Local police have busted Wotoken, China’s second ten-figure crypto Ponzi. The scam, Wotoken, took in roughly $1 billion worth of crypto at current prices from over 715,000 victims. One of the scam’s … ( read…
Tagged By beijing
What is China’s cryptocurrency alternative sovereign digital currency and why is it not like bitcoin?
China’s sovereign digital currency could be launched later this year, with the likes of Alibaba’s Alipay and Tencent’s WeChat Pay already popular payment methods. ( read original story …)
China admits to destroying early coronavirus samples – but says it was NOT part of a cover-up
Liu Dengfeng, a supervisor with China’s National Health Commission, admitted that the ‘the Chinese government issued an order on January 3 to dispose of coronavirus samples’. ( read original story …)
Labor Secretary Eugene Scalia says US re-examining dependency on China after coronavirus fallout
As America begins its reopening process in the wake of the first wave of the COVID-19 pandemic, the U.S. government is re-examining its dependency on other nations with a focus on China, U.S. Labor … ( read…
How crypto mining tried, but failed, to gain a Swiss toehold
This crypto mine in Gondo could not keep up with competitors with cheaper electricity.(Keystone/ Valentin Flauraud) There was a time when any Tom, Dick or Harry could create (or ‘mine’) bitcoin with a … ( read…
U.S. Lawmakers Work on Stimulus; India Coronavirus Cases Surpass China
India overtook China to become the country with the highest number of coronavirus cases in Asia, while U.S. lawmakers are drumming up further stimulus as disruptions from the pandemic continue to … ( read original…
EU Official Says China Trying to Exploit Division Within Europe, Member States Must Remain Unified
The European Union’s foreign policy chief cautioned member states against allowing China to take advantage of diplomatic divisions between them in order to impose their “state-centric” stance. ( read original story …)
Trump Considers Restoring 10 Percent of WHO Funding, Matching China Contributions
In a post on Twitter, the U.S. president emphasized that no final decision had been made and that funding for the global health agency remained frozen. ( read original story …)
U.S. and China Trade Coronavirus Accusations, Sparking Fears of a New Cold War
New evidence of deepening economic crisis came from Germany, China and elsewhere. For the second time in a month, a Brazilian health minister is leaving after clashing with the president. ( read original story …)
China’s Wuhan conducted 113,609 COVID-19 tests on May 15: officials
The city of Wuhan, the original epicentre of the new coronavirus outbreak in China, conducted 113,609 nucleic acid tests on May 15, the local health authority said on Saturday. ( read original story …)
Coronavirus live updates: India surpasses China as cases spike; Greece reopens beaches
The number of cases in India surpassed that of China, climbing to a total of 85,940 infections. It is now the 11th worst-hit country globally. ( read original story …)
China’s Diplomats Are Going on the Offensive in Brazil
The author then threatened the member of Congress, writing that “should any country insist on being China’s enemy, we will be its most sophisticated enemy!” Until very recently, it would have been … ( read…
From ‘Respect’ to ‘Sick and Twisted’: How Coronavirus Hit U.S.-China Ties
By Chris Buckley and Steven Lee Myers “Evil.” “Lunacy.” “Shameless.” “Sick and twisted.” China has hit back at American criticism over its handling of the coronavirus pandemic with an outpouring of … ( read original…