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Crypto in China

November 2023: Das sind Singles Day, Black Friday und Cyber Monday

In der Vorweihnachtszeit stolpern Verbraucher weltweit über verschiedene Shopping-Events, die mit verlockenden Angeboten und Rabatten werben. Doch was steckt eigentlich hinter Begriffen wie Singles Day, Black Friday und Cyber Monday? Ein kleiner Überblick. Das sind Singles Day, Black Friday und Cyber Monday In der Vorweihnachtszeit stolpern Verbraucher weltweit über verschiedene Shopping-Events, die mit verlockenden Angeboten und Rabatten werben. Doch was steckt eigentlich hinter Begriffen...

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Caroline Ellison Says FTX Bribed The Chinese Government With $100 Million

Former Alameda Research CEO Caroline Ellison offered more details about various financial crimes she committed at FTX with her ex-boyfriend, Sam Bankman-Fried while testifying in court on Wednesday. Besides stealing FTX customers’ money, Ellison said FTX bribed the Chinese government with $100 million to unlock a much larger pool of frozen assets. FTX’s Bribes According to a summary provided by Inner City Press on Wednesday, Alameda resorted to bribery after alternative...

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Hong Kong’s Crypto Initiatives Spark ‘Bubbling Optimism’ in East Asia: Chainalysis

Eastern Asia ranks as the fifth most active crypto market, contributing 8.8% of global digital asset activity between July 2022 and June 2023. Its decline over the last few years has been notable – largely propelled by the big blow to the Chinese trading activity and mining sector. Chainlysis’ latest analysis signals a potential tailwind for the region East Asia owing to Hong Kong’s crypto initiatives and industry-friendly regulations that have been launched over the past...

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Bitcoin-Rechenleistung: Netzwerk resilienter denn je!

Die Hash Rate misst die im gesamten Bitcoin-Netzwerk zur Verfügung stehende Rechenleistung und ist zugleich ein guter Indikator für die Sicherheit des Netzwerkes. Denn je mehr Rechenleistung für Mining und Validierung von Transaktionen zur Verfügung steht, desto sicherer ist Bitcoin auch vor Hacks oder anderen böswilligen Angriffen. Zugleich beeinflusst die Hash Rate auch den Schwierigkeitsgrad für das Schürfen rsp. Mining von Bitcoin, denn je mehr Miner aktuell beteiligt sind, desto...

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Apple’s Woes in China Persist as Huawei Makes Huge Chip Breakthrough

Aside from the popular Apple and Samsung brands, Huawei is probably one of the few other companies that has designed its smartphone processor. Another threat may just have added to the number of issues that Apple Inc (NASDAQ: APPL) currently faces in China. Despite the pertinent geopolitical and economic threats to its existence in the region, the giant tech firm now faces an additional challenge from a resurgent Huawei. That is because China’s biggest semiconductor manufacturer SMIC has...

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BRICS New Development Bank: Die Entwicklungsbank

Soeben fand der aktuelle BRICS-Gipfel statt. Die meisten Medien berichteten nicht darüber, da es nichts zu berichten gäbe. Mag sein. Aber aus sicht der Digitalen Währungen gab es doch 2 wichtige News. Einerseits wollen die BRICS-Staaten gegen die Weltmacht des US-Dollar vorgehen und beispielsweise grosse Erdöl-Deals vermehrt in lokalen Währungen abwicklen, sofern das funktioniert und genügend Liquidität vorhanden ist. Irgendwann soll eine...

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Chinese Official Sentenced to Life Imprisonment for Bitcoin Mining Operation and Corruption Charges

A former Chinese government official, Xiao Yi, has been sentenced to life in prison for helping subsidize a secret, large-scale Bitcoin mining operation within the country’s borders, alongside unrelated acts of corruption. Yi pled guilty to the charges, and the government has already seized all of his bribes and profits. Illegally Helping A Bitcoin Miner On Tuesday, Yi was specifically convicted of abusing his power by providing financial and electricity subsidies to Jiumu...

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Maximum Contol: China Plans to Monitor all Metaverse Users (Report)

The state-owned telecom operator China Mobile has reportedly proposed the creation of a “Digital Identity System” to keep track of all local metaverse users.  The idea has been discussed between tech experts and Chinese officials and could set global rules focused on that technology. A Safety Measure or Additional Government Control? According to a recent Politico coverage, the proposed “Digital Identity System” will require metaverse participants to share personal data...

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Drew Pavlou: China was Willing to Pay BTC to Have Me Killed

Did China offer a bitcoin bounty to have an Australian human rights activist killed? That’s the narrative according to Drew Pavlou, the man allegedly at the center of the “digital attack.” Drew Pavlou was on China’s Hit List Pavlou has been advocating for human rights in his native Australia for many years. He always thought he was doing the right thing and that his actions would lead him down a positive, cheerful path, but now, it appears he’s angered some people...

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