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Meitu was one among many public companies that purchased Bitcoin to hold as a treasury reserve during the peak of the bull run last year and now joins the list of companies that have suffered heavily due to the bear market. Go to Source Powered by WPeMatico
Authorities in two Chinese cities are promoting the digital yuan as a payment method in the public transportation system. Commuters on the subway of Ningbo and those taking the bus in Guangzhou will be able to purchase their tickets using the state-issued digital currency. Residents and Visitors of Another 2 Chinese Cities to Pay Transit … Read more
The Metaverse development plan requires various municipalities to track NFT technology trends and integrate metaverse into education and tourism. Go to Source Powered by WPeMatico
Expected to launch in early 2023, Kenanga’s crypto-friendly super app will feature digital investment management, e-wallet, FX, stock trading and other services. Go to Source Powered by WPeMatico
BTC bulls were liquidated in last week’s drop to $20,800, meaning even more downside could occur if this level fails ahead of this week’s $1 billion options expiry. Go to Source Powered by WPeMatico
Scan and pay with e-CNY is now available in multiple Chinese cities for citizens looking to ride their local buses and subways. Go to Source Powered by WPeMatico
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment. Go to Source Powered by WPeMatico
This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.” Go to Source Powered by WPeMatico
The simple patent idea took three years to be granted regulatory clearance. Go to Source Powered by WPeMatico
The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June. Go to Source Powered by WPeMatico