China Crypto News

ByteDance Plans Massive $12B AI Chip Investment Amid US-China Tech Tensions

Financial Times reports ByteDance plans $12 billion AI chip investment for 2025, though the company denies these claims. $5.5 billion allocated for domestic...

Former Bank of China Executive Criticizes Trump’s Bitcoin Reserve Strategy

Former Bank of China executive criticizes Trump's Bitcoin reserve proposal as contradictory to dollar supremacy goals. US Treasury's Foreign Exchange Stability Fund ($206...

China’s Bond Rally Warning Sparks Bitcoin Surge Amid Stimulus Speculation

Bitcoin prices approach $100,000 amid market recovery and anticipation of Chinese monetary policy changes. China's central bank signals potential interest rate cuts from current 1.5%...

China-Linked Hackers Hit Treasury, GOP Leaders Demand Answers From Yellen

Republican lawmakers demand Treasury briefing on Chinese cyber breach by January 10th. Senator Tim Scott and Representative French Hill lead inquiry into Treasury Department security...

China Denies Role in US Treasury Hack as Officials Point to State-Backed Attack

US Treasury workstations experienced unauthorized access from suspected Chinese threat actors. BeyondTrust, a third-party service provider, detected the breach on December 8. Chinese embassy spokesperson explicitly...

China Unleashes AI-Powered Robot ‘Bowling Ball’ for Street Crime Prevention

China deploys RT-G, an AI-powered spherical robot for law enforcement, capable of speeds up to 21 mph with a 10-hour battery life. The robot features...

Former China CBDC Chief Expelled from Communist Party Over Corruption Claims

Yao Qian, former head of China's CBDC research, has been expelled from the Chinese Communist Party amid corruption allegations Allegations include accepting cryptocurrency, property, and...

Former Chinese Banker Says They Should Review Bitcoin Trading Ban in The Country

In February last year, Chinese authorities indicated that transactions made with "virtual currencies" started to become illegal in that country. Therefore, they would carry...

Latest news

Harvard Endowment Reveals $116M Bitcoin ETF Bet in SEC Filing

Harvard Management Company has disclosed a $116 million investment in BlackRock’s iShares Bitcoin Trust (IBIT). The position was revealed in...

Trump Fires IRS Commissioner Billy Long After Two Months in Role

President Donald Trump removed IRS Commissioner Billy Long just two months after his appointment.Treasury Secretary Scott Bessent will act...

Coinbase Launches Decentralized Exchange Trading in the US

Coinbase will add decentralized exchange (DEX) trading to its app for U.S. users, except those in New York.The update...

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