The non-fungible token (NFT) standard aims to create a foundation for the discovery and collection of history while also creating greater value from the organisation’s ‘first draft of history’.
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Xiaohongshu pauses U.S. IPO
Chinese e-commerce and social media company Xiaohongshu, a startup also known as Little red Book, has paused its U.S. initial public offering plans …
Bitcoin mining is getting easier after China’s crypto crackdown wiped out network capacity
The clear culprit is China, where the government’s anti-crypto stance has forced mining operations to shutter from Sichuan to Xinjiang.
Russian Crypto Industry Association Courting Chinese Miners
The Russian Association of Cryptoeconomics, Artificial Intelligence and Blockchain (RACIB) is working with authorities and enterprises to bring crypto mining computer resources to Russia.
China is pumping money out of the US with Bitcoin
The United States-China trade war is now taking place in the cryptocurrency industry, with Bitcoin as a weapon.
The face of global luxury brands in China is at the heart of a #MeToo storm
Chinese consumers are siding with a woman who leveled serious allegations against Wu, and calling on luxury brands to drop him.
US revives WTO grain import quota case as China lags behind in commitments to buy American farm goods
A long-running dispute between the United States and China over Beijing’s import controls on rice, wheat and corn has been reignited at the World Trade Organization (WTO), adding to trade tensions …
Xiaohongshu Halts US IPO After China Curbs
Chinese social media and e-commerce startup Xiaohongshu, or “Little Red Book,” is putting its US initial public offering plans on hold after China tightened rules on overseas listings, according to …
China Evergrande Weighing Hong Kong IPO for Bottled Water Unit
China Evergrande Group is considering an initial public offering in Hong Kong for its bottled water business, people with knowledge of the matter said, as the country’s most indebted real estate …
China has the most restrictions on cross-border data flows, says Washington think tank
Data localisation measures imposed globally have doubled since 2017, with the number of such policies in China now far ahead of data-restrictive nations like India and Russia.
China’s export container shipping index up 13.9% in June
China’s index of export container transport went up 13.9 percent month-on-month in June, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at …
China imports 6.72m tons of LNG in June
China’s imports of liquefied natural gas (LNG) saw steady growth in June, data from the General Administration of Customs (GAC) showed Sunday. LNG imports totaled 6.72 million tonnes last month, …
Bitcoin price – live: Police steamroll thousands of crypto mining rigs as miners flee China
Bitcoin continues to trade within an uncharacteristically narrow price band, having failed to fall below $31,000 or break above $36,000 throughout July 2021.The cryptocurrency starts the week at the …