Chinese crackdown on cryptocurrencies is reportedly forcing miners to abandon their computers

China, which accounted for more than half of global Bitcoin production until a few months ago, banned payment companies and other financial institutions from offering services related to cryptocurrency transactions in May 2021. In addition, it also warned investors against the deal. speculative of cryptocurrencies, in what has been a major crackdown on cryptographic assets. … Read more

Didi could come under Chinese state control, Beijing proposes government-run companies to invest in company: report

The city of Beijing is considering putting Didi Global under state control and has proposed that state-owned companies invest in the Chinese pedestrian company, Bloomberg News reported. The central thrust of the Beijing city government’s proposal is to regain control over one of its biggest corporations, and particularly the data it holds, said Friday’s Bloomberg … Read more

Shang-Chi Movie Review: Marvel’s Tale of Chinese Superheroes Make All the Right Choices

Shang-Chi and the Legend of the Ten Rings – the new Marvel movie now showing in theaters – make some very smart choices. Its villain (and throbbing heart) is played by Hong Kong film legend Tony Leung, known for the romantic drama In the Mood for Love and the crime thriller Infernal Affairs. Leung excels … Read more