Cryptocurrency Crash: China Warns Bitcoin Is Heading To Zero

Beijing, June 25: As cryptocurrencies falter under the global slowdown, China’s state-run newspaper Economic Daily has warned investors that the price of major cryptocurrency Bitcoin is “heading towards zero”. The warning came as the cryptocurrency market continued to face a slump with Bitcoin hovering around $21,000 per digital coin on Saturday – a substantial drop … Read more

The high costs of disengagement for China – Chine Magazine

The high costs of disengagement for China Chine Magazine

From Project Syndicate, by Georges Magnus – For more than three decades, the global economy has been defined by unbridled integration and unprecedented interdependence. Neither political disputes nor localized wars could slow the train of globalization. Markets were markets, business was business, and multinational corporations became more multinational. Not anymore. In this new era of … Read more

Cryptocurrency Crash: China Warns Bitcoin Is Heading To Zero

Advertising Beijing, June 25: As cryptocurrencies falter under the global downturn, China’s state-run newspaper Economic Daily has warned investors that the price of major cryptocurrency Bitcoin is “heading towards zero.” The warning came as the cryptocurrency market continued to face a slump with Bitcoin hovering around $21,000 per digital coin on Saturday – a substantial … Read more

China Identifies Use Of Cryptography In Drug Trafficking As A New Phenomenon

China Identifies Use Of Cryptography In Drug Trafficking As A

A new report has highlighted the Chinese government’s recognition of the new threat posed by cryptocurrencies to facilitate drug trafficking. The 2021 report says the government has identified a shift in the flow of drug money from online bank transfers to cryptocurrencies as a new phenomenon, according to a Chinese media outlet. nncc626 announced June … Read more

WeChat in China bans accounts linked to cryptocurrency and NFT | Cryptocurrency

The policy also covers secondary NFT commerce, as the company notes that “accounts that provide services or content related to the secondary transaction of digital collections must also be addressed.” China’s leading social media platform, WeChat, has updated its policies to ban accounts that provide access to cryptocurrency or NFT-related services. Under the new guidelines, … Read more

Visual China Group (VCG) launches platform for NFTs

NFT Matrix Plus Box MPB Up 35 as Crypto Market

China’s largest photo and video provider, Visual China Group, is currently testing an NFT platform. The VCG project with its new platform The new Visual China Group (VCG) project is quite well advanced. According to the information circulating, a beta version of its new platform is already available and is called “Vault by 500px”. It … Read more

China Blockchain Explained: What is BSN? – News 24 | News in France and abroad

China has made blockchain technology a strategic priority. Blockchain-based Service Network, or BSN, is part of its efforts to build capacity in the industry. Yuichiro Chino | time | Getty Images Chinese President Xi Jinping has said his country needs to “seize the opportunities” presented by blockchain technology. In a speech in 2019, the Chinese … Read more

Energy Vault, Atlas Renewable et China Tianying entament le chantier du premier dploiement chinois du systme de stockage d’nergie par gravit EVx™ | Zone bourse

Energy Vault Atlas Renewable et China Tianying entament le chantier

Les travaux de construction ont débuté en mars 2022 pour le premier système EVx de 100 MWh conçu pour assurer la résilience du réseau et la fourniture d’énergie renouvelable au réseau national chinois Energy Vault Holdings, Inc. (NYSE : NRGV, NRGV WS) (“Energy Vault”), un chef de file des solutions de stockage d’énergie durable à … Read more

Covid-19: China faces the dilemma of containment in Beijing

The hypothesis of a confinement of the population in Beijing is becoming clearer as the number of confirmed contaminations with Covid-19 exceeded 100 cases on Wednesday. But such a solution after the quarantine of Shanghai residents for more than a month has a potentially very high economic and political cost. The threshold of 100 cases … Read more