In a bid to alleviate rising tensions, Japan is sending senior diplomat Masaaki Kanai to China. This diplomatic effort follows China’s strong response to remarks made by Japanese […]
US and UK Target China’s Crypto Networks in Money Laundering Crackdown
The US and UK are taking a significant stance against Chinese cryptocurrency networks involved in money laundering, implementing sanctions that target major players like the Prince Group and […]
China and U.S. Reach New Trade Deal, Impacting Global Markets
In a significant development, China and the United States have reached an agreement aimed at easing long-standing trade tensions. Led by President Xi Jinping and former President Donald […]
Alibaba Unveils Bank-Friendly Deposit Token to Navigate China’s Stablecoin Crackdown
In response to China’s crackdown on private stablecoins, Alibaba is developing a deposit token backed by banks, aiming to facilitate cross-border payments without violating the country’s strict regulations. […]
China’s Economic Slowdown Impacts Crypto Market Sentiment
China’s economic woes are casting a shadow over the global cryptocurrency market, particularly impacting risk sentiment. The country’s weak manufacturing and retail sales growth, coupled with ongoing structural […]
Anthropic Identifies AI-Driven Cyber Espionage by Chinese Group
Anthropic has uncovered a sophisticated cyber espionage campaign orchestrated entirely by artificial intelligence (AI), targeting around thirty global organizations. The attack, attributed to a suspected Chinese state-sponsored group, […]
China’s AI Surge: A Growing Threat to U.S. Tech Leadership
Andy Konwinski, co-founder of Databricks and a prominent figure in the AI research landscape, warns of a critical shift in global AI dominance. According to Konwinski, China is […]
U.S. Launches Strike Force Against $9 Billion Crypto Scams Targeting Americans
The U.S. government has launched a dedicated strike force to combat rising cryptocurrency scams originating from Southeast Asia. This initiative targets Chinese-linked criminal organizations responsible for billions in […]
Alibaba Develops Deposit Token Amid China’s Stablecoin Crackdown
Chinese tech giant Alibaba is developing a deposit token as part of its efforts to streamline international transactions, according to CNBC. The company plans to utilize this stablecoin-like […]
China’s Economic Growth Stalls Amidst Investment Slump and External Pressures
China’s economic momentum has slowed in the final quarter of 2023, facing challenges from declining investment and heightened trade tensions. Fixed-asset investments plunged by 1.7% for the first […]
Gambling Kingpin Extradited to China After Years-Long Legal Battle
Wanted gambling kingpin She Zhijiang has been extradited to China following a three-year legal battle in Thailand. The 43-year-old Chinese national, who holds both Chinese and Cambodian passports, […]
China Alleges US Role in $13 Billion Bitcoin Theft, Sparks International Controversy
A high-profile international conflict has erupted over a significant bitcoin theft accusation. China’s National Computer Virus Emergency Response Center (CVERC) claims the U.S. government misappropriated $13 billion worth […]
China Accuses US of Orchestrating $13 Billion Bitcoin Heist
The Chinese government has accused the United States government of orchestrating a massive heist of $13 billion in Bitcoin from a Chinese mining operation, escalating tensions between the […]
Bitcoin Theft Sparks Diplomatic Tensions Between China and the U.S.
A staggering $13 billion theft from China’s LuBian mining pool has triggered diplomatic tensions between the U.S. and China, leading to accusations of state-sponsored hacking. The incident highlights […]
China Raises Eyebrows Over US Role in LuBian Hack, Citing Potential for Hidden Access
China has intensified scrutiny of U.S. involvement in the 2020 LuBian cryptocurrency exchange hack following the Department of Justice (DOJ)’s seizure of 127,000 Bitcoin (BTC), representing its largest […]