Cryptocurrency Analysis and News Portal
Caroline Ellison, the former romantic partner of embattled FTX founder Sam “SBF” Bankman-Fried and former CEO of Alameda Research, has claimed in her courtroom testimony that SBF bribed Chinese officials for millions of dollars to unfreeze funds locked in local exchanges. In her Oct. 11 testimony, Ellison said there was $1 billion
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During the trial of Sam Bankman-Fried, the founder of crypto exchange FTX, shocking revelations emerged from the testimony of former Alameda Research
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Caroline Ellison, on day six of United States v Bankman-Fried, testified that FTX’s founder continued to lie to the public while liquidity and assets dried up behind the scenes. The second week of Bankman-Fried’s fraud for fraud allegations set headlines ablaze as former Alameda Research boss Caroline Ellison accounts of “Sam
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WM Motor’s struggle highlights the challenges smaller companies and new startups face in China’s fiercely competitive EV market. China’s electric vehicle (EV) landscape is witnessing a significant development as WM Motor, a notable player in the industry, officially filed for bankruptcy protection in a Shanghai court. The announcement came through a
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China Daily, affiliated with the Publicity Department of the Chinese Communist Party, has announced plans to develop its own metaverse and NFT platform. China Daily, a prominent English-language newspaper under the ownership of the Publicity Department of the Chinese Communist Party, has expressed its intention to venture into the world of
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China Daily, an English-language newspaper owned by the Publicity Department of the Chinese Communist Party, wants to create its very own metaverse and nonfungible tokens (NFTs) platform.According to a recent announcement, China Daily is awarding 2.813 million Yuan ($390,000) to a third-party contractor that can design the NFT platform within
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The U.S. Department of Justice (DOJ) has unveiled eight indictments against Chinese companies and their employees involved in making and distributing potent synthetic opioid fentanyl. According to the justice department, these companies may have used cryptocurrency, along with other payment methods, to conceal their identities and financial transactions. Justice Department Announces Eight
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The U.S. Department of Justice (DOJ) targeted several Chinese businesses and their employees Tuesday in the latest round of charges tied to production and trafficking of fentanyl – a network that depended on cryptocurrency payments, according to authorities. Original Source
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The second quarter of 2023 marked the fourth consecutive quarter of declines in deal value, highlighting the prolonged nature of the downturn. The Chinese startup ecosystem, once a hotbed for innovation and home to tech giants like ByteDance and Didi Chuxing Technology Co Ltd, has recorded a slower growth rate in
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These IPOs align with the broader trend of Chinese companies seeking public listings in Hong Kong, driven by regulatory scrutiny and market dynamics. Three prominent mainland China-based companies, led by Beijing Fourth Paradigm, a cutting-edge artificial intelligence (AI) software firm, have debuted on the Hong Kong Stock Exchange with initial public
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