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Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 Liquidations
Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 LiquidationsAnother Hong Kong-listed company, BOYA Interactive (HK00434), also drew attention due to its cryptocurrency holdings. On November 12th, the company announced that, as of the announcement date, it held 2,641 Bitcoins at a total cost of approximately $143 million (average cost of approximately $54,000 per coin) and 15,400 Ethereums at a total cost of approximately $42...
Blockchain 2024-12-05 09:51:58 -
Patent Granted for Blockchain-Based Secure Data Interaction Method: Elevating Data Security to New Heights
Patent Granted for Blockchain-Based Secure Data Interaction Method: Elevating Data Security to New HeightsOn December 5, 2024, the State Intellectual Property Office of China announced the publication of a patent (publication number CN119066707A) applied for by Beijing Password Cloud Core Technology Co., Ltd...
Blockchain 2024-12-05 09:06:37 -
Tencent Files Blockchain-Based Data Processing Patent to Enhance Data Anonymity and Reliability
Tencent Files Blockchain-Based Data Processing Patent to Enhance Data Anonymity and ReliabilityOn December 5, 2024, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2024-12-05 08:59:24 -
Putin's Bitcoin Endorsement: Russia's Strategic Shift Towards Crypto
Putin's Bitcoin Endorsement: Russia's Strategic Shift Towards CryptoRussian President Vladimir Putin's recent public endorsement of cryptocurrencies, particularly Bitcoin, marks a strategic shift in Russia's response to Western sanctions and its pursuit of economic independence. He questioned the necessity of holding massive foreign exchange reserves, suggesting crypto assets like Bitcoin could be a more reliable alternative...
Blockchain 2024-12-05 08:56:41 -
DeepMind Unveils Genie2: An AI Model Generating 'Endless' 3D Worlds
DeepMind Unveils Genie2: An AI Model Generating 'Endless' 3D WorldsOn December 5th, Google's AI research arm, DeepMind, launched Genie2, a novel AI model capable of generating 3D worlds with seemingly limitless possibilities and diverse styles. An upgrade to the Genie model released earlier this year, Genie2 creates interactive, real-time 3D environments from just an image and a text prompt...
Industry dynamics 2024-12-05 08:23:32 -
MicroStrategy: High-priced Stock Issuance Fuels Continued Bitcoin Bet
MicroStrategy: High-priced Stock Issuance Fuels Continued Bitcoin BetMicroStrategy (MSTR.US), one of the world's largest corporate holders of Bitcoin, is raising capital through large-scale stock issuances to further expand its Bitcoin reserves...
Blockchain 2024-12-05 06:49:16 -
Bitcoin Breaks $99,000 After Trump Nominates Pro-Crypto SEC Chair
Bitcoin Breaks $99,000 After Trump Nominates Pro-Crypto SEC ChairBitcoin surged past the $99,000 mark on December 5th, experiencing a 3.4% intraday gain...
Blockchain 2024-12-05 05:03:44 -
Huawei Mate70 Series Remains a Hot Seller: Shortage, Price Drops, and a Version Selection Guide
Huawei Mate70 Series Remains a Hot Seller: Shortage, Price Drops, and a Version Selection GuideUnlike Xiaomi, which has seemingly abandoned its hunger marketing strategy allowing consumers relatively easy access to new phone models securing a new Huawei phone remains a challenge. The hugely popular Huawei Mate60 series last year, and now the Mate70 series, continue to experience persistent shortages...
Mobile Internet 2024-12-05 00:16:55 -
Geekom Unveils Snapdragon XElite Mini PC: A Retail Market First, Priced Above $850
Geekom Unveils Snapdragon XElite Mini PC: A Retail Market First, Priced Above $850Fast Technology reported on December 4th that while Qualcomm previously released a "Windows on Snapdragon developer kit," its high price and developer-only access led to its discontinuation within six months. Now, Geekom is developing a new Snapdragon XElite mini PC destined for the retail market, marking the first truly consumer-oriented Snapdragon mini PC...
Mobile Internet 2024-12-04 23:25:06 -
realme Neo7: Launching December 11th A Perfect Fusion of Flagship-Level Durability and Ultra-Long Battery Life
realme Neo7: Launching December 11th A Perfect Fusion of Flagship-Level Durability and Ultra-Long Battery LifeThe realme Neo7 is officially launching on December 11th, boasting "flagship-level durability, incredibly long battery life, and top-tier build quality," aiming to dominate the mid-range smartphone market. realme has recently teased the phone's performance and battery life through various pre-launch campaigns and released official images...
Mobile Internet 2024-12-04 21:50:17 -
Huawei Mate70 Series Launch a Resounding Success: Satellite Paging Ushers in a New Era of Communication
Huawei Mate70 Series Launch a Resounding Success: Satellite Paging Ushers in a New Era of CommunicationThe highly anticipated Huawei Mate70 series, encompassing the Mate70, Mate70 Pro, Mate70 Pro+, and Mate70 RS Porsche Design, launched its initial sale this morning, starting at 5499 yuan. However, the initial stock sold out instantly, with all four models temporarily unavailable...
Mobile Internet 2024-12-04 21:44:11 -
South Korea's Cryptocurrency Market Flash Crash: A Short-Term Shock Driven by Political Turmoil and Market Fragility
South Korea's Cryptocurrency Market Flash Crash: A Short-Term Shock Driven by Political Turmoil and Market FragilityOn the evening of December 3rd, a stunning flash crash occurred on Upbit, a major South Korean cryptocurrency exchange, with Bitcoin plunging nearly 30% within minutes to around $62,000 (approximately 88 million KRW) before swiftly recovering. This event garnered global attention, its cause attributed to a confluence of factors: the short-term impact of domestic political instability in South Korea, and the inherent structural and liquidity vulnerabilities within the South Korean cryptocurrency market itself...
Blockchain 2024-12-04 21:10:09
