Bush made a point in declaring that China was a strategic competitor. And in 2016, before he became president, Donald Trump accused China of “raping” America. But if the last two weeks are any guide,…
Tagged By crypto
Bittrex Exec Joins Mortgage Giant Fannie Mae After Crypto Exchange’s Brush With NYDFS
Reversing the pattern of government veterans jumping to crypto startups, Bittrex US’ former chief compliance and ethics officer has moved to mortgage finance giant Fannie Mae. ( read original story …)
Report on China’s Blockchain Industry Weathering the Storm of COVID-19
China’s economy shrank for the first time in 44 years … Bitcoin (BTC) and other currencies have bounced up and down since the pandemic started, yet it might be white noise hiding the real change…
China’s coronavirus diplomacy has finally pushed Europe too far
With a series of high-level summits culminating in a visit to Germany in the fall by President Xi Jinping, this was supposed to be the year of Europe-China diplomacy. Instead, Europeans are warning of ……
Gucci Owner Kering Hit Hard by Sales Slump but China Recovery Offers Hope
However, Kering said it had seen “encouraging signs” in mainland China in March with the reopening of most of its stores. The stock fell 6% in early trading on Wednesday and has now fallen 21%…
Shunned by U.S., Huawei Winning China’s $170 Billion 5G Race
Huawei Technologies Co. is emerging as the runaway winner in China’s $170 billion effort to build out its fifth-generation wireless networks, part of a concerted effort by Beijing to seize the lead in … (…
China Unicom profit tumbles; silent on 5G
China Unicom booked a double-digit drop in profit in the first quarter of 2020 as ARPU and subscriber numbers continued to fall year-on-year, with the operator looking to 5G to drive growth but still ……
China Unicom 1Q Net Profit Fell 14% as Costs Surged
China Unicom (Hong Kong) said first-quarter net profit fell 14% despite higher revenue, as surging administrative expenses weighed on earnings. Net profit declined to 3.17 billion yuan ($448.3 million … ( read original story …)
China’s Crypto Currency Currently the First, but Fears Remain
There was a biggie last week with the leaking of China’s much anticipated Central Bank Digital Currency (CBDC). The leak revealed extensive details of how the accompanying app works, a look at the … (…
Is WeChat losing its appeal to luxury brand marketers?
“WeChat has slowly moved from being merely an information outlet towards a full service platform. It’s a pool the brands are trying to channel all their customers into,” said Kai. Pablo Mauron, … ( read…
Shunned by U.S., Huawei Winning in China’s $170 Billion 5G Race
Huawei Technologies Co. is emerging as the runaway winner in China’s $170 billion effort to build out its fifth-generation wireless networks, part of a concerted effort by Beijing to seize the lead in … (…
Blockchain Bites: DeFi Hacker Is Back, Oil Craters and Big Tech Won’t Sue You
Big Tech vows not to sue developers using their patents to build solutions to the COVID-19 pandemic while a hacker returns funds stolen this weekend. ( read original story …)
New Crypto Ponzi Scheme Takes Off in China
In China, a new Ponzi scheme has picked up steam … While the PlusToken scam remains one of the most significant crypto scam operations in history (second to, perhaps, OneCoin), the scam … ( read…
