The process of ‘mining’ the cryptocurrency has previously come under fire from critics due to its energy intensity …
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Ebang Plunges After Hindenburg Short of China Crypto Mining Machine Group
“Ebang is yet another cautionary tale for inexperienced retail investors enthused by anything crypto-related,” Hindenburg said. “As is so common with other ridiculous China-based schemes, the company …
Short seller Hindenburg Research says Ebang International is a crypto ‘China hustle’ taking US investors’ cash
Hindenburg Research says Ebang International is inflating volume metrics for its crypto exchange and exaggerating bitcoin mining machine sales.
China Business Confidence Hits 10 Year High
The vast majority of Asian equity markets reopened today on light volumes and little news. Meanwhile, Hong Kong and Thailand enjoyed another day off.The private survey of purchasing managers conducted …
Ebang Slumps After Hindenburg Short Of China Crypto Mining Machine Group
“Ebang is yet another cautionary tale for inexperienced retail investors enthused by anything crypto-related,” Hindenburg said. “As is so common with other ridiculous China-based schemes, the company …
World’s first offline NFT art exhibition lands in China
For China, switching from a plain canvas to a crypto art masterpiece might take some time, but hosting the world’s first offline crypto-art show is a start. There are hopes China’s NFT market will …
Glory Star Announces the Commercial Application of Blockchain Technology in CHEERS Video Application and CHEERS E-Mall
Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) (“Glory Star” or the “Company”), a leading mobile and online digital media and entertainment company in China, today announced that it has …
Live: A visit to South China Sea’s Yangpu Port
Our first stop is a key import and export port in the South China Sea — the Yangpu Port in Hainan Province. Despite COVID-19, the port still saw a positive development dynamic in 2020. Join…
Crypto market cap tops jaw-dropping $2T mark in three months from $1T driven by Bitcoin, Ethereum, others
Bitcoin has grown over 100 per cent while Ethereum has scaled by 184 per cent in 2021 so far. While Wall Street firms such as Goldman Sachs, Citigroup, BlackRock, others have been dabbling in Bitcoin,…
China stocks trade near four-week high as traders weigh earnings setback, new economic data
READ FULL ARTICLE A private report today showed Caixin China PMI Composite rose to 53.1 in March … and Zhejiang Truelove Vogue rose by at least 38 per cent. Iris Ouyang is a business reporter…
Jackpot: Ten New Billionaires From IPOs In 2021
The IPO has made Bumble’s cofounder and CEO … Blue Moon is the top seller of liquid laundry detergents and liquid soaps in China, according to the company. Chief executive Lomtadze and early …
Electric Carmaker Faraday Future Files for Nasdaq IPO
Faraday Future, the US electric vehicle startup founded by disgraced business tycoon Jia Yueting, applied to go public on the Nasdaq stock exchange yesterday, paving the way for the mass production of …
Global Brands Find It Hard to Untangle Themselves From Xinjiang Cotton
Under pressure to renounce cotton harvested in a Chinese region marked by gruesome repression, they face a backlash from nationalist Chinese consumers.
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