Chinese netizens’ entrepreneurial spirit appears to have kicked in after Elon Musk appeared on the hit US audio app Clubhouse.
Author: Eliza Gkritsi
Holiday Bitcoin sell-off, $3 million Binance Smart Chain heists: Blockheads
A drop in crypto prices is expected before Spring Festival as Chinese miners cash out. Five projects disappear from Binance Smart Chain, taking $3 million.
Alipay, JD Digits, Didi remove all bank deposit products: report
Regulators completely banned on Jan. 15 the sale of bank deposit products on third-party platforms to minimize risk from highly leveraged banks.
Chengdu digital yuan trial, data thieves paid in crypto: Blockheads
Chengdu is launching its first lottery trial to distribute the digital yuan; authorities bust a gang selling personal data for Bitcoin.
Chengdu to distribute $7.7 million in its first digital yuan lottery: report
The public digital yuan lottery in Chengdu will be the biggest one yet, distributing RMB 50 million to lucky winners via red envelopes.
Huawei in Greece: How Snowden shaped EU’s approach to Huawei
As espionage scandals and the US campaign against Huawei shook Europe through the 2010s, EU authorities beefed up cybersecurity laws. Greece followed suit.
New digital payment rules likely to hit Ant Group, Tencent
The new antitrust rules for China’s digital payment market could trigger a regulatory review of Ant Group and Tencent based on market share.
Jack Ma resurfaces amid regulatory clampdown
The Alibaba and Ant Group founder, Jack Ma, made his first public appearance in months at a video conference with rural teachers.
Ant Group digital yuan tests, Iran’s Chinese miners: Blockheads
Ant Group employees can use the Alipay app for digital yuan transactions in select locations, including the Lujiazui district in Shanghai.
Chinese investors flocked to cryptocurrencies amid techwar
US-China tensions led Chinese institutional investors to look to cryptocurrencies as a safe haven—and a Bitcoin bull market didn’t hurt.