Tag: Shanghai
China’s new forex rules require banks to tighten scrutiny on cryptocurrency trades
China’s foreign exchange regulator released new rules that require banks to flag risky trades, including those involving cryptocurrencies, which would [...]
Nio’s Onvo brand undercuts Tesla Model Y
Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China.CNBC | Evelyn ChengSHANGHAI — Chine [...]
The Merge and Shanghai has led to More Centralization in Ethereum, JPMorgan Says
Still, centralization by any entity or protocol creates risks for Ethereum as a “concentrated number of liquidity providers or node operators could ac [...]
Bitcoin gains legal recognition as digital currency in Shanghai China
The Shanghai Second Intermediate People's Court in China has reportedly recognized Bitcoin as a unique and non-replicable digital asset while acknowl [...]
Ethereum's Shanghai Upgrade Has Failed to Boost Network Activity, JPMorgan Says
Daily transactions, daily active addresses and total value locked on the blockchain have all fallen since the upgrade, the report said.
www.coindesk. [...]
Shanghai Securities News says the PBOC has space to further cut the RRR this year
High risk warning:
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creat [...]
Shanghai Securities News says the PBOC has space to further cut the RRR this year
High risk warning:
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creat [...]
Immigration consultant detained in Shanghai over illegal foreign-exchange trading
Linda Mei He, president of the Wailian Overseas Consulting Group Inc., is accused of illegal foreign-exchange trading
A Chinese immigration co [...]
Hang Seng, Shanghai Composite Price Action
HANG SENG, SHANGHAI COMPOSITE INDEX - Outlook:China manufacturing activity rose a bit in June.China non-manufacturing activity eased in June.What is [...]
Ethereum’s Shanghai upgrade made it easier to detect criminals
With its historic Merge event in September, Ethereum has become a proof-of-stake blockchain. The mechanism now used to confirm transactions relies on [...]
Bank of Shanghai Fined for Illegal Forex Transactions
MT Newswires 2023
All news about BANK OF SH [...]
ETH Liquid Staking Protocol Lido Finance Deposits Surpass 6M Ether After Shanghai Upgrade
Lido has not yet activated withdrawals, pending the release of its version (v)2 protocol upgrade expected later in May. Given the nature of liquid sta [...]
Ethereum (ETH) Shanghai Upgrade Brings Record Inflow Into Ether Staking
Through the first eight days after the upgrade, investors withdrew some 900,000 ETH in staking rewards. Meanwhile, staking deposits totaled some 667,0 [...]
Ether (ETH) Price Drops to Lowest Since Shanghai Upgrade as Bitcoin (BTC), Crypto Prices Fall
Crypto markets have been showing weakness in the past few days as concerns around sticky inflation, stock market earnings and looming recession have d [...]
Ethereum Shanghai Upgrade Boosts Ether Staking Among Institutional Investors
Ethereum’s highly anticipated tech update, often referred to as the Shanghai or Shapella upgrade, enabled withdrawals of some 18 million tokens, worth [...]