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Strengthening Digital Yuan Security: Postal Savings Bank Takes Action to Manage Customer Identity Information
Strengthening Digital Yuan Security: Postal Savings Bank Takes Action to Manage Customer Identity InformationPostal Savings Bank of China has recently issued an announcement to further strengthen the verification of the completeness and validity of personal customer identity information for digital yuan. The bank will impose restrictions on digital yuan wallets for customers with incomplete identity information...
Blockchain 2024-07-04 10:51:50 -
BYD's Rise: How Wang Chuanfu Surpassed Musk to Become the Global Electric Vehicle King
BYD's Rise: How Wang Chuanfu Surpassed Musk to Become the Global Electric Vehicle KingBYD, a Shenzhen-based company in China, is rapidly becoming a global leader in the electric vehicle industry with its impressive speed and innovation. Founder Wang Chuanfu, hailed as the Chinese Elon Musk, has led BYD to surpass Tesla and is poised to become the world's largest electric vehicle manufacturer, thanks to his deep commitment to electric vehicle technology and cost control...
Industry dynamics 2024-07-04 10:45:42 -
Bitcoin and Ethereum Futures Plunge on Wednesday
Bitcoin and Ethereum Futures Plunge on WednesdayOn Wednesday (July 3), at the close of trading in New York, the CME Bitcoin futures contract BTC lead contract closed at $59885.00, down 3...
Blockchain 2024-07-04 10:45:03 -
Digital Yuan Drives Strong Rebound in Fintech ETFs, Future Prospects Look Bright
Digital Yuan Drives Strong Rebound in Fintech ETFs, Future Prospects Look Bright This morning, digital currency and cybersecurity sectors experienced a rapid rebound. In the ETF market, the Fintech ETF Huaxia (516100) and Fintech ETF (159851) surged over 2...
Blockchain 2024-07-04 10:43:36 -
Postal Savings Bank strengthens customer identity information management for digital RMB, preventing money laundering risks
Postal Savings Bank strengthens customer identity information management for digital RMB, preventing money laundering risksIn recent years, the digital RMB has been promoted in multiple pilot regions across China, and the potential risks brought by its anonymous nature have gradually emerged. Low-authority digital RMB wallet users may face anonymity risks during use, which could be exploited by money launderers...
Blockchain 2024-07-04 10:40:53 -
The Rise of Leveraged and Inverse Bitcoin ETFs: A New Chapter in the Bull Market
The Rise of Leveraged and Inverse Bitcoin ETFs: A New Chapter in the Bull MarketThe cryptocurrency market is experiencing a renewed bull run ignited by the launch of spot Bitcoin ETFs, and Wall Street is capitalizing on the opportunity by introducing leveraged and inverse ETF products that are further fueling market enthusiasm. This week, prominent financial product issuer ProShares launched Ultra Bitcoin ETF (BITU) and ProShares UltraShort Bitcoin ETF (SBIT)...
Blockchain 2024-06-21 15:35:36 -
vivo Achieves Outstanding Performance in 618 Shopping Festival, Sales Increase by 48% Year-on-Year
vivo Achieves Outstanding Performance in 618 Shopping Festival, Sales Increase by 48% Year-on-Yearvivo recently released its 618 final report, announcing a remarkable 48% year-on-year increase in online sales across all platforms during this year's 618 shopping festival. Furthermore, sales across all categories on the official vivo online store doubled compared to the same period last year...
Mobile Internet 2024-06-21 11:52:31 -
Samsung Integrates Operations, Provides One-Stop AI Chip Service to Fuel AI Growth
Samsung Integrates Operations, Provides One-Stop AI Chip Service to Fuel AI Growth Samsung Electronics plans to integrate its memory chips, foundry business and chip packaging services to provide customers with a one-stop service, accelerating the production of artificial intelligence chips to better capitalize on the current AI boom. One-Stop Service, Accelerating AI Chip Production With the rapid development of artificial intelligence technology, the demand for high-performance chips is growing...
Industry dynamics 2024-06-19 14:43:52 -
Chinese Electric Vehicle Makers Counter EU Tariffs: Market Diversification and Localized Production
Chinese Electric Vehicle Makers Counter EU Tariffs: Market Diversification and Localized Production Chinese electric vehicle (EV) manufacturers may be unhappy with the new additional tariffs imposed by the European Union (EU), but they have multiple strategies to maintain their growth momentum, including shifting production to the European continent and leveraging their robust profit margins to partially offset the impact of tariffs. The European Commission formally notified carmakers including BYD, Geely Automobile, and SAIC Motor on Wednesday that it would impose temporary tariffs on EVs, up to 48%, starting next month...
Industry dynamics 2024-06-19 14:36:22 -
UBS to Offer Bitcoin ETF, Launching Next Week
UBS to Offer Bitcoin ETF, Launching Next WeekAccording to Cailian Press on April 2, sources revealed that UBS will add a Bitcoin ETF service and launch it widely next week. UBS manages $3...
Blockchain 2024-06-19 12:20:03 -
Microsoft Reassigns Parts of Chinese AI Teams Overseas
Reports surfaced on May 15 that several artificial intelligence (AI) teams within Microsoft's Chinese division are being relocated to the United States and Australia. The rumor mill suggests that Microsoft will assist employees and their families with visa applications, with the potential for hundreds of staff members to be affected...
Industry dynamics 2024-05-24 16:31:47 -
Google Unveils Transformative AI Updates for Search and Beyond at I/O 2024
Mountain View, Calif. - May 15, 2023 - Alphabet Inc...
Industry dynamics 2024-05-24 16:31:02
