China


Vidéos

SBF’s Voyager Debt Emerges; Celsius Reshuffles Board

Alameda Research owes $377 million as Voyager Digital’s second largest borrower. Genesis confirms exposure to Three Arrows Capital. Celsius Network reshuffles board as it fights to stay afloat. South Korea’s Uprise said to have lost US$20 million in client funds on LUNA short. South Korea to cooperate with U.S. on Terra investigation. China’s "Instagram" gets into virtual fashion with users strutting their stuff in NFT clothes. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Finance

L'entreprise de logiciels Meitu a perdu jusqu'à 52,3 millions de dollars au premier semestre en raison de la chute des Cours des cryptos.

Le développeur de l'application avait acheté 940,89 BTC et 31 000 ETH au printemps 2021.

Hong Kong skyline (Ruslan Bardash/Unsplash)

Layer 2

Le PDG de Crypto qui ne veut T de ce poste

Suji Yan, de The MASK Network, construit et finance Web3, et espère que cela permettra de décentraliser son rôle. Cette séance de questions-réponses fait partie de la Future of Work Week.

Suji Yan

Finance

Huobi Global pourrait réduire ses effectifs de plus de 30 % en raison de la répression en Chine qui entraîne une baisse de ses revenus.

La décision de la Chine d'interdire le trading de Crypto l'année dernière a entraîné une forte baisse des revenus de Huobi.

Despidos en el exchange Bullish.com. (Pradit.Ph/Shutterstock)

Vidéos

CoinFLEX Freezes Withdrawals; Investors Deserting Singapore

CoinFLEX latest crypto exchange to freeze withdrawals, while Voyager cuts limit amid 3AC exposure. Chinese police say crypto being used to launder drug money. Retail investors desert exchanges in Singapore amid bear market and government warnings. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Vidéos

SBF Agrees Second Bailout; Pride in the Metaverse

Bitcoin, cryptocurrencies return to red with soaring U.K. inflation. Sam Bankman-Fried steps in to bail out BlockFi.Indian tax authorities to discuss 28% GST on crypto trading next week. Chinese regulators vow to prevent further crypto risks. Pride events head into the metaverse, offering a new safe space for the LGBT community. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Vidéos

3AC Foreclosure Concerns Grow; Fed Boost Short Lived

BlockFi is reportedly among those that liquidated Three Arrows Capital positions. Fed boost to crypto market proves short lived. Huobi to exit Thailand permanently on July 1. Hong Kong Monetary Authority joins with Bank of Israel to investigate CBDC cybersecurity. China media watchdog: NFTs are digital publications and need to be censored. Should NFT collectors be buying insurance? Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Marchés

Premier entrant en Asie : une alternative chinoise aux stablecoins en dollars ? L'utilisation du CNH pose des défis ; le BTC reste au-dessus de 20 000 $.

Le jeton est une version de la monnaie chinoise conçue pour une utilisation offshore ; d’autres cryptomonnaies sont mélangées dans le cadre d’échanges légers.

People's Bank of China (Emmanuel Wong/Getty Images)

Vidéos

Tether Denies Asian Commercial Paper Backing Claims, Exposure to Three Arrows Capital

Tether, the firm behind the crypto market’s largest stablecoin USDT, is denying claims that its commercial paper portfolio is 85% backed by Chinese or Asian commercial paper. “The Hash” discusses the latest developments, along with a vague tweet from the founder of Three Arrows Capital.

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Vidéos

Binance’s CZ on Crypto in China

Changpeng “CZ” Zhao, founder and CEO of the world’s largest crypto exchange Binance, discusses the state of crypto in China after its crackdown on digital assets, and why the ban won’t be lifted any time soon. Plus, advice for navigating crypto winter.

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