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#Russia’s top metal producers reportedly turn to Tether for trades with China.@2024
Russia’s two largest unsanctioned metal producers have reportedly begun using Tether’s USDT stablecoin for cross-border transactions with Chinese clients and suppliers.
Russian commodities giants have reportedly started using stablecoins to settle cross-border transactions with China as the U.S. Treasury Department previously made it clear it would impose secondary sanctions on lenders facilitating sanctions evasion.
#Russia #China #Tether
Russia’s two largest unsanctioned metal producers have reportedly begun using Tether’s USDT stablecoin for cross-border transactions with Chinese clients and suppliers.
Russian commodities giants have reportedly started using stablecoins to settle cross-border transactions with China as the U.S. Treasury Department previously made it clear it would impose secondary sanctions on lenders facilitating sanctions evasion.
#Russia #China #Tether
Here are some connections between AI and cryptocurrency ....
- AI cryptocurrencies are tokens that power AI blockchain platforms.
- AI can rapidly read, understand and correlate data at incredible speed, bringing a new level of intelligence to blockchain-based business networks.
- AI trading is a method of trading that aims to use custom-built programs that run bots to analyze data and conduct transactions.
- AI tools can execute transactions automatically based on predefined criteria, such as price movements, technical indicators, and market sentiment.
- AI can analyze historical data to identify patterns and trends, enabling the prediction of future price movements.
- AI can help advance almost every field in healthcare, from surfacing treatment insights and supporting user needs to identifying insights from patient data and revealing patterns.
- Blockchain and AI in the pharmaceutical industry can add visibility and traceability to the drug supply chain while dramatically increasing the success rate of clinical trials.
- Blockchain and AI are transforming the financial services industry by enabling trust, removing friction from multiparty transactions and accelerating the speed of transactions.
#China #BinanceHerYerde #btc70k
- AI cryptocurrencies are tokens that power AI blockchain platforms.
- AI can rapidly read, understand and correlate data at incredible speed, bringing a new level of intelligence to blockchain-based business networks.
- AI trading is a method of trading that aims to use custom-built programs that run bots to analyze data and conduct transactions.
- AI tools can execute transactions automatically based on predefined criteria, such as price movements, technical indicators, and market sentiment.
- AI can analyze historical data to identify patterns and trends, enabling the prediction of future price movements.
- AI can help advance almost every field in healthcare, from surfacing treatment insights and supporting user needs to identifying insights from patient data and revealing patterns.
- Blockchain and AI in the pharmaceutical industry can add visibility and traceability to the drug supply chain while dramatically increasing the success rate of clinical trials.
- Blockchain and AI are transforming the financial services industry by enabling trust, removing friction from multiparty transactions and accelerating the speed of transactions.
#China #BinanceHerYerde #btc70k
US Arrests Creator of $130M Botnet
🇺🇸 The US Department of Justice has taken down the infamous botnet 911 S5, responsible for numerous #cyberattacks and frauds. Its creator, 35-year-old Yunhe Wang, who holds citizenship in #China and Saint Kitts and Nevis, has been arrested.
🧑💻 From 2014 to 2022, Wang compromised a million home computers across 200 countries by offering free VPN services with backdoors. He then created a botnet with over 19 million IP addresses, selling access to other cybercriminals for cryptocurrencies.
🤖🕸The botnet facilitated a range of crimes, including financial fraud, identity theft, and child exploitation. Chainalysis analysts revealed that Wang’s associated wallets contained over $130 million in digital #assets .
🚓 Authorities have seized 23 domains on 70 servers and $30 million in funds. The Office of Foreign Assets Control (#OFAC ) has imposed financial sanctions on Wang, his accomplices, and his controlled organizations.
#StartInvestingInCrypto
🇺🇸 The US Department of Justice has taken down the infamous botnet 911 S5, responsible for numerous #cyberattacks and frauds. Its creator, 35-year-old Yunhe Wang, who holds citizenship in #China and Saint Kitts and Nevis, has been arrested.
🧑💻 From 2014 to 2022, Wang compromised a million home computers across 200 countries by offering free VPN services with backdoors. He then created a botnet with over 19 million IP addresses, selling access to other cybercriminals for cryptocurrencies.
🤖🕸The botnet facilitated a range of crimes, including financial fraud, identity theft, and child exploitation. Chainalysis analysts revealed that Wang’s associated wallets contained over $130 million in digital #assets .
🚓 Authorities have seized 23 domains on 70 servers and $30 million in funds. The Office of Foreign Assets Control (#OFAC ) has imposed financial sanctions on Wang, his accomplices, and his controlled organizations.
#StartInvestingInCrypto
Pakistan’s export of goods and services to China witnessed an increase of 37.68 percent during the first ten months of the current fiscal year (2023-24) as compared to the exports of the corresponding period of last year, the State Bank of Pakistan (SBP) said on Wednesday afternoon.
The overall exports to China were recorded at $2.341 billion during July-April (2023-24) against the exports of $1.700 billion during July-April (2022-23), SBP data revealed.
On a year-to-year basis, exports to China also surged by 13.56 percent from $175.542 million in April 2023 to $199.352 million in April 2024.
On a month-on-month basis, exports to China decreased by 18.97 percent during April 2024 as compared to the exports of $246.030 million in March 2024, the SBP data said.
Overall Pakistan’s exports to other countries witnessed an increase of 10.64 percent in the first ten months, from $23.199 billion to $25.669 billion, the SBP data added.
Imports from China into the country during the months under review were recorded at $10.648 billion against $8.343 billion last year, showing an increase of 27.61 percent in July-April (2023-24).
Overall imports into Pakistan witnessed a decrease of 5.27 percent, from $45.766 billion to $43.353 billion.
#Pakistan #Exports #China #Significant #Growth
$ETH
$USDC
$BTC
The overall exports to China were recorded at $2.341 billion during July-April (2023-24) against the exports of $1.700 billion during July-April (2022-23), SBP data revealed.
On a year-to-year basis, exports to China also surged by 13.56 percent from $175.542 million in April 2023 to $199.352 million in April 2024.
On a month-on-month basis, exports to China decreased by 18.97 percent during April 2024 as compared to the exports of $246.030 million in March 2024, the SBP data said.
Overall Pakistan’s exports to other countries witnessed an increase of 10.64 percent in the first ten months, from $23.199 billion to $25.669 billion, the SBP data added.
Imports from China into the country during the months under review were recorded at $10.648 billion against $8.343 billion last year, showing an increase of 27.61 percent in July-April (2023-24).
Overall imports into Pakistan witnessed a decrease of 5.27 percent, from $45.766 billion to $43.353 billion.
#Pakistan #Exports #China #Significant #Growth
$ETH
$USDC
$BTC
"Nvidia's Price Cut Tango in China" 🔥 🔥 😳
🎮 **Introduction:**
Despite the embargoes, Nvidia pirouetted its way into the Chinese market, attempting to outfox local players in the AI accelerator dance. But will their price cut waltz be a hit or a miss? Let's find out!
🚀 **The Backstory:**
Nvidia, the reigning champion of the chip world, has been nursing a sore spot—the Chinese market. While US sanctions keep Western companies at arm's length, savvy local players are seizing the moment. Think of it as Apple's moonwalk in China, but with a dash of Nvidia flair.
🌟 **The H20 AI Accelerator Debut:**
Recently, Nvidia unveiled its H20 artificial intelligence accelerator in China, hoping for a standing ovation. But alas, the applause was more like polite golf claps. 🙌
🎯 **The Grand Strategy:**
Worried about local contenders stealing the spotlight, Nvidia decided to cha-cha-charge into the competition. Their secret weapon? A 10% discount! 💸
🤖 **The Rivalry:**
Picture this: Nvidia twirling across the dance floor, facing off against Huawei's Ascend 910B. It's a fierce tango of silicon supremacy! 💃🕺
🇨🇳 **The Nationalism Tango:**
But wait, there's a twist. Authorities warn that dancing against Chinese nationalism isn't a piece of cake. Nvidia's moves might be elegant, but they're navigating a minefield. 💥
💰 **The Encore:**
Surprisingly, the Chinese figures haven't thrown off Nvidia's rhythm. Their financial statements remain steady, like a seasoned dancer maintaining perfect form. 💃💰
And so, the spotlight shines on Nvidia—their pirouettes, their price cuts, and their quest for harmony in the land of dragons. Will they waltz their way to victory, or stumble on the dance floor? Only time will tell! 🌟🎶
*Disclaimer: This content is for entertainment purposes only. No actual dancing chips were harmed during the creation of this story.* 😄🎛️
#Nvidia #bitcoin #Binance #China
🎮 **Introduction:**
Despite the embargoes, Nvidia pirouetted its way into the Chinese market, attempting to outfox local players in the AI accelerator dance. But will their price cut waltz be a hit or a miss? Let's find out!
🚀 **The Backstory:**
Nvidia, the reigning champion of the chip world, has been nursing a sore spot—the Chinese market. While US sanctions keep Western companies at arm's length, savvy local players are seizing the moment. Think of it as Apple's moonwalk in China, but with a dash of Nvidia flair.
🌟 **The H20 AI Accelerator Debut:**
Recently, Nvidia unveiled its H20 artificial intelligence accelerator in China, hoping for a standing ovation. But alas, the applause was more like polite golf claps. 🙌
🎯 **The Grand Strategy:**
Worried about local contenders stealing the spotlight, Nvidia decided to cha-cha-charge into the competition. Their secret weapon? A 10% discount! 💸
🤖 **The Rivalry:**
Picture this: Nvidia twirling across the dance floor, facing off against Huawei's Ascend 910B. It's a fierce tango of silicon supremacy! 💃🕺
🇨🇳 **The Nationalism Tango:**
But wait, there's a twist. Authorities warn that dancing against Chinese nationalism isn't a piece of cake. Nvidia's moves might be elegant, but they're navigating a minefield. 💥
💰 **The Encore:**
Surprisingly, the Chinese figures haven't thrown off Nvidia's rhythm. Their financial statements remain steady, like a seasoned dancer maintaining perfect form. 💃💰
And so, the spotlight shines on Nvidia—their pirouettes, their price cuts, and their quest for harmony in the land of dragons. Will they waltz their way to victory, or stumble on the dance floor? Only time will tell! 🌟🎶
*Disclaimer: This content is for entertainment purposes only. No actual dancing chips were harmed during the creation of this story.* 😄🎛️
#Nvidia #bitcoin #Binance #China
Chinese chip manufacturers scared Nvidia
Despite the embargoes, Nvidia found a solution to discount Chinese designers who are gearing up on artificial intelligence accelerators, but it is not known whether it will be effective.
Although Nvidia has a great dominance in the chip world, the Chinese market is still a bleeding wound for the company. While US embargoes keep Western companies away from China, local players are turning this crisis into an opportunity. We see an example of Apple discounting in China with Nvidia.
#Nvidia , which launched the H20 artificial intelligence accelerator in #China in recent weeks to comply with the embargo, did not receive the attention it expected. Concerned about local players increasing their share in the competition, Nvidia decided to reduce the price.
With a discount of around 10 percent, it is aimed to be effective in competition against artificial intelligence chips such as Huawei's Ascend 910B. However, authorities state that Nvidia's job against Chinese nationalism is not easy at all. Still, the Chinese figures do not have a significant impact on Nvidia's financial statements.
$BTC
Despite the embargoes, Nvidia found a solution to discount Chinese designers who are gearing up on artificial intelligence accelerators, but it is not known whether it will be effective.
Although Nvidia has a great dominance in the chip world, the Chinese market is still a bleeding wound for the company. While US embargoes keep Western companies away from China, local players are turning this crisis into an opportunity. We see an example of Apple discounting in China with Nvidia.
#Nvidia , which launched the H20 artificial intelligence accelerator in #China in recent weeks to comply with the embargo, did not receive the attention it expected. Concerned about local players increasing their share in the competition, Nvidia decided to reduce the price.
With a discount of around 10 percent, it is aimed to be effective in competition against artificial intelligence chips such as Huawei's Ascend 910B. However, authorities state that Nvidia's job against Chinese nationalism is not easy at all. Still, the Chinese figures do not have a significant impact on Nvidia's financial statements.
$BTC
🚀🇨🇳 China's Crypto Crackdown: A Surprising Twist! 🇨🇳🚀
Despite a two-year ban, China's authorities have uncovered illegal crypto operations worth billions, including a jaw-dropping $1.9 billion underground bank! 💰🕵️♂️
This revelation hints at a fascinating trend: Chinese citizens are turning to crypto for investment opportunities or to facilitate international money transfers. 🌏💸
Experts speculate that the decentralized nature of crypto, combined with lax enforcement, might be fueling this underground surge. 🔄🔍
And get this: Even with the crackdown, a staggering $86 billion flowed into China within a year, showcasing the enduring allure of digital assets! 💎💼
Join the conversation on #ChinaCrackdown #ChinaCrypto #China #CryptoBan and stay ahead of the curve in the ever-evolving world of cryptocurrency! 📈🌐#EarnFreeCrypto2024 $BTC
Despite a two-year ban, China's authorities have uncovered illegal crypto operations worth billions, including a jaw-dropping $1.9 billion underground bank! 💰🕵️♂️
This revelation hints at a fascinating trend: Chinese citizens are turning to crypto for investment opportunities or to facilitate international money transfers. 🌏💸
Experts speculate that the decentralized nature of crypto, combined with lax enforcement, might be fueling this underground surge. 🔄🔍
And get this: Even with the crackdown, a staggering $86 billion flowed into China within a year, showcasing the enduring allure of digital assets! 💎💼
Join the conversation on #ChinaCrackdown #ChinaCrypto #China #CryptoBan and stay ahead of the curve in the ever-evolving world of cryptocurrency! 📈🌐#EarnFreeCrypto2024 $BTC
China's crypto crackdown seems to be hitting a snag.
Despite a two-year ban, authorities busted illegal crypto operations worth billions, including a massive $1.9 billion underground bank. This widespread activity suggests citizens are using crypto as an investment or to move money abroad. Experts say lax enforcement and crypto's decentralized nature might be to blame. While down from pre-ban times, $86 billion flowed into China in a year, highlighting continued interest in digital assets.
#ChinaCrackdown #ChinaCrypto #China #CryptoBan
Despite a two-year ban, authorities busted illegal crypto operations worth billions, including a massive $1.9 billion underground bank. This widespread activity suggests citizens are using crypto as an investment or to move money abroad. Experts say lax enforcement and crypto's decentralized nature might be to blame. While down from pre-ban times, $86 billion flowed into China in a year, highlighting continued interest in digital assets.
#ChinaCrackdown #ChinaCrypto #China #CryptoBan
He Earned 415 Thousand Dollars in 4 Months by Purchasing 4,600 Phones and Watching His Own Broadcasts! Caught by the Chinese Government!
A broadcaster in #China participated in his live broadcast using 4,600 phones! The person who earned 3 million yuan in just four months was imprisoned
This incident represents a significant step forward by China in combating fraud in the live streaming industry. The fraudster's imprisonment marks the first time Zhejiang province, the center of the live-streaming industry, has punished a person for such a crime. This serves as a serious warning against fraudulent activities in the industry.
A broadcaster in #China participated in his live broadcast using 4,600 phones! The person who earned 3 million yuan in just four months was imprisoned
This incident represents a significant step forward by China in combating fraud in the live streaming industry. The fraudster's imprisonment marks the first time Zhejiang province, the center of the live-streaming industry, has punished a person for such a crime. This serves as a serious warning against fraudulent activities in the industry.
NEWS FLASH: #China has pledged to support the advancement and societal and economic integration of artificial intelligence.
#ai #Web3 #hongkongweb3 #building
#ai #Web3 #hongkongweb3 #building
🇨🇳 China Giant Tencent recently abandoned plans to develop its own metaverse-related extended-reality technology.
Its 300-person team had reportedly been advised to find other work as the metaverse plans no longer fit the firm’s long-term vision.
#Web3 #Metaverse #China
Its 300-person team had reportedly been advised to find other work as the metaverse plans no longer fit the firm’s long-term vision.
#Web3 #Metaverse #China
Central Bank of China to release the fourth quarter monetary policy report
At the announcement, the bank pointed to the recovery of China's CPI in 2023 as a general, but controllable trend.
#Ufin #China #LucidHoang #CPI
At the announcement, the bank pointed to the recovery of China's CPI in 2023 as a general, but controllable trend.
#Ufin #China #LucidHoang #CPI
🇨🇳 #China digital yuan adoption drive is now focusing on transport networks. And drivers have been green-lighted to use the token to pay tolls on some of the nation’s busiest highways.
China to launch national blockchain research center
Despite its ongoing crackdown on crypto, #China continues to embrace #blockchain technology — up to the point of launching the National Blockchain Technology Innovation Center in the capital city of Beijing.
#cryptonews
Despite its ongoing crackdown on crypto, #China continues to embrace #blockchain technology — up to the point of launching the National Blockchain Technology Innovation Center in the capital city of Beijing.
#cryptonews
#China #Narrative #Coins
Manage your risk exposure smartly.
CFX
CKB
NKN
WIN
IRIS
CTK
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CTXC
MDT
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Manage your risk exposure smartly.
CFX
CKB
NKN
WIN
IRIS
CTK
ONT
ERN
IMX
CTXC
MDT
COCOS
FIL
VET
VTHO
WTC
QLC
KEY
PHB
DOT
IOST
NEO
The Chinese central bank's digital yuan currency, which it created, has apparently been used to buy assets for the first time. #Binance #crypto2023 #BNB #China #cryptonews
Good News 🗞️🔥
🇨🇳 #China says it will promote the development & integration of #AI into the economy & society.
#crypto2023 #BTC #dyor
🇨🇳 #China says it will promote the development & integration of #AI into the economy & society.
#crypto2023 #BTC #dyor
