china

448 Articles 5 Followers


Five Arrested in China for Attempting to Kidnap Billionaire

15 Jun 2020 1 minute read 0 comments AverageVancouverite

Chinese police authorities say that five people have been arrested after they attempted to kidnap the nation's 6th richest person, He Xiangjian. According to local sources, the kidnappers broke into Mr. He's villa in the city of Foshan, the Guangdong...

Fuel Tanker Truck Explosion Killed 19 in Zhejiang, China

14 Jun 2020 1 minute read 0 comments AverageVancouverite

Local Chinese media reports that at least 19 people are confirmed dead while over 170 others were injured after a fuel tanker truck carrying liquefied gas exploded on a highway near the Liangshan village in the Zhejiang province. A second explosion t...

As The World Wrestles With Crypto; China's Most Difficult University Exam Questions Students About Bitcoin

14 Jun 2020 2 minute read 0 comments PassionCryptodotcom

China is evolving at the speed of "Lambo" when it comes to digital currencies, blockchain and Bitcoin . The Far Eastern superpower is secretly injecting millions of yuan into the development of blockchain parks, education, a distributed framework and...

5 Killed by Rainstorm and Flooding in Chongqing, China

13 Jun 2020 1 minute read 0 comments AverageVancouverite

Chinese government officials of the Zunyi city south of the Chongqing metropolis announced that five people are confirmed dead while 8 others are missing after torrential downpours began late on Thursday night. A statement by officials notes that at...

Bitcoin In The Crossfire As The Chinese-American Tension Intensifies

13 Jun 2020 2 minute read 0 comments PassionCryptodotcom

With tensions rising between the American eagle and the Chinese dragon, geopolitical unrest could move the needle for   Bitcoin  . It's like we were here before, isn't it? The centuries-old claim for uncorrelated cryptocurrency affected by diplomatic...

Study: 100 thousand Chinese secretly buy bitcoin using USDT

12 Jun 2020 1 minute read 0 comments Kluma

More than 100 thousand retail and institutional investors in China are one of the key buyers of USDT tokens entering the market. With their help, they circumvent the ban on cryptocurrency trading. This is evidenced by the results of a study by the Be...

Bank employee unsuccessfully invested stolen 2 million yuan in bitcoin

11 Jun 2020 1 minute read 0 comments Kluma

A bank employee from China invested the money of the company's customers in the first cryptocurrency, when its price dropped from $ 14,000 to $ 3,800A former bank clerk from China stole money from the accounts of company customers and invested it in...

China issued securities using blockchain for $ 17 billion

8 Jun 2020 1 minute read 1 comment Kluma

  Zheshang Commercial Bank Explains Why Issuing Assets Using New Technology and Who Will Help ItChinese commercial bank Zheshang issued blockchain-based securities backed by other financial assets (ABCP). The issue amounted to $ 16.9 billion. This is...

Walmart Controlled Company Partners with VeChain in China

4 Jun 2020 1 minute read 2 comments Abhimanyu Krishnan

On June 2, VeChain (VET) announced that it had partnered with China-based subsidiary of Walmart, Sam’s Club to use the former’s food traceability solutions in its line of products. PricewaterhouseCoopers (PwC), one of the “big four” professional serv...

Chinese Police Find Secret Bitcoin Mining Operation in Suspected Tombs.

3 Jun 2020 1 minute read 0 comments RickeBeatz

Chinese Police Find Secret Bitcoin Mining Operation in Suspected Tombs   Chinese law enforcement discovered an illegal Bitcoin mining operation in what appeared to be multiple underground burial sites. Chinese law enforcement discovered a Bitcoin (B...