China News
Fed’s Waller looks for two more 2023 hikes, Bullard steps down; earnings loom – Newsquawk Europe Market Open
APAC stocks traded mostly higher after the positive lead from Wall St where yields continued to decline post-PPI. Fed’s Waller (voter)...
China Rolls Out CBDCs for Public Transport
China’s central bank digital currency, the e-CNY, is now being piloted in several cities for use in public transport and schooling. Ex...
Hacker Wants 10 Bitcoin for Stolen Data of 1 Billion Chinese Citizens
In what could be one of the biggest data breaches in history, a hacker who claims to have stolen the personal details of 1 billion Chinese c...
STEPN’s Move-to-Earn GMT Token Tanks 40% After China Ban
The Solana-based move-to-earn game STEPN saw its governance token GMT plunge almost 40 percent in 24 hours, according to CoinGecko, followin...
China Plans to Create NFTs on a State-Backed Centralised Blockchain
China has created its own version of non-fungible tokens (NFTs), which are in no way linked to any cryptocurrencies or public blockchains an...
China Pilots Mobile Wallet for CBDC Ahead of Winter Games
The People’s Bank of China (PoBC) has launched iOS and Android apps for digital yuan transactions in selected cities ahead of next month&#...
US Overtakes China in Bitcoin Mining, Raising Hashrate to 35%
The US has overtaken China for the first time by becoming the number one country with the biggest bitcoin hashrate, as per new data from Cam...
UNI Token Leads DEX Gains Amid China Exchange Ban, Up Nearly 50% in 24 Hours
Huge interest is flowing into the decentralised market, much of it from local investors following the intense crackdown on the Chinese crypt...
Crypto Market Rocked by China Ban, But This is Nothing New
On Friday, September 24, the People’s Bank of China (PBOC) issued a notice effectively banning a host of crypto-related activities, in...
Huobi and OKEx Exchanges Dissolve China Entities, Moving Overseas
Amid rising regulatory pressure in China, major cryptocurrency exchanges Huobi and OKEx have decided to discontinue their entities based in ...
Chinese Internet Giant Supports Real Estate NFTs in its Entrepreneur Festival
Alibaba’s e-commerce platform Taobao is unveiling its self-proclaimed “socialist cyberpunk” housing digital collection as ...
It’s Official – Chinese CBDC Will Be Controlled by Smart Contracts
The People’s Bank of China (PBoC) has issued a whitepaper outlining the progress of China’s CBDC, formally called e-CNY. The doc...