China Crypto News

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...

Trump Imposes Major Tariffs on Canada, Mexico, China; Crypto Markets React

Trump administration implements 25% tariffs on Mexican and Canadian imports, 10% on Chinese goods, citing drug control concerns. Cryptocurrency markets react negatively with Bitcoin dropping...

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...

Latest news

U.S., Ukraine Uncover Russian Cyber Spy Campaign

The Security Service of Ukraine and FBI uncovered a long-running Russian cyber-espionage campaign targeting officials and activists worldwide.Attackers used...

Nvidia’s $1,000 IPO Investment Now Worth Multi-Millions

A $1,000 investment in NVIDIA at its 1999 IPO, adjusted for splits, would be worth over $8.3 million as...

Ripple processed $16T but used almost no crypto

Ripple CEO criticized Strategy's leveraged funding model for hurting the wider crypto market.Brad Garlinghouse pointed to Strategy's preferred stock,...