Conflux and Qtum users will both stake a minimum of $1 million worth of their native tokens to help secure each blockchain and receive liquid staking derivatives (LSD) that is iss …
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China-based chemical firms have earned millions in cryptocurrency by supplying fentanyl substances to drug cartels: reports
Elliptic, a London-based blockchain analytics firm, says it identified more than 90 China-based chemicals firms willing to sell fentanyl precursors Most popular crypto token accepted by these …
Suspected fentanyl chemical suppliers have received $38 mln in crypto -Chainalysis
Suspected sellers of chemicals used to manufacture the deadly drug fentanyl have received tens of millions of dollars worth of cryptocurrency since 2018, according to blockchain analytics firm …
Crypto’s Fentanyl Trade Worth Tens of Millions: Security Researchers
Law enforcement around the world has long pointed to China as being a source of deadly fentanyl as well as the precursors used to manufacture it. New research from both Chainalysis and Elliptic have …
Chinese Fentanyl Precursor Suppliers Received $27M in Crypto: Report
China-based suppliers of chemical precursor – ingredients used to produce synthetic opioid fentanyl – raked in more than $27 million in crypto payments, according to a research report by Elliptic.
Hong Kong firms as global crypto hub after fresh announcement; Will Conflux and Pepe pump?
The Hong Kong crypto hub narrative is heating up after one of the Special Administrative Region’s regulators made an affirming … Read More The post Hong Kong firms as global crypto hub after fresh …
LVMH, Kering Slide as China Worries Spur $56 Billion Luxury Rout
European luxury stocks including LVMH and Gucci owner Kering SA fell as a wave of Covid infections in China weighed on sentiment — extending a rout that’s wiped about $56 billion from the sector over…
Alibaba Cloud to cut 7% of staff, sending thousands of workers packing ahead of planned IPO
Alibaba’s cloud division is downsizing as it prepares to go public amid economic headwinds that pushed revenue down 2% in the first quarter. The ecommerce giant as a whole has also been reducing …
U.S.-China chip tensions have no ‘material impact’ on Lenovo’s business, says CFO
Wong Wai Ming, chief financial officer of the technology company, says world’s leading PC-maker has been complying with all the rules and regulations of the countries it operates in.
Factbox: China’s main import gas pipelines
China, the world’s third-largest gas buyer, imports the fuel in gaseous form via long-distance pipelines from three sources – central Asia, predominantly Turkmenistan, as well as Russia and Myanmar.
China’s Zeekr Sales Drive In Europe Threatens BMW, Audi, Mercedes
Chinese manufacturers’ entry plan is bigger in scale and ambition than previous ones as well as being almost entirely electric, and includes Geely’s upmarket Zeekr.
BYD launches new Han DM Series to seek dominance in mid-size market
China’s largest NEV maker BYD has unveiled its new Han DM Series, which are expected to help the carmaker seek dominance in the mid-size sedan market that has been long dominated by international …
China’s Nanjing city launches state-backed metaverse entity
China’s Nanjing City launched a state-backed organization on Monday to promote and enhance metaverse studies throughout the nation.
