One victim told authorities they liquidated their retirement accounts to invest with the scammers they met online.
Tagged By blockchain
Bitcoin will Hold Strategic Importance to Strengthen US’ Position Against China, Says JD Vance
The US feels that China’s distance from crypto can give it a leverage in the digital assets space under Trump’s Presidency.
Far From Home: Uyghur Workers in Factories Supplying Global Brands
China’s persecution of Uyghurs prompted the U.S. to ban Xinjiang imports. China found a way around it — by shipping more Uyghurs across the country.
This logistics startup is getting ‘buried in inbound’ from brands after de minimis ended. It just raised $18 million.
Logistics startup Portless secures $18 million in Series A funding amid tariff changes, offering Western brands a Shein-inspired shipping model.
US Halts Exports of Some Jet Engine Tech to China, NYT Says
US President Donald Trump has barred the export of critical US jet engine parts and technology to China, the New York Times reported.
China’s Steel Export Surge Appears to Have Peaked
Reports suggest China’s steel export surge has likely peaked due to rising trade barriers, declining domestic demand, and a shift towards emerging sectors, leading to projected drops in production and exports.
The Shift East: How China’s EV Boom Powers Its Tech Rise
Time and again, whether it’s smartphones, solar panels, or 5G, China is combining state support with economies of scale and a fiercely competitive domestic market to command transformative technology. Strong supply chains leverage high-quality …
U.S. Pauses Exports of Airplane and Semiconductor Technology to China
President Trump has stopped some critical products and technologies made only in the United States from flowing to China, flexing the government’s power over global supply chains.
JD Vance says US should use bitcoin as an advantage in rivalry with China
Speaking at the Bitcoin Conference in Las Vegas, Vance applauded president Donald Trump’s executive order in March that created a strategic bitcoin reserve with tokens already owned by the government.
Shein switching to Hong Kong listing after London IPO stalls: Sources
Its proposed listing in London failed to secure green light from Chinese regulators, sources said. Read more at straitstimes.com. Read more at straitstimes.com.
Nvidia shares rise as sales hit from China export curbs not as bad as feared
Nvidia beat quarterly sales expectations as customers stockpiled its AI chips before fresh U.S. curbs on China exports took effect, but the same restrictions will slice off $8 billion in sales from the company’s current…
Sources: Meeting signals potential easing of China’s rare earth export controls for EU chip firms
China’s Ministry of Commerce has briefed Chinese and European semiconductor-related enterprises on rare earth export control procedures, indicating a potential relaxation of restrictions for EU-linked supply chains so as to better stabilize global industrial chains,…
U.S. Pauses Exports of Jet Engine and Chip Technology to China
President Trump has stopped some critical products and technologies made only in the United States from flowing to China, flexing the government’s power over global supply chains.
