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OnlyFans Founder, Crypto Foundation Submit Late-Stage Bid To Buy TikTok
A startup run by Tim Stokely, founder of adult content social media site OnlyFans, has partnered with a cryptocurrency foundation to submit a late-stage plan to acquire short video app TikTok from Chinese owner ByteDance, the two said on Wednesday.
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MBBS Student Held Over Alleged Transfer of Rs. 8 Lakh in Crypto to Chinese Nationals After Cyber Fraud
Deputy Commissioner of Police (DCP) Rajesh Kumar Tripathi said the accused, identified as Vikram Vishnoi (23), was arrested based on the clues found in the case of cheating a city-based software engineer of Rs 1.35 lakh by placing him under "digital arrest".
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Chinese AI Developers Outsmart US Chip Restrictions With Overseas Computing: Report
Chinese artificial intelligence developers are evading strict US export controls on advanced chips by utilizing foreign computing resources, particularly Nvidia's A100 and H100 chips, according to The Wall Street Journal.
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Google Files Lawsuits Against Chinese Nationals for Promoting Fraudulent Crypto Apps on Play Store: Report
In the lawsuit filed by Google, the company has alleged that the two Chinese nationals were luring people to engage with scam crypto apps, getting them to deposit funds and later blocking access to their deposits.
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China Launches Public Blockchain Platform Despite Unfriendly Crypto Stance
Chaina aims to equip cross-border transactions related to its Belt and Road Initiative (BRI) with blockchain capabilities. To do so, the Chinese government has launched the ‘Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative’ in a fresh development.
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ED Files Charges Against Chinese-Origin Directors, Others in Crypto Mining App Case
A charge-sheet has been filed under the anti-money laundering law against 299 entities, including 10 persons of Chinese origin, in an investigation linked to alleged duping of investors in the name of mining cryptocurrencies such as Bitcoins, the Enforcement Directorate said on Wednesday.
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Standard Chartered Bank Joins China’s CBDC Pilot Trials : All You Need to Know
Standard Chartered China has become the latest bank that has joined China’s CBDC pilot. This means that Standard Chartered Bank in the Asian nation will now allow its users to access the digital version of the Chinese Yuan.
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China’s Ant Group Launches Blockchain Services Brand ‘Zan’ for Web3 Developers
Ant Group has launched a sub-brand called Zan to help blockchain developers bring out solutions for Web3. One of the first solution this brand brings along is a solution to help Web3 firms, managing or issuing real-world assets (RWAs), follow local regulatory requirements.
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Bitcoin Sinks to $26,000 Mark First Time Since June, Most Cryptocurrencies Record Losses
The crypto market cap, in the last 24 hours, dropped by 7.29 percent. Bitcoin and Ether both registered losses of around seven percent on Friday. Most cryptocurrencies tagged behind the top two coins into the loss-ridden part of the crypto chart.
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KuCoin CEO Defends Company's Financial Position After Crypto Firm Reportedly Lays Off 30 Percent of Workforce
KuCoin has reportedly fired 30 percent of its workforce just days after tightening its KYC policy. In damage control, KuCoin CEO Johnny Lyu tweeted a clarification noting that the company’s finances were not an issue and that hiring and firing employees are part of day-to-day corporate functioning.
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Alibaba Cloud, Near Foundation Agree to Collaborate on Asia’s Web3 Growth: Details
The Near Foundation is aiming to encourage more Web3 developers to use its blockchain to support their solutions and products. Zeroing in on Asia, Near has not entered China with Its partnership with Alibaba Cloud. It aims to ensure developers from anti-crypto China would also hop onboard the Web3 wagon.
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Conmen Using Foreign Numbers For Committing Cybercrimes: Chattisgarh Cop
Nigerian nationals and Chinese gangs are allegedly trapping innocent people on the pretext of offering money for performing easy tasks online or on the promise of lucrative returns by investing in cryptocurrencies, said a police officer.
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Bhutan Seeking Investment for $500 Million Fund for Green Crypto Mining in Himalayas
Bhutan’s investment arm and Nasdaq-listed company Bitdeer Technologies Group plan to seek investors for a fund worth up to $500 million that will be used to develop green crypto mining in the Himalayan kingdom.
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US SEC Threatens to Sue Coinbase Over Crypto Products, Shares Drop 13 Percent
The US Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global Inc over some of the crypto exchange's products, turning up the heat on the largely unregulated sector.
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China is Missing Fintech Opportunities Banning Crypto, Warns Economist
Huang Yiping, the former advisor to the People’s Bank of China (PBOC), has voiced concerns that China is losing next-gen fintech opportunities, that other parts of the world are already experimenting with. In Yiping’s opinion, opportunities in exploring the ‘very valuable’ blockchain technology.
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OnlyFans Founder, Crypto Foundation Submit Late-Stage Bid To Buy TikTok
A startup run by Tim Stokely, founder of adult content social media site OnlyFans, has partnered with a cryptocurrency foundation to submit a late-stage plan to acquire short video app TikTok from Chinese owner ByteDance, the two said on Wednesday.
-
MBBS Student Held Over Alleged Transfer of Rs. 8 Lakh in Crypto to Chinese Nationals After Cyber Fraud
Deputy Commissioner of Police (DCP) Rajesh Kumar Tripathi said the accused, identified as Vikram Vishnoi (23), was arrested based on the clues found in the case of cheating a city-based software engineer of Rs 1.35 lakh by placing him under "digital arrest".
-
Chinese AI Developers Outsmart US Chip Restrictions With Overseas Computing: Report
Chinese artificial intelligence developers are evading strict US export controls on advanced chips by utilizing foreign computing resources, particularly Nvidia's A100 and H100 chips, according to The Wall Street Journal.
-
Google Files Lawsuits Against Chinese Nationals for Promoting Fraudulent Crypto Apps on Play Store: Report
In the lawsuit filed by Google, the company has alleged that the two Chinese nationals were luring people to engage with scam crypto apps, getting them to deposit funds and later blocking access to their deposits.
-
China Launches Public Blockchain Platform Despite Unfriendly Crypto Stance
Chaina aims to equip cross-border transactions related to its Belt and Road Initiative (BRI) with blockchain capabilities. To do so, the Chinese government has launched the ‘Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative’ in a fresh development.
-
ED Files Charges Against Chinese-Origin Directors, Others in Crypto Mining App Case
A charge-sheet has been filed under the anti-money laundering law against 299 entities, including 10 persons of Chinese origin, in an investigation linked to alleged duping of investors in the name of mining cryptocurrencies such as Bitcoins, the Enforcement Directorate said on Wednesday.
-
Standard Chartered Bank Joins China’s CBDC Pilot Trials : All You Need to Know
Standard Chartered China has become the latest bank that has joined China’s CBDC pilot. This means that Standard Chartered Bank in the Asian nation will now allow its users to access the digital version of the Chinese Yuan.
-
China’s Ant Group Launches Blockchain Services Brand ‘Zan’ for Web3 Developers
Ant Group has launched a sub-brand called Zan to help blockchain developers bring out solutions for Web3. One of the first solution this brand brings along is a solution to help Web3 firms, managing or issuing real-world assets (RWAs), follow local regulatory requirements.
-
Bitcoin Sinks to $26,000 Mark First Time Since June, Most Cryptocurrencies Record Losses
The crypto market cap, in the last 24 hours, dropped by 7.29 percent. Bitcoin and Ether both registered losses of around seven percent on Friday. Most cryptocurrencies tagged behind the top two coins into the loss-ridden part of the crypto chart.
-
KuCoin CEO Defends Company's Financial Position After Crypto Firm Reportedly Lays Off 30 Percent of Workforce
KuCoin has reportedly fired 30 percent of its workforce just days after tightening its KYC policy. In damage control, KuCoin CEO Johnny Lyu tweeted a clarification noting that the company’s finances were not an issue and that hiring and firing employees are part of day-to-day corporate functioning.
-
Alibaba Cloud, Near Foundation Agree to Collaborate on Asia’s Web3 Growth: Details
The Near Foundation is aiming to encourage more Web3 developers to use its blockchain to support their solutions and products. Zeroing in on Asia, Near has not entered China with Its partnership with Alibaba Cloud. It aims to ensure developers from anti-crypto China would also hop onboard the Web3 wagon.
-
Conmen Using Foreign Numbers For Committing Cybercrimes: Chattisgarh Cop
Nigerian nationals and Chinese gangs are allegedly trapping innocent people on the pretext of offering money for performing easy tasks online or on the promise of lucrative returns by investing in cryptocurrencies, said a police officer.
-
Bhutan Seeking Investment for $500 Million Fund for Green Crypto Mining in Himalayas
Bhutan’s investment arm and Nasdaq-listed company Bitdeer Technologies Group plan to seek investors for a fund worth up to $500 million that will be used to develop green crypto mining in the Himalayan kingdom.
-
US SEC Threatens to Sue Coinbase Over Crypto Products, Shares Drop 13 Percent
The US Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global Inc over some of the crypto exchange's products, turning up the heat on the largely unregulated sector.
-
China is Missing Fintech Opportunities Banning Crypto, Warns Economist
Huang Yiping, the former advisor to the People’s Bank of China (PBOC), has voiced concerns that China is losing next-gen fintech opportunities, that other parts of the world are already experimenting with. In Yiping’s opinion, opportunities in exploring the ‘very valuable’ blockchain technology.
