This Monday, bitcoin fell again in the market, this time by 10 % of its value, after measures against the mining of digital assets increased in China.
Recently, the Chinese government ordered the closure of some 26 mining centers throughout the country. It should be noted that almost 80 % of the…
Read More...
Browsing Tag
China
Cryptocurrencies exceed financial market expectations
The progressive use, by individuals and companies, of cryptocurrencies as new forms of payment, financing or contracting is disrupting governments and central banks, becoming a "threat to monetary and financial stability, and it is unlikely…
Latin American countries will benefit from infrastructure plan
The G7 representatives agreed, during the summit in the United Kingdom, to launch the initiative called rebuilding "better for the world in order" to respond to the enormous infrastructure needs of the middle and low-income nations of Latin…
More than 1,000 people arrested in China for cryptocurrency fraud
China's Ministry of Public Security detained more than 1,000 people in an operation against a network accused of "fraudulent activities" related to cryptocurrencies. The arrests were made in Beijing, the neighboring Hebei region, the Shanxi…
China and the US hope to resolve their trade differences
The governments of China and the United States resumed their economic and commercial contacts "with normality" and hope to resolve the differences between the two powers with pragmatism in order to achieve mutual benefit and for the world…
Xiaomi is no longer on the “blacklist” of the United States
Chinese tech manufacturer Xiaomi was formally removed from the 'blacklist' of companies with which US citizens and businesses cannot do business after the District of Columbia Court annulled the Chinese firm's designation as a "Chinese…
Bitcoin regains position after chaotic week
Since last week, the cryptocurrency bitcoin had been presenting strong falls in the market to the point of placing itself at $ 30,000, half of its last peak.
It suffered a colossal decline on May 19, falling from a daily open of around $…
China bans offering cryptocurrency services
China announced a ban on financial institutions and payment companies to provide any type of service related to cryptocurrencies.
From now on, banks and online payment channels will not be able to offer their customers any services that…
US wants patent exemption to help poor countries
The president of the United States, Joe Biden, supported on Wednesday that the nation will begin negotiations with the World Trade Organization (WTO) to take the exemption of intellectual property rights on COVID-19 vaccines as a way to…
Cyber attack paralyzed the largest pipeline network in the US
Colonial, which is the largest pipeline network in the United States (USA), was forced to suspend its operations due to a cyberattack, both those responsible and the severity of this attack are still unknown, the company said in a…
Chinese space rocket falls into the sea
Since last week, several Latin American countries were on alert for the approach of a Chinese space rocket that was heading towards Earth.
The Long March 5B was around 30 meters high and a little over 20 tons in weight. Days ago it…
German economy contracts 1.7 % in 2021
Germany's gross domestic product (GDP) declined 1.7 % year-on-year in the first quarter of 2021, the Federal Statistical Office (Destatis) announced today. The figure stops the growth trend registered in the last two quarters, taking into…