Is China’s apprehension to ban NFTs a hopeful sign for investors?
China’s mixed signals regarding its local NFT industry have investors confused about where the local market may be headed.
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Volvo’s parent company establishes blockchain joint venture headquarters in Wuxi, China
Geely Holding sold over 2.2 million vehicles in 2021, including 698,693 Volvo cars.
US exceptionalism could be tested as digital assets find footing worldwide — Sheila Warren
“Innovation is going to flow to where it can thrive the most, and actively trying to block it is going to encourage it to head elsewhere," said Sheila Warren.
Chinese internet giants remove NFT platforms fearing gov’t crackdown
WeChat removed several accounts for digital collectible platforms for violating the policy of illegal trade, while Ant Group and Tencent-owned NFT platforms updated their user agreements.
Co-Founder of Bitmex Predicts Gold Rising to $10K, Bitcoin Marching to $1 Million
On March 16, Arthur Hayes, the co-founder of the cryptocurrency exchange Bitmex, published a blog post called “Energy Cancelled,” which describes the economics behind the ongoing Russia-Ukraine war. Hayes explains…
Mike Novogratz Expects Bitcoin to Hit $500K — Says BTC Is a Great Alternative in Economies With Poor Stewardship
Galaxy Digital CEO Mike Novogratz says bitcoin is a great alternative and a lifeline to people in countries with poor stewardship of the economy. He expects the price of the…
ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a…
Web3 will be key to the future of China’s internet, says security regulator
Yao Qian predicted that Web3 will reorganize the organizational form and business model of the Internet economy and offer a level playing field for all.
Blockchain Association policy head: US shouldn’t compete with China’s CBDC using surveillance tools
"We will not compete against China — an authoritarian dictatorship — by also acting like an authoritarian dictatorship," said Jake Chervinsky.
Bitcoin’s got 3 strikes, but investors remain calm despite price drop
Proof-of-work mining escaped severe regulatory pressure, but crypto derivatives and CNY Tether premium show investors' lack of excitement.
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