Chinese AI researchers have achieved what many thought was light years away: A free, open-source AI model that can match or exceed …
Chinese
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Regulation
South Korea arrests six Chinese suspects over alleged $690k Tether heist: report
by shayaanby shayaanSix Chinese nationals were arrested in Jeju, South Korea, for allegedly assaulting a dealer and stealing $689,000 during a stablecoin exchange. Authorities …
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The bitcoin (BTC) mining industry was shaken up in the last months of 2024 by the sudden entrance of a new player: …
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Mining
From Chinese Car Firm to Crypto: Cango Quietly Becomes a Bitcoin Mining Giant
by shayaanby shayaanAccording to a report from Blockspace Media, there’s a new entity on the block that has quietly climbed to become the third-largest …
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Adoption
Chinese data miner SOS’ stock surges 100% after board approves $50 million Bitcoin investment
by shayaanby shayaanSOS Limited, a Chinese data mining and technology company, announced on Nov. 27 that its board has approved a $50 million investment …
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China-based company SOS Limited plans to tap Bitcoin to support its investment portfolio and extract value from the fast-growing cryptocurrency. SOS CEO …
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Regulation
Chinese official gets life sentence for selling state secrets to pay crypto debts
by shayaanby shayaanA Chinese public official has been sentenced to life imprisonment for selling state secrets to foreign entities to cover crypto investment losses, …
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Markets
Chinese Nationals Gain Access to Stablecoins in Hong Kong Via New Trial
by shayaanby shayaanThe trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese …
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Mining
UAE and Chinese Investment Firms Partner on Ethiopian Energy Infrastructure Project
by shayaanby shayaanHodler Investments and GCL Energy Investment have partnered to develop a distributed energy infrastructure project in Ethiopia to power next-generation data centers. …