Chinese companies with access to cheap electricity and hardware handled 78.89% of global bitcoin blockchain operations as of April 2020, the study said. This involves minting new coins and keeping …
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Biden Maintains Trump’s Tough Trade Stance Toward China
“China’s actions are uncompetitive … Overall, the United States is maintaining tariffs on 66% of Chinese exports. Raimondo said those import taxes are needed to level the playing field for …
China’s Bitcoin Mining Industry Could Derail Climate Targets: Researchers
As China’s bitcoin mining industry grows bigger, some researchers believe the electricity-gulping bitcoin mining may prevent China from achieving its climate goals. This was made […] …
Applovin IPO: 5 things to know about the software company seeking a $30 billion valuation
KKR has the lion’s share of voting control The company plans to offer Class A shares in the IPO, which carry one vote … t for U.S. concerns about investments in strategic assets from China,…
Blockchain technologies are increasingly leaving behind a bulky carbon footprint
New analyses suggest Bitcoin-related carbon emissions in China will soon produce more annual emissions than some midsize European countries, per New Scientist. The new research out of Tsinghua …
Facing Restrictions In China, JD Digits Launches Holding Company
JD Digits will reportedly set up a financial holding company to meet with China’s regulatory rules governing the FinTech sector.
China’s ‘Official’ Oil Imports Drop As It Buys More Iranian Crude
China’s crude oil imports are estimated to have declined by 8.81 percent month over month in March to stand at 11.26 million barrels per day (bpd), energy analytics services provider OilX said …
Bitcoin mining could undermine China’s efforts to reduce carbon emissions
China accounts for more than 75% of the BTC network’s hashing power. Research published in Nature Communications says crypto mining activities will gradually grow and peak in 2024 at 296.59 …
Biden Will Get Back To Business With China But Not Soon Enough For The U.S. Energy Sector
After the Biden administration released its formal trade agenda to Congress, its most glaring message was absent — that the United States would use dispassionate reason to restore business and …
Tencent-backed MissFresh is said to weigh US$500 million US IPO
Combine search: “high speed rail” @author “Bhattacharjee” @category “From the Edge” Searching either words : 1MDB MAS Searching all words : “Genting Berhad” Searching Chinese phrase : “马电讯” (April 7): …
Ebang: Yet Another Crypto “China Hustle” Absconding With U.S. Investor Cash
Ebang International Holdings Inc (NASDAQ:EBON) is a China-based crypto company that has raised ~$374 million from U.S. investors …
China’s net zero target to hit gas, coal exports but boost iron ore
With these changes come massive reductions in the need for Australian imports, beyond the current trade restrictions on coal. “The substantial changes in China’s energy structure imply significant …
iClick Interactive Helps International Brands Access the Power of Private Domain Traffic in China with New SaaS-based Standard Solution, iSmartGo
PRNewswire/ — iClick Interactive Asia Group Limited (‘iClick’ or the ‘Company’) (NASDAQ: ICLK), an independent online …
