Browsing Tag
china
225 posts
Chinese public telecom provider Coolpad Group allocates $13.5m to buy Bitcoin mining rigs
Shenzhen-headquartered telecommunications equipment company Coolpad Group has announced the purchase of $13.5 million worth of crypto mining rigs.…
Hackers target OKX customers in suspected SIM swap attack
Hackers have allegedly targeted OKX, stealing funds from at least two accounts in a sophisticated attack involving SMS…
College student in China sentenced to 4 years in prison for $300k rug pull in crypto
A Chinese university student has received a prison sentence of over four years for what appears to be…
China, UAE pledge joint crackdown on cryptocurrency crimes
China is teaming up with the UAE on an enhanced initiative to combat crypto cybercrime. The announcement comes…
Beijing asks WeChat to lower its mobile payment share amid digital yuan pilot
China’s regulators have asked Tencent Holdings to lower the mobile payment market share of WeChat just a few…
Russia’s top metal producers reportedly turn to Tether for trades with China
Russia’s two largest unsanctioned metal producers have reportedly begun using Tether’s USDT stablecoin for cross-border transactions with Chinese…
Hong Kong to reportedly test retail digital currency for mortgage pricing
Hong Kong is set to start another trial with retail e-HKD, this time for pricing and distributing mortgages.…
DOJ charges two Chinese nationals in $73m crypto scam
The United States Justice Department has arrested two Chinese nationals behind a $73 million money laundering scheme. According…
Chinese Police Raids Illegal $1.9B USDT Banking Operation: Report
The Chinese police forces have burst a large underground banking operation using the popular stablecoin Tether (USDT) to…
Hong Kong debuts China’s digital yuan pilot, prohibits peer-to-peer transfers
China’s central bank digital currency is now available in Hong Kong, as Beijing is pushing hard to digitize…