Category: Chinese

Chinese Police Investigate Ex-Bitmain Employee for Bitcoin Miner IP Theft
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Chinese Police Investigate Ex-Bitmain Employee for Bitcoin Miner IP Theft

Yang Zuoxing, CEO at MicroBT, is under investigation by the local police. The investigation is allegedly related to a dispute over Bitmain’s intellectual property rights. Yang nor MircroBT have released an official statement. A former Bitmain employee, Yang Zuoxing, is under investigation by the local police in China. The case appears to be related to…

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Chinese Bitcoin Mining Giant Files $400 Million US IPO after Hong Kong Failure
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Chinese Bitcoin Mining Giant Files $400 Million US IPO after Hong Kong Failure

World’s second-largest maker of bitcoin miners not intimidated by the China-US trade war. Canaan Creative has failed to list in Hong Kong and mainland China. Most recent half-year results registered a loss. A threat by President Donald Trump’s administration to delist Chinese stocks on the likes of the New York Stock Exchange and the NASDAQ…

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Chinese Stocks Fall, U.S. Bonds Rise as Trump Administration Weighs Iran Retaliation
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Chinese Stocks Fall, U.S. Bonds Rise as Trump Administration Weighs Iran Retaliation

Asian stocks traded mostly lower on Tuesday as Washington and its allies weighed retaliation against Iran for its alleged involvement in weekend drone attacks on Saudi Arabia. | Image: AP Photo/Lee Jin-manAsian stocks tumbled on Tuesday, as the flight from risk assets continued in the wake of devastating weekend attacks on Saudi Arabia’s oil industry.Latest…

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Chinese Stocks Tumble After Disastrous Industrial Production Data – CCN.com
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Chinese Stocks Tumble After Disastrous Industrial Production Data – CCN.com

Chinese industrial production showed renewed weakness in August. | Image: AFP / China Stocks in mainland China and Hong Kong tumbled on Monday after Beijing reported a sharper than expected slowdown in industrial production, signs that the ongoing trade war with Washington was ravaging domestic producers. Chinese Stocks Decline Mainland China’s Shanghai Shenzhen CSI 300…

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EOS Gets a Boost on Chinese TV, But Critics Fear Centralization
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EOS Gets a Boost on Chinese TV, But Critics Fear Centralization

EOS scored an awareness boost after being featured on Chinese television, but critics warn China has become a systemic risk to the cryptocurrency. | Source: ShutterstockEOS received a major boost in awareness this week thanks to a Chinese television show that featured a popular blockchain RPG called Crypto Sword & Magic.”ICS Money Talks,” the only…

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Chinese State Media Cites Taylor Swift in Attack on Donald Trump
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Chinese State Media Cites Taylor Swift in Attack on Donald Trump

The Chinese state propaganda outlet Global Times cited the words of pop superstar Taylor Swift in an attack on President Donald Trump on Monday after she accused him of “gaslighting” his opponents into questioning their own love for the country. In a piece titled “Why Are the Chinese Brushing Aside Trump’s Tweets?” opinion writer Mu Lu tries…

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