“Bitcoin’s rally this year has hit a speed bump, putting it on track for the worst weekly slide in almost a year amid wider losses in risk assets,” reports Fortune: The largest cryptocurrency slumped as much as 20% this week, the most since March, and was holding at about $46,925 as of 10:22 a.m. in Hong Kong. The wider Bloomberg Galaxy…
Tag: Hong Kong
Evading Censors, Chinese Users Flock To U.S. Chat App Clubhouse
“The U.S. app Clubhouse erupted among Chinese social-media users over the weekend,” reports Bloomberg, “with thousands joining discussions on contentious subjects…undisturbed by Beijing’s censors.” On the invite-only, audio-based social app where users host informal conversations, Chinese-speaking communities from around the world gathered to discuss China-Taiwan relations and the prospects of unification, and to share their knowledge and experience of Beijing’s crackdown…
Fake Pro-China Accounts Are Reaching Millions on Twitter
“A pro-China network of fake and impostor accounts found a global audience on YouTube, Facebook and Twitter to mock the U.S. response to the COVID-19 pandemic,” reports the Associated Press, “as well as the deadly riot in Washington that left five dead, new research published Thursday found.” Slashdot reader schwit1 shared their report:
Messages posted by the network, which also praised China,…
See Sirius, the brightest star in the night sky
Find out how to spot Sirius, the brightest star as seen from Earth. Learn the mythology behind this dazzling light and how it earned the nickname of the Dog Star. Source: https://earthsky.org/brightest-stars/sirius-the-brightest-star…
Hacker Group Inserted Malware In NoxPlayer Android Emulator
A mysterious hacking group has compromised the server infrastructure of a popular Android emulator and has delivered malware to a handful of victims across Asia in a highly-targeted supply chain attack. ZDNet reports: The attack was discovered by Slovak security firm ESET on January 25, last week, and targeted BigNox, a company that makes NoxPlayer, a software client for emulating Android…
Dropping WhatsApp? Despite Privacy Concerns, Nostalgia Drives Users to ICQ
Here’s an interesting tidbit from The Wall Street Journal:
ICQ was a pioneering, mid-1990s internet messaging service then used on bulky PCs on dial-up. It was a precursor to AOL Instant Messenger, and was last in vogue when the TV show “Friends” was in its prime and PalmPilots were cutting edge. It’s been modernized over the years, and now is an app…
US Bans WeChat Pay, Alipay and Six More Chinese Payment Apps
The Trump administration says that Chinese payment apps, including WeChat Pay, are a threat to national security. By Executive Order, all US transactions with these apps must cease within 45 days. AppleInsider reports: President Trump has issued an Executive Order banning US transactions with a range of Chinese payment platform apps from February 18, 2021. The order says this “aggressive action”…
NYSE Abruptly Reverses Plan To Delist Three Chinese Telecoms
The New York Stock Exchange has abruptly reversed plans to delist three major Chinese telecommunications companies after consulting regulators about an investment ban ordered by President Donald Trump. From a report: Coming days before the companies were to be delisted — and just over two weeks before Trump is to leave the White House — the U-turn avoids a step that…
NYSE To Delist Chinese Telco Giants on US Executive Order
The New York Stock Exchange said it will delist three Chinese companies to comply with a U.S. executive order that imposed restrictions on companies that were identified as affiliated with the Chinese military. From a report: China Mobile, China Telecom, China Unicom Hong Kong will be delisted between Jan. 7 and Jan. 11, according to a statement by the exchange.
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Bitcoin Miners in Nordic Region Get a Boost From Cheap Power
The Nordic region once again has become a lucrative place to mine crypto-currencies, thanks to a plunge in electricity prices. From a report: The wettest weather in at least 20 years boosted production from hydro-electric plants, leaving Sweden and Norway with some of the lowest power prices in the world. The resulting glut in the most important raw material for making…