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During Bullish April, Fiat-to-Crypto Exchanges Outperform Crypto-to-Crypto
In its April 2019 Exchange Review, released on May 20, 2019, London-based crypto data analysis firm CryptoCompare found that fiat-to-crypto exchanges performed much better than crypto-to-crypto platforms did over the last month, as cryptocurrency prices rose across the board. дальше »
2019-5-21 20:48 | |
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