China Crypto News

Chinese AI DeepSeek sparks market panic with low-cost superiority

Chinese AI startup DeepSeek has developed a competitive AI model at a fraction of the cost of US competitors, causing global tech stocks...

Russia Faces Energy Crisis, May Import Electricity from China

Russia faces severe energy shortages caused by the Ukraine war, Western sanctions, and cryptocurrency mining demand, transforming it from an energy exporter to a...

China Mulls Stablecoin Strategy to Counter US Dollar Dominance in Digital Currency Space

Chinese economic authority proposes three-pronged strategy to counter growing influence of US dollar stablecoins, including potential development of Chinese stablecoins. Zhang Ming, Deputy...

Russia Uses Bitcoin to Bypass Sanctions in Trade with China and India

Russia is using cryptocurrencies to facilitate trade with China and India, circumventing international sanctions imposed following its invasion of Ukraine.The Bank of Russia is...

Bitcoin Price Rebounds to $90,000 as China Considers New Economic Stimulus Measures

Bitcoin has experienced significant volatility, trading in a $20,000 range and rebounding from below $80,000 to over $90,000.China is planning monetary stimulus measures that...

Bipartisan Bill Advancing to House Vote Aims to Counter China’s Influence in Wireless Standards

Bipartisan legislation aiming to counter China's dominance in wireless technology standards has advanced to a House vote after committee approval. The bill requires...

Trump Announces March 4 Tariffs on Mexico, Canada, and China, Impacting Stock Futures

Trump announces tariffs on Mexico, Canada, and China to begin March 4, sooner than markets expected.U.S. stock futures trim gains with Nasdaq up 0.6%,...

New Open-Source AI Model Matches China’s DeepSeek with 85% Less Training Data

OpenThinker-32B achieves 90.6% accuracy on MATH500, surpassing DeepSeek's 89.4% with significantly less training data. The model demonstrates superior efficiency, requiring only 114,000 training examples compared...

Latest news

Bitcoin Reclaims $80K as Crypto Stocks Rally on CFTC News

Bitcoin reclaimed $80,000 on Friday for the first time in over a week, sparking a broad crypto market rallyThe...

Amazon’s $190B Anthropic stake tied to FTX’s Bankman-Fried

Amazon now holds $190 billion in equity tied to Anthropic, a company funded by Sam Bankman-Fried.Amazon’s AI safety...

13 npm Packages Deliver WeaselBiscuit Stealer

Threat actors are distributing 13 malicious npm packages that deliver a new, lightweight JavaScript stealer named WeaselBiscuit.The malware...