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“# One of the world’s top banks issues bonds that can be bought with Bitcoin ” China Construction Bank has partnered with a Hong Kong-based fintech to issue the first-ever blockchain-based digital security issued by a Chinese financial institution. One of the “Big Four” banks in the People’s Republic of China, CCB is ranked the…
“#China gears up for world’s largest online shopping festival” HONG KONG — Chinese consumers are expected to spend tens of billions on everything from fresh food to luxury goods during this year’s Singles’ Day online shopping festival, as the country recovers from the pandemic. The shopping festival, which is the world’s largest and falls on…
“# Big mining move: Bitcoin’s hash power increases 42% in two days ” The hash power of the Bitcoin (BTC) network has jumped by roughly 30% over the past 24 hours, which if sustained, suggestsg a major difficulty adjustment may soon be incoming. According to Coinwarz, Bitcoin’s hash rate currently sits at 157.5 exahashes per…
“#Motorist miraculously survives after cement truck flattens minibus” A motorist in China miraculously survived when an out-of-control cement truck overturned and crushed the minivan the man was in, dramatic video shows. The wild incident unfolded last Tuesday in the city of Dalian in the Liaoning province, according to Newsflare. Footage of the crash shows the…
“# FUD or regulatory change? Rumor clouds swirl around crypto exchanges ” The mood of fear, uncertainty and doubt, otherwise known as FUD, that has gripped some of the largest cryptocurrency exchanges since October heightened last week — and it had nothing to do with the United States presidential election. “Weird Binance fud Friday and…
“#WHO is letting China block an investigation of how COVID-19 started” It’s been clear from the pandemic’s start that China staged a shameful coverup that cost lives across the world. Now, newly uncovered details show that the World Health Organization didn’t just kowtow to the Communists — the UN agency actively helped Beijing whitewash its…
“# Russia’s central bank says the pandemic has accelerated regulators’ interest in CBDCs ” The COVID-19 pandemic has served both as an x-ray onto existing vulnerabilities in the global financial system, and as an accelerator for destabilizing tendencies, including higher sovereign and consumer debt in emerging markets. At an online meeting of the Central Bank…
“#TikTok owner reportedly eyes fundraising valuing it at $180B” TikTok-owner ByteDance is in early talks to raise a new round of financing that will value it at $180 billion after the investment, according to two people familiar with the matter. The company is discussing the round with existing investors including Sequoia Capital and General Atlantic…
“# Crypto mining is now drawing in the world’s top renewables producers ” En+ Group, the world’s top producer of low-carbon aluminum and the largest private-sector generator of hydropower, has entered its first crypto mining joint venture. The new venture, called Bit+, will focus on creating facilities that support crypto mining with a low carbon…
“# WTO blockchain report says customs remains ‘weak link’ of trade digitalization ” The World Trade Organization and Trade Finance Global have published their latest taxonomy of blockchain projects in international trade, arranged into what they present as a “periodic table” for the industry. The original rendition of the periodic table was published in winter…