Ebang International Holdings, which makes equipment for cryptocurrency mining in China, filed on Friday with the SEC to raise up to $100 million in an initial public offering. Ebang designs … ( read original story…
BUSINESS
A Great Business Exodus From China
These elements are crucial in the development of technological products, notably in high-tech security and defense systems, and the move to bring the supply chain home is a hallmark of a great exodus … (…
China’s National Blockchain Will Change the World
As China rolls out its Blockchain-based Services Network (BSN), an insider describes the “breathtaking” scope of the initiative. ( read original story …)
Blockchain Bites: Coinbase Oracle, Gun Sirer’s Grants and Lightning-Powered Private Messages
A little-known technology startup has become the de facto designer of China’s Blockchain-based Service Network, an internet platform that could have significant geo-political consequences. Roger Ver … ( read original story …)
China puts global economic recovery into ‘radically different terrain:’ Former Prime Minister of Australia
Lessons learned from the Great Recession are likely to hamper China’s ability to stimulate its way out of the coronavirus pandemic this time around, according to Former Prime Minister of Australia … ( read original…
CryptoCorner: Bitcoin Rallies as CME Futures Expire, China’s Digital Yuan May be Piloted by Starbucks
As traders have been closely monitoring stocks, the push higher in U.S. equities today may share some responsibility for the jump in bitcoin’s price.” A Chinese publication called Interchain Pulse … ( read original story…
McDonald’s, Starbucks, Subway Part Of China’s Central Digital Currency Pilot: Report
Three United States-based fast food and beverage chains are participating in a new pilot of China’s centralized cryptocurrency, CNBC reported Friday. What Happened The … ( read original story …)
A Battery Maker Sees Virus as Spur to Wrest Business From China
For Marian Bocek, the coronavirus is a reminder that Europe needs to reduce its dependence on China, especially when it comes to making parts for the next generation of cars and trucks. ( read original…
Meet Red Date, the Little-Known Tech Firm Behind China’s Big Blockchain Vision
A driving force behind the scenes of China’s ambitious blockchain infrastructure project says he used to be skeptical of the technology. “Initially I thought blockchain, especially distributed ledger … ( read original story …)
Coronavirus Updates: Using Blockchain Technology to Fight the Pandemic
Blockchain technology projects are being developed to help with various aspects of the pandemic. Follow along for the latest news and insights on the coronavirus’s impact on investors, companies and … ( read original story…
VW Group’s Seat brand postpones China entry
The China market entry of Volkswagen Group’s Seat brand, where it was to develop a small electric vehicle, has been postponed by changing business conditions and a revision of VW Group’s strategy. ( read original…
Imagination plans IPO after China fracas
They were all from one of its partners, China Reform Holdings, a Chinese government investment fund. The move led to the departure of Imagination’s chief executive, Ron Black, and the intervention of … ( read…
Blockchain Bites: China’s Miners, Africa’s Venmo and Cuba’s New Exchange
China’s rainy season reduces the costs of bitcoin mining but investors aren’t … Researchers with the University of California Berkeley’s Haas Blockchain Initiative have found stablecoin issuances do … ( read original story …)